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Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP.

    26 August 2026 11:35:19
  • Source: Sharecast
RNS Number : 2622S
Barclays PLC
26 August 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:

25 Aug 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:

17,469,652

0.74%

6,075,560

0.26%

(2) Cash-settled derivatives:

6,516,453

0.28%

12,313,755

0.52%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

23,986,105

1.02%

18,389,315

0.78%

Class of relevant security:

Schroder Real Estate Investment Trust Limited ordinary NPV


Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

1,882,443

0.38%

1,944,476

0.40%

(2) Cash-settled derivatives:

1,941,056

0.40%

1,862,340

0.38%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

3,823,499

0.78%

3,806,816

0.78%

 








(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

764821

1.9540  GBP

1.9350  GBP

LondonMetric Property plc 10p ordinary

Sale

1472978

1.9531  GBP

1.9350  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Purchase

294539

0.4370  GBP

0.4336  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Sale

229369

0.4379  GBP

0.4325  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

726

1.9467  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

8,273

1.9408  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

14,784

1.9449  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

31,975

1.9466  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

165,062

1.9450  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

165

1.9450  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

51,000

1.9459  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

2,014

1.9450  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Short

2,306

1.9403  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

4,735

1.9450  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Short

23,242

1.9454  GBP

LondonMetric Property plc 10p ordinary

CFD

Opening Short

13,487

1.9540  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

8,505

1.9461  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

3

1.9454  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

29,103

1.9464  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

86

1.9464  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

31,692

1.9447  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

113

1.9467  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

9,567

1.9447  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

3,429

1.9452  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

3,284

1.9452  GBP

LondonMetric Property plc 10p ordinary

SWAP

Closing Long

15,366

1.9463  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

810

1.9467  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

10,483

1.9464  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

5,448

1.9462  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

81

1.9464  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

7,082

1.9477  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

555

1.9487  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

6,435

1.9480  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

2,885

1.9441  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

19,100

1.9482  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

486

1.9450  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Short

2,081

1.9451  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Short

22,174

1.9471  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

3

1.9376  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

5

1.9460  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

82

1.9464  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

546

1.9484  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

445

1.9470  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

142,424

1.9449  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

9,503

1.9486  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Short

7,708

1.9480  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

2,185

1.9484  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

9,379

1.9459  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

191,037

1.9450  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Short

17,831

1.9484  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

447

1.9420  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

11,088

1.9434  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

8,398

1.9468  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

8,697

1.9490  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

132,254

1.9450  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

48,172

1.9479  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

7,776

1.9430  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

5,093

1.9439  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

10,570

1.9466  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

65,169

1.9480  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

3,296

1.9488  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

1

0.4370  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

1,088

0.4325  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

4

0.4346  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Increasing Long

2,049

0.4337  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Increasing Long

4,690

0.4331  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Short

1

0.4400  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Long

9,038

0.4354  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

18,022

0.4335  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

7,697

0.4335  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

28,765

0.4335  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Increasing Long

32

0.4325  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

9,503

0.4365  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:

26 Aug 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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