Form 8.5 - LondonMetric & Schroder Real Estate

RNS Number : 2129H

Barclays PLC

05 June 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:			04 Jun 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:				9,865,106	0.42%	6,278,190	0.27%
(2) Cash-settled derivatives:				7,444,082	0.32%	6,628,126	0.28%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				17,309,188	0.74%	12,906,316	0.55%

Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,458,773	0.30%	546,537	0.11%
(2) Cash-settled derivatives:				93,766	0.02%	1,016,300	0.21%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,552,539	0.32%	1,562,837	0.32%


(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	1602064	1.8322 GBP	1.8120 GBP
LondonMetric Property plc 10p ordinary	Sale	1749536	1.8339 GBP	1.8151 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	4895	0.4770 GBP	0.4675 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	37069	0.4770 GBP	0.4672 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	Increasing Long	37,008	1.8283 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	1,839	1.8289 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	78,235	1.8292 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	34,530	1.8268 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	9,768	1.8281 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	5,678	1.8282 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	569,985	1.8270 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	7,386	1.8267 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	78,077	1.8269 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	71,598	1.8273 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	13,161	1.8289 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	11,278	1.8271 GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	2,934	1.8118 GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	13,428	1.8270 GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	1,862	1.8254 GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	78,263	1.8295 GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	15,051	1.8143 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	15,762	1.8315 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	20,162	1.8283 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	8,230	1.8283 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	572	1.8289 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	2,139	1.8272 GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	7,246	1.8315 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	3,397	1.8272 GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	388	1.8289 GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	1,675	1.8289 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	2,029	1.8281 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	4,185	1.8271 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	3,021	1.8271 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	30,837	1.8299 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	8,739	1.8271 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	20,022	1.8270 GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	2,934	1.8271 GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	38,107	1.8273 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	55,127	1.8282 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	1,952	1.8315 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	25,342	1.8282 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	14,535	1.8272 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	388	1.8244 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	234	1.8120 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	84,548	1.8269 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	70,608	1.8270 GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	9,600	1.8243 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	9,158	1.8272 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	63,381	1.8271 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	19,445	1.8321 GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	12,850	1.8322 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	6,825	1.8282 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	8,155	1.8300 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	119,984	1.8299 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	3,979	1.8277 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	9,475	1.8291 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	15,859	1.8315 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	27,738	1.8270 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	2,809	1.8301 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	3,709	1.8311 GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	164,545	1.8293 GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	36,308	1.8293 GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Short	36,308	1.8169 GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Long	44,685	1.8169 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	4,816	0.4770 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	1	0.4700 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	2	0.4722 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	9,046	0.4702 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	5,880	0.4672 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	2,369	0.4770 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	6,946	0.4770 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	5,116	0.4734 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	1,927	0.4705 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:				05 Jun 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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END

FEOUPUUCQUPQURA

TIDM	BARC
Share Price	493.65p2.07%
Market Cap	£66.35bn

Date	5 Jun 2026
Time	11:39:50
Category	Holding(s) in company
ID	2129H

TIDM	BARC
Share Price	493.65p2.07%
Market Cap	£66.35bn

Date	5 Jun 2026
Time	11:39:50
Category	Holding(s) in company
ID	2129H

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Form 8.5 - LondonMetric & Schroder Real Estate