RNS Number : 8324F
JPMorgan Securities Plc
06 March 2024
 

FORM 8.5 (EPT/RI)

 

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the "Code")

 

1.         KEY INFORMATION

 

(a) Name of exempt principal trader:

J.P. Morgan Securities Plc

(b) Name of offeror/offeree in relation to whose relevant securities this form relates:

     Use a separate form for each offeror/offeree

LondonMetric Property plc

(c) Name of the party to the offer with which exempt principal trader is connected:

Financial Advisor and joint Corporate Broker to LondonMetric Property Plc

(d) Date dealing undertaken:

5 March 2024

(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?

     If it is a cash offer or possible cash offer, state "N/A"

Yes, LXi REIT plc

 

2.         DEALINGS BY THE EXEMPT PRINCIPAL TRADER

 

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

 

The currency of all prices and other monetary amounts should be stated.

 

(a)        Purchases and sales

 

Class of relevant security

Purchases/ sales

 

Total number of securities

Highest price per unit paid/received

Lowest price per unit paid/received

10p ordinary

Purchase

 

Sale

1,005,669

 

1,135,187

1.8580 GBP

 

1.8580 GBP

1.8300 GBP

 

1.8300 GBP

 

(b)        Cash-settled derivative transactions

 

Class of relevant security

Product description

e.g. CFD

Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position

Number of reference securities

Price per unit

10p ordinary

Equity Swap

Decrease Long

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Decrease Short

 

 

 

 

 

 

 

 

Increase Long

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Increase Short

 

 

 

 

 

Opening a Long Position

 

 

 

 

 

 

Opening a Short Position

 

 

 

340,444

59,554

78,912

2,126,436

341,000

293,608

75,192

19,246

1,414

83,174

1,138

1,358

16,297

827

15,355

4

6,329

5,075

19

1,815

389

884,421

126,884

2,557

119

1,501

 

265,998

21,407

1

10,394

5,930

2

5,834

695

 

2,047,829

84

2,762

15,689

405

1,473

4,460

502

870

859

332,956

1,421

1,815

1,239

23,727

128,301

907

 

99,910

445

2

139,139

2,242

 

404,939

13,171

43,496

110

24,398

12,758

 

 

38,812

1,820

11,351

760,481

TBD

1.8009 GBP

1.8011 GBP

1.8062 GBP

1.8225 GBP

1.8262 GBP

1.8346 GBP

1.8419 GBP

1.8431 GBP

1.8440 GBP

1.8441 GBP

1.8468 GBP

1.8501 GBP

1.8513 GBP

1.8527 GBP

1.8530 GBP

1.8531 GBP

1.8532 GBP

1.8540 GBP

1.8541 GBP

1.8543 GBP

1.8568 GBP

1.8577 GBP

1.8580 GBP

2.2716 GBP

2.5237 GBP

 

1.8009 GBP

1.8010 GBP

1.8300 GBP

1.8419 GBP

1.8457 GBP

1.8525 GBP

1.8545 GBP

1.8579 GBP

 

1.7222 GBP

1.8041 GBP

1.8310 GBP

1.8335 GBP

1.8340 GBP

1.8413 GBP

1.8421 GBP

1.8471 GBP

1.8492 GBP

1.8500 GBP

1.8506 GBP

1.8538 GBP

1.8541 GBP

1.8550 GBP

1.8579 GBP

1.8580 GBP

2.6056 GBP

 

TBD

1.8330 GBP

1.8425 GBP

1.8524 GBP

1.8535 GBP

 

TBD

1.8329 GBP

1.8419 GBP

1.8500 GBP

1.8508 GBP

1.8514 GBP

 

 

1.8010 GBP

1.8525 GBP

1.8580 GBP

1.8582 GBP

 

(c)        Stock-settled derivative transactions (including options)

 

(i)         Writing, selling, purchasing or varying

 

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type

e.g. American, European etc.

Expiry date

Option money paid/ received per unit









 

(ii)        Exercise

 

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

 

 

 

 

 

 

 

(d)        Other dealings (including subscribing for new securities)

 

Class of relevant security

Nature of dealing

e.g. subscription, conversion

Details

Price per unit (if applicable)

 

 

 

 

 

 

3.         OTHER INFORMATION

 

(a)        Indemnity and other dealing 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:

Irrevocable commitments and letters of intent should not be included.  If there are no such agreements, arrangements or understandings, state "none"

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 or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

None

 

 

 

Date of disclosure:

6 March 2024
Contact name:

Natasha Mondon
Telephone number:

01202 325175

 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. 

 

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

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
 
 
FEREAFDKEAKLEFA
Londonmetric Property (LSE:LMP)
Historical Stock Chart
From Jan 2025 to Feb 2025 Click Here for more Londonmetric Property Charts.
Londonmetric Property (LSE:LMP)
Historical Stock Chart
From Feb 2024 to Feb 2025 Click Here for more Londonmetric Property Charts.