Jupiter Fund Management Plc disclosed a 1.11% interest in LondonMetric Property plc, representing 25,995,489 ordinary shares, as of 26 June 2026. The disclosure, made under Rule 8.3 of the Takeover Code, also revealed a 0.22% short position via cash-settled derivatives. On the same date, Jupiter reduced a short position by 55,998 shares through a CFD at a price of 1.906568 per unit. The disclosure relates to the offer by a consortium comprising LondonMetric Property plc and Schroder Real Estate Investment Trust Limited.
LondonMetric Property PlcJupiter Fund Management disclosed a 1.11% stake and a short position, indicating mixed sentiment; the disclosure is related to a takeover offer, but the net impact on LondonMetric Property is unclear.
Schroder Real Estate Investment Trust Ltd