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LondonMetric Property Plc announced on 23 June 2026 that it confirmed to The Panel on Takeovers and Mergers its compliance with post-offer statements of intent. This relates to LondonMetric's completed cash and share offer for Urban Logistics REIT plc, which became effective on 23 June 2025. The original post-offer intentions were detailed in an announcement on 9 May 2025 and a scheme document published on 23 May 2025.
| Date | 23 Jun 2026 |
| Time | 07:00:01 |
| Category | Corporate updates |
| ID | 2231J |
THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE 19.6(C) OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE"), WHICH, INTER ALIA, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF A PERIOD OF 12 MONTHS FROM THE DATE ON WHICH THE OFFER PERIOD ENDED CONFIRMING WHETHER IT HAS TAKEN, OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED INTENTIONS
FOR IMMEDIATE RELEASE
23 June 2026
LONDONMETRIC PROPERTY PLC
Confirmation with respect to stated post-offer intentions with regard to
Urban Logistics REIT plc
LondonMetric Property Plc ("LondonMetric") announces that, further to the completion of its recommended cash and share offer for the entire issued and to be issued ordinary share capital of Urban Logistics REIT plc which was implemented by way of a scheme of arrangement under Part 26 of the Companies Act 2006 and which became effective on 23 June 2025, it has duly confirmed in writing to The Panel on Takeovers and Mergers in accordance with the requirements of Rule 19.6(c) of the Code that LondonMetric has complied with its post-offer statements of intent made pursuant to Rules 2.7(c)(viii) and 24.2 of the Code, as originally detailed in its announcement of 9 May 2025 and the scheme document published on 23 May 2025.
Enquiries:
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LondonMetric Property Plc |
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Andrew Jones, Chief Executive |
+44 (0) 20 7484 9000 |
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Martin McGann, Finance Director |
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Gareth Price, Investor Relations |
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