Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

11 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  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:			10 Jun 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:				10,955,079	0.47%	4,443,855	0.19%
(2) Cash-settled derivatives:				5,696,325	0.24%	8,300,891	0.35%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				16,651,404	0.71%	12,744,746	0.54%
Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,458,090	0.30%	554,888	0.11%
(2) Cash-settled derivatives:				127,859	0.03%	1,016,215	0.21%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,585,949	0.32%	1,571,103	0.32%
(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	4403349	1.8340  GBP	1.8120  GBP
LondonMetric Property plc 10p ordinary	Sale	3435011	1.8340  GBP	1.8108  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	64198	0.4764  GBP	0.4657  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	49262	0.4729  GBP	0.4670  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	Decreasing Long	736	1.8182  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	5,731	1.8195  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	22,919	1.8195  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	11,315	1.8236  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	7,096	1.8295  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	352,220	1.8280  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	2,705	1.8127  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Short	89,160	1.8200  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Long	2,240	1.7950  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Long	22,131	1.8279  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	1,252	1.8296  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Short	338,639	1.8200  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	8,228	1.8214  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	49	1.8304  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	112,054	1.8234  GBP
LondonMetric Property plc 10p ordinary	CFD	Closing Long	8,927	1.8280  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	79,572	1.8244  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	2,946	1.8128  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	22,604	1.8240  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	23	1.8251  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	38,377	1.8291  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	80,320	1.8291  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	207	1.8182  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1,504	1.8182  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	11,942	1.8288  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Long	51,385	1.8236  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	6,531	1.8276  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	705	1.8138  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	2,821	1.8138  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	39,970	1.8272  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	67	1.8242  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	22,131	1.8193  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	171,134	1.8193  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	124,725	1.8281  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	1,759	1.8133  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	14,669	1.8171  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1,866	1.8276  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	13,202	1.8276  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	179,375	1.8248  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	8,798	1.8237  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	5,180	1.8219  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	13,629	1.8176  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	13,064	1.8156  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	79,523	1.8185  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	34,416	1.8259  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	7,754	1.8280  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	14,844	1.8222  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	158,067	1.8280  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	47,926	1.8174  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	958	1.8268  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	98,902	1.8268  GBP
LondonMetric Property plc 10p ordinary	CFD	Closing Short	20,826	1.8280  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	4,794	1.8213  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	375	1.8170  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	95,146	1.8280  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	232,211	1.8280  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	192,190	1.8200  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Short	48,196	1.8200  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Long	62,864	1.8200  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	215,244	1.8200  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	61,977	1.8108  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	340,085	1.8265  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	483,197	1.8265  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	50,536	1.8279  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	66,606	1.8282  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	27	0.4710  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	82	0.4705  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	2,612	0.4686  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	23,750	0.4707  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	959	0.4730  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	1,973	0.4730  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	2,007	0.4723  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	14,406	0.4657  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	7,212	0.4750  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	1,101	0.4750  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:				11 Jun 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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