Form 8.3 BRITISH LAND COMPANY PLC, THE

Barclays PLC

13 February 2026

 

FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR
MORE
Rule 8.3 of the Takeover Code (the "Code")
1.				KEY INFORMATION
(a)	Full name of discloser:				Barclays PLC.
(b)	Owner or controller of interest and short
	positions disclosed, if different from 1(a):
(c)	Name of offeror/offeree in relation to whose				BRITISH LAND COMPANY PLC, THE
	relevant securities this form relates:
(d)	If an exempt fund manager connected with an
	offeror/offeree, state this and specify identity of
	offeror/offeree:
(e)	Date position held/dealing undertaken:				12 Feb 2026
(f)	In addition to the company in 1(c) above, is the discloser making				YES:
	disclosures in respect of any other party to the offer?				LIFE SCIENCE REIT PLC
2.				POSITIONS OF THE PERSON MAKING THE DISCLOSURE
(a)	Interests and short positions in the relevant securities of the offeror or offeree
	to which the disclosure relates following the dealing(if any)
Class of relevant security:				25p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			8,270,336	0.83%	6,289,045	0.63%
(2)	Cash-settled derivatives:
				5,947,425	0.59%	3,224,380	0.32%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			14,217,761	1.42%	9,513,425	0.95%
(b)	Rights to subscribe for new securities (including directors and other executive
	options)
Class of relevant security in relation to
which subscription right exists
Details, including nature of the rights
concerned and relevant percentages:
3.				DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
(a)	Purchases and sales
Class of relevant		Purchase/sale		Number of		Price per unit
security				securities
25p ordinary		Purchase		867,353		4.0605  GBP
25p ordinary		Purchase		202,751		4.0711  GBP
25p ordinary		Purchase		200,000		4.0592  GBP
25p ordinary		Purchase		179,466		4.0538  GBP
25p ordinary		Purchase		156,425		4.0560  GBP
25p ordinary		Purchase		150,957		4.0600  GBP
25p ordinary		Purchase		131,349		4.0627  GBP
25p ordinary		Purchase		106,239		4.0602  GBP
25p ordinary		Purchase		98,152		4.0611  GBP
25p ordinary		Purchase		94,746		4.0653  GBP
25p ordinary		Purchase		91,007		4.0640  GBP
25p ordinary		Purchase		63,442		4.0702  GBP
25p ordinary		Purchase		51,450		4.0714  GBP
25p ordinary		Purchase		47,796		4.0476  GBP
25p ordinary		Purchase		46,675		4.0525  GBP
25p ordinary		Purchase		42,974		4.0609  GBP
25p ordinary		Purchase		40,360		4.0679  GBP
25p ordinary		Purchase		39,236		4.0666  GBP
25p ordinary		Purchase		36,811		4.0551  GBP
25p ordinary		Purchase		34,014		4.0584  GBP
25p ordinary		Purchase		30,290		4.0601  GBP
25p ordinary		Purchase		28,572		4.0559  GBP
25p ordinary		Purchase		27,819		4.0615  GBP
25p ordinary		Purchase		26,470		4.0685  GBP
25p ordinary		Purchase		24,378		4.0706  GBP
25p ordinary		Purchase		20,376		4.0279  GBP
25p ordinary		Purchase		19,408		4.0662  GBP
25p ordinary		Purchase		17,350		4.0701  GBP
25p ordinary		Purchase		14,435		4.0680  GBP
25p ordinary		Purchase		12,923		4.0700  GBP
25p ordinary		Purchase		12,902		4.0744  GBP
25p ordinary		Purchase		12,115		4.0400  GBP
25p ordinary		Purchase		11,911		4.0438  GBP
25p ordinary		Purchase		11,779		4.0512  GBP
25p ordinary		Purchase		10,246		4.0736  GBP
25p ordinary		Purchase		10,073		4.0748  GBP
25p ordinary		Purchase		9,761		4.0971  GBP
25p ordinary		Purchase		9,559		4.0727  GBP
25p ordinary		Purchase		9,492		4.0523  GBP
25p ordinary		Purchase		9,162		4.0579  GBP
25p ordinary		Purchase		7,920		4.0690  GBP
25p ordinary		Purchase		7,567		4.0572  GBP
25p ordinary		Purchase		7,444		4.0757  GBP
25p ordinary		Purchase		6,267		4.0350  GBP
25p ordinary		Purchase		5,875		4.0643  GBP
25p ordinary		Purchase		5,452		4.0498  GBP
25p ordinary		Purchase		5,037		4.0660  GBP
25p ordinary		Purchase		4,829		4.0693  GBP
25p ordinary		Purchase		4,576		4.0617  GBP
25p ordinary		Purchase		4,172		4.0979  GBP
25p ordinary		Purchase		3,786		4.0892  GBP
25p ordinary		Purchase		3,781		4.0542  GBP
25p ordinary		Purchase		3,726		4.0658  GBP
25p ordinary		Purchase		3,464		4.1220  GBP
25p ordinary		Purchase		2,955		4.0678  GBP
25p ordinary		Purchase		2,805		4.0720  GBP
25p ordinary		Purchase		2,666		4.0580  GBP
25p ordinary		Purchase		2,507		4.1488  GBP
25p ordinary		Purchase		2,262		4.0683  GBP
25p ordinary		Purchase		2,066		4.0365  GBP
25p ordinary		Purchase		2,008		4.0585  GBP
25p ordinary		Purchase		2,008		4.1170  GBP
25p ordinary		Purchase		1,948		4.0682  GBP
25p ordinary		Purchase		1,756		4.0880  GBP
25p ordinary		Purchase		1,734		4.0632  GBP
25p ordinary		Purchase		1,730		4.0809  GBP
25p ordinary		Purchase		1,636		4.0687  GBP
25p ordinary		Purchase		1,569		4.0520  GBP
25p ordinary		Purchase		1,495		4.0840  GBP
25p ordinary		Purchase		1,485		4.1008  GBP
25p ordinary		Purchase		1,371		4.0540  GBP
25p ordinary		Purchase		1,174		4.0760  GBP
25p ordinary		Purchase		1,114		4.0740  GBP
25p ordinary		Purchase		1,019		4.0984  GBP
25p ordinary		Purchase		983		4.0675  GBP
25p ordinary		Purchase		974		4.0530  GBP
25p ordinary		Purchase		937		4.0620  GBP
25p ordinary		Purchase		824		4.0800  GBP
25p ordinary		Purchase		750		3.9850  GBP
25p ordinary		Purchase		660		4.0820  GBP
25p ordinary		Purchase		363		4.0780  GBP
25p ordinary		Purchase		212		4.0860  GBP
25p ordinary		Purchase		175		4.0500  GBP
25p ordinary		Purchase		24		4.0404  GBP
25p ordinary		Purchase		11		4.0763  GBP
25p ordinary		Sale		553,529		4.0626  GBP
25p ordinary		Sale		432,239		4.0605  GBP
25p ordinary		Sale		410,546		4.0600  GBP
25p ordinary		Sale		166,675		4.0361  GBP
25p ordinary		Sale		124,607		4.0636  GBP
25p ordinary		Sale		117,610		4.0127  GBP
25p ordinary		Sale		117,392		4.0474  GBP
25p ordinary		Sale		106,430		4.0516  GBP
25p ordinary		Sale		91,010		4.0733  GBP
25p ordinary		Sale		74,583		4.0598  GBP
25p ordinary		Sale		63,300		4.0548  GBP
25p ordinary		Sale		61,841		4.0369  GBP
25p ordinary		Sale		60,530		4.0500  GBP
25p ordinary		Sale		59,719		4.0615  GBP
25p ordinary		Sale		54,733		4.0377  GBP
25p ordinary		Sale		51,129		4.0687  GBP
25p ordinary		Sale		46,282		4.0591  GBP
25p ordinary		Sale		45,241		4.0651  GBP
25p ordinary		Sale		39,546		4.0658  GBP
25p ordinary		Sale		38,630		4.0540  GBP
25p ordinary		Sale		37,914		4.0711  GBP
25p ordinary		Sale		29,466		4.0638  GBP
25p ordinary		Sale		28,660		4.0503  GBP
25p ordinary		Sale		21,609		4.0597  GBP
25p ordinary		Sale		20,600		4.0578  GBP
25p ordinary		Sale		20,036		4.0583  GBP
25p ordinary		Sale		19,861		4.0575  GBP
25p ordinary		Sale		18,210		4.0236  GBP
25p ordinary		Sale		16,972		4.0542  GBP
25p ordinary		Sale		16,128		4.0692  GBP
25p ordinary		Sale		15,134		4.0572  GBP
