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Company Announcements

Barclays PLC, LondonMetric Property PLC, Schroder Real Estate Investment Trust

Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Source: RNS
RNS Number : 0921Z
Barclays PLC
01 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:

31 Mar 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:

9,868,400

0.42%

9,749,407

0.42%

(2) Cash-settled derivatives:

10,350,586

0.44%

7,541,227

0.32%

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

0

0.00%

0

0.00%

  TOTAL:

20,218,986

0.86%

17,290,634

0.74%

Class of relevant security:

Schroder Real Estate Investment Trust Limited ordinary NPV


Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

1,521,543

0.31%

176,355

0.04%

(2) Cash-settled derivatives:

0

0.00%

1,385,589

0.28%

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

0

0.00%

0

0.00%

  TOTAL:

1,521,543

0.31%

1,561,944

0.32%

 








(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

1529486

1.8290  GBP

1.8100  GBP

LondonMetric Property plc 10p ordinary

Sale

3841824

1.8290  GBP

1.8070  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Purchase

108787

0.4802  GBP

0.4603  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Sale

178543

0.4830  GBP

0.4610  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

1,414

1.8146  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

1,216,799

1.8150  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

27,020

1.8152  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

195

1.8153  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

20,375

1.8161  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

11

1.8175  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

27,250

1.8186  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

5

1.8192  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

118,888

1.8197  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

49,478

1.8199  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

26

1.8200  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

4,177

1.8208  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

58,934

1.8212  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

157,918

1.8214  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

231,392

1.8219  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

66,600

1.8220  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

300,258

1.8221  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

12,525

1.8227  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

55,393

1.8228  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

115,699

1.8233  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

76

1.8070  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

2,755

1.8100  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

2,568

1.8130  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

123,481

1.8150  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

13,805

1.8151  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

20,120

1.8152  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

22,930

1.8163  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

169

1.8173  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

12,628

1.8190  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

11,974

1.8193  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

33,854

1.8206  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

100

1.8220  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

4,203

1.8221  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

3,200

1.8068  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

15,902

1.8210  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

22,339

1.8216  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

35,291

1.8232  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

97,876

1.8236  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

3,200

1.8151  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

32,314

1.8202  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

709

0.4790  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

1

0.4645  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

3

0.4653  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

11,996

0.4745  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

5

0.4754  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Short

6,468

0.4778  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Increasing Short

17,667

0.4745  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:

01 Apr 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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