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Barclays Capital Securities Ltd disclosed its public opening position and dealings in 1p ordinary shares of Balanced Commercial Property Trust Ltd on August 30, 2024. Following these dealings, Barclays Capital Securities Ltd held a total interest of 1,538,730 shares (0.22%) and short positions of 716,675 shares (0.10%). On August 30, 2024, the firm purchased 525,792 shares at prices between 0.8584 GBP and 0.8680 GBP, and sold 381,774 shares at prices between 0.8565 GBP and 0.8650 GBP, along with various cash-settled derivative transactions.
| Date | 2 Sept 2024 |
| Time | 16:35:18 |
| Category | Holding(s) in company |
| ID | 5888C |
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FORM 8.5 (EPT/NON-RI) - Amendment to 2a |
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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: |
30 Aug 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: |
1,215,997 |
0.17% |
655,439 |
0.09% |
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(2) Cash-settled derivatives: |
322,733 |
0.05% |
61,236 |
0.01% |
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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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1,538,730 |
0.22% |
716,675 |
0.10% |
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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 |
525792 |
0.8680 GBP |
0.8584 GBP |
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1p ordinary |
Sale |
381774 |
0.8650 GBP |
0.8565 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 |
CFD |
Increasing Long |
333 |
0.8576 GBP |
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1p ordinary |
CFD |
Increasing Long |
25,911 |
0.8639 GBP |
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1p ordinary |
CFD |
Decreasing Long |
26,244 |
0.8584 GBP |
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1p ordinary |
CFD |
Decreasing Long |
10,253 |
0.8637 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
1,800 |
0.8569 GBP |
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1p ordinary |
SWAP |
Decreasing Long |
5,210 |
0.8629 GBP |
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1p ordinary |
SWAP |
Decreasing Long |
5,059 |
0.8605 GBP |
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1p ordinary |
SWAP |
Decreasing Long |
6,618 |
0.8640 GBP |
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1p ordinary |
SWAP |
Increasing Long |
94 |
0.8559 GBP |
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1p ordinary |
SWAP |
Increasing Long |
2,348 |
0.8569 GBP |
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1p ordinary |
SWAP |
Increasing Long |
75,834 |
0.8639 GBP |
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1p ordinary |
SWAP |
Decreasing Long |
1,023 |
0.8620 GBP |
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1p ordinary |
SWAP |
Decreasing Long |
16,275 |
0.8638 GBP |
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1p ordinary |
SWAP |
Decreasing Long |
134,114 |
0.8640 GBP |
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1p ordinary |
SWAP |
Decreasing Long |
20,029 |
0.8642 GBP |
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1p ordinary |
SWAP |
Decreasing Long |
1,241 |
0.8659 GBP |
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1p ordinary |
SWAP |
Opening Short |
12,932 |
0.8636 GBP |
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1p ordinary |
SWAP |
Increasing Short |
9,999 |
0.8640 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: |
02 Sep 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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