Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

18 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:			17 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:				14,016,388	0.60%	4,975,029	0.21%
(2) Cash-settled derivatives:				6,472,280	0.28%	12,114,994	0.52%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				20,488,668	0.87%	17,090,023	0.73%
Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,450,910	0.30%	424,583	0.09%
(2) Cash-settled derivatives:				41,670	0.01%	1,008,438	0.21%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,492,580	0.31%	1,433,021	0.29%
(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	1601705	1.8568  GBP	1.8195  GBP
LondonMetric Property plc 10p ordinary	Sale	2012759	1.8600  GBP	1.8200  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	136113	0.4680  GBP	0.4624  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	83978	0.4682  GBP	0.4655  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	199	1.8248  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	4,079	1.8474  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	500	1.8610  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	272	1.8226  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	279,296	1.8240  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	198,284	1.8241  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	20,395	1.8239  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	10,300	1.8473  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	59,130	1.8258  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	624	1.8238  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	167	1.8241  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	1	1.8200  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	44,514	1.8259  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	856	1.8244  USD
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	16,467	1.8272  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	106	1.8348  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	69	1.8348  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	55	1.8248  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	30,956	1.8241  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	246	1.8248  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	21,350	1.8243  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	69,495	1.8236  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	68,614	1.8263  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	28,732	1.8324  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	56,438	1.8264  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	21,480	1.8253  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	19,200	1.8373  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	1,359	1.8517  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	600	1.8470  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	4,278	1.8285  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	78,916	1.8245  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	12,940	1.8250  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	28,109	1.8240  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	3,257	1.8249  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	8,932	1.8240  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	7,203	1.8367  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	218	1.8240  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	947	1.8300  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	12,873	1.8429  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	23,247	1.8279  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	1,503	1.8294  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	5,660	0.4665  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Closing Short	674	0.4665  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Opening Long	4,212	0.4665  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	8,052	0.4665  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	667	0.4670  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	227	0.4644  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Closing Long	4,212	0.4665  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	414	0.4655  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	3,219	0.4682  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	2,293	0.4662  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	1,055	0.4654  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	31,301	0.4665  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:				18 Jun 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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