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Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP.

    07 May 2026 11:32:42
  • Source: Sharecast
RNS Number : 4371D
Barclays PLC
07 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:

06 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:

10,782,592

0.46%

8,002,948

0.34%

(2) Cash-settled derivatives:

8,599,352

0.37%

6,818,455

0.29%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

19,381,944

0.83%

14,821,403

0.63%

 








Class of relevant security:

Schroder Real Estate Investment Trust Limited ordinary NPV


Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

1,846,040

0.38%

644,469

0.13%

(2) Cash-settled derivatives:

0

0.00%

1,351,119

0.28%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

1,846,040

0.38%

1,995,588

0.41%

 








(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

1970917

1.9310  GBP

1.8880  GBP

LondonMetric Property plc 10p ordinary

Sale

1935030

1.9300  GBP

1.8875  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Purchase

49769

0.4900  GBP

0.4854  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Sale

40889

0.4900  GBP

0.4855  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

1,985

1.8890  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

6,799

1.9032  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

1,161

1.9059  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

47,700

1.9069  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

7

1.9108  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

9,947

1.9112  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

136,212

1.9115  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

153,082

1.9154  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

64,205

1.9157  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

1,338

1.9158  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

8,317

1.9159  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

422,848

1.9160  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

16,428

1.9163  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

2,050

1.9230  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

2,109

1.8880  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

8,369

1.9044  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

218,249

1.9054  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

300

1.9110  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

44,681

1.9161  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

1

1.9162  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

74,603

1.9164  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

70,228

1.9165  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

118,550

1.9166  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

30,869

1.9177  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

33,517

1.9179  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

4,610

1.9180  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

13,139

1.9184  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

18,152

1.9191  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

14,066

1.9199  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

550

1.9200  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

3,709

1.9207  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

1,924

1.9310  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

14

0.4868  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

515

0.4870  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Short

675

0.4899  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Short

23,398

0.4900  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Increasing Short

29,870

0.4854  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

5,115

1.8943  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

1,318

1.9158  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

36,985

1.9181  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

155,153

1.9168  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

41,072

1.9236  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:

07 May 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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