Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

28 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:			27 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:				1,912,547	0.39%	1,938,035	0.40%
(2) Cash-settled derivatives:				1,934,615	0.40%	1,892,444	0.39%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				3,847,162	0.79%	3,830,479	0.78%
Class of relevant security:				LondonMetric Property plc 10p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				17,126,441	0.73%	6,469,638	0.28%
(2) Cash-settled derivatives:				6,910,988	0.29%	11,766,858	0.50%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				24,037,429	1.02%	18,236,496	0.78%
(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	299596	0.4371  GBP	0.4340  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	116501	0.4375  GBP	0.4340  GBP
LondonMetric Property plc 10p ordinary	Purchase	580765	1.9074  GBP	1.8870  GBP
LondonMetric Property plc 10p ordinary	Sale	1089096	1.9084  GBP	1.8883  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	1	0.4340  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Opening Long	2,311	0.4339  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	2	0.4347  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	5,000	0.4369  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	5,000	0.4331  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	340	0.4340  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Closing Long	2,311	0.4340  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Opening Short	137,567	0.4340  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	2,985	0.4340  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	13,008	0.4340  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	45,285	0.4340  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	972	0.4360  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	5,121	0.4350  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	1,468	1.8953  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Long	324	1.8934  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	12,763	1.8974  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	20,870	1.8958  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	3	1.8966  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	51,927	1.8940  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	109,360	1.8940  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	9,500	1.8870  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	484	1.8940  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	1,034	1.8938  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	40,598	1.8903  GBP
LondonMetric Property plc 10p ordinary	CFD	Opening Short	2,223	1.8983  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	8,563	1.8893  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	4	1.9069  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	104	1.8934  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	40	1.8934  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	17,270	1.8943  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	796	1.8942  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	806	1.8938  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	9,187	1.8943  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	133	1.8942  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	1,505	1.8953  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	2,873	1.8938  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	2,281	1.8938  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	300	1.9010  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	100	1.9080  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	18,221	1.8938  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	11,300	1.9071  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	554	1.8940  GBP
LondonMetric Property plc 10p ordinary	CFD	Closing Short	2,223	1.9034  GBP
LondonMetric Property plc 10p ordinary	CFD	Opening Long	6,546	1.9034  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	3	1.9057  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	4,602	1.8940  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	504	1.8953  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	2,448	1.8940  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	2,338	1.8938  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	1,909	1.8938  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	1,571	1.8945  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	61,778	1.8958  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	64	1.8939  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	161	1.8940  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	144,671	1.8940  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	201	1.8940  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	615	1.9020  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	5,991	1.8950  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	13,147	1.8952  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	5,074	1.8945  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	11,490	1.8947  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	138	1.8950  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	6,513	1.8945  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	1,320	1.8910  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	10,367	1.8975  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	591	1.8918  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	60,487	1.8906  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:				28 Aug 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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