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FORM 8.5 (EPT/NON-RI) |
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Amendment - this form replaces RNS number 0787W published at 11:56 on 10/03/2026, changes made to section 2A,3A |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN |
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EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS |
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(OR WHERE RI STATUS IS NOT APPLICABLE) |
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Rule 8.5 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Name of exempt principal trader: |
BARCLAYS CAPITAL SECURITIES LTD |
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(b) |
Name of offeror/offeree in relation to whose |
LONDONMETRIC PROPERTY PLC |
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relevant securities this form relates: |
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(c) |
Name of the party to the offer with which exempt |
LONDONMETRIC PROPERTY PLC |
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principal trader is connected |
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(d) |
Date position held/dealing undertaken: |
09 Mar 2026 |
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(e) |
In addition to the company in 1(b) above, is the exempt principal |
YES: |
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trader making disclosures in respect of any other party to the offer? |
PICTON PROPERTY INCOME LIMITED |
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2. |
POSITIONS OF THE EXEMPT PRINCIPAL TRADER |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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to which the disclosure relates following the dealing (if any) |
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Class of relevant security: |
10p ordinary |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
17,341,582 |
0.74% |
13,092,988 |
0.56% |
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(2) |
Cash-settled derivatives: |
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and/or controlled: |
13,011,432 |
0.55% |
10,899,315 |
0.46% |
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(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
0 |
0.00% |
0 |
0.00% |
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TOTAL: |
30,353,014 |
1.29% |
23,992,303 |
1.02% |
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(b) |
Rights to subscribe for new securities (including directors and other executive |
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options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER |
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(a) |
Purchases and sales |
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Class of relevant |
Purchase/sale |
Total number of |
Highest price per unit |
Lowest price per unit |
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security |
securities |
paid/received |
paid/received |
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10p ordinary |
Purchase |
2,676,109 |
1.9780 GBP |
1.9440 GBP |
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10p ordinary |
Sale |
1,681,887 |
1.9839 GBP |
1.9440 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product |
Nature of dealing |
Number of |
Price per |
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relevant |
description |
reference |
unit |
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security |
securities |
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10p ordinary |
SWAP |
Increasing Long |
4,576 |
1.9485 GBP |
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10p ordinary |
SWAP |
Increasing Long |
4,575 |
1.9500 GBP |
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10p ordinary |
SWAP |
Increasing Long |
4,576 |
1.9505 GBP |
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10p ordinary |
SWAP |
Increasing Long |
4,575 |
1.9540 GBP |
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10p ordinary |
SWAP |
Increasing Long |
5,083 |
1.9550 GBP |
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10p ordinary |
SWAP |
Increasing Long |
8,227 |
1.9554 GBP |
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10p ordinary |
SWAP |
Increasing Long |
4,575 |
1.9560 GBP |
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10p ordinary |
SWAP |
Increasing Long |
75,311 |
1.9565 GBP |
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10p ordinary |
SWAP |
Increasing Long |
4,576 |
1.9570 GBP |
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10p ordinary |
SWAP |
Increasing Long |
4,575 |
1.9590 GBP |
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10p ordinary |
SWAP |
Increasing Long |
3,453 |
1.9611 GBP |
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10p ordinary |
SWAP |
Increasing Long |
10,381 |
1.9612 GBP |
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10p ordinary |
SWAP |
Increasing Long |
107,887 |
1.9621 GBP |
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10p ordinary |
SWAP |
Increasing Long |
15,111 |
1.9626 GBP |
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10p ordinary |
SWAP |
Increasing Long |
30,291 |
1.9637 GBP |
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10p ordinary |
SWAP |
Increasing Long |
17,526 |
1.9644 GBP |
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10p ordinary |
SWAP |
Increasing Long |
1,732 |
1.9656 GBP |
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10p ordinary |
SWAP |
Increasing Long |
86,218 |
1.9657 GBP |
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10p ordinary |
SWAP |
Increasing Long |
768 |
1.9658 GBP |
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10p ordinary |
SWAP |
Increasing Long |
38,651 |
1.9659 GBP |
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10p ordinary |
SWAP |
Increasing Long |
38,083 |
1.9660 GBP |
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10p ordinary |
SWAP |
Increasing Long |
72 |
1.9710 GBP |
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10p ordinary |
SWAP |
Increasing Long |
35 |
1.9734 GBP |
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10p ordinary |
SWAP |
Increasing Long |
15 |
1.9839 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
4,576 |
1.9485 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
4,575 |
1.9500 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
4,576 |
1.9505 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
4,575 |
1.9540 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
1,437 |
1.9547 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
20,241 |
1.9548 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
4,575 |
1.9560 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
4,576 |
1.9570 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
383,830 |
1.9575 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
2,938 |
1.9577 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
5 |
1.9584 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
4,575 |
1.9590 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
3,245 |
1.9600 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
163,719 |
1.9603 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
6,725 |
1.9605 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
134,117 |
1.9606 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
51,000 |
1.9612 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
13,893 |
1.9613 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
81,852 |
1.9620 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
75,099 |
1.9622 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
2,233 |
1.9626 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
9,346 |
1.9631 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
210 |
1.9636 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
981 |
1.9650 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
270 |
1.9659 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
324,305 |
1.9660 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
165,850 |
1.9662 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
1,170 |
1.9672 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
39,645 |
1.9700 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
1 |
1.9740 GBP |
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10p ordinary |
CFD |
Increasing Long |
5,877 |
1.9546 GBP |
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10p ordinary |
CFD |
Increasing Long |
116,280 |
1.9593 GBP |
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10p ordinary |
CFD |
Increasing Long |
59,699 |
1.9671 GBP |
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10p ordinary |
CFD |
Decreasing Long |
79,031 |
1.9581 GBP |
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10p ordinary |
CFD |
Decreasing Long |
97,031 |
1.9641 GBP |
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10p ordinary |
CFD |
Decreasing Long |
309 |
1.9661 GBP |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
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of |
description |
purchasing, |
of |
price |
date |
money |
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relevant |
selling, |
securities |
per unit |
paid/ |
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security |
varying etc |
to which |
received |
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option |
per unit |
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relates |
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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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security |
securities |
unit |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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security |
applicable) |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the exempt principal trader making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
13 Mar 2026 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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