Form 8.5 EPT/Non RI URBAN LOGISTICS REIT PLC

Barclays PLC

12 May 2025

 

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				URBAN LOGISTICS REIT 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:				09 May 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?				LONDONMETRIC PROPERTY 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:				1p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			6,688,539	1.44%	5,976,217	1.28%
(2)	Cash-settled derivatives:
	and/or controlled:			5,448,656	1.17%	6,154,279	1.32%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			12,137,195	2.61%	12,130,496	2.61%
(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
1p ordinary		Purchase		2,560,517		1.5260  GBP	1.4680  GBP
1p ordinary		Sale		12,143,859		1.5260  GBP	1.4552  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
1p ordinary		SWAP		Decreasing Short		3,000,000	1.4552  GBP
1p ordinary		SWAP		Decreasing Short		3,000,000	1.4992  GBP
1p ordinary		SWAP		Decreasing Short		6,700	1.5001  GBP
1p ordinary		SWAP		Decreasing Short		24,750	1.5055  GBP
1p ordinary		SWAP		Decreasing Short		30,327	1.5061  GBP
1p ordinary		SWAP		Decreasing Short		673,846	1.5075  GBP
1p ordinary		SWAP		Decreasing Short		12,500	1.5077  GBP
1p ordinary		SWAP		Decreasing Short		1,825,628	1.5080  GBP
1p ordinary		SWAP		Decreasing Short		492,247	1.5082  GBP
1p ordinary		SWAP		Decreasing Short		14,500	1.5085  GBP
1p ordinary		SWAP		Decreasing Short		118,964	1.5090  GBP
1p ordinary		SWAP		Decreasing Short		42,726	1.5092  GBP
1p ordinary		SWAP		Decreasing Short		73,219	1.5095  GBP
1p ordinary		SWAP		Decreasing Short		32,791	1.5099  GBP
1p ordinary		SWAP		Decreasing Short		529,109	1.5101  GBP
1p ordinary		SWAP		Decreasing Short		10,634	1.5109  GBP
1p ordinary		SWAP		Decreasing Short		349,489	1.5113  GBP
1p ordinary		SWAP		Decreasing Short		41,083	1.5115  GBP
1p ordinary		SWAP		Decreasing Short		40,400	1.5118  GBP
1p ordinary		SWAP		Decreasing Short		14,054	1.5125  GBP
1p ordinary		SWAP		Decreasing Short		8,900	1.5135  GBP
1p ordinary		SWAP		Decreasing Short		5,600	1.5140  GBP
1p ordinary		SWAP		Decreasing Short		29,900	1.5155  GBP
1p ordinary		SWAP		Decreasing Short		23,975	1.5164  GBP
1p ordinary		SWAP		Decreasing Short		29,000	1.5165  GBP
1p ordinary		SWAP		Decreasing Short		301,634	1.5171  GBP
1p ordinary		SWAP		Decreasing Short		69,000	1.5175  GBP
1p ordinary		SWAP		Opening Long		42,300	1.5176  GBP
1p ordinary		SWAP		Increasing Long		193,405	1.5177  GBP
1p ordinary		SWAP		Increasing Long		16,831	1.5181  GBP
1p ordinary		SWAP		Increasing Long		356,456	1.5183  GBP
1p ordinary		SWAP		Increasing Long		10,900	1.5185  GBP
1p ordinary		SWAP		Increasing Long		110,900	1.5195  GBP
1p ordinary		SWAP		Increasing Long		3,047	1.5203  GBP
1p ordinary		SWAP		Increasing Long		32,916	1.5210  GBP
1p ordinary		SWAP		Increasing Long		29,500	1.5215  GBP
1p ordinary		SWAP		Increasing Long		4,306	1.5218  GBP
1p ordinary		SWAP		Increasing Long		1,564	1.5221  GBP
1p ordinary		SWAP		Increasing Long		36,500	1.5225  GBP
1p ordinary		SWAP		Increasing Long		59,850	1.5230  GBP
1p ordinary		SWAP		Increasing Long		26,700	1.5235  GBP
1p ordinary		SWAP		Increasing Long		30,700	1.5236  GBP
1p ordinary		SWAP		Increasing Long		2,524	1.5239  GBP
1p ordinary		SWAP		Increasing Long		2,558	1.5240  GBP
1p ordinary		SWAP		Decreasing Long		2,298	1.5097  GBP
1p ordinary		SWAP		Decreasing Long		2,175	1.5099  GBP
1p ordinary		SWAP		Decreasing Long		29,414	1.5100  GBP
1p ordinary		SWAP		Decreasing Long		90,874	1.5115  GBP
1p ordinary		SWAP		Decreasing Long		165	1.5120  GBP
1p ordinary		SWAP		Decreasing Long		94,212	1.5140  GBP
1p ordinary		SWAP		Decreasing Long		522,519	1.5141  GBP
1p ordinary		SWAP		Decreasing Long		1,912	1.5147  GBP
1p ordinary		SWAP		Decreasing Long		4,300	1.5152  GBP
1p ordinary		SWAP		Decreasing Long		9,510	1.5162  GBP
1p ordinary		SWAP		Decreasing Long		2,596	1.5173  GBP
1p ordinary		SWAP		Decreasing Long		9,704	1.5183  GBP
1p ordinary		SWAP		Decreasing Long		1,607	1.5193  GBP
1p ordinary		SWAP		Decreasing Long		1,957	1.5200  GBP
1p ordinary		SWAP		Decreasing Long		13,535	1.5234  GBP
1p ordinary		SWAP		Decreasing Long		2,464	1.5240  GBP
1p ordinary		CFD		Increasing Long		1,834	1.5119  GBP
1p ordinary		CFD		Decreasing Long		366,458	1.5126  GBP
1p ordinary		CFD		Opening Short		855,920	1.5139  GBP
1p ordinary		CFD		Increasing Short		46,895	1.5192  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:				12 May 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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