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Barclays Capital Securities Ltd. filed a Form 8.5 disclosure regarding its dealings and positions in 1p ordinary shares of Balanced Commercial Property Trust Ltd. on June 3, 2024. Following these dealings, the firm held a total interest of 2,258,497 shares (0.32%) and total short positions of 1,401,083 shares (0.20%). On the dealing date, Barclays Capital Securities Ltd. purchased 106,507 shares and sold 52,816 shares, alongside engaging in various cash-settled derivative transactions.
| Date | 4 Jun 2024 |
| Time | 11:35:16 |
| Category | Holding(s) in company |
| ID | 0645R |
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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. |
KEY INFORMATION |
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(a) |
Name of exempt principal trader: |
BARCLAYS CAPITAL SECURITIES LTD |
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(b) |
Name of offeror/offeree in relation to whose |
BALANCED COMMERCIAL PROPERTY TRUST LTD |
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(c) |
Name of the party to the offer with which exempt |
BALANCED COMMERCIAL PROPERTY TRUST LTD |
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(d) |
Date position held/dealing undertaken: |
03 Jun 2024 |
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(e) |
In addition to the company in 1(b) above, is the exempt principal |
NO |
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2. |
POSITIONS OF THE EXEMPT PRINCIPAL TRADER |
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(a) |
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: |
1p ordinary |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) Relevant securities owned and/or controlled: |
487,826 |
0.07% |
775,678 |
0.11% |
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(2) Cash-settled derivatives: |
1,770,671 |
0.25% |
625,405 |
0.09% |
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(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
0 |
0.00% |
0 |
0.00% |
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2,258,497 |
0.32% |
1,401,083 |
0.20% |
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(b) |
Rights to subscribe for new securities (including directors and other executive options) |
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Class of relevant security in relation to |
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Details, including nature of the rights |
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3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER |
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(a) |
Purchase and sales |
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Class of relevant |
Purchase/sale |
Total number of |
Highest price per unit |
Lowest price per unit |
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1p ordinary |
Purchase |
106507 |
0.8050 GBP |
0.7870 GBP |
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1p ordinary |
Sale |
52816 |
0.8050 GBP |
0.7881 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product description |
Nature of dealing |
Number of |
Price per |
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1p ordinary |
SWAP |
Decreasing Long |
2,286 |
0.8025 GBP |
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1p ordinary |
CFD |
Decreasing Long |
6,654 |
0.7870 GBP |
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1p ordinary |
SWAP |
Decreasing Long |
22,460 |
0.7980 GBP |
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1p ordinary |
CFD |
Decreasing Long |
23,949 |
0.7959 GBP |
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1p ordinary |
SWAP |
Decreasing Long |
24,470 |
0.8050 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
165 |
0.7887 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
2,390 |
0.8050 GBP |
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1p ordinary |
SWAP |
Increasing Long |
550 |
0.7897 GBP |
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1p ordinary |
SWAP |
Increasing Long |
671 |
0.7960 GBP |
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1p ordinary |
SWAP |
Increasing Long |
688 |
0.7881 GBP |
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1p ordinary |
SWAP |
Increasing Long |
2,235 |
0.7939 GBP |
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1p ordinary |
SWAP |
Increasing Long |
2,698 |
0.8049 GBP |
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1p ordinary |
CFD |
Increasing Long |
3,120 |
0.7902 GBP |
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1p ordinary |
CFD |
Increasing Long |
27,483 |
0.8050 GBP |
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1p ordinary |
SWAP |
Increasing Short |
124 |
0.7912 GBP |
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1p ordinary |
SWAP |
Increasing Short |
1,764 |
0.8030 GBP |
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1p ordinary |
SWAP |
Increasing Short |
2,984 |
0.8050 GBP |
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1p ordinary |
SWAP |
Increasing Short |
9,000 |
0.8009 GBP |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
04 Jun 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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