Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP
Source: RNS
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FORM 8.5 (EPT/NON-RI) |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN |
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EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS |
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(OR WHERE RI STATUS IS NOT APPLICABLE) |
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Rule 8.5 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Name of exempt principal trader: |
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BARCLAYS CAPITAL SECURITIES LTD |
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(b) |
Name of offeror/offeree in relation to whose |
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A CONSORTIUM COMPRISING LONDONMETRIC PROPERTY PLC AND SCHRODER REAL ESTATE INVESTMENT TRUST LIMITED |
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relevant securities this form relates: |
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(c) |
Name of the party to the offer with which exempt |
A CONSORTIUM COMPRISING LONDONMETRIC PROPERTY PLC AND SCHRODER REAL ESTATE INVESTMENT TRUST LIMITED |
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principal trader is connected |
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(d) |
Date position held/dealing undertaken: |
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11 May 2026 |
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(e) |
In addition to the company in 1(b) above, is the exempt principal |
YES: |
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trader making disclosures in respect of any other party to the offer? |
PICTON PROPERTY INCOME LIMITED |
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2. |
POSITIONS OF THE EXEMPT PRINCIPAL TRADER |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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to which the disclosure relates following the dealing (if any) |
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Class of relevant security: |
LondonMetric Property plc 10p ordinary |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
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10,325,018 |
0.44% |
6,244,360 |
0.26% |
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(2) |
Cash-settled derivatives: |
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and/or controlled: |
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7,261,730 |
0.31% |
6,733,543 |
0.29% |
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(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
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0 |
0.00% |
0 |
0.00% |
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TOTAL: |
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17,586,748 |
0.75% |
12,977,903 |
0.55% |
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Class of relevant security: |
Schroder Real Estate Investment Trust Limited ordinary NPV |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
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1,795,821 |
0.37% |
571,507 |
0.12% |
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(2) |
Cash-settled derivatives: |
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and/or controlled: |
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0 |
0.00% |
1,355,772 |
0.27% |
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(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
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0 |
0.00% |
0 |
0.00% |
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TOTAL: |
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1,795,821 |
0.37% |
1,927,279 |
0.39% |
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(b) |
Rights to subscribe for new securities (including directors and other executive |
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options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER |
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(a) |
Purchases and sales |
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Class of relevant |
Purchase/sale |
Total number of |
Highest price per unit |
Lowest price per unit |
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security |
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securities |
paid/received |
paid/received |
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LondonMetric Property plc 10p ordinary |
Purchase |
1,403,896 |
1.8880 GBP |
1.8747 GBP |
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LondonMetric Property plc 10p ordinary |
Sale |
2,008,470 |
1.8938 GBP |
1.8750 GBP |
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Schroder Real Estate Investment Trust Limited ordinary NPV |
Purchase |
32,763 |
0.4830 GBP |
0.4793 GBP |
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Schroder Real Estate Investment Trust Limited ordinary NPV |
Sale |
22,735 |
0.4864 GBP |
0.4765 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product |
Nature of dealing |
Number of |
Price per |
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relevant |
description |
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reference |
unit |
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security |
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securities |
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Schroder Real Estate Investment Trust Limited ordinary NPV |
SWAP |
Decreasing Short |
23 |
0.4800 GBP |
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Schroder Real Estate Investment Trust Limited ordinary NPV |
SWAP |
Decreasing Short |
85 |
0.4806 GBP |
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Schroder Real Estate Investment Trust Limited ordinary NPV |
SWAP |
Increasing Short |
7,297 |
0.4830 GBP |
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Schroder Real Estate Investment Trust Limited ordinary NPV |
CFD |
Decreasing Short |
418 |
0.4786 GBP |
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Schroder Real Estate Investment Trust Limited ordinary NPV |
CFD |
Decreasing Short |
2,417 |
0.4829 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
6,959 |
1.8755 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
14,577 |
1.8766 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
197,472 |
1.8767 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
89,459 |
1.8769 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
9,544 |
1.8771 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
28,194 |
1.8774 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
29,445 |
1.8782 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
1,112 |
1.8786 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
9,428 |
1.8790 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
12,445 |
1.8795 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
996,972 |
1.8880 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
93,305 |
1.8919 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
692 |
1.8938 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
926 |
1.8940 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
494 |
1.8760 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
359,071 |
1.8770 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
7,000 |
1.8771 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
1 |
1.8772 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
11,054 |
1.8774 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
14,291 |
1.8777 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
7,420 |
1.8784 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
21,435 |
1.8792 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
115,599 |
1.8793 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
6,085 |
1.8794 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
2,739 |
1.8796 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
24,555 |
1.8799 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
26,800 |
1.8802 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
6,118 |
1.8808 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
176,392 |
1.8813 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
10,541 |
1.8819 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
21,600 |
1.8826 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
59,681 |
1.8832 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
3,782 |
1.8858 GBP |
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LondonMetric Property plc 10p ordinary |
CFD |
Increasing Long |
2,692 |
1.8938 GBP |
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LondonMetric Property plc 10p ordinary |
CFD |
Decreasing Long |
30 |
1.8770 GBP |
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LondonMetric Property plc 10p ordinary |
CFD |
Decreasing Long |
2,692 |
1.8771 GBP |
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LondonMetric Property plc 10p ordinary |
CFD |
Decreasing Long |
93,093 |
1.8772 GBP |
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LondonMetric Property plc 10p ordinary |
CFD |
Decreasing Long |
1 |
1.8800 GBP |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
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of |
description |
purchasing, |
of |
price |
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date |
money |
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relevant |
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selling, |
securities |
per unit |
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paid/ |
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security |
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varying etc |
to which |
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received |
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option |
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per unit |
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relates |
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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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security |
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securities |
unit |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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security |
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applicable) |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the exempt principal trader making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
12 May 2026 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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