Form 8.5 EPT/Non RI SCHRODERS PLC

Barclays PLC

13 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				SCHRODERS PLC
	relevant securities this form relates:
(c)	Name of the party to the offer with which exempt				SCHRODERS PLC
	principal trader is connected
(d)	Date position held/dealing undertaken:				12 Feb 2026
(e)	In addition to the company in 1(b) above, is the exempt principal				NO
	trader making disclosures in respect of any other party to the offer?
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:				20p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			8,555,876	0.53%	7,182,056	0.45%
(2)	Cash-settled derivatives:
	and/or controlled:			4,267,713	0.26%	6,364,138	0.40%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			12,823,589	0.80%	13,546,194	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
20p ordinary		Purchase		7,902,784		5.9600  GBP	5.8600  GBP
20p ordinary		Sale		6,296,632		5.9600  GBP	5.8600  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
20p ordinary		SWAP		Opening Short		19,941	5.8810  GBP
20p ordinary		SWAP		Opening Long		124	5.8620  GBP
20p ordinary		SWAP		Increasing Long		129	5.8650  GBP
20p ordinary		SWAP		Increasing Long		10,176	5.8675  GBP
20p ordinary		SWAP		Increasing Long		318	5.8726  GBP
20p ordinary		SWAP		Increasing Long		3,421	5.8738  GBP
20p ordinary		SWAP		Increasing Long		69,307	5.8741  GBP
20p ordinary		SWAP		Increasing Long		16,564	5.8744  GBP
20p ordinary		SWAP		Increasing Long		198	5.8745  GBP
20p ordinary		SWAP		Increasing Long		173,234	5.8750  GBP
20p ordinary		SWAP		Increasing Long		677	5.8753  GBP
20p ordinary		SWAP		Increasing Long		881	5.8755  GBP
20p ordinary		SWAP		Increasing Long		45	5.8757  GBP
20p ordinary		SWAP		Increasing Long		52,060	5.8760  GBP
20p ordinary		SWAP		Increasing Long		10,926	5.8761  GBP
20p ordinary		SWAP		Increasing Long		286,496	5.8763  GBP
20p ordinary		SWAP		Increasing Long		13,700	5.8769  GBP
20p ordinary		SWAP		Increasing Long		35,393	5.8772  GBP
20p ordinary		SWAP		Increasing Long		89,287	5.8774  GBP
20p ordinary		SWAP		Increasing Long		43,056	5.8775  GBP
20p ordinary		SWAP		Increasing Long		12,451	5.8778  GBP
20p ordinary		SWAP		Increasing Long		48,629	5.8783  GBP
20p ordinary		SWAP		Increasing Long		731,261	5.8784  GBP
20p ordinary		SWAP		Increasing Long		136	5.8790  GBP
20p ordinary		SWAP		Increasing Long		312,388	5.8791  GBP
20p ordinary		SWAP		Increasing Long		222,062	5.8792  GBP
20p ordinary		SWAP		Increasing Long		4,731	5.8793  GBP
20p ordinary		SWAP		Increasing Long		550	5.8795  GBP
20p ordinary		SWAP		Increasing Long		59,278	5.8797  GBP
20p ordinary		SWAP		Increasing Long		5,439	5.8799  GBP
20p ordinary		SWAP		Increasing Long		112	5.8800  GBP
20p ordinary		SWAP		Increasing Long		8,184	5.8801  GBP
20p ordinary		SWAP		Increasing Long		1,243	5.8803  GBP
20p ordinary		SWAP		Increasing Long		14,674	5.8811  GBP
20p ordinary		SWAP		Increasing Long		1,819	5.8820  GBP
20p ordinary		SWAP		Increasing Long		146,839	5.8821  GBP
20p ordinary		SWAP		Increasing Long		37,316	5.8827  GBP
20p ordinary		SWAP		Increasing Long		100,601	5.8828  GBP
20p ordinary		SWAP		Increasing Long		24,366	5.8831  GBP
20p ordinary		SWAP		Increasing Long		33,645	5.8832  GBP
20p ordinary		SWAP		Increasing Long		89,136	5.8834  GBP
20p ordinary		SWAP		Increasing Long		56,863	5.8835  GBP
20p ordinary		SWAP		Increasing Long		14	5.8843  GBP
20p ordinary		SWAP		Increasing Long		470	5.8851  GBP
20p ordinary		SWAP		Increasing Long		131	5.8867  GBP
20p ordinary		SWAP		Increasing Long		172	5.8871  GBP
20p ordinary		SWAP		Increasing Long		89,129	5.8872  GBP
20p ordinary		SWAP		Increasing Long		163	5.8888  GBP
20p ordinary		SWAP		Increasing Long		844	5.8889  GBP
20p ordinary		SWAP		Increasing Long		15,385	5.8897  GBP
20p ordinary		SWAP		Increasing Long		62,385	5.9009  GBP
20p ordinary		SWAP		Increasing Long		140,073	5.9070  GBP
20p ordinary		SWAP		Increasing Long		70,803	5.9082  GBP
20p ordinary		SWAP		Increasing Long		251,400	5.9106  GBP
20p ordinary		SWAP		Increasing Long		56,895	5.9109  GBP
