REG - Barclays PLC LondonMetric - Form 8.5 (EPT/NON-RI) - LondonMetric Property plc

Londonmetric PropertyAnnouncement

26/02/2024 10:15

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RNS Number : 4467E  Barclays PLC  26 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                                         LONDONMETRIC PROPERTY 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:                                               23 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?
 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:                                                        4,413,687     0.40%         11,907,218    1.09%
 (2) Cash-settled derivatives:                                                                           11,529,407    1.05%         4,076,723     0.37%
 (3) Stock-settled derivatives (including options) and agreements to                                     0             0.00%         0             0.00%
 purchase/sell:
                                                                                                         15,943,094    1.46%         15,983,941    1.46%

 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
 10p ordinary       Sale                       1405658                        1.8916  GBP                1.8772  GBP
 10p ordinary       Purchase                   659103                         1.8910  GBP                1.8752  GBP

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

 relevant
 reference
 unit

 security
 securities
 10p ordinary       SWAP                       Decreasing Long                210                        1.8790  GBP
 10p ordinary       SWAP                       Decreasing Long                250                        1.8813  GBP
 10p ordinary       SWAP                       Decreasing Long                399                        1.8815  GBP
 10p ordinary       SWAP                       Decreasing Long                1,127                      1.8720  GBP
 10p ordinary       SWAP                       Decreasing Long                1,715                      1.8888  GBP
 10p ordinary       SWAP                       Decreasing Long                2,010                      1.8847  GBP
 10p ordinary       SWAP                       Decreasing Long                11,063                     1.8900  GBP
 10p ordinary       SWAP                       Decreasing Long                17,619                     1.8805  GBP
 10p ordinary       CFD                        Decreasing Short               1                          1.8800  GBP
 10p ordinary       SWAP                       Decreasing Short               300                        1.8916  GBP
 10p ordinary       CFD                        Decreasing Short               1,100                      1.9028  GBP
 10p ordinary       CFD                        Decreasing Short               3,052                      1.8893  GBP
 10p ordinary       CFD                        Decreasing Short               13,429                     1.8870  GBP
 10p ordinary       CFD                        Decreasing Short               25,423                     1.8838  GBP
 10p ordinary       CFD                        Decreasing Short               28,676                     1.8840  GBP
 10p ordinary       SWAP                       Decreasing Short               200,000                    1.8797  GBP
 10p ordinary       SWAP                       Increasing Long                383                        1.8793  GBP
 10p ordinary       SWAP                       Increasing Long                728                        1.8818  GBP
 10p ordinary       SWAP                       Increasing Long                1,301                      1.8880  GBP
 10p ordinary       SWAP                       Increasing Long                2,300                      1.8810  GBP
 10p ordinary       SWAP                       Increasing Long                2,815                      1.8825  GBP
 10p ordinary       SWAP                       Increasing Long                29,100                     1.8828  GBP
 10p ordinary       SWAP                       Increasing Long                55,163                     1.8821  GBP
 10p ordinary       SWAP                       Increasing Long                97,401                     1.8840  GBP
 10p ordinary       CFD                        Increasing Short               32                         1.8790  GBP
 10p ordinary       SWAP                       Increasing Short               696                        1.8900  GBP
 10p ordinary       SWAP                       Increasing Short               5,191                      1.8845  GBP
 10p ordinary       SWAP                       Increasing Short               5,666                      1.8863  GBP
 10p ordinary       CFD                        Increasing Short               6,358                      1.8808  GBP
 10p ordinary       CFD                        Increasing Short               8,910                      1.8871  GBP
 10p ordinary       SWAP                       Increasing Short               37,358                     1.8837  GBP
 10p ordinary       SWAP                       Increasing Short               48,176                     1.8888  GBP
 10p ordinary       SWAP                       Increasing Short               64,500                     1.8876  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:                                                                                     26 Feb 2024
 Contact name:                                                                                           Large Holdings Regulatory Operations
 Telephone number:                                                                                       020 3134 7213

 

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