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:

13 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:

14,586,544

0.71%

20,409,037

0.99%

(2)

Cash-settled derivatives:

and/or controlled:

19,236,281

0.94%

12,434,781

0.61%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

33,822,825

1.65%

32,843,818

1.60%

(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

4,122,750

1.9030 GBP

1.8730 GBP

10p ordinary

Sale

2,113,625

1.9030 GBP

1.8740 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

Opening Long

58,723

1.8855 GBP

10p ordinary

SWAP

Increasing Long

136

1.8782 GBP

10p ordinary

SWAP

Increasing Long

83,945

1.8799 GBP

10p ordinary

SWAP

Increasing Long

53,548

1.8800 GBP

10p ordinary

SWAP

Increasing Long

4,803

1.8804 GBP

10p ordinary

SWAP

Increasing Long

102,468

1.8805 GBP

10p ordinary

SWAP

Increasing Long

5,415

1.8830 GBP

10p ordinary

SWAP

Increasing Long

8,298

1.8832 GBP

10p ordinary

SWAP

Increasing Long

11,388

1.8842 GBP

10p ordinary

SWAP

Increasing Long

24,412

1.8850 GBP

10p ordinary

SWAP

Increasing Long

10,554

1.8852 GBP

10p ordinary

SWAP

Increasing Long

53,187

1.8854 GBP

10p ordinary

SWAP

Increasing Long

5,293

1.8861 GBP

10p ordinary

SWAP

Increasing Long

73

1.8862 GBP

10p ordinary

SWAP

Increasing Long

122,899

1.8866 GBP

10p ordinary

SWAP

Increasing Long

12,879

1.8879 GBP

10p ordinary

SWAP

Increasing Long

21,718

1.8883 GBP

10p ordinary

SWAP

Increasing Long

723,435

1.8886 GBP

10p ordinary

SWAP

Increasing Long

1,377

1.8900 GBP

10p ordinary

SWAP

Increasing Long

983

1.8920 GBP

10p ordinary

SWAP

Increasing Long

1,859

1.8930 GBP

10p ordinary

SWAP

Increasing Long

720

1.8939 GBP

10p ordinary

SWAP

Increasing Long

1,341

1.8940 GBP

10p ordinary

SWAP

Decreasing Long

1,189

1.8750 GBP

10p ordinary

SWAP

Decreasing Long

711

1.8761 GBP

10p ordinary

SWAP

Decreasing Long

648,110

1.8800 GBP

10p ordinary

SWAP

Decreasing Long

7,883

1.8801 GBP

10p ordinary

SWAP

Decreasing Long

45,299

1.8811 GBP

10p ordinary

SWAP

Decreasing Long

6,552

1.8813 GBP

10p ordinary

SWAP

Decreasing Long

65,817

1.8827 GBP

10p ordinary

SWAP

Decreasing Long

39,179

1.8830 GBP

10p ordinary

SWAP

Decreasing Long

300,000

1.8840 GBP

10p ordinary

SWAP

Decreasing Long

4,268

1.8843 GBP

10p ordinary

SWAP

Decreasing Long

11,013

1.8845 GBP

10p ordinary

SWAP

Decreasing Long

419,299

1.8863 GBP

10p ordinary

SWAP

Decreasing Long

43,502

1.8873 GBP

10p ordinary

SWAP

Decreasing Long

208,000

1.8874 GBP

10p ordinary

SWAP

Decreasing Long

54,189

1.8876 GBP

10p ordinary

SWAP

Decreasing Long

616,008

1.8877 GBP

10p ordinary

SWAP

Decreasing Long

100,691

1.8879 GBP

10p ordinary

SWAP

Decreasing Long

77,318

1.8908 GBP

10p ordinary

SWAP

Decreasing Long

24,482

1.8914 GBP

10p ordinary

SWAP

Decreasing Long

898

1.8920 GBP

10p ordinary

SWAP

Decreasing Long

1,865

1.8938 GBP

10p ordinary

CFD

Increasing Long

29,845

1.8800 GBP

10p ordinary

CFD

Increasing Long

113,705

1.8866 GBP

10p ordinary

CFD

Increasing Long

8,501

1.8870 GBP

10p ordinary

CFD

Increasing Long

8,925

1.8880 GBP

10p ordinary

CFD

Increasing Long

72,746

1.8883 GBP

10p ordinary

CFD

Increasing Long

49,979

1.8948 GBP

10p ordinary

CFD

Decreasing Long

40,214

1.8729 GBP

10p ordinary

CFD

Opening Short

747,674

1.8800 GBP

10p ordinary

CFD

Increasing Short

4,311

1.8865 GBP

10p ordinary

CFD

Increasing Short

191,296

1.8894 GBP

10p ordinary

CFD

Increasing Short

997

1.8941 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:

14 May 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213