RNS Number : 2639G
Barclays PLC
25 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

 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:

24 Apr 2025

(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:
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:

7,530,622

0.37%

27,945,093

1.36%

(2) Cash-settled derivatives:

26,629,914

1.30%

5,250,654

0.26%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

34,160,536

1.66%

33,195,747

1.62%

 








(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

1045318

1.9270  GBP

1.9050  GBP

10p ordinary

Sale

1467870

1.9270  GBP

1.9056  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

Increasing Long

5,800

1.9056  GBP

10p ordinary

SWAP

Increasing Long

198,365

1.9097  GBP

10p ordinary

SWAP

Increasing Long

120,931

1.9117  GBP

10p ordinary

SWAP

Increasing Long

119,576

1.9119  GBP

10p ordinary

SWAP

Increasing Long

16,746

1.9120  GBP

10p ordinary

SWAP

Increasing Long

7,756

1.9121  GBP

10p ordinary

SWAP

Increasing Long

95,229

1.9143  GBP

10p ordinary

SWAP

Increasing Long

11,161

1.9150  GBP

10p ordinary

SWAP

Increasing Long

1,527

1.9151  GBP

10p ordinary

SWAP

Increasing Long

33,347

1.9160  GBP

10p ordinary

SWAP

Increasing Long

1,680

1.9175  GBP

10p ordinary

SWAP

Increasing Long

22,802

1.9185  GBP

10p ordinary

SWAP

Increasing Long

62,076

1.9186  GBP

10p ordinary

SWAP

Increasing Long

36,760

1.9194  GBP

10p ordinary

SWAP

Increasing Long

3,695

1.9225  GBP

10p ordinary

SWAP

Increasing Long

309

1.9239  GBP

10p ordinary

SWAP

Decreasing Long

560

1.9050  GBP

10p ordinary

SWAP

Decreasing Long

7,733

1.9080  GBP

10p ordinary

SWAP

Decreasing Long

23,432

1.9093  GBP

10p ordinary

SWAP

Decreasing Long

4,309

1.9102  GBP

10p ordinary

SWAP

Decreasing Long

1,027

1.9108  GBP

10p ordinary

SWAP

Decreasing Long

28,155

1.9119  GBP

10p ordinary

SWAP

Decreasing Long

148,172

1.9120  GBP

10p ordinary

SWAP

Decreasing Long

88,675

1.9121  GBP

10p ordinary

SWAP

Decreasing Long

11,441

1.9124  GBP

10p ordinary

SWAP

Decreasing Long

61,598

1.9140  GBP

10p ordinary

SWAP

Decreasing Long

13,065

1.9153  GBP

10p ordinary

SWAP

Decreasing Long

620

1.9156  GBP

10p ordinary

SWAP

Decreasing Long

9,106

1.9158  GBP

10p ordinary

SWAP

Decreasing Long

90,619

1.9169  GBP

10p ordinary

SWAP

Decreasing Long

182,055

1.9192  GBP

10p ordinary

SWAP

Decreasing Long

8,371

1.9200  GBP

10p ordinary

SWAP

Decreasing Long

2,582

1.9218  GBP

10p ordinary

CFD

Increasing Long

2,346

1.9060  GBP

10p ordinary

CFD

Increasing Long

33

1.9061  GBP

10p ordinary

CFD

Increasing Long

32,674

1.9120  GBP

10p ordinary

CFD

Increasing Long

26,949

1.9122  GBP

10p ordinary

CFD

Increasing Long

34,795

1.9130  GBP

10p ordinary

CFD

Increasing Long

32,509

1.9208  GBP

10p ordinary

CFD

Increasing Long

28,323

1.9216  GBP

10p ordinary

CFD

Decreasing Long

2,585

1.9060  GBP

10p ordinary

CFD

Decreasing Long

33

1.9061  GBP

10p ordinary

CFD

Decreasing Long

34,602

1.9121  GBP

10p ordinary

CFD

Decreasing Long

34,795

1.9130  GBP

10p ordinary

CFD

Decreasing Long

2,075

1.9158  GBP

10p ordinary

CFD

Decreasing Long

64,151

1.9164  GBP

10p ordinary

CFD

Decreasing Long

793

1.9207  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:

25 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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