Contact us Find us Register
Back to previous section

Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP.

    11 May 2026 09:27:10
  • Source: Sharecast
RNS Number : 7939D
Barclays PLC
11 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:

08 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:

10,497,451

0.45%

5,988,993

0.26%

(2) Cash-settled derivatives:

7,189,642

0.31%

6,695,020

0.29%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

17,687,093

0.75%

12,684,013

0.54%

 








Class of relevant security:

Schroder Real Estate Investment Trust Limited ordinary NPV


Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

1,791,997

0.37%

577,711

0.12%

(2) Cash-settled derivatives:

0

0.00%

1,351,418

0.28%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

1,791,997

0.37%

1,929,129

0.39%

 
















(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

2710924

1.9000  GBP

1.8795  GBP

LondonMetric Property plc 10p ordinary

Sale

2012926

1.9010  GBP

1.8760  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Purchase

157726

0.4820  GBP

0.4750  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Sale

126696

0.4812  GBP

0.4750  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

506

1.8760  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

630,009

1.8780  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

12

1.8859  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

884

1.8876  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

711

1.8879  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

7,077

1.8880  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

85,527

1.8882  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

23

1.8895  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

6,739

1.8904  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

49,115

1.8911  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

74

1.8948  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

50,323

1.8812  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

17,281

1.8830  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

4,428

1.8871  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

22,996

1.8876  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

567,432

1.8880  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

4,836

1.8881  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

8,628

1.8882  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

62

1.8883  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

69,901

1.8888  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

4,350

1.8891  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

48,900

1.8894  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

324

1.8901  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

319

1.8921  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

31,796

1.8927  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

127

1.8934  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

190,014

1.8941  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

16,932

1.8959  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

22,099

1.8975  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

126

0.4770  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

315

0.4785  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

27,499

0.4770  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Short

4,529

0.4811  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Increasing Short

724

0.4750  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

2,207

1.8915  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

67,789

1.8942  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

21,854

1.8963  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

36,488

1.8880  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

40,743

1.8938  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:

11 May 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
 
 
FEOAKDBKFBKKNPD

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.