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Company Announcements

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

Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Source: RNS
RNS Number : 3219B
Barclays PLC
21 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:

20 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:

10,386,321

0.44%

10,740,618

0.46%

(2) Cash-settled derivatives:

11,305,778

0.48%

6,263,314

0.27%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

21,692,099

0.93%

17,003,932

0.73%

 








Class of relevant security:

Schroder Real Estate Investment Trust Limited ordinary NPV


Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

1,566,306

0.32%

262,317

0.05%

(2) Cash-settled derivatives:

0

0.00%

1,384,648

0.28%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

1,566,306

0.32%

1,646,965

0.34%

 








(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

850996

1.9675  GBP

1.9456  GBP

LondonMetric Property plc 10p ordinary

Sale

703990

1.9675  GBP

1.9399  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Purchase

55288

0.5060  GBP

0.4998  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Sale

69943

0.5060  GBP

0.5025  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

30,384

1.9400  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

18,387

1.9468  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

548

1.9477  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

17,530

1.9478  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

245,042

1.9480  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

38,008

1.9481  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

392

1.9499  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

980

1.9504  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

374

1.9506  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

5,599

1.9519  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

114

1.9520  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

44,075

1.9531  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

45,212

1.9535  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

101,244

1.9545  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

5,357

1.9561  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

2,600

1.9564  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

891

1.9565  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

5,356

1.9571  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

13,033

1.9444  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

13,979

1.9458  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

3,691

1.9463  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

94,072

1.9477  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

49,351

1.9479  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

29,393

1.9497  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

6,920

1.9511  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

126,066

1.9516  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

12,621

1.9525  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

3,250

1.9530  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

4,724

1.9542  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

220,252

1.9550  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

49,974

1.9564  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

7,778

1.9585  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

18,418

1.9590  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

144

1.9614  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

763

1.9662  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

300

1.9700  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

32

0.5025  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

83

0.5030  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

5,701

0.5060  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Short

6,647

0.5059  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Increasing Short

2,806

0.5032  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

2,354

1.9481  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

27

1.9500  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

36,232

1.9574  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:

21 Apr 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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