Form 8.5 (EPT/RI) - British Land Co

UBS AG (EPT)

25 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:	24 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	504727	3.54200        GBP	3.47200        GBP
25p ordinary	Sell	676408	3.54200        GBP	3.47200        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	245	3.5080612244898        GBP
25p ordinary	CFD	Long	206438	3.482        GBP
25p ordinary	CFD	Long	657	3.492413        GBP
25p ordinary	CFD	Long	24752	3.49177751335852        GBP
25p ordinary	CFD	Long	28	3.50875223392857        GBP
25p ordinary	CFD	Long	40	3.472        GBP
25p ordinary	CFD	Long	51	3.526922        GBP
25p ordinary	CFD	Long	32	3.51222314        GBP
25p ordinary	CFD	Long	8	3.501        GBP
25p ordinary	CFD	Long	58268	3.48927572        GBP
25p ordinary	CFD	Long	6431	3.50571264074016        GBP
25p ordinary	CFD	Long	74402	3.49581154505779        GBP
25p ordinary	CFD	Long	27397	3.49321561075045        GBP
25p ordinary	CFD	Long	14738	3.518751        GBP
25p ordinary	CFD	Long	7563	3.49013195821764        GBP
25p ordinary	CFD	Long	230	3.493666        GBP
25p ordinary	CFD	Long	18	3.48011237        GBP
25p ordinary	CFD	Long	1083	3.49354901385042        GBP
25p ordinary	CFD	Long	246	3.478        GBP
25p ordinary	CFD	Long	971	3.4971373204        GBP
25p ordinary	CFD	Long	8993	3.509084        GBP
25p ordinary	CFD	Short	48198	3.49670993647703        GBP
25p ordinary	CFD	Short	6078	3.51190240298453        GBP
25p ordinary	CFD	Short	8115	3.51125640542575        GBP
25p ordinary	CFD	Short	27896	3.50024428        GBP
25p ordinary	CFD	Short	11907	3.482174        GBP
25p ordinary	CFD	Short	7605	3.500973        GBP
25p ordinary	CFD	Short	8	3.501        GBP
25p ordinary	CFD	Short	91	3.506        GBP
25p ordinary	CFD	Short	11902	3.482        GBP
25p ordinary	CFD	Short	40	3.472        GBP
25p ordinary	CFD	Short	47851	3.50617935        GBP
25p ordinary	CFD	Short	1509	3.47821074        GBP
25p ordinary	CFD	Short	11960	3.51190844341137        GBP
25p ordinary	CFD	Short	23479	3.5193496379        GBP
25p ordinary	CFD	Short	38856	3.496135        GBP
25p ordinary	CFD	Short	1248	3.493        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:	25 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