SEGRO plc (LSE:SGRO) rebuffed Prologis’s approach to remain focused on independent growth while leaving the door open to a stronger offer, even as institutional investors Artemis, Royal London and L&G disclosed stakes above 1%—with Artemis and L&G denying stock-settled derivatives.

Previous Week Recap

  • Segro Board Rejects Prologis: SEGRO plc board rejected Prologis’s proposal, remains focused on standalone growth, open to talks if a stronger offer emerges; no new terms were presented at the latest meeting.
  • Artemis, L&G Stakes Above 1%: On 23 July 2026, Artemis, Royal London and L&G each disclosed stakes above 1% in SEGRO plc (SGRO). Artemis and L&G reported no stock-settled derivatives or subscription rights.

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