Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

08 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:			07 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:				10,543,948	0.45%	6,733,488	0.29%
(2) Cash-settled derivatives:				7,391,269	0.32%	6,631,195	0.28%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				17,935,217	0.76%	13,364,683	0.57%
Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,822,178	0.37%	638,922	0.13%
(2) Cash-settled derivatives:				0	0.00%	1,328,165	0.27%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,822,178	0.37%	1,967,087	0.40%
(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	2422983	1.9160  GBP	1.8930  GBP
LondonMetric Property plc 10p ordinary	Sale	1392167	1.9177  GBP	1.8927  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	14876	0.4803  GBP	0.4787  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	33191	0.4931  GBP	0.4762  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	54,462	1.8927  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	200,416	1.8930  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	63,180	1.8934  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	112	1.9009  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	13,180	1.9020  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	980	1.9021  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	52,553	1.9045  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	85,214	1.9075  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	70,440	1.9089  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	2,735	1.9090  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	148,167	1.9096  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	1,282	1.9170  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	770,615	1.8930  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	2,653	1.8931  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	46,662	1.8949  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	7,662	1.8950  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	12,223	1.8956  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	56,315	1.8993  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	573	1.9047  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	226	1.9052  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	46,456	1.9061  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	131,034	1.9069  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	129,594	1.9070  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	16,023	1.9075  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	36,462	1.9078  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	27,808	1.9083  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	18,800	1.9089  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	255,441	1.9090  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	29,943	1.9097  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	11,975	1.9113  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	98	0.4782  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	243	0.4801  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	19,870	0.4825  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	5,031	0.4800  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	780	0.4789  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	11,602	0.4931  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Short	485	0.4787  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Short	4,123	0.4800  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	23,270	1.8976  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	11	1.9027  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	13,811	1.9058  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	74,413	1.8931  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	63,411	1.8932  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	13	1.9100  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	12,334	1.9135  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:				08 May 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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