Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

17 August 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:			14 Aug 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:				21,105,476	0.90%	5,853,963	0.25%
(2) Cash-settled derivatives:				6,305,174	0.27%	15,842,600	0.67%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				27,410,650	1.17%	21,696,563	0.92%
Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,727,672	0.35%	1,925,332	0.39%
(2) Cash-settled derivatives:				1,920,059	0.39%	1,707,569	0.35%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				3,647,731	0.75%	3,632,901	0.74%
(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	1120012	1.9539  GBP	1.9370  GBP
LondonMetric Property plc 10p ordinary	Sale	1888686	1.9469  GBP	1.9370  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	47172	0.4610  GBP	0.4561  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	32284	0.4610  GBP	0.4569  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	94	1.9438  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	23,099	1.9447  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	585	1.9481  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1,450	1.9400  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	162,050	1.9400  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	11,059	1.9430  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	52,591	1.9403  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	2	1.9400  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	26,176	1.9414  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	28,100	1.9420  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	86,895	1.9401  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	3,865	1.9414  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	6,155	1.9426  GBP
LondonMetric Property plc 10p ordinary	CFD	Closing Short	83,042	1.9454  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	21	1.9371  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	94	1.9421  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	85	1.9437  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	3,355	1.9397  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	874	1.9402  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	255	1.9438  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	5,608	1.9409  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	9,220	1.9403  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	36,767	1.9403  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	553	1.9418  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	21,714	1.9392  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	26,632	1.9418  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	16,477	1.9400  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	9	1.9720  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	12,601	1.9451  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	6,900	1.9422  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	14,311	1.9433  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	605	1.9427  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	337	1.9418  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	1,090	1.9418  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	375	1.9459  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	300	1.9443  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	22,972	1.9449  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	3,181	1.9422  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	92,417	1.9399  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	64,651	1.9400  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	1,496	1.9459  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	4,319	1.9400  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	7,599	1.9400  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	22,053	1.9427  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	10,204	1.9400  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	8,553	1.9418  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	93,820	1.9419  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	18,343	1.9400  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	2,656	1.9450  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	74,146	1.9400  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	70,571	1.9400  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	30,263	1.9423  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	810	1.9400  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	91,727	1.9539  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	268,489	1.9424  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	28	0.4575  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	2,958	0.4560  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	84	0.4572  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	1,474	0.4564  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	1	0.4600  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	2,540	0.4575  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Short	37,409	0.4605  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	1,023	0.4560  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	6,468	0.4560  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	225	0.4610  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	25,229	0.4603  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	2,017	0.4575  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:				17 Aug 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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