Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

29 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:			28 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:				9,662,725	0.41%	6,975,824	0.30%
(2) Cash-settled derivatives:				7,773,378	0.33%	6,441,545	0.27%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				17,436,103	0.74%	13,417,369	0.57%
Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,522,598	0.31%	555,500	0.11%
(2) Cash-settled derivatives:				58,294	0.01%	1,080,581	0.22%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,580,892	0.32%	1,636,081	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	952387	1.9020  GBP	1.8873  GBP
LondonMetric Property plc 10p ordinary	Sale	1692998	1.8990  GBP	1.8870  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	18308	0.4855  GBP	0.4796  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	25520	0.4855  GBP	0.4797  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	9,526	1.8912  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	43,842	1.8922  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	65,529	1.8923  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	39,586	1.8928  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	1,456	1.8934  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	9,495	1.8938  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	46,181	1.8939  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	30	1.8940  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	39,973	1.8950  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	8,012	1.8953  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	165,107	1.8957  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	34,597	1.8958  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	53,824	1.8959  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	10,191	1.8964  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	18,755	1.8978  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	743,494	1.8990  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	224,784	1.9061  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	5,936	1.8860  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	288	1.8900  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	70,027	1.8906  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	87,027	1.8910  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	10,168	1.8922  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	7,955	1.8935  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	42,893	1.8939  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	124,005	1.8940  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	129,346	1.8948  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	6,168	1.8949  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	27,797	1.8950  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	2,239	1.8960  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	5,290	1.8991  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	461	0.4855  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	6	0.4835  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	298	0.4855  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	2,009	0.4797  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	3,196	0.4806  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	17,815	0.4824  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Short	1,100	0.4796  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Short	8,419	0.4854  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	12,938	1.8900  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	7,200	1.8926  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	19,323	1.8936  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	2,419	1.8958  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	17,203	1.8905  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	12,313	1.8941  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	2	1.8950  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	7,200	1.8955  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	10,849	1.8998  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:				29 May 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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