Form 8.5 EPT/Non RI LONDONMETRIC PROPERTY PLC

Barclays PLC

27 February 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				LONDONMETRIC PROPERTY PLC
	relevant securities this form relates:
(c)	Name of the party to the offer with which exempt				PICTON PROPERTY INCOME LTD
	principal trader is connected
(d)	Date position held/dealing undertaken:				26 Feb 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:				10p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			13,514,370	0.58%	5,689,091	0.24%
(2)	Cash-settled derivatives:
	and/or controlled:			5,470,016	0.23%	6,542,099	0.28%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			18,984,386	0.81%	12,231,190	0.52%
(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
10p ordinary		Purchase		1,558,774		2.1280  GBP	2.1000  GBP
10p ordinary		Sale		1,645,194		2.1280  GBP	2.1040  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
10p ordinary		SWAP		Decreasing Short		625,874	2.1060  GBP
10p ordinary		SWAP		Decreasing Short		71	2.1153  GBP
10p ordinary		SWAP		Decreasing Short		7,154	2.1170  GBP
10p ordinary		SWAP		Decreasing Short		2,190	2.1184  GBP
10p ordinary		SWAP		Decreasing Short		86,369	2.1186  GBP
10p ordinary		SWAP		Decreasing Short		6,953	2.1187  GBP
10p ordinary		SWAP		Decreasing Short		8,565	2.1193  GBP
10p ordinary		SWAP		Decreasing Short		23,985	2.1196  GBP
10p ordinary		SWAP		Decreasing Short		28,274	2.1215  GBP
10p ordinary		SWAP		Decreasing Short		56,127	2.1237  GBP
10p ordinary		SWAP		Decreasing Short		5,050	2.1255  GBP
10p ordinary		SWAP		Decreasing Short		20,965	2.1256  GBP
10p ordinary		SWAP		Decreasing Short		88,069	2.1260  GBP
10p ordinary		SWAP		Increasing Short		1,334	2.1000  GBP
10p ordinary		SWAP		Increasing Short		53,194	2.1086  GBP
10p ordinary		SWAP		Increasing Short		8,987	2.1088  GBP
10p ordinary		SWAP		Increasing Short		26,304	2.1099  GBP
10p ordinary		SWAP		Increasing Short		930	2.1100  GBP
10p ordinary		SWAP		Increasing Short		9,356	2.1102  GBP
10p ordinary		SWAP		Increasing Short		81,115	2.1106  GBP
10p ordinary		SWAP		Increasing Short		112,095	2.1109  GBP
10p ordinary		SWAP		Increasing Short		4,307	2.1133  GBP
10p ordinary		SWAP		Increasing Short		37,473	2.1151  GBP
10p ordinary		SWAP		Increasing Short		4,780	2.1155  GBP
10p ordinary		SWAP		Increasing Short		64,324	2.1180  GBP
10p ordinary		SWAP		Increasing Short		3,690	2.1186  GBP
10p ordinary		SWAP		Increasing Short		7,727	2.1198  GBP
10p ordinary		SWAP		Increasing Short		76,066	2.1218  GBP
10p ordinary		SWAP		Increasing Short		1	2.1220  GBP
10p ordinary		SWAP		Increasing Short		39,099	2.1239  GBP
10p ordinary		SWAP		Increasing Short		2	2.1250  GBP
10p ordinary		SWAP		Increasing Short		3,457	2.1256  GBP
10p ordinary		SWAP		Increasing Short		205,428	2.1260  GBP
10p ordinary		SWAP		Increasing Short		7,311	2.1261  GBP
10p ordinary		SWAP		Increasing Short		27,122	2.1263  GBP
10p ordinary		SWAP		Increasing Short		44,575	2.1264  GBP
10p ordinary		CFD		Decreasing Short		15,032	2.1181  GBP
10p ordinary		CFD		Decreasing Short		58,615	2.1258  GBP
10p ordinary		CFD		Increasing Short		1,780	2.1001  GBP
10p ordinary		CFD		Increasing Short		11,020	2.1086  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:				27 Feb 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END