Form 8.3 BRITISH LAND COMPANY PLC, THE

Barclays PLC

27 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:				26 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:			10,123,819	1.01%	6,386,305	0.64%
(2)	Cash-settled derivatives:
				6,306,007	0.63%	5,299,519	0.53%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			16,429,826	1.64%	11,685,824	1.17%
(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		810,217		4.0920  GBP
25p ordinary		Purchase		204,596		4.0922  GBP
25p ordinary		Purchase		200,666		4.0931  GBP
25p ordinary		Purchase		148,951		4.0837  GBP
25p ordinary		Purchase		127,104		4.1016  GBP
25p ordinary		Purchase		60,592		4.0824  GBP
25p ordinary		Purchase		56,481		4.0910  GBP
25p ordinary		Purchase		41,246		4.0952  GBP
25p ordinary		Purchase		28,953		4.0836  GBP
25p ordinary		Purchase		24,488		4.0906  GBP
25p ordinary		Purchase		20,093		4.0741  GBP
25p ordinary		Purchase		18,683		4.1062  GBP
25p ordinary		Purchase		13,446		4.0832  GBP
25p ordinary		Purchase		12,004		4.0968  GBP
25p ordinary		Purchase		8,934		4.0945  GBP
25p ordinary		Purchase		8,632		4.1035  GBP
25p ordinary		Purchase		8,416		4.1040  GBP
25p ordinary		Purchase		7,255		4.0857  GBP
25p ordinary		Purchase		7,024		4.0825  GBP
25p ordinary		Purchase		5,297		4.0955  GBP
25p ordinary		Purchase		4,973		4.0756  GBP
25p ordinary		Purchase		4,386		4.0814  GBP
25p ordinary		Purchase		2,527		4.0942  GBP
25p ordinary		Purchase		2,437		4.0800  GBP
25p ordinary		Purchase		2,390		4.0892  GBP
25p ordinary		Purchase		2,274		4.0722  GBP
25p ordinary		Purchase		2,160		4.1107  GBP
25p ordinary		Purchase		1,472		4.0953  GBP
25p ordinary		Purchase		1,418		4.1015  GBP
25p ordinary		Purchase		1,392		4.1180  GBP
25p ordinary		Purchase		1,180		4.0820  GBP
25p ordinary		Purchase		992		4.0907  GBP
25p ordinary		Purchase		987		4.1057  GBP
25p ordinary		Purchase		941		4.0860  GBP
25p ordinary		Purchase		892		4.0720  GBP
25p ordinary		Purchase		877		4.0949  GBP
25p ordinary		Purchase		743		4.1100  GBP
25p ordinary		Purchase		683		4.0960  GBP
25p ordinary		Purchase		674		4.0980  GBP
25p ordinary		Purchase		646		4.1080  GBP
25p ordinary		Purchase		555		4.1060  GBP
25p ordinary		Purchase		531		4.1020  GBP
25p ordinary		Purchase		462		4.0780  GBP
25p ordinary		Purchase		435		4.0940  GBP
25p ordinary		Purchase		433		4.0880  GBP
25p ordinary		Purchase		428		4.1091  GBP
25p ordinary		Purchase		364		4.1110  GBP
25p ordinary		Purchase		272		4.1200  GBP
25p ordinary		Purchase		213		4.0730  GBP
25p ordinary		Purchase		200		4.0870  GBP
25p ordinary		Purchase		196		4.0830  GBP
25p ordinary		Purchase		181		4.0840  GBP
25p ordinary		Purchase		128		4.1240  GBP
25p ordinary		Purchase		112		4.1140  GBP
25p ordinary		Purchase		97		4.1160  GBP
25p ordinary		Purchase		94		4.0760  GBP
25p ordinary		Purchase		93		4.1220  GBP
25p ordinary		Purchase		55		4.1460  GBP
25p ordinary		Sale		520,317		4.0920  GBP
25p ordinary		Sale		56,216		4.0998  GBP
25p ordinary		Sale		35,775		4.0910  GBP
25p ordinary		Sale		22,541		4.1129  GBP
25p ordinary		Sale		21,217		4.0959  GBP
25p ordinary		Sale		16,311		4.0797  GBP
25p ordinary		Sale		11,991		4.0985  GBP
25p ordinary		Sale		9,208		4.0913  GBP
25p ordinary		Sale		8,959		4.1013  GBP
25p ordinary		Sale		7,709		4.0980  GBP
25p ordinary		Sale		5,496		4.1139  GBP
25p ordinary		Sale		5,393		4.0916  GBP
25p ordinary		Sale		5,100		4.0914  GBP
25p ordinary		Sale		5,042		4.0990  GBP
25p ordinary		Sale		3,315		4.0911  GBP
25p ordinary		Sale		3,144		4.1160  GBP
25p ordinary		Sale		2,714		4.0840  GBP
25p ordinary		Sale		2,319		4.1154  GBP
25p ordinary		Sale		2,114		4.1100  GBP
25p ordinary		Sale		1,857		4.0759  GBP
25p ordinary		Sale		1,737		4.1298  GBP
25p ordinary		Sale		1,669		4.0800  GBP
25p ordinary		Sale		1,660		4.1108  GBP
25p ordinary		Sale		1,472		4.0957  GBP
25p ordinary		Sale		1,348		4.1045  GBP
25p ordinary		Sale		1,180		4.0820  GBP
