Contact us Find us Register
Back to previous section

Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP.

    29 April 2026 10:48:29
  • Source: Sharecast
RNS Number : 4192C
Barclays PLC
29 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:

28 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:

10,740,426

0.46%

7,934,242

0.34%

(2) Cash-settled derivatives:

8,729,957

0.37%

7,061,938

0.30%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

19,470,383

0.83%

14,996,180

0.64%

 








Class of relevant security:

Schroder Real Estate Investment Trust Limited ordinary NPV


Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

1,575,457

0.32%

327,263

0.07%

(2) Cash-settled derivatives:

0

0.00%

1,388,494

0.28%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

1,575,457

0.32%

1,715,757

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

873112

1.9127  GBP

1.8935  GBP

LondonMetric Property plc 10p ordinary

Sale

2751412

1.9200  GBP

1.8935  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Purchase

82022

0.4835  GBP

0.4750  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Sale

64796

0.4823  GBP

0.4730  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

1,103

1.8939  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

1,972

1.8980  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

5,827

1.8989  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

11,247

1.9011  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

65,701

1.9020  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

122,882

1.9025  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

29,765

1.9030  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

11,396

1.9033  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

70,818

1.9035  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

17,649

1.9045  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

3,063

1.9046  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

64,183

1.9049  GBP

LondonMetric Property plc 10p ordinary

SWAP

Opening Long

1,492,723

1.9050  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

132,696

1.9053  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

53

1.9055  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

4,948

1.9059  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

27,007

1.9070  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

105

1.9199  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

10,749

1.8983  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

894

1.9017  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

22,553

1.9020  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

133

1.9023  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

292

1.9032  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

73,501

1.9034  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

53

1.9035  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

26,983

1.9049  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

27,264

1.9050  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

45

1.9052  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

42,007

1.9053  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

1,022

1.9060  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

89,102

1.9062  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

1,906

1.9110  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

5,810

0.4770  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

4,234

0.4809  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

3,477

0.4817  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

24,458

0.4750  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

2

0.4790  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Short

7,910

0.4796  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Increasing Short

19,513

0.4750  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

1,842

1.8941  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

1

1.9000  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

14,322

1.9032  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

60,153

1.9053  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

56,216

1.9044  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:

29 Apr 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
 
 
FEOAKCBQCBKKBQB

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

View our accounts

Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.