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

UBS AG (EPT)

24 February 2026

 

This announcement replaces the previous RNS announcement 0384U released at 11:55 on the 23^rd of February 2026. Amendments to section 2a. All other information remains unchanged

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:	20 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	463303	4.21600        GBP	4.17200        GBP
25p ordinary	Sell	878526	4.21600        GBP	4.12794        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	4838	4.191162        GBP
25p ordinary	CFD	Long	8369	4.1893714900227        GBP
25p ordinary	CFD	Long	4605	4.187905        GBP
25p ordinary	CFD	Long	629	4.189267        GBP
25p ordinary	CFD	Long	20849	4.192984        GBP
25p ordinary	CFD	Long	45726	4.18905699        GBP
25p ordinary	CFD	Long	10673	4.18937131078422        GBP
25p ordinary	CFD	Long	3982	4.18937217478654        GBP
25p ordinary	CFD	Long	268634	4.127935        GBP
25p ordinary	CFD	Long	12986	4.18778        GBP
25p ordinary	CFD	Long	769	4.1964559        GBP
25p ordinary	CFD	Long	28091	4.20078169        GBP
25p ordinary	CFD	Long	11587	4.192713        GBP
25p ordinary	CFD	Long	166	4.21        GBP
25p ordinary	CFD	Long	1574	4.19190867        GBP
25p ordinary	CFD	Long	473	4.20200074989429        GBP
25p ordinary	CFD	Long	25301	4.192877        GBP
25p ordinary	CFD	Long	2	4.214        GBP
25p ordinary	CFD	Long	382	4.18989528795812        GBP
25p ordinary	CFD	Long	8	4.188        GBP
25p ordinary	CFD	Long	258	4.20332558139535        GBP
25p ordinary	CFD	Long	1338	4.19223467862481        GBP
25p ordinary	CFD	Long	291	4.19265979381443        GBP
25p ordinary	CFD	Long	1931	4.20792024596582        GBP
25p ordinary	CFD	Long	1999	4.21069634433217        GBP
25p ordinary	CFD	Long	2870	4.19600278745645        GBP
25p ordinary	CFD	Long	11403	4.20718508682364        GBP
25p ordinary	CFD	Long	24464	4.19449685        GBP
25p ordinary	CFD	Long	925	4.191279        GBP
25p ordinary	CFD	Long	118514	4.191141        GBP
25p ordinary	CFD	Long	2921	4.189791        GBP
25p ordinary	CFD	Short	4801	4.20217567580446        GBP
25p ordinary	CFD	Short	8413	4.19031424997028        GBP
25p ordinary	CFD	Short	88	4.2        GBP
25p ordinary	CFD	Short	133881	4.19        GBP
25p ordinary	CFD	Short	170	4.20896470588235        GBP
25p ordinary	CFD	Short	19906	4.18947227        GBP
25p ordinary	CFD	Short	3264	4.20460907        GBP
25p ordinary	CFD	Short	3081	4.19000006        GBP
25p ordinary	CFD	Short	809	4.18884796285538        GBP
25p ordinary	CFD	Short	2837	4.172        GBP
25p ordinary	CFD	Short	5727	4.19817722901345        GBP
25p ordinary	CFD	Short	8971	4.18939382464608        GBP
25p ordinary	CFD	Short	6329	4.18003666522959        GBP
25p ordinary	CFD	Short	16478	4.19031425003034        GBP
25p ordinary	CFD	Short	223	4.190224        GBP
25p ordinary	CFD	Short	4	4.21        GBP
25p ordinary	CFD	Short	3231	4.18003683539203        GBP
25p ordinary	CFD	Short	245	4.20575510053061        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:	24 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