REG - JPMorgan Sec.Plc LondonMetric Schroder Real Estate - Form 8.5 (EPT/RI)-LondonMetric & Schroder REIT Ltd
Yesterday 11:00
For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260408:nRSH6620Za&default-theme=true
RNS Number : 6620Z JPMorgan Securities Plc 08 April 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: J.P. Morgan Securities Plc
(b) Name of offeror/offeree in relation to whose relevant securities this form A consortium comprising LondonMetric Property plc and Schroder Real Estate
relates: Investment Trust Limited
Use a separate form for each offeror/offeree
(c) Name of the party to the offer with which exempt principal trader is Financial advisor to a consortium comprising LondonMetric Property plc and
connected: Schroder Real Estate Investment Trust Limited
(d) Date dealing undertaken: 07 April 2026
(e) In addition to the company in 1(b) above, is the exempt principal trader Yes, Picton Property Income Limited
making disclosures in respect of any other party to this offer?
If it is a cash offer or possible cash offer, state "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
LondonMetric 10p ordinary Purchase 1,596,891 1.8780 GBP 1.8490 GBP
Sale 1,870,817 1.8790 GBP 1.8488 GBP
Class of relevant security Purchases/ sales Total number of securities Highest price per unit paid/received Lowest price per unit paid/received
Schroder REIT ordinary NPV Purchase 12,735 0.4840 GBP 0.4775 GBP
Sale 28,210 0.4900 GBP 0.4766 GBP
(b) Cash-settled derivative transactions
Class of relevant security Product description Nature of dealing Number of reference securities Price per unit
e.g. CFD e.g. opening/closing a long/short position, increasing/reducing a long/short
position
LondonMetric 10p ordinary Equity Swap Decrease Long 1 1.8492 GBP
2,210 1.8511 GBP
45,662 1.8579 GBP
67,022 1.8636 GBP
15,911 1.8666 GBP
Decrease Short 63,616 1.8489 GBP
79,696 1.8490 GBP
12,047 1.8492 GBP
6,936 1.8591 GBP
104,353 1.8593 GBP
13,200 1.8629 GBP
44,633 1.8651 GBP
244 1.8652 GBP
58,500 1.8673 GBP
8,686 1.8682 GBP
15,547 1.8698 GBP
3,760 1.8710 GBP
19,233 1.8713 GBP
3,941 1.8714 GBP
11,599 1.8745 GBP
Increase Long 7,808 1.8488 GBP
18,029 1.8529 GBP
7,168 1.8531 GBP
9,910 1.8542 GBP
87,111 1.8555 GBP
68,115 1.8610 GBP
8,700 1.8678 GBP
32,755 1.8694 GBP
418,081 1.8760 GBP
Increase Short 87,346 1.8490 GBP
277,595 1.8492 GBP
21,526 1.8514 GBP
20,583 1.8517 GBP
44,711 1.8551 GBP
184,651 1.8558 GBP
15,208 1.8620 GBP
3,809 1.8627 GBP
2,008 1.8652 GBP
787 1.8701 GBP
492 1.8718 GBP
Opening a long position 2,524 1.8490 GBP
76,909 1.8570 GBP
10,988 1.8614 GBP
4,390 1.8788 GBP
Opening a short position 86,162 1.8490 GBP
40 1.8616 GBP
1,695 1.8730 GBP
6,914 1.8737 GBP
Class of relevant security Product description Nature of dealing Number of reference securities Price per unit
e.g. CFD e.g. opening/closing a long/short position, increasing/reducing a long/short
position
Schroder REIT ordinary NPV Equity Swap Increase Short 6,704 0.4837 GBP
Opening a long position 21,890 0.4779 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 Expiry date Option money paid/ received per unit
e.g. American, European etc.
(ii) Exercise
Class of relevant security Product description Exercising/ exercised against Number of securities Exercise price per unit
e.g. call option
(d) Other dealings (including subscribing for new securities)
Class of relevant security Nature of dealing Details Price per unit (if applicable)
e.g. subscription, conversion
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: 08 April 2026
Contact name: Hetvi Shah
Telephone number: 44 2034 936359
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
(http://www.thetakeoverpanel.org.uk) .
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END FERGCGDSRUGDGLI
Copyright 2019 Regulatory News Service, all rights reservedRecent news on Londonmetric Property
See all newsREG - Takeover Panel - Disclosure Table
AnnouncementREG - BlackRock Group LondonMetric Schroder Real Estate - Form 8.3 - LondonMetric & Schroder Real Estate
AnnouncementREG - Evelyn Partners Grp LondonMetric Schroder Real Estate Picton Property Inc. - Form 8.3 - LondonMetric PLC & Schroder REIT
AnnouncementREG - Evelyn Partners Grp Picton Property Inc. LondonMetric Schroder Real Estate - Form 8.3 - PICTON PROPERTY INCOME LIMITED
AnnouncementREG - Quilter PLC LondonMetric Schroder Real Estate - Form 8.3 - LondonMetric PLC & Schroder REIT
Announcement