Form 8.5 EPT/Non RI LONDONMETRIC PROPERTY PLC

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS

(OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Name of exempt principal trader:

BARCLAYS CAPITAL SECURITIES LTD

(b)

Name of offeror/offeree in relation to whose

LONDONMETRIC PROPERTY PLC

relevant securities this form relates:

(c)

Name of the party to the offer with which exempt

LONDONMETRIC PROPERTY PLC

principal trader is connected

(d)

Date position held/dealing undertaken:

09 May 2025

(e)

In addition to the company in 1(b) above, is the exempt principal

YES:

trader making disclosures in respect of any other party to the offer?

URBAN LOGISTICS REIT PLC

2.

POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(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:

10p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

11,307,025

0.55%

20,358,793

0.99%

(2)

Cash-settled derivatives:

and/or controlled:

19,258,705

0.94%

9,030,745

0.44%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

30,565,730

1.49%

29,389,538

1.43%

(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

Total number of

Highest price per unit

Lowest price per unit

security

securities

paid/received

paid/received

10p ordinary

Purchase

11,718,995

1.9305 GBP

1.8371 GBP

10p ordinary

Sale

2,725,519

1.9290 GBP

1.9070 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

10p ordinary

SWAP

Increasing Long

397

1.9093 GBP

10p ordinary

SWAP

Increasing Long

6,610

1.9120 GBP

10p ordinary

SWAP

Increasing Long

270,109

1.9124 GBP

10p ordinary

SWAP

Increasing Long

6

1.9129 GBP

10p ordinary

SWAP

Increasing Long

15,858

1.9148 GBP

10p ordinary

SWAP

Increasing Long

160

1.9170 GBP

10p ordinary

SWAP

Increasing Long

13,426

1.9184 GBP

10p ordinary

SWAP

Increasing Long

844

1.9214 GBP

10p ordinary

SWAP

Increasing Long

43,492

1.9223 GBP

10p ordinary

SWAP

Increasing Long

13,610

1.9239 GBP

10p ordinary

SWAP

Increasing Long

7,260

1.9244 GBP

10p ordinary

SWAP

Increasing Long

49,058

1.9260 GBP

10p ordinary

SWAP

Increasing Long

104,449

1.9267 GBP

10p ordinary

SWAP

Increasing Long

169,175

1.9287 GBP

10p ordinary

SWAP

Increasing Long

372

1.9290 GBP

10p ordinary

SWAP

Decreasing Long

1,683,500

1.8371 GBP

10p ordinary

SWAP

Decreasing Long

848

1.9075 GBP

10p ordinary

SWAP

Decreasing Long

8,200

1.9101 GBP

10p ordinary

SWAP

Decreasing Long

15,987

1.9105 GBP

10p ordinary

SWAP

Decreasing Long

8,294

1.9109 GBP

10p ordinary

SWAP

Decreasing Long

15,300

1.9110 GBP

10p ordinary

SWAP

Decreasing Long

1,022

1.9113 GBP

10p ordinary

SWAP

Decreasing Long

40,097

1.9115 GBP

10p ordinary

SWAP

Decreasing Long

17,098

1.9120 GBP

10p ordinary

SWAP

Decreasing Long

58,237

1.9125 GBP

10p ordinary

SWAP

Decreasing Long

10,036

1.9126 GBP

10p ordinary

SWAP

Decreasing Long

1,060,926

1.9127 GBP

10p ordinary

SWAP

Decreasing Long

1,408

1.9130 GBP

10p ordinary

SWAP

Decreasing Long

103,380

1.9132 GBP

10p ordinary

SWAP

Decreasing Long

79

1.9133 GBP

10p ordinary

SWAP

