Form 8.5 EPT/Non RI LONDONMETRIC PROPERTY PLC

Barclays PLC

05 March 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:				04 Mar 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:			13,305,151	0.57%	13,989,112	0.60%
(2)	Cash-settled derivatives:
	and/or controlled:			13,866,256	0.59%	6,737,455	0.29%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			27,171,407	1.16%	20,726,567	0.88%
(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		1,118,132		2.1060  GBP	2.0540  GBP
10p ordinary		Sale		3,912,471		2.1060  GBP	2.0556  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		Increasing Long		8,994	2.0556  GBP
10p ordinary		SWAP		Increasing Long		8,094	2.0568  GBP
10p ordinary		SWAP		Increasing Long		6,107	2.0573  GBP
10p ordinary		SWAP		Increasing Long		352	2.0595  GBP
10p ordinary		SWAP		Increasing Long		1,079,696	2.0620  GBP
10p ordinary		SWAP		Increasing Long		104	2.0659  GBP
10p ordinary		SWAP		Increasing Long		12,609	2.0680  GBP
10p ordinary		SWAP		Increasing Long		3,777	2.0797  GBP
10p ordinary		SWAP		Increasing Long		6	2.0870  GBP
10p ordinary		SWAP		Increasing Long		7,160	2.0880  GBP
10p ordinary		SWAP		Increasing Long		1,000	2.0899  GBP
10p ordinary		SWAP		Increasing Long		3,792	2.0910  GBP
10p ordinary		SWAP		Increasing Long		7	2.0922  GBP
10p ordinary		SWAP		Increasing Long		11,936	2.0930  GBP
10p ordinary		SWAP		Increasing Long		314,479	2.0935  GBP
10p ordinary		SWAP		Increasing Long		191,543	2.0939  GBP
10p ordinary		SWAP		Increasing Long		51,491	2.0944  GBP
10p ordinary		SWAP		Increasing Long		15,060	2.0948  GBP
10p ordinary		SWAP		Increasing Long		41,535	2.0950  GBP
10p ordinary		SWAP		Increasing Long		40,801	2.0965  GBP
10p ordinary		SWAP		Increasing Long		4,701	2.0983  GBP
10p ordinary		SWAP		Increasing Long		1,050	2.0985  GBP
10p ordinary		SWAP		Increasing Long		3,061	2.0996  GBP
10p ordinary		SWAP		Increasing Long		17,307	2.1014  GBP
10p ordinary		SWAP		Increasing Long		4	2.1018  GBP
10p ordinary		SWAP		Increasing Long		509,238	2.1019  GBP
10p ordinary		SWAP		Increasing Long		561,399	2.1020  GBP
10p ordinary		SWAP		Decreasing Long		3,092	2.0605  GBP
10p ordinary		SWAP		Decreasing Long		46,631	2.0710  GBP
10p ordinary		SWAP		Decreasing Long		10,081	2.0755  GBP
10p ordinary		SWAP		Decreasing Long		9,515	2.0805  GBP
10p ordinary		SWAP		Decreasing Long		5,453	2.0860  GBP
10p ordinary		SWAP		Decreasing Long		29,533	2.0877  GBP
10p ordinary		SWAP		Decreasing Long		89,665	2.0966  GBP
10p ordinary		SWAP		Decreasing Long		100	2.0980  GBP
10p ordinary		SWAP		Decreasing Long		1,882	2.0993  GBP
10p ordinary		SWAP		Decreasing Long		102,156	2.1013  GBP
10p ordinary		SWAP		Decreasing Long		1,086	2.1020  GBP
10p ordinary		SWAP		Decreasing Long		16,667	2.1021  GBP
10p ordinary		SWAP		Decreasing Long		25,405	2.1023  GBP
10p ordinary		SWAP		Decreasing Long		138,811	2.1024  GBP
10p ordinary		CFD		Increasing Long		22	2.0581  GBP
10p ordinary		CFD		Increasing Long		9,242	2.0769  GBP
10p ordinary		CFD		Increasing Long		17,604	2.0886  GBP
10p ordinary		CFD		Increasing Long		149,814	2.1018  GBP
10p ordinary		CFD		Increasing Long		147,462	2.1020  GBP
10p ordinary		CFD		Decreasing Long		1,148	2.0581  GBP
10p ordinary		CFD		Decreasing Long		30,177	2.0834  GBP
10p ordinary		CFD		Decreasing Long		23,904	2.0977  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:				05 Mar 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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