Form 8.3 BRITISH LAND COMPANY PLC, THE

Barclays PLC

23 March 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:				20 Mar 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:			10,900,251	1.09%	9,796,658	0.98%
(2)	Cash-settled derivatives:
				9,615,182	0.96%	8,789,270	0.88%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			20,515,433	2.05%	18,585,928	1.86%
(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		1,066,340		3.5280  GBP
25p ordinary		Purchase		920,140		3.5303  GBP
25p ordinary		Purchase		510,930		3.5276  GBP
25p ordinary		Purchase		404,124		3.5282  GBP
25p ordinary		Purchase		259,796		3.5391  GBP
25p ordinary		Purchase		207,497		3.6075  GBP
25p ordinary		Purchase		179,818		3.5875  GBP
25p ordinary		Purchase		160,200		3.5350  GBP
25p ordinary		Purchase		106,587		3.5848  GBP
25p ordinary		Purchase		59,791		3.5358  GBP
25p ordinary		Purchase		51,800		3.6213  GBP
25p ordinary		Purchase		40,170		3.5820  GBP
25p ordinary		Purchase		36,223		3.5669  GBP
25p ordinary		Purchase		35,645		3.5274  GBP
25p ordinary		Purchase		34,214		3.5974  GBP
25p ordinary		Purchase		30,846		3.5584  GBP
25p ordinary		Purchase		16,870		3.5887  GBP
25p ordinary		Purchase		16,584		3.5936  GBP
25p ordinary		Purchase		15,133		3.5370  GBP
25p ordinary		Purchase		10,736		3.5444  GBP
25p ordinary		Purchase		8,085		3.5905  GBP
25p ordinary		Purchase		7,870		3.5597  GBP
25p ordinary		Purchase		7,307		3.6092  GBP
25p ordinary		Purchase		6,384		3.6080  GBP
25p ordinary		Purchase		6,361		3.5937  GBP
25p ordinary		Purchase		4,600		3.5480  GBP
25p ordinary		Purchase		4,270		3.6093  GBP
25p ordinary		Purchase		3,624		3.5283  GBP
25p ordinary		Purchase		3,557		3.5380  GBP
25p ordinary		Purchase		3,233		3.5297  GBP
25p ordinary		Purchase		2,500		3.5340  GBP
25p ordinary		Purchase		2,142		3.5309  GBP
25p ordinary		Purchase		1,694		3.5970  GBP
25p ordinary		Purchase		1,609		3.5550  GBP
25p ordinary		Purchase		1,482		3.5320  GBP
25p ordinary		Purchase		1,405		3.6112  GBP
25p ordinary		Purchase		1,348		3.5287  GBP
ADR		Purchase		1,157		4.6237  USD
25p ordinary		Purchase		927		3.6121  GBP
25p ordinary		Purchase		905		3.5300  GBP
25p ordinary		Purchase		589		3.5544  GBP
25p ordinary		Purchase		538		3.6336  GBP
25p ordinary		Purchase		535		3.6150  GBP
25p ordinary		Purchase		446		3.5440  GBP
25p ordinary		Purchase		417		3.5400  GBP
25p ordinary		Purchase		310		3.6240  GBP
25p ordinary		Purchase		304		3.5360  GBP
25p ordinary		Purchase		141		3.5390  GBP
25p ordinary		Purchase		100		3.6159  GBP
ADR		Purchase		100		4.6600  USD
25p ordinary		Purchase		42		3.5609  GBP
25p ordinary		Purchase		39		3.5220  GBP
25p ordinary		Sale		1,959,352		3.5280  GBP
25p ordinary		Sale		739,340		3.5305  GBP
25p ordinary		Sale		702,877		3.5283  GBP
25p ordinary		Sale		622,010		3.6320  GBP
25p ordinary		Sale		203,573		3.5880  GBP
25p ordinary		Sale		186,084		3.6080  GBP
25p ordinary		Sale		106,158		3.5392  GBP
25p ordinary		Sale		63,096		3.5467  GBP
25p ordinary		Sale		47,016		3.5288  GBP
25p ordinary		Sale		43,062		3.5281  GBP
25p ordinary		Sale		36,283		3.5403  GBP
25p ordinary		Sale		36,225		3.5434  GBP
25p ordinary		Sale		24,144		3.5463  GBP
25p ordinary		Sale		22,819		3.5393  GBP
25p ordinary		Sale		18,267		3.5576  GBP
25p ordinary		Sale		16,101		3.5333  GBP
25p ordinary		Sale		14,404		3.5357  GBP
25p ordinary		Sale		14,000		3.6124  GBP
25p ordinary		Sale		12,500		3.5460  GBP
25p ordinary		Sale		12,139		3.5284  GBP
25p ordinary		Sale		8,510		3.5480  GBP
25p ordinary		Sale		8,403		3.6090  GBP
25p ordinary		Sale		7,931		3.5381  GBP
25p ordinary		Sale		7,731		3.5431  GBP
25p ordinary		Sale		7,065		3.5725  GBP
25p ordinary		Sale		6,996		3.6025  GBP
25p ordinary		Sale		6,293		3.5473  GBP
25p ordinary		Sale		5,000		3.5470  GBP
25p ordinary		Sale		4,459		3.5198  GBP
25p ordinary		Sale		4,434		3.5271  GBP
25p ordinary		Sale		4,037		3.6081  GBP
25p ordinary		Sale		3,593		3.5441  GBP
25p ordinary		Sale		3,540		3.6100  GBP
25p ordinary		Sale		3,104		3.5840  GBP
25p ordinary		Sale		3,096		3.5780  GBP
25p ordinary		Sale		2,931		3.5230  GBP
25p ordinary		Sale		2,795		3.5557  GBP
25p ordinary		Sale		2,599		3.5272  GBP
25p ordinary		Sale		2,355		3.6102  GBP
25p ordinary		Sale		2,135		3.6093  GBP
25p ordinary		Sale		2,039		3.5220  GBP
25p ordinary		Sale		1,847		3.5795  GBP
25p ordinary		Sale		1,694		3.5970  GBP
25p ordinary		Sale		1,510		3.5400  GBP
25p ordinary		Sale		1,438		3.5245  GBP
25p ordinary		Sale		1,361		3.5277  GBP
25p ordinary		Sale		1,168		3.5421  GBP
ADR		Sale		1,157		4.6237  USD
25p ordinary		Sale		981		3.5240  GBP
25p ordinary		Sale		919		3.5980  GBP
25p ordinary		Sale		912		3.5200  GBP
25p ordinary		Sale		824		3.5264  GBP
25p ordinary		Sale		815		3.6379  GBP
25p ordinary		Sale		698		3.6000  GBP
25p ordinary		Sale		684		3.6152  GBP
25p ordinary		Sale		545		3.6032  GBP
25p ordinary		Sale		523		3.5960  GBP
25p ordinary		Sale		446		3.5440  GBP
25p ordinary		Sale		434		3.6020  GBP
25p ordinary		Sale		417		3.5360  GBP
25p ordinary		Sale		291		3.5262  GBP
25p ordinary		Sale		270		3.6064  GBP
25p ordinary		Sale		254		3.5520  GBP
25p ordinary		Sale		229		3.5199  GBP
25p ordinary		Sale		141		3.5390  GBP
ADR		Sale		100		4.6600  USD
25p ordinary		Sale		67		3.5270  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		Decreasing Short		67	3.5270  GBP
25p ordinary		SWAP		Decreasing Short		1,361	3.5277  GBP
25p ordinary		SWAP		Decreasing Short		242,318	3.5280  GBP
25p ordinary		SWAP		Decreasing Short		14,485	3.5281  GBP
25p ordinary		SWAP		Decreasing Short		29,256	3.5282  GBP
25p ordinary		SWAP		Opening Long		324,732	3.5291  GBP
25p ordinary		SWAP		Increasing Long		452	3.5331  GBP
25p ordinary		SWAP		Increasing Long		304	3.5360  GBP
25p ordinary		SWAP		Increasing Long		22,713	3.5389  GBP
25p ordinary		SWAP		Increasing Long		863	3.5420  GBP
25p ordinary		SWAP		Increasing Long		36,225	3.5434  GBP
25p ordinary		SWAP		Increasing Long		10,000	3.5456  GBP
