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:

23 Apr 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?

HIGHCROFT INVESTMENTS PLC

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:

8,285,440

0.40%

28,277,359

1.38%

(2)

Cash-settled derivatives:

and/or controlled:

26,656,455

1.30%

5,352,030

0.26%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

34,941,895

1.70%

33,629,389

1.64%

(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

1,792,109

1.9160 GBP

1.8910 GBP

10p ordinary

Sale

1,937,439

1.9186 GBP

1.8930 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

173,738

1.8945 GBP

10p ordinary

SWAP

Increasing Long

30,653

1.8947 GBP

10p ordinary

SWAP

Increasing Long

140,300

1.8955 GBP

10p ordinary

SWAP

Increasing Long

60,512

1.8972 GBP

10p ordinary

SWAP

Increasing Long

137,853

1.8973 GBP

10p ordinary

SWAP

Increasing Long

179,395

1.8999 GBP

10p ordinary

SWAP

Increasing Long

124

1.9000 GBP

10p ordinary

SWAP

Increasing Long

96,995

1.9001 GBP

10p ordinary

SWAP

Increasing Long

2,753

1.9015 GBP

10p ordinary

SWAP

Increasing Long

91,398

1.9016 GBP

10p ordinary

SWAP

Increasing Long

6,963

1.9017 GBP

10p ordinary

SWAP

Increasing Long

84,246

1.9019 GBP

10p ordinary

SWAP

Increasing Long

6,221

1.9020 GBP

10p ordinary

SWAP

Increasing Long

7,725

1.9021 GBP

10p ordinary

SWAP

Increasing Long

2,546

1.9038 GBP

10p ordinary

SWAP

Increasing Long

14,086

1.9041 GBP

10p ordinary

SWAP

Increasing Long

393

1.9100 GBP

10p ordinary

SWAP

Increasing Long

3,757

1.9104 GBP

10p ordinary

SWAP

Decreasing Long

257

1.8960 GBP

10p ordinary

SWAP

Decreasing Long

80,148

1.8961 GBP

10p ordinary

SWAP

Decreasing Long

402,277

1.9000 GBP

10p ordinary

SWAP

Decreasing Long

18,642

1.9001 GBP

10p ordinary

SWAP

Decreasing Long

9,650

1.9003 GBP

10p ordinary

SWAP

Decreasing Long

99,078

1.9008 GBP

10p ordinary

SWAP

Decreasing Long

5,367

1.9018 GBP

10p ordinary

SWAP

Decreasing Long

129,640

1.9022 GBP

10p ordinary

SWAP

Decreasing Long

17,001

1.9027 GBP

10p ordinary

SWAP

Decreasing Long

29,198

1.9044 GBP

10p ordinary

SWAP

Decreasing Long

611

1.9082 GBP

10p ordinary

SWAP

Decreasing Long

86,529

1.9087 GBP

10p ordinary

SWAP

Decreasing Long

57,025

1.9102 GBP

10p ordinary

SWAP

Decreasing Long

24,307

1.9113 GBP

10p ordinary

SWAP

Decreasing Long

4,014

1.9115 GBP

10p ordinary

SWAP

Decreasing Long

2,226

1.9160 GBP

10p ordinary

CFD

Opening Long

90,659

1.8998 GBP

10p ordinary

CFD

Increasing Long

22,383

1.9039 GBP

10p ordinary

CFD

Increasing Long

27,356

1.9067 GBP

10p ordinary

CFD

Decreasing Long

6,325

1.8955 GBP

10p ordinary

CFD

Decreasing Long

11,998

1.8978 GBP

10p ordinary

CFD

Decreasing Long

3,595

1.9074 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:

24 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213