RNS Number : 5603D
Barclays PLC
03 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:

 

02 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:

 

 

9,370,426

0.46%

25,519,790

1.25%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

24,031,009

1.17%

4,649,504

0.23%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

33,401,435

1.63%

30,169,294

1.47%

(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

2,188,643

1.8199  GBP

1.7990  GBP

10p ordinary

Sale

1,421,703

1.8185  GBP

1.7989  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

5

1.7989  GBP

10p ordinary

SWAP

Increasing Long

82

1.8008  GBP

10p ordinary

SWAP

Increasing Long

1,289

1.8045  GBP

10p ordinary

SWAP

Increasing Long

966

1.8049  GBP

10p ordinary

SWAP

Increasing Long

5,760

1.8061  GBP

10p ordinary

SWAP

Increasing Long

5,045

1.8074  GBP

10p ordinary

SWAP

Increasing Long

4,922

1.8081  GBP

10p ordinary

SWAP

Increasing Long

208

1.8088  GBP

10p ordinary

SWAP

Increasing Long

1

1.8100  GBP

10p ordinary

SWAP

Increasing Long

269

1.8114  GBP

10p ordinary

SWAP

Increasing Long

3,153

1.8116  GBP

10p ordinary

SWAP

Increasing Long

58

1.8118  GBP

10p ordinary

SWAP

Increasing Long

129,223

1.8123  GBP

10p ordinary

SWAP

Increasing Long

85,976

1.8128  GBP

10p ordinary

SWAP

Increasing Long

79,974

1.8134  GBP

10p ordinary

SWAP

Increasing Long

22,087

1.8141  GBP

10p ordinary

SWAP

Increasing Long

68,443

1.8142  GBP

10p ordinary

SWAP

Increasing Long

35,320

1.8146  GBP

10p ordinary

SWAP

Increasing Long

62,612

1.8149  GBP

10p ordinary

SWAP

Increasing Long

84,651

1.8150  GBP

10p ordinary

SWAP

Increasing Long

5,633

1.8151  GBP

10p ordinary

SWAP

Increasing Long

29,912

1.8158  GBP

10p ordinary

SWAP

Increasing Long

1,143

1.8161  GBP

10p ordinary

SWAP

Increasing Long

2,511

1.8170  GBP

10p ordinary

SWAP

Increasing Long

10,191

1.8185  GBP

10p ordinary

SWAP

Decreasing Long

15,642

1.8021  GBP

10p ordinary

SWAP

Decreasing Long

31,944

1.8026  GBP

10p ordinary

SWAP

Decreasing Long

13,464

1.8027  GBP

10p ordinary

SWAP

Decreasing Long

7,459

1.8040  GBP

10p ordinary

SWAP

Decreasing Long

916

1.8051  GBP

10p ordinary

SWAP

Decreasing Long

44,343

1.8055  GBP

10p ordinary

SWAP

Decreasing Long

1,246

1.8077  GBP

10p ordinary

SWAP

Decreasing Long

6,197

1.8080  GBP

10p ordinary

SWAP

Decreasing Long

59,036

1.8092  GBP

10p ordinary

SWAP

Decreasing Long

21,000

1.8148  GBP

10p ordinary

SWAP

Decreasing Long

295,499

1.8150  GBP

10p ordinary

SWAP

Decreasing Long

10,609

1.8151  GBP

10p ordinary

SWAP

Decreasing Long

852,649

1.8184  GBP

10p ordinary

SWAP

Decreasing Long

4,891

1.8199  GBP

10p ordinary

CFD

Decreasing Short

3,118

1.7998  GBP

10p ordinary

CFD

Increasing Short

42,843

1.8102  GBP

10p ordinary

CFD

Increasing Short

13,822

1.8151  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:

03 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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