25p ordinary		SWAP		Increasing Long		31,821	3.5478  GBP
25p ordinary		SWAP		Increasing Long		18,267	3.5576  GBP
25p ordinary		SWAP		Increasing Long		1,079	3.6060  GBP
25p ordinary		SWAP		Increasing Long		1,073	3.6070  GBP
25p ordinary		SWAP		Increasing Long		1,399	3.6110  GBP
25p ordinary		SWAP		Increasing Long		14,000	3.6124  GBP
25p ordinary		SWAP		Increasing Long		434	3.6150  GBP
25p ordinary		SWAP		Increasing Long		1,817	3.6190  GBP
25p ordinary		SWAP		Increasing Long		425	3.6200  GBP
25p ordinary		SWAP		Increasing Long		106	3.6270  GBP
25p ordinary		SWAP		Increasing Long		623,409	3.6320  GBP
25p ordinary		SWAP		Increasing Long		815	3.6379  GBP
25p ordinary		SWAP		Increasing Long		1,400	3.6410  GBP
25p ordinary		SWAP		Decreasing Long		87,634	3.5278  GBP
25p ordinary		SWAP		Decreasing Long		5,755	3.5280  GBP
25p ordinary		SWAP		Decreasing Long		1,348	3.5287  GBP
25p ordinary		SWAP		Decreasing Long		3,123	3.5313  GBP
25p ordinary		SWAP		Decreasing Long		10,000	3.5314  GBP
25p ordinary		SWAP		Decreasing Long		138,300	3.5349  GBP
25p ordinary		SWAP		Decreasing Long		21,900	3.5356  GBP
25p ordinary		SWAP		Decreasing Long		500	3.5364  GBP
25p ordinary		SWAP		Decreasing Long		11,121	3.5551  GBP
25p ordinary		SWAP		Decreasing Long		60,194	3.5556  GBP
25p ordinary		SWAP		Decreasing Long		15,571	3.5596  GBP
25p ordinary		SWAP		Decreasing Long		42	3.5610  GBP
25p ordinary		SWAP		Decreasing Long		40,170	3.5820  GBP
25p ordinary		SWAP		Decreasing Long		57,718	3.5824  GBP
25p ordinary		SWAP		Decreasing Long		106,587	3.5848  GBP
25p ordinary		SWAP		Decreasing Long		71,178	3.5870  GBP
25p ordinary		SWAP		Decreasing Long		41,557	3.5880  GBP
25p ordinary		SWAP		Decreasing Long		16,870	3.5886  GBP
25p ordinary		SWAP		Decreasing Long		8,085	3.5905  GBP
25p ordinary		SWAP		Decreasing Long		22,945	3.5936  GBP
25p ordinary		SWAP		Decreasing Long		1,079	3.6060  GBP
25p ordinary		SWAP		Decreasing Long		1,073	3.6070  GBP
25p ordinary		SWAP		Decreasing Long		1,399	3.6110  GBP
25p ordinary		SWAP		Decreasing Long		434	3.6150  GBP
25p ordinary		SWAP		Decreasing Long		425	3.6200  GBP
25p ordinary		SWAP		Decreasing Long		51,800	3.6213  GBP
25p ordinary		SWAP		Decreasing Long		1,399	3.6320  GBP
25p ordinary		SWAP		Decreasing Long		1,400	3.6410  GBP
25p ordinary		CFD		Increasing Long		57,406	3.5269  GBP
25p ordinary		CFD		Increasing Long		3,376	3.5280  GBP
25p ordinary		CFD		Increasing Long		5,359	3.5450  GBP
25p ordinary		CFD		Increasing Long		1,378	3.6001  GBP
25p ordinary		CFD		Increasing Long		2,355	3.6102  GBP
25p ordinary		CFD		Increasing Long		11,639	3.6229  GBP
25p ordinary		CFD		Decreasing Long		3	3.5266  GBP
25p ordinary		CFD		Decreasing Long		9,398	3.5279  GBP
25p ordinary		CFD		Decreasing Long		34,214	3.5974  GBP
25p ordinary		CFD		Decreasing Long		6,384	3.6079  GBP
25p ordinary		CFD		Decreasing Long		3,056	3.6082  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:				23 Mar 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END