Form 8.3 - British Land Co PLC | Company Announcement

*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.

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(a) Full name of discloser:	Caxton Associates LLP
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.	N/A
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	British Land Company plc, The
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:	N/A
(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure	10^th February 2026
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A"	NO

Class of relevant security:	25p ordinary
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:
(2) Cash-settled derivatives:	78,780,312	7.87
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	78,780,312	7.87

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
25p ordinary	Equity Linked Swap	Increasing a long position	18075	4.02 GBP
25p ordinary	Equity Linked Swap	Reducing a long position	300000	4.00 GBP
25p ordinary	Equity Linked Swap	Increasing a long position	48819	4.09 GBP

Date of disclosure:	11/02/2026
Contact name:	Benjamin Ohly
Telephone number*:	+1 212-303-6578

Form 8.3 - British Land Co PLC

Date of disclosure:

Contact name:

Telephone number*:

Companies

UK 100

Latest directors dealings

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages: