Please specify how you use this control, because without further information it is not clear what your problem is:
Notes:
Transparency works only on special LMD background controls (semi-transparency feature). I just tested on TLMDPanelFill Control and Transparent feature works fine (for the listbox content).
HeaderFont works only in non-themed/-styled modes (otherwise headerfont is defined by style/theme). Setting ThemeMode to ttmNone will make the headercontrol use the HeaderFont setting.
Unfortunately, we cannot reproduce your issues. Header fonts in ttmNone theme mode works fine. Transparency mode never worked above a form directly (as mentioned before, you need a special parent, like TLMDPanelFill).
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