Business
Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP
Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP.
About this update from Barclays Plc
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: 26 Mar 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: 12,037,435 0.51% 7,642,628 0.33% (2) Cash-settled derivatives: 8,241,618 0.35% 9,721,188 0.41% (3) Stock-settled derivatives (including options) and agreements to purchase/sell: 0 0.00% 0 0.00% TOTAL: 20,279,053 0.86% 17,363,816 0.74% Class of relevant security: Schroder Real Estate Investment Trust Limited ordinary NPV Interests Short Positions Number (%) Number (%) (1) Relevant securities owned and/or controlled: 1,451,428 0.30% 195,728 0.04% (2) Cash-settled derivatives: 0 0.00% 1,325,879 0.27% (3) Stock-settled derivatives (including options) and agreements to purchase/sell: 0 0.00% 0 0.00% TOTAL: 1,451,428 0.30% 1,521,607 0.31% (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 2346899 1.8120 GBP 1.7911 GBP LondonMetric Property plc 10p ordinary Sale 1389747 1.8145 GBP 1.7912 GBP Schroder Real Estate Investment Trust Limited ordinary NPV Purchase 76504 0.4720 GBP 0.4635 GBP Schroder Real Estate Investment Trust Limited ordinary NPV Sale 21013 0.4792 GBP 0.4635 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 1 1.7960 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Long 11,882 1.7992 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Long 1,581 1.7993 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Long 3,304 1.7994 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Long 3 1.7996 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Long 24,925 1.8003 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Long 5,411 1.8006 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Long 78 1.8030 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Long 41,860 1.8037 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Long 35,510 1.8039 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Long 38,570 1.8047 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Long 1 1.8100 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Long 4,045 1.8108 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Long 50,568 1.8278 GBP LondonMetric Property plc 10p ordinary SWAP Decreasing Long 978 1.7911 GBP LondonMetric Property plc 10p ordinary SWAP Decreasing Long 586 1.7950 GBP LondonMetric Property plc 10p ordinary SWAP Decreasing Long 22,901 1.7964 GBP LondonMetric Property plc 10p ordinary SWAP Decreasing Long 23,225 1.7972 GBP LondonMetric Property plc 10p ordinary SWAP Decreasing Long 129,910 1.7975 GBP LondonMetric Property plc 10p ordinary SWAP Opening Short 143,196 1.7985 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Short 17,220 1.7987 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Short 1,254 1.7988 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Short 145,679 1.7998 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Short 68,300 1.8005 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Short 130,618 1.8009 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Short 321,423 1.8010 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Short 1,214 1.8011 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Short 42,801 1.8018 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Short 40,155 1.8026 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Short 17,600 1.8027 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Short 13,143 1.8029 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Short 42,427 1.8060 GBP LondonMetric Property plc 10p ordinary SWAP Increasing Short 593,522 1.8214 GBP Schroder Real Estate Investment Trust Limited ordinary NPV SWAP Decreasing Short 1 0.4930 GBP Schroder Real Estate Investment Trust Limited ordinary NPV SWAP Increasing Short 53,897 0.4655 GBP Schroder Real Estate Investment Trust Limited ordinary NPV SWAP Increasing Short 1 0.4670 GBP Schroder Real Estate Investment Trust Limited ordinary NPV SWAP Increasing Short 6,185 0.4677 GBP Schroder Real Estate Investment Trust Limited ordinary NPV SWAP Increasing Short 3 0.4678 GBP Schroder Real Estate Investment Trust Limited ordinary NPV SWAP Increasing Short 1 0.4715 GBP Schroder Real Estate Investment Trust Limited ordinary NPV CFD Decreasing Short 4,862 0.4665 GBP LondonMetric Property plc 10p ordinary CFD Opening Long 200,863 1.8009 GBP LondonMetric Property plc 10p ordinary CFD Increasing Long 82,815 1.8012 GBP LondonMetric Property plc 10p ordinary CFD Increasing Long 142,447 1.8017 GBP LondonMetric Property plc 10p ordinary CFD Increasing Long 5,892 1.8028 GBP LondonMetric Property plc 10p ordinary CFD Increasing Long 24,042 1.8095 GBP LondonMetric Property plc 10p ordinary CFD Increasing Long 2 1.8100 GBP LondonMetric Property plc 10p ordinary CFD Decreasing Long 94,038 1.7972 GBP LondonMetric Property plc 10p ordinary CFD Decreasing Long 232,770 1.8010 GBP LondonMetric Property plc 10p ordinary CFD Decreasing Long 24,567 1.8011 GBP LondonMetric Property plc 10p ordinary CFD Decreasing Long 2,715 1.8039 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: 27 Mar 2026 Contact name: Large Holdings Regulatory Operations Telephone number: 020 3134 7213