Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

RNS Number : 7375E

Barclays PLC

18 May 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:			15 May 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:				10,925,593	0.47%	6,147,839	0.26%
(2) Cash-settled derivatives:				7,151,441	0.30%	7,764,369	0.33%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				18,077,034	0.77%	13,912,208	0.59%

Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,542,162	0.32%	642,048	0.13%
(2) Cash-settled derivatives:				81,216	0.02%	1,100,255	0.22%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,623,378	0.33%	1,742,303	0.36%

(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	2166047	1.8400 GBP	1.8040 GBP
LondonMetric Property plc 10p ordinary	Sale	2046940	1.8520 GBP	1.8040 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	17708	0.4768 GBP	0.4669 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	45893	0.4767 GBP	0.4649 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	Decreasing Short	34,000	1.8092 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	2,808	1.8137 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	11,445	1.8151 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	15,783	1.8161 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	4,054	1.8192 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	22,715	1.8199 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	57,318	1.8217 GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Long	344,052	1.8219 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	38,620	1.8220 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	15,312	1.8229 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	6,652	1.8247 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	97,327	1.8267 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	5,094	1.8334 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	196,179	1.8177 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	131,995	1.8189 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	3,855	1.8196 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	19,980	1.8199 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	119,801	1.8203 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	12,413	1.8206 GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	38,301	1.8207 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	44,566	1.8209 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	16,553	1.8217 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	379,428	1.8220 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	32,052	1.8227 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	10,119	1.8229 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	3,193	1.8230 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	77	1.8235 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	48,595	1.8255 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	97,600	1.8258 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	280	1.8291 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	9,555	1.8294 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	179	1.8381 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	839	1.8397 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	1,708	0.4659 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	915	0.4675 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	22	0.4677 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	3,568	0.4690 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	62	0.4690 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	1,369	0.4649 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	28,346	0.4691 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	291	0.4750 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Short	34	0.4670 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Short	4,010	0.4690 GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	1	1.8100 GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	3,066	1.8142 GBP
LondonMetric Property plc 10p ordinary	CFD	Opening Long	130,922	1.8156 GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	165,372	1.8183 GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	39,892	1.8218 GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	45,276	1.8219 GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	24,000	1.8265 GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	209,870	1.8082 GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	20,618	1.8189 GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	19,510	1.8235 GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	31,546	1.8236 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:				18 May 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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END

FEOAKFBNCBKKDPD

TIDM	BARC
Share Price	496.60p0.69%
Market Cap	£66.75bn

Date	18 May 2026
Time	10:45:38
Category	Holding(s) in company
ID	7375E

TIDM	BARC
Share Price	496.60p0.69%
Market Cap	£66.75bn

Date	18 May 2026
Time	10:45:38
Category	Holding(s) in company
ID	7375E

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Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP