Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

07 May 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:			06 May 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:				10,782,592	0.46%	8,002,948	0.34%
(2) Cash-settled derivatives:				8,599,352	0.37%	6,818,455	0.29%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				19,381,944	0.83%	14,821,403	0.63%
Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,846,040	0.38%	644,469	0.13%
(2) Cash-settled derivatives:				0	0.00%	1,351,119	0.28%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,846,040	0.38%	1,995,588	0.41%
(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	1970917	1.9310  GBP	1.8880  GBP
LondonMetric Property plc 10p ordinary	Sale	1935030	1.9300  GBP	1.8875  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	49769	0.4900  GBP	0.4854  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	40889	0.4900  GBP	0.4855  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	1,985	1.8890  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	6,799	1.9032  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	1,161	1.9059  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	47,700	1.9069  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	7	1.9108  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	9,947	1.9112  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	136,212	1.9115  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	153,082	1.9154  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	64,205	1.9157  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	1,338	1.9158  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	8,317	1.9159  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	422,848	1.9160  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	16,428	1.9163  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	2,050	1.9230  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	2,109	1.8880  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	8,369	1.9044  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	218,249	1.9054  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	300	1.9110  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	44,681	1.9161  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1	1.9162  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	74,603	1.9164  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	70,228	1.9165  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	118,550	1.9166  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	30,869	1.9177  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	33,517	1.9179  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	4,610	1.9180  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	13,139	1.9184  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	18,152	1.9191  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	14,066	1.9199  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	550	1.9200  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	3,709	1.9207  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1,924	1.9310  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	14	0.4868  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	515	0.4870  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	675	0.4899  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	23,398	0.4900  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Short	29,870	0.4854  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	5,115	1.8943  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	1,318	1.9158  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	36,985	1.9181  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	155,153	1.9168  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	41,072	1.9236  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:				07 May 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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