Form 8.5 EPT/Non RI LONDONMETRIC PROPERTY PLC

Barclays PLC

02 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				LONDONMETRIC PROPERTY PLC
	relevant securities this form relates:
(c)	Name of the party to the offer with which exempt				HIGHCROFT INVESTMENTS PLC
	principal trader is connected
(d)	Date position held/dealing undertaken:				01 Apr 2025
(e)	In addition to the company in 1(b) above, is the exempt principal				YES:
	trader making disclosures in respect of any other party to the offer?				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:			8,268,114	0.40%	25,184,418	1.23%
(2)	Cash-settled derivatives:
	and/or controlled:			23,687,623	1.16%	3,527,110	0.17%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			31,955,737	1.56%	28,711,528	1.40%
(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)	Purchases and sales
Class of relevant		Purchase/sale		Total number of		Highest price per unit	Lowest price per unit
security				securities		paid/received	paid/received
10p ordinary		Purchase		792,762		1.8474  GBP	1.8140  GBP
10p ordinary		Sale		1,133,679		1.8460  GBP	1.8140  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
10p ordinary		SWAP		Increasing Long		4,486	1.8175  GBP
10p ordinary		SWAP		Increasing Long		3,858	1.8189  GBP
10p ordinary		SWAP		Increasing Long		476	1.8190  GBP
10p ordinary		SWAP		Increasing Long		948	1.8194  GBP
10p ordinary		SWAP		Increasing Long		79	1.8203  GBP
10p ordinary		SWAP		Increasing Long		7,793	1.8208  GBP
10p ordinary		SWAP		Increasing Long		5	1.8220  GBP
10p ordinary		SWAP		Increasing Long		168,118	1.8229  GBP
10p ordinary		SWAP		Increasing Long		40,074	1.8230  GBP
10p ordinary		SWAP		Increasing Long		11,853	1.8233  GBP
10p ordinary		SWAP		Increasing Long		47,036	1.8238  GBP
10p ordinary		SWAP		Increasing Long		226,062	1.8251  GBP
10p ordinary		SWAP		Increasing Long		2,935	1.8262  GBP
10p ordinary		SWAP		Increasing Long		216,692	1.8271  GBP
10p ordinary		SWAP		Increasing Long		25,570	1.8282  GBP
10p ordinary		SWAP		Increasing Long		16,291	1.8297  GBP
10p ordinary		SWAP		Increasing Long		16,757	1.8305  GBP
10p ordinary		SWAP		Increasing Long		166	1.8307  GBP
10p ordinary		SWAP		Increasing Long		1,974	1.8308  GBP
10p ordinary		SWAP		Increasing Long		3,234	1.8319  GBP
10p ordinary		SWAP		Increasing Long		1,732	1.8331  GBP
10p ordinary		SWAP		Increasing Long		5,035	1.8348  GBP
10p ordinary		SWAP		Increasing Long		9,623	1.8353  GBP
10p ordinary		SWAP		Increasing Long		30,264	1.8390  GBP
10p ordinary		SWAP		Increasing Long		13,909	1.8408  GBP
10p ordinary		SWAP		Increasing Long		8,173	1.8431  GBP
10p ordinary		SWAP		Increasing Long		7,614	1.8443  GBP
10p ordinary		SWAP		Decreasing Long		41,651	1.8222  GBP
10p ordinary		SWAP		Decreasing Long		100,192	1.8230  GBP
10p ordinary		SWAP		Decreasing Long		31,102	1.8231  GBP
10p ordinary		SWAP		Decreasing Long		64,576	1.8233  GBP
10p ordinary		SWAP		Decreasing Long		37,563	1.8244  GBP
10p ordinary		SWAP		Decreasing Long		1,386	1.8252  GBP
10p ordinary		SWAP		Decreasing Long		89,377	1.8259  GBP
10p ordinary		SWAP		Decreasing Long		107,662	1.8264  GBP
10p ordinary		SWAP		Decreasing Long		392	1.8272  GBP
10p ordinary		SWAP		Decreasing Long		14,772	1.8304  GBP
10p ordinary		SWAP		Decreasing Long		4,036	1.8313  GBP
10p ordinary		SWAP		Decreasing Long		3,455	1.8370  GBP
10p ordinary		SWAP		Decreasing Long		21,598	1.8377  GBP
10p ordinary		SWAP		Decreasing Long		340	1.8382  GBP
10p ordinary		CFD		Increasing Short		3,004	1.8131  GBP
10p ordinary		CFD		Increasing Short		3,090	1.8262  GBP
10p ordinary		CFD		Increasing Short		3,445	1.8301  GBP
(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						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:				02 Apr 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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