Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

13 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:			10 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:				16,542,051	0.70%	6,506,765	0.28%
(2) Cash-settled derivatives:				7,922,874	0.34%	13,712,943	0.58%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				24,464,925	1.04%	20,219,708	0.86%
Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,437,463	0.29%	64,507	0.01%
(2) Cash-settled derivatives:				64,507	0.01%	1,328,529	0.27%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,501,970	0.31%	1,393,036	0.28%
(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	2871796	1.8940  GBP	1.8802  GBP
LondonMetric Property plc 10p ordinary	Sale	1280758	1.8945  GBP	1.8800  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	189961	0.4630  GBP	0.4577  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	62019	0.4633  GBP	0.4577  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	15	1.8873  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	188	1.8886  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	41	0.0000  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	18	0.0000  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	9	0.0000  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	6,730	0.0000  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	16	0.0000  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	21,686	0.0000  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	3,325	1.8833  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	15,013	1.8880  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	16,285	1.8879  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	17,000	1.8875  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1,160	1.8888  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	1,144	1.8481  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	19,758	1.8879  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	6,811	1.8869  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	57,707	1.8892  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	4,400	1.8920  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	5,289	1.8883  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	4	1.8859  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	3,052	1.8884  USD
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	3,752	1.8877  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	18,955	1.8886  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	9,355	1.8875  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	2,095	1.8877  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	431	1.8883  USD
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	4	1.8875  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	4,330	1.8883  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	68	1.8872  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Long	25,085	1.8872  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	45	1.8902  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	34	0.0000  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	22	0.0000  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	11	0.0000  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	5,608	0.0000  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	19	0.0000  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	18,072	0.0000  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	14,759	1.8879  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	4,157	1.8863  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	7,900	1.8922  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	297	1.8880  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	1,144	1.8481  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	16,267	1.8865  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	51	1.8901  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	26	1.8879  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	728	1.8877  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	13	1.8902  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	144	1.8902  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	4,328	1.8880  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	17,412	1.8880  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	13,952	1.8876  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	10,788	1.8859  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	1,144	1.8481  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	8,414	1.8883  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	73,135	1.8894  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	499	1.8882  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	108	1.8880  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	13,526	1.8880  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	1,144	1.8481  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	15,151	1.8819  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	411	1.8890  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	1,638	1.8890  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	3,605	1.8900  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	10,305	1.8917  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	28,073	1.8879  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	34,455	1.8879  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	85,451	1.8857  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	1,618,400	1.8880  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	5,908	1.8846  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	10,639	1.8800  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	7,752	1.8889  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	2,357	1.8898  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	16,050	1.8879  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	180,413	1.8856  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	51,819	1.8902  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	2,528	0.4600  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Closing Short	515	0.4600  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Opening Long	1,631	0.4600  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	3,269	0.4600  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	10,399	0.4605  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Closing Long	1,631	0.4600  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	1,706	0.4615  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	18,028	0.4632  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	1,037	0.4600  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	135,308	0.4600  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:				13 Jul 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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