Rathbones Group Plc disclosed a 3.33% interest in LondonMetric Property plc and a 3.23% interest in Schroder Real Estate Investment Trust Limited as of 16 July 2026. The disclosure, made under Rule 8.3 of the Takeover Code, relates to a consortium comprising LondonMetric and Schroder REIT. Rathbones reported holding 78,311,781 ordinary shares of LondonMetric and 15,845,009 ordinary shares of Schroder REIT. Dealings on the disclosure date included sales and purchases of LondonMetric shares at prices between 187.5902p and 187.867p, and transactions in Schroder REIT shares at 45.2984p and 45.858p. The filing also noted a transfer in of 24,000 LondonMetric shares and a transfer out of 16,500 Schroder REIT shares.
LondonMetric Property PlcRathbones disclosed a 3.33% stake, but the news is a routine regulatory filing with no stated impact on LondonMetric's operations or strategy.
Schroder Real Estate Investment Trust Ltd
Rathbone Brothers PLC