Form 8.5 (EPT/NON-RI) LONDONMETRIC PROPERTY PLC

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS

(OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Name of exempt principal trader:

BARCLAYS CAPITAL SECURITIES LTD

(b)

Name of offeror/offeree in relation to whose relevant securities this form relates:

LONDONMETRIC PROPERTY PLC

(c)

Name of the party to the offer with which exempt principal trader is connected

LONDONMETRIC PROPERTY PLC

(d)

Date position held/dealing undertaken:

31 May 2023

(e)

In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer?

YES: CT Property Trust Ltd

2.

POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(a)

Interests and short positions in the relevant securities of the offeror or offeree

to which the disclosure relates following the dealing (if any)

Class of relevant security:

10p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

1,667,559

0.17%

2,780,305

0.28%

(2) Cash-settled derivatives:

2,255,880

0.23%

1,511,055

0.15%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

3,923,439

0.40%

4,291,360

0.44%

(b)

Rights to subscribe for new securities (including directors and other executive options)

Class of relevant security in relation to which subscription right exists

Details, including nature of the rights concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Total number of securities

Highest price per unit paid/received

Lowest price per unit paid/received

10p ordinary

Purchase

2513875

1.8000 GBP

1.7472 GBP

10p ordinary

Sale

3669410

1.8010 GBP

1.7440 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

10p ordinary

SWAP

Closing Short

4,243

1.7961 GBP

10p ordinary

SWAP

Closing Short

18,238

1.7620 GBP

10p ordinary

SWAP

Closing Short

52,801

1.7748 GBP

10p ordinary

SWAP

Closing Short

55,634

1.7730 GBP

10p ordinary

SWAP

Decreasing Long

102

1.7574 GBP

10p ordinary

SWAP

Decreasing Long

185

1.7624 GBP

10p ordinary

SWAP

Decreasing Long

9,346

1.7547 GBP

10p ordinary

SWAP

Decreasing Long

14,274

1.7495 GBP

10p ordinary

CFD

Decreasing Long

25,000

1.7894 GBP

10p ordinary

SWAP

Decreasing Short

3,846

1.7695 GBP

10p ordinary

SWAP

Decreasing Short

19,141

1.7566 GBP

10p ordinary

SWAP

Decreasing Short

88,543

1.7460 GBP

10p ordinary

SWAP

Decreasing Short

107,624

1.7894 GBP

10p ordinary

SWAP

Increasing Long

263

1.7973 GBP

10p ordinary

SWAP

Increasing Long

735

1.7936 GBP

10p ordinary

CFD

Increasing Long

794

1.7888 GBP

10p ordinary

CFD

Increasing Long

3,997

1.8000 GBP

10p ordinary

CFD

Increasing Long

4,974

1.7581 GBP

10p ordinary

SWAP

Increasing Long

38,997

1.7999 GBP

10p ordinary

CFD

Increasing Long

426,218

1.7998 GBP

10p ordinary

SWAP

Opening Long

228,530

1.7935 GBP

10p ordinary

SWAP

Opening Long

262,481

1.8000 GBP

10p ordinary

SWAP

Opening Long

308,600

1.7986 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class of relevant security

Product description

Writing, purchasing, selling, varying etc

Number of securities to which option relates

Exercise price per unit

Type

Expiry date

Option money paid/ received per unit

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights of future acquisition or disposal of any relevant securities to which any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

01 Jun 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213