Form 8.3 BRITISH LAND COMPANY PLC, THE

Barclays PLC

24 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:				23 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:			8,643,343	0.86%	6,808,607	0.68%
(2)	Cash-settled derivatives:
				6,678,169	0.67%	3,967,146	0.40%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			15,321,512	1.53%	10,775,753	1.08%
(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		337,212		4.2220  GBP
25p ordinary		Purchase		152,580		4.2138  GBP
25p ordinary		Purchase		124,907		4.1692  GBP
25p ordinary		Purchase		106,557		4.1721  GBP
25p ordinary		Purchase		38,520		4.2065  GBP
25p ordinary		Purchase		29,501		4.2110  GBP
25p ordinary		Purchase		22,118		4.2103  GBP
25p ordinary		Purchase		21,737		4.1881  GBP
25p ordinary		Purchase		19,164		4.1700  GBP
25p ordinary		Purchase		12,982		4.2148  GBP
25p ordinary		Purchase		10,528		4.2112  GBP
25p ordinary		Purchase		8,554		4.1979  GBP
25p ordinary		Purchase		6,666		4.2122  GBP
25p ordinary		Purchase		6,201		4.2008  GBP
25p ordinary		Purchase		5,426		4.1835  GBP
25p ordinary		Purchase		5,322		4.2000  GBP
25p ordinary		Purchase		4,677		4.1847  GBP
25p ordinary		Purchase		4,243		4.2178  GBP
25p ordinary		Purchase		2,732		4.2101  GBP
25p ordinary		Purchase		2,570		4.1867  GBP
25p ordinary		Purchase		2,461		4.2180  GBP
25p ordinary		Purchase		2,220		4.2092  GBP
25p ordinary		Purchase		2,153		4.1980  GBP
25p ordinary		Purchase		2,126		4.2049  GBP
25p ordinary		Purchase		1,800		4.1859  GBP
25p ordinary		Purchase		1,653		4.1860  GBP
25p ordinary		Purchase		1,626		4.2020  GBP
25p ordinary		Purchase		1,347		4.2140  GBP
25p ordinary		Purchase		1,137		4.2131  GBP
25p ordinary		Purchase		912		4.2340  GBP
25p ordinary		Purchase		808		4.2015  GBP
25p ordinary		Purchase		750		4.2070  GBP
25p ordinary		Purchase		626		4.2320  GBP
25p ordinary		Purchase		620		4.2160  GBP
25p ordinary		Purchase		569		4.2300  GBP
25p ordinary		Purchase		558		4.2040  GBP
25p ordinary		Purchase		496		4.2120  GBP
25p ordinary		Purchase		480		4.1830  GBP
25p ordinary		Purchase		453		4.2270  GBP
25p ordinary		Purchase		369		4.2100  GBP
25p ordinary		Purchase		226		4.1960  GBP
25p ordinary		Purchase		193		4.2090  GBP
25p ordinary		Purchase		183		4.1820  GBP
25p ordinary		Purchase		171		4.2200  GBP
25p ordinary		Purchase		160		4.1880  GBP
25p ordinary		Purchase		160		4.1840  GBP
25p ordinary		Purchase		138		4.1955  GBP
25p ordinary		Purchase		129		4.2080  GBP
25p ordinary		Purchase		58		4.2280  GBP
25p ordinary		Sale		161,654		4.1742  GBP
25p ordinary		Sale		153,189		4.2202  GBP
25p ordinary		Sale		152,580		4.2108  GBP
25p ordinary		Sale		47,805		4.2054  GBP
25p ordinary		Sale		37,519		4.1700  GBP
25p ordinary		Sale		33,645		4.2141  GBP
25p ordinary		Sale		31,600		4.2020  GBP
25p ordinary		Sale		25,095		4.2163  GBP
25p ordinary		Sale		24,100		4.1725  GBP
25p ordinary		Sale		22,773		4.2074  GBP
25p ordinary		Sale		18,161		4.2041  GBP
25p ordinary		Sale		17,821		4.2201  GBP
25p ordinary		Sale		17,617		4.2088  GBP
25p ordinary		Sale		16,136		4.2084  GBP
25p ordinary		Sale		15,320		4.2029  GBP
25p ordinary		Sale		13,189		4.2121  GBP
25p ordinary		Sale		11,935		4.2012  GBP
25p ordinary		Sale		10,245		4.2120  GBP
25p ordinary		Sale		8,819		4.2147  GBP
25p ordinary		Sale		8,552		4.1696  GBP
25p ordinary		Sale		6,313		4.1930  GBP
25p ordinary		Sale		5,545		4.1740  GBP
25p ordinary		Sale		5,322		4.2000  GBP
25p ordinary		Sale		4,927		4.2104  GBP
25p ordinary		Sale		3,972		4.1928  GBP
25p ordinary		Sale		3,197		4.2118  GBP
25p ordinary		Sale		2,721		4.2180  GBP
25p ordinary		Sale		2,504		4.2220  GBP
25p ordinary		Sale		2,345		4.2254  GBP
25p ordinary		Sale		1,973		4.1734  GBP
25p ordinary		Sale		1,871		4.2170  GBP
25p ordinary		Sale		1,812		4.1756  GBP
25p ordinary		Sale		1,602		4.2153  GBP
25p ordinary		Sale		1,434		4.2099  GBP
