Form 8.5 (EPT/RI) - British Land Co

UBS AG (EPT)

20 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:	19 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	1083940	3.68250        GBP	3.58199        GBP
25p ordinary	Sell	689715	3.68250        GBP	3.58179        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	92997	3.64128932        GBP
25p ordinary	CFD	Long	16	3.6699375025        GBP
25p ordinary	CFD	Long	3826	3.58457536        GBP
25p ordinary	CFD	Long	40560	3.5901757866642        GBP
25p ordinary	CFD	Long	4335	3.58182        GBP
25p ordinary	CFD	Long	665	3.61719407        GBP
25p ordinary	CFD	Long	181	3.5817679558011        GBP
25p ordinary	CFD	Long	33023	3.6274179834261        GBP
25p ordinary	CFD	Long	89	3.58752808988764        GBP
25p ordinary	CFD	Long	346	3.59005780346821        GBP
25p ordinary	CFD	Long	6690	3.65866308010015        GBP
25p ordinary	CFD	Long	11369	3.64009716        GBP
25p ordinary	CFD	Long	15858	3.582        GBP
25p ordinary	CFD	Long	5	3.638        GBP
25p ordinary	CFD	Long	351	3.59067405128205        GBP
25p ordinary	CFD	Long	9027	3.61545342        GBP
25p ordinary	CFD	Long	533	3.616        GBP
25p ordinary	CFD	Long	22034	3.64056893881411        GBP
25p ordinary	CFD	Long	23131	3.58178505036531        GBP
25p ordinary	CFD	Long	15	3.59998336        GBP
25p ordinary	CFD	Long	1640	3.628415        GBP
25p ordinary	CFD	Short	12306	3.64787577032342        GBP
25p ordinary	CFD	Short	2787	3.62989164        GBP
25p ordinary	CFD	Short	75	3.6204        GBP
25p ordinary	CFD	Short	4281	3.620896        GBP
25p ordinary	CFD	Short	12270	3.6366548734        GBP
25p ordinary	CFD	Short	58566	3.58235204726292        GBP
25p ordinary	CFD	Short	12240	3.6129358        GBP
25p ordinary	CFD	Short	422259	3.582        GBP
25p ordinary	CFD	Short	11	3.67        GBP
25p ordinary	CFD	Short	5	3.638        GBP
25p ordinary	CFD	Short	16	3.6699375025        GBP
25p ordinary	CFD	Short	8425	3.64327537        GBP
25p ordinary	CFD	Short	1588	3.6113677581864        GBP
25p ordinary	CFD	Short	3060	3.61628431372549        GBP
25p ordinary	CFD	Short	13545	3.64025381960576        GBP
25p ordinary	CFD	Short	62082	3.58733561980381        GBP
25p ordinary	CFD	Short	9017	3.582179        GBP
25p ordinary	CFD	Short	1197	3.58221386800334        GBP
25p ordinary	CFD	Short	132	3.58219696969697        GBP
25p ordinary	CFD	Short	22418	3.58200017842805        GBP
25p ordinary	CFD	Short	102	3.647147        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:	20 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