Rathbones Group discloses 3.34% stake in LondonMetric and 3.29% in Schroder REIT

Yahoo Finance··Read original
2▲0 ▼0Impact / 5
Summary · why it matters

Rathbones Group Plc disclosed a 3.34% interest in LondonMetric Property plc, holding 78,321,505 ordinary shares, and a 3.29% interest in Schroder Real Estate Investment Trust Limited, holding 16,118,857 ordinary shares, as of 1 July 2026. The disclosure was made under Rule 8.3 of the Takeover Code in relation to the consortium comprising LondonMetric Property plc and Schroder Real Estate Investment Trust Limited. Rathbones also reported dealings on 1 July, including sales of LondonMetric shares at prices between 186.108p and 187.202p and purchases at prices between 185.932p and 187.2p, as well as a sale of 29,625 Schroder REIT shares at 46.2351p per share.

Impact on assets 3

Real Estate▲
LondonMetric Property Plc
LMP
± MixedCapitalrelevance

Rathbones disclosed a 3.34% stake and traded shares, but no clear positive or negative signal for LondonMetric.

Financials▲