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FORM 8.5 (EPT/NON-RI) |
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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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(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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(d) |
Date position held/dealing undertaken: |
08 Apr 2026 |
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(e) |
In addition to the company in 1(b) above, is the exempt principal |
YES: |
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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 and/or controlled: |
11,002,012 |
0.47% |
12,051,485 |
0.51% |
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(2) Cash-settled derivatives: |
12,508,497 |
0.53% |
7,958,045 |
0.33% |
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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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23,510,509 |
1.00% |
20,009,530 |
0.84% |
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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: |
1,648,891 |
0.34% |
245,906 |
0.05% |
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(2) Cash-settled derivatives: |
69,113 |
0.01% |
1,445,628 |
0.30% |
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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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1,718,004 |
0.35% |
1,691,534 |
0.35% |
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(b) |
Rights to subscribe for new securities (including directors and other executive options) |
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Class of relevant security in relation to |
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Details, including nature of the rights |
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3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER |
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(a) |
Purchase 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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LondonMetric Property plc 10p ordinary |
Purchase |
2173891 |
1.9535 GBP |
1.9227 GBP |
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LondonMetric Property plc 10p ordinary |
Sale |
1940181 |
1.9535 GBP |
1.9250 GBP |
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Schroder Real Estate Investment Trust Limited ordinary NPV |
Purchase |
65290 |
0.4980 GBP |
0.4905 GBP |
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Schroder Real Estate Investment Trust Limited ordinary NPV |
Sale |
17521 |
0.4950 GBP |
0.4905 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product description |
Nature of dealing |
Number of |
Price per |
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LondonMetric Property plc 10p ordinary |
SWAP |
Increasing Long |
981 |
1.9308 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
8,528 |
1.9230 GBP |
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LondonMetric Property plc 10p ordinary |
SWAP |
Decreasing Long |
99,135 |
1.9254 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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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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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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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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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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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: |
09 Apr 2026 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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Barclays Capital Securities Ltd, an exempt principal trader connected to a consortium comprising LondonMetric Property PLC and Schroder Real Estate Investment Trust Limited, made a Rule 8.5 disclosure of its positions and dealings on April 8, 2026. On that date, it purchased 2,173,891 LondonMetric Property plc ordinary shares and 65,290 Schroder Real Estate Investment Trust Limited ordinary shares, while selling 1,940,181 LondonMetric shares and 17,521 Schroder shares. Following these dealings, Barclays Capital Securities Ltd held a total interest of 1.00% (23,510,509 shares) and a short position of 0.84% (20,009,530 shares) in LondonMetric, and a total interest of 0.35% (1,718,004 shares) and a short position of 0.35% (1,691,534 shares) in Schroder.
| Date | 9 Apr 2026 |
| Time | 11:53:42 |
| Category | Holding(s) in company |
| ID | 8545Z |