FT Markets Data
Barclays PLC, LondonMetric Property PLC, Schroder Real Estate Investment Trust

Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Source: RNS
RNS Number : 8428B
Barclays PLC
24 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:

23 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:

10,568,159

0.45%

6,413,939

0.27%

(2) Cash-settled derivatives:

7,241,474

0.31%

6,756,310

0.29%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

17,809,633

0.76%

13,170,249

0.56%

 








Class of relevant security:

Schroder Real Estate Investment Trust Limited ordinary NPV


Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

1,554,766

0.32%

308,689

0.06%

(2) Cash-settled derivatives:

0

0.00%

1,345,638

0.28%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

1,554,766

0.32%

1,654,327

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

1687359

1.9380  GBP

1.9200  GBP

LondonMetric Property plc 10p ordinary

Sale

1074661

1.9380  GBP

1.9190  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Purchase

67013

0.5050  GBP

0.4974  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Sale

58822

0.5033  GBP

0.4975  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

2,803

1.9190  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

21,439

1.9228  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

235,124

1.9230  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

2,288

1.9238  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

797

1.9300  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

293

1.9317  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

41,476

1.9325  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

15,906

1.9336  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

122

1.9338  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

240

1.9348  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

72,504

1.9359  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

27,540

1.9367  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

5,626

1.9378  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

137,207

1.9380  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

6

1.9383  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

13,799

1.9228  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

169,886

1.9230  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

260,682

1.9238  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

5,460

1.9241  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

2,649

1.9254  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

151

1.9260  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

13,481

1.9261  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

100

1.9280  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

5,268

1.9308  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

14,946

1.9310  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

19,214

1.9332  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

13,649

1.9341  GBP

LondonMetric Property plc 10p ordinary

SWAP

Opening Short

725,208

1.9380  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

1,007

0.4975  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

887

0.4975  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

2

0.4987  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

1

0.5005  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Short

4,343

0.5001  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Increasing Short

4,140

0.4975  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

12,655

1.9201  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

1,544

1.9318  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

1,544

1.9381  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:

24 Apr 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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