Form 8.3 BRITISH LAND COMPANY PLC, THE

Barclays PLC

10 February 2026

 

FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR
MORE
Rule 8.3 of the Takeover Code (the "Code")
1.				KEY INFORMATION
(a)	Full name of discloser:				Barclays PLC.
(b)	Owner or controller of interest and short
	positions disclosed, if different from 1(a):
(c)	Name of offeror/offeree in relation to whose				BRITISH LAND COMPANY PLC, THE
	relevant securities this form relates:
(d)	If an exempt fund manager connected with an
	offeror/offeree, state this and specify identity of
	offeror/offeree:
(e)	Date position held/dealing undertaken:				09 Feb 2026
(f)	In addition to the company in 1(c) above, is the discloser making				YES:
	disclosures in respect of any other party to the offer?				LIFE SCIENCE REIT PLC
2.				POSITIONS OF THE PERSON MAKING THE DISCLOSURE
(a)	Interests and short positions in the relevant securities of the offeror or offeree
	to which the disclosure relates following the dealing(if any)
Class of relevant security:				25p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			7,966,836	0.80%	5,765,248	0.58%
(2)	Cash-settled derivatives:
				5,587,498	0.56%	2,883,261	0.29%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			13,554,334	1.36%	8,648,509	0.86%
(b)	Rights to subscribe for new securities (including directors and other executive
	options)
Class of relevant security in relation to
which subscription right exists
Details, including nature of the rights
concerned and relevant percentages:
3.				DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
(a)	Purchases and sales
Class of relevant		Purchase/sale		Number of		Price per unit
security				securities
25p ordinary		Purchase		1,066,429		3.9968  GBP
25p ordinary		Purchase		356,049		4.0398  GBP
25p ordinary		Purchase		322,684		4.0560  GBP
25p ordinary		Purchase		250,378		4.0111  GBP
25p ordinary		Purchase		99,064		4.0200  GBP
25p ordinary		Purchase		81,526		4.0364  GBP
25p ordinary		Purchase		61,910		4.0037  GBP
25p ordinary		Purchase		42,166		4.0026  GBP
25p ordinary		Purchase		35,934		4.0355  GBP
25p ordinary		Purchase		35,824		4.0613  GBP
25p ordinary		Purchase		34,082		4.0116  GBP
25p ordinary		Purchase		33,629		4.0177  GBP
25p ordinary		Purchase		30,130		4.0226  GBP
25p ordinary		Purchase		29,096		4.0388  GBP
25p ordinary		Purchase		27,671		4.0189  GBP
25p ordinary		Purchase		26,768		4.0192  GBP
25p ordinary		Purchase		25,158		3.9986  GBP
25p ordinary		Purchase		22,200		4.0416  GBP
25p ordinary		Purchase		21,292		4.0330  GBP
25p ordinary		Purchase		19,404		4.0080  GBP
25p ordinary		Purchase		17,684		4.0391  GBP
25p ordinary		Purchase		16,861		4.0214  GBP
25p ordinary		Purchase		15,082		4.0469  GBP
25p ordinary		Purchase		14,689		4.0163  GBP
25p ordinary		Purchase		12,500		4.0074  GBP
25p ordinary		Purchase		12,441		4.0020  GBP
25p ordinary		Purchase		11,472		3.9980  GBP
25p ordinary		Purchase		11,453		3.9997  GBP
25p ordinary		Purchase		10,681		4.0040  GBP
25p ordinary		Purchase		10,425		4.0556  GBP
25p ordinary		Purchase		9,831		4.0489  GBP
25p ordinary		Purchase		8,801		4.0120  GBP
25p ordinary		Purchase		7,991		3.9960  GBP
25p ordinary		Purchase		7,396		4.0060  GBP
25p ordinary		Purchase		7,178		3.9700  GBP
25p ordinary		Purchase		7,031		4.0385  GBP
25p ordinary		Purchase		6,831		4.0000  GBP
25p ordinary		Purchase		6,469		4.0278  GBP
25p ordinary		Purchase		5,546		3.9983  GBP
25p ordinary		Purchase		4,994		3.9900  GBP
25p ordinary		Purchase		4,659		3.9862  GBP
