Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

17 April 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:			16 Apr 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:				10,713,615	0.46%	10,939,479	0.47%
(2) Cash-settled derivatives:				11,195,199	0.48%	6,523,951	0.28%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				21,908,814	0.93%	17,463,430	0.74%
Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,527,765	0.31%	280,725	0.06%
(2) Cash-settled derivatives:				0	0.00%	1,349,386	0.28%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,527,765	0.31%	1,630,111	0.33%
(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	391545	1.9790  GBP	1.9224  GBP
LondonMetric Property plc 10p ordinary	Sale	2151309	1.9788  GBP	1.9368  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	34632	0.5069  GBP	0.5031  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	76958	0.5064  GBP	0.5023  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 Long	6,122	1.9349  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	733	1.9368  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	533	1.9438  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	2,789	1.9440  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	85,358	1.9450  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	23,341	1.9456  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	1,152,175	1.9460  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	1,216	1.9461  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	13,756	1.9468  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	724	1.9477  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	4,857	1.9492  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	16,065	1.9554  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	282	1.9586  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	313,181	1.9593  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	152,125	1.9610  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	19,372	1.9624  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	6,894	1.9628  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	15,781	1.9719  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	5,812	1.9310  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	5,500	1.9311  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	10,461	1.9452  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	21,834	1.9460  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	2,330	1.9462  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	67,528	1.9463  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	6,634	1.9466  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	54	1.9475  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	9,298	1.9506  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	11,345	1.9569  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	4,486	1.9586  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	26,596	1.9694  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	4,342	0.5030  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	42	0.5032  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	103	0.5043  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	5,658	0.5050  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	197	0.5050  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	12,981	0.5049  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Short	866	0.5030  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	20,246	1.9458  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	71,771	1.9565  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	2	1.9350  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 Apr 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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