Close
Company Search
Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

24th Aug 2026 11:38

RNS Number : 8955R
Barclays PLC
24 August 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:

21 Aug 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:

17,998,504

0.77%

5,605,930

0.24%

(2) Cash-settled derivatives:

6,077,910

0.26%

12,767,714

0.54%

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

0

0.00%

0

0.00%

TOTAL: 

24,076,414

1.02%

18,373,644

0.78%

Class of relevant security:

Schroder Real Estate Investment Trust Limited ordinary NPV

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

1,883,402

0.39%

1,949,743

0.40%

(2) Cash-settled derivatives:

1,938,557

0.40%

1,863,299

0.38%

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

0

0.00%

0

0.00%

TOTAL: 

3,821,959

0.78%

3,813,042

0.78%

 

(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

543311

1.9340 GBP

1.9150 GBP

LondonMetric Property plc 10p ordinary

Sale

1690386

1.9340 GBP

1.9009 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Purchase

166679

0.4420 GBP

0.4389 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Sale

69626

0.4415 GBP

0.4375 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

3,262

1.9264 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

32,188

1.9309 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

19,900

1.9254 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

227

1.9306 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

87,966

1.9300 GBP

LondonMetric Property plc 10p ordinary

SWAP

Closing Short

457,440

1.9290 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

13,694

1.9314 GBP

LondonMetric Property plc 10p ordinary

SWAP

Closing Short

25,061

1.9299 GBP

LondonMetric Property plc 10p ordinary

SWAP

Opening Long

42,135

1.9299 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

66,536

1.9241 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

728

1.9300 GBP

LondonMetric Property plc 10p ordinary

CFD

Closing Short

2,858

1.9008 GBP

LondonMetric Property plc 10p ordinary

CFD

Opening Long

1,478

1.9008 GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

20,551

1.9298 GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Short

15,373

1.9162 GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Short

15,777

1.9304 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

15

1.9149 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

19,788

1.9287 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

90,882

1.9305 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

5

1.9306 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

1,506

1.9264 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

14,775

1.9303 GBP

LondonMetric Property plc 10p ordinary

SWAP

Closing Short

5,370

1.9297 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

3,831

1.9306 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

1,117

1.9306 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

2,863

1.9306 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

388

1.9226 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

100

1.9120 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

8,557

1.9302 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

2,733

1.9276 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

77,134

1.9266 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

3,764

1.9301 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

14,378

1.9293 GBP

LondonMetric Property plc 10p ordinary

CFD

Closing Long

1,478

1.9301 GBP

LondonMetric Property plc 10p ordinary

CFD

Opening Short

2,858

1.9301 GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Short

56

1.9308 GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Short

3,387

1.9226 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

29

1.9170 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

3,103

1.9302 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

500

1.9230 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

507

1.9219 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

1,695

1.9194 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

2,370

1.9320 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

121,604

1.9300 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

7

1.9300 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

1,533

1.9318 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

246

1.9300 GBP

LondonMetric Property plc 10p ordinary

SWAP

Closing Long

116,899

1.9300 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

7,864

1.9300 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

3

1.9009 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

74,815

1.9297 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

29,547

1.9259 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

16,683

1.9287 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

102,961

1.9286 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

42,278

1.9300 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

2,621

1.9300 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

3,294

1.9256 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

19,264

1.9262 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

1,553

1.9290 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

324,923

1.9247 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

3

0.4405 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

1,544

0.4400 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

10

0.4398 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Increasing Long

3,690

0.4419 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Increasing Long

2,000

0.4329 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Short

1

0.4400 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Long

437

0.4416 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Short

785

0.4375 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

1,431

0.4400 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

113,064

0.4400 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

5

0.4400 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Closing Short

356

0.4414 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

1

0.4400 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 Aug 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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
 
 
FEOAKQBBKBKDFFB

Related Shares:

BarclaysLondonMetricSchroder Real Estate Investment Trust
FTSE 100 Latest
Value10,878.12
Change-8.04