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:

12 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:

11,838,956

0.50%

4,428,897

0.19%

(2) Cash-settled derivatives:

5,813,454

0.25%

9,329,636

0.40%

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

0

0.00%

0

0.00%

TOTAL: 

17,652,410

0.75%

13,758,533

0.59%

Class of relevant security:

Schroder Real Estate Investment Trust Limited ordinary NPV

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

1,419,818

0.29%

548,246

0.11%

(2) Cash-settled derivatives:

136,344

0.03%

977,935

0.20%

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

0

0.00%

0

0.00%

TOTAL: 

1,556,162

0.32%

1,526,181

0.31%

(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

2355062

1.8563 GBP

1.8313 GBP

LondonMetric Property plc 10p ordinary

Sale

1854298

1.8560 GBP

1.8287 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Purchase

23138

0.4800 GBP

0.4715 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Sale

36278

0.4786 GBP

0.4715 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

Decreasing Long

1,248

1.8550 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

53,898

1.8458 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

2,377

1.8414 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

4,583

1.8495 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

1,099

1.8495 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

2,078

1.8560 GBP

LondonMetric Property plc 10p ordinary

SWAP

Opening Short

72,683

1.8494 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

166,515

1.8559 GBP

LondonMetric Property plc 10p ordinary

SWAP

Closing Long

3

1.8560 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

11,100

1.8559 GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

25,136

1.8558 GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

12

1.8541 GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

5,390

1.8511 GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Short

49

1.8522 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

12,514

1.8335 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

13

1.8561 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

36,739

1.8473 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

4,449

1.8556 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

44,710

1.8562 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

6

1.8566 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

369

1.8550 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

4,374

1.8562 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

4,396

1.8550 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

3,396

1.8543 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

40,749

1.8557 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

30,499

1.8557 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

33,499

1.8557 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

922

1.8388 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

6,418

1.8429 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

21,566

1.8426 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

2,522

1.8406 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

32

1.8508 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

12,900

1.8485 GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Short

15,370

1.8354 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

1,722

1.8489 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

273

1.8388 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

2,498

1.8388 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

287

1.8379 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

500

1.8482 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

753

1.8402 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

1,715

1.8413 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

1,147

1.8379 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

237

1.8299 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

5,987

1.8361 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

31,479

1.8424 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

43

1.8560 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

12,128

1.8437 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

66,735

1.8555 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

27,979

1.8387 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

16,055

1.8443 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

62,291

1.8445 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

407,539

1.8426 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

28

0.4734 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

83

0.4735 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Long

158

0.4734 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Long

1,086

0.4800 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

8,052

0.4720 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

10,214

0.4720 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Increasing Long

606

0.4749 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Long

7,489

0.4739 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Increasing Long

12,295

0.4786 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:

15 Jun 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213