Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

01 September 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:				28 Aug 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:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			1,351,787	0.28%	1,940,767	0.40%
(2)	Cash-settled derivatives:
	and/or controlled:			1,940,767	0.40%	1,331,684	0.27%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			3,292,554	0.67%	3,272,451	0.67%
Class of relevant security:				LondonMetric Property plc 10p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			17,769,872	0.76%	6,993,623	0.30%
(2)	Cash-settled derivatives:
	and/or controlled:			7,432,091	0.32%	12,402,998	0.53%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			25,201,963	1.07%	19,396,621	0.83%
(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
Schroder Real Estate Investment Trust Limited ordinary NPV		Purchase		71,507		0.4395  GBP	0.4354  GBP
LondonMetric Property plc 10p ordinary		Purchase		1,422,115		1.8974  GBP	1.8813  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		Sale		634,999		0.4369  GBP	0.4330  GBP
LondonMetric Property plc 10p ordinary		Sale		1,302,669		1.8970  GBP	1.8817  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		Decreasing Short		2,253	1.8897  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		244	1.8891  GBP
LondonMetric Property plc 10p ordinary		SWAP		Closing Short		68,143	1.8902  GBP
LondonMetric Property plc 10p ordinary		SWAP		Opening Long		38,863	1.8902  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		19,457	1.8868  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		246	1.8904  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		76,213	1.8900  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		SWAP		Decreasing Short		368,167	0.4330  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		43	1.8930  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		272,373	1.8900  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		SWAP		Increasing Short		16,956	0.4394  GBP
LondonMetric Property plc 10p ordinary		SWAP		Opening Long		8,217	1.8899  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		73,128	1.8867  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		SWAP		Decreasing Short		205,142	0.4330  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		2,142	1.8914  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		CFD		Increasing Long		3,524	0.4394  GBP
LondonMetric Property plc 10p ordinary		CFD		Opening Short		5,929	1.8882  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		CFD		Increasing Long		5,000	0.4329  GBP
LondonMetric Property plc 10p ordinary		CFD		Increasing Long		54,882	1.8899  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		CFD		Decreasing Long		2,372	0.4360  GBP
LondonMetric Property plc 10p ordinary		CFD		Increasing Short		68,754	1.8890  GBP
LondonMetric Property plc 10p ordinary		CFD		Increasing Long		72,432	1.8889  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		5,179	1.8861  GBP
LondonMetric Property plc 10p ordinary		SWAP		Opening Short		577,924	1.8900  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		20	1.8863  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		8,031	1.8894  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		20	1.8877  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		56,007	1.8904  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		49,035	1.8904  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		609	1.8897  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		16,821	1.8904  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		3,894	1.8904  GBP
LondonMetric Property plc 10p ordinary		SWAP		Opening Short		67,761	1.8903  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		881	1.8903  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		2,735	1.8897  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		398	1.8901  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		972	1.8903  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		609	1.8844  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		1,397	1.8905  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		100	1.8910  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		8,448	1.8901  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		SWAP		Increasing Short		1	0.4395  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		702	1.8919  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		49,818	1.8908  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		19,872	1.8901  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		SWAP		Increasing Short		1	0.4395  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		29,516	1.8900  GBP
LondonMetric Property plc 10p ordinary		CFD		Decreasing Long		5,894	1.8813  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		2	1.8904  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		165	1.8844  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		725	1.8844  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		46	1.8900  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		283	1.8869  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		SWAP		Decreasing Short		4,318	0.4395  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		442	1.8890  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		29,249	1.8844  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV		SWAP		Decreasing Short		91	0.4395  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		72,730	1.8900  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Long		203	1.8850  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		3,284	1.8890  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		22,005	1.8900  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		6,276	1.8838  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		4,499	1.8832  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		6,056	1.8900  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Long		8,145	1.8900  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		85,765	1.8898  GBP
LondonMetric Property plc 10p ordinary		SWAP		Closing Long		725	1.8900  GBP
LondonMetric Property plc 10p ordinary		SWAP		Opening Short		29,708	1.8900  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		16,478	1.8895  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		9,729	1.8900  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		58,559	1.8900  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		9,833	1.8820  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		3,270	1.8872  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		3,487	1.8843  GBP
LondonMetric Property plc 10p ordinary		SWAP		Decreasing Short		40,710	1.8883  GBP
LondonMetric Property plc 10p ordinary		SWAP		Increasing Short		12,159	1.8941  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:				01 Sept 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END