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:

29 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:

16,393,917

0.80%

23,757,665

1.16%

(2)

Cash-settled derivatives:

and/or controlled:

22,224,545

1.08%

14,614,736

0.71%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

38,618,462

1.88%

38,372,401

1.87%

(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

1,465,577

1.9949 GBP

1.9648 GBP

10p ordinary

Sale

983,627

2.0005 GBP

1.9639 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

48

1.9639 GBP

10p ordinary

SWAP

Increasing Long

4,751

1.9650 GBP

10p ordinary

SWAP

Increasing Long

97,600

1.9674 GBP

10p ordinary

SWAP

Increasing Long

7,810

1.9709 GBP

10p ordinary

SWAP

Increasing Long

1,123

1.9720 GBP

10p ordinary

SWAP

Increasing Long

2,489

1.9769 GBP

10p ordinary

SWAP

Increasing Long

18,914

1.9785 GBP

10p ordinary

SWAP

Increasing Long

18,785

1.9808 GBP

10p ordinary

SWAP

Increasing Long

91,118

1.9819 GBP

10p ordinary

SWAP

Increasing Long

44,358

1.9824 GBP

10p ordinary

SWAP

Increasing Long

223

1.9828 GBP

10p ordinary

SWAP

Increasing Long

213

1.9849 GBP

10p ordinary

SWAP

Increasing Long

1

1.9850 GBP

10p ordinary

SWAP

Increasing Long

5,839

1.9862 GBP

10p ordinary

SWAP

Increasing Long

111,418

1.9911 GBP

10p ordinary

SWAP

Increasing Long

48,655

1.9937 GBP

10p ordinary

SWAP

Increasing Long

41

1.9939 GBP

10p ordinary

SWAP

Increasing Long

308,416

1.9950 GBP

10p ordinary

SWAP

Increasing Long

14,280

1.9956 GBP

10p ordinary

SWAP

Decreasing Long

1,576

1.9646 GBP

10p ordinary

SWAP

Decreasing Long

10,785

1.9651 GBP

10p ordinary

SWAP

Decreasing Long

2,621

1.9716 GBP

10p ordinary

SWAP

Decreasing Long

3,864

1.9772 GBP

10p ordinary

SWAP

Decreasing Long

494,339

1.9778 GBP

10p ordinary

SWAP

Decreasing Long

478

1.9820 GBP

10p ordinary

SWAP

Decreasing Long

58,716

1.9821 GBP

10p ordinary

SWAP

Decreasing Long

67,925

1.9828 GBP

10p ordinary

SWAP

Decreasing Long

26,953

1.9830 GBP

10p ordinary

SWAP

Decreasing Long

10,523

1.9844 GBP

10p ordinary

SWAP

Decreasing Long

15,901

1.9887 GBP

10p ordinary

SWAP

Decreasing Long

9,567

1.9889 GBP

10p ordinary

SWAP

Decreasing Long

26,438

1.9900 GBP

10p ordinary

SWAP

Decreasing Long

4,479

1.9918 GBP

10p ordinary

SWAP

Decreasing Long

66,769

1.9924 GBP

10p ordinary

SWAP

Decreasing Long

27,691

1.9942 GBP

10p ordinary

SWAP

Decreasing Long

357,088

1.9949 GBP

10p ordinary

SWAP

Decreasing Long

123,906

1.9950 GBP

10p ordinary

CFD

Increasing Long

73,621

1.9664 GBP

10p ordinary

CFD

Increasing Long

9,171

1.9835 GBP

10p ordinary

CFD

Increasing Long

86,138

1.9860 GBP

10p ordinary

CFD

Increasing Long

3,012

1.9872 GBP

10p ordinary

CFD

Increasing Long

19,015

1.9936 GBP

10p ordinary

CFD

Increasing Long

2,488

1.9950 GBP

10p ordinary

CFD

Decreasing Long

92,115

1.9843 GBP

10p ordinary

CFD

Decreasing Long

28,182

1.9950 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:

30 May 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213