Form 8.5 EPT/Non RI LONDONMETRIC PROPERTY PLC

Barclays PLC

23 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			LONDONMETRIC PROPERTY PLC
(d)	Date position held/dealing undertaken:			22 Apr 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 URBAN LOGISTICS REIT 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:				8,365,440	0.41%	28,212,029	1.37%
(2) Cash-settled derivatives:				26,594,984	1.29%	5,482,727	0.27%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				34,960,424	1.70%	33,694,756	1.64%
(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	1457433	1.9310  GBP	1.9000  GBP
10p ordinary	Sale	999782	1.9311  GBP	1.9021  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	750	1.9098  GBP
10p ordinary	SWAP	Increasing Long	947	1.9105  GBP
10p ordinary	SWAP	Increasing Long	244,652	1.9111  GBP
10p ordinary	SWAP	Increasing Long	118,245	1.9118  GBP
10p ordinary	SWAP	Increasing Long	7,377	1.9133  GBP
10p ordinary	SWAP	Increasing Long	9,017	1.9174  GBP
10p ordinary	SWAP	Increasing Long	140,300	1.9186  GBP
10p ordinary	SWAP	Increasing Long	14,883	1.9199  GBP
10p ordinary	SWAP	Increasing Long	3,953	1.9200  GBP
10p ordinary	SWAP	Increasing Long	21,925	1.9230  GBP
10p ordinary	SWAP	Increasing Long	32,050	1.9266  GBP
10p ordinary	SWAP	Increasing Long	1,452	1.9283  GBP
10p ordinary	SWAP	Decreasing Long	503	1.9000  GBP
10p ordinary	SWAP	Decreasing Long	185,618	1.9100  GBP
10p ordinary	SWAP	Decreasing Long	8,785	1.9103  GBP
10p ordinary	SWAP	Decreasing Long	1,608	1.9120  GBP
10p ordinary	SWAP	Decreasing Long	9,597	1.9126  GBP
10p ordinary	SWAP	Decreasing Long	36,285	1.9128  GBP
10p ordinary	SWAP	Decreasing Long	2,405	1.9129  GBP
10p ordinary	SWAP	Decreasing Long	9,480	1.9133  GBP
10p ordinary	SWAP	Decreasing Long	21,539	1.9149  GBP
10p ordinary	SWAP	Decreasing Long	64,230	1.9157  GBP
10p ordinary	SWAP	Decreasing Long	609	1.9192  GBP
10p ordinary	SWAP	Decreasing Long	89,625	1.9194  GBP
10p ordinary	SWAP	Decreasing Long	288,469	1.9197  GBP
10p ordinary	SWAP	Decreasing Long	49,600	1.9225  GBP
10p ordinary	SWAP	Decreasing Long	334,537	1.9230  GBP
10p ordinary	CFD	Decreasing Short	30,348	1.9110  GBP
10p ordinary	CFD	Decreasing Short	41,532	1.9178  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:				23 Apr 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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