Form 8.3 BRITISH LAND COMPANY PLC, THE

Barclays PLC

02 March 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:				27 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:			10,855,284	1.09%	5,335,386	0.53%
(2)	Cash-settled derivatives:
				5,210,114	0.52%	5,808,686	0.58%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			16,065,398	1.61%	11,144,072	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		1,293,359		4.0821  GBP
25p ordinary		Purchase		661,282		4.1020  GBP
25p ordinary		Purchase		255,376		4.0886  GBP
25p ordinary		Purchase		254,650		4.0800  GBP
25p ordinary		Purchase		183,926		4.1131  GBP
25p ordinary		Purchase		123,648		4.0795  GBP
25p ordinary		Purchase		87,416		4.1135  GBP
25p ordinary		Purchase		50,415		4.1087  GBP
25p ordinary		Purchase		40,990		4.1145  GBP
25p ordinary		Purchase		36,794		4.0851  GBP
25p ordinary		Purchase		32,438		4.1158  GBP
25p ordinary		Purchase		28,653		4.0965  GBP
25p ordinary		Purchase		20,093		4.1207  GBP
25p ordinary		Purchase		20,093		4.1206  GBP
25p ordinary		Purchase		14,865		4.1169  GBP
25p ordinary		Purchase		14,707		4.1064  GBP
25p ordinary		Purchase		14,285		4.1200  GBP
25p ordinary		Purchase		14,009		4.1180  GBP
25p ordinary		Purchase		13,101		4.1124  GBP
25p ordinary		Purchase		12,623		4.1240  GBP
25p ordinary		Purchase		11,556		4.1220  GBP
25p ordinary		Purchase		11,236		4.1073  GBP
25p ordinary		Purchase		9,977		4.1015  GBP
25p ordinary		Purchase		9,824		4.1100  GBP
25p ordinary		Purchase		9,623		4.1260  GBP
25p ordinary		Purchase		9,499		4.1140  GBP
25p ordinary		Purchase		9,130		4.1160  GBP
25p ordinary		Purchase		9,120		4.1174  GBP
25p ordinary		Purchase		8,634		4.0822  GBP
25p ordinary		Purchase		7,887		4.1000  GBP
25p ordinary		Purchase		6,959		4.1141  GBP
25p ordinary		Purchase		6,419		4.0808  GBP
25p ordinary		Purchase		6,187		4.1080  GBP
25p ordinary		Purchase		5,652		4.1060  GBP
25p ordinary		Purchase		5,584		4.1210  GBP
25p ordinary		Purchase		5,557		4.1120  GBP
25p ordinary		Purchase		5,327		4.1139  GBP
25p ordinary		Purchase		5,316		4.1164  GBP
25p ordinary		Purchase		5,217		4.0997  GBP
25p ordinary		Purchase		4,814		4.1128  GBP
25p ordinary		Purchase		4,542		4.1179  GBP
25p ordinary		Purchase		4,054		4.1159  GBP
25p ordinary		Purchase		3,550		4.1014  GBP
25p ordinary		Purchase		3,358		4.1250  GBP
25p ordinary		Purchase		2,076		4.1190  GBP
25p ordinary		Purchase		1,858		4.1040  GBP
25p ordinary		Purchase		1,798		4.1196  GBP
25p ordinary		Purchase		1,584		4.1042  GBP
25p ordinary		Purchase		1,515		4.1230  GBP
25p ordinary		Purchase		1,302		4.1170  GBP
25p ordinary		Purchase		1,291		4.0970  GBP
25p ordinary		Purchase		1,123		4.1280  GBP
25p ordinary		Purchase		933		4.1070  GBP
25p ordinary		Purchase		748		4.1110  GBP
25p ordinary		Purchase		735		4.1150  GBP
25p ordinary		Purchase		711		4.1380  GBP
25p ordinary		Purchase		552		4.1090  GBP
25p ordinary		Purchase		384		4.1010  GBP
25p ordinary		Purchase		350		4.1130  GBP
25p ordinary		Purchase		341		4.0980  GBP
25p ordinary		Purchase		197		4.0960  GBP
25p ordinary		Purchase		181		4.1270  GBP
25p ordinary		Purchase		20		4.0860  GBP
25p ordinary		Sale		562,735		4.0800  GBP
25p ordinary		Sale		307,100		4.0855  GBP
25p ordinary		Sale		198,541		4.0801  GBP
25p ordinary		Sale		58,823		4.1163  GBP
25p ordinary		Sale		54,020		4.1143  GBP
25p ordinary		Sale		47,638		4.1160  GBP
25p ordinary		Sale		45,797		4.0923  GBP
25p ordinary		Sale		28,933		4.1200  GBP
25p ordinary		Sale		21,912		4.1240  GBP
25p ordinary		Sale		21,336		4.1140  GBP
25p ordinary		Sale		20,241		4.1227  GBP
25p ordinary		Sale		16,774		4.0823  GBP
25p ordinary		Sale		15,776		4.1120  GBP
25p ordinary		Sale		15,227		4.1185  GBP