25p ordinary		Purchase		3,601		4.0100  GBP
25p ordinary		Purchase		3,303		4.0175  GBP
25p ordinary		Purchase		3,041		3.9760  GBP
25p ordinary		Purchase		2,659		4.0180  GBP
25p ordinary		Purchase		2,158		4.0585  GBP
25p ordinary		Purchase		1,843		3.9740  GBP
25p ordinary		Purchase		1,676		3.9940  GBP
25p ordinary		Purchase		1,675		4.0170  GBP
25p ordinary		Purchase		1,583		4.0232  GBP
25p ordinary		Purchase		1,568		3.9839  GBP
25p ordinary		Purchase		1,550		4.0325  GBP
25p ordinary		Purchase		1,538		4.0400  GBP
25p ordinary		Purchase		1,283		3.9720  GBP
25p ordinary		Purchase		1,260		4.0512  GBP
25p ordinary		Purchase		1,037		3.9780  GBP
25p ordinary		Purchase		970		4.0050  GBP
25p ordinary		Purchase		969		3.9820  GBP
25p ordinary		Purchase		854		4.0160  GBP
25p ordinary		Purchase		776		3.9800  GBP
25p ordinary		Purchase		742		3.9840  GBP
25p ordinary		Purchase		739		3.9920  GBP
25p ordinary		Purchase		519		4.0380  GBP
ADR		Purchase		376		5.4606  USD
25p ordinary		Purchase		349		4.0140  GBP
25p ordinary		Purchase		197		3.9860  GBP
ADR		Purchase		168		5.3800  USD
25p ordinary		Sale		365,128		4.0560  GBP
25p ordinary		Sale		251,751		3.9965  GBP
25p ordinary		Sale		204,226		3.9778  GBP
25p ordinary		Sale		187,926		4.0376  GBP
25p ordinary		Sale		182,802		4.0114  GBP
25p ordinary		Sale		176,970		4.0202  GBP
25p ordinary		Sale		168,080		3.9887  GBP
25p ordinary		Sale		140,145		4.0134  GBP
25p ordinary		Sale		92,870		4.0199  GBP
25p ordinary		Sale		91,290		4.0046  GBP
25p ordinary		Sale		85,530		3.9900  GBP
25p ordinary		Sale		69,292		4.0520  GBP
25p ordinary		Sale		57,209		4.0004  GBP
25p ordinary		Sale		53,342		4.0275  GBP
25p ordinary		Sale		38,317		4.0228  GBP
25p ordinary		Sale		22,463		3.9997  GBP
25p ordinary		Sale		15,931		4.0099  GBP
25p ordinary		Sale		14,870		4.0311  GBP
25p ordinary		Sale		12,441		4.0020  GBP
25p ordinary		Sale		12,109		4.0353  GBP
25p ordinary		Sale		11,943		4.0398  GBP
25p ordinary		Sale		11,472		3.9980  GBP
25p ordinary		Sale		10,681		4.0040  GBP
25p ordinary		Sale		8,801		4.0120  GBP
25p ordinary		Sale		8,655		3.9903  GBP
25p ordinary		Sale		8,571		3.9888  GBP
25p ordinary		Sale		8,215		4.0060  GBP
25p ordinary		Sale		7,991		3.9960  GBP
25p ordinary		Sale		7,623		4.0000  GBP
25p ordinary		Sale		7,178		3.9700  GBP
25p ordinary		Sale		6,885		3.9923  GBP
25p ordinary		Sale		5,947		3.9977  GBP
25p ordinary		Sale		5,626		3.9863  GBP
25p ordinary		Sale		4,942		4.0051  GBP
25p ordinary		Sale		4,900		4.0780  GBP
25p ordinary		Sale		4,870		4.0280  GBP
25p ordinary		Sale		4,757		3.9767  GBP
25p ordinary		Sale		4,487		4.0080  GBP
25p ordinary		Sale		3,723		4.0022  GBP
25p ordinary		Sale		3,601		4.0100  GBP
25p ordinary		Sale		3,463		3.9954  GBP
25p ordinary		Sale		2,827		4.0206  GBP
25p ordinary		Sale		2,617		4.1034  GBP
25p ordinary		Sale		2,532		3.9760  GBP
25p ordinary		Sale		1,843		3.9740  GBP
25p ordinary		Sale		1,807		4.0200  GBP
25p ordinary		Sale		1,780		4.0056  GBP
25p ordinary		Sale		1,676		3.9940  GBP
25p ordinary		Sale		1,459		3.9999  GBP
25p ordinary		Sale		1,446		4.0082  GBP
25p ordinary		Sale		1,283		3.9720  GBP
25p ordinary		Sale		1,222		3.9800  GBP
25p ordinary		Sale		1,037		3.9780  GBP
25p ordinary		Sale		1,030		3.9860  GBP
25p ordinary		Sale		969		3.9820  GBP
25p ordinary		Sale		854		4.0160  GBP
25p ordinary		Sale		839		4.0180  GBP
25p ordinary		Sale		742		3.9840  GBP
25p ordinary		Sale		739		3.9920  GBP
25p ordinary		Sale		490		3.9710  GBP
25p ordinary		Sale		452		4.1244  GBP
ADR		Sale		376		5.4606  USD
25p ordinary		Sale		349		4.0140  GBP
