Jupiter Fund Management Plc disclosed a 1.11% interest in LondonMetric Property plc, holding 25,995,489 ordinary shares as of 23rd July 2026. The disclosure, made under Rule 8.3 of the Takeover Code, also revealed a short position of 4,951,172 shares via cash-settled derivatives, representing 0.21% of the class. On the same date, Jupiter reduced a short position through a CFD transaction covering 43,573 securities at a price of 1.944486 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 by a consortium including LondonMetric Property.
Schroder Real Estate Investment Trust Ltd