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: | 4 June 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 | 1,016,308
1,491,094 | 2.0050 GBP
2.0001 GBP | 1.9910 GBP
1.9882 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
| 1 22,082 66,199 5 236 776 14,642 3 156,297 4,046 5 2,413 11,995 17,472 23,460 159
2,155 10,096 8,233 47,600 40,584
2,261 19,925 48,549 5 191 38,045 3 3,616 463 65,119 1,485 188,741 384,693 63,561 2,835 2,881 63,711
39,285 34,669 17,841 20,682 665 15,508 28,059 44,720
39,125 2,096
2,731 32,187 6,303 | 1.9920 GBP 1.9922 GBP 1.9934 GBP 1.9940 GBP 1.9947 GBP 1.9950 GBP 1.9959 GBP 1.9960 GBP 1.9966 GBP 1.9971 GBP 1.9992 GBP 1.9994 GBP 1.9995 GBP 1.9996 GBP 2.0000 GBP 2.0002 GBP
1.9951 GBP 1.9956 GBP 1.9986 GBP 1.9998 GBP 1.9999 GBP
1.9882 GBP 1.9904 GBP 1.9932 GBP 1.9940 GBP 1.9949 GBP 1.9955 GBP 1.9960 GBP 1.9963 GBP 1.9966 GBP 1.9972 GBP 1.9974 GBP 1.9983 GBP 1.9985 GBP 1.9991 GBP 1.9993 GBP 1.9997 GBP 2.0000 GBP
1.9959 GBP 1.9963 GBP 1.9972 GBP 1.9974 GBP 1.9980 GBP 1.9992 GBP 2.0000 GBP 2.0001 GBP
1.9961 GBP 1.9966 GBP
1.9951 GBP 1.9956 GBP 2.0000 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: | 5 June 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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