Form 8.3 BRITISH LAND COMPANY PLC, THE

Barclays PLC

25 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:				24 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:			8,946,857	0.89%	6,831,008	0.68%
(2)	Cash-settled derivatives:
				6,727,070	0.67%	4,243,307	0.42%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			15,673,927	1.57%	11,074,315	1.11%
(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		177,180		4.0842  GBP
25p ordinary		Purchase		125,179		4.0840  GBP
25p ordinary		Purchase		93,709		4.1041  GBP
25p ordinary		Purchase		67,432		4.1476  GBP
25p ordinary		Purchase		65,651		4.1259  GBP
25p ordinary		Purchase		49,612		4.1487  GBP
25p ordinary		Purchase		44,865		4.1467  GBP
25p ordinary		Purchase		37,466		4.1494  GBP
25p ordinary		Purchase		31,097		4.1324  GBP
25p ordinary		Purchase		28,996		4.1424  GBP
25p ordinary		Purchase		18,397		4.1486  GBP
25p ordinary		Purchase		18,249		4.0977  GBP
25p ordinary		Purchase		17,406		4.1595  GBP
25p ordinary		Purchase		15,295		4.0923  GBP
25p ordinary		Purchase		11,973		4.1249  GBP
25p ordinary		Purchase		11,743		4.1534  GBP
25p ordinary		Purchase		10,687		4.1618  GBP
25p ordinary		Purchase		8,514		4.0957  GBP
25p ordinary		Purchase		7,223		4.1561  GBP
25p ordinary		Purchase		6,558		4.1458  GBP
25p ordinary		Purchase		6,182		4.1185  GBP
25p ordinary		Purchase		5,508		4.1483  GBP
25p ordinary		Purchase		5,454		4.0882  GBP
25p ordinary		Purchase		5,383		4.1480  GBP
25p ordinary		Purchase		4,474		4.0974  GBP
25p ordinary		Purchase		3,758		4.1639  GBP
25p ordinary		Purchase		3,718		4.1397  GBP
25p ordinary		Purchase		2,915		4.1779  GBP
25p ordinary		Purchase		2,315		4.1325  GBP
25p ordinary		Purchase		1,986		4.1348  GBP
25p ordinary		Purchase		1,913		4.1546  GBP
25p ordinary		Purchase		1,867		4.0935  GBP
25p ordinary		Purchase		1,512		4.1400  GBP
25p ordinary		Purchase		1,456		4.1880  GBP
25p ordinary		Purchase		1,408		4.1435  GBP
25p ordinary		Purchase		1,331		4.1380  GBP
25p ordinary		Purchase		1,026		4.1740  GBP
25p ordinary		Purchase		961		4.1300  GBP
25p ordinary		Purchase		814		4.1713  GBP
25p ordinary		Purchase		700		4.0814  GBP
25p ordinary		Purchase		691		4.0760  GBP
25p ordinary		Purchase		677		4.1220  GBP
25p ordinary		Purchase		666		4.1620  GBP
25p ordinary		Purchase		604		4.1694  GBP
25p ordinary		Purchase		395		4.1650  GBP
25p ordinary		Purchase		394		4.1750  GBP
25p ordinary		Purchase		369		4.1720  GBP
25p ordinary		Purchase		276		4.0880  GBP
25p ordinary		Purchase		272		4.0920  GBP
25p ordinary		Purchase		254		4.1960  GBP
25p ordinary		Purchase		184		4.1240  GBP
25p ordinary		Purchase		144		4.0800  GBP
25p ordinary		Purchase		123		4.1260  GBP
25p ordinary		Purchase		118		4.1340  GBP
25p ordinary		Purchase		89		4.0900  GBP
25p ordinary		Purchase		69		4.0780  GBP
25p ordinary		Purchase		68		4.1100  GBP
