Rathbones Group Plc disclosed a 3.34% interest in LondonMetric Property plc and a 3.18% interest in Schroder Real Estate Investment Trust Limited as of 27 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 78,550,676 ordinary shares of LondonMetric and 15,570,528 ordinary shares of Schroder REIT. On the same date, Rathbones executed multiple transactions in LondonMetric shares, including purchases of 178,630 shares at 196.9p and sales of 3,581 shares at 197.384p, and sold 6,000 Schroder REIT shares at 45.8196p.
LondonMetric Property PlcRathbones disclosed a 3.34% stake and traded shares, but no clear impact on LondonMetric's value or operations.
Schroder Real Estate Investment Trust Ltd
Rathbone Brothers PLCRathbones disclosed stakes in two REITs and executed trades, but the news is a routine disclosure with no stated impact on Rathbones itself.