Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

16 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:			15 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:				14,153,762	0.60%	4,442,296	0.19%
(2) Cash-settled derivatives:				5,851,961	0.25%	11,976,581	0.51%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				20,005,723	0.85%	16,418,877	0.70%
Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,435,505	0.29%	504,206	0.10%
(2) Cash-settled derivatives:				98,797	0.02%	987,927	0.20%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,534,302	0.31%	1,492,133	0.31%
(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	3661618	1.8910  GBP	1.8520  GBP
LondonMetric Property plc 10p ordinary	Sale	1360211	1.8892  GBP	1.8516  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	96658	0.4750  GBP	0.4729  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	36931	0.4804  GBP	0.4730  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	874	1.8603  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	73,831	1.8554  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	3,172	1.8580  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	534	1.8764  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	858	1.8892  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	2,093	1.8520  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	59,712	1.8520  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	22,848	1.8583  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	47,383	1.8597  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	21,441	1.8613  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	305	1.8583  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Long	44,157	1.8519  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Long	34,259	1.8583  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	29,000	1.8829  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	12	1.8516  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	1,135	1.8639  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	9,549	1.8912  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	34,067	1.8613  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	15,994	1.8613  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Short	22,733	1.8516  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	260	1.8603  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	2,948	1.8524  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	11,172	1.8525  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	2,238	1.8603  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	7,401	1.8534  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	37,030	1.8517  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	30,407	1.8517  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	42,469	1.8516  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	140	1.8544  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	4,488	1.8573  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	17,557	1.8573  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	445	1.8544  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	2,254,334	1.8520  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	143,524	1.8521  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	29,817	1.8558  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	11,900	1.8533  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	152	1.8608  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	44	1.8544  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	558	1.8544  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	1,422	1.8577  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	600	1.8586  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	9,122	1.8652  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	45,817	1.8519  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	5,683	1.8577  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	12,219	1.8569  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	50,259	1.8530  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	44,157	1.8530  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	17,023	1.8585  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	1,221	1.8590  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	102,143	1.8521  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	10,090	1.8577  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	2,257	1.8670  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	27	0.4739  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	3,591	0.4729  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	84	0.4739  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	148	0.4720  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	42,591	0.4738  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	1,785	0.4729  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	6,477	0.4730  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	5,192	0.4804  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	5,432	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:				16 Jun 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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