15th Jul 2026 11:29
FORM 8.5 (EPT/RI)
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Name of exempt principal trader: | J.P. Morgan Securities Plc |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | SEGRO plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Financial adviser to Prologis, Inc |
(d) Date dealing undertaken: | 14 July 2026 |
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A" | Yes, Prologis, Inc. |
2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
Class of relevant security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
10p ordinary | Purchase | 2,044,004 | 8.6360 GBP | 8.4747 GBP |
| Sale | 1,006,340 | 8.6460 GBP | 8.4751 GBP |
(b) Cash-settled derivative transactions
Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit |
10p ordinary | Equity Swap | Decrease Long | 858,777 | 8.5200 GBP |
14,307 | 8.5388 GBP | |||
27,471 | 8.5518 GBP | |||
600 | 8.5827 GBP | |||
76,812 | 8.5908 GBP | |||
1,887 | 8.5988 GBP | |||
3,066 | 8.6061 GBP | |||
16,826 | 8.6063 GBP | |||
442 | 8.6064 GBP | |||
21,496 | 8.6069 GBP | |||
5,920 | 8.6091 GBP | |||
3,082 | 8.6095 GBP | |||
1,232 | 8.6250 GBP | |||
Decrease Short | 2,213 | 8.4978 GBP | ||
2,324 | 8.4987 GBP | |||
2,588 | 8.5245 GBP | |||
16,812 | 8.5699 GBP | |||
1,520 | 8.5722 GBP | |||
26 | 8.5808 GBP | |||
13,712 | 8.6060 GBP | |||
1,915 | 8.6308 GBP | |||
Increase Long | 945 | 8.5251 GBP | ||
709 | 8.6055 GBP | |||
2,671 | 8.6056 GBP | |||
8,188 | 8.6078 GBP | |||
509 | 8.6089 GBP | |||
Increase Short | 20,262 | 8.5157 GBP | ||
2,310 | 8.5409 GBP | |||
1,267 | 8.5612 GBP | |||
4,834 | 8.5833 GBP | |||
3,157 | 8.5883 GBP | |||
6,326 | 8.5896 GBP | |||
5,721 | 8.5991 GBP | |||
8,209 | 8.6027 GBP | |||
94 | 8.6061 GBP | |||
782 | 8.6069 GBP | |||
6,414 | 8.6082 GBP | |||
7,515 | 8.6097 GBP | |||
Opening a long position | 19,207 | 8.5582 GBP | ||
834 | 8.6022 GBP | |||
278 | 8.6080 GBP | |||
8,893 | 8.6333 GBP | |||
Opening a short position | 1,997 | 8.5034 GBP | ||
12 | 8.5823 GBP | |||
7,220 | 8.6014 GBP | |||
18,310 | 8.6060 GBP |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security | Product description e.g. call option | Writing, purchasing, selling, varying etc. | Number of securities to which option relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
(d) Other dealings (including subscribing for new securities)
Class of relevant security | Nature of dealing e.g. subscription, conversion | Details | Price per unit (if applicable) |
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3. OTHER INFORMATION
(a) Indemnity and other dealing 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: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" |
None
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(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 or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none" |
None
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| Date of disclosure: | 15 July 2026 |
| Contact name: | Hetvi Shah |
| Telephone number: | 44 2034 936359 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
Related Shares:
Segro