Decreasing Long

13,915

1.9135 GBP

10p ordinary

SWAP

Decreasing Long

303,572

1.9139 GBP

10p ordinary

SWAP

Decreasing Long

289,695

1.9140 GBP

10p ordinary

SWAP

Decreasing Long

155,394

1.9142 GBP

10p ordinary

SWAP

Decreasing Long

1,409,283

1.9144 GBP

10p ordinary

SWAP

Decreasing Long

20,628

1.9145 GBP

10p ordinary

SWAP

Decreasing Long

7,000

1.9147 GBP

10p ordinary

SWAP

Decreasing Long

132,826

1.9148 GBP

10p ordinary

SWAP

Decreasing Long

106,433

1.9149 GBP

10p ordinary

SWAP

Decreasing Long

3,329

1.9150 GBP

10p ordinary

SWAP

Decreasing Long

3,472

1.9151 GBP

10p ordinary

SWAP

Decreasing Long

341,323

1.9152 GBP

10p ordinary

SWAP

Decreasing Long

1,693,500

1.9155 GBP

10p ordinary

SWAP

Decreasing Long

4,629

1.9156 GBP

10p ordinary

SWAP

Decreasing Long

696,052

1.9161 GBP

10p ordinary

SWAP

Decreasing Long

16,611

1.9165 GBP

10p ordinary

SWAP

Decreasing Long

66,762

1.9168 GBP

10p ordinary

SWAP

Decreasing Long

1,264

1.9171 GBP

10p ordinary

SWAP

Decreasing Long

21,447

1.9174 GBP

10p ordinary

SWAP

Decreasing Long

12,068

1.9175 GBP

10p ordinary

SWAP

Decreasing Long

103,320

1.9180 GBP

10p ordinary

SWAP

Decreasing Long

17,800

1.9195 GBP

10p ordinary

SWAP

Decreasing Long

63,948

1.9196 GBP

10p ordinary

SWAP

Decreasing Long

6,400

1.9199 GBP

10p ordinary

SWAP

Decreasing Long

56,000

1.9205 GBP

10p ordinary

SWAP

Decreasing Long

4,027

1.9208 GBP

10p ordinary

SWAP

Decreasing Long

15,000

1.9215 GBP

10p ordinary

SWAP

Decreasing Long

200,057

1.9221 GBP

10p ordinary

SWAP

Decreasing Long

6,568

1.9222 GBP

10p ordinary

SWAP

Decreasing Long

6,400

1.9225 GBP

10p ordinary

SWAP

Decreasing Long

268,792

1.9226 GBP

10p ordinary

SWAP

Decreasing Long

34,839

1.9227 GBP

10p ordinary

SWAP

Decreasing Long

12,500

1.9230 GBP

10p ordinary

SWAP

Decreasing Long

5,900

1.9231 GBP

10p ordinary

SWAP

Decreasing Long

34,552

1.9235 GBP

10p ordinary

SWAP

Decreasing Long

130,000

1.9237 GBP

10p ordinary

SWAP

Decreasing Long

23,700

1.9244 GBP

10p ordinary

SWAP

Decreasing Long

7,700

1.9245 GBP

10p ordinary

SWAP

Decreasing Long

33,800

1.9248 GBP

10p ordinary

SWAP

Decreasing Long

17,200

1.9255 GBP

10p ordinary

SWAP

Decreasing Long

6,070

1.9263 GBP

10p ordinary

SWAP

Decreasing Long

377,445

1.9267 GBP

10p ordinary

SWAP

Decreasing Long

227,436

1.9290 GBP

10p ordinary

SWAP

Decreasing Long

300,000

1.9291 GBP

10p ordinary

SWAP

Decreasing Long

1,600

1.9305 GBP

10p ordinary

CFD

Decreasing Short

9,848

1.9125 GBP

10p ordinary

CFD

Decreasing Short

170,683

1.9140 GBP

10p ordinary

CFD

Opening Long

529,229

1.9148 GBP

10p ordinary

CFD

Increasing Long

3,693

1.9289 GBP

10p ordinary

CFD

Decreasing Long

4,810

1.9139 GBP

10p ordinary

CFD

Decreasing Long

9,103

1.9143 GBP

10p ordinary

CFD

Decreasing Long

115,392

1.9194 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 exempt principal trader 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:

12 May 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213