FORM 8.5
(EPT/NON-RI)
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PUBLIC OPENING POSITION
DISCLOSURE/DEALING DISCLOSURE BY AN
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EXEMPT PRINCIPAL TRADER
WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS
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(OR WHERE RI STATUS IS NOT
APPLICABLE)
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Rule 8.5 of the Takeover Code
(the "Code")
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1.
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KEY
INFORMATION
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(a)
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Name of exempt principal trader:
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BARCLAYS CAPITAL SECURITIES LTD
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(b)
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Name of offeror/offeree in relation to whose
relevant securities this form relates:
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BALANCED COMMERCIAL PROPERTY TRUST LTD
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(c)
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Name of the party to the offer with which exempt
principal trader is connected
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BALANCED COMMERCIAL PROPERTY TRUST LTD
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(d)
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Date position held/dealing undertaken:
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16 Apr 2024
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(e)
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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?
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NO
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2.
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POSITIONS OF THE EXEMPT PRINCIPAL TRADER
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(a)
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Interests and short positions in the relevant securities of
the offeror or offeree
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to
which the disclosure relates following the dealing (if
any)
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Class of relevant security:
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1p
ordinary
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Interests
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Short
Positions
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Number
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(%)
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Number
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(%)
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(1)
Relevant securities owned and/or controlled:
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1,060,221
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0.15%
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1,787,839
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0.25%
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(2)
Cash-settled derivatives:
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1,679,458
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0.24%
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264,738
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0.04%
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(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
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0
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0.00%
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0
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0.00%
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TOTAL:
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2,739,679
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0.39%
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2,052,577
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0.29%
|
|
|
|
|
|
|
|
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(b)
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Rights to subscribe for new securities (including directors
and other executive options)
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Class of relevant security in relation to
which subscription right exists
|
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Details, including nature of the rights
concerned and relevant percentages:
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3.
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DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL
TRADER
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(a)
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Purchase and sales
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|
|
|
|
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Class of relevant
security
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Purchase/sale
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Total number of
securities
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Highest price per unit
paid/received
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Lowest price per unit
paid/received
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1p ordinary
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Purchase
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329068
|
0.7870
GBP
|
0.7746
GBP
|
1p ordinary
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Sale
|
206506
|
0.7840
GBP
|
0.7730
GBP
|
|
|
|
|
|
|
|
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(b)
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Cash-settled derivative transactions
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Class of
relevant
security
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Product
description
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Nature of
dealing
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Number of
reference
securities
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Price per
unit
|
1p ordinary
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SWAP
|
Opening
Long
|
12
|
0.7840
GBP
|
1p ordinary
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SWAP
|
Opening
Long
|
641
|
0.7785
GBP
|
1p ordinary
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SWAP
|
Opening
Long
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1,519
|
0.7810
GBP
|
1p ordinary
|
SWAP
|
Opening
Long
|
1,693
|
0.7787
GBP
|
1p ordinary
|
SWAP
|
Opening
Long
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2,561
|
0.7819
GBP
|
1p ordinary
|
SWAP
|
Opening
Long
|
3,422
|
0.7809
GBP
|
1p ordinary
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SWAP
|
Opening
Long
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5,952
|
0.7767
GBP
|
1p ordinary
|
SWAP
|
Opening
Long
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13,147
|
0.7782
GBP
|
1p ordinary
|
SWAP
|
Opening
Long
|
13,336
|
0.7817
GBP
|
1p ordinary
|
SWAP
|
Opening
Long
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15,556
|
0.7794
GBP
|
1p ordinary
|
SWAP
|
Opening
Long
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21,400
|
0.7779
GBP
|
1p ordinary
|
SWAP
|
Opening
Long
|
27,751
|
0.7822
GBP
|
1p ordinary
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SWAP
|
Opening
Long
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46,812
|
0.7780
GBP
|
1p ordinary
|
SWAP
|
Opening
Long
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49,383
|
0.7813
GBP
|
1p ordinary
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CFD
|
Opening
Short
|
13
|
0.7776
GBP
|
1p ordinary
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CFD
|
Opening
Short
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2,053
|
0.7783
GBP
|
1p ordinary
|
CFD
|
Opening
Short
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17,845
|
0.7820
GBP
|
1p ordinary
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CFD
|
Opening
Short
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40,447
|
0.7780
GBP
|
1p ordinary
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CFD
|
Opening
Short
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45,614
|
0.7746
GBP
|
1p ordinary
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CFD
|
Opening
Short
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71,047
|
0.7787
GBP
|
|
|
|
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(c)
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Stock-settled derivative transactions (including
options)
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(i)
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Writing, selling, purchasing or varying
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Class
of
relevant
security
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Product
description
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Writing,
purchasing,
selling,
varying etc
|
Number
of
securities
to which
option
relates
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Exercise
price
per unit
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Type
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Expiry
date
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Option
money
paid/
received
per unit
|
|
|
|
|
|
|
|
|
|
|
|
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(ii)
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Exercising
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|
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Class of relevant
security
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Product
description
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Exercising/ exercised
against
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Number of
securities
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Exercise price per
unit
|
|
|
|
|
|
|
|
|
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(d)
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Other dealings (including subscribing for new
securities)
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Class of relevant
security
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Nature of
Dealings
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Details
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Price per unit (if
applicable)
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|
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4.
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OTHER INFORMATION
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(a)
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Indemnity and other dealings arrangements
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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:
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NONE
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(b)
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Agreements, arrangements or understandings relating to options
or derivatives
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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:
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NONE
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(c)
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Attachments
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Is
a Supplemental Form 8 (Open Positions) attached?
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NO
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Date of disclosure:
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17 Apr 2024
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Contact name:
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Large Holdings Regulatory
Operations
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Telephone number:
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020 3134
7213
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