23rd Feb 2026 09:56
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 |
| SCHRODERS PLC | ||||
| relevant securities this form relates: |
| |||||
(c) | Name of the party to the offer with which exempt | SCHRODERS PLC | |||||
| principal trader is connected |
|
| ||||
(d) | Date position held/dealing undertaken: |
| 20 Feb 2026 | ||||
(e) | In addition to the company in 1(b) above, is the exempt principal | NO |
|
| |||
| trader making disclosures in respect of any other party to the offer? |
|
| ||||
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: | 20p ordinary | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
|
|
|
| ||
| and/or controlled: |
|
| 21,210,498 | 1.32% | 1,513,939 | 0.09% |
(2) | Cash-settled derivatives: |
|
|
|
| ||
| and/or controlled: |
|
| 190,016 | 0.01% | 18,824,820 | 1.17% |
(3) | Stock-settled derivatives (including options) |
|
|
|
| ||
| and agreements to purchase/sell: |
|
| 0 | 0.00% | 0 | 0.00% |
|
|
|
|
|
|
|
|
| TOTAL: |
|
| 21,400,514 | 1.33% | 20,338,759 | 1.26% |
(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) | Purchases and sales |
|
|
|
|
| |
Class of relevant | Purchase/sale | Total number of | Highest price per unit | Lowest price per unit | |||
security |
| securities | paid/received | paid/received | |||
20p ordinary | Purchase | 1,682,957 | 5.8800 GBP | 5.8600 GBP | |||
20p ordinary | Sale | 506,594 | 5.8732 GBP | 5.8599 GBP | |||
|
|
|
|
|
|
|
|
(b) | Cash-settled derivative transactions |
| |||||
Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
| reference | unit | |||
security |
|
| securities |
| |||
20p ordinary | SWAP | Decreasing Short | 62,747 | 5.8676 GBP | |||
20p ordinary | SWAP | Decreasing Short | 43,718 | 5.8597 GBP | |||
20p ordinary | SWAP | Decreasing Short | 9,243 | 5.8599 GBP | |||
20p ordinary | SWAP | Decreasing Short | 89,918 | 5.8600 GBP | |||
20p ordinary | SWAP | Decreasing Short | 36,421 | 5.8612 GBP | |||
20p ordinary | SWAP | Decreasing Short | 2,682 | 5.8614 GBP | |||
20p ordinary | SWAP | Decreasing Short | 37,606 | 5.8615 GBP | |||
20p ordinary | SWAP | Decreasing Short | 22,347 | 5.8647 GBP | |||
20p ordinary | SWAP | Decreasing Short | 11,387 | 5.8650 GBP | |||
20p ordinary | SWAP | Decreasing Short | 20,458 | 5.8653 GBP | |||
20p ordinary | SWAP | Decreasing Short | 4,054 | 5.8654 GBP | |||
20p ordinary | SWAP | Decreasing Short | 123 | 5.8665 GBP | |||
20p ordinary | SWAP | Decreasing Short | 97,000 | 5.8670 GBP | |||
20p ordinary | SWAP | Decreasing Short | 1,681 | 5.8675 GBP | |||
20p ordinary | SWAP | Decreasing Short | 47 | 5.8684 GBP | |||
20p ordinary | SWAP | Decreasing Short | 27 | 5.8687 GBP | |||
20p ordinary | SWAP | Decreasing Short | 3,013 | 5.8688 GBP | |||
20p ordinary | SWAP | Decreasing Short | 650 | 5.8699 GBP | |||
20p ordinary | SWAP | Decreasing Short | 6,262 | 5.8700 GBP | |||
20p ordinary | SWAP | Increasing Short | 489,087 | 5.8600 GBP | |||
20p ordinary | SWAP | Increasing Short | 440,815 | 5.8601 GBP | |||
20p ordinary | SWAP | Increasing Short | 28,909 | 5.8602 GBP | |||
20p ordinary | SWAP | Increasing Short | 50,506 | 5.8609 GBP | |||
20p ordinary | SWAP | Increasing Short | 2,035 | 5.8618 GBP | |||
20p ordinary | SWAP | Increasing Short | 50,077 | 5.8625 GBP | |||
20p ordinary | SWAP | Increasing Short | 5,427 | 5.8650 GBP | |||
20p ordinary | SWAP | Increasing Short | 15,442 | 5.8654 GBP | |||
20p ordinary | SWAP | Increasing Short | 11,089 | 5.8663 GBP | |||
20p ordinary | SWAP | Increasing Short | 38,214 | 5.8667 GBP | |||
20p ordinary | SWAP | Increasing Short | 19,949 | 5.8668 GBP | |||
20p ordinary | SWAP | Increasing Short | 37,624 | 5.8669 GBP | |||
20p ordinary | SWAP | Increasing Short | 13,655 | 5.8676 GBP | |||
20p ordinary | SWAP | Increasing Short | 241,407 | 5.8687 GBP | |||
20p ordinary | SWAP | Increasing Short | 2,028 | 5.8688 GBP | |||
20p ordinary | SWAP | Increasing Short | 132,611 | 5.8694 GBP | |||
20p ordinary | SWAP | Increasing Short | 11,052 | 5.8700 GBP | |||
20p ordinary | CFD | Decreasing Short | 28,117 | 5.8646 GBP | |||
20p ordinary | CFD | Decreasing Short | 4,315 | 5.8674 GBP | |||
20p ordinary | CFD | Decreasing Short | 3 | 5.8700 GBP | |||
20p ordinary | CFD | Increasing Short | 4,895 | 5.8683 GBP | |||
20p ordinary | CFD | Increasing Short | 4,048 | 5.8702 GBP | |||
|
|
|
|
|
|
|
|
(c) | Stock-settled derivative transactions (including options) |
| |||||
(i) | Writing, selling, purchasing or varying |
| |||||
Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price |
| date | money |
relevant |
| selling, | securities | per unit |
|
| paid/ |
security |
| varying etc | to which |
|
|
| received |
|
|
| option |
|
|
| per unit |
|
|
| relates |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(ii) | Exercising |
|
|
|
|
|
|
Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
|
| securities | unit | |||
|
|
|
|
| |||
|
|
|
|
|
|
|
|
(d) | Other dealings (including subscribing for new securities) |
| |||||
Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security |
|
| 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: | 23 Feb 2026 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Shares:
BarclaysSchroders