25p ordinary		Purchase		57		4.1900  GBP
25p ordinary		Purchase		55		4.0940  GBP
25p ordinary		Purchase		55		4.1020  GBP
25p ordinary		Purchase		53		4.1700  GBP
25p ordinary		Purchase		43		4.1680  GBP
25p ordinary		Purchase		35		4.1640  GBP
25p ordinary		Purchase		20		4.1278  GBP
25p ordinary		Purchase		2		4.1860  GBP
25p ordinary		Purchase		2		4.1780  GBP
25p ordinary		Purchase		2		4.1910  GBP
25p ordinary		Purchase		1		4.1820  GBP
25p ordinary		Purchase		1		4.1800  GBP
25p ordinary		Sale		172,886		4.0840  GBP
25p ordinary		Sale		87,557		4.1676  GBP
25p ordinary		Sale		62,733		4.0838  GBP
25p ordinary		Sale		58,166		4.0831  GBP
25p ordinary		Sale		55,050		4.1105  GBP
25p ordinary		Sale		47,293		4.1082  GBP
25p ordinary		Sale		31,030		4.1327  GBP
25p ordinary		Sale		20,562		4.0846  GBP
25p ordinary		Sale		20,093		4.1755  GBP
25p ordinary		Sale		11,867		4.1437  GBP
25p ordinary		Sale		11,700		4.1207  GBP
25p ordinary		Sale		7,518		4.1528  GBP
25p ordinary		Sale		7,081		4.1799  GBP
25p ordinary		Sale		5,800		4.1722  GBP
25p ordinary		Sale		3,542		4.1591  GBP
25p ordinary		Sale		2,595		4.1880  GBP
25p ordinary		Sale		2,549		4.1645  GBP
25p ordinary		Sale		2,440		4.1340  GBP
25p ordinary		Sale		1,833		4.1860  GBP
25p ordinary		Sale		1,566		4.1639  GBP
25p ordinary		Sale		1,416		4.0819  GBP
25p ordinary		Sale		1,100		4.1242  GBP
25p ordinary		Sale		961		4.1300  GBP
25p ordinary		Sale		960		4.1757  GBP
25p ordinary		Sale		876		4.1236  GBP
25p ordinary		Sale		876		4.1655  GBP
25p ordinary		Sale		801		4.1807  GBP
25p ordinary		Sale		747		4.1248  GBP
25p ordinary		Sale		666		4.1620  GBP
25p ordinary		Sale		661		4.1380  GBP
25p ordinary		Sale		588		4.1720  GBP
25p ordinary		Sale		533		4.1059  GBP
25p ordinary		Sale		377		4.1721  GBP
25p ordinary		Sale		376		4.1260  GBP
25p ordinary		Sale		276		4.0880  GBP
25p ordinary		Sale		254		4.1960  GBP
25p ordinary		Sale		202		4.1249  GBP
25p ordinary		Sale		184		4.1240  GBP
25p ordinary		Sale		144		4.0800  GBP
25p ordinary		Sale		89		4.0900  GBP
25p ordinary		Sale		76		4.1615  GBP
25p ordinary		Sale		70		4.1740  GBP
25p ordinary		Sale		69		4.0780  GBP
25p ordinary		Sale		68		4.1100  GBP
25p ordinary		Sale		57		4.1900  GBP
25p ordinary		Sale		55		4.1020  GBP
25p ordinary		Sale		55		4.0940  GBP
25p ordinary		Sale		43		4.1680  GBP
25p ordinary		Sale		35		4.1640  GBP
25p ordinary		Sale		28		4.1700  GBP
25p ordinary		Sale		6		4.1220  GBP
25p ordinary		Sale		3		4.1801  GBP
25p ordinary		Sale		2		4.1910  GBP
25p ordinary		Sale		2		4.1921  GBP
25p ordinary		Sale		1		4.1820  GBP
25p ordinary		Sale		1		4.1800  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		Decreasing Long		8,346	4.1232  GBP
25p ordinary		SWAP		Increasing Long		1,416	4.0819  GBP
25p ordinary		SWAP		Increasing Long		58,166	4.0831  GBP
25p ordinary		SWAP		Increasing Long		62,733	4.0838  GBP
