Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

04 August 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:			03 Aug 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:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,835,997	0.38%	73,428	0.02%
(2) Cash-settled derivatives:				72,820	0.01%	1,812,050	0.37%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,908,817	0.39%	1,885,478	0.39%
Class of relevant security:				LondonMetric Property plc 10p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				17,256,055	0.73%	6,740,013	0.29%
(2) Cash-settled derivatives:				7,550,088	0.32%	12,579,699	0.54%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				24,806,143	1.06%	19,319,712	0.82%
(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
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	1015695	0.4430  GBP	0.4312  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	725628	0.4570  GBP	0.4315  GBP
LondonMetric Property plc 10p ordinary	Purchase	767401	1.9830  GBP	1.9584  GBP
LondonMetric Property plc 10p ordinary	Sale	747851	1.9810  GBP	1.9580  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	93	0.4570  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	898	0.4570  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	1,678	0.4312  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	97,687	0.4347  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	18,242	0.4350  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	11,876	0.4350  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	22,422	0.4350  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	1,040	0.4570  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	5,636	0.4347  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	5,596	0.4406  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	56,785	0.4389  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	69,723	0.4380  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	73,896	0.4380  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	18,490	0.4350  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	2,817	0.4430  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	16,976	0.4384  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	775	1.9649  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	217	1.9651  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	167,809	1.9772  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	4,107	1.9772  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	56,964	1.9722  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	3,703	1.9590  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	57,901	1.9590  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	19,625	1.9740  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	23,015	1.9740  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1,645	1.9740  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	26,863	1.9606  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	30,292	1.9589  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	44,900	1.9668  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	36	1.9590  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	4,254	1.9708  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	58	1.9603  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	2,389	1.9755  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	32,328	1.9598  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	593	1.9781  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	1,049	1.9589  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1,745	1.9740  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	35,039	1.9651  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	156	1.9649  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	54	1.9649  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	30,314	1.9587  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	3,437	1.9587  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	13,747	1.9591  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	50,805	1.9604  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Short	4,107	1.9719  GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Long	8,818	1.9719  GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	10,427	1.9705  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	875	1.9705  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	16,636	1.9595  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	44,585	1.9677  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	7,500	1.9735  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	3,178	1.9590  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	4,254	1.9591  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	112,192	1.9592  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	46,365	1.9735  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	927	1.9705  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	5,536	1.9711  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	14,705	1.9628  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	19,432	1.9590  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	23,859	1.9654  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	13	1.9590  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	3,835	1.9830  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	11,677	1.9605  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	3,600	1.9745  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	600	1.9720  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	11,748	1.9710  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	844	1.9681  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	6,231	1.9780  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	33,727	1.9704  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	38,923	1.9665  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	5,065	1.9746  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	18,610	1.9729  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:				04 Aug 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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