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

UBS AG (EPT)

12 March 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:	11 March 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	1890001	3.71818        GBP	3.65795        GBP
25p ordinary	Sell	1673609	3.71818        GBP	3.65605        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	Increasing a long position	1653	3.68399879007864        GBP
25p ordinary	CFD	Increasing a long position	93476	3.656053        GBP
25p ordinary	CFD	Increasing a long position	9673	3.68399979323891        GBP
25p ordinary	CFD	Increasing a long position	13953	3.68099978499247        GBP
25p ordinary	CFD	Increasing a long position	96	3.662        GBP
25p ordinary	CFD	Increasing a long position	27262	3.672        GBP
25p ordinary	CFD	Increasing a long position	31783	3.671816        GBP
25p ordinary	CFD	Increasing a long position	20226	3.69053114806091        GBP
25p ordinary	CFD	Increasing a long position	6973	3.69291840175391        GBP
25p ordinary	CFD	Increasing a long position	5149	3.69374247674111        GBP
25p ordinary	CFD	Increasing a long position	2961	3.66903364        GBP
25p ordinary	CFD	Increasing a long position	20451	3.67429059807002        GBP
25p ordinary	CFD	Increasing a long position	51	3.67425490196078        GBP
25p ordinary	CFD	Increasing a long position	5	3.70231742        GBP
25p ordinary	CFD	Increasing a long position	2640	3.67203342623106        GBP
25p ordinary	CFD	Increasing a long position	99	3.68363636363636        GBP
25p ordinary	CFD	Increasing a long position	48	3.68727083333333        GBP
25p ordinary	CFD	Increasing a long position	18	3.68459262888889        GBP
25p ordinary	CFD	Increasing a long position	963	3.6839979231568        GBP
25p ordinary	CFD	Increasing a long position	1544	3.68400259067358        GBP
25p ordinary	CFD	Increasing a long position	17952	3.6840001114082        GBP
25p ordinary	CFD	Increasing a long position	10657	3.68100028150511        GBP
25p ordinary	CFD	Increasing a long position	621	3.67101133594203        GBP
25p ordinary	CFD	Increasing a long position	49	3.685        GBP
25p ordinary	CFD	Increasing a long position	64	3.673        GBP
25p ordinary	CFD	Increasing a long position	36111	3.674673        GBP
25p ordinary	CFD	Increasing a long position	2077	3.6840009629273        GBP
25p ordinary	CFD	Reducing a long position	702	3.6682750997151        GBP
25p ordinary	CFD	Reducing a long position	3633	3.684        GBP
25p ordinary	CFD	Reducing a long position	2486	3.68399839098954        GBP
25p ordinary	CFD	Reducing a long position	11766	3.6930793        GBP
25p ordinary	CFD	Reducing a long position	24183	3.67834241        GBP
25p ordinary	CFD	Reducing a long position	14062	3.68739530038828        GBP
25p ordinary	CFD	Reducing a long position	2970	3.67221885521886        GBP
25p ordinary	CFD	Reducing a long position	6999	3.672183        GBP
25p ordinary	CFD	Reducing a long position	962	3.67853        GBP
25p ordinary	CFD	Reducing a long position	143415	3.67226285693296        GBP
25p ordinary	CFD	Reducing a long position	34417	3.68812069911613        GBP
25p ordinary	CFD	Reducing a long position	18336	3.67138743370637        GBP
25p ordinary	CFD	Reducing a long position	11943	3.67116235455246        GBP
25p ordinary	CFD	Reducing a long position	54288	3.68495295        GBP
25p ordinary	CFD	Reducing a long position	4159	3.672        GBP
25p ordinary	CFD	Reducing a long position	48	3.6854375        GBP
25p ordinary	CFD	Reducing a long position	4	3.67411565        GBP
25p ordinary	CFD	Reducing a long position	1375	3.66827509963636        GBP
25p ordinary	CFD	Reducing a long position	60	3.67176666666667        GBP
25p ordinary	CFD	Reducing a long position	86	3.67862790697674        GBP
25p ordinary	CFD	Reducing a long position	24	3.68416666666667        GBP
25p ordinary	CFD	Reducing a long position	6	3.68333333333333        GBP
25p ordinary	CFD	Reducing a long position	6524	3.68099938687922        GBP
25p ordinary	CFD	Reducing a long position	1859	3.68400215169446        GBP
25p ordinary	CFD	Reducing a long position	106	3.68396226415094        GBP
25p ordinary	CFD	Reducing a long position	18086	3.68100022116554        GBP
25p ordinary	CFD	Reducing a long position	25766	3.68399984475666        GBP
25p ordinary	CFD	Reducing a long position	2025	3.66652675802469        GBP
25p ordinary	CFD	Reducing a long position	3080	3.67975584572727        GBP
25p ordinary	CFD	Reducing a long position	14	3.69128571428571        GBP
25p ordinary	CFD	Reducing a long position	35451	3.68773039        GBP
25p ordinary	CFD	Reducing a long position	5052	3.6907924961        GBP
25p ordinary	CFD	Reducing a long position	13207	3.68830937139623        GBP
25p ordinary	CFD	Reducing a long position	187	3.687112        GBP
25p ordinary	CFD	Reducing a long position	273	3.688        GBP
25p ordinary	CFD	Reducing a long position	64501	3.6848        GBP
25p ordinary	CFD	Reducing a long position	7886	3.6719502916561        GBP
25p ordinary	CFD	Reducing a long position	4223	3.67229376        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:	12 March 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