Form 8.5 (EPT/RI) - LXi REIT plc
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 |
LXi REIT 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: |
28 December 2023 |
|
(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, LondonMetric Property 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 |
|
1p ordinary |
Purchase
Sale |
436,568
387,322 |
1.0643 GBP
1.0635 GBP |
1.0500 GBP
1.0480 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 |
|
1p ordinary |
Equity Swap |
Decrease Long
Decrease Short
Increase Long
Increase Short
|
990 745 2,062 4,149 58,110 7,110 2,639 1,318
3,104 1 2 3,514 554 9 284 6,269 103,908 10 8,796 5,785 999 2,069
43 14,396 2,069
336 1 125 3,937 4,770 1,844 23 696 700 5,703 130,298 3 |
1.0520 GBP 1.0532 GBP 1.0542 GBP 1.0544 GBP 1.0550 GBP 1.0553 GBP 1.0554 GBP 1.0616 GBP
1.0499 GBP 1.0505 GBP 1.0515 GBP 1.0517 GBP 1.0519 GBP 1.0540 GBP 1.0541 GBP 1.0549 GBP 1.0550 GBP 1.0555 GBP 1.0564 GBP 1.0583 GBP 1.0635 GBP 1.0640 GBP
1.0549 GBP 1.0550 GBP 1.0588 GBP
1.0490 GBP 1.0495 GBP 1.0520 GBP 1.0527 GBP 1.0531 GBP 1.0533 GBP 1.0540 GBP 1.0546 GBP 1.0547 GBP 1.0549 GBP 1.0550 GBP 1.0643 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: |
29 December 2023 |
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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Latest directors dealings
- 1 minute ago Morgan Sindall Group
- 11 minutes ago Taylor Wimpey
- 13 minutes ago HSBC Holdings
- 33 minutes ago M&G
- 42 minutes ago Frasers Group