AMENDMENT
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 | LondonMetric Property plc |
| (c) Name of the party to the offer with which exempt principal trader is connected: | Corporate Broker to LondonMetric Property plc |
| (d) Date dealing undertaken: | 13 May 2025 |
| (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 , Urban Logistics REIT plc |
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
Sale | 2,802,073
3,057,250 | 1.9040 GBP
1.9010 GBP | 1.8740 GBP
1.8730 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
Decrease Short
Increase Long
Increase Short
Opening a Long Position
Opening a Short Position
| 6,454 1,204 25,425 22,538 119,197 55,969 3,126 36,237 20,239 140,364 12,252 12,223 2,766 6 12 3,595 256 138,325 115,109 14,000 3,189 1,013 232,224
78 421,317 7,367 56 16,387 190 1,854 2,091 149 419 2,800 5,292 10,698 831 2,051 125 8,919 87 500,000 250,000
412 168,478 2,386 758 1,012 65,077 2,993 24,217 46,856 28,992 512 2,972 498 1 42,090
46,680 486 257,029 43,544 15,371
165,027 1,359 920
2,664 23,016 125,364 16,187 660 15,602 | 1.8740 GBP 1.8770 GBP 1.8798 GBP 1.8800 GBP 1.8801 GBP 1.8805 GBP 1.8813 GBP 1.8826 GBP 1.8830 GBP 1.8832 GBP 1.8836 GBP 1.8837 GBP 1.8863 GBP 1.8870 GBP 1.8890 GBP 1.8918 GBP 1.8920 GBP 1.8926 GBP 1.8938 GBP 1.8940 GBP 1.8949 GBP 1.8963 GBP 1.8982 GBP
1.8783 GBP 1.8793 GBP 1.8797 GBP 1.8798 GBP 1.8800 GBP 1.8803 GBP 1.8804 GBP 1.8830 GBP 1.8832 GBP 1.8835 GBP 1.8840 GBP 1.8841 GBP 1.8848 GBP 1.8849 GBP 1.8861 GBP 1.8863 GBP 1.8877 GBP 1.8878 GBP 1.8926 GBP 1.8967 GBP
1.8738 GBP 1.8753 GBP 1.8763 GBP 1.8776 GBP 1.8798 GBP 1.8808 GBP 1.8816 GBP 1.8823 GBP 1.8832 GBP 1.8880 GBP 1.8930 GBP 1.8931 GBP 1.8939 GBP 1.8960 GBP 1.8977 GBP
1.8773 GBP 1.8802 GBP 1.8854 GBP 1.8873 GBP 1.8914 GBP
1.8800 GBP 1.8990 GBP 1.8999 GBP
1.8837 GBP 1.8852 GBP 1.8853 GBP 1.8858 GBP 1.8873 GBP 1.8901 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) |
|
|
|
|
|
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
|
(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
|
Date of disclosure: | 15 May 2025 |
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.
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