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

LXi REITAnnouncement

29/02/2024 13:30

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RNS Number : 0144F  Barclays PLC  29 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:                                               28 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:                                                        6,025,000     0.35%         8,035,358     0.47%
 (2) Cash-settled derivatives:                                                                           7,626,462     0.44%         5,479,486     0.32%
 (3) Stock-settled derivatives (including options) and agreements to                                     0             0.00%         0             0.00%
 purchase/sell:
                                                                                                         13,651,462    0.80%         13,514,844    0.79%

 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                   1012295                        0.9911  GBP                0.9760  GBP
 1p ordinary        Sale                       1582912                        1.0029  GBP                0.9760  GBP

 (b)                Cash-settled derivative transactions
 Class of           Product  description       Nature of dealing              Number of                  Price per

 relevant
 reference
 unit

 security
 securities
 1p ordinary        SWAP                       Decreasing Short               1,737                      0.9894  GBP
 1p ordinary        SWAP                       Decreasing Short               5,950                      0.9799  GBP
 1p ordinary        SWAP                       Decreasing Short               9,425                      0.9900  GBP
 1p ordinary        SWAP                       Decreasing Short               42,018                     0.9877  GBP
 1p ordinary        SWAP                       Decreasing Short               59,726                     0.9885  GBP
 1p ordinary        SWAP                       Increasing Long                623                        0.9816  GBP
 1p ordinary        SWAP                       Increasing Long                1,989                      0.9861  GBP
 1p ordinary        SWAP                       Increasing Long                7,185                      0.9776  GBP
 1p ordinary        SWAP                       Increasing Long                9,742                      0.9757  GBP
 1p ordinary        SWAP                       Increasing Long                12,504                     0.9814  GBP
 1p ordinary        SWAP                       Increasing Long                31,506                     0.9795  GBP
 1p ordinary        SWAP                       Increasing Long                41,926                     0.9824  GBP
 1p ordinary        SWAP                       Increasing Long                55,047                     0.9833  GBP
 1p ordinary        SWAP                       Increasing Long                58,712                     0.9818  GBP
 1p ordinary        SWAP                       Increasing Long                79,943                     0.9853  GBP
 1p ordinary        SWAP                       Increasing Long                83,389                     0.9884  GBP
 1p ordinary        SWAP                       Increasing Long                252,185                    0.9829  GBP
 1p ordinary        SWAP                       Increasing Short               700                        0.9914  GBP
 1p ordinary        SWAP                       Increasing Short               3,102                      0.9885  GBP
 1p ordinary        SWAP                       Increasing Short               4,058                      0.9832  GBP
 1p ordinary        CFD                        Increasing Short               6,786                      0.9884  GBP
 1p ordinary        SWAP                       Increasing Short               6,867                      0.9845  GBP
 1p ordinary        SWAP                       Increasing Short               7,188                      0.9852  GBP
 1p ordinary        CFD                        Increasing Short               25,148                     0.9885  GBP
 1p ordinary        SWAP                       Increasing Short               172,343                    0.9825  GBP
 1p ordinary        SWAP                       Increasing Short               235,759                    0.9824  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:                                                                                     29 Feb 2024
 Contact name:                                                                                           Large Holdings Regulatory Operations
 Telephone number:                                                                                       020 3134 7213

 

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