REG - Raymond James WM Picton Property Inc. Schroder Real Estate LondonMetric - Form 8(OPD) LondonMetric Property & Schroder REIT

Londonmetric PropertyAnnouncement

25/03/2026 13:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260325:nRSY1212Ya&default-theme=true

RNS Number : 1212Y  Raymond James Wealth Management Ltd  25 March 2026

FORM 8 (OPD)

 

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER

Rules 8.1 and 8.2 of the Takeover Code (the "Code")

 

1.         KEY INFORMATION

 

 (a) Full name of discloser:                                                     Raymond James Financial Inc on behalf of discretionary clients
 (b) Owner or controller of interests and short positions disclosed, if
 different from 1(a):

      The naming of nominee or vehicle companies is insufficient.  For a
 trust, the trustee(s), settlor and beneficiaries must be named.
 (c) Name of offeror/offeree in relation to whose relevant securities this form  A consortium comprising LondonMetric Property plc and Schroder Real Estate
 relates:                                                                        Investment

      Use a separate form for each offeror/offeree
 (d) Is the discloser the offeror or the offeree?

                                                                                 OFFEROR

 (e) Date position held:

      The latest practicable date prior to the disclosure                        24 March 2026

 (f)  In addition to the company in 1(c) above, is the discloser making
 disclosures in respect of any other party to the offer?

      If it is a cash offer or possible cash offer, state "N/A"

                                                                                 Yes - Picton Property Income LTD

 

2.         POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE

 

If there are positions or rights to subscribe to disclose in more than one
class of relevant securities of the offeror or offeree named in 1(c), copy
table 2(a) or (b) (as appropriate) for each additional class of relevant
security.

 

(a)        Interests and short positions in the relevant securities of
the offeror or offeree to which the disclosure relates

 

 Class of relevant security:                                          LondonMetric Property plc Ord 10p

                                                                      Interests             Short positions

                                                                      Number     %          Number     %
 (1) Relevant securities owned and/or controlled:                     7,376,323  0.31%

 (2) Cash-settled derivatives:

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

      TOTAL:

 

 

 

 

 

 

 

 Class of relevant security:                                          Schroder Real Estate Investment Trust Limited Ordinary NPV

                                                                      Interests                         Short positions

                                                                      Number           %                Number           %
 (1) Relevant securities owned and/or controlled:                                      1.42%

                                                                      6,986,348

 (2) Cash-settled derivatives:

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

      TOTAL:

 

 

All interests and all short positions should be disclosed.

 

Details of any open stock-settled derivative positions (including traded
options), or agreements to purchase or sell relevant securities, should be
given on a Supplemental Form 8 (Open Positions).

 

Details of any securities borrowing and lending positions or financial
collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

 

(b)        Rights to subscribe for new securities

 

 Class of relevant security in relation to which subscription right exists:
 Details, including nature of the rights concerned and relevant percentages:

 

 

3.         POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO
THE OFFER MAKING THE DISCLOSURE

 

 Details of any interests, short positions and rights to subscribe (including
 directors' and other employee options) of any person acting in concert with
 the party to the offer making the disclosure:

 

Details of any open stock-settled derivative positions (including traded
options), or agreements to purchase or sell relevant securities, should be
given on a Supplemental Form 8 (Open Positions).

 

Details of any securities borrowing and lending positions or financial
collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

 

4.         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 party to
 the offer making the disclosure or any person acting in concert with it:

 Irrevocable commitments and letters of intent should not be included. If there
 are no such agreements, arrangements or understandings, state "none"

 

(b)        Agreements, arrangements or understandings relating to
options or derivatives

 

 Details of any agreement, arrangement or understanding, formal or informal,
 between the party to the offer making the disclosure, or any person acting in
 concert with it, 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"

 

(c)        Attachments

 

Are any Supplemental Forms attached?

 

 Supplemental Form 8 (Open Positions)  NO
 Supplemental Form 8 (SBL)             NO

 

 

 Date of disclosure:  25/03/2026
 Contact name:        Marco Abbatiello
 Telephone number:    020 3798 3359

 

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 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  FEEBXGDXLGDDGLU



            Copyright 2019 Regulatory News Service, all rights reserved