25p ordinary		Sale		14,091		4.0634  GBP
25p ordinary		Sale		13,528		4.0741  GBP
25p ordinary		Sale		13,232		4.0585  GBP
25p ordinary		Sale		13,094		4.0601  GBP
25p ordinary		Sale		10,904		4.0498  GBP
25p ordinary		Sale		10,734		4.0653  GBP
25p ordinary		Sale		9,632		4.0531  GBP
25p ordinary		Sale		9,031		4.0519  GBP
25p ordinary		Sale		8,876		4.0643  GBP
25p ordinary		Sale		8,699		4.1041  GBP
25p ordinary		Sale		8,675		4.0701  GBP
25p ordinary		Sale		7,992		4.0538  GBP
25p ordinary		Sale		7,669		4.0564  GBP
25p ordinary		Sale		7,567		4.0560  GBP
25p ordinary		Sale		7,485		4.0631  GBP
25p ordinary		Sale		7,172		4.0710  GBP
25p ordinary		Sale		6,890		4.0438  GBP
25p ordinary		Sale		6,771		4.0592  GBP
25p ordinary		Sale		6,574		4.0544  GBP
25p ordinary		Sale		6,507		4.0573  GBP
25p ordinary		Sale		5,431		4.0491  GBP
25p ordinary		Sale		5,161		4.0568  GBP
25p ordinary		Sale		5,000		4.0160  GBP
25p ordinary		Sale		4,738		4.0690  GBP
25p ordinary		Sale		4,481		4.0535  GBP
25p ordinary		Sale		4,272		4.0494  GBP
25p ordinary		Sale		4,255		4.0652  GBP
25p ordinary		Sale		4,125		4.0700  GBP
25p ordinary		Sale		3,657		4.0660  GBP
25p ordinary		Sale		3,066		4.0680  GBP
25p ordinary		Sale		3,050		4.0812  GBP
25p ordinary		Sale		2,860		4.0778  GBP
25p ordinary		Sale		2,858		4.0460  GBP
25p ordinary		Sale		2,805		4.0720  GBP
25p ordinary		Sale		2,666		4.0580  GBP
25p ordinary		Sale		2,602		4.0718  GBP
25p ordinary		Sale		2,366		4.0363  GBP
25p ordinary		Sale		2,331		4.0457  GBP
25p ordinary		Sale		2,287		4.0344  GBP
25p ordinary		Sale		1,890		4.0704  GBP
25p ordinary		Sale		1,730		4.0809  GBP
25p ordinary		Sale		1,710		4.0392  GBP
25p ordinary		Sale		1,528		4.0400  GBP
25p ordinary		Sale		1,495		4.0840  GBP
25p ordinary		Sale		1,200		4.0794  GBP
25p ordinary		Sale		1,174		4.0760  GBP
25p ordinary		Sale		1,138		4.0620  GBP
25p ordinary		Sale		1,114		4.0740  GBP
25p ordinary		Sale		1,105		4.0473  GBP
25p ordinary		Sale		824		4.0800  GBP
25p ordinary		Sale		802		4.0360  GBP
25p ordinary		Sale		680		4.0790  GBP
25p ordinary		Sale		660		4.0820  GBP
25p ordinary		Sale		551		4.0721  GBP
25p ordinary		Sale		548		4.0520  GBP
25p ordinary		Sale		533		4.0640  GBP
25p ordinary		Sale		500		4.0340  GBP
25p ordinary		Sale		486		4.0539  GBP
25p ordinary		Sale		416		4.0880  GBP
25p ordinary		Sale		363		4.0780  GBP
25p ordinary		Sale		212		4.0860  GBP
25p ordinary		Sale		145		4.1664  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
25p ordinary		SWAP		Increasing Long		47,640	4.0179  GBP
25p ordinary		SWAP		Increasing Long		746	4.0303  GBP
25p ordinary		SWAP		Increasing Long		166,675	4.0361  GBP
25p ordinary		SWAP		Increasing Long		2,366	4.0363  GBP
25p ordinary		SWAP		Increasing Long		6,890	4.0438  GBP
25p ordinary		SWAP		Increasing Long		28,660	4.0503  GBP
25p ordinary		SWAP		Increasing Long		106,430	4.0516  GBP
25p ordinary		SWAP		Increasing Long		17,793	4.0519  GBP
25p ordinary		SWAP		Increasing Long		37,259	4.0540  GBP
25p ordinary		SWAP		Increasing Long		47,201	4.0544  GBP
25p ordinary		SWAP		Increasing Long		6,507	4.0573  GBP
25p ordinary		SWAP		Increasing Long		6,771	4.0591  GBP
25p ordinary		SWAP		Increasing Long		21,609	4.0597  GBP
25p ordinary		SWAP		Increasing Long		239,065	4.0600  GBP
25p ordinary		SWAP		Increasing Long		1,320	4.0603  GBP
25p ordinary		SWAP		Increasing Long		8,218	4.0627  GBP
