RNS Number : 3643D
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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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.
 
END
 
 
FEODZGGDGZLGKZM