Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

08 July 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:			07 Jul 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:				15,268,871	0.65%	7,728,794	0.33%
(2) Cash-settled derivatives:				9,417,866	0.40%	12,710,457	0.54%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				24,686,737	1.05%	20,439,251	0.87%
Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,448,043	0.30%	171,658	0.04%
(2) Cash-settled derivatives:				170,064	0.03%	1,310,944	0.27%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,618,107	0.33%	1,482,602	0.30%
(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	2030501	1.9000  GBP	1.8801  GBP
LondonMetric Property plc 10p ordinary	Sale	957437	1.8987  GBP	1.8820  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	25972	0.4625  GBP	0.4585  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	26610	0.4625  GBP	0.4585  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	2,299	1.8915  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	624	1.8919  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1,104	1.8874  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	696	1.8840  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	234	1.8941  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	122,334	1.8905  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	2,049	1.8874  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	750	1.8884  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Short	53,483	1.8900  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Long	57,228	1.8900  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	168	1.8770  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	484,688	1.8900  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	2,501	1.8902  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	5,207	1.8771  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	89,467	1.8921  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	9,265	1.8875  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	5,682	1.9001  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	507	1.8903  USD
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	8,429	1.8902  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	674	1.8915  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	12,937	1.8902  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	818	1.8897  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	2,516	1.8915  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	4,825	1.8908  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	5,690	1.8920  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	420	1.8875  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	97	1.8869  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	13,945	1.8895  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	10,935	1.8910  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	490	1.8900  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	257	1.8900  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	5,207	1.8898  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	5,270	1.8907  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	433	1.8909  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	1,678	1.8920  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	6,431	1.8920  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	393	1.8869  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	2,668	1.8903  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	7,919	1.8950  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	528,411	1.8900  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	780	1.8875  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	13,273	1.8904  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	105,738	1.8900  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	93	1.8900  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	7,685	1.9000  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	18,011	1.8891  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	5,483	1.8850  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	72,347	1.8900  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	29,306	1.8930  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	799	1.8890  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	14,291	1.8883  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	117,143	1.8932  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	34,200	1.8939  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	2,940	0.4625  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Opening Short	647	0.4625  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	2,433	0.4625  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	14,440	0.4601  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	16,544	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:				08 Jul 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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