Form 8.3 The British Land Company Plc

Jefferies International Limited
12 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:

Jefferies International Limited

(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.

 

 

 

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

     Use a separate form for each offeror/offeree

The British Land Company Plc

(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:

     For an opening position disclosure, state the latest practicable date prior to the disclosure

11th 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"

Life Science REIT Plc

 

 

2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

 

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in\ 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

 

(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:

 

 

113,731

0.011

(2) Cash-settled derivatives:

 

58,366

0.006

 

 

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

 

 

 

 

TOTAL:

58,366

0.006

113,731

0.011

 

All interests and all short positions should be disclosed.

 

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

 

(b)        Rights to subscribe for new securities (including directors' and other employee 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

 

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

 

The currency of all prices and other monetary amounts should be stated.

 

(a)        Purchases and sales

 

Class of relevant security

Purchase/sale

 

Number of securities

Price per unit (GBX)

25p ordinary

Purchase

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sale

1,955

 14,138

 23,940

 7,445

 102,522

 1,449,388

 353,411

 49,628

 6,013

 14,047

 14,288

 391,521

 7,192

 1,695

 3,536

 1,490

 169,754

 5,555

 3,391

 7,541

 460,195

 2,541

 4,703

 344,342

 885

 8,085

 18,275

 3,511

 49,935

 476

 1,099

 131

 5,044

 3,901

 3,772

 43,584

 48,190

 9,863

 1,355

 4,365

 2,781

 36

 11,073

 3,595

 

851

 1,882

 2,701

 419

 815

 1,537

 757

 1,966

 2,539

 477

 1,431

 186

 365

 1

 1,713

 1,786

 2,215

 574

 23,569

 1,034

 106,625

 13,493

 585

 4,561

 1,966

 7,789

 10,975

 931

 30,937

 4,463

 28,177

 10,807

 148,960

 5,813

 39,745

 5,840

 29,686

 8,371

 3,890

 4,228

 26,617

 4,782

 89,066

 6,271

 2,596

 64,804

 9,033

 25,750

 248

 1,103,926

 150,468

 18,951

 3,173

 66,964

 9,619

 56,022

 6,362

 12,464

 857

 7,808

 5,475

 910

 3,936

 676

 117,932

 4,469

 14,850

 7,431

 1,374

 2,226

 3,257

 3,042

 4,121

 1,449

 15,835

 2,811

 642

 3,198

 609,536

 22,318

 1,961

 10,473

 4,211

 9,558

 5,111

 2,018

 498

 1,700

 11,796

 3,043

 6,821

 2,541

 4,703

 1,326

 35,426

 16,614

 6,927

 22,467

 4,156

 9,127

 300,000

 35

 7,584

 41,635

 15,071

 21,545

 132

 6,331

 35,884

 8,373

 4,365

 7,274

 2,312

 12,302

 1,372

 13,581

 3,595

410.8000

410.9000

411.0000

411.1000

411.2000

411.5100

412.0950

413.7516

414.6000

414.8000

414.9000

415.0000

416.0000

416.1000

416.2000

416.3000

416.4000

416.5000

416.8000

416.9000

417.0000

417.1000

417.2000

417.3377

417.6000

417.8000

417.8079

417.9000

418.0000

418.1000

418.2000

418.2290

418.3000

418.4000

418.5000

418.6000

418.6571

418.7000

418.8000

418.9000

419.0000

419.3922

419.4000

419.5000

 

406.3000

406.7000

407.0000

407.2000

407.4000

407.5504

407.6000

407.8000

408.0000

408.2000

408.4000

408.5000

408.6000

408.8000

408.9000

409.1000

409.6000

409.7000

409.8000

409.9000

410.0000

410.2000

410.3000

410.4000

410.4201

410.5000

410.6000

410.7422

410.8000

410.9000

411.0000

411.1000

411.2000

411.3000

411.4000

411.5000

411.6000

411.7000

411.8000

411.9000

412.0000

412.1000

412.2000

412.3000

412.3077

412.4000

412.5000

412.6000

412.7000

412.7289

412.8000

412.9000

412.9266

413.0000

413.1000

413.2000

413.3000

413.4000

413.5000

413.5058

413.6000

413.7000

413.8000

413.9000

414.0000

414.1000

414.2000

414.2001

414.3000

414.4000

414.6000

414.7000

414.8000

414.9000

415.0000

415.1000

415.2000

415.6000

415.6600

415.8000

415.9000

416.0000

416.1000

416.2000

416.3000

416.4000

416.5000

416.6000

416.8930

416.9000

417.0000

417.1000

417.2000

417.5000

417.6000

417.7000

417.8000

417.9000

418.0000

418.1000

418.1008

418.1992

418.2000

418.3000

418.4000

418.5000

418.5541

418.6000

418.7000

418.8000

418.9000

419.0000

419.1000

419.2000

419.3000

419.4000

419.5000

 

(b)        Cash-settled derivative transactions

 

 

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

(GBX)

25p ordinary

Swap

Swap

Swap

Swap

Swap

Swap

Swap

Swap

Increasing a long position

Increasing a long position

Increasing a long position

Increasing a long position

Increasing a long position

Increasing a long position

Increasing a long position

Increasing a long position

1,537

1,966

931

2,596

3,173

7,808

7,431

11,796

407.5504

410.4201

410.7428

412.3077

412.9267

413.5058

414.2001

416.8930

 

 

(c)        Stock-settled derivative transactions (including options)

 

(i)         Writing, selling, purchasing or varying

 

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type

e.g. American, European etc.

Expiry date

Option money paid/ received per unit









 

(ii)        Exercise

 

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

 

 

 

 

 

 

(d)        Other dealings (including subscribing for new securities)

 

Class of relevant security

Nature of dealing

e.g. subscription, conversion

Details

Price per unit (if applicable)

 

 

 

 

 

 

4.         OTHER INFORMATION

 

(a)        Indemnity and other dealing 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 person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

Irrevocable commitments and letters of intent should not be included.  If there are no such agreements, arrangements or understandings, state "none"

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 or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

None

 

(c)        Attachments

 

Is a Supplemental Form 8 (Open Positions) attached?

NO

 

 

Date of disclosure:

12th February 2026

Contact name:

Jason Williams

Telephone number

020 7029 8706

 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

 

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.

 

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

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