Form 8.5 EPT/Non RI LONDONMETRIC PROPERTY PLC

Barclays PLC

12 March 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				LONDONMETRIC PROPERTY PLC
	relevant securities this form relates:
(c)	Name of the party to the offer with which exempt				LONDONMETRIC PROPERTY PLC
	principal trader is connected
(d)	Date position held/dealing undertaken:				11-Mar-26
(e)	In addition to the company in 1(b) above, is the exempt principal				YES:
	trader making disclosures in respect of any other party to the offer?				PICTON PROPERTY INCOME LIMITED
Note Incorrect issuer reference noted in 1 (C) on prior trade‑dated Forms (PICTON PROPERTY INCOME LIMITED instead of LONDONMETRIC PROPERTY PLC) from 11 February 2026
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:				10p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
-1	Relevant securities owned
	and/or controlled:			16,168,105	0.69%	12,436,679	0.53%
-2	Cash-settled derivatives:
	and/or controlled:			12,400,373	0.53%	9,886,349	0.42%
-3	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			28,568,478	1.22%	22,323,028	0.95%
(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)	Purchases and sales
Class of relevant		Purchase/sale		Total number of		Highest price per unit	Lowest price per unit
security				securities		paid/received	paid/received
10p ordinary		Purchase		1,089,371		2.0070  GBP	1.9790  GBP
10p ordinary		Sale		1,675,583		2.0070  GBP	1.9762  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
10p ordinary		SWAP		Increasing Long		154	1.9762  GBP
10p ordinary		SWAP		Increasing Long		7,707	1.9787  GBP
10p ordinary		SWAP		Increasing Long		1,959	1.9789  GBP
10p ordinary		SWAP		Increasing Long		528,273	1.9790  GBP
10p ordinary		SWAP		Increasing Long		22,187	1.9798  GBP
10p ordinary		SWAP		Increasing Long		714	1.9822  GBP
10p ordinary		SWAP		Increasing Long		22,272	1.9839  GBP
10p ordinary		SWAP		Increasing Long		34,510	1.9845  GBP
10p ordinary		SWAP		Increasing Long		148,992	1.9850  GBP
10p ordinary		SWAP		Increasing Long		100,583	1.9851  GBP
10p ordinary		SWAP		Increasing Long		18,497	1.9853  GBP
10p ordinary		SWAP		Increasing Long		48,597	1.9856  GBP
10p ordinary		SWAP		Increasing Long		52,736	1.9880  GBP
10p ordinary		SWAP		Increasing Long		3,114	1.9907  GBP
10p ordinary		SWAP		Increasing Long		231,667	1.9914  GBP
10p ordinary		SWAP		Increasing Long		128,568	1.9917  GBP
10p ordinary		SWAP		Increasing Long		29,455	1.9919  GBP
10p ordinary		SWAP		Increasing Long		1,163	1.9938  GBP
10p ordinary		SWAP		Increasing Long		11,152	1.9947  GBP
10p ordinary		SWAP		Increasing Long		19,907	1.9955  GBP
10p ordinary		SWAP		Increasing Long		84,592	2.0200  GBP
10p ordinary		SWAP		Increasing Long		592,131	2.0206  GBP
10p ordinary		SWAP		Decreasing Long		461,659	1.9790  GBP
10p ordinary		SWAP		Decreasing Long		218	1.9791  GBP
10p ordinary		SWAP		Decreasing Long		25	1.9793  GBP
10p ordinary		SWAP		Decreasing Long		17,205	1.9794  GBP
10p ordinary		SWAP		Decreasing Long		56,089	1.9797  GBP
10p ordinary		SWAP		Decreasing Long		92	1.9817  GBP
10p ordinary		SWAP		Decreasing Long		17,649	1.9836  GBP
10p ordinary		SWAP		Decreasing Long		369	1.9841  GBP
10p ordinary		SWAP		Decreasing Long		1,328	1.9877  GBP
10p ordinary		SWAP		Decreasing Long		251,035	1.9879  GBP
10p ordinary		SWAP		Decreasing Long		5,973	1.9889  GBP
10p ordinary		SWAP		Decreasing Long		3,655	1.9890  GBP
10p ordinary		SWAP		Decreasing Long		15,149	1.9897  GBP
10p ordinary		SWAP		Decreasing Long		10	1.9900  GBP
10p ordinary		SWAP		Decreasing Long		2,985	1.9903  GBP
10p ordinary		SWAP		Decreasing Long		16	1.9945  GBP
10p ordinary		SWAP		Decreasing Long		9,100	1.9971  GBP
10p ordinary		SWAP		Decreasing Long		58,545	2.0140  GBP
10p ordinary		SWAP		Decreasing Long		70,066	2.0151  GBP
10p ordinary		CFD		Increasing Long		1,533	1.9768  GBP
10p ordinary		CFD		Increasing Long		4,957	1.9912  GBP
10p ordinary		CFD		Decreasing Long		8,025	1.9859  GBP
10p ordinary		CFD		Decreasing Long		15,217	1.9889  GBP
(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						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:				12-Mar-26
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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