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:

13 Feb 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:

3,226,456

0.30%

10,921,749

1.00%

(2) Cash-settled derivatives:

10,525,768

0.96%

2,902,716

0.27%

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

0

0.00%

0

0.00%

TOTAL:

13,752,224

1.26%

13,824,465

1.26%

(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

750316

1.8992 GBP

1.8390 GBP

10p ordinary

Purchase

424856

1.8959 GBP

1.8448 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

Decreasing Long

87

1.8460 GBP

10p ordinary

SWAP

Decreasing Long

322

1.8870 GBP

10p ordinary

SWAP

Decreasing Long

400

1.9000 GBP

10p ordinary

SWAP

Decreasing Long

912

1.8938 GBP

10p ordinary

SWAP

Decreasing Long

917

1.8825 GBP

10p ordinary

SWAP

Decreasing Long

1,554

1.8920 GBP

10p ordinary

SWAP

Decreasing Long

2,446

1.8675 GBP

10p ordinary

SWAP

Decreasing Long

3,102

1.8926 GBP

10p ordinary

SWAP

Decreasing Long

3,460

1.8762 GBP

10p ordinary

SWAP

Decreasing Long

4,688

1.8854 GBP

10p ordinary

SWAP

Decreasing Long

8,510

1.8915 GBP

10p ordinary

SWAP

Decreasing Long

9,776

1.8765 GBP

10p ordinary

SWAP

Decreasing Long

14,505

1.8881 GBP

10p ordinary

SWAP

Decreasing Long

17,727

1.8852 GBP

10p ordinary

SWAP

Decreasing Long

48,836

1.8875 GBP

10p ordinary

SWAP

Decreasing Long

81,219

1.8880 GBP

10p ordinary

CFD

Decreasing Short

2

1.8550 GBP

10p ordinary

CFD

Decreasing Short

464

1.8690 GBP

10p ordinary

SWAP

Decreasing Short

1,361

1.8645 GBP

10p ordinary

CFD

Decreasing Short

1,494

1.8540 GBP

10p ordinary

CFD

Decreasing Short

1,506

1.8827 GBP

10p ordinary

CFD

Decreasing Short

2,500

1.8992 GBP

10p ordinary

SWAP

Decreasing Short

3,789

1.8635 GBP

10p ordinary

CFD

Decreasing Short

16,261

1.8453 GBP

10p ordinary

SWAP

Increasing Long

15

1.8539 GBP

10p ordinary

SWAP

Increasing Long

516

1.8460 GBP

10p ordinary

SWAP

Increasing Long

516

1.8459 GBP

10p ordinary

SWAP

Increasing Long

677

1.8449 GBP

10p ordinary

SWAP

Increasing Long

1,628

1.8908 GBP

10p ordinary

SWAP

Increasing Long

1,674

1.8412 GBP

10p ordinary

SWAP

Increasing Long

2,110

1.8990 GBP

10p ordinary

SWAP

Increasing Long

2,255

1.8478 GBP

10p ordinary

SWAP

Increasing Long

2,284

1.8452 GBP

10p ordinary

SWAP

Increasing Long

4,549

1.8465 GBP

10p ordinary

SWAP

Increasing Long

8,503

1.8475 GBP

10p ordinary

SWAP

Increasing Long

17,748

1.8500 GBP

10p ordinary

SWAP

Increasing Long

19,380

1.8556 GBP

10p ordinary

SWAP

Increasing Long

21,554

1.8720 GBP

10p ordinary

SWAP

Increasing Long

40,491

1.8698 GBP

10p ordinary

SWAP

Increasing Long

49,134

1.8772 GBP

10p ordinary

SWAP

Increasing Long

69,705

1.8734 GBP

10p ordinary

SWAP

Increasing Long

263,619

1.8540 GBP

10p ordinary

SWAP

Increasing Short

188

1.8459 GBP

10p ordinary

CFD

Increasing Short

234

1.8661 GBP

10p ordinary

CFD

Increasing Short

18,486

1.8642 GBP

10p ordinary

SWAP

Increasing Short

33,200

1.8748 GBP

10p ordinary

SWAP

Increasing Short

80,000

1.8610 GBP

10p ordinary

SWAP

Opening Long

8,209

1.8420 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:

14 Feb 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213