Form 8.5 EPT/Non RI LONDONMETRIC PROPERTY PLC

Barclays PLC

23 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				LONDONMETRIC PROPERTY PLC
	principal trader is connected
(d)	Date position held/dealing undertaken:				20 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:			9,961,463	0.42%	10,306,370	0.44%
(2)	Cash-settled derivatives:
	and/or controlled:			11,083,521	0.47%	7,835,928	0.33%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			21,044,984	0.90%	18,142,298	0.77%
(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		8,697,680		1.9025  GBP	1.8400  GBP
10p ordinary		Sale		8,959,482		1.9030  GBP	1.8370  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		99,746	1.8400  GBP
10p ordinary		SWAP		Increasing Long		6,274	1.8435  GBP
10p ordinary		SWAP		Increasing Long		785	1.8470  GBP
10p ordinary		SWAP		Increasing Long		154	1.8474  GBP
10p ordinary		SWAP		Increasing Long		1,723	1.8476  GBP
10p ordinary		SWAP		Increasing Long		29,877	1.8476  USD
10p ordinary		SWAP		Increasing Long		925,257	1.8477  GBP
10p ordinary		SWAP		Increasing Long		367,079	1.8480  GBP
10p ordinary		SWAP		Increasing Long		355,995	1.8483  GBP
10p ordinary		SWAP		Increasing Long		253,875	1.8507  GBP
10p ordinary		SWAP		Increasing Long		6,274	1.8520  GBP
10p ordinary		SWAP		Increasing Long		47,362	1.8544  GBP
10p ordinary		SWAP		Increasing Long		6,935	1.8562  GBP
10p ordinary		SWAP		Increasing Long		52,462	1.8583  GBP
10p ordinary		SWAP		Increasing Long		38,047	1.8620  GBP
10p ordinary		SWAP		Increasing Long		1,965	1.8643  GBP
10p ordinary		SWAP		Increasing Long		7,818	1.8678  GBP
10p ordinary		SWAP		Increasing Long		6,274	1.8760  GBP
10p ordinary		SWAP		Increasing Long		67,601	1.8784  GBP
10p ordinary		SWAP		Increasing Long		1,414	1.8825  GBP
10p ordinary		SWAP		Increasing Long		15,446	1.8852  GBP
10p ordinary		SWAP		Increasing Long		14,991	1.8889  GBP
10p ordinary		SWAP		Increasing Long		2,189	1.8899  GBP
10p ordinary		SWAP		Increasing Long		6,274	1.8905  GBP
10p ordinary		SWAP		Increasing Long		6,274	1.8920  GBP
10p ordinary		SWAP		Increasing Long		6,274	1.8930  GBP
10p ordinary		SWAP		Decreasing Long		6,274	1.8435  GBP
10p ordinary		SWAP		Decreasing Long		361	1.8474  GBP
10p ordinary		SWAP		Decreasing Long		8,178	1.8479  GBP
10p ordinary		SWAP		Decreasing Long		1,045,517	1.8480  GBP
10p ordinary		SWAP		Decreasing Long		3,334	1.8482  GBP
10p ordinary		SWAP		Decreasing Long		103,517	1.8483  GBP
10p ordinary		SWAP		Decreasing Long		975	1.8491  GBP
10p ordinary		SWAP		Decreasing Long		360	1.8492  GBP
10p ordinary		SWAP		Decreasing Long		18,034	1.8503  GBP
10p ordinary		SWAP		Decreasing Long		6,274	1.8520  GBP
10p ordinary		SWAP		Decreasing Long		2,204	1.8614  GBP
10p ordinary		SWAP		Decreasing Long		368	1.8642  GBP
10p ordinary		SWAP		Decreasing Long		56,732	1.8699  GBP
10p ordinary		SWAP		Decreasing Long		266,541	1.8704  GBP
10p ordinary		SWAP		Decreasing Long		100	1.8710  GBP
10p ordinary		SWAP		Decreasing Long		136,489	1.8747  GBP
10p ordinary		SWAP		Decreasing Long		65,186	1.8760  GBP
10p ordinary		SWAP		Decreasing Long		83,779	1.8765  GBP
10p ordinary		SWAP		Decreasing Long		46,555	1.8780  GBP
10p ordinary		SWAP		Decreasing Long		19,868	1.8782  GBP
10p ordinary		SWAP		Decreasing Long		159,046	1.8785  GBP
10p ordinary		SWAP		Decreasing Long		468,435	1.8807  GBP
10p ordinary		SWAP		Decreasing Long		7,124	1.8821  GBP
10p ordinary		SWAP		Decreasing Long		1,414	1.8825  GBP
10p ordinary		SWAP		Decreasing Long		352	1.8827  GBP
10p ordinary		SWAP		Decreasing Long		42,686	1.8839  GBP
10p ordinary		SWAP		Decreasing Long		218,515	1.8871  GBP
10p ordinary		SWAP		Decreasing Long		881	1.8880  GBP
10p ordinary		SWAP		Decreasing Long		15,073	1.8885  GBP
10p ordinary		SWAP		Decreasing Long		6,274	1.8905  GBP
10p ordinary		SWAP		Decreasing Long		6,274	1.8920  GBP
10p ordinary		SWAP		Decreasing Long		6,274	1.8930  GBP
10p ordinary		SWAP		Decreasing Long		7,999	1.8951  GBP
10p ordinary		SWAP		Decreasing Long		102,000	1.8957  GBP
10p ordinary		CFD		Increasing Long		63,336	1.8412  GBP
10p ordinary		CFD		Increasing Long		138,443	1.8478  GBP
10p ordinary		CFD		Increasing Long		118,775	1.8495  GBP
10p ordinary		CFD		Increasing Long		56,342	1.8629  GBP
10p ordinary		CFD		Decreasing Long		7,230	1.8781  GBP
10p ordinary		CFD		Decreasing Long		2,670	1.8901  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:				23 Mar 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END