Form 8.5 (EPT/RI) - British Land Co

UBS AG (EPT)

17 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:	16 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	275922	3.77133        GBP	3.66599        GBP
25p ordinary	Sell	452537	3.77133        GBP	3.66599        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	37	3.738        GBP
25p ordinary	CFD	Long	3967	3.7277135721        GBP
25p ordinary	CFD	Long	593	3.729061        GBP
25p ordinary	CFD	Long	480	3.7455602        GBP
25p ordinary	CFD	Long	57611	3.724        GBP
25p ordinary	CFD	Long	1175	3.75243744535319        GBP
25p ordinary	CFD	Long	790	3.73019747        GBP
25p ordinary	CFD	Long	2505	3.668        GBP
25p ordinary	CFD	Long	3122	3.73400064061499        GBP
25p ordinary	CFD	Long	3757	3.67199893532073        GBP
25p ordinary	CFD	Long	3123	3.68500160102466        GBP
25p ordinary	CFD	Long	3122	3.71        GBP
25p ordinary	CFD	Long	2191	3.76600182565039        GBP
25p ordinary	CFD	Long	3239	3.73        GBP
25p ordinary	CFD	Long	3122	3.73599935938501        GBP
25p ordinary	CFD	Long	2210	3.766        GBP
25p ordinary	CFD	Long	286	3.74601398601399        GBP
25p ordinary	CFD	Long	1501	3.76399733510993        GBP
25p ordinary	CFD	Long	3123	3.74600064040986        GBP
25p ordinary	CFD	Long	3122	3.74599935938501        GBP
25p ordinary	CFD	Long	2896	3.67199930939227        GBP
25p ordinary	CFD	Long	29096	3.7277137465        GBP
25p ordinary	CFD	Long	70292	3.7279161288        GBP
25p ordinary	CFD	Long	59110	3.7282082358        GBP
25p ordinary	CFD	Long	40303	3.72575143289581        GBP
25p ordinary	CFD	Long	14279	3.73063918757056        GBP
25p ordinary	CFD	Long	16	3.68        GBP
25p ordinary	CFD	Long	34	3.756157        GBP
25p ordinary	CFD	Long	436	3.686        GBP
25p ordinary	CFD	Long	4652	3.76189854        GBP
25p ordinary	CFD	Long	2253	3.75758988071904        GBP
25p ordinary	CFD	Long	30382	3.73424501192318        GBP
25p ordinary	CFD	Long	29338	3.7446741625271        GBP
25p ordinary	CFD	Long	3549	3.67389687235841        GBP
25p ordinary	CFD	Long	1506	3.68336487227092        GBP
25p ordinary	CFD	Long	15	3.679        GBP
25p ordinary	CFD	Long	1	3.706        GBP
25p ordinary	CFD	Long	6085	3.72557107641742        GBP
25p ordinary	CFD	Long	20228	3.740174        GBP
25p ordinary	CFD	Long	12289	3.727916311        GBP
25p ordinary	CFD	Long	8061	3.7282076972        GBP
25p ordinary	CFD	Long	2052	3.73361208888889        GBP
25p ordinary	CFD	Short	1201	3.66800166527893        GBP
25p ordinary	CFD	Short	16836	3.72876001597826        GBP
25p ordinary	CFD	Short	199	3.74597989949749        GBP
25p ordinary	CFD	Short	167	3.7340119760479        GBP
25p ordinary	CFD	Short	6053	3.7048448        GBP
25p ordinary	CFD	Short	1493	3.72454559253182        GBP
25p ordinary	CFD	Short	2488	3.7387202598955        GBP
25p ordinary	CFD	Short	1503	3.764        GBP
25p ordinary	CFD	Short	903	3.676        GBP
25p ordinary	CFD	Short	1	3.77        GBP
25p ordinary	CFD	Short	87	3.74597701149425        GBP
25p ordinary	CFD	Short	1	3.76        GBP
25p ordinary	CFD	Short	73	3.73397260273973        GBP
25p ordinary	CFD	Short	2008	3.685        GBP
25p ordinary	CFD	Short	3122	3.71        GBP
25p ordinary	CFD	Short	1332	3.7659984984985        GBP
25p ordinary	CFD	Short	3123	3.73        GBP
25p ordinary	CFD	Short	2485	3.736        GBP
25p ordinary	CFD	Short	1366	3.76600292825769        GBP
25p ordinary	CFD	Short	1879	3.74599787120809        GBP
25p ordinary	CFD	Short	1835	3.746        GBP
25p ordinary	CFD	Short	2882	3.73400069396253        GBP
25p ordinary	CFD	Short	4971	3.72604290278817        GBP
25p ordinary	CFD	Short	40303	3.7239999503759        GBP
25p ordinary	CFD	Short	1935	3.724186        GBP
25p ordinary	CFD	Short	49	3.7199387755102        GBP
25p ordinary	CFD	Short	3561	3.724        GBP
25p ordinary	CFD	Short	403	3.72614888337469        GBP
25p ordinary	CFD	Short	37599	3.73630357        GBP
25p ordinary	CFD	Short	67819	3.72096297248559        GBP
25p ordinary	CFD	Short	23155	3.68906093631138        GBP
25p ordinary	CFD	Short	1783	3.67005496354459        GBP
25p ordinary	CFD	Short	19	3.68915789473684        GBP
25p ordinary	CFD	Short	4	3.715        GBP
25p ordinary	CFD	Short	646	3.74600619195046        GBP
25p ordinary	CFD	Short	669	3.74599402092676        GBP
25p ordinary	CFD	Short	2951	3.67199932226364        GBP
25p ordinary	CFD	Short	1304	3.66799846625767        GBP
25p ordinary	CFD	Short	1115	3.68499551569507        GBP
25p ordinary	CFD	Short	859	3.76599534342258        GBP
25p ordinary	CFD	Short	843	3.76600237247924        GBP
25p ordinary	CFD	Short	637	3.73599686028257        GBP
25p ordinary	CFD	Short	598	3.74600334448161        GBP
25p ordinary	CFD	Short	618	3.74600323624595        GBP
25p ordinary	CFD	Short	3702	3.67199891950297        GBP
25p ordinary	CFD	Short	11438	3.681094        GBP
25p ordinary	CFD	Short	666	3.6789        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 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