Form 8.5 (EPT/RI) - British Land Co plc

UBS AG (EPT)

17 February 2026

 

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the Code)

1.         KEY INFORMATION

(a) Name of exempt principal trader:	UBS Investment Bank, London
(b) 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
(c) Name of the party to the offer with which exempt principal trader is connected:	British Land Company plc
(d) Date dealing undertaken:	16 February 2026
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?      If it is a cash offer or possible cash offer, state "N/A"	YES

2.         DEALINGS BY THE EXEMPT PRINCIPAL TRADER

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(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	Purchases/ sales	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
25p ordinary	Buy	504060	4.10893        GBP	4.02000        GBP
25p ordinary	Sell	501358	4.10893        GBP	3.98828        GBP

(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
25p ordinary	CFD	Long	23	4.064        GBP
25p ordinary	CFD	Long	2969	4.094        GBP
25p ordinary	CFD	Long	20598	4.079629        GBP
25p ordinary	CFD	Long	39	4.03698139        GBP
25p ordinary	CFD	Long	7	4.049676        GBP
25p ordinary	CFD	Long	3934	4.02720441217082        GBP
25p ordinary	CFD	Long	8304	4.06108808        GBP
25p ordinary	CFD	Long	2606	3.9882854082216        GBP
25p ordinary	CFD	Long	1213	4.05485879480627        GBP
25p ordinary	CFD	Long	6	4.04833333333333        GBP
25p ordinary	CFD	Long	60380	4.04787099489566        GBP
25p ordinary	CFD	Long	7185	4.038        GBP
25p ordinary	CFD	Long	7	4.04857142857143        GBP
25p ordinary	CFD	Long	34	4.10017647058824        GBP
25p ordinary	CFD	Long	19	4.06389473684211        GBP
25p ordinary	CFD	Long	2085	4.06238153768825        GBP
25p ordinary	CFD	Long	85	4.04904222        GBP
25p ordinary	CFD	Long	67	4.070989        GBP
25p ordinary	CFD	Long	19387	4.05        GBP
25p ordinary	CFD	Long	5330	4.05669606020638        GBP
25p ordinary	CFD	Long	1953	4.09582386072709        GBP
25p ordinary	CFD	Long	580	4.05669306655172        GBP
25p ordinary	CFD	Long	153	4.10188841333333        GBP
25p ordinary	CFD	Long	5922	4.04720727424519        GBP
25p ordinary	CFD	Long	4161	4.0497197        GBP
25p ordinary	CFD	Long	16001	4.049798        GBP
25p ordinary	CFD	Long	3845	4.05383771214044        GBP
25p ordinary	CFD	Long	44722	4.05599143620187        GBP
25p ordinary	CFD	Short	31943	4.06309043        GBP
25p ordinary	CFD	Short	8	4.08195409        GBP
25p ordinary	CFD	Short	3578	4.0598927306        GBP
25p ordinary	CFD	Short	34	4.10017647058824        GBP
25p ordinary	CFD	Short	980	4.054        GBP
25p ordinary	CFD	Short	17	4.05705372        GBP
25p ordinary	CFD	Short	4503	4.0595118782545        GBP
25p ordinary	CFD	Short	94795	4.05253476177541        GBP
25p ordinary	CFD	Short	4712	4.05543378786503        GBP
25p ordinary	CFD	Short	1848	4.047468        GBP
25p ordinary	CFD	Short	15380	4.050202        GBP
25p ordinary	CFD	Short	886	4.05        GBP
25p ordinary	CFD	Short	3774	4.05685114112348        GBP
25p ordinary	CFD	Short	6319	4.06386445640133        GBP
25p ordinary	CFD	Short	3808	4.07165262        GBP
25p ordinary	CFD	Short	25704	4.05893904        GBP
25p ordinary	CFD	Short	15232	4.0482582        GBP
25p ordinary	CFD	Short	745	4.06606332154362        GBP
25p ordinary	CFD	Short	13	4.04769230769231        GBP

(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)

3.         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 exempt principal trader 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 exempt principal trader 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

Date of disclosure:	17 February 2026
Contact name:	Richard Howard
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [e-mail]

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on [phone].

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

 

END