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:

22 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:

4,505,318

0.41%

11,252,286

1.03%

(2) Cash-settled derivatives:

10,862,568

0.99%

4,171,817

0.38%

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

0

0.00%

0

0.00%

TOTAL: 

15,367,886

1.41%

15,424,103

1.41%

(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

723233

1.8950 GBP

1.8600 GBP

10p ordinary

Purchase

746652

1.8950 GBP

1.8630 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

Decreasing Long

164

1.8847 GBP

10p ordinary

SWAP

Decreasing Long

308

1.8880 GBP

10p ordinary

SWAP

Decreasing Long

447

1.8824 GBP

10p ordinary

SWAP

Decreasing Long

770

1.8900 GBP

10p ordinary

SWAP

Decreasing Long

1,213

1.8892 GBP

10p ordinary

SWAP

Decreasing Long

1,473

1.8840 GBP

10p ordinary

SWAP

Decreasing Long

2,040

1.8807 GBP

10p ordinary

SWAP

Decreasing Long

2,770

1.8863 GBP

10p ordinary

SWAP

Decreasing Long

3,183

1.8879 GBP

10p ordinary

SWAP

Decreasing Long

4,262

1.8834 GBP

10p ordinary

SWAP

Decreasing Long

6,887

1.8751 GBP

10p ordinary

SWAP

Decreasing Long

11,177

1.8717 GBP

10p ordinary

SWAP

Decreasing Long

14,702

1.8717 GBP

10p ordinary

SWAP

Decreasing Long

42,701

1.8631 GBP

10p ordinary

SWAP

Decreasing Long

45,507

1.8630 GBP

10p ordinary

SWAP

Decreasing Long

56,026

1.8854 GBP

10p ordinary

SWAP

Decreasing Long

92,325

1.8852 GBP

10p ordinary

SWAP

Decreasing Short

1

1.8629 GBP

10p ordinary

CFD

Decreasing Short

47

1.8825 GBP

10p ordinary

SWAP

Decreasing Short

178

1.8889 GBP

10p ordinary

SWAP

Decreasing Short

369

1.8629 GBP

10p ordinary

SWAP

Decreasing Short

1,000

1.8829 GBP

10p ordinary

SWAP

Decreasing Short

1,239

1.8831 GBP

10p ordinary

SWAP

Decreasing Short

2,087

1.8769 GBP

10p ordinary

SWAP

Decreasing Short

3,650

1.8895 GBP

10p ordinary

CFD

Decreasing Short

7,696

1.8899 GBP

10p ordinary

CFD

Decreasing Short

8,426

1.8741 GBP

10p ordinary

SWAP

Decreasing Short

8,882

1.8855 GBP

10p ordinary

SWAP

Increasing Long

490

1.8721 GBP

10p ordinary

SWAP

Increasing Long

2,287

1.8850 GBP

10p ordinary

SWAP

Increasing Long

3,911

1.8804 GBP

10p ordinary

SWAP

Increasing Long

4,152

1.8753 GBP

10p ordinary

SWAP

Increasing Long

9,388

1.8874 GBP

10p ordinary

SWAP

Increasing Long

23,546

1.8877 GBP

10p ordinary

SWAP

Increasing Long

33,489

1.8885 GBP

10p ordinary

SWAP

Increasing Long

34,025

1.8879 GBP

10p ordinary

SWAP

Increasing Long

42,979

1.8893 GBP

10p ordinary

SWAP

Increasing Long

89,969

1.8848 GBP

10p ordinary

CFD

Increasing Short

1

1.8600 GBP

10p ordinary

SWAP

Increasing Short

323

1.8867 GBP

10p ordinary

SWAP

Increasing Short

357

1.8846 GBP

10p ordinary

SWAP

Increasing Short

621

1.8920 GBP

10p ordinary

SWAP

Increasing Short

2,027

1.8837 GBP

10p ordinary

SWAP

Increasing Short

2,525

1.8865 GBP

10p ordinary

SWAP

Increasing Short

3,414

1.8844 GBP

10p ordinary

CFD

Increasing Short

4,890

1.8756 GBP

10p ordinary

CFD

Increasing Short

6,771

1.8695 GBP

10p ordinary

CFD

Increasing Short

10,312

1.8875 GBP

10p ordinary

SWAP

Increasing Short

13,612

1.8839 GBP

10p ordinary

CFD

Increasing Short

19,337

1.8631 GBP

10p ordinary

SWAP

Increasing Short

21,162

1.8895 GBP

10p ordinary

SWAP

Increasing Short

53,453

1.8749 GBP

10p ordinary

CFD

Increasing Short

91,080

1.8630 GBP

10p ordinary

SWAP

Increasing Short

153,640

1.8885 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:

23 Feb 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213