25p ordinary		SWAP		Increasing Long		31,007	4.0840  GBP
25p ordinary		SWAP		Increasing Long		2,226	4.0948  GBP
25p ordinary		SWAP		Increasing Long		3,197	4.0997  GBP
25p ordinary		SWAP		Increasing Long		533	4.1059  GBP
25p ordinary		SWAP		Increasing Long		11,700	4.1207  GBP
25p ordinary		SWAP		Increasing Long		2,652	4.1209  GBP
25p ordinary		SWAP		Increasing Long		1,100	4.1242  GBP
25p ordinary		SWAP		Increasing Long		202	4.1249  GBP
25p ordinary		SWAP		Increasing Long		730	4.1298  GBP
25p ordinary		SWAP		Increasing Long		1,399	4.1302  GBP
25p ordinary		SWAP		Increasing Long		31,030	4.1327  GBP
25p ordinary		SWAP		Increasing Long		7,518	4.1528  GBP
25p ordinary		SWAP		Increasing Long		76	4.1616  GBP
25p ordinary		SWAP		Increasing Long		1,566	4.1639  GBP
25p ordinary		SWAP		Increasing Long		2,549	4.1645  GBP
25p ordinary		SWAP		Increasing Long		87,557	4.1676  GBP
25p ordinary		SWAP		Increasing Long		7,082	4.1799  GBP
25p ordinary		SWAP		Increasing Long		6	4.1850  GBP
25p ordinary		SWAP		Increasing Long		140	4.1855  GBP
25p ordinary		SWAP		Increasing Long		41	4.1856  GBP
25p ordinary		SWAP		Decreasing Long		3,577	4.0840  GBP
25p ordinary		SWAP		Decreasing Long		177,180	4.0842  GBP
25p ordinary		SWAP		Decreasing Long		2,011	4.0876  GBP
25p ordinary		SWAP		Decreasing Long		1,867	4.0935  GBP
25p ordinary		SWAP		Decreasing Long		8,514	4.0957  GBP
25p ordinary		SWAP		Decreasing Long		19,205	4.1014  GBP
25p ordinary		SWAP		Decreasing Long		17,933	4.1025  GBP
25p ordinary		SWAP		Decreasing Long		11,973	4.1249  GBP
25p ordinary		SWAP		Decreasing Long		17,002	4.1302  GBP
25p ordinary		SWAP		Decreasing Long		283	4.1378  GBP
25p ordinary		SWAP		Decreasing Long		42,340	4.1404  GBP
25p ordinary		SWAP		Decreasing Long		44,865	4.1467  GBP
25p ordinary		SWAP		Decreasing Long		67,432	4.1476  GBP
25p ordinary		SWAP		Decreasing Long		18,247	4.1477  GBP
25p ordinary		SWAP		Decreasing Long		11,743	4.1534  GBP
25p ordinary		SWAP		Decreasing Long		194	4.1542  GBP
25p ordinary		SWAP		Decreasing Long		1,913	4.1546  GBP
25p ordinary		SWAP		Decreasing Long		10,687	4.1618  GBP
25p ordinary		SWAP		Decreasing Long		2	4.1640  GBP
25p ordinary		SWAP		Decreasing Long		446	4.1690  GBP
25p ordinary		SWAP		Decreasing Long		52,731	4.1726  GBP
25p ordinary		SWAP		Decreasing Long		24,007	4.1756  GBP
25p ordinary		CFD		Increasing Long		133	4.0839  GBP
25p ordinary		CFD		Increasing Long		11,867	4.1437  GBP
25p ordinary		CFD		Increasing Long		2,186	4.1680  GBP
25p ordinary		CFD		Increasing Long		3,046	4.1698  GBP
25p ordinary		CFD		Decreasing Long		10,806	4.0839  GBP
25p ordinary		CFD		Decreasing Long		3,052	4.1117  GBP
25p ordinary		CFD		Decreasing Long		1,191	4.1595  GBP
25p ordinary		CFD		Decreasing Long		1,571	4.1606  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:				25 Feb 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END