Form 8.5 EPT/Non RI LONDONMETRIC PROPERTY PLC

Barclays PLC

12 February 2026

 

FORM 8.5 (EPT/NON-RI)
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN
EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS
(OR WHERE RI STATUS IS NOT APPLICABLE)
Rule 8.5 of the Takeover Code (the "Code")
1.				KEY INFORMATION
(a)	Name of exempt principal trader:				BARCLAYS CAPITAL SECURITIES LTD
(b)	Name of offeror/offeree in relation to whose				LONDONMETRIC PROPERTY PLC
	relevant securities this form relates:
(c)	Name of the party to the offer with which exempt				PICTON PROPERTY INCOME LTD
	principal trader is connected
(d)	Date position held/dealing undertaken:				11 Feb 2026
(e)	In addition to the company in 1(b) above, is the exempt principal				YES:
	trader making disclosures in respect of any other party to the offer?				PICTON PROPERTY INCOME LTD/THE
2.				POSITIONS OF THE EXEMPT PRINCIPAL TRADER
(a)	Interests and short positions in the relevant securities of the offeror or offeree
	to which the disclosure relates following the dealing (if any)
Class of relevant security:				LONDONMETRIC PROPERTY PLC
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			16,013,223	0.68%	11,143,837	0.48%
(2)	Cash-settled derivatives:
	and/or controlled:			9,892,008	0.42%	9,603,644	0.41%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			25,905,231	1.10%	20,747,481	0.88%
(b)	Rights to subscribe for new securities (including directors and other executive
	options)
Class of relevant security in relation to
which subscription right exists
Details, including nature of the rights
concerned and relevant percentages:
3.				DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER
(a)	Purchases and sales
Class of relevant		Purchase/sale		Total number of		Highest price per unit	Lowest price per unit
security				securities		paid/received	paid/received
LONDONMETRIC PROPERTY PLC		Purchase		2,511,860		2.0460  GBP	1.9995  GBP
LONDONMETRIC PROPERTY PLC		Sale		1,721,077		2.0440  GBP	1.9970  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
LONDONMETRIC PROPERTY PLC		SWAP		Opening Long		546,635	1.9980  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Increasing Long		2,154	2.0098  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Increasing Long		664	2.0120  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Increasing Long		1,919	2.0188  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Increasing Long		400	2.0189  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Increasing Long		21,540	2.0213  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Increasing Long		8,391	2.0220  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Increasing Long		75,698	2.0225  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Increasing Long		1,562	2.0260  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Increasing Long		24,978	2.0291  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Increasing Long		129,728	2.0398  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Increasing Long		1,391	2.0400  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Increasing Long		100	2.0419  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Increasing Long		29,277	2.0420  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		3,240	1.9986  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		51,207	2.0045  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		199,635	2.0058  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		113,000	2.0068  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		100	2.0120  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		52,280	2.0134  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		1,109	2.0135  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		500	2.0140  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		757	2.0146  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		3,164	2.0153  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		2,858	2.0163  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		15	2.0173  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		11,415	2.0175  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		101	2.0176  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		41,198	2.0177  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		5,280	2.0192  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		411	2.0194  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		1,334	2.0208  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		95	2.0226  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		40	2.0240  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		44,350	2.0241  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		19,295	2.0245  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		28	2.0248  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		69,736	2.0283  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		10	2.0292  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		60,861	2.0323  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		22	2.0338  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		181	2.0341  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		23,482	2.0349  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Decreasing Long		91,689	2.0373  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Opening Short		97,082	2.0374  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Increasing Short		63,400	2.0401  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Increasing Short		3,473	2.0410  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Increasing Short		127,187	2.0420  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Increasing Short		34,518	2.0421  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Increasing Short		463	2.0423  USD
LONDONMETRIC PROPERTY PLC		SWAP		Increasing Short		253,793	2.0424  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Increasing Short		757	2.0428  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Increasing Short		107,950	2.0453  GBP
LONDONMETRIC PROPERTY PLC		SWAP		Increasing Short		4,172	2.0454  GBP
LONDONMETRIC PROPERTY PLC		CFD		Opening Long		106,139	2.0116  GBP
LONDONMETRIC PROPERTY PLC		CFD		Increasing Long		4,770	2.0191  GBP
LONDONMETRIC PROPERTY PLC		CFD		Increasing Long		4,968	2.0418  GBP
LONDONMETRIC PROPERTY PLC		CFD		Decreasing Long		29,389	2.0263  GBP
LONDONMETRIC PROPERTY PLC		CFD		Decreasing Long		70,287	2.0394  GBP
(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						applicable)
4.				OTHER INFORMATION
(a)	Indemnity and other dealings 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:
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 of future acquisition or disposal of any relevant securities to which
any derivative is referenced:
NONE
(c)	Attachments
Is a Supplemental Form 8 (Open Positions) attached?				NO
Date of disclosure:				12 Feb 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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