UK Commercial Property Trust Regulatory News (UKCM)

FORM 8.3-Amendment to section 2a

Replaces form released 15:27 on 26 February 2024

RNS number: 4958E

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR

MORE

Rule 8.3 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Full name of discloser:

Barclays PLC.

(b)

Owner or controller of interest and short positions disclosed, if different from 1(a):

(c)

Name of offeror/offeree in relation to whose relevant securities this form relates:

UK COMMERCIAL PROPERTY REIT LTD

(d)

If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:

(e)

Date position held/dealing undertaken:

15 Feb 2024

(f)

In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

YES: TRITAX BIG BOX REIT PLC

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(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:

25p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

2,981,342

0.22%

2,920,216

0.22%

(2) Cash-settled derivatives:

2,533,037

0.19%

2,457,493

0.18%

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

0

0.00%

0

0.00%

TOTAL: 

5,514,379

0.42%

5,377,709

0.41%

(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 PERSON MAKING THE DISCLOSURE

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

25p ordinary

Purchase

247,000

0.6590 GBP

25p ordinary

Purchase

138,830

0.6621 GBP

25p ordinary

Purchase

56,473

0.6689 GBP

25p ordinary

Purchase

25,302

0.6690 GBP

25p ordinary

Purchase

9,742

0.6520 GBP

25p ordinary

Purchase

8,857

0.6607 GBP

25p ordinary

Purchase

8,496

0.6681 GBP

25p ordinary

Purchase

6,946

0.6710 GBP

25p ordinary

Purchase

5,559

0.6536 GBP

25p ordinary

Purchase

5,107

0.6423 GBP

25p ordinary

Purchase

2,746

0.6628 GBP

25p ordinary

Purchase

2,500

0.6667 GBP

25p ordinary

Purchase

2,490

0.6547 GBP

25p ordinary

Purchase

2,169

0.6645 GBP

25p ordinary

Purchase

1,545

0.6623 GBP

25p ordinary

Purchase

1,056

0.6674 GBP

25p ordinary

Purchase

1,015

0.6686 GBP

25p ordinary

Purchase

616

0.6593 GBP

25p ordinary

Purchase

476

0.6591 GBP

25p ordinary

Purchase

142

0.6700 GBP

25p ordinary

Sale

1,291,073

0.6690 GBP

25p ordinary

Sale

556,539

0.6687 GBP

25p ordinary

Sale

230,047

0.6575 GBP

25p ordinary

Sale

130,987

0.6686 GBP

25p ordinary

Sale

68,113

0.6430 GBP

25p ordinary

Sale

67,464

0.6516 GBP

25p ordinary

Sale

25,740

0.6639 GBP

25p ordinary

Sale

22,394

0.6561 GBP

25p ordinary

Sale

16,818

0.6578 GBP

25p ordinary

Sale

13,110

0.6669 GBP

25p ordinary

Sale

8,051

0.6618 GBP

25p ordinary

Sale

7,763

0.6496 GBP

25p ordinary

Sale

6,946

0.6710 GBP

25p ordinary

Sale

6,519

0.6576 GBP

25p ordinary

Sale

1,056

0.6675 GBP

25p ordinary

Sale

839

0.6560 GBP

25p ordinary

Sale

616

0.6593 GBP

25p ordinary

Sale

142

0.6700 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

25p ordinary

CFD

Opening Short

1

0.6700 GBP

25p ordinary

CFD

Opening Short

4,858

0.6420 GBP

25p ordinary

SWAP

Decreasing Short

839

0.6560 GBP

25p ordinary

SWAP

Decreasing Short

1,144

0.6687 GBP

25p ordinary

SWAP

Decreasing Short

5,780

0.6640 GBP

25p ordinary

SWAP

Decreasing Short

7,763

0.6496 GBP

25p ordinary

SWAP

Decreasing Short

14,121

0.6555 GBP

25p ordinary

SWAP

Decreasing Short

22,394

0.6561 GBP

25p ordinary

SWAP

Decreasing Short

25,740

0.6639 GBP

25p ordinary

SWAP

Decreasing Short

130,987

0.6686 GBP

25p ordinary

SWAP

Decreasing Short

497,764

0.6690 GBP

25p ordinary

SWAP

Increasing Short

249

0.6490 GBP

25p ordinary

SWAP

Increasing Short

876

0.6690 GBP

25p ordinary

SWAP

Increasing Short

8,857

0.6607 GBP

25p ordinary

SWAP

Increasing Short

9,742

0.6520 GBP

25p ordinary

SWAP

Increasing Short

138,830

0.6621 GBP

25p ordinary

SWAP

Increasing Short

247,000

0.6590 GBP

25p ordinary

CFD

Opening Long

8,553

0.6699 GBP

25p ordinary

CFD

Opening Long

16,380

0.6579 GBP

25p ordinary

CFD

Opening Long

44,185

0.6676 GBP

25p ordinary

CFD

Opening Long

68,113

0.6430 GBP

25p ordinary

CFD

Opening Long

297,511

0.6562 GBP

25p ordinary

CFD

Opening Long

1,180,041

0.6690 GBP

25p ordinary

SWAP

Opening Short

414

0.6536 GBP

25p ordinary

SWAP

Opening Short

2,169

0.6645 GBP

25p ordinary

SWAP

Opening Short

2,490

0.6547 GBP

25p ordinary

SWAP

Opening Short

2,746

0.6628 GBP

25p ordinary

SWAP

Opening Short

5,145

0.6535 GBP

25p ordinary

SWAP

Opening Short

6,632

0.6690 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 person 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 person 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:

01-Mar-24

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213