Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

29 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:			26 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:				16,177,928	0.69%	9,372,781	0.40%
(2) Cash-settled derivatives:				11,289,004	0.48%	12,708,808	0.54%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				27,466,932	1.17%	22,081,589	0.94%
Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,683,533	0.34%	400,250	0.08%
(2) Cash-settled derivatives:				138,655	0.03%	1,242,357	0.25%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,822,188	0.37%	1,642,607	0.34%
(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	2425924	1.9160  GBP	1.8920  GBP
LondonMetric Property plc 10p ordinary	Sale	6140964	1.9160  GBP	1.8920  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	47514	0.4652  GBP	0.4559  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	66247	0.4633  GBP	0.4550  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	Increasing Short	2,656	1.9007  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	3,454	1.9098  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	97,967	1.9026  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	36,258	1.8997  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	2,222	1.9073  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	261	1.9008  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	67,183	1.9160  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	2,335	1.9100  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	73,948	1.9157  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	57,841	1.9017  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Short	64,898	1.9070  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Long	1,677,744	1.9070  GBP
LondonMetric Property plc 10p ordinary	CFD	Opening Long	12,472	1.9158  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	1,606	1.9008  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	64	1.9021  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	307,818	1.8989  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	29,067	1.9017  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	668	1.9095  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	756	1.9098  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	316	1.9098  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	191,496	1.8926  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	360,425	1.9160  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	47,300	1.8926  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	766	1.9007  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	8,632	1.8926  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	7,471	1.9122  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	857	1.9070  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	12,836	1.9133  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	3,605	1.9136  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	100	1.9030  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	15,039	1.9105  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	922	1.8950  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	668	1.9095  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	8,050	1.9090  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Short	16,493	1.8951  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Long	43,573	1.8951  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	946,350	1.9070  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	1,905	1.9161  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	48	1.9060  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	5,446	1.9018  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	2,335	1.9100  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	288,381	1.9160  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	257,692	1.9160  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	1,025	1.9136  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	33,213	1.9160  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	6,345	1.9003  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	594	1.9055  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	43,411	1.9145  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	16,493	1.9028  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	3,336	1.9144  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	113,908	1.9008  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	594	1.9055  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	622	1.9010  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	1,961	1.8968  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	113	1.9069  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	69,888	1.9160  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	622	1.9010  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	596	1.8940  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	5,133	1.9036  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	12,654	1.8939  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	1,997,420	1.9160  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	596	1.8940  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	621	1.8985  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	163	1.9080  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	296	1.9160  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	621	1.8985  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	593	1.8980  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	20,342	1.8989  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	193,162	1.9160  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	593	1.8980  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	807	1.8950  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	108	1.9160  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	16,052	1.9020  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	807	1.8950  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	593	1.8950  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	16,666	1.9028  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	6,658	1.8986  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	593	1.8950  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	562	1.8915  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	582	1.9100  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	60,937	1.8966  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	562	1.8915  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	4,290	1.9007  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	10,565	1.9039  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Short	6,262	1.9042  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	11,550	1.9037  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	100,836	1.8977  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	5,244	0.4625  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	5,869	0.4625  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	373	0.4584  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	4,400	0.4636  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	3,140	0.4635  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	1,441	0.4645  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	37,505	0.4624  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	1,359	0.4635  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	14,747	0.4633  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	154	0.4625  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 Jun 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END