Prologis pushes Segro shareholders to encourage board to enter merger talks

Following constructive engagement with SEGRO's shareholders and the presentation published by SEGRO yesterday, Prologis published a new investor presentation to help shareholders further assess the significant potential benefits of a combination of Prologis and SEGRO. Prologis remains ready to engage constructively with the SEGRO Board and believes that a collaborative dialogue would enable both companies to explore the full potential of a combination and ensure shareholders are able to evaluate all available opportunities. Prologis urges SEGRO shareholders to encourage the SEGRO Board to engage with Prologis to allow a binding offer to be put to SEGRO shareholders for their consideration.