Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC
03 August 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:

31 Jul 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:

17,247,230

0.73%

6,750,738

0.29%

(2) Cash-settled derivatives:

7,578,359

0.32%

12,782,787

0.54%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

 TOTAL:

 

24,825,589

1.06%

19,533,525

0.83%

Class of relevant security:

Schroder Real Estate Investment Trust Limited ordinary NPV


Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

1,604,282

0.33%

131,780

0.03%

(2) Cash-settled derivatives:

131,172

0.03%

1,584,179

0.32%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

 TOTAL:

 

1,735,454

0.35%

1,715,959

0.35%

 








(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

1908788

1.9830  GBP

1.9594  GBP

LondonMetric Property plc 10p ordinary

Sale

1199001

1.9848  GBP

1.9594  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Purchase

255220

0.4472  GBP

0.4417  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Sale

295292

0.4467  GBP

0.4417  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

Decreasing Short

3

1.9765  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

431

1.9646  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

3,552

1.9624  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

85,770

1.9685  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

85,982

1.9752  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

2,681

1.9664  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

13,438

1.9620  GBP

LondonMetric Property plc 10p ordinary

SWAP

Opening Long

30,052

1.9700  GBP

LondonMetric Property plc 10p ordinary

SWAP

Opening Short

47,552

1.9620  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

2,520

1.9700  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

18,762

1.9639  GBP

LondonMetric Property plc 10p ordinary

SWAP

Opening Long

33

1.9757  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

10,500

1.9610  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

6,243

1.9646  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

3,057

1.9928  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

11,616

1.9620  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Short

16,282

1.9638  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Short

36,002

1.9629  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

2,672

1.9700  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

13,034

1.9649  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

59

1.9646  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

35

1.9646  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

1,100

1.9624  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

9,401

1.9617  GBP

LondonMetric Property plc 10p ordinary

SWAP

Closing Long

5,985

1.9623  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

2,472

1.9623  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

1,697

1.9624  GBP

LondonMetric Property plc 10p ordinary

SWAP

Opening Short

5,607

1.9622  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

40,935

1.9784  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

47,552

1.9620  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

1,320

1.9930  GBP

LondonMetric Property plc 10p ordinary

SWAP

Closing Long

33

1.9621  GBP

LondonMetric Property plc 10p ordinary

SWAP

Opening Short

79,187

1.9621  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

6,900

1.9848  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

219

1.9835  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

3,057

1.9621  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Short

7,125

1.9760  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

2,044

1.9629  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

2,390

1.9808  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

25,012

1.9696  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

42,859

1.9628  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

69,990

1.9693  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

231

1.9620  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

15,893

1.9717  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

2,609

1.9620  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

5,737

1.9672  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

11,511

1.9753  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

448

1.9630  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

28,151

1.9742  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

84

1.9620  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

202,038

1.9713  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

6,763

1.9620  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

17,740

1.9684  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

24,632

1.9686  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

925

1.9820  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

1,310

1.9656  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

289,245

1.9696  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

10

0.4460  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

4,550

0.4460  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Short

14,925

0.4459  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Long

62,730

0.4448  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

2,795

0.4420  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Long

7,000

0.4431  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

4,202

0.4457  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Increasing Long

64,411

0.4457  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

3,873

0.4425  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:

03 Aug 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 

Companies

Barclays (BARC)
UK 100
FTSE quotes by TradingView

Latest directors dealings

All directors dealings today