Form 8.3 BRITISH LAND COMPANY PLC, THE

Barclays PLC

26 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:				25 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:			9,407,680	0.94%	6,755,637	0.68%
(2)	Cash-settled derivatives:
				6,679,935	0.67%	4,542,743	0.45%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			16,087,615	1.61%	11,298,380	1.13%
(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		297,597		4.1237  GBP
25p ordinary		Purchase		213,908		4.1214  GBP
25p ordinary		Purchase		107,317		4.1260  GBP
25p ordinary		Purchase		106,004		4.1251  GBP
25p ordinary		Purchase		86,813		4.1135  GBP
25p ordinary		Purchase		26,389		4.1107  GBP
25p ordinary		Purchase		23,684		4.1234  GBP
25p ordinary		Purchase		15,836		4.1127  GBP
25p ordinary		Purchase		10,542		4.1290  GBP
25p ordinary		Purchase		9,376		4.1152  GBP
25p ordinary		Purchase		9,137		4.1119  GBP
25p ordinary		Purchase		6,494		4.1177  GBP
25p ordinary		Purchase		5,870		4.1198  GBP
25p ordinary		Purchase		5,751		4.1151  GBP
25p ordinary		Purchase		5,311		4.1117  GBP
25p ordinary		Purchase		5,080		4.1040  GBP
25p ordinary		Purchase		3,667		4.1091  GBP
25p ordinary		Purchase		3,165		4.1130  GBP
25p ordinary		Purchase		2,865		4.1218  GBP
25p ordinary		Purchase		2,861		4.1120  GBP
25p ordinary		Purchase		2,829		4.1100  GBP
25p ordinary		Purchase		2,531		4.1241  GBP
25p ordinary		Purchase		2,370		4.1220  GBP
25p ordinary		Purchase		2,336		4.1240  GBP
25p ordinary		Purchase		2,300		4.1200  GBP
25p ordinary		Purchase		2,200		4.1178  GBP
25p ordinary		Purchase		2,129		4.1229  GBP
25p ordinary		Purchase		2,035		4.1041  GBP
25p ordinary		Purchase		1,868		4.1253  GBP
25p ordinary		Purchase		1,487		4.1149  GBP
25p ordinary		Purchase		1,434		4.1304  GBP
25p ordinary		Purchase		1,390		4.1280  GBP
25p ordinary		Purchase		1,375		4.1018  GBP
25p ordinary		Purchase		1,214		4.1020  GBP
25p ordinary		Purchase		1,105		4.1140  GBP
25p ordinary		Purchase		977		4.1190  GBP
25p ordinary		Purchase		935		4.1160  GBP
25p ordinary		Purchase		787		4.1400  GBP
25p ordinary		Purchase		391		4.1180  GBP
25p ordinary		Purchase		370		4.1000  GBP
25p ordinary		Purchase		341		4.0980  GBP
25p ordinary		Purchase		178		4.0960  GBP
25p ordinary		Purchase		61		4.0920  GBP
25p ordinary		Purchase		61		4.1221  GBP
25p ordinary		Purchase		53		4.0720  GBP
25p ordinary		Sale		133,057		4.1259  GBP
25p ordinary		Sale		93,215		4.1260  GBP
25p ordinary		Sale		37,306		4.1268  GBP
25p ordinary		Sale		27,414		4.1228  GBP
25p ordinary		Sale		26,107		4.1111  GBP
25p ordinary		Sale		16,601		4.1110  GBP
25p ordinary		Sale		13,174		4.1119  GBP
25p ordinary		Sale		12,000		4.1201  GBP
25p ordinary		Sale		10,488		4.1126  GBP
25p ordinary		Sale		9,796		4.1134  GBP
25p ordinary		Sale		8,210		4.1070  GBP
25p ordinary		Sale		7,050		4.1151  GBP
25p ordinary		Sale		5,436		4.1107  GBP
25p ordinary		Sale		5,302		4.1135  GBP
25p ordinary		Sale		4,091		4.1169  GBP
25p ordinary		Sale		3,254		4.1120  GBP
25p ordinary		Sale		3,159		4.1113  GBP
25p ordinary		Sale		2,763		4.1099  GBP
25p ordinary		Sale		2,300		4.1200  GBP
25p ordinary		Sale		2,296		4.1240  GBP
25p ordinary		Sale		2,223		4.1220  GBP
25p ordinary		Sale		2,084		4.1100  GBP
25p ordinary		Sale		1,980		4.1040  GBP
25p ordinary		Sale		1,959		4.1046  GBP
25p ordinary		Sale		1,604		4.1034  GBP
25p ordinary		Sale		1,390		4.1280  GBP
25p ordinary		Sale		1,214		4.1020  GBP
25p ordinary		Sale		1,200		4.1036  GBP
