SEGRO Issues New Ordinary Shares and Details Disclosure Requirements

On 20 September 2024, SEGRO plc announced the issuance of 485,988 ordinary shares of 10p each as scrip dividends and 242 ordinary shares through the exercise of options under SEGRO's Sharesave plan. This brings the total ordinary shares in issue to 1,352,856,990. The ISIN for these shares is GB00B5ZN1N88.

According to Rule 8.3(a) of the City Code on Takeovers and Mergers, any person with an interest of 1% or more in relevant securities must disclose their opening position and any transactions. This must be done within 10 business days following the offer period or the identification of any securities exchange offeror.

Under Rule 8.3(b), these disclosures must be made the business day after any relevant dealings. Coordinated actions by individuals to acquire or control interests are treated as a single entity under Rule 8.3. Further details can be obtained from the Takeover Panel's website or its Market Surveillance Unit.