Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

14 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:			13 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:				16,038,201	0.68%	6,755,725	0.29%
(2) Cash-settled derivatives:				8,233,835	0.35%	13,231,803	0.56%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				24,272,036	1.03%	19,987,528	0.85%
Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,432,432	0.29%	68,962	0.01%
(2) Cash-settled derivatives:				68,902	0.01%	1,332,328	0.27%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,501,334	0.31%	1,401,290	0.29%
(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	596,815	1.9002  GBP	1.8860  GBP
LondonMetric Property plc 10p ordinary	Sale	1349625	1.9000  GBP	1.8856  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	84411	0.4646  GBP	0.4571  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	93897	0.4643  GBP	0.4578  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	Decreasing Short	31,515	1.8936  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	16,819	1.8916  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1,179	1.8900  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	4,061	1.8880  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	9,282	1.8860  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	4,052	1.8924  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	108	1.8910  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	23,065	1.8952  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1,185	1.8863  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	120,922	1.8875  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	3,431	1.8891  GBP
LondonMetric Property plc 10p ordinary	CFD	Closing Short	47,846	1.8924  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	96,577	1.8864  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	7,124	1.8904  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	4,208	1.8924  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	311	1.8857  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	9,933	1.8894  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	63	1.8857  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	263	1.8857  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	29	1.8855  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	9	1.8915  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	15,382	1.8867  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	4,305	1.8975  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	100	1.8970  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	274	1.8903  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	88,397	1.8860  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	86,581	1.8860  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	140	1.8860  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	14,104	1.8969  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	9	1.8879  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	3,056	1.8935  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	26,108	1.8917  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	21,041	1.8879  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	2,922	1.8948  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	165,165	1.8860  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	1,847	1.8916  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	6,359	1.8890  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	51	1.8860  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	16,630	1.8933  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	15,528	1.8915  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	78,888	1.8919  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	84,067	1.8860  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	26,758	1.8920  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	6,758	1.8942  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	234,946	1.8916  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	2	0.4550  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	1,746	0.4625  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	1,842	0.4608  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	3,100	0.4628  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	2,055	0.4625  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	10,000	0.4583  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	19,337	0.4590  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:				14 Jul 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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