RNS Number : 3111F
Barclays PLC
01 March 2024
 

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:

29 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:

4,202,947

0.38%

11,447,842

1.05%

(2) Cash-settled derivatives:

10,930,000

1.00%

3,679,260

0.34%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

15,132,947

1.38%

15,127,102

1.38%

 








(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

2755098

1.8365  GBP

1.8047  GBP

10p ordinary

Purchase

3403545

1.8320  GBP

1.8029  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

271

1.8250  GBP

10p ordinary

SWAP

Decreasing Long

438

1.8260  GBP

10p ordinary

SWAP

Decreasing Long

1,671

1.8160  GBP

10p ordinary

SWAP

Decreasing Long

2,194

1.8179  GBP

10p ordinary

SWAP

Decreasing Long

3,357

1.8190  GBP

10p ordinary

SWAP

Decreasing Long

5,008

1.8186  GBP

10p ordinary

SWAP

Decreasing Long

16,907

1.8221  GBP

10p ordinary

SWAP

Decreasing Long

58,077

1.8199  GBP

10p ordinary

SWAP

Decreasing Long

59,586

1.8223  GBP

10p ordinary

SWAP

Decreasing Long

82,536

1.8042  GBP

10p ordinary

SWAP

Decreasing Long

166,324

1.8197  GBP

10p ordinary

SWAP

Decreasing Long

389,337

1.8115  GBP

10p ordinary

SWAP

Decreasing Long

494,158

1.8040  GBP

10p ordinary

SWAP

Decreasing Short

665

1.8119  GBP

10p ordinary

SWAP

Decreasing Short

704

1.8287  GBP

10p ordinary

SWAP

Decreasing Short

2,166

1.8312  GBP

10p ordinary

CFD

Decreasing Short

3,760

1.8210  GBP

10p ordinary

SWAP

Decreasing Short

3,940

1.8171  GBP

10p ordinary

SWAP

Decreasing Short

4,749

1.8049  GBP

10p ordinary

CFD

Decreasing Short

7,363

1.8160  GBP

10p ordinary

CFD

Decreasing Short

30,666

1.8098  GBP

10p ordinary

CFD

Decreasing Short

59,489

1.8167  GBP

10p ordinary

CFD

Decreasing Short

121,084

1.8170  GBP

10p ordinary

SWAP

Decreasing Short

125,000

1.8072  GBP

10p ordinary

SWAP

Decreasing Short

125,000

1.8235  GBP

10p ordinary

SWAP

Decreasing Short

125,000

1.8279  GBP

10p ordinary

SWAP

Increasing Long

318

1.8110  GBP

10p ordinary

SWAP

Increasing Long

1,671

1.8160  GBP

10p ordinary

SWAP

Increasing Long

2,276

1.8126  GBP

10p ordinary

SWAP

Increasing Long

2,826

1.8120  GBP

10p ordinary

SWAP

Increasing Long

25,352

1.8258  GBP

10p ordinary

SWAP

Increasing Long

223,346

1.8091  GBP

10p ordinary

SWAP

Increasing Long

257,708

1.8111  GBP

10p ordinary

CFD

Increasing Short

922

1.8216  GBP

10p ordinary

SWAP

Increasing Short

1,089

1.8191  GBP

10p ordinary

CFD

Increasing Short

1,210

1.8161  GBP

10p ordinary

SWAP

Increasing Short

1,281

1.8298  GBP

10p ordinary

SWAP

Increasing Short

1,417

1.8125  GBP

10p ordinary

SWAP

Increasing Short

3,111

1.8192  GBP

10p ordinary

SWAP

Increasing Short

3,200

1.8235  GBP

10p ordinary

SWAP

Increasing Short

3,531

1.8227  GBP

10p ordinary

SWAP

Increasing Short

5,985

1.8173  GBP

10p ordinary

SWAP

Increasing Short

6,081

1.8093  GBP

10p ordinary

SWAP

Increasing Short

6,141

1.8249  GBP

10p ordinary

SWAP

Increasing Short

7,167

1.8188  GBP

10p ordinary

SWAP

Increasing Short

10,400

1.8052  GBP

10p ordinary

SWAP

Increasing Short

15,642

1.8115  GBP

10p ordinary

SWAP

Increasing Short

16,784

1.8161  GBP

10p ordinary

SWAP

Increasing Short

28,087

1.8040  GBP

10p ordinary

SWAP

Increasing Short

28,929

1.8196  GBP

10p ordinary

CFD

Increasing Short

97,123

1.8041  GBP

10p ordinary

CFD

Increasing Short

491,045

1.8040  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:

01 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
FEOUAUORSKUORAR
Londonmetric Property (LSE:LMP)
Historical Stock Chart
From Jan 2025 to Feb 2025 Click Here for more Londonmetric Property Charts.
Londonmetric Property (LSE:LMP)
Historical Stock Chart
From Feb 2024 to Feb 2025 Click Here for more Londonmetric Property Charts.