Form 8.5 (EPT/NON-RI) - LXI REIT 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:

LXI REIT 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:

18 Dec 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: SECURE INCOME 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:

1p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

9,024,999

0.53%

5,228,536

0.30%

(2) Cash-settled derivatives:

5,083,346

0.30%

8,435,353

0.49%

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

0

0.00%

0

0.00%

TOTAL: 

14,108,345

0.82%

13,663,889

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

1p ordinary

Purchase

1374762

1.0640 GBP

0.9887 GBP

1p ordinary

Sale

1473044

1.0500 GBP

0.9875 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

1p ordinary

SWAP

Opening Long

856

1.0400 GBP

1p ordinary

SWAP

Opening Long

1,254

0.9867 GBP

1p ordinary

SWAP

Opening Long

1,594

1.0277 GBP

1p ordinary

SWAP

Opening Long

2,442

1.0384 GBP

1p ordinary

SWAP

Opening Long

3,048

1.0193 GBP

1p ordinary

SWAP

Opening Long

4,626

1.0360 GBP

1p ordinary

SWAP

Opening Long

8,020

0.9868 GBP

1p ordinary

SWAP

Opening Long

14,232

1.0355 GBP

1p ordinary

SWAP

Opening Long

24,077

1.0090 GBP

1p ordinary

SWAP

Opening Long

25,045

1.0349 GBP

1p ordinary

SWAP

Opening Long

130,887

1.0389 GBP

1p ordinary

SWAP

Opening Short

2

0.9510 GBP

1p ordinary

CFD

Opening Short

107

0.9869 GBP

1p ordinary

SWAP

Opening Short

1,207

1.0413 GBP

1p ordinary

SWAP

Opening Short

1,591

1.0700 GBP

1p ordinary

CFD

Opening Short

2,560

0.9889 GBP

1p ordinary

SWAP

Opening Short

2,695

1.0387 GBP

1p ordinary

SWAP

Opening Short

3,253

1.0039 GBP

1p ordinary

SWAP

Opening Short

10,784

1.0204 GBP

1p ordinary

CFD

Opening Short

12,132

1.0388 GBP

1p ordinary

SWAP

Opening Short

13,029

1.0075 GBP

1p ordinary

SWAP

Opening Short

24,396

1.0377 GBP

1p ordinary

SWAP

Opening Short

25,000

1.0498 GBP

1p ordinary

SWAP

Opening Short

27,500

1.0146 GBP

1p ordinary

SWAP

Opening Short

34,957

1.0081 GBP

1p ordinary

CFD

Opening Short

40,000

1.0405 GBP

1p ordinary

CFD

Opening Short

42,406

0.9973 GBP

1p ordinary

SWAP

Opening Short

45,169

1.0073 GBP

1p ordinary

CFD

Opening Short

47,056

1.0362 GBP

1p ordinary

CFD

Opening Short

48,342

1.0035 GBP

1p ordinary

SWAP

Opening Short

165,260

1.0360 GBP

1p ordinary

SWAP

Opening Short

224,044

1.0307 GBP

1p ordinary

CFD

Opening Short

257,091

1.0360 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:

19 Dec 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213