Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

09 June 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				A CONSORTIUM COMPRISING LONDONMETRIC PROPERTY PLC AND SCHRODER REAL ESTATE INVESTMENT TRUST LIMITED
	relevant securities this form relates:
(c)	Name of the party to the offer with which exempt				A CONSORTIUM COMPRISING LONDONMETRIC PROPERTY PLC AND SCHRODER REAL ESTATE INVESTMENT TRUST LIMITED
	principal trader is connected
(d)	Date position held/dealing undertaken:				08 Jun 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:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			1,440,281	0.29%	565,330	0.12%
(2)	Cash-settled derivatives:
	and/or controlled:			116,523	0.02%	998,233	0.20%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			1,556,804	0.32%	1,563,563	0.32%
Class of relevant security:				LondonMetric Property plc 10p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			10,924,872	0.47%	4,860,373	0.21%
(2)	Cash-settled derivatives:
	and/or controlled:			6,098,923	0.26%	7,935,400	0.34%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			17,023,795	0.73%	12,795,773	0.55%
(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
Schroder Real Estate Investment Trust Limited ordinary NPV		Purchase		49,459		0.4750  GBP	0.4687  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		Sale		80,166		0.4750  GBP	0.4709  GBP
LondonMetric Property plc 10p ordinary		Purchase		4,040,534		1.8050  GBP	1.7790  GBP
LondonMetric Property plc 10p ordinary		Sale		2,397,950		1.8050  GBP	1.7780  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
Schroder Real Estate Investment Trust Limited ordinary NPV		SWAP		Decreasing Short		24	0.4720  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		SWAP		Decreasing Short		76	0.4720  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		CFD		Decreasing Long		1,147	0.4708  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		CFD		Decreasing Long		13,878	0.4687  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		SWAP		Decreasing Short		3,610	0.4720  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		SWAP		Decreasing Short		5,591	0.4720  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		CFD		Increasing Long		2,217	0.4729  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		CFD		Increasing Long		34,060	0.4709  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		30	1.7800  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		488	1.7865  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		1,393	1.7926  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		40,688	1.7968  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		29,160	1.7944  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		10,740	1.7927  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		3,364	1.7956  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		128,225	1.7890  GBP
LondonMetric Property plc 10p ordinary		SWAP		Opening Long		15,587	1.7969  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		19,555	1.7960  GBP
LondonMetric Property plc 10p ordinary		SWAP		Opening Long		698	1.7940  GBP
LondonMetric Property plc 10p ordinary		SWAP		Opening Long		1	1.7900  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		21,240	1.7891  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		73,249	1.7898  GBP
LondonMetric Property plc 10p ordinary		CFD		Increasing Long		2,299	1.7938  GBP
LondonMetric Property plc 10p ordinary		CFD		Increasing Long		127	1.7858  GBP
LondonMetric Property plc 10p ordinary		CFD		Increasing Short		45,723	1.7970  GBP
LondonMetric Property plc 10p ordinary		CFD		Decreasing Long		6,120	1.7971  GBP
LondonMetric Property plc 10p ordinary		SWAP		Opening Long		16,902	1.7969  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		75,400	1.7893  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		11,200	1.7865  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		453	1.7926  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		26,540	1.7892  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		85,838	1.7892  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		47,688	1.7893  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		13,612	1.7892  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		61	1.7800  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		1,300	1.7926  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		29,500	1.7875  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		28,071	1.7887  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		8,936	1.7886  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		1,524	1.7905  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		600	1.7898  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		709	1.7936  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		32,209	1.7890  GBP
LondonMetric Property plc 10p ordinary		SWAP		Closing Short		176,007	1.7960  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		80,376	1.7890  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		8,500	1.7945  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		89	1.7911  GBP
LondonMetric Property plc 10p ordinary		CFD		Decreasing Long		2,299	1.7891  GBP
LondonMetric Property plc 10p ordinary		CFD		Increasing Long		35,708	1.7889  GBP
LondonMetric Property plc 10p ordinary		CFD		Decreasing Long		1,780	1.7940  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		57,289	1.7892  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		236	1.7891  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		946	1.7891  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		132	1.7929  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		71	1.7943  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		65,260	1.7803  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		285,782	1.7890  GBP
LondonMetric Property plc 10p ordinary		CFD		Increasing Long		2,400	1.7980  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		100	1.7790  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		7	1.7921  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		4,019	1.7919  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		17,864	1.7890  GBP
LondonMetric Property plc 10p ordinary		CFD		Increasing Long		128,348	1.7920  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		25,920	1.7964  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		6,496	1.7890  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		310,905	1.7903  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		4,599	1.7856  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		8,407	1.7952  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		47,098	1.7892  GBP
LondonMetric Property plc 10p ordinary		SWAP		Closing Long		31,414	1.7890  GBP
LondonMetric Property plc 10p ordinary		SWAP		Opening Short		127,589	1.7890  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		44	1.7890  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		664	1.7960  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		1,327	1.7969  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		26,414	1.7909  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		777,920	1.7890  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:				09 Jun 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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