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:

19 Jun 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:

20,735,283

1.00%

19,851,523

0.95%

(2)

Cash-settled derivatives:

and/or controlled:

18,771,562

0.90%

19,518,477

0.94%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

39,506,845

1.90%

39,370,000

1.89%

(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

1,352,247

2.0290 GBP

2.0100 GBP

10p ordinary

Sale

1,101,674

2.0290 GBP

2.0100 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

Decreasing Short

5,578

2.0132 GBP

10p ordinary

SWAP

Decreasing Short

1,847

2.0140 GBP

10p ordinary

SWAP

Decreasing Short

109,007

2.0145 GBP

10p ordinary

SWAP

Decreasing Short

395

2.0154 GBP

10p ordinary

SWAP

Decreasing Short

983

2.0168 GBP

10p ordinary

SWAP

Decreasing Short

111,877

2.0176 GBP

10p ordinary

SWAP

Decreasing Short

296,523

2.0177 GBP

10p ordinary

SWAP

Decreasing Short

19,493

2.0178 GBP

10p ordinary

SWAP

Decreasing Short

242,168

2.0180 GBP

10p ordinary

SWAP

Decreasing Short

24,011

2.0216 GBP

10p ordinary

SWAP

Decreasing Short

5,466

2.0220 GBP

10p ordinary

SWAP

Decreasing Short

5,381

2.0221 GBP

10p ordinary

SWAP

Decreasing Short

5,766

2.0240 GBP

10p ordinary

SWAP

Increasing Short

2,797

2.0140 GBP

10p ordinary

SWAP

Increasing Short

110

2.0153 GBP

10p ordinary

SWAP

Increasing Short

1,712

2.0160 GBP

10p ordinary

SWAP

Increasing Short

4,668

2.0166 GBP

10p ordinary

SWAP

Increasing Short

46,001

2.0169 GBP

10p ordinary

SWAP

Increasing Short

146,120

2.0170 GBP

10p ordinary

SWAP

Increasing Short

35,194

2.0173 GBP

10p ordinary

SWAP

Increasing Short

86,422

2.0174 GBP

10p ordinary

SWAP

Increasing Short

349,214

2.0179 GBP

10p ordinary

SWAP

Increasing Short

98,650

2.0180 GBP

10p ordinary

SWAP

Increasing Short

29,795

2.0188 GBP

10p ordinary

SWAP

Increasing Short

198,911

2.0209 GBP

10p ordinary

CFD

Increasing Long

2,799

2.0178 GBP

10p ordinary

CFD

Increasing Long

26,685

2.0197 GBP

10p ordinary

CFD

Increasing Long

23,463

2.0236 GBP

10p ordinary

CFD

Decreasing Long

104,174

2.0156 GBP

10p ordinary

CFD

Decreasing Long

31,218

2.0179 GBP

10p ordinary

CFD

Decreasing Long

2,799

2.0181 GBP

10p ordinary

CFD

Decreasing Long

16,713

2.0220 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:

20 Jun 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213