Form 8.5(EPT/NON-RI)-LondonMetric Prop plc Amend

FORM 8.5 (EPT/NON-RI) - Amendment

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:

30 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:

2,970,603

0.27%

9,591,198

0.88%

(2) Cash-settled derivatives:

9,169,361

0.84%

2,465,858

0.23%

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

0

0.00%

0

0.00%

TOTAL:

12,139,964

1.11%

12,057,056

1.10%

(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

583062

1.9382 GBP

1.9225 GBP

10p ordinary

Purchase

203488

1.9388 GBP

1.9228 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

134

1.9320 GBP

10p ordinary

SWAP

Decreasing Long

481

1.9330 GBP

10p ordinary

SWAP

Decreasing Long

916

1.9331 GBP

10p ordinary

SWAP

Decreasing Long

1,967

1.9280 GBP

10p ordinary

SWAP

Decreasing Long

2,000

1.9357 GBP

10p ordinary

SWAP

Decreasing Long

7,456

1.9240 GBP

10p ordinary

SWAP

Decreasing Long

7,565

1.9230 GBP

10p ordinary

SWAP

Decreasing Long

8,164

1.9228 GBP

10p ordinary

SWAP

Decreasing Long

12,305

1.9230 GBP

10p ordinary

SWAP

Decreasing Long

48,278

1.9336 GBP

10p ordinary

CFD

Decreasing Short

39

1.9325 GBP

10p ordinary

CFD

Decreasing Short

250

1.9225 GBP

10p ordinary

SWAP

Decreasing Short

515

1.9285 GBP

10p ordinary

SWAP

Decreasing Short

3,100

1.9358 GBP

10p ordinary

CFD

Decreasing Short

3,118

1.9327 GBP

10p ordinary

SWAP

Decreasing Short

3,300

1.9268 GBP

10p ordinary

SWAP

Decreasing Short

6,550

1.9314 GBP

10p ordinary

SWAP

Decreasing Short

11,843

1.9293 GBP

10p ordinary

SWAP

Decreasing Short

15,157

1.9321 GBP

10p ordinary

CFD

Decreasing Short

165,943

1.9305 GBP

10p ordinary

SWAP

Increasing Long

1

1.9304 GBP

10p ordinary

SWAP

Increasing Long

127

1.9314 GBP

10p ordinary

SWAP

Increasing Long

181

1.9303 GBP

10p ordinary

SWAP

Increasing Long

665

1.9345 GBP

10p ordinary

SWAP

Increasing Long

754

1.9419 GBP

10p ordinary

SWAP

Increasing Long

1,266

1.9269 GBP

10p ordinary

SWAP

Increasing Long

1,818

1.9300 GBP

10p ordinary

SWAP

Increasing Long

9,033

1.9330 GBP

10p ordinary

SWAP

Increasing Long

61,364

1.9313 GBP

10p ordinary

SWAP

Increasing Long

89,695

1.9305 GBP

10p ordinary

SWAP

Increasing Short

100

1.9290 GBP

10p ordinary

SWAP

Increasing Short

700

1.9344 GBP

10p ordinary

CFD

Increasing Short

15,078

1.9231 GBP

10p ordinary

CFD

Increasing Short

51,209

1.9388 GBP

10p ordinary

SWAP

Opening Long

804

1.9228 GBP

10p ordinary

SWAP

Opening Long

123,750

1.9286 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:

02 Feb 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213