Form 8.5 (EPT/RI)-LondonMetric Property plc

JPMorgan Securities Plc

14 April 2025

 

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:	11 April 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	2,166,187 2,294,872	1.8280 GBP 1.8267 GBP	1.7809 GBP 1.7770 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	2,216 20,534 16,578 8,462 13,076 1,073 10,512 2,452 24,363 10,006 5,557 68,471 14,036 9,857 689 43,826 17,581 9,770 26,737 11,789 18,773 1,424 8,902 4,537 3 69,043 4,182 352,809 7,739 4,708 47 2,652 703 6,905 5,568 21,499 54,322 30,690 19,715 6,143 195,049 6,863 28,431 6,357 3 527 98,418 1,145 44,267 1,132 79,699	1.7840 GBP 1.7924 GBP 1.7980 GBP 1.7988 GBP 1.8007 GBP 1.8015 GBP 1.8044 GBP 1.8051 GBP 1.8102 GBP 1.8118 GBP 1.8121 GBP 1.8123 GBP 1.8132 GBP 1.8163 GBP 1.8169 GBP 1.8191 GBP 1.8193 GBP 1.8207 GBP 1.8210 GBP 1.8211 GBP 1.8214 GBP 1.8220 GBP 1.8224 GBP 1.8225 GBP 1.8250 GBP 1.8031 GBP 1.8109 GBP 1.8210 GBP 1.7863 GBP 1.7901 GBP 1.7960 GBP 1.7983 GBP 1.7989 GBP 1.8052 GBP 1.8087 GBP 1.8103 GBP 1.8109 GBP 1.8111 GBP 1.8207 GBP 1.8209 GBP 1.8210 GBP 1.8211 GBP 1.8220 GBP 1.8221 GBP 1.8250 GBP 1.8257 GBP 1.7909 GBP 1.8182 GBP 1.8141 GBP 1.8203 GBP 1.8210 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:	14 April 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 [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END