Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

22 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:				19 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:				LondonMetric Property plc 10p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			14,230,517	0.61%	5,123,557	0.22%
(2)	Cash-settled derivatives:
	and/or controlled:			7,082,275	0.30%	11,844,069	0.51%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			21,312,792	0.91%	16,967,626	0.72%
Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			1,622,346	0.33%	367,616	0.08%
(2)	Cash-settled derivatives:
	and/or controlled:			58,828	0.01%	1,181,127	0.24%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			1,681,174	0.34%	1,548,743	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)	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
LondonMetric Property plc 10p ordinary		Purchase		7,973,851		1.8295  GBP	1.8060  GBP
LondonMetric Property plc 10p ordinary		Sale		9,515,202		1.8293  GBP	1.8050  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		Purchase		387,025		0.4610  GBP	0.4590  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		Sale		204,003		0.4645  GBP	0.4578  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		20	1.8257  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		956	1.8252  GBP
LondonMetric Property plc 10p ordinary		SWAP		Closing Short		5,981	1.8250  GBP
LondonMetric Property plc 10p ordinary		SWAP		Opening Long		13,795	1.8246  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		39,666	1.8197  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		1,000	1.8190  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		396	1.8249  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		523	1.8278  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		7,194	1.8290  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		19	1.8190  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		48	1.8190  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		34,267	1.8163  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		90,311	1.8289  GBP
LondonMetric Property plc 10p ordinary		SWAP		Closing Short		61,227	1.8284  GBP
LondonMetric Property plc 10p ordinary		SWAP		Opening Long		698,286	1.8284  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		10,500	1.8175  GBP
LondonMetric Property plc 10p ordinary		SWAP		Closing Short		615,578	1.8140  GBP
LondonMetric Property plc 10p ordinary		SWAP		Opening Long		2,723	1.8290  GBP
LondonMetric Property plc 10p ordinary		CFD		Decreasing Short		65,280	1.8194  GBP
LondonMetric Property plc 10p ordinary		CFD		Increasing Long		11,064	1.8288  GBP
LondonMetric Property plc 10p ordinary		CFD		Increasing Long		32,512	1.8207  GBP
LondonMetric Property plc 10p ordinary		CFD		Decreasing Short		1,354	1.8198  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		19	1.8190  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		2,861	1.8252  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		2,094	1.8252  GBP
LondonMetric Property plc 10p ordinary		SWAP		Opening Long		4,128	1.8246  GBP
LondonMetric Property plc 10p ordinary		SWAP		Closing Short		1,731	1.8250  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		6	1.8257  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		1,411	1.8250  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		10,444	1.8291  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		99,923	1.8287  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		52,351	1.8286  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		308,530	1.8287  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		89,391	1.8279  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		24,298	1.8157  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		385	1.8190  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		2	1.8220  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		7,440	1.8176  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		11,589	1.8225  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		10,800	1.8142  GBP
LondonMetric Property plc 10p ordinary		SWAP		Closing Long		2,723	1.8290  GBP
LondonMetric Property plc 10p ordinary		SWAP		Opening Short		76,789	1.8290  GBP
LondonMetric Property plc 10p ordinary		CFD		Increasing Short		10,738	1.8136  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		337	1.8190  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		656	1.8218  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		100	1.8100  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		9	1.8220  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		3	1.8200  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		34,463	1.8159  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		118,521	1.8289  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		54,166	1.8290  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		7	1.8220  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		2,625	1.8218  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		14	1.8200  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		25,707	1.8259  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		55,568	1.8124  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		777,787	1.8290  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		1,032	1.8205  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		11	1.8200  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		378,243	1.8164  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		1,892	1.8060  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		103,183	1.8246  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		99,523	1.8233  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		4,988	1.8186  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		90,419	1.8289  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		1,525	1.8293  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		5,784	1.8147  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		1,833	1.8190  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		324,331	1.8204  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		5,751	1.8161  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		418,006	1.8178  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		4,488	1.8290  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		990	1.8290  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		2,586	1.8199  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		SWAP		Increasing Short		45,058	0.4590  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		SWAP		Opening Short		18,137	0.4590  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		SWAP		Increasing Short		66,075	0.4590  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		CFD		Increasing Long		1,469	0.4578  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		SWAP		Increasing Short		10,292	0.4605  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		SWAP		Decreasing Short		180	0.4590  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		CFD		Increasing Long		20,861	0.4645  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		CFD		Decreasing Long		5,749	0.4589  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:				22 Jun 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END