Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

RNS Number : 8228M

Barclays PLC

17 July 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:			16 Jul 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:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,495,562	0.31%	108,334	0.02%
(2) Cash-settled derivatives:				108,334	0.02%	1,432,115	0.29%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,603,896	0.33%	1,540,449	0.31%
Class of relevant security:				LondonMetric Property plc 10p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				17,052,028	0.73%	6,056,770	0.26%
(2) Cash-settled derivatives:				7,369,478	0.31%	14,206,834	0.60%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				24,421,506	1.04%	20,263,604	0.86%

(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
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	113248	0.4565 GBP	0.4490 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	85417	0.4600 GBP	0.4490 GBP
LondonMetric Property plc 10p ordinary	Purchase	5234497	1.8940 GBP	1.8690 GBP
LondonMetric Property plc 10p ordinary	Sale	1315169	1.8940 GBP	1.8702 GBP


(b)	Cash-settled derivative transactions
Class of relevant security	Product description	Nature of dealing	Number of reference securities	Price per unit
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	25,078	0.4565 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	32,641	0.4565 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	3,149	0.4527 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Closing Short	1,819	0.4599 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	3,881	0.4524 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	6,881	0.4517 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	2,343	0.4545 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	5,137	0.4510 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	40,098	0.4544 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	1,872	0.4550 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	90	0.4565 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	2,928	0.4515 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	12,373	0.4564 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	845	1.8746 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	4,016	1.8873 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	152,404	1.8874 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	19,239	1.8752 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	128	1.8690 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	273,338	1.8940 GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	10,684	1.8891 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	8,787	1.8940 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	162,916	1.8744 GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	6,177	1.8846 GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	52,117	1.8846 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	77,256	1.8938 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	137,657	1.8760 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	58	1.8940 GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	2,624	1.8691 GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	9,832	1.8856 GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	600	1.8775 GBP
LondonMetric Property plc 10p ordinary	CFD	Closing Long	1,073	1.8761 GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	70,138	1.8762 GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	929,621	1.8932 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	7,880	1.8761 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	5,212	1.8806 GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	6,549	1.8846 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	1,100	1.8873 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	568	1.8944 USD
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	249	1.8746 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	1,211	1.8746 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	3,859	1.8873 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	4,361	1.8912 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	2,475	1.8754 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	2,037	1.8800 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	100	1.8840 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	2,891	1.8814 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	10,253	1.8748 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	5,543	1.8941 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	103,620	1.8753 GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	11	1.8736 GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	16,843	1.8759 GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	2,979	1.8759 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	4,271	1.8702 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	724	1.8754 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	3,114	1.8754 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	3,966	1.8762 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	135,674	1.8940 GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	320	1.8764 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	13,651	1.8731 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	102,777	1.8938 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	85,668	1.8758 GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	3,600	1.8742 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	2,669	1.8764 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	3,108	1.8742 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	515,113	1.8751 GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	323,104	1.8940 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	21	1.8940 GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	5,348	1.8939 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	95,798	1.8757 GBP
LondonMetric Property plc 10p ordinary	CFD	Closing Long	433,700	1.8940 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	79,681	1.8748 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	1,420	1.8734 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	815,161	1.8752 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	128,826	1.8772 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:				17 Jul 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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END

FEOAKOBQFBKKKOD

TIDM	BARC
Share Price	518.10p-0.38%
Market Cap	£69.93bn

Date	17 Jul 2026
Time	11:23:44
Category	Holding(s) in company
ID	8228M

TIDM	BARC
Share Price	518.10p-0.38%
Market Cap	£69.93bn

Date	17 Jul 2026
Time	11:23:44
Category	Holding(s) in company
ID	8228M

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Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP