Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

10 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  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:			09 Jun 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:				10,360,171	0.44%	4,817,285	0.21%
(2) Cash-settled derivatives:				6,081,395	0.26%	7,558,728	0.32%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				16,441,566	0.70%	12,376,013	0.53%
Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,447,044	0.30%	558,778	0.11%
(2) Cash-settled derivatives:				119,120	0.02%	1,005,079	0.21%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,566,164	0.32%	1,563,857	0.32%
(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	2271274	1.8160  GBP	1.7916  GBP
LondonMetric Property plc 10p ordinary	Sale	2792887	1.8210  GBP	1.7862  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	25830	0.4686  GBP	0.4649  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	12515	0.4715  GBP	0.4650  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 Long	461	1.8028  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	17	1.8088  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	6,231	1.8059  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	22,618	1.8078  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	122	1.7921  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	16,487	1.8115  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	111,136	1.8060  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	3,112	1.8067  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Short	878,388	1.8030  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Long	539,890	1.8030  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	2	1.8050  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	7,066	1.8061  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	12,377	1.8061  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	25,554	1.8030  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	65	1.8100  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	21,489	1.8112  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	4,217	1.7999  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	3,955	1.8079  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	3,388	1.8067  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	43,636	1.8079  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	5,709	1.8062  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	121	1.8028  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	30,775	1.8078  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	953	1.8028  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	184	1.8085  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	12,397	1.8079  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	29,792	1.8057  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1,570	1.8122  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	19,492	1.8100  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	2,306	1.8140  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	24,140	1.8085  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	2,691	1.8079  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	3,635	1.8094  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	7,066	1.8071  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	67,677	1.8123  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	265,400	1.8084  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	24,547	1.8124  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	3,879	1.8031  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	414	1.8122  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	3,296	1.8122  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	806	1.8066  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	14,100	1.8060  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	151	1.8080  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	20,491	1.8051  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	4,888	1.8059  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	233	1.8137  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	7,069	1.8131  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	10,164	1.8143  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	5,169	1.8032  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	112,800	1.8060  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	172,293	1.8060  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	26,720	1.8157  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	11,132	1.8131  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	146	1.8078  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	3,491	1.8008  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	32,960	1.8100  GBP
LondonMetric Property plc 10p ordinary	CFD	Closing Long	244,113	1.8060  GBP
LondonMetric Property plc 10p ordinary	CFD	Opening Short	8,927	1.8060  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	19,152	1.8060  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	64,277	1.8123  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	11,376	1.8047  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	60,267	1.8061  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	122,010	1.8106  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1,774	1.8059  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	172,773	1.8060  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	6,380	1.8060  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	42,468	1.8084  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	2,119	1.8090  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	220,592	1.8088  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	529,152	1.8081  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	89,160	1.8081  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	28	0.4678  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	270	0.4650  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	81	0.4681  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	2,597	0.4715  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	19	0.4650  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	3,333	0.4685  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	3,333	0.4685  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:				10 Jun 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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