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Company Announcements

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

Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Source: RNS
RNS Number : 4574Z
Barclays PLC
07 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:

02 Apr 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:

10,676,161

0.46%

12,243,001

0.52%

(2) Cash-settled derivatives:

12,760,867

0.54%

7,441,714

0.32%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

23,437,028

1.00%

19,684,715

0.84%

 








Class of relevant security:

Schroder Real Estate Investment Trust Limited ordinary NPV


Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

1,515,641

0.31%

182,628

0.04%

(2) Cash-settled derivatives:

0

0.00%

1,373,594

0.28%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

1,515,641

0.31%

1,556,222

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

1581871

1.8790  GBP

1.8167  GBP

LondonMetric Property plc 10p ordinary

Sale

2562056

1.8780  GBP

1.8310  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Purchase

104524

0.4820  GBP

0.4705  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Sale

104460

0.4806  GBP

0.4705  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

6,273

1.8488  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

12,249

1.8501  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

13,170

1.8515  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

3,024

1.8523  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

12,116

1.8524  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

7,572

1.8556  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

25,700

1.8562  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

40,449

1.8596  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

377,758

1.8601  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

7,524

1.8602  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

45,292

1.8607  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

129,679

1.8615  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

42,559

1.8636  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

48,810

1.8671  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

1,118

1.8676  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

68,393

1.8677  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

197,322

1.8679  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

374,272

1.8680  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

3,040

1.8686  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

1,092

1.8698  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

3,960

1.8703  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

2,785

1.8167  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

10,500

1.8178  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

4,255

1.8260  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

766

1.8358  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

6,668

1.8509  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

17,242

1.8555  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

16

1.8578  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

9

1.8587  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

14

1.8624  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

10,865

1.8631  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

80,656

1.8675  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

101,864

1.8680  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

1,278

1.8683  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

31,520

1.8724  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

2

1.8730  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

20

0.4742  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

15

0.4785  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

445

0.4784  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

1,523

0.4785  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

414

0.4791  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Short

2,103

0.4805  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

3,047

1.8509  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

16,812

1.8683  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

67,557

1.8288  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

32,763

1.8646  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

34,084

1.8680  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

64,221

1.8681  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-Apr-26

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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