20260722_SEGRO PLC_8.5 EPT RI_UK_MLI

Bank of America Merrill Lynch

23 July 2026

 

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:	Merrill Lynch International
(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:	PROLOGIS INC
(d) Date dealing undertaken:	22/07/2026
(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 If YES, specify which: (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	3,577,750	9.143162 GBP	8.565499 GBP
10p ordinary	Sale	2,366,801	9.153000 GBP	8.677143 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	Swaps - Equity Swaps	Reducing a short position	13,948	9.015490 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	11,908	9.087924 GBP
10p ordinary	Swaps - Equity Swaps	Increasing a short position	63,804	9.018300 GBP
10p ordinary	Swaps - Equity Swaps	Increasing a short position	99,211	9.018300 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	7,143	8.950000 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	23,065	8.905527 GBP
10p ordinary	Swaps - Equity Swaps	Increasing a long position	11,411	8.952773 GBP
10p ordinary	Swaps - Equity Swaps	Increasing a short position	1,508	8.675864 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	3,320	9.036644 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	830	9.036644 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	16,438	8.950000 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	52,009	8.864441 GBP
10p ordinary	Swaps - Equity Swaps	Increasing a long position	40,713	9.020760 GBP
10p ordinary	Swaps - Equity Swaps	Increasing a long position	15,126	8.980019 GBP
10p ordinary	Swaps - Equity Swaps	Increasing a long position	49,352	9.020760 GBP
10p ordinary	Swaps - Equity Swaps	Increasing a long position	10,457	9.020760 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	1,666	8.683204 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	279	8.950000 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	55,033	8.905527 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	200	8.856208 GBP
10p ordinary	Swaps - Equity Swaps	Increasing a short position	11,908	9.029354 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	3,320	9.087924 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	342	8.950000 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	78	8.950000 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	246,327	8.965235 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	21,902	8.905527 GBP
10p ordinary	Swaps - Equity Swaps	Increasing a long position	12,478	8.980019 GBP
10p ordinary	Swaps - Equity Swaps	Increasing a short position	3,320	8.955569 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	830	9.036644 GBP
10p ordinary	Swaps - Equity Swaps	Opening a Short position	82,600	9.046521 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	1,118	8.856208 GBP
10p ordinary	Swaps - Equity Swaps	Increasing a short position	11,908	8.955569 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	11,908	9.036644 GBP
10p ordinary	Swaps - Equity Swaps	Increasing a short position	16,858	8.950537 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	1,560	8.950000 GBP
10p ordinary	Swaps - Equity Swaps	Increasing a short position	41,400	8.965983 GBP
10p ordinary	Swaps - Equity Swaps	Increasing a short position	165,632	9.031806 GBP
10p ordinary	Swaps - Equity Swaps	Increasing a long position	9,413	8.952773 GBP
10p ordinary	Swaps - Equity Swaps	Increasing a long position	3,205	8.980019 GBP
10p ordinary	Swaps - Equity Swaps	Increasing a long position	2,418	8.952773 GBP
10p ordinary	Swaps - Equity Swaps	Increasing a short position	13,966	8.626311 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	11,908	9.035644 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	2,977	9.036644 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	420	8.950000 GBP
10p ordinary	Swaps - Equity Swaps	Increasing a short position	98,336	8.565499 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	52,009	8.965235 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	2,977	9.036644 GBP
10p ordinary	Swaps - Equity Swaps	Increasing a short position	3,320	9.029354 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	3,320	9.035644 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	63	8.950000 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	47,991	8.864441 GBP
10p ordinary	Swaps - Equity Swaps	Reducing a short position	43,303	8.950000 GBP
10p ordinary	Swaps - Equity Swaps	Opening a Short position	30,000	9.028260 GBP
10p ordinary	Swaps - Equity Swaps	Opening a Short position	60,000	9.028261 GBP
10p ordinary	Swaps - Equity Swaps	Opening a Short position	390,000	9.028261 GBP
10p ordinary	Swaps - Equity Swaps	Opening a Short position	120,000	9.028261 GBP
10p ordinary	Swaps - Equity Swaps	Opening a Short position	60,000	9.028261 GBP
10p ordinary	Swaps - Equity Swaps	Opening a Short position	200,000	9.028261 GBP
10p ordinary	Swaps - Equity Swaps	Opening a long position	4,600	8.949463 GBP
10p ordinary	Swaps - Equity Swaps	Opening a Short position	800,000	9.028261 GBP
10p ordinary	Swaps - Equity Swaps	Opening a Short position	220,000	9.028261 GBP
10p ordinary	Swaps - Equity Swaps	Opening a Short position	80,000	9.028261 GBP
10p ordinary	Swaps - Equity Swaps	Opening a Short position	40,000	9.028261 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
N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

(ii)

Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise Price per unit
N/A	N/A	N/A	N/A	N/A

(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)
N/A	N/A	N/A	N/A

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:	23/07/2026
Contact name:	Kamil Dziedzic
Telephone number:	[phone]

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