LondonMetric Regulatory News (LMP)

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 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:

3,259,307

0.30%

10,921,065

1.00%

(2) Cash-settled derivatives:

10,524,232

0.96%

2,923,480

0.27%

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

0

0.00%

0

0.00%

TOTAL: 

13,783,539

1.26%

13,844,545

1.27%

(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

242685

1.8945 GBP

1.8751 GBP

10p ordinary

Purchase

257803

1.8940 GBP

1.8600 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

63

1.8680 GBP

10p ordinary

SWAP

Decreasing Long

66

1.8380 GBP

10p ordinary

SWAP

Decreasing Long

309

1.8620 GBP

10p ordinary

SWAP

Decreasing Long

437

1.8780 GBP

10p ordinary

SWAP

Decreasing Long

1,200

1.8660 GBP

10p ordinary

SWAP

Decreasing Long

1,200

1.8660 GBP

10p ordinary

SWAP

Decreasing Long

1,403

1.8774 GBP

10p ordinary

SWAP

Decreasing Long

3,598

1.8655 GBP

10p ordinary

SWAP

Decreasing Long

5,026

1.8789 GBP

10p ordinary

SWAP

Decreasing Long

5,395

1.8848 GBP

10p ordinary

SWAP

Decreasing Long

6,229

1.8954 GBP

10p ordinary

SWAP

Decreasing Long

6,585

1.8761 GBP

10p ordinary

SWAP

Decreasing Long

9,646

1.8839 GBP

10p ordinary

SWAP

Decreasing Long

14,651

1.8867 GBP

10p ordinary

SWAP

Decreasing Long

18,158

1.8880 GBP

10p ordinary

SWAP

Decreasing Long

21,244

1.8873 GBP

10p ordinary

SWAP

Decreasing Long

36,562

1.8847 GBP

10p ordinary

CFD

Decreasing Short

117

1.8873 GBP

10p ordinary

SWAP

Decreasing Short

200

1.8809 GBP

10p ordinary

SWAP

Decreasing Short

486

1.8729 GBP

10p ordinary

SWAP

Decreasing Short

1,278

1.8820 GBP

10p ordinary

CFD

Decreasing Short

8,188

1.8887 GBP

10p ordinary

CFD

Decreasing Short

39,189

1.8879 GBP

10p ordinary

SWAP

Increasing Long

404

1.8879 GBP

10p ordinary

SWAP

Increasing Long

1,011

1.8790 GBP

10p ordinary

SWAP

Increasing Long

1,153

1.8820 GBP

10p ordinary

SWAP

Increasing Long

1,672

1.8945 GBP

10p ordinary

SWAP

Increasing Long

1,682

1.8831 GBP

10p ordinary

SWAP

Increasing Long

2,379

1.8817 GBP

10p ordinary

SWAP

Increasing Long

4,434

1.8819 GBP

10p ordinary

SWAP

Increasing Long

5,682

1.8800 GBP

10p ordinary

SWAP

Increasing Long

9,520

1.8822 GBP

10p ordinary

SWAP

Increasing Long

12,618

1.8878 GBP

10p ordinary

SWAP

Increasing Long

104,692

1.8880 GBP

10p ordinary

SWAP

Increasing Short

3,362

1.8785 GBP

10p ordinary

SWAP

Increasing Short

4,246

1.8880 GBP

10p ordinary

SWAP

Increasing Short

4,300

1.8680 GBP

10p ordinary

CFD

Increasing Short

4,373

1.8758 GBP

10p ordinary

CFD

Increasing Short

11,064

1.8677 GBP

10p ordinary

CFD

Increasing Short

23,770

1.8880 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 Feb 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213