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:

07 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:

3,236,178

0.30%

10,275,132

0.94%

(2) Cash-settled derivatives:

9,886,482

0.90%

2,911,521

0.27%

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

0

0.00%

0

0.00%

TOTAL:

13,122,660

1.20%

13,186,653

1.21%

(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

517019

1.9200 GBP

1.8819 GBP

10p ordinary

Purchase

615356

1.9199 GBP

1.8819 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

403

1.8997 GBP

10p ordinary

SWAP

Closing Long

3,895

1.8820 GBP

10p ordinary

SWAP

Decreasing Long

12

1.9130 GBP

10p ordinary

SWAP

Decreasing Long

133

1.9136 GBP

10p ordinary

SWAP

Decreasing Long

158

1.9007 GBP

10p ordinary

SWAP

Decreasing Long

621

1.8790 GBP

10p ordinary

SWAP

Decreasing Long

1,013

1.9140 GBP

10p ordinary

SWAP

Decreasing Long

1,032

1.9010 GBP

10p ordinary

SWAP

Decreasing Long

1,228

1.8840 GBP

10p ordinary

SWAP

Decreasing Long

3,388

1.8952 GBP

10p ordinary

SWAP

Decreasing Long

3,450

1.8956 GBP

10p ordinary

SWAP

Decreasing Long

5,266

1.9009 GBP

10p ordinary

SWAP

Decreasing Long

6,411

1.9030 GBP

10p ordinary

SWAP

Decreasing Long

7,772

1.9020 GBP

10p ordinary

SWAP

Decreasing Long

11,664

1.8969 GBP

10p ordinary

SWAP

Decreasing Long

43,899

1.8820 GBP

10p ordinary

SWAP

Decreasing Long

97,330

1.8820 GBP

10p ordinary

SWAP

Decreasing Short

1,513

1.9116 GBP

10p ordinary

SWAP

Decreasing Short

2,115

1.9019 GBP

10p ordinary

CFD

Decreasing Short

3,332

1.9066 GBP

10p ordinary

SWAP

Decreasing Short

4,962

1.9092 GBP

10p ordinary

SWAP

Decreasing Short

5,595

1.8958 GBP

10p ordinary

SWAP

Decreasing Short

11,100

1.8999 GBP

10p ordinary

SWAP

Increasing Long

25

1.8999 GBP

10p ordinary

SWAP

Increasing Long

578

1.9055 GBP

10p ordinary

SWAP

Increasing Long

621

1.9040 GBP

10p ordinary

SWAP

Increasing Long

908

1.9000 GBP

10p ordinary

SWAP

Increasing Long

1,570

1.9109 GBP

10p ordinary

SWAP

Increasing Long

1,601

1.8895 GBP

10p ordinary

SWAP

Increasing Long

1,649

1.9057 GBP

10p ordinary

SWAP

Increasing Long

3,251

1.9049 GBP

10p ordinary

SWAP

Increasing Long

5,339

1.9046 GBP

10p ordinary

SWAP

Increasing Long

7,269

1.9086 GBP

10p ordinary

SWAP

Increasing Long

9,031

1.9066 GBP

10p ordinary

SWAP

Increasing Long

11,810

1.8995 GBP

10p ordinary

SWAP

Increasing Long

13,466

1.8820 GBP

10p ordinary

SWAP

Increasing Long

14,575

1.9003 GBP

10p ordinary

SWAP

Increasing Long

16,649

1.8819 GBP

10p ordinary

SWAP

Increasing Long

22,386

1.8996 GBP

10p ordinary

SWAP

Increasing Long

36,354

1.9011 GBP

10p ordinary

SWAP

Increasing Long

52,525

1.9006 GBP

10p ordinary

SWAP

Increasing Short

200

1.8905 GBP

10p ordinary

CFD

Increasing Short

1,876

1.9041 GBP

10p ordinary

CFD

Increasing Short

4,694

1.8903 GBP

10p ordinary

CFD

Increasing Short

6,869

1.9043 GBP

10p ordinary

CFD

Increasing Short

123,333

1.8821 GBP

10p ordinary

SWAP

Opening Short

25,480

1.8820 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:

08 Feb 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213