RNS Number : 4658F
Barclays PLC
04 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:

01 Mar 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:

4,304,918

0.39%

11,982,619

1.10%

(2) Cash-settled derivatives:

11,336,706

1.04%

3,591,341

0.33%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

15,641,624

1.43%

15,573,960

1.42%

 








(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

1526931

1.8390  GBP

1.8014  GBP

10p ordinary

Purchase

1094456

1.8390  GBP

1.8015  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

218

1.8180  GBP

10p ordinary

SWAP

Decreasing Long

365

1.8280  GBP

10p ordinary

SWAP

Decreasing Long

400

1.8260  GBP

10p ordinary

SWAP

Decreasing Long

1,723

1.8056  GBP

10p ordinary

SWAP

Decreasing Long

1,869

1.8322  GBP

10p ordinary

SWAP

Decreasing Long

1,939

1.8274  GBP

10p ordinary

SWAP

Decreasing Long

2,343

1.8300  GBP

10p ordinary

SWAP

Decreasing Long

2,506

1.8175  GBP

10p ordinary

SWAP

Decreasing Long

4,787

1.8238  GBP

10p ordinary

SWAP

Decreasing Long

8,317

1.8124  GBP

10p ordinary

SWAP

Decreasing Long

20,210

1.8219  GBP

10p ordinary

SWAP

Decreasing Long

20,285

1.8185  GBP

10p ordinary

SWAP

Decreasing Long

42,838

1.8226  GBP

10p ordinary

SWAP

Decreasing Long

49,554

1.8233  GBP

10p ordinary

SWAP

Decreasing Long

78,970

1.8225  GBP

10p ordinary

SWAP

Decreasing Long

81,616

1.8279  GBP

10p ordinary

SWAP

Decreasing Long

177,941

1.8227  GBP

10p ordinary

SWAP

Decreasing Short

11

1.8259  GBP

10p ordinary

SWAP

Decreasing Short

15

1.8119  GBP

10p ordinary

SWAP

Decreasing Short

20

1.8274  GBP

10p ordinary

SWAP

Decreasing Short

107

1.8129  GBP

10p ordinary

SWAP

Decreasing Short

475

1.8260  GBP

10p ordinary

SWAP

Decreasing Short

525

1.8218  GBP

10p ordinary

SWAP

Decreasing Short

2,649

1.8310  GBP

10p ordinary

SWAP

Decreasing Short

2,837

1.8294  GBP

10p ordinary

SWAP

Decreasing Short

3,658

1.8286  GBP

10p ordinary

CFD

Decreasing Short

4,331

1.8254  GBP

10p ordinary

SWAP

Decreasing Short

5,279

1.8300  GBP

10p ordinary

CFD

Decreasing Short

36,860

1.8209  GBP

10p ordinary

CFD

Decreasing Short

55,934

1.8257  GBP

10p ordinary

CFD

Decreasing Short

104,721

1.8244  GBP

10p ordinary

SWAP

Decreasing Short

125,000

1.8288  GBP

10p ordinary

SWAP

Decreasing Short

125,000

1.8217  GBP

10p ordinary

SWAP

Increasing Long

311

1.8370  GBP

10p ordinary

SWAP

Increasing Long

859

1.8270  GBP

10p ordinary

SWAP

Increasing Long

978

1.8300  GBP

10p ordinary

SWAP

Increasing Long

1,113

1.8359  GBP

10p ordinary

SWAP

Increasing Long

1,516

1.8015  GBP

10p ordinary

SWAP

Increasing Long

3,120

1.8223  GBP

10p ordinary

SWAP

Increasing Long

3,583

1.8096  GBP

10p ordinary

SWAP

Increasing Long

4,430

1.8259  GBP

10p ordinary

SWAP

Increasing Long

18,765

1.8014  GBP

10p ordinary

SWAP

Increasing Long

19,899

1.8280  GBP

10p ordinary

SWAP

Increasing Long

22,619

1.8177  GBP

10p ordinary

SWAP

Increasing Long

181,988

1.8237  GBP

10p ordinary

SWAP

Increasing Long

187,062

1.8238  GBP

10p ordinary

SWAP

Increasing Short

285

1.8267  GBP

10p ordinary

SWAP

Increasing Short

463

1.8284  GBP

10p ordinary

SWAP

Increasing Short

599

1.8214  GBP

10p ordinary

SWAP

Increasing Short

800

1.8095  GBP

10p ordinary

SWAP

Increasing Short

1,214

1.8275  GBP

10p ordinary

SWAP

Increasing Short

2,448

1.8203  GBP

10p ordinary

SWAP

Increasing Short

2,926

1.8201  GBP

10p ordinary

SWAP

Increasing Short

5,106

1.8231  GBP

10p ordinary

SWAP

Increasing Short

5,705

1.8164  GBP

10p ordinary

SWAP

Increasing Short

5,780

1.8200  GBP

10p ordinary

SWAP

Increasing Short

6,843

1.8228  GBP

10p ordinary

SWAP

Increasing Short

7,365

1.8281  GBP

10p ordinary

SWAP

Increasing Short

9,826

1.8233  GBP

10p ordinary

SWAP

Increasing Short

13,598

1.8207  GBP

10p ordinary

SWAP

Increasing Short

13,646

1.8279  GBP

10p ordinary

SWAP

Increasing Short

18,734

1.8285  GBP

10p ordinary

SWAP

Increasing Short

19,705

1.8280  GBP

10p ordinary

CFD

Increasing Short

22,884

1.8279  GBP

10p ordinary

CFD

Increasing Short

23,089

1.8117  GBP

10p ordinary

SWAP

Increasing Short

28,648

1.8214  GBP

10p ordinary

CFD

Increasing Short

29,951

1.8280  GBP

10p ordinary

SWAP

Increasing Short

73,235

1.8274  GBP

10p ordinary

SWAP

Increasing Short

86,653

1.8249  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:

04 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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