Become a Member

Track your favourite stocks
Create & monitor portfolios
Daily portfolio value

Company	Chg	Chg %
Quickpicks
£	%
Add shares to your quickpicks to display them here!

Form 8.3 - LondonMetric & Schroder Real Estate

2nd Sep 2026 12:08

RNS Number : 1373T

Schonfeld Strategic Advisors LLC

02 September 2026

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")

1. KEY INFORMATION

(a) Full name of discloser:	Schonfeld Strategic Advisors LLC
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	A consortium comprising LondonMetric Property plc and Schroder Real Estate Investment Trust Limited
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure	01/09/2026
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A"	Yes - Picton Property Income Limited

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(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:
(2) Cash-settled derivatives:	768,982	0.03	1,673,452	0.07
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	768,982	0.03	1,673,452	0.07

Class of relevant security:	Schroder Real Estate Investment Trust Limited ordinary NPV
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:
(2) Cash-settled derivatives:	588	0.00	3,971,483	0.81
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	588	0.00	3,971,483	0.81

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors' and other employee 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 PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

(b) Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	425	183.5
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	532	183.7
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	651	183.75
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	429	183.8
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	84	183.81667
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	39	183.82826
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	56	183.84179
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	4551	183.85
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	16	183.8773
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	14333	183.9
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	31	183.90981
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	11347	183.95
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	175	183.97146
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	8	183.98791
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	41	183.99257
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	30	183.99295
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	68232	184
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	42	184.00208
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	18	184.01431
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	42	184.03649
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	8	184.0391
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	57	184.04186
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	59	184.04716
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	3553	184.05
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	91	184.06176
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	8	184.06941
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	8	184.07167
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	8	184.07251
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	30	184.07791
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	8	184.08522
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	55	184.08937
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	49923	184.1
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	37	184.10159
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	8	184.10232
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	8	184.10238
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	28	184.11015
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	52	184.11579
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	39	184.12887
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	55	184.13852
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	906	184.15
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	26	184.17393
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	36	184.17746
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	54	184.1805
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	37	184.18285
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	72	184.18823
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	64	184.1956
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	8	184.19819
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	3385	184.2
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	138	184.20711
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	8	184.2074
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	27	184.21343
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	1687	184.25
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	54	184.26939
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	8	184.2705
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	1135	184.3
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	54	184.34501
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	1574	184.35
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	673	184.4
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	250	184.5
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	122	184.55069
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	182	184.59079
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	826	184.6
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	213	184.64311
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	934	184.7
LondonMetric Property plc 10p ordinary	Equity Swap	Reducing a Long Position	959	184.75
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	227	184.8
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	1487	184.9
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	184	185
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	625	185.3
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	360	185.35
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	122	185.4
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	365	185.5
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	122	185.7
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	354	185.8
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	6110	185.9
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	21596	186
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	78	186.0446
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	414	186.0671
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	560	186.086
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	2714	186.1
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	588	186.101
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	1934	186.2
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	4593	186.3
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	115	186.4
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	800	186.5
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	2428	186.55
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	10242	186.6
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	361	186.6517
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	460	186.653
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	238	186.6772
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	10261	186.7
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	558	186.7334
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	451	186.7637
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	1982	186.8
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	205	186.8084
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	2401	186.836
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	205	186.8656
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	312	186.8752
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	382	186.9
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	281	186.9483
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	260	186.9519
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	2737	187
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	97	187.0189
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	1064	187.15
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	7510	187.2
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	264	187.3
LondonMetric Property plc 10p ordinary	Equity Swap	Increasing a Short Position	681	187.4

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	2,830	42.4
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	3,730	42.45
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	104,430	42.5
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	122	42.525
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	33,019	42.55
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	57,448	42.6
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	3,991	42.65
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	2,010	42.7
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	18,334	42.725
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	18,391	42.75
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	531	42.775
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	5,929	42.8
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	14,143	42.825
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	12,697	42.85
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	650	42.875
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	14,384	42.9
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	1,026	42.925
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	14,480	42.95
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	6,500	43
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	2,964	43.05
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	29,678	43.075
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	13,261	43.1
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	1,806	43.15
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	90,516	43.175
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	3,410	43.25
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	4,166	43.3
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	110,815	43.35
Schroder Real Estate Investment Trust Limited ordinary NPV	Equity Swap	Increasing a Short Position	513	43.425

(i) Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type

e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii) Exercise

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing

e.g. subscription, conversion

Details

Price per unit (if applicable)

4. OTHER INFORMATION

(a) Indemnity and other dealing 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 person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

None

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person 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 or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

None

Is a Supplemental Form 8 (Open Positions) attached?

Date of disclosure:	02/09/2026
Contact name:	Damien Sykes
Telephone number:	02071 535936

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

RETFLLFBQKLBBBD

Related Shares:

FTSE 100 Latest

Value10,828.59

Change72.14