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

LONDONMETRIC PROPERTY PLC

relevant securities this form relates:

(c)

Name of the party to the offer with which exempt

HIGHCROFT INVESTMENTS PLC

principal trader is connected

(d)

Date position held/dealing undertaken:

01 Apr 2025

(e)

In addition to the company in 1(b) above, is the exempt principal

YES:

trader making disclosures in respect of any other party to the offer?

HIGHCROFT INVESTMENTS 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:

8,268,114

0.40%

25,184,418

1.23%

(2)

Cash-settled derivatives:

and/or controlled:

23,687,623

1.16%

3,527,110

0.17%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

31,955,737

1.56%

28,711,528

1.40%

(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)

Purchases and sales

Class of relevant

Purchase/sale

Total number of

Highest price per unit

Lowest price per unit

security

securities

paid/received

paid/received

10p ordinary

Purchase

792,762

1.8474 GBP

1.8140 GBP

10p ordinary

Sale

1,133,679

1.8460 GBP

1.8140 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

10p ordinary

SWAP

Increasing Long

4,486

1.8175 GBP

10p ordinary

SWAP

Increasing Long

3,858

1.8189 GBP

10p ordinary

SWAP

Increasing Long

476

1.8190 GBP

10p ordinary

SWAP

Increasing Long

948

1.8194 GBP

10p ordinary

SWAP

Increasing Long

79

1.8203 GBP

10p ordinary

SWAP

Increasing Long

7,793

1.8208 GBP

10p ordinary

SWAP

Increasing Long

5

1.8220 GBP

10p ordinary

SWAP

Increasing Long

168,118

1.8229 GBP

10p ordinary

SWAP

Increasing Long

40,074

1.8230 GBP

10p ordinary

SWAP

Increasing Long

11,853

1.8233 GBP

10p ordinary

SWAP

Increasing Long

47,036

1.8238 GBP

10p ordinary

SWAP

Increasing Long

226,062

1.8251 GBP

10p ordinary

SWAP

Increasing Long

2,935

1.8262 GBP

10p ordinary

SWAP

Increasing Long

216,692

1.8271 GBP

10p ordinary

SWAP

Increasing Long

25,570

1.8282 GBP

10p ordinary

SWAP

Increasing Long

16,291

1.8297 GBP

10p ordinary

SWAP

Increasing Long

16,757

1.8305 GBP

10p ordinary

SWAP

Increasing Long

166

1.8307 GBP

10p ordinary

SWAP

Increasing Long

1,974

1.8308 GBP

10p ordinary

SWAP

Increasing Long

3,234

1.8319 GBP

10p ordinary

SWAP

Increasing Long

1,732

1.8331 GBP

10p ordinary

SWAP

Increasing Long

5,035

1.8348 GBP

10p ordinary

SWAP

Increasing Long

9,623

1.8353 GBP

10p ordinary

SWAP

Increasing Long

30,264

1.8390 GBP

10p ordinary

SWAP

Increasing Long

13,909

1.8408 GBP

10p ordinary

SWAP

Increasing Long

8,173

1.8431 GBP

10p ordinary

SWAP

Increasing Long

7,614

1.8443 GBP

10p ordinary

SWAP

Decreasing Long

41,651

1.8222 GBP

10p ordinary

SWAP

Decreasing Long

100,192

1.8230 GBP

10p ordinary

SWAP

Decreasing Long

31,102

1.8231 GBP

10p ordinary

SWAP

Decreasing Long

64,576

1.8233 GBP

10p ordinary

SWAP

Decreasing Long

37,563

1.8244 GBP

10p ordinary

SWAP

Decreasing Long

1,386

1.8252 GBP

10p ordinary

SWAP

Decreasing Long

89,377

1.8259 GBP

10p ordinary

SWAP

Decreasing Long

107,662

1.8264 GBP

10p ordinary

SWAP

Decreasing Long

392

1.8272 GBP

10p ordinary

SWAP

Decreasing Long

14,772

1.8304 GBP

10p ordinary

SWAP

Decreasing Long

4,036

1.8313 GBP

10p ordinary

SWAP

Decreasing Long

3,455

1.8370 GBP

10p ordinary

SWAP

Decreasing Long

21,598

1.8377 GBP

10p ordinary

SWAP

Decreasing Long

340

1.8382 GBP

10p ordinary

CFD

Increasing Short

3,004

1.8131 GBP

10p ordinary

CFD

Increasing Short

3,090

1.8262 GBP

10p ordinary

CFD

Increasing Short

3,445

1.8301 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

date

money

relevant

selling,

securities

per unit

paid/

security

varying etc

to which

received

option

per unit

relates

(ii)

Exercising

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

securities

unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

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:

02 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213