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FORM 8.5 (EPT/NON-RI) Amendment - this form replaces RNS number 5065G published at 13:43 on 01/06/2026, changes made to section 2A,3B |
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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 |
A CONSORTIUM COMPRISING LONDONMETRIC PROPERTY PLC AND SCHRODER REAL ESTATE INVESTMENT TRUST LIMITED |
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relevant securities this form relates: |
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(c) |
Name of the party to the offer with which exempt |
A CONSORTIUM COMPRISING LONDONMETRIC PROPERTY PLC AND SCHRODER REAL ESTATE INVESTMENT TRUST LIMITED |
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principal trader is connected |
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(d) |
Date position held/dealing undertaken: |
29 May 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: |
LondonMetric Property plc 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: |
9,897,904 |
0.42% |
6,664,228 |
0.28% |
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(2) |
Cash-settled derivatives: |
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and/or controlled: |
7,570,568 |
0.32% |
6,792,471 |
0.28% |
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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: |
17,468,472 |
0.74% |
13,456,699 |
0.56% |
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Class of relevant security: |
Schroder Real Estate Investment Trust Limited ordinary NPV |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) |
Relevant securities owned and/or controlled: |
1,562,582 |
0.32% |
565,152 |
0.12% |
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(2) |
Cash-settled derivatives: and/or controlled: |
67,946 |
0.01% |
1,120,565 |
0.23% |
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(3) |
Stock-settled derivatives (including options) and agreements to purchase/sell: |
0 |
0.00% |
0 |
0.00% |
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TOTAL: |
1,630,528 |
0.33% |
1,685,717 |
0.34% |
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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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LondonMetric Property plc 10p ordinary |
Purchase |
2,643,340 |
1.9140 GBP |
1.8970 GBP |
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LondonMetric Property plc 10p ordinary |
Sale |
2,096,565 |
1.9140 GBP |
1.8969 GBP |
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Schroder Real Estate Investment Trust Limited ordinary NPV |
Purchase |
267,083 |
0.4811 GBP |
0.4770 GBP |
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Schroder Real Estate Investment Trust Limited ordinary NPV |
Sale |
236,751 |
0.4831 GBP |
0.4770 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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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
114 |
1.8986 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
3,056 |
1.8979 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Short |
33,106 |
1.9061 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Short |
32,795 |
1.9062 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
5,414 |
1.8969 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
11,232 |
1.8969 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
85,354 |
1.897 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
13,440 |
1.8976 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
1 |
1.9 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Short |
20,050 |
1.897 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Short |
85,400 |
1.9074 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
38,066 |
1.8975 GBP |
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LondonMetric Property plc 10p ordinary |
CFD |
Increasing Long |
149 |
1.8994 GBP |
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LondonMetric Property plc 10p ordinary |
CFD |
Decreasing Long |
1 |
1.9 GBP |
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LondonMetric Property plc 10p ordinary |
CFD |
Increasing Short |
70,976 |
1.9075 GBP |
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LondonMetric Property plc 10p ordinary |
CFD |
Increasing Short |
15,264 |
1.9047 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
7,368 |
1.8974 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
700 |
1.8979 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
47 |
1.8986 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
276 |
1.8986 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
2,432 |
1.8979 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Short |
48 |
1.8973 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Short |
100 |
1.899 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
534 |
1.8969 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
910 |
1.897 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Short |
20,050 |
1.9033 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Closing Short |
13,579 |
1.9033 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Opening Long |
8,514 |
1.9033 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
2,735 |
1.897 GBP |
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LondonMetric Property plc 10p ordinary |
CFD |
Increasing Short |
7,932 |
1.9043 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
12,530 |
1.8971 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
4,774 |
1.8971 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Closing Long |
8,514 |
1.8973 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Opening Short |
13,579 |
1.8973 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Short |
308,669 |
1.8973 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
299 |
1.912 GBP |
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LondonMetric Property plc 10p ordinary |
CFD |
Decreasing Short |
9,381 |
1.903 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
40,247 |
1.8971 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
28,800 |
1.9039 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
10,726 |
1.9069 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
6,830 |
1.897 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
11,816 |
1.897 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
3,968 |
1.9056 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
25,560 |
1.8973 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
7,234 |
1.9093 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
29,479 |
1.8973 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
30,575 |
1.9044 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
7,954 |
1.9102 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
4,779 |
1.897 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
68,189 |
1.9037 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
1,872 |
1.9076 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
3,725 |
1.904 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
17,752 |
1.8973 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
104,928 |
1.8973 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
108715 |
1.8973 GBP |
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Schroder Real Estate Investment Trust Limited ordinary NPV |
SWAP |
Increasing Short |
3,580 |
0.4770 GBP |
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Schroder Real Estate Investment Trust Limited ordinary NPV |
SWAP |
Increasing Short |
43,029 |
0.4769 GBP |
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Schroder Real Estate Investment Trust Limited ordinary NPV |
SWAP |
Decreasing Short |
4 |
0.4770 GBP |
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Schroder Real Estate Investment Trust Limited ordinary NPV |
CFD |
Increasing Long |
858 |
0.4834 GBP |
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Schroder Real Estate Investment Trust Limited ordinary NPV |
CFD |
Increasing Long |
4,371 |
0.4809 GBP |
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Schroder Real Estate Investment Trust Limited ordinary NPV |
SWAP |
Decreasing Short |
1,457 |
0.4805 GBP |
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Schroder Real Estate Investment Trust Limited ordinary NPV |
SWAP |
Decreasing Short |
5,164 |
0.4770 GBP |
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Schroder Real Estate Investment Trust Limited ordinary NPV |
CFD |
Increasing Long |
5,281 |
0.4831 GBP |
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Schroder Real Estate Investment Trust Limited ordinary NPV |
CFD |
Decreasing Long |
858 |
0.4770 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: |
10 Jun 2026 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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