20260626_SCHRODERS PLC_8.5 EPT RI_UK_MLI

RNS Number : 1823K

Bank of America Merrill Lynch

29 June 2026

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")

1.	KEY INFORMATION

(a)	Name of exempt principal trader:

Merrill Lynch International

(b)	Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree

SCHRODERS PLC

(c)	Name of the party to the offer with which exempt principal trader is connected:

Pantheon LLC

(d)	Date dealing undertaken:

26/06/2026

(e)	In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A"

N/A

2.	DEALINGS BY THE EXEMPT PRINCIPAL TRADER

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class
of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)	Purchases and sales

Class of relevant security	Purchases/ sales	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
20p ordinary	Purchase	85,094	5.858110 GBP	5.853219 GBP
20p ordinary	Sale	245,708	5.855006 GBP	5.850000 GBP

(b)	Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
20p ordinary	Swaps - Equity Swaps	Reducing a Short Position	2,433	5.854707 GBP
20p ordinary	Swaps - Equity Swaps	Increasing a Short Position	10,563	5.855293 GBP
20p ordinary	Swaps - Equity Swaps	Reducing a Long Position	615	5.855293 GBP
20p ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,263	5.850179 GBP
20p ordinary	Swaps - Equity Swaps	Increasing a Short Position	604	5.854262 GBP
20p ordinary	Swaps - Equity Swaps	Increasing a Short Position	829	5.855117 GBP
20p ordinary	Swaps - Equity Swaps	Increasing a Short Position	730	5.853214 GBP
20p ordinary	Swaps - Equity Swaps	Increasing a Short Position	288	5.858110 GBP
20p ordinary	Swaps - Equity Swaps	Increasing a Short Position	70	5.855176 GBP
20p ordinary	Swaps - Equity Swaps	Reducing a Short Position	37,439	5.852072 GBP
20p ordinary	Swaps - Equity Swaps	Reducing a Short Position	71,053	5.852072 GBP
20p ordinary	Swaps - Equity Swaps	Reducing a Short Position	61,796	5.852072 GBP

(c)	Stock-settled derivative transactions (including options)

(i)	Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit
N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

(ii)

Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise Price per unit
N/A	N/A	N/A	N/A	N/A

(d)	Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)
N/A	N/A	N/A	N/A

3.	OTHER INFORMATION

(a)	Indemnity and other dealing 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:
Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

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 or future acquisition or disposal of any relevant securities to which any derivative is referenced:
If there are no such agreements, arrangements or understandings, state "none"

None

Date of disclosure:	29/06/2026
Contact name:	Kamil Dziedzic
Telephone number:	+353 86 168 4821

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information
Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's
dealing disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

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END

FEREAEKNAFFKEFA

RNS Number : 1823K

Bank of America Merrill Lynch

29 June 2026

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")

1.	KEY INFORMATION

(a)	Name of exempt principal trader:

Merrill Lynch International

(b)	Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree

SCHRODERS PLC

(c)	Name of the party to the offer with which exempt principal trader is connected:

Pantheon LLC

(d)	Date dealing undertaken:

26/06/2026

(e)	In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A"

N/A

2.	DEALINGS BY THE EXEMPT PRINCIPAL TRADER

(a)	Purchases and sales

Class of relevant security	Purchases/ sales	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
20p ordinary	Purchase	85,094	5.858110 GBP	5.853219 GBP
20p ordinary	Sale	245,708	5.855006 GBP	5.850000 GBP

(b)	Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
20p ordinary	Swaps - Equity Swaps	Reducing a Short Position	2,433	5.854707 GBP
20p ordinary	Swaps - Equity Swaps	Increasing a Short Position	10,563	5.855293 GBP
20p ordinary	Swaps - Equity Swaps	Reducing a Long Position	615	5.855293 GBP
20p ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,263	5.850179 GBP
20p ordinary	Swaps - Equity Swaps	Increasing a Short Position	604	5.854262 GBP
20p ordinary	Swaps - Equity Swaps	Increasing a Short Position	829	5.855117 GBP
20p ordinary	Swaps - Equity Swaps	Increasing a Short Position	730	5.853214 GBP
20p ordinary	Swaps - Equity Swaps	Increasing a Short Position	288	5.858110 GBP
20p ordinary	Swaps - Equity Swaps	Increasing a Short Position	70	5.855176 GBP
20p ordinary	Swaps - Equity Swaps	Reducing a Short Position	37,439	5.852072 GBP
20p ordinary	Swaps - Equity Swaps	Reducing a Short Position	71,053	5.852072 GBP
20p ordinary	Swaps - Equity Swaps	Reducing a Short Position	61,796	5.852072 GBP

(c)	Stock-settled derivative transactions (including options)

(i)	Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit
N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

(ii)

Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise Price per unit
N/A	N/A	N/A	N/A	N/A

(d)	Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)
N/A	N/A	N/A	N/A

3.	OTHER INFORMATION

(a)	Indemnity and other dealing arrangements

None

(b)	Agreements, arrangements or understandings relating to options or derivatives

None

Date of disclosure:	29/06/2026
Contact name:	Kamil Dziedzic
Telephone number:	+353 86 168 4821

END

FEREAEKNAFFKEFA

TIDM	SDR
Share Price	587.50p-0.17%

Date	29 Jun 2026
Time	11:12:40
Category	Holding(s) in company
ID	1823K

TIDM	SDR
Share Price	587.50p-0.17%

Date	29 Jun 2026
Time	11:12:40
Category	Holding(s) in company
ID	1823K

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20260626_SCHRODERS PLC_8.5 EPT RI_UK_MLI

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