REG - Takeover Panel Tritax EuroBox PLC SEGRO PLC Brookfield Asset Mgt - Tritax Eurobox plc - deadline for clarification

BrookfieldAnnouncement

30/09/2024 14:00

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RNS Number : 2861G  Takeover Panel  30 September 2024

2024/23

TRITAX EUROBOX PLC ("TRITAX EUROBOX")

SEGRO PLC ("SEGRO")

BROOKFIELD ASSET MANAGEMENT ("BROOKFIELD")

On 3 June 2024, Brookfield announced that it was in the early stages of
assessing a possible cash offer for the whole of the issued and to be issued
share capital of Tritax EuroBox.

On 4 September 2024, the boards of SEGRO and Tritax EuroBox announced that
they had reached agreement on the terms of a recommended all-share offer
pursuant to which SEGRO would acquire the whole of the issued and to be issued
share capital of Tritax EuroBox (the "SEGRO Offer"), to be implemented by
means of a scheme of arrangement.

On 26 September 2024, Tritax EuroBox published a scheme circular in relation
to the SEGRO Offer. That circular included notice of the shareholder meetings
to approve the SEGRO Offer (the "Shareholder Meetings"), which have been
convened for 24 October 2024.

Pursuant to Section 4 of Appendix 7 of the Takeover Code, the Panel Executive
has ruled that, unless the Executive consents otherwise, Brookfield must by
5.00pm on 17 October 2024, being the seventh day prior to the date of the
Shareholder Meetings, either announce a firm intention to make an offer for
Tritax EuroBox in accordance with Rule 2.7 of the Code or announce that it
does not intend to make an offer for Tritax EuroBox. This deadline will cease
to apply if, before that time, a party other than Brookfield announces a firm
intention to make an offer for Tritax EuroBox in accordance with Rule 2.7.

Each of Tritax EuroBox, SEGRO and Brookfield has accepted this ruling.

30 September 2024

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