25p ordinary		SWAP		Increasing Long		2,615	4.0631  GBP
25p ordinary		SWAP		Increasing Long		29,466	4.0638  GBP
25p ordinary		SWAP		Increasing Long		22,575	4.0708  GBP
25p ordinary		SWAP		Increasing Long		112	4.0735  GBP
25p ordinary		SWAP		Increasing Long		146	4.1660  GBP
25p ordinary		SWAP		Decreasing Long		105	4.0020  GBP
25p ordinary		SWAP		Decreasing Long		202	4.0306  GBP
25p ordinary		SWAP		Decreasing Long		24	4.0403  GBP
25p ordinary		SWAP		Decreasing Long		2,800	4.0549  GBP
25p ordinary		SWAP		Decreasing Long		105	4.0556  GBP
25p ordinary		SWAP		Decreasing Long		155,475	4.0560  GBP
25p ordinary		SWAP		Decreasing Long		11,536	4.0578  GBP
25p ordinary		SWAP		Decreasing Long		66,884	4.0583  GBP
25p ordinary		SWAP		Decreasing Long		15,319	4.0600  GBP
25p ordinary		SWAP		Decreasing Long		23,743	4.0601  GBP
25p ordinary		SWAP		Decreasing Long		106,239	4.0602  GBP
25p ordinary		SWAP		Decreasing Long		7,514	4.0603  GBP
25p ordinary		SWAP		Decreasing Long		19,361	4.0606  GBP
25p ordinary		SWAP		Decreasing Long		4,576	4.0617  GBP
25p ordinary		SWAP		Decreasing Long		24,997	4.0634  GBP
25p ordinary		SWAP		Decreasing Long		5,875	4.0643  GBP
25p ordinary		SWAP		Decreasing Long		682	4.0651  GBP
25p ordinary		SWAP		Decreasing Long		1,380	4.0660  GBP
25p ordinary		SWAP		Decreasing Long		39,236	4.0666  GBP
25p ordinary		SWAP		Decreasing Long		1,551	4.0690  GBP
25p ordinary		SWAP		Decreasing Long		202,751	4.0711  GBP
25p ordinary		SWAP		Decreasing Long		83,561	4.0726  GBP
25p ordinary		SWAP		Decreasing Long		932	4.0730  GBP
25p ordinary		SWAP		Decreasing Long		11,830	4.0749  GBP
25p ordinary		CFD		Increasing Long		54,733	4.0377  GBP
25p ordinary		CFD		Increasing Long		6,897	4.0553  GBP
25p ordinary		CFD		Increasing Long		29,360	4.0600  GBP
25p ordinary		CFD		Increasing Long		13,528	4.0741  GBP
25p ordinary		CFD		Increasing Long		2,860	4.0778  GBP
25p ordinary		CFD		Decreasing Long		2,066	4.0365  GBP
25p ordinary		CFD		Decreasing Long		22,508	4.0509  GBP
25p ordinary		CFD		Decreasing Long		263	4.0600  GBP
25p ordinary		CFD		Decreasing Long		98,152	4.0611  GBP
25p ordinary		CFD		Decreasing Long		2,784	4.0661  GBP
25p ordinary		CFD		Decreasing Long		11	4.0763  GBP
25p ordinary		CFD		Decreasing Long		3,417	4.0776  GBP
(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercise
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						applicable)
4.				OTHER INFORMATION
(a)	Indemnity and other dealings arrangements
Details of any indemnity or option arrangement, or any agreement or understanding,
formal or informal, relating to relevant securities which may be an inducement to deal
or refrain from dealing entered into by the exempt principal trader making the disclosure and any party
to the offer or any person acting in concert with a party to the offer:
NONE
(b)	Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between
the person making the disclosure and any other person relating to:
(i)  the voting rights of any relevant securities under any option; or
(ii) the voting rights of future acquisition or disposal of any relevant securities to which
any derivative is referenced:
NONE
(c)	Attachments
Is a Supplemental Form 8 (Open Positions) attached?				NO
Date of disclosure:				13 Feb 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END