RNS Number : 5178I
Barclays PLC
07 August 2023
 

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:

04 Aug 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 the offer?

YES:

 CT Property Trust Ltd

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:

1,443,922

0.15%

5,978,404

0.61%

(2) Cash-settled derivatives:

5,632,052

0.57%

933,320

0.09%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

7,075,974

0.72%

6,911,724

0.70%

 








(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

2994223

1.8690  GBP

1.8190  GBP

10p ordinary

Sale

4860880

1.8700  GBP

1.8240  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

Decreasing Long

75

1.8270  GBP

10p ordinary

CFD

Decreasing Long

411

1.8192  GBP

10p ordinary

SWAP

Decreasing Long

496

1.8170  GBP

10p ordinary

SWAP

Decreasing Long

945

1.8339  GBP

10p ordinary

CFD

Decreasing Long

1,774

1.8640  GBP

10p ordinary

SWAP

Decreasing Long

2,569

1.8201  GBP

10p ordinary

CFD

Decreasing Long

4,700

1.8326  GBP

10p ordinary

SWAP

Decreasing Long

51,966

1.8387  GBP

10p ordinary

SWAP

Decreasing Short

12,630

1.8425  GBP

10p ordinary

SWAP

Increasing Long

212

1.8629  GBP

10p ordinary

SWAP

Increasing Long

289

1.8212  GBP

10p ordinary

SWAP

Increasing Long

941

1.8626  GBP

10p ordinary

SWAP

Increasing Long

1,416

1.8446  GBP

10p ordinary

SWAP

Increasing Long

3,760

1.8390  GBP

10p ordinary

CFD

Increasing Long

3,914

1.8406  GBP

10p ordinary

CFD

Increasing Long

4,683

1.8577  GBP

10p ordinary

CFD

Increasing Long

6,474

1.8425  GBP

10p ordinary

SWAP

Increasing Long

9,187

1.8544  GBP

10p ordinary

CFD

Increasing Long

22,110

1.8327  GBP

10p ordinary

CFD

Increasing Long

38,567

1.8436  GBP

10p ordinary

SWAP

Increasing Long

47,660

1.8549  GBP

10p ordinary

SWAP

Increasing Long

60,035

1.8639  GBP

10p ordinary

SWAP

Increasing Long

94,604

1.8590  GBP

10p ordinary

SWAP

Increasing Long

118,847

1.8636  GBP

10p ordinary

CFD

Increasing Long

250,000

1.8638  GBP

10p ordinary

SWAP

Increasing Long

490,719

1.8624  GBP

10p ordinary

SWAP

Increasing Long

602,861

1.8614  GBP

10p ordinary

SWAP

Increasing Short

5,880

1.8547  GBP

10p ordinary

SWAP

Opening Long

18,900

1.8635  GBP

10p ordinary

SWAP

Opening Long

172,900

1.8332  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:

07 Aug 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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