Prologis submitted an indicative all-stock proposal to acquire the entire issued and to be issued share capital of SEGRO plc on June 16, 2026. The Board of SEGRO unequivocally rejected the proposal on June 23, 2026. Prologis is publicly urging SEGRO shareholders to pressure their Board to engage in discussions to allow a binding offer to be presented. Under Rule 2.6(a) of the UK City Code on Takeovers and Mergers, Prologis has until July 22, 2026, to either announce a firm intention to make an offer or walk away.