Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

16 April 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:			15 Apr 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:				11,411,016	0.49%	9,877,116	0.42%
(2) Cash-settled derivatives:				10,196,807	0.43%	7,261,000	0.31%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				21,607,823	0.92%	17,138,116	0.73%
Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,550,290	0.32%	260,924	0.05%
(2) Cash-settled derivatives:				0	0.00%	1,371,449	0.28%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,550,290	0.32%	1,632,373	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	980648	1.9182  GBP	1.9110  GBP
LondonMetric Property plc 10p ordinary	Sale	2215592	1.9186  GBP	1.9085  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	32055	0.5100  GBP	0.5050  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	54814	0.5099  GBP	0.5050  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	413	1.9122  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	181,995	1.9131  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	108	1.9134  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	9,869	1.9138  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	3,174	1.9140  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	260	1.9144  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	13,307	1.9148  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	164,429	1.9151  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	228	1.9158  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	507	1.9168  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	750	1.9170  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	51,626	1.9176  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	11,181	1.9177  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	1,324	1.9179  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	1,359,245	1.9180  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	20,120	1.9187  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	6,131	1.9130  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	72	1.9131  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	867	1.9132  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	13,274	1.9136  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	13,585	1.9138  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	313,420	1.9140  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	88,173	1.9144  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	121,177	1.9145  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	6,800	1.9151  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1,059	1.9160  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	862	1.9166  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1,884	1.9167  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	16,191	1.9170  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	83,001	1.9180  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	27,789	1.9182  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	500	1.9200  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	6,463	0.5070  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	184	0.5093  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	439	0.5100  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	1,719	0.5067  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	6,324	0.5099  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	29,560	1.9126  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	42,691	1.9174  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	366	1.9178  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:				16 Apr 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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