LondonMetric Regulatory News (LMP)

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:

29 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:

16,584,213

0.71%

9,434,215

0.40%

(2) Cash-settled derivatives:

11,340,031

0.48%

12,950,141

0.55%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

27,924,244

1.19%

22,384,356

0.95%

Class of relevant security:

Schroder Real Estate Investment Trust Limited ordinary NPV

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

1,697,750

0.35%

425,324

0.09%

(2) Cash-settled derivatives:

154,599

0.03%

1,256,574

0.26%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

1,852,349

0.38%

1,681,898

0.34%

(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

1601151

1.9070 GBP

1.8930 GBP

LondonMetric Property plc 10p ordinary

Sale

1256300

1.9200 GBP

1.8940 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Purchase

75087

0.4605 GBP

0.4562 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Sale

85944

0.4605 GBP

0.4565 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

Increasing Short

5,031

1.8987 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

1,075

1.8993 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

7

1.8985 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

17,753

1.8995 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

27,193

1.8979 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

20,851

1.8996 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

134,178

1.8980 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

258

1.8980 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

30,500

1.9026 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

11,551

1.9003 GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

274

1.8978 GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

927

1.8983 GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Short

859

1.9077 GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

89,209

1.8986 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

678

1.8993 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

78

1.8993 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

8,368

1.8976 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

53,819

1.8977 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

8,005

1.8976 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

1,448

1.8987 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

2,600

1.8976 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

68,236

1.8977 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

219

1.8986 GBP

LondonMetric Property plc 10p ordinary

SWAP

Opening Short

312

1.8987 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

16,077

1.8977 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

152

1.8957 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

777

1.9000 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

20,667

1.8980 GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

22,045

1.8980 GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Short

182,105

1.8996 GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

48,796

1.9047 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

373,392

1.8983 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

357,170

1.8983 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

45

1.8957 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

116,022

1.8983 GBP

LondonMetric Property plc 10p ordinary

SWAP

Closing Long

161

1.8987 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

161

1.9005 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

39,065

1.8984 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

284

1.8980 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

3,354

1.9002 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

9,544

1.8988 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

40,784

1.8979 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

37,168

1.9009 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

1,639

1.8966 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

5,431

1.8976 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

46,506

1.9036 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

7,035

1.8998 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

4,122

1.8980 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

103

1.8980 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

593

1.8950 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

9,727

1.8976 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

89,764

1.9013 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

21,768

1.8983 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

7,258

1.9032 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

4,966

0.4585 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

6,399

0.4585 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Long

1,397

0.4565 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Long

122

0.4562 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

2,291

0.4590 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

561

0.4585 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Increasing Long

2,616

0.4585 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Long

11,096

0.4570 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Increasing Long

25,943

0.4598 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:

30 Jun 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213