Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

18 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:			17 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:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,677,890	0.34%	1,920,136	0.39%
(2) Cash-settled derivatives:				1,914,917	0.39%	1,657,106	0.34%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				3,592,807	0.73%	3,577,242	0.73%
Class of relevant security:				LondonMetric Property plc 10p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				18,615,312	0.79%	5,897,937	0.25%
(2) Cash-settled derivatives:				6,352,280	0.27%	13,345,682	0.57%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				24,967,592	1.06%	19,243,619	0.82%
(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
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	139314	0.4577  GBP	0.4520  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	183900	0.4600  GBP	0.4526  GBP
LondonMetric Property plc 10p ordinary	Purchase	848581	1.9420  GBP	1.9110  GBP
LondonMetric Property plc 10p ordinary	Sale	3382719	1.9410  GBP	1.9100  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	18	0.4570  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	2,331	0.4519  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	55	0.4570  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	13,408	0.4520  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	2,000	0.4529  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	7,387	0.4571  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Short	16,000	0.4551  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	5,789	0.4520  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	5,693	0.4520  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	1,121	0.4525  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	46,077	0.4585  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	15,799	0.4550  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Closing Short	6,895	0.4526  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	13	1.9211  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	653	1.9256  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	80,434	1.9301  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	28,388	1.9257  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	19,332	1.9175  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	122,047	1.9110  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	9,579	1.9325  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Short	2,109,175	1.9110  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	4,901	1.9141  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	513	1.9108  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	132,900	1.9280  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	9,849	1.9332  GBP
LondonMetric Property plc 10p ordinary	CFD	Closing Short	2,858	1.9398  GBP
LondonMetric Property plc 10p ordinary	CFD	Opening Long	143	1.9398  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	326	1.9409  GBP
LondonMetric Property plc 10p ordinary	CFD	Closing Long	3,234	1.9177  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	20,055	1.9153  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	4,426	1.9271  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	18	1.9352  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Long	40,460	1.9167  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	23	1.9278  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	28	1.9211  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	73	1.9211  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	58	1.9112  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	5,463	1.9113  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	1,831	1.9113  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	700	1.9135  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	100	1.9150  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	137	1.9205  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	225	1.9420  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	64,522	1.9230  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	20,512	1.9110  GBP
LondonMetric Property plc 10p ordinary	CFD	Closing Long	143	1.9111  GBP
LondonMetric Property plc 10p ordinary	CFD	Opening Short	2,858	1.9111  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	58	1.9129  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	18,930	1.9134  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	5	1.9116  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	21	1.9116  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	269	1.9159  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	1,071	1.9159  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	8,068	1.9131  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	12,189	1.9151  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	755	1.9110  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	59,390	1.9110  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	100	1.9110  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	12,359	1.9338  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	24,246	1.9110  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	5,165	1.9226  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	18,870	1.9272  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	252	1.9110  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	40,008	1.9306  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	6,583	1.9220  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	24,843	1.9307  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	169,925	1.9286  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	1,412	1.9332  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:				18 Aug 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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