Form 8.5 (EPT/RI)-LondonMetric Property plc
30th Apr 2025 11:25
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: | Corporate Broker to LondonMetric Property plc |
(d) Date dealing undertaken: | 29 April 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 this offer? If it is a cash offer or possible cash offer, state "N/A" | Yes , Urban Logistics 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 | 1,479,924
1,802,088 | 1.9271 GBP
1.9403 GBP | 1.9090 GBP
1.9090 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 | 28 43 14,736 200,452 173,100 79,940 17,050 9,751 11 640 20,688 34,153 73,035 25,163 4,756 5,084 3,380 1,947 2 14,998
843 67,007 62
45 13,098 190,808 835 1,430 53,070 18,251 11,561 939 659,539 2 2 140,300
30,161 1,834 315
5,175 93,979 5,472 14,818 12,007 350
290 30 17,493 95 975 7,090 3,518 281 23,210 47 8,792 91,946 2,867 13,532 1,800 | 1.9099 GBP 1.9123 GBP 1.9127 GBP 1.9130 GBP 1.9131 GBP 1.9132 GBP 1.9133 GBP 1.9149 GBP 1.9154 GBP 1.9169 GBP 1.9171 GBP 1.9175 GBP 1.9180 GBP 1.9182 GBP 1.9198 GBP 1.9201 GBP 1.9202 GBP 1.9216 GBP 1.9218 GBP 1.9250 GBP
1.9097 GBP 1.9122 GBP 1.9128 GBP
1.9100 GBP 1.9101 GBP 1.9128 GBP 1.9129 GBP 1.9130 GBP 1.9137 GBP 1.9148 GBP 1.9173 GBP 1.9190 GBP 1.9213 GBP 1.9217 GBP 1.9270 GBP 1.9403 GBP
1.9130 GBP 1.9250 GBP 1.9270 GBP
1.9110 GBP 1.9130 GBP 1.9184 GBP 1.9202 GBP 1.9216 GBP 1.9229 GBP
1.9102 GBP 1.9117 GBP 1.9130 GBP 1.9137 GBP 1.9139 GBP 1.9172 GBP 1.9194 GBP 1.9195 GBP 1.9203 GBP 1.9211 GBP 1.9212 GBP 1.9216 GBP 1.9238 GBP 1.9242 GBP 1.9271 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 |
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(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) |
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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
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(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
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| Date of disclosure: | 30 April 2025 |
| Contact name: | Hetvi Shah |
| Telephone number: | 44 2034 936359 |
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.