Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

RNS Number : 5489F

Barclays PLC

25 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:			22 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:				10,815,267	0.46%	6,517,284	0.28%
(2) Cash-settled derivatives:				7,290,373	0.31%	7,632,286	0.33%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				18,105,640	0.77%	14,149,570	0.60%

Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,529,340	0.31%	555,105	0.11%
(2) Cash-settled derivatives:				36,001	0.01%	1,085,461	0.22%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,565,341	0.32%	1,640,566	0.34%


(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	1902008	1.8965 GBP	1.8680 GBP
LondonMetric Property plc 10p ordinary	Sale	2722172	1.8965 GBP	1.8650 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	44857	0.4815 GBP	0.4805 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	4201	0.4859 GBP	0.4814 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	64,359	1.8679 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	372,231	1.8680 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	3,725	1.8695 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	15,585	1.8711 GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Long	10,108	1.8736 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	6,548	1.8738 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	10,988	1.8740 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	141,743	1.8790 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	89,703	1.8793 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	39,370	1.8794 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	434,684	1.8800 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	69,339	1.8820 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	51,241	1.8826 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	7,598	1.8829 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	44,930	1.8843 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	33	1.8901 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	107	1.9030 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	45,547	1.8680 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	2,242	1.8682 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	13,278	1.8703 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	48	1.8708 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	17,300	1.8710 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	11,578	1.8712 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1	1.8720 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	16,643	1.8758 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	100	1.8770 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	125,327	1.8790 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	743	1.8792 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	189,444	1.8793 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	720	1.8804 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	5,001	1.8814 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	6,801	1.8816 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	607	1.8845 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	3,688	0.4815 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	4,089	0.4814 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	69	0.4810 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	123	0.4859 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Short	19,034	0.4805 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Short	756	0.4814 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Short	12,697	0.4815 GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	7,204	1.8679 GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	114,690	1.8799 GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	8,502	1.8899 GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	1	1.9000 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:				25 May 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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END

FEOAKPBNFBKKOPB

TIDM	BARC
Share Price	493.30p-0.03%
Market Cap	£66.30bn

Date	26 May 2026
Time	07:00:05
Category	Holding(s) in company
ID	5489F

TIDM	BARC
Share Price	493.30p-0.03%
Market Cap	£66.30bn

Date	26 May 2026
Time	07:00:05
Category	Holding(s) in company
ID	5489F

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Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP