Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

09 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:			08 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:				16,053,132	0.68%	7,904,093	0.34%
(2) Cash-settled derivatives:				9,603,998	0.41%	13,529,744	0.58%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				25,657,130	1.09%	21,433,837	0.91%
Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,432,863	0.29%	187,336	0.04%
(2) Cash-settled derivatives:				186,304	0.04%	1,305,386	0.27%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,619,167	0.33%	1,492,722	0.31%
(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	2450830	1.8720  GBP	1.8410  GBP
LondonMetric Property plc 10p ordinary	Sale	1841868	1.8730  GBP	1.8440  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	14328	0.4634  GBP	0.4585  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	45186	0.4650  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	2,950	1.8569  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	22,069	1.8684  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	15,423	1.8552  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	6,641	1.8552  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	57,228	1.8560  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	163,187	1.8560  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	888,438	1.8560  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	4,183	1.8652  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Long	1	1.8600  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	14,600	1.8638  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	3,123	1.8560  GBP
LondonMetric Property plc 10p ordinary	CFD	Closing Short	112,614	1.8558  GBP
LondonMetric Property plc 10p ordinary	CFD	Opening Long	46,529	1.8558  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	426	1.8558  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	28,088	1.8560  GBP
LondonMetric Property plc 10p ordinary	CFD	Closing Short	72,005	1.8523  GBP
LondonMetric Property plc 10p ordinary	CFD	Opening Long	8,855	1.8523  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	3,682	1.8409  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	37,997	1.8548  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	55,187	1.8562  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	31,833	1.8562  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	867	1.8569  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	15,385	1.8562  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	3,668	1.8569  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	11,101	1.8552  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	4,785	1.8562  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	5,018	1.8540  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	40,010	1.8469  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	1,400	1.8491  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	11,800	1.8536  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	4,736	1.8640  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	501,952	1.8560  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	12,097	1.8509  GBP
LondonMetric Property plc 10p ordinary	CFD	Closing Long	8,855	1.8523  GBP
LondonMetric Property plc 10p ordinary	CFD	Opening Short	1,618	1.8523  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	4,825	1.8597  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	1,476	1.8540  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	5,958	1.8540  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	164	1.8457  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	657	1.8457  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	8,144	1.8532  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	65,390	1.8560  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	3,000	1.8580  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	300	1.8470  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	92	1.8560  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	18,478	1.8560  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	22,085	1.8583  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	176,821	1.8562  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	6,792	1.8599  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	14	1.8557  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	10,751	1.8521  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	19,399	1.8493  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	172,149	1.8559  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	82,589	1.8560  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	1,031	1.8720  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	6,159	1.8560  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	15,622	1.8483  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	1,189	1.8695  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	6,343	1.8636  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	12,689	1.8504  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	119,504	1.8496  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	19,376	1.8509  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	6,131	1.8590  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	134,418	1.8508  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	88,388	1.8540  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	2,155	0.4585  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Closing Short	647	0.4584  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Opening Long	2,438	0.4584  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	1,258	0.4585  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	331	0.4630  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	21,617	0.4622  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	3,310	0.4625  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Closing Long	2,438	0.4585  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	3,189	0.4632  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	459	0.4584  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	1,825	0.4625  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	4,587	0.4585  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:				09 Jul 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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