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:

12 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:

12,325,392

0.60%

20,157,010

0.98%

(2)

Cash-settled derivatives:

and/or controlled:

19,042,555

0.93%

10,173,445

0.49%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

31,367,947

1.53%

30,330,455

1.48%

(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

4,640,180

1.9358 GBP

1.8740 GBP

10p ordinary

Sale

3,420,030

1.9361 GBP

1.8797 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

1,243

1.8880 GBP

10p ordinary

SWAP

Increasing Long

548,435

1.8948 GBP

10p ordinary

SWAP

Increasing Long

199,983

1.8950 GBP

10p ordinary

SWAP

Increasing Long

1,884

1.8978 GBP

10p ordinary

SWAP

Increasing Long

5,150

1.8997 GBP

10p ordinary

SWAP

Increasing Long

163,082

1.8999 GBP

10p ordinary

SWAP

Increasing Long

96,186

1.9009 GBP

10p ordinary

SWAP

Increasing Long

4,319

1.9010 GBP

10p ordinary

SWAP

Increasing Long

57,928

1.9012 GBP

10p ordinary

SWAP

Increasing Long

1,422

1.9020 GBP

10p ordinary

SWAP

Increasing Long

28,880

1.9041 GBP

10p ordinary

SWAP

Increasing Long

2,417

1.9061 GBP

10p ordinary

SWAP

Increasing Long

6,809

1.9065 GBP

10p ordinary

SWAP

Increasing Long

5,339

1.9115 GBP

10p ordinary

SWAP

Increasing Long

1,221

1.9182 GBP

10p ordinary

SWAP

Increasing Long

237,168

1.9191 GBP

10p ordinary

SWAP

Decreasing Long

10,500

1.8823 GBP

10p ordinary

SWAP

Decreasing Long

13,020

1.8833 GBP

10p ordinary

SWAP

Decreasing Long

8,900

1.8843 GBP

10p ordinary

SWAP

Decreasing Long

20,247

1.8845 GBP

10p ordinary

SWAP

Decreasing Long

1,100

1.8853 GBP

10p ordinary

SWAP

Decreasing Long

400

1.8863 GBP

10p ordinary

SWAP

Decreasing Long

60,003

1.8867 GBP

10p ordinary

SWAP

Decreasing Long

120,003

1.8868 GBP

10p ordinary

SWAP

Decreasing Long

900

1.8873 GBP

10p ordinary

SWAP

Decreasing Long

2,918

1.8875 GBP

10p ordinary

SWAP

Decreasing Long

35,769

1.8878 GBP

10p ordinary

SWAP

Decreasing Long

100,000

1.8883 GBP

10p ordinary

SWAP

Decreasing Long

671,342

1.8886 GBP

10p ordinary

SWAP

Decreasing Long

400

1.8903 GBP

10p ordinary

SWAP

Decreasing Long

137,030

1.8914 GBP

10p ordinary

SWAP

Decreasing Long

327

1.8920 GBP

10p ordinary

SWAP

Decreasing Long

13,145

1.8921 GBP

10p ordinary

SWAP

Decreasing Long

41,900

1.8923 GBP

10p ordinary

SWAP

Decreasing Long

4,880

1.8933 GBP

10p ordinary

SWAP

Decreasing Long

48,172

1.8937 GBP

10p ordinary

SWAP

Decreasing Long

500,000

1.8957 GBP

10p ordinary

SWAP

Decreasing Long

14,600

1.8963 GBP

10p ordinary

SWAP

Decreasing Long

285

1.8968 GBP

10p ordinary

SWAP

Decreasing Long

576

1.8969 GBP

10p ordinary

SWAP

Decreasing Long

14,200

1.8971 GBP

10p ordinary

SWAP

Decreasing Long

3,008

1.8986 GBP

10p ordinary

SWAP

Decreasing Long

50,522

1.9001 GBP

10p ordinary

SWAP

Decreasing Long

348,799

1.9010 GBP

10p ordinary

SWAP

Decreasing Long

14,885

1.9012 GBP

10p ordinary

SWAP

Decreasing Long

4,600

1.9017 GBP

10p ordinary

SWAP

Decreasing Long

8,800

1.9025 GBP

10p ordinary

SWAP

Decreasing Long

20,728

1.9028 GBP

10p ordinary

SWAP

Decreasing Long

226,709

1.9062 GBP

10p ordinary

SWAP

Decreasing Long

77,033

1.9069 GBP

10p ordinary

SWAP

Decreasing Long

2,505

1.9085 GBP

10p ordinary

SWAP

Decreasing Long

98,447

1.9177 GBP

10p ordinary

SWAP

Decreasing Long

3,900

1.9333 GBP

10p ordinary

SWAP

Decreasing Long

2,000

1.9353 GBP

10p ordinary

SWAP

Decreasing Long

2,000

1.9358 GBP

10p ordinary

CFD

Increasing Long

151,755

1.9008 GBP

10p ordinary

CFD

Increasing Long

52,449

1.9227 GBP

10p ordinary

CFD

Decreasing Long

47,162

1.8847 GBP

10p ordinary

CFD

Decreasing Long

186,924

1.8899 GBP

10p ordinary

CFD

Decreasing Long

5,881

1.9045 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:

13 May 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213