UK Commercial Property REIT Ltd - Form 8 (OPD) - UK Commercial Property REIT Ltd
I FORM 8 (OPD)
PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER
Rules 8.1 and 8.2 of the Takeover Code (the “Code”)
1. KEY INFORMATION
(a) Full name of discloser:(b) Owner or controller of interests and short positions disclosed, if different from 1(a):The naming of nominee or vehicle N/A companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) UK Commercial Property REIT Limited Name of offeror/offeree in relation to whose relevant securities this formUK Commercial Property REIT Limited relates:Use a separate form for each offeror/offeree (d) Is the discloser the offeror or the Offeree offeree? (e) Date position held:The latest26 February 2024 practicable date prior to the disclosure (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the Yes offer?If it is a cash offer or possible cash offer, state “N/A”
2. POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates
Class of relevant security: Ordinary shares
of 25 pence each
InterestsShort
positions
Number % Number %
(1) Relevant securities owned and/or controlled: Nil 0 Nil 0
(2) Cash-settled derivatives: Nil 0 Nil 0
(3) Stock-settled derivatives (including options) and Nil 0 Nil 0
agreements to purchase/sell:
TOTAL: Nil 0 Nil 0
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).
(b) Rights to subscribe for new securities
Class of relevant security in relation to which subscription right exists: None Details, including nature of the rights concerned and relevant percentages: None
3. POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE
Details of any interests, short positions and rights to subscribe (including directors’ and other employee options) of any person acting in concert with the party to the offer making the disclosure: 1. Interests of the directors ofUK Commercial Property REIT Limited ("UKCM") in ordinary shares of25 pence each in UKCM (including their close relatives and related trusts) Director of UKCM (and their Total number of UKCM Percentage of the total close relatives and related ordinary shares held issued share capital of UKCM trusts) (excluding treasury shares) Peter Pereira Gray 153,746 0.01% Michael Ayre 192,000 0.01% Chris Fry 106,445 0.00% Fionnuala Hogan 64,034 0.00% Margaret Littlejohns 60,000 0.00% (b) Interests of other persons acting in concert with UKCM in UKCM's ordinary shares of25 pence each Number of UKCM ordinary shares Percentage of the total issued Person in which such person is share capital of UKCM interested (through the control (excluding treasury shares) of voting rights) DBX Advisors LLC 570,882 0.04%
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).
4. 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 party to the offer making the disclosure or any person acting in concert with it: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 party to the offer making the disclosure, or any person acting in concert with it, 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.
(c) Attachments
Are any Supplemental Forms attached?
Supplemental Form 8 (Open Positions) No Supplemental Form 8 (SBL) No
27 February 2024
Date of disclosure:
Margaret Littlejohns (via Rothschild & Co)
Contact name:
+44 (0) 20 7280 5000
Telephone number:
Public disclosures under Rule 8 of the Code must be made to a
The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk .
