Form 8.3 - Urban Logistics REIT plc

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR

MORE

Rule 8.3 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Full name of discloser:

Barclays PLC.

(b)

Owner or controller of interest and short

positions disclosed, if different from 1(a):

(c)

Name of offeror/offeree in relation to whose

URBAN LOGISTICS REIT PLC

relevant securities this form relates:

(d)

If an exempt fund manager connected with an

offeror/offeree, state this and specify identity of

offeror/offeree:

(e)

Date position held/dealing undertaken:

12 Mar 2024

(f)

In addition to the company in 1(c) above, is the discloser making

YES:

disclosures in respect of any other party to the offer?

ABRDN PROPERTY INCOME TRUST LTD

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a)

Interests and short positions in the relevant securities of the offeror or offeree

to which the disclosure relates following the dealing(if any)

Class of relevant security:

1p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

665,770

0.14%

1,110,651

0.24%

(2)

Cash-settled derivatives:

and/or controlled:

916,941

0.19%

541,727

0.11%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,582,711

0.34%

1,652,378

0.35%

(b)

Rights to subscribe for new securities (including directors and other executive

options)

Class of relevant security in relation to

which subscription right exists

Details, including nature of the rights

concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

Class of relevant

Purchase/sale

Number of

Price per unit

security

securities

1p ordinary

Purchase

100,000

1.1968 GBP

1p ordinary

Purchase

47,791

1.1884 GBP

1p ordinary

Purchase

41,612

1.1800 GBP

1p ordinary

Purchase

28,408

1.1837 GBP

1p ordinary

Purchase

20,783

1.1848 GBP

1p ordinary

Purchase

5,125

1.1974 GBP

1p ordinary

Purchase

1,341

1.1880 GBP

1p ordinary

Purchase

1,271

1.1940 GBP

1p ordinary

Purchase

1,187

1.1916 GBP

1p ordinary

Purchase

1,129

1.1900 GBP

1p ordinary

Purchase

1,088

1.2020 GBP

1p ordinary

Purchase

776

1.1980 GBP

1p ordinary

Purchase

692

1.1860 GBP

1p ordinary

Purchase

684

1.1840 GBP

1p ordinary

Purchase

599

1.1939 GBP

1p ordinary

Purchase

301

1.1820 GBP

1p ordinary

Purchase

9

1.1960 GBP

1p ordinary

Purchase

4

1.2000 GBP

1p ordinary

Sale

92,715

1.1821 GBP

1p ordinary

Sale

21,572

1.1829 GBP

1p ordinary

Sale

20,960

1.1900 GBP

1p ordinary

Sale

19,418

1.1861 GBP

1p ordinary

Sale

15,535

1.1799 GBP

1p ordinary

Sale

7,858

1.1800 GBP

1p ordinary

Sale

7,420

1.1940 GBP

1p ordinary

Sale

3,070

1.2007 GBP

1p ordinary

Sale

2,936

1.1860 GBP

1p ordinary

Sale

1,777

1.2003 GBP

1p ordinary

Sale

1,385

1.1865 GBP

1p ordinary

Sale

1,341

1.1880 GBP

1p ordinary

Sale

1,172

1.1840 GBP

1p ordinary

Sale

1,152

1.1844 GBP

1p ordinary

Sale

776

1.1980 GBP

1p ordinary

Sale

746

1.1915 GBP

1p ordinary

Sale

437

1.1960 GBP

1p ordinary

Sale

422

1.1863 GBP

1p ordinary

Sale

301

1.1820 GBP

1p ordinary

Sale

118

1.1966 GBP

1p ordinary

Sale

4

1.2000 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

1p ordinary

CFD

Decreasing Long

13

1.1800 GBP

1p ordinary

SWAP

Decreasing Long

114

1.1860 GBP

1p ordinary

SWAP

Decreasing Long

692

1.1860 GBP

1p ordinary

SWAP

Decreasing Long

902

1.1964 GBP

1p ordinary

SWAP

Decreasing Long

1,088

1.2020 GBP

1p ordinary

CFD

Decreasing Long

4,536

1.1941 GBP

1p ordinary

CFD

Decreasing Long

5,125

1.1974 GBP

1p ordinary

SWAP

Decreasing Long

26,608

1.1800 GBP

1p ordinary

SWAP

Increasing Long

40

1.1919 GBP

1p ordinary

SWAP

Increasing Long

166

1.1899 GBP

1p ordinary

CFD

Increasing Long

422

1.1863 GBP

1p ordinary

SWAP

Increasing Long

722

1.1916 GBP

1p ordinary

SWAP

Increasing Long

1,057

1.1865 GBP

1p ordinary

CFD

Increasing Long

1,646

1.1800 GBP

1p ordinary

CFD

Increasing Long

3,070

1.2007 GBP

1p ordinary

SWAP

Increasing Long

15,535

1.1799 GBP

1p ordinary

SWAP

Increasing Long

18,777

1.1902 GBP

1p ordinary

SWAP

Increasing Short

17,112

1.1880 GBP

1p ordinary

SWAP

Increasing Short

25,127

1.1874 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

date

money

relevant

selling,

securities

per unit

paid/

security

varying etc

to which

received

option

per unit

relates

(ii)

Exercising

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

securities

unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings arrangements

Details of any indemnity or option arrangement, or any agreement or understanding,

formal or informal, relating to relevant securities which may be an inducement to deal

or refrain from dealing entered into by the exempt principal trader making the disclosure and any party

to the offer or any person acting in concert with a party to the offer:

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between

the person making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights of future acquisition or disposal of any relevant securities to which

any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

13 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213