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:

15 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:

8,298,537

0.40%

29,247,955

1.42%

(2)

Cash-settled derivatives:

and/or controlled:

27,520,372

1.34%

5,354,056

0.26%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

35,818,909

1.74%

34,602,011

1.68%

(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

3,424,960

1.8840 GBP

1.8560 GBP

10p ordinary

Sale

3,131,451

1.8840 GBP

1.8550 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

664

1.8589 GBP

10p ordinary

SWAP

Increasing Long

46,242

1.8601 GBP

10p ordinary

SWAP

Increasing Long

6,936

1.8604 GBP

10p ordinary

SWAP

Increasing Long

9,192

1.8609 GBP

10p ordinary

SWAP

Increasing Long

34,595

1.8626 GBP

10p ordinary

SWAP

Increasing Long

1,122,400

1.8631 GBP

10p ordinary

SWAP

Increasing Long

13,621

1.8654 GBP

10p ordinary

SWAP

Increasing Long

30,227

1.8658 GBP

10p ordinary

SWAP

Increasing Long

33,453

1.8659 GBP

10p ordinary

SWAP

Increasing Long

5,323

1.8661 GBP

10p ordinary

SWAP

Increasing Long

10,249

1.8695 GBP

10p ordinary

SWAP

Increasing Long

23,121

1.8718 GBP

10p ordinary

SWAP

Increasing Long

1,782

1.8737 GBP

10p ordinary

SWAP

Increasing Long

7,022

1.8751 GBP

10p ordinary

SWAP

Increasing Long

646

1.8775 GBP

10p ordinary

SWAP

Increasing Long

47,464

1.8831 GBP

10p ordinary

SWAP

Increasing Long

29,406

1.8840 GBP

10p ordinary

SWAP

Decreasing Long

138,740

1.8627 GBP

10p ordinary

SWAP

Decreasing Long

20,200

1.8635 GBP

10p ordinary

SWAP

Decreasing Long

530,587

1.8636 GBP

10p ordinary

SWAP

Decreasing Long

52,321

1.8647 GBP

10p ordinary

SWAP

Decreasing Long

135,010

1.8650 GBP

10p ordinary

SWAP

Decreasing Long

52,876

1.8668 GBP

10p ordinary

SWAP

Decreasing Long

158,927

1.8692 GBP

10p ordinary

SWAP

Decreasing Long

9,574

1.8705 GBP

10p ordinary

SWAP

Decreasing Long

33,337

1.8707 GBP

10p ordinary

SWAP

Decreasing Long

117,382

1.8725 GBP

10p ordinary

SWAP

Decreasing Long

59,993

1.8737 GBP

10p ordinary

SWAP

Decreasing Long

8,376

1.8741 GBP

10p ordinary

SWAP

Decreasing Long

8,132

1.8745 GBP

10p ordinary

SWAP

Decreasing Long

18,152

1.8766 GBP

10p ordinary

SWAP

Decreasing Long

123,845

1.8838 GBP

10p ordinary

SWAP

Decreasing Long

71,637

1.8840 GBP

10p ordinary

CFD

Decreasing Long

764

1.8620 GBP

10p ordinary

CFD

Decreasing Long

16,742

1.8661 GBP

10p ordinary

CFD

Opening Short

104,721

1.8675 GBP

10p ordinary

CFD

Increasing Short

6,144

1.8707 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:

16 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213