LondonMetric Regulatory News (LMP)

FORM 8.5 (EPT/NON-RI) - Amendment - this form replaces RNS number 0320A published at 11:59 on 10/04/2026, changes made to section 2a and 3b

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

 A CONSORTIUM COMPRISING LONDONMETRIC PROPERTY PLC AND SCHRODER REAL ESTATE INVESTMENT TRUST LIMITED

relevant securities this form relates:

(c)

Name of the party to the offer with which exempt

 A CONSORTIUM COMPRISING LONDONMETRIC PROPERTY PLC AND SCHRODER REAL ESTATE INVESTMENT TRUST LIMITED

principal trader is connected

(d)

Date position held/dealing undertaken:

09 Apr 2026

(e)

In addition to the company in 1(b) above, is the exempt principal

YES:

trader making disclosures in respect of any other party to the offer?

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:

1,624,027

0.33%

245,565

0.05%

(2)

Cash-settled derivatives:

and/or controlled:

0

0.00%

1,421,105

0.29%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,624,027

0.33%

1,666,670

0.34%

Class of relevant security:

Schroder Real Estate Investment Trust Limited ordinary NPV

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

11,341,066

0.48%

10,150,141

0.43%

(2)

Cash-settled derivatives:

and/or controlled:

10,583,064

0.45%

7,643,217

0.33%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

21,924,130

0.94%

17,793,358

0.76%

(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)

Purchases and sales

Class of relevant

Purchase/sale

Total number of

Highest price per unit

Lowest price per unit

security

securities

paid/received

paid/received

Schroder Real Estate Investment Trust Limited ordinary NPV

Purchase

7,566

0.4940 GBP

0.4890 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Sale

32,089

0.4970 GBP

0.4890 GBP

LondonMetric Property plc 10p ordinary

Purchase

3,278,212

1.9250 GBP

1.8930 GBP

LondonMetric Property plc 10p ordinary

Sale

1,037,814

1.9170 GBP

1.8930 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

2,953

0.4900 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

140

0.4902 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

34

0.4911 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

1,846

0.4900 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

434

0.4907 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Short

1,039

0.4900 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Short

26,823

0.4970 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Increasing Short

209

0.4891 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Increasing Short

3,977

0.4900 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

6,766

1.9010 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

7,901

1.9020 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

27,548

1.9027 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

110

1.9032 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

67,480

1.9050 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

121,017

1.9063 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

19,281

1.9070 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

1,121

1.9076 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

7,626

1.9079 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

233,327

1.9093 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

77,585

1.9095 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

38,027

1.9096 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

17

1.9098 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

1,469

1.9099 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

33,469

1.9100 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

45,180

1.9102 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

6,200

1.9131 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

9,557

1.9138 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

653

1.9140 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

790

1.9156 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

11,874

1.9160 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

6,766

1.9010 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

7,901

1.9020 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

3,821

1.9030 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

35,156

1.9032 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

85

1.9033 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

4,273

1.9036 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

23,099

1.9041 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

75,648

1.9042 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

4,694

1.9050 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

177,668

1.9052 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

5,989

1.9065 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

19,281

1.9070 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

3,293

1.9072 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

31,656

1.9077 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

100

1.9078 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

133

1.9090 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

357,090

1.9100 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

7,388

1.9118 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

2,141,211

1.9130 GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

24,747

1.9023 GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

5,968

1.9248 GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

47,459

1.9100 GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

40,168

1.9101 GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

1,271

1.9250 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

date

money

relevant

selling,

securities

per unit

paid/

security

varying etc

to which

received

option

per unit

relates

(ii)

Exercising

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

securities

unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

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:

13 Apr 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213