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Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP.

    14 April 2026 10:44:20
  • Source: Sharecast
RNS Number : 4108A
Barclays PLC
14 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:

13 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:

11,652,958

0.50%

9,326,553

0.40%

(2) Cash-settled derivatives:

9,614,137

0.41%

7,464,617

0.32%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

21,267,095

0.91%

16,791,170

0.72%

 








Class of relevant security:

Schroder Real Estate Investment Trust Limited ordinary NPV


Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

1,614,131

0.33%

290,796

0.06%

(2) Cash-settled derivatives:

0

0.00%

1,383,970

0.28%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

1,614,131

0.33%

1,674,766

0.34%

 








(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

726875

1.9070  GBP

1.8900  GBP

LondonMetric Property plc 10p ordinary

Sale

1303446

1.9045  GBP

1.8896  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Purchase

21400

0.4920  GBP

0.4850  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Sale

45793

0.4920  GBP

0.4850  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

32,702

1.8896  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

70,923

1.8897  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

3,839

1.8898  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

226,827

1.8900  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

15,111

1.8913  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

1,073

1.8924  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

9,908

1.8934  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

14,592

1.8946  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

605

1.8948  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

92,185

1.8955  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

55,441

1.8962  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

178

1.8972  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

10,139

1.8976  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

6,096

1.8978  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

6,010

1.8986  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

23,519

1.8997  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

97,281

1.8900  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

7,800

1.8901  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

2,314

1.8903  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

12,815

1.8942  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

800

1.8950  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

9,728

1.8989  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

131,491

1.8990  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

2,510

1.8997  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

4,020

1.9015  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

2,779

1.9040  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

363

1.9047  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

2,888

1.9050  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

3,472

1.9070  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

299

1.9080  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

118

0.4901  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

47

0.4906  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

1,133

0.4850  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

10,514

0.4860  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

3,644

0.4862  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

4,500

0.4920  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Short

1,077

0.4859  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Short

9,942

0.4919  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Short

15,029

0.4920  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Increasing Short

21

0.4871  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

18,151

1.8899  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

275,033

1.8900  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

19,429

1.8928  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

120,499

1.8962  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

6,622

1.8967  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

1,919

1.9078  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

1,919

1.8901  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

23,650

1.8945  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

72,485

1.8970  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

9,020

1.9020  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:

14 Apr 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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