Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

29 April 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  relevant securities this form relates:			A CONSORTIUM COMPRISING LONDONMETRIC PROPERTY PLC AND SCHRODER REAL ESTATE INVESTMENT TRUST LIMITED
(c)	Name of the party to the offer with which exempt  principal trader is connected			A CONSORTIUM COMPRISING LONDONMETRIC PROPERTY PLC AND SCHRODER REAL ESTATE INVESTMENT TRUST LIMITED
(d)	Date position held/dealing undertaken:			28 Apr 2026
(e)	In addition to the company in 1(b) above, is the exempt principal  trader making disclosures in respect of any other party to the offer?			YES:  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:				LondonMetric Property plc 10p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				10,740,426	0.46%	7,934,242	0.34%
(2) Cash-settled derivatives:				8,729,957	0.37%	7,061,938	0.30%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				19,470,383	0.83%	14,996,180	0.64%
Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,575,457	0.32%	327,263	0.07%
(2) Cash-settled derivatives:				0	0.00%	1,388,494	0.28%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,575,457	0.32%	1,715,757	0.35%
(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)	Purchase and sales
Class of relevant  security	Purchase/sale	Total number of  securities	Highest price per unit  paid/received	Lowest price per unit  paid/received
LondonMetric Property plc 10p ordinary	Purchase	873112	1.9127  GBP	1.8935  GBP
LondonMetric Property plc 10p ordinary	Sale	2751412	1.9200  GBP	1.8935  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	82022	0.4835  GBP	0.4750  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	64796	0.4823  GBP	0.4730  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	1,103	1.8939  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	1,972	1.8980  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	5,827	1.8989  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	11,247	1.9011  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	65,701	1.9020  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	122,882	1.9025  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	29,765	1.9030  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	11,396	1.9033  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	70,818	1.9035  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	17,649	1.9045  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	3,063	1.9046  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	64,183	1.9049  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Long	1,492,723	1.9050  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	132,696	1.9053  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	53	1.9055  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	4,948	1.9059  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	27,007	1.9070  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	105	1.9199  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	10,749	1.8983  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	894	1.9017  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	22,553	1.9020  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	133	1.9023  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	292	1.9032  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	73,501	1.9034  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	53	1.9035  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	26,983	1.9049  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	27,264	1.9050  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	45	1.9052  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	42,007	1.9053  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1,022	1.9060  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	89,102	1.9062  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1,906	1.9110  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	5,810	0.4770  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	4,234	0.4809  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	3,477	0.4817  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	24,458	0.4750  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	2	0.4790  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	7,910	0.4796  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Short	19,513	0.4750  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	1,842	1.8941  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	1	1.9000  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	14,322	1.9032  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	60,153	1.9053  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	56,216	1.9044  GBP
(c)	Stock-settled derivative transactions  (including options)
(i)	Writing, selling, purchasing or varying
Class  of  relevant  security	Product  description	Writing,  purchasing,  selling,  varying etc	Number  of  securities  to which  option  relates	Exercise  price  per unit	Type	Expiry  date	Option  money  paid/  received  per unit
(ii)	Exercising
Class of relevant  security	Product description	Exercising/ exercised against	Number of  securities	Exercise price per  unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant  security	Nature of Dealings	Details	Price per unit (if  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:				29 Apr 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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