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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31 Jan 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
|
|
to
which the disclosure relates following the dealing (if
any)
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Class of relevant security:
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10p
ordinary
|
|
Interests
|
Short
Positions
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Number
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(%)
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Number
|
(%)
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(1)
Relevant securities owned and/or controlled:
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3,084,469
|
0.28%
|
10,335,102
|
0.95%
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(2)
Cash-settled derivatives:
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9,733,621
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0.89%
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2,430,959
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0.22%
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(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
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0.00%
|
0
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0.00%
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TOTAL:
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12,818,090
|
1.17%
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12,766,061
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1.17%
|
|
|
|
|
|
|
|
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(b)
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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.
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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
|
10p
ordinary
|
Sale
|
1275410
|
1.9510
GBP
|
1.9080
GBP
|
10p
ordinary
|
Purchase
|
645372
|
1.9500
GBP
|
1.9280
GBP
|
|
|
|
|
|
|
|
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(b)
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Cash-settled derivative transactions
|
Class of
relevant
security
|
Product
description
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Nature of
dealing
|
Number of
reference
securities
|
Price per
unit
|
10p
ordinary
|
SWAP
|
Closing
Long
|
804
|
1.9370
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Long
|
19
|
1.9330
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Long
|
278
|
1.9320
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Long
|
409
|
1.9470
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Long
|
614
|
1.9490
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Long
|
1,836
|
1.9473
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Long
|
2,937
|
1.9484
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Long
|
3,163
|
1.9388
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Long
|
4,086
|
1.9358
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Long
|
5,774
|
1.9355
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Long
|
12,689
|
1.9439
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Long
|
41,948
|
1.9369
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Long
|
80,415
|
1.9370
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Short
|
106
|
1.9329
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Short
|
132
|
1.9405
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Short
|
293
|
1.9339
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Short
|
528
|
1.9405
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Short
|
1,021
|
1.9249
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Short
|
2,646
|
1.9346
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Short
|
11,216
|
1.9388
GBP
|
10p
ordinary
|
CFD
|
Decreasing
Short
|
14,231
|
1.9322
GBP
|
10p
ordinary
|
CFD
|
Decreasing
Short
|
37,695
|
1.9344
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Long
|
202
|
1.9327
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Long
|
1,657
|
1.9319
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Long
|
1,836
|
1.9370
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Long
|
2,488
|
1.9447
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Long
|
2,835
|
1.9404
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Long
|
2,937
|
1.9370
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Long
|
6,557
|
1.9342
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Long
|
11,698
|
1.9389
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Long
|
18,947
|
1.9386
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Long
|
30,126
|
1.9399
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Long
|
46,318
|
1.9379
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Short
|
100
|
1.9350
GBP
|
10p
ordinary
|
CFD
|
Increasing
Short
|
446
|
1.9369
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Short
|
800
|
1.9367
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Short
|
2,553
|
1.9330
GBP
|
10p
ordinary
|
CFD
|
Increasing
Short
|
8,964
|
1.9333
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Short
|
20,106
|
1.9345
GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
2,665
|
1.9350
GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
232,138
|
1.9481
GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
371,250
|
1.9286
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
|
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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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(ii)
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Exercising
|
|
|
|
|
|
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Class of relevant
security
|
Product
description
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Exercising/ exercised
against
|
Number of
securities
|
Exercise price per
unit
|
|
|
|
|
|
|
|
|
|
|
|
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(d)
|
Other dealings (including subscribing for new
securities)
|
Class of relevant
security
|
Nature of
Dealings
|
Details
|
Price per unit (if
applicable)
|
|
|
|
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4.
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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:
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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:
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NONE
|
(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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01 Feb 2024
|
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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