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

LXI REIT PLC

relevant securities this form relates:

(c)

Name of the party to the offer with which exempt

LXi REIT plc

principal trader is connected

(d)

Date position held/dealing undertaken:

30 June 2022

(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?

SECURE INCOME 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:

1p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

4,041,230

0.44%

5,666,300

0.62%

(2)

Cash-settled derivatives:

6,971,099

0.76%

3,063,074

0.34%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

11,012,329

1.21%

8,729,374

0.96%

(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)

Purchases 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

410,144

1.4500 GBP

1.414 GBP

1p ordinary

Sale

3,170,079

1.4500 GBP

1.414 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

1p ordinary

 CFD

Decreasing Long

4,035

1.4188 GBP

1p ordinary

 CFD

Decreasing Long

4,825

1.4171 GBP

1p ordinary

 CFD

Decreasing Long

33,925

1.4403 GBP

1p ordinary

 CFD

Decreasing Long

41,330

1.4221 GBP

1p ordinary

 CFD

Decreasing Long

79,587

1.4500 GBP

1p ordinary

 CFD

Decreasing Long

87,677

1.4500 GBP

1p ordinary

 CFD

Decreasing Long

104,801

1.4241 GBP

1p ordinary

 SWAP

Decreasing Short

599

1.4221 GBP

1p ordinary

 SWAP

Decreasing Short

91,282

1.4208 GBP

1p ordinary

 SWAP

Decreasing Short

223,000

1.4203 GBP

1p ordinary

 SWAP

Increasing Long

52

1.4226 GBP

1p ordinary

 SWAP

Increasing Long

1,972

1.4120 GBP

1p ordinary

 SWAP

Increasing Long

2,329

1.4201 GBP

1p ordinary

 SWAP

Increasing Long

2,554

1.4140 GBP

1p ordinary

 SWAP

Increasing Long

2,696

1.4220 GBP

1p ordinary

 SWAP

Increasing Long

2,852

1.4103 GBP

1p ordinary

 SWAP

Increasing Long

4,325

1.4228 GBP

1p ordinary

 SWAP

Increasing Long

6,398

1.4202 GBP

1p ordinary

 SWAP

Increasing Long

16,119

1.4188 GBP

1p ordinary

 SWAP

Increasing Long

16,821

1.4274 GBP

1p ordinary

 SWAP

Increasing Long

17,126

1.4159 GBP

1p ordinary

 SWAP

Increasing Long

19,483

1.4306 GBP

1p ordinary

 SWAP

Increasing Long

23,280

1.4236 GBP

1p ordinary

 SWAP

Increasing Long

25,241

1.4158 GBP

1p ordinary

 SWAP

Increasing Long

26,336

1.4171 GBP

1p ordinary

 SWAP

Increasing Long

26,395

1.4177 GBP

1p ordinary

 SWAP

Increasing Long

28,334

1.4190 GBP

1p ordinary

 SWAP

Increasing Long

43,202

1.4207 GBP

1p ordinary

 SWAP

Increasing Long

71,196

1.4181 GBP

1p ordinary

 SWAP

Increasing Long

71,937

1.4195 GBP

1p ordinary

 SWAP

Increasing Long

118,719

1.4237 GBP

1p ordinary

 SWAP

Increasing Long

123,088

1.4204 GBP

1p ordinary

 SWAP

Increasing Long

140,254

1.4206 GBP

1p ordinary

 SWAP

Increasing Long

170,430

1.4245 GBP

1p ordinary

 SWAP

Increasing Long

227,916

1.4184 GBP

1p ordinary

 SWAP

Increasing Short

782

1.4174 GBP

1p ordinary

 SWAP

Increasing Short

1,374

1.4175 GBP

1p ordinary

 SWAP

Increasing Short

4,557

1.4199 GBP

1p ordinary

 SWAP

Increasing Short

65,356

1.4227 GBP

1p ordinary

 SWAP

Opening Long

43,917

1.4239 GBP

1p ordinary

 SWAP

Opening Long

123,088

1.4204 GBP

1p ordinary

 SWAP

Opening Long

1,488,192

1.4240 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:

1 Jul 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213