REG - Peel Hunt LLP LondonMetric Schroder Real Estate - Form 8.5 (EPT/RI) LondonMetric PLC & Schroder REIT

Londonmetric PropertyAnnouncement

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RNS Number : 8579Z  Peel Hunt LLP  09 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:                                            Peel Hunt LLP
 (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        A consortium comprising LondonMetric Property plc and Schroder Real Estate
 connected:                                                                      Investment Trust Limited
 (d) Date dealing undertaken:                                                    08 April 2026

 (e) In addition to the company in 1(b) above, is the exempt principal trader    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

 

(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   Purchases         173,315                     194.20 GBx                            192.14 GBx

 LondonMetric 10p ordinary   Sales             166,416                     195.29 GBx                            192.20 GBx

 Schroder REIT ordinary NPV  Purchases         294,610                     49.79 GBx                             49.04 GBx
 Schroder REIT ordinary NPV  Sales             720,171                     49.80 GBx                             48.68 GBx

 

(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

 

(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:  09 April 2026

 Contact name:        Lesah Munyakazi

 Telephone number:    +44 (0) 20 7418 8900

 

 

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