Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

19 May 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:			18 May 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:				11,046,625	0.47%	6,153,103	0.26%
(2) Cash-settled derivatives:				7,164,599	0.31%	7,889,032	0.34%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				18,211,224	0.78%	14,042,135	0.60%
Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,521,021	0.31%	654,513	0.13%
(2) Cash-settled derivatives:				98,028	0.02%	1,079,109	0.22%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,619,049	0.33%	1,733,622	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	1286509	1.8466  GBP	1.8140  GBP
LondonMetric Property plc 10p ordinary	Sale	1170741	1.8460  GBP	1.8130  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	24093	0.4742  GBP	0.4607  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	57699	0.4742  GBP	0.4610  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	81,517	1.8235  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	12,585	1.8238  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	549	1.8249  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	62,865	1.8254  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	7,999	1.8266  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	28,378	1.8280  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	40,709	1.8304  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	3,787	1.8322  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	16,474	1.8359  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	5,086	1.8400  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	35,098	1.8416  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	11,021	1.8417  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	6,389	1.8419  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	51,602	1.8420  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	12,762	1.8423  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	2,524	1.8174  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	86,353	1.8183  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	7,326	1.8194  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	5,596	1.8226  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	7,630	1.8239  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	3,333	1.8240  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	1,923	1.8267  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	1,335	1.8281  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	413	1.8303  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	48	1.8310  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	3,713	1.8347  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	27,023	1.8369  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	16,835	1.8372  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	13,459	1.8377  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	57,104	1.8385  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	28,907	1.8419  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	6,148	1.8420  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	25,047	1.8421  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	3,837	1.8423  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	9,623	1.8434  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	18,685	0.4650  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	78	0.4685  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	25	0.4687  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	2,016	0.4690  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	2,278	0.4610  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	5,398	0.4629  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	17,871	0.4715  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Short	1,242	0.4607  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Short	6,487	0.4690  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Short	664	0.4720  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	1,468	1.8129  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	3,352	1.8248  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	3,633	1.8297  GBP
LondonMetric Property plc 10p ordinary	CFD	Opening Short	156,537	1.8304  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	29,648	1.8420  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	2,417	1.8421  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:				19 May 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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