Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

27 May 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:			26 May 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:				10,577,818	0.45%	6,383,400	0.27%
(2) Cash-settled derivatives:				7,199,168	0.31%	7,450,381	0.32%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				17,776,986	0.76%	13,833,781	0.59%
Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,516,130	0.31%	541,506	0.11%
(2) Cash-settled derivatives:				29,906	0.01%	1,073,754	0.22%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,546,036	0.32%	1,615,260	0.33%
(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	1593062	1.9010  GBP	1.8800  GBP
LondonMetric Property plc 10p ordinary	Sale	1696627	1.9070  GBP	1.8851  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	24081	0.4875  GBP	0.4815  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	23692	0.4875  GBP	0.4760  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	11,542	1.8865  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	152,748	1.8867  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	147,757	1.8869  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	91,515	1.8870  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	31,539	1.8872  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	128,210	1.8920  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	46,043	1.8935  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	4,659	1.8955  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	4,073	1.8959  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	4,208	1.8970  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	121,985	1.8987  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	125,390	1.8992  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	4,018	1.8994  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	7,829	1.9046  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	7,934	1.9049  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	21,304	1.9053  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	53	1.8810  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	29,759	1.8813  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	955	1.8821  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	2,964	1.8833  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	58,064	1.8869  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	200,663	1.8870  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	47,276	1.8872  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	7,438	1.8878  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	118,032	1.8882  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	716	1.8890  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1,987	1.8901  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	14,737	1.8903  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	22,838	1.8924  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	102,135	1.8927  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	20,912	1.8929  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	78,468	1.8943  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	96,179	1.8950  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	3,907	1.8951  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	163	1.8972  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	3	0.4836  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	1,527	0.4859  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	10,176	0.4860  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	1	0.4875  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	2,826	0.4760  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	276	0.4814  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	2,396	0.4835  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	854	0.4864  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Short	10,000	0.4845  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Short	159	0.4859  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Short	2,288	0.4860  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	143	1.8961  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	12,951	1.8838  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:				27 May 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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