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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09 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
|
|
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
|
(%)
|
Number
|
(%)
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(1)
Relevant securities owned and/or controlled:
|
3,151,712
|
0.29%
|
10,298,585
|
0.94%
|
(2)
Cash-settled derivatives:
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9,911,358
|
0.91%
|
2,799,279
|
0.26%
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
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0.00%
|
0
|
0.00%
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TOTAL:
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13,063,070
|
1.19%
|
13,097,864
|
1.20%
|
|
|
|
|
|
|
|
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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
|
|
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
|
|
|
|
|
|
|
Class of relevant
security
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Purchase/sale
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Total number of
securities
|
Highest price per unit
paid/received
|
Lowest price per unit
paid/received
|
10p
ordinary
|
Sale
|
457417
|
1.8893
GBP
|
1.8577
GBP
|
10p
ordinary
|
Purchase
|
648558
|
1.8906
GBP
|
1.8605
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
|
Decreasing
Long
|
1
|
1.8590
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Long
|
463
|
1.8682
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Long
|
590
|
1.8820
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Long
|
816
|
1.8830
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Long
|
869
|
1.8610
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Long
|
1,073
|
1.8628
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Long
|
1,343
|
1.8705
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Long
|
2,161
|
1.8716
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Long
|
2,194
|
1.8681
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Long
|
2,779
|
1.8701
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Long
|
5,378
|
1.8620
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Long
|
6,749
|
1.8742
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Long
|
9,774
|
1.8661
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Short
|
100
|
1.8869
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Short
|
258
|
1.8618
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Short
|
2,400
|
1.8677
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Short
|
2,523
|
1.8675
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Short
|
3,373
|
1.8659
GBP
|
10p
ordinary
|
CFD
|
Decreasing
Short
|
6,291
|
1.8662
GBP
|
10p
ordinary
|
CFD
|
Decreasing
Short
|
10,841
|
1.8614
GBP
|
10p
ordinary
|
SWAP
|
Decreasing
Short
|
208,175
|
1.8893
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Long
|
40
|
1.8599
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Long
|
1,000
|
1.8715
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Long
|
1,109
|
1.8650
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Long
|
3,366
|
1.8640
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Long
|
7,770
|
1.8619
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Long
|
9,545
|
1.8672
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Long
|
14,066
|
1.8663
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Long
|
27,581
|
1.8674
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Long
|
35,694
|
1.8620
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Short
|
283
|
1.8701
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Short
|
706
|
1.8682
GBP
|
10p
ordinary
|
CFD
|
Increasing
Short
|
1,651
|
1.8639
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Short
|
3,323
|
1.8792
GBP
|
10p
ordinary
|
CFD
|
Increasing
Short
|
14,536
|
1.8773
GBP
|
10p
ordinary
|
CFD
|
Increasing
Short
|
16,270
|
1.8704
GBP
|
10p
ordinary
|
SWAP
|
Increasing
Short
|
126,000
|
1.8665
GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
191
|
1.8692
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
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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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|
|
|
|
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(ii)
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Exercising
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|
|
|
|
|
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Class of relevant
security
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Product
description
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Exercising/ exercised
against
|
Number of
securities
|
Exercise price per
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
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(d)
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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
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(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:
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NONE
|
(c)
|
Attachments
|
Is
a Supplemental Form 8 (Open Positions) attached?
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NO
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Date of disclosure:
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12 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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