25p ordinary		Sale		191		4.1258  GBP
ADR		Sale		168		5.3800  USD
25p ordinary		Sale		145		4.1040  GBP
25p ordinary		Sale		109		4.0556  GBP
25p ordinary		Sale		62		3.9880  GBP
25p ordinary		Sale		6		4.1390  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
25p ordinary		SWAP		Increasing Long		92,620	3.9495  GBP
25p ordinary		SWAP		Increasing Long		45	3.9551  GBP
25p ordinary		SWAP		Increasing Long		5,947	3.9977  GBP
25p ordinary		SWAP		Increasing Long		140,145	4.0134  GBP
25p ordinary		SWAP		Increasing Long		2,827	4.0206  GBP
25p ordinary		SWAP		Increasing Long		4,759	4.0552  USD
25p ordinary		SWAP		Increasing Long		109	4.0556  GBP
25p ordinary		SWAP		Increasing Long		52,178	4.0560  GBP
25p ordinary		SWAP		Increasing Long		3,432	4.0576  GBP
25p ordinary		SWAP		Increasing Long		90,137	4.0751  GBP
25p ordinary		SWAP		Increasing Long		1,440	4.0929  GBP
25p ordinary		SWAP		Increasing Long		2,617	4.1034  GBP
25p ordinary		SWAP		Decreasing Long		38,743	3.9755  GBP
25p ordinary		SWAP		Decreasing Long		823	3.9803  GBP
25p ordinary		SWAP		Decreasing Long		7,785	3.9899  GBP
25p ordinary		SWAP		Decreasing Long		400	3.9975  GBP
25p ordinary		SWAP		Decreasing Long		61,910	4.0037  GBP
25p ordinary		SWAP		Decreasing Long		375	4.0069  GBP
25p ordinary		SWAP		Decreasing Long		1,124	4.0106  GBP
25p ordinary		SWAP		Decreasing Long		250,378	4.0111  GBP
25p ordinary		SWAP		Decreasing Long		53,605	4.0173  GBP
25p ordinary		SWAP		Decreasing Long		33,629	4.0177  GBP
25p ordinary		SWAP		Decreasing Long		38,824	4.0206  GBP
25p ordinary		SWAP		Decreasing Long		30,130	4.0226  GBP
25p ordinary		SWAP		Decreasing Long		8,854	4.0261  GBP
25p ordinary		SWAP		Decreasing Long		2,381	4.0279  GBP
25p ordinary		SWAP		Decreasing Long		17,684	4.0391  GBP
25p ordinary		SWAP		Decreasing Long		134	4.0416  GBP
25p ordinary		SWAP		Decreasing Long		4,650	4.0439  GBP
25p ordinary		SWAP		Decreasing Long		41,789	4.0469  GBP
25p ordinary		SWAP		Decreasing Long		57,404	4.0500  GBP
25p ordinary		SWAP		Decreasing Long		1,260	4.0512  GBP
25p ordinary		SWAP		Decreasing Long		22,488	4.0560  GBP
25p ordinary		SWAP		Decreasing Long		69,753	4.0562  GBP
25p ordinary		SWAP		Decreasing Long		28,335	4.0578  GBP
25p ordinary		SWAP		Decreasing Long		2,794	4.0595  GBP
25p ordinary		CFD		Increasing Long		276	4.0117  GBP
25p ordinary		CFD		Increasing Long		176,970	4.0201  GBP
25p ordinary		CFD		Increasing Long		18,304	4.0446  GBP
25p ordinary		CFD		Increasing Long		34,180	4.0556  GBP
25p ordinary		CFD		Decreasing Long		168	3.9702  GBP
25p ordinary		CFD		Decreasing Long		47,308	4.0171  GBP
25p ordinary		CFD		Decreasing Long		8,020	4.0323  GBP
25p ordinary		CFD		Decreasing Long		10,425	4.0556  GBP
25p ordinary		CFD		Decreasing Long		130,721	4.0560  GBP
25p ordinary		CFD		Decreasing Long		14,356	4.0562  GBP
25p ordinary		CFD		Decreasing Long		35,824	4.0613  GBP
(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercise
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						applicable)
4.				OTHER INFORMATION
(a)	Indemnity and other dealings 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:
NONE
(b)	Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between
the person 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 of future acquisition or disposal of any relevant securities to which
any derivative is referenced:
NONE
(c)	Attachments
Is a Supplemental Form 8 (Open Positions) attached?				NO
Date of disclosure:				10 Feb 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END