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:

14 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:

8,018,716

0.39%

29,261,643

1.42%

(2)

Cash-settled derivatives:

and/or controlled:

27,497,474

1.34%

5,086,041

0.25%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

35,516,190

1.73%

34,347,684

1.67%

(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

2,325,240

1.8640 GBP

1.8360 GBP

10p ordinary

Sale

3,072,150

1.8642 GBP

1.8360 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

28,850

0.0000 GBP

10p ordinary

SWAP

Increasing Long

36,992

1.8400 GBP

10p ordinary

SWAP

Increasing Long

541

1.8463 GBP

10p ordinary

SWAP

Increasing Long

325,622

1.8480 GBP

10p ordinary

SWAP

Increasing Long

5,993

1.8497 GBP

10p ordinary

SWAP

Increasing Long

29,309

1.8498 GBP

10p ordinary

SWAP

Increasing Long

25,800

1.8513 GBP

10p ordinary

SWAP

Increasing Long

22,986

1.8530 GBP

10p ordinary

SWAP

Increasing Long

48,038

1.8545 GBP

10p ordinary

SWAP

Increasing Long

163,500

1.8547 GBP

10p ordinary

SWAP

Increasing Long

488,818

1.8553 GBP

10p ordinary

SWAP

Increasing Long

69,288

1.8556 GBP

10p ordinary

SWAP

Increasing Long

100,000

1.8561 GBP

10p ordinary

SWAP

Increasing Long

26,400

1.8567 GBP

10p ordinary

SWAP

Decreasing Long

28,850

0.0000 GBP

10p ordinary

SWAP

Decreasing Long

1,340

1.8350 GBP

10p ordinary

SWAP

Decreasing Long

2,121

1.8398 GBP

10p ordinary

SWAP

Decreasing Long

1,315

1.8400 GBP

10p ordinary

SWAP

Decreasing Long

142,733

1.8413 GBP

10p ordinary

SWAP

Decreasing Long

24,350

1.8417 GBP

10p ordinary

SWAP

Decreasing Long

1,536

1.8440 GBP

10p ordinary

SWAP

Decreasing Long

11,842

1.8474 GBP

10p ordinary

SWAP

Decreasing Long

18,025

1.8486 GBP

10p ordinary

SWAP

Decreasing Long

38,341

1.8488 GBP

10p ordinary

SWAP

Decreasing Long

419

1.8500 GBP

10p ordinary

SWAP

Decreasing Long

5,565

1.8508 GBP

10p ordinary

SWAP

Decreasing Long

204,737

1.8519 GBP

10p ordinary

SWAP

Decreasing Long

11,701

1.8531 GBP

10p ordinary

SWAP

Decreasing Long

528

1.8560 GBP

10p ordinary

SWAP

Decreasing Long

3,405

1.8614 GBP

10p ordinary

SWAP

Decreasing Long

769

1.8631 GBP

10p ordinary

CFD

Increasing Long

2,741

1.8434 GBP

10p ordinary

CFD

Increasing Long

8,046

1.8493 GBP

10p ordinary

CFD

Increasing Long

47,843

1.8507 GBP

10p ordinary

CFD

Increasing Long

5,507

1.8580 GBP

10p ordinary

CFD

Increasing Long

20,504

1.8609 GBP

10p ordinary

CFD

Decreasing Long

3,579

1.8479 GBP

10p ordinary

CFD

Decreasing Long

68,713

1.8495 GBP

10p ordinary

CFD

Decreasing Long

55,854

1.8559 GBP

10p ordinary

CFD

Decreasing Long

82,592

1.8579 GBP

10p ordinary

CFD

Decreasing Long

1,182

1.8615 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:

15 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213