Last checked at 4 Mar 2024 15:45
AMENDMENT
FORM 8.5 (EPT/RI)
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Name of exempt principal trader: | J.P. Morgan Securities Plc |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | LondonMetric Property plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Financial Advisor and joint Corporate Broker to LondonMetric Property Plc |
(d) Date dealing undertaken: | 29 February 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 this offer? If it is a cash offer or possible cash offer, state "N/A" | Yes, LXi REIT plc |
2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
Class of relevant security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
10p ordinary | Purchase
Sale | 1,192,839
1,396,374 | 1.8360 GBP
1.8380 GBP | 1.7990 GBP
1.8000 GBP |
(b) Cash-settled derivative transactions
Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit |
10p ordinary | Equity Swap | Decrease Long
Decrease Short
Increase Long
Increase Short
Opening a long position
Opening a short position
| 399,530 11,766 3,916 1
434 257,757 797 4,793 1,596 10,622 43,003 5,809 4,996 1,385 948 2,392 6,935 3,482 1,196 1 2,392 82
399,530 447,658 1 17,185 2,438
175,652 7,763 2 1,307 5,912 43,003 2,983 5,492 42,565 2,631 3,914 3,166 7,976 1,096 2,574 31,796 75,000
1,600
266,184
| 1.8040 GBP 1.8176 GBP 1.8223 GBP 1.8290 GBP
1.8038 GBP 1.8040 GBP 1.8115 GBP 1.8120 GBP 1.8126 GBP 1.8129 GBP 1.8149 GBP 1.8155 GBP 1.8173 GBP 1.8180 GBP 1.8190 GBP 1.8206 GBP 1.8216 GBP 1.8271 GBP 1.8289 GBP 1.8299 GBP 1.8309 GBP 1.8600 GBP
1.8040 GBP 1.8173 GBP 1.8180 GBP 1.8205 GBP 1.8319 GBP
1.8040 GBP 1.8041 GBP 1.8100 GBP 1.8110 GBP 1.8120 GBP 1.8149 GBP 1.8151 GBP 1.8153 GBP 1.8170 GBP 1.8179 GBP 1.8181 GBP 1.8187 GBP 1.8209 GBP 1.8222 GBP 1.8223 GBP 1.8225 GBP 1.8261 GBP
1.8210 GBP
1.8114 GBP
|
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security | Product description e.g. call option | Writing, purchasing, selling, varying etc. | Number of securities to which option relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
|
|
|
|
|
(d) Other dealings (including subscribing for new securities)
Class of relevant security | Nature of dealing e.g. subscription, conversion | Details | Price per unit (if applicable) |
|
|
|
|
3. OTHER INFORMATION
(a) Indemnity and other dealing 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: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" |
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 or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none" |
None
|
| Date of disclosure: | 04 March 2024 |
| Contact name: | Natasha Mondon |
| Telephone number: | 01202 325175 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.