RNS Number : 4663F
Barclays PLC
04 March 2024

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:

LXI REIT 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:

01 Mar 2024

(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:

LONDONMETRIC PROPERTY 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:

1p ordinary


Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

9,704,715

0.57%

7,536,507

0.44%

(2) Cash-settled derivatives:

7,176,697

0.42%

9,080,868

0.53%

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

0

0.00%

0

0.00%



TOTAL:

16,881,412

0.98%

16,617,375

0.97%








(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

1p ordinary

Purchase

2611811

1.0070 GBP

0.9949 GBP

1p ordinary

Sale

646552

1.0200 GBP

0.9920 GBP








(b)

Cash-settled derivative transactions

Class of

relevant

security

Product description

Nature of dealing

Number of

reference

securities

Price per

unit

1p ordinary

SWAP

Decreasing Long

51

1.0041 GBP

1p ordinary

SWAP

Decreasing Long

678

1.0001 GBP

1p ordinary

SWAP

Decreasing Long

1,426

1.0033 GBP

1p ordinary

SWAP

Decreasing Long

5,811

1.0039 GBP

1p ordinary

SWAP

Decreasing Long

12,983

1.0030 GBP

1p ordinary

SWAP

Decreasing Long

25,845

1.0013 GBP

1p ordinary

SWAP

Decreasing Long

44,510

1.0016 GBP

1p ordinary

SWAP

Decreasing Long

63,965

1.0022 GBP

1p ordinary

SWAP

Decreasing Long

165,912

1.0010 GBP

1p ordinary

SWAP

Decreasing Short

1

1.0200 GBP

1p ordinary

SWAP

Decreasing Short

400

0.9919 GBP

1p ordinary

SWAP

Decreasing Short

742

0.9970 GBP

1p ordinary

CFD

Decreasing Short

1,087

1.0200 GBP

1p ordinary

SWAP

Decreasing Short

1,725

1.0031 GBP

1p ordinary

SWAP

Decreasing Short

40,467

0.9960 GBP

1p ordinary

SWAP

Increasing Long

84

1.0048 GBP

1p ordinary

SWAP

Increasing Long

1,265

1.0059 GBP

1p ordinary

CFD

Increasing Short

1

1.0000 GBP

1p ordinary

SWAP

Increasing Short

1,057

1.0050 GBP

1p ordinary

CFD

Increasing Short

2,119

1.0020 GBP

1p ordinary

CFD

Increasing Short

35,195

1.0009 GBP

1p ordinary

SWAP

Increasing Short

112,783

1.0010 GBP

1p ordinary

SWAP

Increasing Short

127,663

0.9998 GBP

1p ordinary

SWAP

Increasing Short

189,620

1.0000 GBP

1p ordinary

CFD

Increasing Short

289,982

1.0018 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:

04 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

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