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

Released : 13 May 2025 15:14

RNS Number : 5074I
JPMorgan Securities Plc
13 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:

6 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

880,669

 

1,199,737

1.9631 GBP

 

1.9630 GBP

1.9430 GBP

 

1.9429 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

 

 

 

 

 

 

 

119

 6,891

 18,188

 20,133

 11,820

 12,898

 97,508

 10,179

 26,056

 10,405

 2,916

 82,813

 2,443

 

 6,082

 57

 137,141

 

 749

 869

 3,308

 33,243

 20,825

 11,940

 23,401

 38,445

 12,712

 104

 75,981

 52,238

 100,775

 10,450

 7,161

 43,888

 33,835

 

 2,322

 10,724

 7,096

 

 294

 2,522

 5,130

 112,240

 139,253

 

 10,700

 49,077

 2,746

 3,061

 19,078

 94,099

 5,424

1.9481 GBP

1.9533 GBP

1.9548 GBP

1.9558 GBP

1.9567 GBP

1.9576 GBP

1.9582 GBP

1.9607 GBP

1.9610 GBP

1.9627 GBP

1.9628 GBP

1.9630 GBP

1.9631 GBP

 

1.9538 GBP

1.9628 GBP

1.9629 GBP

 

1.9490 GBP

1.9520 GBP

1.9522 GBP

1.9532 GBP

1.9534 GBP

1.9537 GBP

1.9547 GBP

1.9556 GBP

1.9573 GBP

1.9577 GBP

1.9582 GBP

1.9586 GBP

1.9600 GBP

1.9615 GBP

1.9616 GBP

1.9626 GBP

1.9630 GBP

 

1.9431 GBP

1.9478 GBP

1.9559 GBP

 

1.9524 GBP

1.9530 GBP

1.9540 GBP

1.9602 GBP

1.9630 GBP

 

1.9481 GBP

1.9516 GBP

1.9540 GBP

1.9553 GBP

1.9575 GBP

1.9602 GBP

1.9630 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:

13 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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