Form 8.3- WAREHOUSE 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

WAREHOUSE 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:

09 Apr 2025

(f)

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

NO

disclosures in respect of any other party to the offer?

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:

6,099,213

1.44%

1,308,180

0.31%

(2)

Cash-settled derivatives:

and/or controlled:

635,034

0.15%

6,074,260

1.43%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

6,734,247

1.59%

7,382,440

1.74%

(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

147,333

1.0211 GBP

1p ordinary

Purchase

142,794

1.0198 GBP

1p ordinary

Purchase

140,000

1.0197 GBP

1p ordinary

Purchase

135,123

1.0160 GBP

1p ordinary

Purchase

120,039

1.0207 GBP

1p ordinary

Purchase

64,760

1.0164 GBP

1p ordinary

Purchase

30,527

1.0180 GBP

1p ordinary

Purchase

27,034

1.0149 GBP

1p ordinary

Purchase

8,539

1.0175 GBP

1p ordinary

Purchase

7,707

1.0120 GBP

1p ordinary

Purchase

2,007

1.0140 GBP

1p ordinary

Purchase

1,917

1.0187 GBP

1p ordinary

Purchase

1,675

1.0176 GBP

1p ordinary

Purchase

750

1.0220 GBP

1p ordinary

Sale

361,667

1.0160 GBP

1p ordinary

Sale

159,809

1.0249 GBP

1p ordinary

Sale

69,128

1.0161 GBP

1p ordinary

Sale

65,405

1.0182 GBP

1p ordinary

Sale

51,806

1.0184 GBP

1p ordinary

Sale

22,309

1.0150 GBP

1p ordinary

Sale

17,972

1.0166 GBP

1p ordinary

Sale

17,317

1.0157 GBP

1p ordinary

Sale

14,390

1.0165 GBP

1p ordinary

Sale

10,101

1.0227 GBP

1p ordinary

Sale

6,411

1.0121 GBP

1p ordinary

Sale

6,064

1.0140 GBP

1p ordinary

Sale

4,269

1.0155 GBP

1p ordinary

Sale

1,724

1.0240 GBP

1p ordinary

Sale

1,284

1.0091 GBP

1p ordinary

Sale

1,109

1.0180 GBP

1p ordinary

Sale

756

1.0220 GBP

1p ordinary

Sale

684

1.0198 GBP

1p ordinary

Sale

413

1.0120 GBP

1p ordinary

Sale

86

1.0164 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

1p ordinary

SWAP

Decreasing Short

4,269

1.0155 GBP

1p ordinary

SWAP

Decreasing Short

346,120

1.0160 GBP

1p ordinary

SWAP

Decreasing Short

14,390

1.0165 GBP

1p ordinary

SWAP

Decreasing Short

48

1.0166 GBP

1p ordinary

SWAP

Decreasing Short

15,334

1.0170 GBP

1p ordinary

SWAP

Decreasing Short

400

1.0179 GBP

1p ordinary

SWAP

Decreasing Short

65,405

1.0182 GBP

1p ordinary

SWAP

Decreasing Short

51,806

1.0184 GBP

1p ordinary

SWAP

Decreasing Short

4,341

1.0186 GBP

1p ordinary

SWAP

Increasing Short

8,539

1.0175 GBP

1p ordinary

SWAP

Increasing Short

262,833

1.0202 GBP

1p ordinary

SWAP

Increasing Short

287,333

1.0204 GBP

1p ordinary

CFD

Decreasing Short

25,020

1.0156 GBP

1p ordinary

CFD

Decreasing Short

4,020

1.0279 GBP

1p ordinary

CFD

Increasing Short

7,447

1.0160 GBP

1p ordinary

CFD

Increasing Short

3,590

1.0227 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:

10 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213