25p ordinary		Sale		1,134		4.1040  GBP
25p ordinary		Sale		941		4.0860  GBP
25p ordinary		Sale		892		4.0720  GBP
25p ordinary		Sale		683		4.0960  GBP
25p ordinary		Sale		678		4.1180  GBP
25p ordinary		Sale		646		4.1080  GBP
25p ordinary		Sale		576		4.1206  GBP
25p ordinary		Sale		555		4.1060  GBP
25p ordinary		Sale		531		4.1020  GBP
25p ordinary		Sale		519		4.0842  GBP
25p ordinary		Sale		462		4.0780  GBP
25p ordinary		Sale		435		4.0940  GBP
25p ordinary		Sale		364		4.1110  GBP
25p ordinary		Sale		325		4.1117  GBP
25p ordinary		Sale		317		4.1240  GBP
25p ordinary		Sale		272		4.1200  GBP
25p ordinary		Sale		213		4.0730  GBP
25p ordinary		Sale		200		4.0870  GBP
25p ordinary		Sale		196		4.0830  GBP
25p ordinary		Sale		195		4.0880  GBP
25p ordinary		Sale		112		4.1140  GBP
25p ordinary		Sale		100		4.0740  GBP
25p ordinary		Sale		94		4.0760  GBP
25p ordinary		Sale		93		4.1220  GBP
25p ordinary		Sale		90		4.1209  GBP
25p ordinary		Sale		39		4.1460  GBP
25p ordinary		Sale		34		4.0944  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		100	4.0739  GBP
25p ordinary		SWAP		Increasing Long		1,857	4.0759  GBP
25p ordinary		SWAP		Increasing Long		478	4.0793  GBP
25p ordinary		SWAP		Increasing Long		192	4.0810  GBP
25p ordinary		SWAP		Increasing Long		519	4.0842  GBP
25p ordinary		SWAP		Increasing Long		3,315	4.0911  GBP
25p ordinary		SWAP		Increasing Long		9,208	4.0913  GBP
25p ordinary		SWAP		Increasing Long		5,393	4.0916  GBP
25p ordinary		SWAP		Increasing Long		30,702	4.0920  GBP
25p ordinary		SWAP		Increasing Long		34	4.0942  GBP
25p ordinary		SWAP		Increasing Long		320	4.0991  GBP
25p ordinary		SWAP		Increasing Long		833	4.0992  GBP
25p ordinary		SWAP		Increasing Long		178	4.1065  GBP
25p ordinary		SWAP		Increasing Long		9	4.1066  GBP
25p ordinary		SWAP		Increasing Long		377	4.1100  GBP
25p ordinary		SWAP		Increasing Long		1,660	4.1108  GBP
25p ordinary		SWAP		Increasing Long		325	4.1118  GBP
25p ordinary		SWAP		Increasing Long		8,987	4.1129  GBP
25p ordinary		SWAP		Increasing Long		5,496	4.1138  GBP
25p ordinary		SWAP		Increasing Long		1,799	4.1147  GBP
25p ordinary		SWAP		Increasing Long		2,319	4.1154  GBP
25p ordinary		SWAP		Increasing Long		3,047	4.1160  GBP
25p ordinary		SWAP		Increasing Long		1,737	4.1298  GBP
25p ordinary		SWAP		Decreasing Long		133	4.0714  GBP
25p ordinary		SWAP		Decreasing Long		91	4.0763  GBP
25p ordinary		SWAP		Decreasing Long		60,592	4.0824  GBP
25p ordinary		SWAP		Decreasing Long		186,449	4.0837  GBP
25p ordinary		SWAP		Decreasing Long		22,487	4.0852  GBP
25p ordinary		SWAP		Decreasing Long		363	4.0867  GBP
25p ordinary		SWAP		Decreasing Long		55,009	4.0891  GBP
25p ordinary		SWAP		Decreasing Long		992	4.0907  GBP
25p ordinary		SWAP		Decreasing Long		1,670	4.0909  GBP
25p ordinary		SWAP		Decreasing Long		38,073	4.0919  GBP
25p ordinary		SWAP		Decreasing Long		448,521	4.0920  GBP
25p ordinary		SWAP		Decreasing Long		224,423	4.0922  GBP
25p ordinary		SWAP		Decreasing Long		33,120	4.0939  GBP
25p ordinary		SWAP		Decreasing Long		5,297	4.0955  GBP
25p ordinary		SWAP		Opening Short		72,095	4.1111  GBP
25p ordinary		SWAP		Increasing Short		23,495	4.1188  GBP
25p ordinary		SWAP		Increasing Short		365	4.1205  GBP
25p ordinary		CFD		Increasing Long		350	4.0796  GBP
25p ordinary		CFD		Increasing Long		185	4.0918  GBP
25p ordinary		CFD		Increasing Long		46,781	4.0920  GBP
25p ordinary		CFD		Increasing Long		3	4.0933  GBP
25p ordinary		CFD		Increasing Long		1,076	4.0974  GBP
25p ordinary		CFD		Increasing Long		13,554	4.1129  GBP
25p ordinary		CFD		Decreasing Long		24,971	4.0837  GBP
25p ordinary		CFD		Decreasing Long		34,157	4.0919  GBP
25p ordinary		CFD		Decreasing Long		25,753	4.0920  GBP
25p ordinary		CFD		Decreasing Long		13,054	4.0975  GBP
25p ordinary		CFD		Decreasing Long		428	4.1091  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:				27 Feb 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END