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: |UK Commercial Property REIT Limited | |__________________________________________|___________________________________| |(b) Owner or controller of interests and | | |short positions disclosed, if different | | |from 1(a): | | | |N/A | |The naming of nominee or vehicle companies| | |is insufficient.For a trust, the trustee | | |(s), settlor and beneficiaries must be | | |named. | | |__________________________________________|___________________________________| |(c) Name of offeror/offeree in relation to| | |whose relevant securities this form | | |relates: |UK Commercial Property REIT Limited| | | | |Use a separate form for each | | |offeror/offeree | | |__________________________________________|___________________________________| |(d) Is the discloser the offeror or the |Offeree | |offeree? | | |__________________________________________|___________________________________| |(e) Date position held: | | | |19 March 2024 | |The latest 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 | | |offer? |Yes | | | | |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 | | |of25 pence each | |_____________________________________________________|_________________| | |Interest|Short | | | |position| | |________|________| | |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|None| |exists: | | |__________________________________________________________________|____| |Details, including nature of the rights concerned and relevant |None| |percentages: | | |__________________________________________________________________|____|
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: | |______________________________________________________________________________| |(a) 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| |Percentage of the total | | ||close relatives and related|Total number of UKCM|issued share capital of | | ||trusts) |ordinary shares held|UKCM (excluding treasury| | || | |shares) | | ||___________________________|____________________|________________________| | ||Peter Pereira Gray |154,845 |0.01% | | ||___________________________|____________________|________________________| | ||Michael Ayre |192,000 |0.01% | | ||___________________________|____________________|________________________| | ||Chris Fry |106,445 |0.00% | | ||___________________________|____________________|________________________| | ||Fionnuala Hogan |69,221 |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 |Percentage of the total issued| | ||Person |shares in which such person|share capital of UKCM | | || |is interested (through the |(excluding treasury shares) | | || |control 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| |____________________________________|__|
______________________________________________________________ | |20 March 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 .
