Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

14 April 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:			13 Apr 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:				11,652,958	0.50%	9,326,553	0.40%
(2) Cash-settled derivatives:				9,614,137	0.41%	7,464,617	0.32%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				21,267,095	0.91%	16,791,170	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:				1,614,131	0.33%	290,796	0.06%
(2) Cash-settled derivatives:				0	0.00%	1,383,970	0.28%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,614,131	0.33%	1,674,766	0.34%
(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	726875	1.9070  GBP	1.8900  GBP
LondonMetric Property plc 10p ordinary	Sale	1303446	1.9045  GBP	1.8896  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	21400	0.4920  GBP	0.4850  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	45793	0.4920  GBP	0.4850  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	Increasing Long	32,702	1.8896  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	70,923	1.8897  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	3,839	1.8898  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	226,827	1.8900  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	15,111	1.8913  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	1,073	1.8924  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	9,908	1.8934  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	14,592	1.8946  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	605	1.8948  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	92,185	1.8955  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	55,441	1.8962  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	178	1.8972  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	10,139	1.8976  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	6,096	1.8978  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	6,010	1.8986  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	23,519	1.8997  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	97,281	1.8900  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	7,800	1.8901  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	2,314	1.8903  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	12,815	1.8942  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	800	1.8950  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	9,728	1.8989  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	131,491	1.8990  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	2,510	1.8997  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	4,020	1.9015  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	2,779	1.9040  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	363	1.9047  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	2,888	1.9050  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	3,472	1.9070  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	299	1.9080  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	118	0.4901  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	47	0.4906  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	1,133	0.4850  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	10,514	0.4860  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	3,644	0.4862  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	4,500	0.4920  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	1,077	0.4859  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	9,942	0.4919  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	15,029	0.4920  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Short	21	0.4871  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	18,151	1.8899  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	275,033	1.8900  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	19,429	1.8928  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	120,499	1.8962  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	6,622	1.8967  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	1,919	1.9078  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	1,919	1.8901  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	23,650	1.8945  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	72,485	1.8970  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	9,020	1.9020  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:				14 Apr 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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