RNS Number : 0761G
Barclays PLC
24 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

LONDONMETRIC PROPERTY PLC


principal trader is connected



(d)

Date position held/dealing undertaken:


23 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

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:



8,285,440

0.40%

28,277,359

1.38%

(2)

Cash-settled derivatives:






and/or controlled:



26,656,455

1.30%

5,352,030

0.26%

(3)

Stock-settled derivatives (including options)






and agreements to purchase/sell:



0

0.00%

0

0.00%










TOTAL:



34,941,895

1.70%

33,629,389

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)

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

1,792,109

1.9160  GBP

1.8910  GBP

10p ordinary

Sale

1,937,439

1.9186  GBP

1.8930  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

173,738

1.8945  GBP

10p ordinary

SWAP

Increasing Long

30,653

1.8947  GBP

10p ordinary

SWAP

Increasing Long

140,300

1.8955  GBP

10p ordinary

SWAP

Increasing Long

60,512

1.8972  GBP

10p ordinary

SWAP

Increasing Long

137,853

1.8973  GBP

10p ordinary

SWAP

Increasing Long

179,395

1.8999  GBP

10p ordinary

SWAP

Increasing Long

124

1.9000  GBP

10p ordinary

SWAP

Increasing Long

96,995

1.9001  GBP

10p ordinary

SWAP

Increasing Long

2,753

1.9015  GBP

10p ordinary

SWAP

Increasing Long

91,398

1.9016  GBP

10p ordinary

SWAP

Increasing Long

6,963

1.9017  GBP

10p ordinary

SWAP

Increasing Long

84,246

1.9019  GBP

10p ordinary

SWAP

Increasing Long

6,221

1.9020  GBP

10p ordinary

SWAP

Increasing Long

7,725

1.9021  GBP

10p ordinary

SWAP

Increasing Long

2,546

1.9038  GBP

10p ordinary

SWAP

Increasing Long

14,086

1.9041  GBP

10p ordinary

SWAP

Increasing Long

393

1.9100  GBP

10p ordinary

SWAP

Increasing Long

3,757

1.9104  GBP

10p ordinary

SWAP

Decreasing Long

257

1.8960  GBP

10p ordinary

SWAP

Decreasing Long

80,148

1.8961  GBP

10p ordinary

SWAP

Decreasing Long

402,277

1.9000  GBP

10p ordinary

SWAP

Decreasing Long

18,642

1.9001  GBP

10p ordinary

SWAP

Decreasing Long

9,650

1.9003  GBP

10p ordinary

SWAP

Decreasing Long

99,078

1.9008  GBP

10p ordinary

SWAP

Decreasing Long

5,367

1.9018  GBP

10p ordinary

SWAP

Decreasing Long

129,640

1.9022  GBP

10p ordinary

SWAP

Decreasing Long

17,001

1.9027  GBP

10p ordinary

SWAP

Decreasing Long

29,198

1.9044  GBP

10p ordinary

SWAP

Decreasing Long

611

1.9082  GBP

10p ordinary

SWAP

Decreasing Long

86,529

1.9087  GBP

10p ordinary

SWAP

Decreasing Long

57,025

1.9102  GBP

10p ordinary

SWAP

Decreasing Long

24,307

1.9113  GBP

10p ordinary

SWAP

Decreasing Long

4,014

1.9115  GBP

10p ordinary

SWAP

Decreasing Long

2,226

1.9160  GBP

10p ordinary

CFD

Opening Long

90,659

1.8998  GBP

10p ordinary

CFD

Increasing Long

22,383

1.9039  GBP

10p ordinary

CFD

Increasing Long

27,356

1.9067  GBP

10p ordinary

CFD

Decreasing Long

6,325

1.8955  GBP

10p ordinary

CFD

Decreasing Long

11,998

1.8978  GBP

10p ordinary

CFD

Decreasing Long

3,595

1.9074  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:

24 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

























 

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