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:

17 Jan 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:

3,469,538

0.32%

5,556,187

0.51%

(2) Cash-settled derivatives:

5,409,508

0.49%

3,141,566

0.29%

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

0

0.00%

0

0.00%

TOTAL: 

8,879,046

0.81%

8,697,753

0.80%

(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

1899703

1.8485 GBP

1.8252 GBP

10p ordinary

Purchase

300438

1.8740 GBP

1.8093 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

78

1.8080 GBP

10p ordinary

SWAP

Decreasing Long

123

1.8127 GBP

10p ordinary

SWAP

Decreasing Long

143

1.8128 GBP

10p ordinary

SWAP

Decreasing Long

189

1.8400 GBP

10p ordinary

SWAP

Decreasing Long

1,478

1.8093 GBP

10p ordinary

SWAP

Decreasing Long

2,479

1.8740 GBP

10p ordinary

SWAP

Decreasing Long

11,194

1.8343 GBP

10p ordinary

SWAP

Decreasing Long

18,780

1.8368 GBP

10p ordinary

SWAP

Decreasing Short

927

1.8440 GBP

10p ordinary

CFD

Decreasing Short

1,016

1.8380 GBP

10p ordinary

SWAP

Decreasing Short

1,612

1.8418 GBP

10p ordinary

CFD

Decreasing Short

3,381

1.8437 GBP

10p ordinary

SWAP

Decreasing Short

4,905

1.8312 GBP

10p ordinary

CFD

Decreasing Short

6,151

1.8400 GBP

10p ordinary

CFD

Decreasing Short

11,477

1.8252 GBP

10p ordinary

SWAP

Decreasing Short

29,685

1.8400 GBP

10p ordinary

SWAP

Decreasing Short

45,873

1.8385 GBP

10p ordinary

CFD

Decreasing Short

49,467

1.8398 GBP

10p ordinary

SWAP

Increasing Long

234

1.8369 GBP

10p ordinary

SWAP

Increasing Long

279

1.8409 GBP

10p ordinary

SWAP

Increasing Long

1,025

1.8329 GBP

10p ordinary

SWAP

Increasing Long

1,133

1.8358 GBP

10p ordinary

SWAP

Increasing Long

3,209

1.8308 GBP

10p ordinary

SWAP

Increasing Long

3,495

1.8378 GBP

10p ordinary

SWAP

Increasing Long

5,281

1.8344 GBP

10p ordinary

SWAP

Increasing Long

8,629

1.8405 GBP

10p ordinary

SWAP

Increasing Long

16,196

1.8340 GBP

10p ordinary

SWAP

Increasing Long

34,034

1.8374 GBP

10p ordinary

SWAP

Increasing Long

158,303

1.8399 GBP

10p ordinary

SWAP

Increasing Long

173,580

1.8335 GBP

10p ordinary

SWAP

Increasing Long

181,456

1.8360 GBP

10p ordinary

SWAP

Increasing Long

330,205

1.8400 GBP

10p ordinary

SWAP

Increasing Long

603,749

1.8347 GBP

10p ordinary

SWAP

Increasing Short

4,863

1.8498 GBP

10p ordinary

CFD

Increasing Short

36,710

1.8592 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:

18 Jan 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213