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Oriel Securities Ld Form 8.5 (EPT/RI)

  Oriel Securities Ld - Form 8.5 (EPT/RI)

RNS Number : 4582R
Oriel Securities Limited
19 November 2012


                                                             FORM 8.5 (EPT/RI)

                                      

   PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED
           INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

                  Rule 8.5 of the Takeover Code (the "Code")

                                      

1. KEY INFORMATION



(a) Name of exempt principal trader:               ORIEL SECURITIES LIMITED
(b) Name of offeror/offeree in relation to whose   METRIC PROPERTY INVESTMENTS
relevant securities this form relates:             PLC

 Use a separate form for each offeror/offeree
(c) Name of the party to the offer with which      METRIC PROPERTY INVESTMENTS
exempt principal trader is connected:              PLC
(d) Date dealing undertaken:                       16 NOVEMBER 2012
(e) Has the EPT previously disclosed, or is it     NO
today disclosing, under the Code in respect of any
other party to this offer?                         



2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER



(a) Purchases and sales



 Class of   Purchases/ Total number   Highest price per unit  Lowest price per
 relevant     sales    of securities      paid/received             unit
 security                                                      paid/received
                
1p Ordinary  Purchase      3,931               99p                  99p



(b) Derivatives transactions (other than options)



Class of   Product              Nature of dealing             Number of  Price
relevant description                                          reference   per
security                e.g. opening/closing a long/short     securities unit
          e.g. CFD       position, increasing/reducing a
                               long/short position
n/a      n/a         n/a                                      n/a        n/a

                                                                         



(c) Options transactions in respect of existing securities



(i) Writing, selling, purchasing or varying



Class of   Product    Writing,   Number of  Exercise   Type    Expiry  Option
relevant description purchasing, securities  price              date   money
security  e.g. call   selling,    to which  per unit   e.g.            paid/
           option      varying     option            American,        received
                        etc.      relates            European         per unit
                                                       etc.
n/a      n/a         n/a         n/a        n/a      n/a       n/a    n/a

                                            



(ii) Exercising



 Class of relevant  Product description      Number of      Exercise price per
     security                               securities             unit
                     e.g. call option
n/a                 n/a                 n/a                 n/a

                                                            



(d) Other dealings (including subscribing for new securities)



 Class of relevant       Nature of dealing     Details   Price per unit (if
      security                                               applicable)
                        e.g. subscription,
                            conversion
n/a                  n/a                       n/a     n/a

                                                       



The currency of all prices and other monetary amounts should be stated.



Where there have been dealings in  more than one class of relevant  securities 
of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d)  (as 
appropriate) for each additional class of relevant security dealt in.



3. 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 exempt
principal trader making the disclosure and any party to the offer or any
person acting in concert with a party to the offer:

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 exempt principal trader making the disclosure 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







        Date of disclosure: 19 November 2012
        Contact name:       Julia Truscott
        Telephone number:   020 7710 7600



Public disclosures under  Rule 8  of the  Code must  be made  to a  Regulatory 
Information Service  and  must  also  be emailed  to  the  Takeover  Panel  at 
monitoring@disclosure.org.uk.  The  Panel's   Market  Surveillance  Unit   is 
available for  consultation  in  relation to  the  Code's  dealing  disclosure 
requirements on +44 (0)20 7638 0129.



The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


FERBDBDBIDBBGDC -0- Nov/19/2012 12:29 GMT
 
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