Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

30 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:			29 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:				16,584,213	0.71%	9,434,215	0.40%
(2) Cash-settled derivatives:				11,340,031	0.48%	12,950,141	0.55%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				27,924,244	1.19%	22,384,356	0.95%
Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,697,750	0.35%	425,324	0.09%
(2) Cash-settled derivatives:				154,599	0.03%	1,256,574	0.26%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,852,349	0.38%	1,681,898	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	1601151	1.9070  GBP	1.8930  GBP
LondonMetric Property plc 10p ordinary	Sale	1256300	1.9200  GBP	1.8940  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	75087	0.4605  GBP	0.4562  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	85944	0.4605  GBP	0.4565  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	5,031	1.8987  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1,075	1.8993  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	7	1.8985  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	17,753	1.8995  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	27,193	1.8979  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	20,851	1.8996  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	134,178	1.8980  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	258	1.8980  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	30,500	1.9026  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	11,551	1.9003  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	274	1.8978  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	927	1.8983  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	859	1.9077  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	89,209	1.8986  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	678	1.8993  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	78	1.8993  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	8,368	1.8976  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	53,819	1.8977  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	8,005	1.8976  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	1,448	1.8987  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	2,600	1.8976  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	68,236	1.8977  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	219	1.8986  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	312	1.8987  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	16,077	1.8977  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	152	1.8957  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	777	1.9000  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	20,667	1.8980  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	22,045	1.8980  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	182,105	1.8996  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	48,796	1.9047  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	373,392	1.8983  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	357,170	1.8983  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	45	1.8957  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	116,022	1.8983  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	161	1.8987  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	161	1.9005  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	39,065	1.8984  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	284	1.8980  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	3,354	1.9002  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	9,544	1.8988  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	40,784	1.8979  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	37,168	1.9009  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	1,639	1.8966  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	5,431	1.8976  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	46,506	1.9036  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	7,035	1.8998  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	4,122	1.8980  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	103	1.8980  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	593	1.8950  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	9,727	1.8976  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	89,764	1.9013  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	21,768	1.8983  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	7,258	1.9032  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	4,966	0.4585  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	6,399	0.4585  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	1,397	0.4565  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	122	0.4562  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	2,291	0.4590  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	561	0.4585  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	2,616	0.4585  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	11,096	0.4570  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	25,943	0.4598  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:				30 Jun 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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