Barclays Regulatory News (BARC)

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 relevant securities this form relates:

LONDONMETRIC PROPERTY PLC

(c)

Name of the party to the offer with which exempt principal trader is connected

LONDONMETRIC PROPERTY PLC

(d)

Date position held/dealing undertaken:

15 Jan 2024

(e)

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?

YES: 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:

3,732,912

0.34%

2,833,631

0.26%

(2) Cash-settled derivatives:

2,485,255

0.23%

3,411,380

0.31%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

6,218,167

0.57%

6,245,011

0.57%

(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 security

Purchase/sale

Total number of securities

Highest price per unit paid/received

Lowest price per unit paid/received

10p ordinary

Sale

1940743

1.9339 GBP

1.9052 GBP

10p ordinary

Purchase

982578

1.9340 GBP

1.9030 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

10p ordinary

SWAP

Closing Long

5,281

1.9339 GBP

10p ordinary

SWAP

Closing Long

5,903

1.9340 GBP

10p ordinary

SWAP

Decreasing Long

697

1.9170 GBP

10p ordinary

SWAP

Decreasing Long

5,882

1.9161 GBP

10p ordinary

SWAP

Decreasing Long

5,968

1.9130 GBP

10p ordinary

SWAP

Decreasing Long

6,197

1.9251 GBP

10p ordinary

SWAP

Decreasing Long

7,575

1.9252 GBP

10p ordinary

SWAP

Decreasing Long

760,398

1.9040 GBP

10p ordinary

CFD

Decreasing Short

55

1.9141 GBP

10p ordinary

SWAP

Decreasing Short

100

1.9239 GBP

10p ordinary

SWAP

Decreasing Short

838

1.9103 GBP

10p ordinary

SWAP

Decreasing Short

1,289

1.9079 GBP

10p ordinary

SWAP

Decreasing Short

1,764

1.9100 GBP

10p ordinary

SWAP

Decreasing Short

1,782

1.9074 GBP

10p ordinary

SWAP

Decreasing Short

2,357

1.9338 GBP

10p ordinary

SWAP

Decreasing Short

3,284

1.9082 GBP

10p ordinary

SWAP

Decreasing Short

4,985

1.9102 GBP

10p ordinary

SWAP

Decreasing Short

5,419

1.9083 GBP

10p ordinary

CFD

Decreasing Short

5,875

1.9250 GBP

10p ordinary

SWAP

Decreasing Short

5,884

1.9124 GBP

10p ordinary

CFD

Decreasing Short

7,222

1.9201 GBP

10p ordinary

CFD

Decreasing Short

7,854

1.9101 GBP

10p ordinary

SWAP

Decreasing Short

19,208

1.9148 GBP

10p ordinary

CFD

Decreasing Short

29,644

1.9338 GBP

10p ordinary

SWAP

Decreasing Short

50,660

1.9336 GBP

10p ordinary

SWAP

Decreasing Short

122,792

1.9273 GBP

10p ordinary

SWAP

Increasing Long

1,061

1.9121 GBP

10p ordinary

SWAP

Increasing Long

1,222

1.9280 GBP

10p ordinary

SWAP

Increasing Long

2,533

1.9100 GBP

10p ordinary

SWAP

Increasing Long

2,777

1.9132 GBP

10p ordinary

SWAP

Increasing Long

2,935

1.9108 GBP

10p ordinary

SWAP

Increasing Long

3,364

1.9118 GBP

10p ordinary

SWAP

Increasing Long

3,496

1.9266 GBP

10p ordinary

SWAP

Increasing Long

5,223

1.9074 GBP

10p ordinary

SWAP

Increasing Long

6,630

1.9155 GBP

10p ordinary

SWAP

Increasing Long

12,478

1.9073 GBP

10p ordinary

SWAP

Increasing Long

19,852

1.9340 GBP

10p ordinary

SWAP

Increasing Long

32,009

1.9127 GBP

10p ordinary

SWAP

Increasing Long

124,561

1.9152 GBP

10p ordinary

SWAP

Increasing Long

124,813

1.9339 GBP

10p ordinary

SWAP

Increasing Long

148,526

1.9340 GBP

10p ordinary

SWAP

Increasing Long

165,911

1.9160 GBP

10p ordinary

SWAP

Increasing Long

380,658

1.9146 GBP

10p ordinary

SWAP

Increasing Long

468,003

1.9156 GBP

10p ordinary

SWAP

Increasing Short

228

1.9030 GBP

10p ordinary

SWAP

Increasing Short

300

1.9210 GBP

10p ordinary

SWAP

Increasing Short

525

1.9100 GBP

10p ordinary

CFD

Increasing Short

7,132

1.9116 GBP

10p ordinary

SWAP

Increasing Short

12,200

1.9111 GBP

10p ordinary

SWAP

Increasing Short

105,000

1.9204 GBP

10p ordinary

SWAP

Opening Long

10

1.9220 GBP

10p ordinary

SWAP

Opening Long

17

1.9237 GBP

10p ordinary

SWAP

Opening Long

347

1.9229 GBP

10p ordinary

SWAP

Opening Long

458

1.9239 GBP

10p ordinary

SWAP

Opening Long

4,743

1.9287 GBP

10p ordinary

SWAP

Opening Long

5,056

1.9261 GBP

10p ordinary

SWAP

Opening Long

10,129

1.9284 GBP

10p ordinary

SWAP

Opening Long

12,377

1.9243 GBP

10p ordinary

SWAP

Opening Long

37,765

1.9339 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

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

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if 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:

16 Jan 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213