t
Barclays Capital Securities Ltd, an exempt principal trader, disclosed its opening position and dealings in 1p ordinary shares of Balanced Commercial Property Trust Ltd on 26 June 2024. On this date, it purchased 74,944 shares and sold 318,402 shares, in addition to conducting various cash-settled derivative transactions. Following these dealings, its total interests stood at 2,435,622 shares (0.35%) and total short positions at 1,664,791 shares (0.24%).
| Date | 27 Jun 2024 |
| Time | 11:07:52 |
| Category | Holding(s) in company |
| ID | 1732U |
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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: |
26 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: |
445,678 |
0.06% |
1,049,141 |
0.15% |
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(2) Cash-settled derivatives: |
1,989,944 |
0.28% |
615,650 |
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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2,435,622 |
0.35% |
1,664,791 |
0.24% |
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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 |
74944 |
0.7810 GBP |
0.7760 GBP |
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1p ordinary |
Sale |
318402 |
0.7821 GBP |
0.7760 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 |
5,455 |
0.7810 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
2,084 |
0.7830 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
4,033 |
0.7769 GBP |
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1p ordinary |
CFD |
Decreasing Short |
12,533 |
0.7793 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
15,754 |
0.7777 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
16,981 |
0.7810 GBP |
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1p ordinary |
CFD |
Decreasing Short |
17,074 |
0.7794 GBP |
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1p ordinary |
SWAP |
Increasing Long |
82 |
0.7760 GBP |
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1p ordinary |
SWAP |
Increasing Long |
181 |
0.7778 GBP |
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1p ordinary |
SWAP |
Increasing Long |
1,426 |
0.7789 GBP |
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1p ordinary |
SWAP |
Increasing Long |
3,454 |
0.7809 GBP |
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1p ordinary |
SWAP |
Increasing Long |
15,304 |
0.7761 GBP |
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1p ordinary |
SWAP |
Increasing Long |
44,732 |
0.7766 GBP |
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1p ordinary |
SWAP |
Increasing Long |
132,735 |
0.7762 GBP |
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1p ordinary |
CFD |
Increasing Short |
4 |
0.7800 GBP |
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1p ordinary |
SWAP |
Increasing Short |
1,917 |
0.7790 GBP |
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1p ordinary |
CFD |
Increasing Short |
3,000 |
0.7792 GBP |
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1p ordinary |
CFD |
Increasing Short |
14,070 |
0.7810 GBP |
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1p ordinary |
SWAP |
Opening Long |
4 |
0.7775 GBP |
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1p ordinary |
SWAP |
Opening Long |
1,527 |
0.7802 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: |
27 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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