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Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP.

    09 July 2026 11:39:31
  • Source: Sharecast
RNS Number : 7349L
Barclays PLC
09 July 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 Jul 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:

16,053,132

0.68%

7,904,093

0.34%

(2) Cash-settled derivatives:

9,603,998

0.41%

13,529,744

0.58%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

25,657,130

1.09%

21,433,837

0.91%

 








Class of relevant security:

Schroder Real Estate Investment Trust Limited ordinary NPV


Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

1,432,863

0.29%

187,336

0.04%

(2) Cash-settled derivatives:

186,304

0.04%

1,305,386

0.27%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

1,619,167

0.33%

1,492,722

0.31%

 
















(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

2450830

1.8720  GBP

1.8410  GBP

LondonMetric Property plc 10p ordinary

Sale

1841868

1.8730  GBP

1.8440  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Purchase

14328

0.4634  GBP

0.4585  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Sale

45186

0.4650  GBP

0.4585  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 Short

2,950

1.8569  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

22,069

1.8684  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

15,423

1.8552  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

6,641

1.8552  GBP

LondonMetric Property plc 10p ordinary

SWAP

Closing Long

57,228

1.8560  GBP

LondonMetric Property plc 10p ordinary

SWAP

Opening Short

163,187

1.8560  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

888,438

1.8560  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

4,183

1.8652  GBP

LondonMetric Property plc 10p ordinary

SWAP

Opening Long

1

1.8600  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

14,600

1.8638  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

3,123

1.8560  GBP

LondonMetric Property plc 10p ordinary

CFD

Closing Short

112,614

1.8558  GBP

LondonMetric Property plc 10p ordinary

CFD

Opening Long

46,529

1.8558  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

426

1.8558  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

28,088

1.8560  GBP

LondonMetric Property plc 10p ordinary

CFD

Closing Short

72,005

1.8523  GBP

LondonMetric Property plc 10p ordinary

CFD

Opening Long

8,855

1.8523  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

3,682

1.8409  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

37,997

1.8548  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

55,187

1.8562  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

31,833

1.8562  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

867

1.8569  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

15,385

1.8562  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

3,668

1.8569  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

11,101

1.8552  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

4,785

1.8562  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

5,018

1.8540  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

40,010

1.8469  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

1,400

1.8491  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

11,800

1.8536  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

4,736

1.8640  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

501,952

1.8560  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

12,097

1.8509  GBP

LondonMetric Property plc 10p ordinary

CFD

Closing Long

8,855

1.8523  GBP

LondonMetric Property plc 10p ordinary

CFD

Opening Short

1,618

1.8523  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

4,825

1.8597  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

1,476

1.8540  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

5,958

1.8540  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

164

1.8457  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

657

1.8457  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

8,144

1.8532  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

65,390

1.8560  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

3,000

1.8580  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

300

1.8470  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

92

1.8560  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

18,478

1.8560  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

22,085

1.8583  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

176,821

1.8562  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

6,792

1.8599  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

14

1.8557  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

10,751

1.8521  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

19,399

1.8493  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

172,149

1.8559  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

82,589

1.8560  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

1,031

1.8720  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

6,159

1.8560  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

15,622

1.8483  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

1,189

1.8695  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

6,343

1.8636  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

12,689

1.8504  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

119,504

1.8496  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

19,376

1.8509  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

6,131

1.8590  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

134,418

1.8508  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

88,388

1.8540  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

2,155

0.4585  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Closing Short

647

0.4584  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Opening Long

2,438

0.4584  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

1,258

0.4585  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Long

331

0.4630  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Increasing Long

21,617

0.4622  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

3,310

0.4625  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Closing Long

2,438

0.4585  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

3,189

0.4632  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Long

459

0.4584  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

1,825

0.4625  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Long

4,587

0.4585  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:

09 Jul 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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