25p ordinary		Sale		1,347		4.2140  GBP
25p ordinary		Sale		1,337		4.2160  GBP
25p ordinary		Sale		1,183		4.1820  GBP
25p ordinary		Sale		849		4.2200  GBP
25p ordinary		Sale		686		4.1980  GBP
25p ordinary		Sale		675		4.2011  GBP
25p ordinary		Sale		626		4.2320  GBP
25p ordinary		Sale		569		4.2300  GBP
25p ordinary		Sale		558		4.2040  GBP
25p ordinary		Sale		453		4.2270  GBP
25p ordinary		Sale		429		4.2080  GBP
25p ordinary		Sale		369		4.2100  GBP
25p ordinary		Sale		364		4.1960  GBP
25p ordinary		Sale		200		4.1922  GBP
25p ordinary		Sale		193		4.2090  GBP
25p ordinary		Sale		181		4.2340  GBP
25p ordinary		Sale		160		4.1840  GBP
25p ordinary		Sale		160		4.1880  GBP
25p ordinary		Sale		100		4.1859  GBP
25p ordinary		Sale		58		4.2280  GBP
25p ordinary		Sale		1		4.1920  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		4,294	4.1693  GBP
25p ordinary		SWAP		Increasing Long		1,267	4.1694  GBP
25p ordinary		SWAP		Increasing Long		8,552	4.1696  GBP
25p ordinary		SWAP		Increasing Long		10,637	4.1700  GBP
25p ordinary		SWAP		Increasing Long		9,795	4.1704  GBP
25p ordinary		SWAP		Increasing Long		24,100	4.1725  GBP
25p ordinary		SWAP		Increasing Long		1,973	4.1734  GBP
25p ordinary		SWAP		Increasing Long		5,545	4.1740  GBP
25p ordinary		SWAP		Increasing Long		1,812	4.1756  GBP
25p ordinary		SWAP		Increasing Long		100	4.1859  GBP
25p ordinary		SWAP		Increasing Long		5,107	4.1885  GBP
25p ordinary		SWAP		Increasing Long		675	4.2011  GBP
25p ordinary		SWAP		Increasing Long		11,935	4.2012  GBP
25p ordinary		SWAP		Increasing Long		8,876	4.2018  GBP
25p ordinary		SWAP		Increasing Long		9,212	4.2033  GBP
25p ordinary		SWAP		Increasing Long		47,805	4.2054  GBP
25p ordinary		SWAP		Increasing Long		756	4.2061  GBP
25p ordinary		SWAP		Increasing Long		736	4.2072  GBP
25p ordinary		SWAP		Increasing Long		22,773	4.2074  GBP
25p ordinary		SWAP		Increasing Long		13,936	4.2099  GBP
25p ordinary		SWAP		Increasing Long		4,927	4.2104  GBP
25p ordinary		SWAP		Increasing Long		152,580	4.2108  GBP
25p ordinary		SWAP		Increasing Long		9,749	4.2119  GBP
25p ordinary		SWAP		Increasing Long		823	4.2143  GBP
25p ordinary		SWAP		Increasing Long		153,189	4.2202  GBP
25p ordinary		SWAP		Increasing Long		483	4.2212  GBP
25p ordinary		SWAP		Decreasing Long		3,843	4.1700  GBP
25p ordinary		SWAP		Decreasing Long		1,796	4.1763  GBP
25p ordinary		SWAP		Decreasing Long		21,621	4.1768  GBP
25p ordinary		SWAP		Decreasing Long		16,179	4.1788  GBP
25p ordinary		SWAP		Decreasing Long		1,413	4.1790  GBP
25p ordinary		SWAP		Decreasing Long		4,677	4.1847  GBP
25p ordinary		SWAP		Decreasing Long		1,111	4.1860  GBP
25p ordinary		SWAP		Decreasing Long		100	4.1863  GBP
25p ordinary		SWAP		Decreasing Long		2,570	4.1867  GBP
25p ordinary		SWAP		Decreasing Long		21,737	4.1881  GBP
25p ordinary		SWAP		Decreasing Long		6,563	4.1886  GBP
25p ordinary		SWAP		Decreasing Long		76,057	4.1889  GBP
25p ordinary		SWAP		Decreasing Long		200	4.1917  GBP
25p ordinary		SWAP		Decreasing Long		808	4.2015  GBP
25p ordinary		SWAP		Decreasing Long		91	4.2023  GBP
25p ordinary		SWAP		Decreasing Long		61,143	4.2076  GBP
25p ordinary		SWAP		Decreasing Long		1,474	4.2091  GBP
25p ordinary		SWAP		Decreasing Long		1,548	4.2108  GBP
25p ordinary		SWAP		Decreasing Long		337,033	4.2220  GBP
25p ordinary		CFD		Increasing Long		11,859	4.1700  GBP
25p ordinary		CFD		Increasing Long		350	4.1817  GBP
25p ordinary		CFD		Increasing Long		18,161	4.2041  GBP
25p ordinary		CFD		Increasing Long		2,503	4.2157  GBP
25p ordinary		CFD		Increasing Long		108	4.2176  GBP
25p ordinary		CFD		Decreasing Long		3	4.1700  GBP
25p ordinary		CFD		Decreasing Long		519	4.1859  GBP
25p ordinary		CFD		Decreasing Long		29,501	4.2110  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:				24 Feb 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END