Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

11 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:			08 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:				10,497,451	0.45%	5,988,993	0.26%
(2) Cash-settled derivatives:				7,189,642	0.31%	6,695,020	0.29%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				17,687,093	0.75%	12,684,013	0.54%
Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,791,997	0.37%	577,711	0.12%
(2) Cash-settled derivatives:				0	0.00%	1,351,418	0.28%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,791,997	0.37%	1,929,129	0.39%
(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	2710924	1.9000  GBP	1.8795  GBP
LondonMetric Property plc 10p ordinary	Sale	2012926	1.9010  GBP	1.8760  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	157726	0.4820  GBP	0.4750  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	126696	0.4812  GBP	0.4750  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	506	1.8760  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	630,009	1.8780  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	12	1.8859  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	884	1.8876  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	711	1.8879  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	7,077	1.8880  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	85,527	1.8882  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	23	1.8895  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	6,739	1.8904  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	49,115	1.8911  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	74	1.8948  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	50,323	1.8812  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	17,281	1.8830  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	4,428	1.8871  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	22,996	1.8876  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	567,432	1.8880  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	4,836	1.8881  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	8,628	1.8882  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	62	1.8883  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	69,901	1.8888  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	4,350	1.8891  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	48,900	1.8894  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	324	1.8901  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	319	1.8921  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	31,796	1.8927  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	127	1.8934  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	190,014	1.8941  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	16,932	1.8959  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	22,099	1.8975  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	126	0.4770  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	315	0.4785  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	27,499	0.4770  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	4,529	0.4811  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Short	724	0.4750  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	2,207	1.8915  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	67,789	1.8942  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	21,854	1.8963  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	36,488	1.8880  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	40,743	1.8938  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:				11 May 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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