25p ordinary		Sale		1,198		4.1180  GBP
25p ordinary		Sale		1,105		4.1140  GBP
25p ordinary		Sale		1,046		4.1000  GBP
25p ordinary		Sale		822		4.1050  GBP
25p ordinary		Sale		722		4.1160  GBP
25p ordinary		Sale		698		4.1029  GBP
25p ordinary		Sale		565		4.1219  GBP
25p ordinary		Sale		370		4.1001  GBP
25p ordinary		Sale		341		4.0980  GBP
25p ordinary		Sale		199		4.1158  GBP
25p ordinary		Sale		194		4.1190  GBP
25p ordinary		Sale		178		4.0960  GBP
25p ordinary		Sale		62		4.0920  GBP
25p ordinary		Sale		53		4.0720  GBP
25p ordinary		Sale		4		4.1025  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		1	4.0920  GBP
25p ordinary		SWAP		Increasing Long		55	4.0987  GBP
25p ordinary		SWAP		Increasing Long		146	4.0990  GBP
25p ordinary		SWAP		Increasing Long		698	4.1029  GBP
25p ordinary		SWAP		Increasing Long		4	4.1031  GBP
25p ordinary		SWAP		Increasing Long		1,200	4.1036  GBP
25p ordinary		SWAP		Increasing Long		1,959	4.1046  GBP
25p ordinary		SWAP		Increasing Long		566	4.1110  GBP
25p ordinary		SWAP		Increasing Long		26,207	4.1111  GBP
25p ordinary		SWAP		Increasing Long		3,159	4.1112  GBP
25p ordinary		SWAP		Increasing Long		1,053	4.1120  GBP
25p ordinary		SWAP		Increasing Long		5,302	4.1135  GBP
25p ordinary		SWAP		Increasing Long		156	4.1152  GBP
25p ordinary		SWAP		Increasing Long		58	4.1158  GBP
25p ordinary		SWAP		Increasing Long		707	4.1169  GBP
25p ordinary		SWAP		Increasing Long		409	4.1185  GBP
25p ordinary		SWAP		Increasing Long		27,414	4.1228  GBP
25p ordinary		SWAP		Increasing Long		109	4.1233  GBP
25p ordinary		SWAP		Increasing Long		18,921	4.1251  GBP
25p ordinary		SWAP		Increasing Long		3,318	4.1253  GBP
25p ordinary		SWAP		Increasing Long		7,256	4.1260  GBP
25p ordinary		SWAP		Decreasing Long		38,046	4.1096  GBP
25p ordinary		SWAP		Decreasing Long		26,389	4.1107  GBP
25p ordinary		SWAP		Decreasing Long		25,570	4.1111  GBP
25p ordinary		SWAP		Decreasing Long		90	4.1123  GBP
25p ordinary		SWAP		Decreasing Long		3,165	4.1130  GBP
25p ordinary		SWAP		Decreasing Long		5,476	4.1139  GBP
25p ordinary		SWAP		Decreasing Long		16,893	4.1146  GBP
25p ordinary		SWAP		Decreasing Long		9,376	4.1152  GBP
25p ordinary		SWAP		Decreasing Long		48,767	4.1164  GBP
25p ordinary		SWAP		Decreasing Long		14,917	4.1186  GBP
25p ordinary		SWAP		Decreasing Long		783	4.1190  GBP
25p ordinary		SWAP		Decreasing Long		90	4.1203  GBP
25p ordinary		SWAP		Decreasing Long		147	4.1220  GBP
25p ordinary		SWAP		Decreasing Long		61	4.1221  GBP
25p ordinary		SWAP		Decreasing Long		23,684	4.1234  GBP
25p ordinary		SWAP		Decreasing Long		9,280	4.1257  GBP
25p ordinary		SWAP		Decreasing Long		311	4.1260  GBP
25p ordinary		SWAP		Decreasing Long		234,687	4.1262  GBP
25p ordinary		SWAP		Decreasing Long		10,542	4.1290  GBP
25p ordinary		CFD		Increasing Long		2,312	4.1108  GBP
25p ordinary		CFD		Increasing Long		16,035	4.1110  GBP
25p ordinary		CFD		Increasing Long		398	4.1176  GBP
25p ordinary		CFD		Increasing Long		21,097	4.1258  GBP
25p ordinary		CFD		Increasing Long		232	4.1259  GBP
25p ordinary		CFD		Increasing Long		821	4.1260  GBP
25p ordinary		CFD		Increasing Long		3	4.1266  GBP
25p ordinary		CFD		Decreasing Long		3,312	4.1151  GBP
25p ordinary		CFD		Decreasing Long		802	4.1162  GBP
25p ordinary		CFD		Decreasing Long		13,779	4.1259  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:				26 Feb 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END