1. Market & Company News

  2. Form 8.5 (EPT/NON-RI)LondonMetric Property plc

Source - LSE Regulatory
RNS Number : 8214F
Barclays PLC
06 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:

05 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:

9,273,279

0.85%

17,278,634

1.58%

(2) Cash-settled derivatives:

17,017,737

1.56%

2,990,516

0.27%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

26,291,016

2.40%

20,269,150

1.85%

 








(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

4823594

1.9033  GBP

1.8046  GBP

10p ordinary

Purchase

8700630

1.8580  GBP

1.8038  GBP

 








(b)

Cash-settled derivative transactions

Class of

 relevant

 security

Product  description

Nature of dealing

Number of

 reference

 securities

Price per

 unit

10p ordinary

CFD

Closing Long

31

1.8400  GBP

10p ordinary

SWAP

Closing Long

773

1.8405  GBP

10p ordinary

SWAP

Closing Long

1,520

1.8580  GBP

10p ordinary

CFD

Closing Long

3,595

1.8511  GBP

10p ordinary

CFD

Closing Long

4,396

1.8536  GBP

10p ordinary

CFD

Closing Long

10,138

1.8523  GBP

10p ordinary

CFD

Closing Long

11,227

1.8501  GBP

10p ordinary

SWAP

Decreasing Long

213

1.8510  GBP

10p ordinary

SWAP

Decreasing Long

936

1.8314  GBP

10p ordinary

SWAP

Decreasing Long

1,176

1.8498  GBP

10p ordinary

SWAP

Decreasing Long

2,327

1.8545  GBP

10p ordinary

SWAP

Decreasing Long

3,149

1.8551  GBP

10p ordinary

SWAP

Decreasing Long

4,790

1.8455  GBP

10p ordinary

SWAP

Decreasing Long

16,266

0.0000  GBP

10p ordinary

SWAP

Decreasing Long

45,873

1.8580  GBP

10p ordinary

SWAP

Decreasing Short

200

1.8489  GBP

10p ordinary

SWAP

Decreasing Short

509

1.8428  GBP

10p ordinary

SWAP

Decreasing Short

1,946

1.8452  GBP

10p ordinary

SWAP

Decreasing Short

3,791

1.8477  GBP

10p ordinary

SWAP

Decreasing Short

9,749

1.8579  GBP

10p ordinary

SWAP

Decreasing Short

721,982

0.0000  GBP

10p ordinary

SWAP

Increasing Long

471

1.8493  GBP

10p ordinary

SWAP

Increasing Long

727

1.8440  GBP

10p ordinary

SWAP

Increasing Long

1,619

1.8490  GBP

10p ordinary

SWAP

Increasing Long

1,651

1.8498  GBP

10p ordinary

SWAP

Increasing Long

2,242

1.8403  GBP

10p ordinary

SWAP

Increasing Long

4,313

1.8474  GBP

10p ordinary

SWAP

Increasing Long

6,119

1.8522  GBP

10p ordinary

SWAP

Increasing Long

6,785

1.8529  GBP

10p ordinary

SWAP

Increasing Long

22,191

1.8497  GBP

10p ordinary

SWAP

Increasing Long

49,035

1.8517  GBP

10p ordinary

SWAP

Increasing Long

69,803

1.8515  GBP

10p ordinary

SWAP

Increasing Long

195,080

1.8580  GBP

10p ordinary

SWAP

Increasing Long

239,670

1.8579  GBP

10p ordinary

SWAP

Increasing Long

3,331,203

0.0000  GBP

10p ordinary

SWAP

Increasing Short

496

1.8546  GBP

10p ordinary

SWAP

Increasing Short

3,036

1.8502  GBP

10p ordinary

SWAP

Increasing Short

177,952

1.8572  GBP

10p ordinary

SWAP

Increasing Short

215,844

0.0000  GBP

10p ordinary

SWAP

Opening Long

105

1.8334  GBP

10p ordinary

SWAP

Opening Long

228

1.8453  GBP

10p ordinary

SWAP

Opening Long

306

1.8523  GBP

10p ordinary

SWAP

Opening Long

497

1.8443  GBP

10p ordinary

SWAP

Opening Long

688

1.8473  GBP

10p ordinary

SWAP

Opening Long

1,517

1.8575  GBP

10p ordinary

SWAP

Opening Long

2,440

1.8580  GBP

10p ordinary

SWAP

Opening Long

869,032

0.0000  GBP

10p ordinary

CFD

Opening Short

1

1.8500  GBP

10p ordinary

SWAP

Opening Short

295

1.8334  GBP

10p ordinary

SWAP

Opening Short

647

1.8453  GBP

10p ordinary

SWAP

Opening Short

867

1.8523  GBP

10p ordinary

SWAP

Opening Short

1,408

1.8443  GBP

10p ordinary

SWAP

Opening Short

1,956

1.8473  GBP

10p ordinary

CFD

Opening Short

3,963

1.8435  GBP

10p ordinary

SWAP

Opening Short

4,312

1.8575  GBP

10p ordinary

CFD

Opening Short

6,206

1.8300  GBP

10p ordinary

SWAP

Opening Short

78,288

1.8580  GBP

10p ordinary

CFD

Opening Short

504,083

0.0000  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:

06 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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END
 
 
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