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:

LXI REIT 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:

07 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: 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:

6,922,411

0.40%

5,939,353

0.35%

(2) Cash-settled derivatives:

5,520,275

0.32%

6,282,887

0.37%

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

0

0.00%

0

0.00%

TOTAL:

12,442,686

0.73%

12,222,240

0.71%

(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

1p ordinary

Purchase

276459

1.0540 GBP

1.0388 GBP

1p ordinary

Sale

312411

1.0530 GBP

1.0390 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

1p ordinary

SWAP

Closing Short

8,009

1.0390 GBP

1p ordinary

SWAP

Closing Short

8,035

1.0389 GBP

1p ordinary

SWAP

Decreasing Long

1,287

1.0405 GBP

1p ordinary

SWAP

Decreasing Long

21,579

1.0390 GBP

1p ordinary

SWAP

Decreasing Short

6

1.0380 GBP

1p ordinary

SWAP

Decreasing Short

609

1.0426 GBP

1p ordinary

SWAP

Decreasing Short

827

1.0476 GBP

1p ordinary

SWAP

Decreasing Short

2,324

1.0459 GBP

1p ordinary

SWAP

Decreasing Short

4,116

1.0472 GBP

1p ordinary

SWAP

Decreasing Short

11,203

1.0530 GBP

1p ordinary

SWAP

Decreasing Short

62,063

1.0500 GBP

1p ordinary

SWAP

Increasing Long

53

1.0487 GBP

1p ordinary

SWAP

Increasing Long

993

1.0467 GBP

1p ordinary

SWAP

Increasing Long

2,028

1.0530 GBP

1p ordinary

SWAP

Increasing Long

2,044

1.0466 GBP

1p ordinary

SWAP

Increasing Long

3,626

1.0463 GBP

1p ordinary

SWAP

Increasing Long

4,128

1.0489 GBP

1p ordinary

SWAP

Increasing Long

4,401

1.0499 GBP

1p ordinary

SWAP

Increasing Long

5,478

1.0527 GBP

1p ordinary

CFD

Increasing Long

6,195

1.0421 GBP

1p ordinary

SWAP

Increasing Long

7,004

1.0444 GBP

1p ordinary

SWAP

Increasing Long

7,736

1.0421 GBP

1p ordinary

SWAP

Increasing Long

9,014

1.0496 GBP

1p ordinary

SWAP

Increasing Long

9,060

1.0437 GBP

1p ordinary

SWAP

Increasing Long

9,187

1.0472 GBP

1p ordinary

SWAP

Increasing Long

25,744

1.0407 GBP

1p ordinary

SWAP

Increasing Long

55,619

1.0473 GBP

1p ordinary

SWAP

Increasing Short

624

1.0400 GBP

1p ordinary

SWAP

Increasing Short

1,419

1.0428 GBP

1p ordinary

SWAP

Increasing Short

19,138

1.0398 GBP

1p ordinary

SWAP

Increasing Short

48,058

1.0390 GBP

1p ordinary

SWAP

Increasing Short

123,198

1.0455 GBP

1p ordinary

SWAP

Opening Short

9,240

1.0484 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:

08 Feb 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213