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:

30 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?

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:

8,630,628

0.42%

28,708,732

1.40%

(2)

Cash-settled derivatives:

and/or controlled:

27,518,814

1.34%

6,367,562

0.31%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

36,149,442

1.76%

35,076,294

1.71%

(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

3,908,330

1.9230 GBP

1.9060 GBP

10p ordinary

Sale

3,792,403

1.9233 GBP

1.9052 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

6,519

1.9052 GBP

10p ordinary

SWAP

Increasing Long

8,527

1.9130 GBP

10p ordinary

SWAP

Increasing Long

2,666

1.9137 GBP

10p ordinary

SWAP

Increasing Long

125

1.9152 GBP

10p ordinary

SWAP

Increasing Long

637

1.9159 GBP

10p ordinary

SWAP

Increasing Long

2,009

1.9169 GBP

10p ordinary

SWAP

Increasing Long

2,807

1.9173 GBP

10p ordinary

SWAP

Increasing Long

280,650

1.9185 GBP

10p ordinary

SWAP

Increasing Long

280,650

1.9199 GBP

10p ordinary

SWAP

Increasing Long

21,252

1.9211 GBP

10p ordinary

SWAP

Increasing Long

71,791

1.9216 GBP

10p ordinary

SWAP

Increasing Long

123,516

1.9229 GBP

10p ordinary

SWAP

Increasing Long

593,724

1.9230 GBP

10p ordinary

SWAP

Decreasing Long

7,309

1.9116 GBP

10p ordinary

SWAP

Decreasing Long

297

1.9120 GBP

10p ordinary

SWAP

Decreasing Long

26,998

1.9135 GBP

10p ordinary

SWAP

Decreasing Long

60,133

1.9139 GBP

10p ordinary

SWAP

Decreasing Long

67,648

1.9144 GBP

10p ordinary

SWAP

Decreasing Long

160,563

1.9150 GBP

10p ordinary

SWAP

Decreasing Long

1,204

1.9151 GBP

10p ordinary

SWAP

Decreasing Long

94,296

1.9152 GBP

10p ordinary

SWAP

Decreasing Long

8,213

1.9153 GBP

10p ordinary

SWAP

Decreasing Long

1,600

1.9158 GBP

10p ordinary

SWAP

Decreasing Long

45,500

1.9159 GBP

10p ordinary

SWAP

Decreasing Long

56,609

1.9171 GBP

10p ordinary

SWAP

Decreasing Long

781

1.9174 GBP

10p ordinary

SWAP

Decreasing Long

2,163

1.9175 GBP

10p ordinary

SWAP

Decreasing Long

10,333

1.9187 GBP

10p ordinary

SWAP

Decreasing Long

34,298

1.9195 GBP

10p ordinary

SWAP

Decreasing Long

7,167

1.9204 GBP

10p ordinary

SWAP

Decreasing Long

585,615

1.9207 GBP

10p ordinary

SWAP

Decreasing Long

185,000

1.9209 GBP

10p ordinary

SWAP

Decreasing Long

642

1.9210 GBP

10p ordinary

SWAP

Decreasing Long

13,787

1.9225 GBP

10p ordinary

SWAP

Decreasing Long

6,800

1.9227 GBP

10p ordinary

SWAP

Decreasing Long

35,808

1.9230 GBP

10p ordinary

CFD

Increasing Long

18,647

1.9097 GBP

10p ordinary

CFD

Increasing Long

37,928

1.9228 GBP

10p ordinary

CFD

Decreasing Long

95,694

1.9125 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:

01 May 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213