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:

27 Feb 2024

(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: LXI REIT PLC

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:

4,489,954

0.41%

12,306,105

1.13%

(2) Cash-settled derivatives:

11,946,593

1.09%

4,152,081

0.38%

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

0

0.00%

0

0.00%

TOTAL:

16,436,547

1.50%

16,458,186

1.51%

(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

Sale

568720

1.8851 GBP

1.8549 GBP

10p ordinary

Purchase

533719

1.8870 GBP

1.8550 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 Long

198

1.8617 GBP

10p ordinary

SWAP

Closing Long

1,940

1.8550 GBP

10p ordinary

SWAP

Decreasing Long

1,273

1.8735 GBP

10p ordinary

SWAP

Decreasing Long

2,117

1.8730 GBP

10p ordinary

SWAP

Decreasing Long

2,897

1.8742 GBP

10p ordinary

SWAP

Decreasing Long

15,926

1.8559 GBP

10p ordinary

SWAP

Decreasing Long

16,142

1.8764 GBP

10p ordinary

SWAP

Decreasing Long

17,214

1.8743 GBP

10p ordinary

SWAP

Decreasing Long

21,496

1.8722 GBP

10p ordinary

SWAP

Decreasing Long

28,391

1.8727 GBP

10p ordinary

SWAP

Decreasing Long

45,031

1.8763 GBP

10p ordinary

SWAP

Decreasing Long

94,987

1.8550 GBP

10p ordinary

SWAP

Decreasing Short

263

1.8718 GBP

10p ordinary

SWAP

Decreasing Short

376

1.8634 GBP

10p ordinary

SWAP

Decreasing Short

400

1.8762 GBP

10p ordinary

SWAP

Decreasing Short

451

1.8732 GBP

10p ordinary

SWAP

Decreasing Short

2,305

1.8768 GBP

10p ordinary

SWAP

Decreasing Short

4,434

1.8719 GBP

10p ordinary

CFD

Decreasing Short

8,514

1.8798 GBP

10p ordinary

SWAP

Decreasing Short

12,008

1.8683 GBP

10p ordinary

CFD

Decreasing Short

12,865

1.8552 GBP

10p ordinary

CFD

Decreasing Short

13,284

1.8550 GBP

10p ordinary

SWAP

Decreasing Short

16,442

1.8549 GBP

10p ordinary

SWAP

Increasing Long

354

1.8790 GBP

10p ordinary

SWAP

Increasing Long

639

1.8720 GBP

10p ordinary

SWAP

Increasing Long

939

1.8830 GBP

10p ordinary

SWAP

Increasing Long

1,173

1.8820 GBP

10p ordinary

SWAP

Increasing Long

2,056

1.8732 GBP

10p ordinary

SWAP

Increasing Long

3,954

1.8736 GBP

10p ordinary

SWAP

Increasing Long

7,529

1.8734 GBP

10p ordinary

SWAP

Increasing Short

11

1.8750 GBP

10p ordinary

SWAP

Increasing Short

22

1.8670 GBP

10p ordinary

SWAP

Increasing Short

26

1.8730 GBP

10p ordinary

SWAP

Increasing Short

71

1.8800 GBP

10p ordinary

CFD

Increasing Short

121

1.8870 GBP

10p ordinary

SWAP

Increasing Short

190

1.8740 GBP

10p ordinary

CFD

Increasing Short

4,416

1.8591 GBP

10p ordinary

SWAP

Increasing Short

6,348

1.8758 GBP

10p ordinary

SWAP

Increasing Short

6,357

1.8652 GBP

10p ordinary

SWAP

Increasing Short

7,319

1.8744 GBP

10p ordinary

CFD

Increasing Short

12,388

1.8550 GBP

10p ordinary

CFD

Increasing Short

22,154

1.8767 GBP

10p ordinary

SWAP

Increasing Short

30,941

1.8550 GBP

10p ordinary

SWAP

Increasing Short

51,907

1.8636 GBP

10p ordinary

SWAP

Opening Short

2,204

1.8550 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:

28 Feb 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213