Form 8.5 EPT/Non RI LONDONMETRIC PROPERTY PLC

Barclays PLC

01 April 2025

 

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			HIGHCROFT INVESTMENTS PLC
(d)	Date position held/dealing undertaken:			31 Mar 2025
(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:  HIGHCROFT INVESTMENTS 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:				8,915,164	0.44%	25,490,551	1.24%
(2) Cash-settled derivatives:				23,983,684	1.17%	4,166,287	0.20%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				32,898,848	1.61%	29,656,838	1.45%
(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	Purchase	1599573	1.8550  GBP	1.8149  GBP
10p ordinary	Sale	2486317	1.8550  GBP	1.8149  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	Increasing Long	145	1.8239  GBP
10p ordinary	SWAP	Increasing Long	6,733	1.8273  GBP
10p ordinary	SWAP	Increasing Long	2,211	1.8280  GBP
10p ordinary	SWAP	Increasing Long	1,397	1.8282  GBP
10p ordinary	SWAP	Increasing Long	2,250	1.8300  GBP
10p ordinary	SWAP	Increasing Long	61,831	1.8311  GBP
10p ordinary	SWAP	Increasing Long	7,771	1.8335  GBP
10p ordinary	SWAP	Increasing Long	288,488	1.8340  GBP
10p ordinary	SWAP	Increasing Long	3,526	1.8342  GBP
10p ordinary	SWAP	Increasing Long	50,725	1.8343  GBP
10p ordinary	SWAP	Increasing Long	107,041	1.8373  GBP
10p ordinary	SWAP	Increasing Long	67,033	1.8392  GBP
10p ordinary	SWAP	Increasing Long	36,042	1.8412  GBP
10p ordinary	SWAP	Increasing Long	459,076	1.8414  GBP
10p ordinary	SWAP	Increasing Long	96,792	1.8481  GBP
10p ordinary	SWAP	Increasing Long	4,650	1.8504  GBP
10p ordinary	SWAP	Decreasing Long	3,457	1.8181  GBP
10p ordinary	SWAP	Decreasing Long	9,667	1.8185  GBP
10p ordinary	SWAP	Decreasing Long	229	1.8201  GBP
10p ordinary	SWAP	Decreasing Long	8,335	1.8215  GBP
10p ordinary	SWAP	Decreasing Long	6,446	1.8229  GBP
10p ordinary	SWAP	Decreasing Long	1,500	1.8230  GBP
10p ordinary	SWAP	Decreasing Long	1,114	1.8231  GBP
10p ordinary	SWAP	Decreasing Long	1,990	1.8250  GBP
10p ordinary	SWAP	Decreasing Long	1,781	1.8259  GBP
10p ordinary	SWAP	Decreasing Long	12,244	1.8260  GBP
10p ordinary	SWAP	Decreasing Long	567	1.8284  GBP
10p ordinary	SWAP	Decreasing Long	141	1.8286  GBP
10p ordinary	SWAP	Decreasing Long	279,368	1.8334  GBP
10p ordinary	SWAP	Decreasing Long	146,161	1.8337  GBP
10p ordinary	SWAP	Decreasing Long	22,893	1.8340  GBP
10p ordinary	SWAP	Decreasing Long	7,865	1.8341  GBP
10p ordinary	SWAP	Decreasing Long	378	1.8349  GBP
10p ordinary	SWAP	Decreasing Long	808	1.8350  GBP
10p ordinary	SWAP	Decreasing Long	75,328	1.8357  GBP
10p ordinary	SWAP	Decreasing Long	757	1.8360  GBP
10p ordinary	SWAP	Decreasing Long	4,563	1.8365  GBP
10p ordinary	SWAP	Decreasing Long	73,161	1.8395  GBP
10p ordinary	CFD	Decreasing Short	55	1.8349  GBP
10p ordinary	CFD	Decreasing Short	10,714	1.8460  GBP
10p ordinary	CFD	Increasing Short	9,767	1.8265  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:				01 Apr 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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