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FORM 8.5
(EPT/NON-RI)
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PUBLIC OPENING POSITION
DISCLOSURE/DEALING DISCLOSURE BY AN
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EXEMPT PRINCIPAL TRADER
WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS
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(OR WHERE RI STATUS IS NOT
APPLICABLE)
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Rule 8.5 of the Takeover Code
(the "Code")
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1.
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KEY
INFORMATION
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(a)
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Name of exempt principal trader:
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BARCLAYS CAPITAL SECURITIES LTD
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(b)
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Name of offeror/offeree in relation to whose
relevant securities this form relates:
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LONDONMETRIC PROPERTY PLC
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(c)
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Name of the party to the offer with which exempt
principal trader is connected
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LONDONMETRIC PROPERTY PLC
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(d)
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Date position held/dealing undertaken:
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28 Feb 2024
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(e)
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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?
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YES:
LXI REIT PLC
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2.
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POSITIONS OF THE EXEMPT PRINCIPAL TRADER
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(a)
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Interests and short positions in the relevant securities of
the offeror or offeree
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to
which the disclosure relates following the dealing (if
any)
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Class of relevant security:
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10p
ordinary
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Interests
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Short
Positions
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Number
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(%)
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Number
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(%)
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(1)
Relevant securities owned and/or controlled:
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3,906,019
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0.36%
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11,799,357
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1.08%
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(2)
Cash-settled derivatives:
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11,438,378
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1.05%
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3,548,502
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0.32%
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(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
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0
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0.00%
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0
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0.00%
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TOTAL:
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15,344,397
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1.40%
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15,347,859
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1.40%
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(b)
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Rights to subscribe for new securities (including directors
and other executive options)
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Class of relevant security in relation to
which subscription right exists
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Details, including nature of the rights
concerned and relevant percentages:
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3.
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DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL
TRADER
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(a)
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Purchase and sales
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Class of relevant
security
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Purchase/sale
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Total number of
securities
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Highest price per unit
paid/received
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Lowest price per unit
paid/received
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10p
ordinary
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Sale
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1379790
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1.8398
GBP
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1.7940
GBP
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10p
ordinary
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Purchase
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1302603
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1.8310
GBP
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1.7940
GBP
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(b)
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Cash-settled derivative transactions
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Class of
relevant
security
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Product
description
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Nature of
dealing
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Number of
reference
securities
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Price per
unit
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10p
ordinary
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SWAP
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Decreasing
Long
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1,709
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1.8105
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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1,782
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1.8205
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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1,832
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1.8198
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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2,080
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1.8237
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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2,454
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1.8158
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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2,670
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1.8272
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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4,948
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1.8174
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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5,870
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1.7975
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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24,695
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1.8121
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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30,860
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1.8170
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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40,485
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1.8136
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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62,511
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1.8092
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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79,093
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1.8180
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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128,102
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1.8081
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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163,186
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1.8150
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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243,448
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1.8123
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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1,131
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1.8159
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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1,707
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1.8057
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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8,100
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1.8170
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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9,770
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1.8220
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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12,337
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1.8132
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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15,192
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1.8098
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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15,304
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1.8219
GBP
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10p
ordinary
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CFD
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Decreasing
Short
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25,558
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1.8178
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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65,219
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1.8114
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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200,000
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1.8116
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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266,000
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1.8273
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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1,092
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1.8170
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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1,469
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1.8270
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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1,488
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1.8207
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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1,782
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1.8205
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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2,056
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1.8008
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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2,682
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1.8201
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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3,594
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1.8048
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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4,590
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1.8022
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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11,632
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1.7964
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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200,559
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1.8127
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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209,398
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1.8126
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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100
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1.8270
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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150
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1.8273
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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435
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1.8244
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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467
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1.8500
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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489
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1.8180
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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919
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1.8180
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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5,879
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1.8090
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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8,300
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1.8003
GBP
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(c)
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Stock-settled derivative transactions (including
options)
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(i)
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Writing, selling, purchasing or varying
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Class
of
relevant
security
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Product
description
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Writing,
purchasing,
selling,
varying etc
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Number
of
securities
to which
option
relates
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Exercise
price
per unit
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Type
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Expiry
date
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Option
money
paid/
received
per unit
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(ii)
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Exercising
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Class of relevant
security
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Product
description
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Exercising/ exercised
against
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Number of
securities
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Exercise price per
unit
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(d)
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Other dealings (including subscribing for new
securities)
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Class of relevant
security
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Nature of
Dealings
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Details
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Price per unit (if
applicable)
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4.
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OTHER INFORMATION
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(a)
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Indemnity and other dealings arrangements
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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:
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NONE
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(b)
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Agreements, arrangements or understandings relating to options
or derivatives
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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:
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NONE
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(c)
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Attachments
|
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Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
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Date of disclosure:
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29 Feb 2024
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Contact name:
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Large Holdings Regulatory
Operations
|
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Telephone number:
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020 3134
7213
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