Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

08 June 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				A CONSORTIUM COMPRISING LONDONMETRIC PROPERTY PLC AND SCHRODER REAL ESTATE INVESTMENT TRUST LIMITED
	relevant securities this form relates:
(c)	Name of the party to the offer with which exempt				A CONSORTIUM COMPRISING LONDONMETRIC PROPERTY PLC AND SCHRODER REAL ESTATE INVESTMENT TRUST LIMITED
	principal trader is connected
(d)	Date position held/dealing undertaken:				05 Jun 2026
(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
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:			1,449,720	0.30%	544,062	0.11%
(2)	Cash-settled derivatives:
	and/or controlled:			95,271	0.02%	1,007,534	0.21%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			1,544,991	0.32%	1,551,596	0.32%
Class of relevant security:				LondonMetric Property plc 10p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			9,983,907	0.43%	5,561,992	0.24%
(2)	Cash-settled derivatives:
	and/or controlled:			6,730,363	0.29%	6,936,644	0.30%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			16,714,270	0.71%	12,498,636	0.53%
(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
Schroder Real Estate Investment Trust Limited ordinary NPV		Purchase		5,171		0.4750  GBP	0.4730  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		Sale		11,749		0.4760  GBP	0.4730  GBP
LondonMetric Property plc 10p ordinary		Purchase		2,094,203		1.8321  GBP	1.8006  GBP
LondonMetric Property plc 10p ordinary		Sale		1,259,204		1.8340  GBP	1.8020  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
Schroder Real Estate Investment Trust Limited ordinary NPV		SWAP		Decreasing Short		702	0.4730  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		SWAP		Decreasing Short		2,602	0.4749  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		SWAP		Decreasing Short		1,652	0.4730  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		CFD		Decreasing Long		293	0.4750  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		CFD		Increasing Long		8	0.4750  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		SWAP		Decreasing Short		279	0.4730  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		CFD		Increasing Long		1,790	0.4749  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		SWAP		Decreasing Short		3,531	0.4730  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		1,224	1.8055  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		33,321	1.8081  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		1,380	1.8125  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		68,812	1.8183  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		27,463	1.8191  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		23	1.8323  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		18,155	1.8082  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		202,829	1.8020  GBP
LondonMetric Property plc 10p ordinary		SWAP		Closing Long		44,685	1.8020  GBP
LondonMetric Property plc 10p ordinary		SWAP		Opening Short		49,474	1.8020  GBP
LondonMetric Property plc 10p ordinary		SWAP		Closing Long		218,132	1.8020  GBP
LondonMetric Property plc 10p ordinary		SWAP		Closing Short		4	1.8065  GBP
LondonMetric Property plc 10p ordinary		SWAP		Opening Long		63,612	1.8065  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		89,900	1.8256  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		20,251	1.8020  GBP
LondonMetric Property plc 10p ordinary		CFD		Decreasing Short		7,655	1.8338  GBP
LondonMetric Property plc 10p ordinary		CFD		Increasing Long		5,135	1.8338  GBP
LondonMetric Property plc 10p ordinary		CFD		Decreasing Long		52,824	1.8018  GBP
LondonMetric Property plc 10p ordinary		CFD		Decreasing Long		4,538	1.8110  GBP
LondonMetric Property plc 10p ordinary		CFD		Increasing Short		66,788	1.8295  GBP
LondonMetric Property plc 10p ordinary		CFD		Decreasing Long		7,032	1.8200  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		15,447	1.8081  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		4,576	1.8081  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		363	1.8125  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		32,204	1.8129  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		48,571	1.8129  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		323	1.8055  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		27,380	1.8129  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		2,670	1.8055  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		2,388	1.8125  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		10,131	1.8033  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		2,200	1.8020  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		13,952	1.8090  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		1,014	1.8339  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		3,767	1.8201  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		60,266	1.8159  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		24,178	1.8147  GBP
LondonMetric Property plc 10p ordinary		CFD		Decreasing Long		5,135	1.8021  GBP
LondonMetric Property plc 10p ordinary		CFD		Decreasing Short		9,495	1.8109  GBP
LondonMetric Property plc 10p ordinary		CFD		Increasing Long		6,793	1.8232  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		11,727	1.8041  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		17,685	1.8041  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		9,968	1.8041  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		223	1.8277  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		1,018	1.8021  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		33,804	1.8049  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		102,602	1.8101  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		144,822	1.8020  GBP
LondonMetric Property plc 10p ordinary		CFD		Increasing Long		29,492	1.8069  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		7,364	1.8020  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		13,442	1.8020  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		62,299	1.8189  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		6,885	1.8231  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		4,960	1.8020  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		2,930	1.8142  GBP
LondonMetric Property plc 10p ordinary		SWAP		Closing Long		2,874	1.8020  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		29,390	1.8132  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		5,745	1.8020  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		1,361	1.8189  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		2,723	1.8197  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		106,545	1.8196  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		17,346	1.8183  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:				08 Jun 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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