REG - JPMorgan Sec.Plc LondonMetric Schroder Real Estate - Form 8.5 (EPT/RI)-LondonMetric & Schroder REIT Ltd
Today 11:15
For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260415:nRSO6051Aa&default-theme=true
RNS Number : 6051A JPMorgan Securities Plc 15 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: 14 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 2,032,411 1.9140 GBP 1.8931 GBP
Sale 2,789,483 1.9135 GBP 1.8939 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 2,196 0.5000 GBP 0.5000 GBP
Sale 22,196 0.5000 GBP 0.5000 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 44,975 1.9023 GBP
16,900 1.9047 GBP
53,551 1.9091 GBP
1,733 1.9092 GBP
72,189 1.9093 GBP
8,678 1.9121 GBP
1,770 1.9127 GBP
Decrease Short 585 1.8960 GBP
7,123 1.9000 GBP
1 1.9010 GBP
495 1.9039 GBP
24,775 1.9043 GBP
7,611 1.9045 GBP
16,428 1.9052 GBP
1,105 1.9060 GBP
26,354 1.9070 GBP
21,805 1.9079 GBP
38,555 1.9089 GBP
2,028,475 1.9090 GBP
15,846 1.9091 GBP
9,630 1.9092 GBP
46,318 1.9101 GBP
Increase Long 1 1.9028 GBP
59,865 1.9048 GBP
300 1.9057 GBP
9,578 1.9067 GBP
5,321 1.9086 GBP
18,585 1.9087 GBP
5,550 1.9095 GBP
Increase Short 9,426 1.8980 GBP
22,088 1.8996 GBP
72,164 1.9020 GBP
11,978 1.9035 GBP
2,330 1.9041 GBP
7,631 1.9062 GBP
11,211 1.9064 GBP
106 1.9066 GBP
59,844 1.9072 GBP
28,217 1.9076 GBP
9,939 1.9088 GBP
810,559 1.9090 GBP
13 1.9091 GBP
34,517 1.9092 GBP
85,781 1.9093 GBP
15,094 1.9095 GBP
16 1.9120 GBP
Opening a long position 718 1.9000 GBP
12,532 1.9026 GBP
Opening a short position 3,003 1.8931 GBP
11,668 1.9019 GBP
141,994 1.9046 GBP
14,700 1.9057 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 - - -
(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: 15 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 FERBGGDSXBBDGLU
Copyright 2019 Regulatory News Service, all rights reservedRecent news on Schroder Real Estate Investment Trust
See all newsREG - Takeover Panel - Disclosure Table
AnnouncementREG - BlackRock Group LondonMetric Schroder Real Estate - Form 8.3 - LondonMetric & Schroder Real Estate
AnnouncementREG - State Street Global Picton Property Inc. LondonMetric Schroder Real Estate - Form 8.3 - A consortium LondonMetric & Schroder
AnnouncementREG - State Street Global LondonMetric Schroder Real Estate Picton Property Inc. - Form 8.3 - Picton Property Income Limited
AnnouncementREG - Quilter PLC LondonMetric Schroder Real Estate - Form 8.3 - LondonMetric PLC & Schroder REIT
Announcement