20p ordinary		SWAP		Increasing Long		40,000	5.9250  GBP
20p ordinary		SWAP		Increasing Long		27	5.9500  GBP
20p ordinary		SWAP		Increasing Long		11,511	5.9503  GBP
20p ordinary		SWAP		Decreasing Long		100,418	5.8641  GBP
20p ordinary		SWAP		Decreasing Long		10,176	5.8675  GBP
20p ordinary		SWAP		Decreasing Long		40,000	5.8729  GBP
20p ordinary		SWAP		Decreasing Long		591,723	5.8749  GBP
20p ordinary		SWAP		Decreasing Long		420,924	5.8750  GBP
20p ordinary		SWAP		Decreasing Long		103,291	5.8754  GBP
20p ordinary		SWAP		Decreasing Long		171,185	5.8758  GBP
20p ordinary		SWAP		Decreasing Long		36,226	5.8761  GBP
20p ordinary		SWAP		Decreasing Long		35	5.8767  GBP
20p ordinary		SWAP		Decreasing Long		11,600	5.8774  GBP
20p ordinary		SWAP		Decreasing Long		28,144	5.8780  GBP
20p ordinary		SWAP		Decreasing Long		19,212	5.8783  GBP
20p ordinary		SWAP		Decreasing Long		217,811	5.8784  GBP
20p ordinary		SWAP		Decreasing Long		49,514	5.8787  GBP
20p ordinary		SWAP		Decreasing Long		74	5.8788  GBP
20p ordinary		SWAP		Decreasing Long		86,207	5.8791  GBP
20p ordinary		SWAP		Decreasing Long		124,108	5.8796  GBP
20p ordinary		SWAP		Decreasing Long		15,146	5.8800  GBP
20p ordinary		SWAP		Decreasing Long		338,078	5.8801  GBP
20p ordinary		SWAP		Decreasing Long		206,426	5.8802  GBP
20p ordinary		SWAP		Decreasing Long		22,163	5.8803  GBP
20p ordinary		SWAP		Decreasing Long		94,539	5.8806  GBP
20p ordinary		SWAP		Decreasing Long		97,484	5.8812  GBP
20p ordinary		SWAP		Decreasing Long		282,892	5.8814  GBP
20p ordinary		SWAP		Decreasing Long		5,877	5.8815  GBP
20p ordinary		SWAP		Decreasing Long		220,264	5.8820  GBP
20p ordinary		SWAP		Decreasing Long		35,908	5.8837  GBP
20p ordinary		SWAP		Opening Short		134,191	5.8852  GBP
20p ordinary		SWAP		Increasing Short		40,565	5.8853  GBP
20p ordinary		SWAP		Increasing Short		124	5.8854  GBP
20p ordinary		SWAP		Increasing Short		284,913	5.8855  GBP
20p ordinary		SWAP		Increasing Short		34,374	5.8862  GBP
20p ordinary		SWAP		Increasing Short		3,865	5.8873  GBP
20p ordinary		SWAP		Increasing Short		16,731	5.8879  GBP
20p ordinary		SWAP		Increasing Short		175,558	5.8893  GBP
20p ordinary		SWAP		Increasing Short		317,030	5.8910  GBP
20p ordinary		SWAP		Increasing Short		227,659	5.8911  GBP
20p ordinary		SWAP		Increasing Short		261,231	5.8938  GBP
20p ordinary		SWAP		Increasing Short		7,844	5.8955  GBP
20p ordinary		SWAP		Increasing Short		49,595	5.8977  GBP
20p ordinary		SWAP		Increasing Short		23,388	5.8980  GBP
20p ordinary		SWAP		Increasing Short		29,581	5.8981  GBP
20p ordinary		SWAP		Increasing Short		16,744	5.8989  GBP
20p ordinary		SWAP		Increasing Short		31,225	5.9012  GBP
20p ordinary		SWAP		Increasing Short		1,298	5.9100  GBP
20p ordinary		SWAP		Increasing Short		36,415	5.9107  GBP
20p ordinary		SWAP		Increasing Short		53,608	5.9125  GBP
20p ordinary		SWAP		Increasing Short		1,257	5.9127  GBP
20p ordinary		SWAP		Increasing Short		787	5.9200  GBP
20p ordinary		SWAP		Increasing Short		137,982	5.9217  GBP
20p ordinary		SWAP		Increasing Short		25,054	5.9344  GBP
20p ordinary		SWAP		Increasing Short		78,663	5.9411  GBP
20p ordinary		SWAP		Increasing Short		84,281	5.9430  GBP
20p ordinary		SWAP		Increasing Short		162,944	5.9458  GBP
20p ordinary		SWAP		Increasing Short		78,663	5.9479  GBP
20p ordinary		SWAP		Increasing Short		78,663	5.9508  GBP
20p ordinary		CFD		Opening Long		236	5.8745  GBP
20p ordinary		CFD		Increasing Long		17,300	5.8748  GBP
20p ordinary		CFD		Increasing Long		4,600	5.8801  GBP
20p ordinary		CFD		Increasing Long		142,375	5.8858  GBP
20p ordinary		CFD		Increasing Long		58,808	5.8861  GBP
20p ordinary		CFD		Decreasing Long		5	5.8760  GBP
20p ordinary		CFD		Opening Short		231,557	5.8851  GBP
20p ordinary		CFD		Increasing Short		301,249	5.8854  GBP
20p ordinary		CFD		Increasing Short		78,566	5.8858  GBP
20p ordinary		CFD		Increasing Short		504,109	5.8891  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:				13 Feb 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END