Form 8.5 - LondonMetric Property & Schroder REIT

RNS Number : 0484J

Barclays PLC

19 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:			18 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:				15,570,808	0.66%	4,922,497	0.21%
(2) Cash-settled derivatives:				6,454,390	0.28%	12,874,199	0.55%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				22,025,198	0.94%	17,796,696	0.76%

Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,483,620	0.30%	411,912	0.08%
(2) Cash-settled derivatives:				42,247	0.01%	1,041,745	0.21%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,525,867	0.31%	1,453,657	0.30%


(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	3364584	1.8202 GBP	1.8059 GBP
LondonMetric Property plc 10p ordinary	Sale	1757632	1.8217 GBP	1.8050 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	78229	0.4655 GBP	0.4615 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	32848	0.4655 GBP	0.4615 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 Long	105	1.8136 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	261	1.8131 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	1	1.8099 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	64,952	1.8117 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	28,721	1.8123 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	853	1.8200 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	4,219	1.8074 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	53,615	1.8200 GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	2,086	1.8130 GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	1,129	1.8215 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	1,129	1.8215 GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	5,218	1.8130 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	190,359	1.8274 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	33,735	1.8199 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	3	1.8200 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	27,884	1.8201 GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Long	43	1.8159 GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	39,970	1.8138 GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	569	1.8156 GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	50,379	1.8075 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	436	1.8203 USD
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	351	1.8170 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	296	1.8131 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1,137	1.8131 GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	47,652	1.8202 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	32	1.8136 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	26,817	1.8197 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	412	1.8136 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	14,500	1.8192 GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Short	281,186	1.8196 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	1,687	1.8150 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	298	1.8098 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	2,086	1.8180 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	10,901	1.8108 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	7,304	1.8180 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	5,218	1.8180 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	171,090	1.8261 GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Short	43,943	1.8131 GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Long	19,228	1.8131 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	77,016	1.8141 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	5,018	1.8200 GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	22,204	1.8169 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	166,473	1.8167 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	2,086	1.8140 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	7,304	1.8130 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	5,219	1.8140 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	834	1.8100 GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	19,228	1.8199 GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	45,700	1.8199 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	2,688	1.8161 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	2,085	1.8135 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	7,305	1.8140 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	5,219	1.8135 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	84,632	1.8194 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	554	1.8169 GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	2,373	1.8200 GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	486,137	1.8200 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	2,086	1.8150 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	7,304	1.8135 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	5,218	1.8150 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	11,007	1.8125 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	16,081	1.8160 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	5,481	1.8144 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	1,766	1.8160 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	7,304	1.8150 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	5,538	1.8160 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	14	1.8200 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	2,206	1.8206 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	1,767	1.8160 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	7,304	1.8160 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	5,537	1.8160 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	7,860	1.8102 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	3,177	1.8154 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	1,767	1.8175 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	7,305	1.8175 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	5,538	1.8175 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	141,768	1.8188 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	44,998	1.8167 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	687	1.8170 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	7,304	1.8160 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	6,266	1.8170 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	2,361	1.8160 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	2,919	1.8178 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	5,082	1.8150 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	7,304	1.8170 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	2,222	1.8150 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	184,038	1.8200 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	91,872	1.8163 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	7,304	1.8150 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	9,196	1.8134 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	597	0.4625 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	18,272	0.4615 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	10,000	0.4641 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Opening Short	1	0.4600 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	14,437	0.4615 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	8,164	0.4615 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	1,259	0.4615 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:				19 Jun 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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END

FEOFLMLTMTABMFF

TIDM	BARC
Share Price	496.65p0.64%
Market Cap	£66.76bn

Date	19 Jun 2026
Time	11:10:13
Category	Holding(s) in company
ID	0484J

TIDM	BARC
Share Price	496.65p0.64%
Market Cap	£66.76bn

Date	19 Jun 2026
Time	11:10:13
Category	Holding(s) in company
ID	0484J

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Form 8.5 - LondonMetric Property & Schroder REIT