Form 8.5 EPT/Non RI LONDONMETRIC PROPERTY PLC

Barclays PLC

17 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:				16 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 LIMITED
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:				10p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			13,150,792	0.56%	13,027,869	0.56%
(2)	Cash-settled derivatives:
	and/or controlled:			11,908,143	0.51%	6,683,288	0.29%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			25,058,935	1.07%	19,711,157	0.84%
(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
10p ordinary		Purchase		1,316,993		2.1260  GBP	2.0940  GBP
10p ordinary		Sale		3,375,882		2.1260  GBP	2.0940  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
10p ordinary		SWAP		Increasing Long		6,226	2.0977  GBP
10p ordinary		SWAP		Increasing Long		14,623	2.0978  GBP
10p ordinary		SWAP		Increasing Long		1,579,730	2.0980  GBP
10p ordinary		SWAP		Increasing Long		19,657	2.0999  GBP
10p ordinary		SWAP		Increasing Long		19	2.1062  GBP
10p ordinary		SWAP		Increasing Long		1,266	2.1081  GBP
10p ordinary		SWAP		Increasing Long		92,177	2.1098  GBP
10p ordinary		SWAP		Increasing Long		87,277	2.1112  GBP
10p ordinary		SWAP		Increasing Long		27,907	2.1113  GBP
10p ordinary		SWAP		Increasing Long		11,295	2.1124  GBP
10p ordinary		SWAP		Increasing Long		16,646	2.1130  GBP
10p ordinary		SWAP		Increasing Long		26,887	2.1131  GBP
10p ordinary		SWAP		Increasing Long		561	2.1132  GBP
10p ordinary		SWAP		Increasing Long		22,838	2.1136  GBP
10p ordinary		SWAP		Increasing Long		75,382	2.1140  GBP
10p ordinary		SWAP		Increasing Long		104,261	2.1153  GBP
10p ordinary		SWAP		Increasing Long		14,572	2.1157  GBP
10p ordinary		SWAP		Increasing Long		5,800	2.1166  GBP
10p ordinary		SWAP		Increasing Long		4,123	2.1172  GBP
10p ordinary		SWAP		Increasing Long		78	2.1238  GBP
10p ordinary		SWAP		Decreasing Long		120	2.0970  GBP
10p ordinary		SWAP		Decreasing Long		7,034	2.0979  GBP
10p ordinary		SWAP		Decreasing Long		2,482	2.0980  GBP
10p ordinary		SWAP		Decreasing Long		54,860	2.0981  GBP
10p ordinary		SWAP		Decreasing Long		33,423	2.0990  GBP
10p ordinary		SWAP		Decreasing Long		20	2.1016  GBP
10p ordinary		SWAP		Decreasing Long		6,394	2.1073  GBP
10p ordinary		SWAP		Decreasing Long		42,979	2.1079  GBP
10p ordinary		SWAP		Decreasing Long		77	2.1081  GBP
10p ordinary		SWAP		Decreasing Long		41	2.1096  GBP
10p ordinary		SWAP		Decreasing Long		36	2.1100  GBP
10p ordinary		SWAP		Decreasing Long		2,218	2.1110  GBP
10p ordinary		SWAP		Decreasing Long		4,346	2.1121  GBP
10p ordinary		SWAP		Decreasing Long		562	2.1124  GBP
10p ordinary		SWAP		Decreasing Long		161	2.1139  GBP
10p ordinary		SWAP		Decreasing Long		39	2.1141  GBP
10p ordinary		SWAP		Decreasing Long		28	2.1142  GBP
10p ordinary		SWAP		Decreasing Long		144	2.1167  GBP
10p ordinary		SWAP		Decreasing Long		1,130	2.1240  GBP
10p ordinary		CFD		Opening Long		121,661	2.0980  GBP
10p ordinary		CFD		Increasing Long		15,949	2.1076  GBP
10p ordinary		CFD		Increasing Long		1,528	2.1099  GBP
10p ordinary		CFD		Increasing Long		7,092	2.1102  GBP
10p ordinary		CFD		Increasing Long		52,208	2.1158  GBP
10p ordinary		CFD		Increasing Long		28,929	2.1171  GBP
10p ordinary		CFD		Increasing Long		3,631	2.1238  GBP
10p ordinary		CFD		Decreasing Long		8,979	2.0981  GBP
10p ordinary		CFD		Decreasing Long		5,566	2.1071  GBP
10p ordinary		CFD		Decreasing Long		5,647	2.1072  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:				17 Feb 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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