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:

06 Jul 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:

15,351,374

0.65%

8,884,361

0.38%

(2) Cash-settled derivatives:

10,539,237

0.45%

12,951,634

0.55%

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

0

0.00%

0

0.00%

TOTAL: 

25,890,611

1.10%

21,835,995

0.93%

Class of relevant security:

Schroder Real Estate Investment Trust Limited ordinary NPV

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

1,449,191

0.30%

172,168

0.04%

(2) Cash-settled derivatives:

172,168

0.04%

1,304,924

0.27%

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

0

0.00%

0

0.00%

TOTAL: 

1,621,359

0.33%

1,477,092

0.30%

(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

757781

1.8950 GBP

1.8730 GBP

LondonMetric Property plc 10p ordinary

Sale

919411

1.8950 GBP

1.8739 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Purchase

3827

0.4600 GBP

0.4542 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Sale

17419

0.4611 GBP

0.4520 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

4,165

1.8745 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

1,597

1.8772 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

1

1.8700 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

161

1.8772 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

89,438

1.8810 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

13,572

1.8793 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

10,802

1.8761 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

56,300

1.8740 GBP

LondonMetric Property plc 10p ordinary

SWAP

Opening Long

2,125

1.8742 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

65,701

1.8740 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

395

1.8806 GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

220

1.8805 GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

292

1.8757 GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Short

157,278

1.8795 GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

33,430

1.8744 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

8,255

1.8783 GBP

LondonMetric Property plc 10p ordinary

SWAP

Opening Long

2,341

1.8742 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

5,709

1.8772 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

9,174

1.8744 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

1,225

1.8745 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

1,994

1.8742 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

4,335

1.8745 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

1,503

1.8741 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

2,417

1.8802 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

340

1.8939 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

1,360

1.8939 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

330

1.8773 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

249

1.8865 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

3,920

1.8770 GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

16,150

1.8820 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

710

1.8802 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

2,292

1.8802 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

339

1.8778 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

11,868

1.8753 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

35,232

1.8740 GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

1,871

1.8765 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

7,070

1.8771 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

7,542

1.8833 GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Long

184,227

1.8740 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

2,612

1.8771 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

6,798

1.8804 GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Long

250,960

1.8740 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

7,321

1.8770 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

208

1.8795 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

112

1.8910 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

5,320

1.8773 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

2,205

1.8755 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

13,939

1.8801 GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

52,935

1.8770 GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

18,894

1.8844 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

576

0.4600 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Closing Short

337

0.4600 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Opening Long

173

0.4600 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

1

0.4600 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Long

313

0.4590 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Increasing Long

8,581

0.4611 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Closing Long

173

0.4600 GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Long

875

0.4600 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:

07 Jul 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213