Form 8.5 EPT/Non RI SCHRODERS PLC

Barclays PLC

16 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:				13 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:			14,802,957	0.92%	3,389,767	0.21%
(2)	Cash-settled derivatives:
	and/or controlled:			2,029,715	0.13%	12,549,551	0.78%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			16,832,672	1.05%	15,939,318	0.99%
(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		12,342,575		5.8780  GBP	5.8429  GBP
20p ordinary		Sale		2,303,205		5.8805  GBP	5.8450  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		3,649,494	5.8458  GBP
20p ordinary		SWAP		Increasing Short		13,291	5.8529  GBP
20p ordinary		SWAP		Increasing Short		7,935	5.8530  GBP
20p ordinary		SWAP		Decreasing Short		8,750	5.8464  GBP
20p ordinary		SWAP		Decreasing Short		5,945	5.8471  GBP
20p ordinary		SWAP		Decreasing Short		4,530	5.8473  GBP
20p ordinary		SWAP		Decreasing Short		1,158	5.8511  GBP
20p ordinary		SWAP		Decreasing Short		15,192	5.8513  GBP
20p ordinary		SWAP		Decreasing Short		39,750	5.8515  GBP
20p ordinary		SWAP		Decreasing Short		60,422	5.8516  GBP
20p ordinary		SWAP		Decreasing Short		26,830	5.8522  GBP
20p ordinary		SWAP		Decreasing Short		3,585	5.8526  GBP
20p ordinary		SWAP		Decreasing Short		72,556	5.8533  GBP
20p ordinary		SWAP		Decreasing Short		16,596	5.8537  GBP
20p ordinary		SWAP		Decreasing Short		10,308	5.8537  USD
20p ordinary		SWAP		Decreasing Short		15,696	5.8538  GBP
20p ordinary		SWAP		Decreasing Short		8,262	5.8538  USD
20p ordinary		SWAP		Decreasing Short		22,533	5.8542  GBP
20p ordinary		SWAP		Opening Long		60,000	5.8545  GBP
20p ordinary		SWAP		Increasing Long		64,855	5.8547  GBP
20p ordinary		SWAP		Increasing Long		140,388	5.8550  GBP
20p ordinary		SWAP		Increasing Long		13,845	5.8551  GBP
20p ordinary		SWAP		Increasing Long		268,884	5.8559  GBP
20p ordinary		SWAP		Increasing Long		1,093	5.8560  GBP
20p ordinary		SWAP		Increasing Long		13,589	5.8561  GBP
20p ordinary		SWAP		Increasing Long		8,344	5.8568  GBP
20p ordinary		SWAP		Increasing Long		8,503	5.8569  GBP
20p ordinary		SWAP		Increasing Long		18,699	5.8574  GBP
20p ordinary		SWAP		Increasing Long		42,155	5.8593  GBP
20p ordinary		SWAP		Increasing Long		326,435	5.8603  GBP
20p ordinary		SWAP		Increasing Long		73,908	5.8615  GBP
20p ordinary		SWAP		Increasing Long		30,633	5.8626  GBP
20p ordinary		SWAP		Increasing Long		1,365	5.8637  GBP
20p ordinary		SWAP		Increasing Long		26,179	5.8660  GBP
20p ordinary		SWAP		Increasing Long		14	5.8723  GBP
20p ordinary		SWAP		Increasing Long		1,385	5.8750  GBP
20p ordinary		SWAP		Decreasing Long		950,000	5.8429  GBP
20p ordinary		SWAP		Opening Short		317,000	5.8457  GBP
20p ordinary		SWAP		Increasing Short		4,544	5.8476  GBP
20p ordinary		SWAP		Increasing Short		2,000,000	5.8479  GBP
20p ordinary		SWAP		Increasing Short		21,540	5.8495  GBP
20p ordinary		SWAP		Increasing Short		3,209	5.8500  GBP
20p ordinary		SWAP		Increasing Short		1,152	5.8507  GBP
20p ordinary		SWAP		Increasing Short		14,853	5.8515  GBP
20p ordinary		SWAP		Increasing Short		114	5.8519  GBP
20p ordinary		SWAP		Increasing Short		69,910	5.8522  GBP
20p ordinary		SWAP		Increasing Short		85,869	5.8523  GBP
20p ordinary		SWAP		Increasing Short		2,016	5.8524  GBP
20p ordinary		SWAP		Increasing Short		596	5.8525  GBP
20p ordinary		SWAP		Increasing Short		24,468	5.8526  GBP
20p ordinary		SWAP		Increasing Short		744,799	5.8529  GBP
20p ordinary		SWAP		Increasing Short		100,084	5.8531  GBP
20p ordinary		SWAP		Increasing Short		22,813	5.8533  GBP
20p ordinary		SWAP		Increasing Short		170,024	5.8534  GBP
20p ordinary		SWAP		Increasing Short		1,578,498	5.8540  GBP
20p ordinary		SWAP		Increasing Short		15,864	5.8544  GBP
20p ordinary		SWAP		Increasing Short		449,921	5.8550  GBP
20p ordinary		SWAP		Increasing Short		177,537	5.8552  GBP
20p ordinary		SWAP		Increasing Short		113,619	5.8553  GBP
20p ordinary		SWAP		Increasing Short		320,000	5.8554  GBP
20p ordinary		SWAP		Increasing Short		387,098	5.8563  GBP
20p ordinary		SWAP		Increasing Short		123,507	5.8565  GBP
20p ordinary		SWAP		Increasing Short		90,000	5.8572  GBP
20p ordinary		SWAP		Increasing Short		6,147	5.8637  GBP
20p ordinary		SWAP		Increasing Short		200,000	5.8641  GBP
20p ordinary		SWAP		Increasing Short		1,706	5.8646  GBP
20p ordinary		SWAP		Increasing Short		9,374	5.8752  GBP
20p ordinary		CFD		Decreasing Short		121,152	5.8498  GBP
20p ordinary		CFD		Decreasing Short		165,726	5.8532  GBP
20p ordinary		CFD		Decreasing Short		4,613	5.8550  GBP
20p ordinary		CFD		Decreasing Short		2,491	5.8594  GBP
20p ordinary		CFD		Decreasing Short		3,004	5.8723  GBP
20p ordinary		CFD		Decreasing Short		24,624	5.8799  GBP
20p ordinary		CFD		Opening Long		1,554,165	5.9141  GBP
20p ordinary		CFD		Decreasing Long		7,667	5.8566  GBP
20p ordinary		CFD		Decreasing Long		11,729	5.8820  GBP
20p ordinary		CFD		Decreasing Long		15,195	5.8829  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:				16 Feb 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END