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Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP.

    17 April 2026 10:48:37
  • Source: Sharecast
RNS Number : 9609A
Barclays PLC
17 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:

16 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:

10,713,615

0.46%

10,939,479

0.47%

(2) Cash-settled derivatives:

11,195,199

0.48%

6,523,951

0.28%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

21,908,814

0.93%

17,463,430

0.74%

 








Class of relevant security:

Schroder Real Estate Investment Trust Limited ordinary NPV


Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

1,527,765

0.31%

280,725

0.06%

(2) Cash-settled derivatives:

0

0.00%

1,349,386

0.28%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

1,527,765

0.31%

1,630,111

0.33%

 








(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

391545

1.9790  GBP

1.9224  GBP

LondonMetric Property plc 10p ordinary

Sale

2151309

1.9788  GBP

1.9368  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Purchase

34632

0.5069  GBP

0.5031  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Sale

76958

0.5064  GBP

0.5023  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

6,122

1.9349  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

733

1.9368  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

533

1.9438  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

2,789

1.9440  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

85,358

1.9450  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

23,341

1.9456  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

1,152,175

1.9460  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

1,216

1.9461  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

13,756

1.9468  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

724

1.9477  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

4,857

1.9492  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

16,065

1.9554  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

282

1.9586  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

313,181

1.9593  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

152,125

1.9610  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

19,372

1.9624  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

6,894

1.9628  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

15,781

1.9719  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

5,812

1.9310  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

5,500

1.9311  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

10,461

1.9452  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

21,834

1.9460  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

2,330

1.9462  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

67,528

1.9463  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

6,634

1.9466  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

54

1.9475  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

9,298

1.9506  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

11,345

1.9569  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

4,486

1.9586  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

26,596

1.9694  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

4,342

0.5030  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

42

0.5032  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

103

0.5043  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

5,658

0.5050  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

197

0.5050  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Short

12,981

0.5049  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Increasing Short

866

0.5030  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

20,246

1.9458  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

71,771

1.9565  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

2

1.9350  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:

17 Apr 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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