Form 8.5 (EPT/RI)-LondonMetric Property plc Amend

Released : 09 May 2025 15:28

RNS Number : 1369I
JPMorgan Securities Plc
09 May 2025
 

AMENDMENT

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:

7 May 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

1,862,084

 

2,330,328

1.9541 GBP

 

1.9540 GBP

1.9240 GBP

 

1.9240 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

 

 

 

1

 24,122

 16,689

 83,635

 14,857

 70,591

 2

 68,724

 4,206

 28,784

 2

 1

 6,998

 95,923

 81,110

 12,924

 9,435

 18,740

 245,617

 68

 4

 

 193,928

 404

 6,390

 23,044

 31,273

 18,853

 57

 

 1

 822,817

 1,990

 777

 12,661

 6,420

 193,614

 35,454

 34,145

 4,553

 15,926

 9,496

 1

 2

 3,740

 40,393

 10,098

 

 1,434

 600

 17,083

 2,869

 43,194

 1,174

 146,770

 676

 

 2,132

 1,937

 91,871

 

 6,390

 70,686

 14,795

 2,132

1.9270 GBP

1.9291 GBP

1.9303 GBP

1.9304 GBP

1.9305 GBP

1.9308 GBP

1.9315 GBP

1.9320 GBP

1.9322 GBP

1.9324 GBP

1.9335 GBP

1.9340 GBP

1.9342 GBP

1.9347 GBP

1.9363 GBP

1.9364 GBP

1.9365 GBP

1.9369 GBP

1.9370 GBP

1.9371 GBP

1.9375 GBP

 

1.9301 GBP

1.9320 GBP

1.9326 GBP

1.9340 GBP

1.9352 GBP

1.9367 GBP

1.9368 GBP

 

1.9260 GBP

1.9267 GBP

1.9271 GBP

1.9280 GBP

1.9291 GBP

1.9300 GBP

1.9301 GBP

1.9304 GBP

1.9306 GBP

1.9307 GBP

1.9308 GBP

1.9317 GBP

1.9320 GBP

1.9335 GBP

1.9347 GBP

1.9354 GBP

1.9364 GBP

 

1.9290 GBP

1.9305 GBP

1.9310 GBP

1.9370 GBP

1.9371 GBP

1.9382 GBP

1.9385 GBP

1.9541 GBP

 

1.9289 GBP

1.9321 GBP

1.9370 GBP

 

1.9271 GBP

1.9299 GBP

1.9303 GBP

1.9370 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:

9 May 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.

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