Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

RNS Number : 4468S

Barclays PLC

27 August 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:			26 Aug 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:				1,732,460	0.35%	1,941,043	0.40%
(2) Cash-settled derivatives:				1,937,623	0.40%	1,712,357	0.35%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				3,670,083	0.75%	3,653,400	0.75%
Class of relevant security:				LondonMetric Property plc 10p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				17,398,505	0.74%	6,233,371	0.27%
(2) Cash-settled derivatives:				6,678,233	0.28%	12,071,788	0.51%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				24,076,738	1.02%	18,305,159	0.78%

(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	77993	0.4360 GBP	0.4338 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	224543	0.4369 GBP	0.4335 GBP
LondonMetric Property plc 10p ordinary	Purchase	728836	1.9566 GBP	1.9470 GBP
LondonMetric Property plc 10p ordinary	Sale	957794	1.9540 GBP	1.9469 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	1	0.4335 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	11,800	0.4335 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	3	0.4348 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Short	19,024	0.4335 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	4,380	0.4369 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	7,813	0.4353 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	1,591	0.4335 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Closing Short	185,163	0.4335 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Increasing Short	2,761	0.4335 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	53	1.9483 GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Short	262	1.9482 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	2,677	1.9486 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	37,979	1.9501 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	828	1.9523 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	1,567	1.9469 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	131,768	1.9470 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	234	1.9560 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	13,193	1.9468 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	80	1.9470 GBP
LondonMetric Property plc 10p ordinary	CFD	Closing Short	2,633	1.9472 GBP
LondonMetric Property plc 10p ordinary	CFD	Opening Long	50,068	1.9472 GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	38,120	1.9480 GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	7,600	1.9497 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1,200	1.9511 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	3	1.9489 GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	1,503	1.9507 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	14,724	1.9482 GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Long	15	1.9482 GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Short	54	1.9482 GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Long	25	1.9482 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	25	1.9482 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	40	1.9486 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	293	1.9472 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	912	1.9476 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	24	1.9483 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	1,158	1.9486 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	8,627	1.9471 GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	31,119	1.9486 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	1,684	1.9472 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	3,324	1.9484 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	13,896	1.9484 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	407	1.9553 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	8,207	1.9488 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	2,909	1.9470 GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	1,494	1.9493 GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	3,548	1.9501 GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	43,181	1.9472 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	568	1.9469 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	81,101	1.9474 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	54	1.9482 GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Short	6	1.9482 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	1,913	1.9472 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	1,077	1.9524 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	4,307	1.9524 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	227	1.9470 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	20,900	1.9494 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	6,808	1.9465 GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	28,073	1.9488 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	20	1.9518 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	372	1.9482 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	29,149	1.9472 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	56,649	1.9470 GBP
LondonMetric Property plc 10p ordinary	CFD	Closing Short	32,830	1.9503 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	2,123	1.9493 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	5,785	1.9504 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	3,930	1.9496 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	8,516	1.9496 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	1,696	1.9489 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	24,704	1.9488 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	10,098	1.9486 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	57,900	1.9470 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	6,155	1.9520 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	11,939	1.9506 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	1,270	1.9530 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	131,691	1.9482 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	20,922	1.9490 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:				27 Aug 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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END

FEOAKOBPCBKKAFB

Date	27 Aug 2026
Time	10:58:05
Category	Holding(s) in company
ID	4468S

Date	27 Aug 2026
Time	10:58:05
Category	Holding(s) in company
ID	4468S

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Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP