REG - Barclays PLC LXI REIT PLC - Form 8.5 (EPT/NON-RI) - LXi REIT plc

LXi REITAnnouncement

27/02/2024 11:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240227:nRSa6336Ea&default-theme=true

RNS Number : 6336E  Barclays PLC  27 February 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                                                  LXI REIT PLC

 relevant securities this form relates:
 (c)                             Name of the party to the offer with which exempt                                              LONDONMETRIC PROPERTY PLC

 principal trader is connected
 (d)                             Date position held/dealing undertaken:                                                        26 Feb 2024
 (e)                             In addition to the company in 1(b) above, is the exempt principal                             YES:

 trader making disclosures in respect of any other party to the offer?
 LONDONMETRIC PROPERTY 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:                                                                                                   1p ordinary
                                                                                                                               Interests                   Short Positions
                                 Number                     (%)                            Number                              (%)
 (1) Relevant securities owned and/or controlled:                                                                              5,442,191     0.32%         7,320,848     0.43%
 (2) Cash-settled derivatives:                                                                                                 6,911,836     0.40%         4,896,561     0.29%
 (3) Stock-settled derivatives (including options) and agreements to                                                           0             0.00%         0             0.00%
 purchase/sell:
                                                                                                                               12,354,027    0.72%         12,217,409    0.71%

 TOTAL:

 

 (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               Purchase/sale              Total number of                Highest price per unit              Lowest price per unit

 security
 securities
 paid/received
 paid/received
 1p ordinary                     Purchase                   608723                         1.0240  GBP                         1.0129  GBP
 1p ordinary                     Sale                       668229                         1.0223  GBP                         1.0129  GBP

 (b)                             Cash-settled derivative transactions
 Class of  relevant  security    Product  description       Nature of dealing              Number of  reference  securities    Price per  unit
 1p ordinary                     SWAP                       Closing Short                  588                                 1.0240  GBP
 1p ordinary                     SWAP                       Closing Short                  5,961                               1.0210  GBP
 1p ordinary                     SWAP                       Closing Short                  36,107                              1.0145  GBP
 1p ordinary                     SWAP                       Decreasing Long                331                                 1.0180  GBP
 1p ordinary                     SWAP                       Decreasing Short               388                                 1.0179  GBP
 1p ordinary                     SWAP                       Decreasing Short               11,415                              1.0130  GBP
 1p ordinary                     SWAP                       Decreasing Short               35,061                              1.0186  GBP
 1p ordinary                     SWAP                       Decreasing Short               35,228                              1.0200  GBP
 1p ordinary                     SWAP                       Increasing Long                100                                 1.0189  GBP
 1p ordinary                     SWAP                       Increasing Long                6,456                               1.0206  GBP
 1p ordinary                     SWAP                       Increasing Long                8,114                               1.0163  GBP
 1p ordinary                     SWAP                       Increasing Long                10,248                              1.0176  GBP
 1p ordinary                     SWAP                       Increasing Long                16,988                              1.0186  GBP
 1p ordinary                     SWAP                       Increasing Long                17,900                              1.0207  GBP
 1p ordinary                     SWAP                       Increasing Long                20,924                              1.0173  GBP
 1p ordinary                     SWAP                       Increasing Long                28,876                              1.0174  GBP
 1p ordinary                     SWAP                       Increasing Long                40,783                              1.0166  GBP
 1p ordinary                     SWAP                       Increasing Long                86,652                              1.0129  GBP
 1p ordinary                     CFD                        Increasing Short               74,858                              1.0130  GBP
 1p ordinary                     SWAP                       Increasing Short               234,491                             1.0154  GBP
 1p ordinary                     SWAP                       Opening Long                   1,034                               1.0190  GBP
 1p ordinary                     SWAP                       Opening Long                   2,776                               1.0160  GBP
 1p ordinary                     SWAP                       Opening Long                   52,588                              1.0130  GBP
 1p ordinary                     SWAP                       Opening Long                   58,875                              1.0194  GBP
 1p ordinary                     SWAP                       Opening Short                  452                                 1.0181  GBP

 (c)                             Stock-settled derivative transactions  (including options)
 (i)                             Writing, selling, purchasing or varying
 Class                           Product                    Writing,                       Number                              Exercise      Type          Expiry        Option

 of
 description
 purchasing,
 of
 price
 date
 money

 relevant
 selling,
 securities
 per unit
 paid/

 security
 varying etc
 to which
 received

 option
 per unit

 relates

 (ii)                            Exercising
 Class of relevant               Product description        Exercising/ exercised against  Number of                           Exercise price per

 security
 securities
 unit

 (d)                             Other dealings (including subscribing for new securities)
 Class of relevant               Nature of Dealings         Details                        Price per unit (if

 security
 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:                                                                                                           27 Feb 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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  FEOPPUPWPUPCGGM