25p ordinary		Sale		11,925		4.1180  GBP
25p ordinary		Sale		11,555		4.1220  GBP
25p ordinary		Sale		11,137		4.0793  GBP
25p ordinary		Sale		10,499		4.1148  GBP
25p ordinary		Sale		10,307		4.0791  GBP
25p ordinary		Sale		9,899		4.1190  GBP
25p ordinary		Sale		8,052		4.1214  GBP
25p ordinary		Sale		7,710		4.1260  GBP
25p ordinary		Sale		6,064		4.1159  GBP
25p ordinary		Sale		5,687		4.1182  GBP
25p ordinary		Sale		5,584		4.1210  GBP
25p ordinary		Sale		5,500		4.0939  GBP
25p ordinary		Sale		4,988		4.1000  GBP
25p ordinary		Sale		4,857		4.1060  GBP
25p ordinary		Sale		4,796		4.1080  GBP
25p ordinary		Sale		4,743		4.1188  GBP
25p ordinary		Sale		4,343		4.1233  GBP
25p ordinary		Sale		4,312		4.1100  GBP
25p ordinary		Sale		4,218		4.1204  GBP
25p ordinary		Sale		3,358		4.1250  GBP
25p ordinary		Sale		2,524		4.0817  GBP
25p ordinary		Sale		2,183		4.1139  GBP
25p ordinary		Sale		2,005		4.1020  GBP
25p ordinary		Sale		1,858		4.1040  GBP
25p ordinary		Sale		1,515		4.1230  GBP
25p ordinary		Sale		1,302		4.1170  GBP
25p ordinary		Sale		1,291		4.0970  GBP
25p ordinary		Sale		1,200		4.1293  GBP
25p ordinary		Sale		1,171		4.0972  GBP
25p ordinary		Sale		1,123		4.1280  GBP
25p ordinary		Sale		1,010		4.1153  GBP
25p ordinary		Sale		933		4.1070  GBP
25p ordinary		Sale		748		4.1110  GBP
25p ordinary		Sale		735		4.1150  GBP
25p ordinary		Sale		717		4.0940  GBP
25p ordinary		Sale		552		4.1090  GBP
25p ordinary		Sale		384		4.1010  GBP
25p ordinary		Sale		350		4.1130  GBP
25p ordinary		Sale		341		4.0980  GBP
25p ordinary		Sale		197		4.0960  GBP
25p ordinary		Sale		181		4.1270  GBP
25p ordinary		Sale		168		4.1380  GBP
25p ordinary		Sale		149		4.0796  GBP
25p ordinary		Sale		20		4.0860  GBP
25p ordinary		Sale		9		4.1053  GBP
25p ordinary		Sale		7		4.0920  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 Short		10,307	4.0791  GBP
25p ordinary		SWAP		Decreasing Short		1,898	4.0791  USD
25p ordinary		SWAP		Decreasing Short		11,137	4.0793  GBP
25p ordinary		SWAP		Decreasing Short		149	4.0796  GBP
25p ordinary		SWAP		Decreasing Short		52,298	4.0800  GBP
25p ordinary		SWAP		Decreasing Short		513	4.0802  GBP
25p ordinary		SWAP		Decreasing Short		191	4.0808  GBP
25p ordinary		SWAP		Decreasing Short		2,524	4.0817  GBP
25p ordinary		SWAP		Decreasing Short		7	4.0916  GBP
25p ordinary		SWAP		Decreasing Short		5,500	4.0939  GBP
25p ordinary		SWAP		Opening Long		1,171	4.0972  GBP
25p ordinary		SWAP		Increasing Long		40	4.0999  GBP
25p ordinary		SWAP		Increasing Long		2	4.1170  GBP
25p ordinary		SWAP		Increasing Long		100	4.1179  GBP
25p ordinary		SWAP		Increasing Long		11,595	4.1185  GBP
25p ordinary		SWAP		Increasing Long		51	4.1188  GBP
25p ordinary		SWAP		Increasing Long		2,183	4.1190  GBP
25p ordinary		SWAP		Increasing Long		3	4.1200  GBP
25p ordinary		SWAP		Increasing Long		12	4.1201  GBP
25p ordinary		SWAP		Increasing Long		4,218	4.1203  GBP
25p ordinary		SWAP		Increasing Long		1,200	4.1293  GBP
25p ordinary		SWAP		Opening Short		491,331	4.0800  GBP
25p ordinary		SWAP		Increasing Short		6,419	4.0808  GBP
25p ordinary		SWAP		Increasing Short		152,630	4.0812  GBP
25p ordinary		SWAP		Increasing Short		8,634	4.0822  GBP
25p ordinary		SWAP		Increasing Short		21,329	4.0826  GBP
25p ordinary		SWAP		Increasing Short		234,047	4.0891  GBP
25p ordinary		SWAP		Increasing Short		720	4.0961  GBP
25p ordinary		SWAP		Increasing Short		70,404	4.1005  GBP
25p ordinary		SWAP		Increasing Short		9,977	4.1015  GBP
25p ordinary		SWAP		Increasing Short		1,584	4.1042  GBP
25p ordinary		SWAP		Increasing Short		14,707	4.1063  GBP
25p ordinary		SWAP		Increasing Short		193	4.1077  GBP
25p ordinary		SWAP		Increasing Short		50,799	4.1087  GBP
25p ordinary		SWAP		Increasing Short		13,551	4.1094  GBP
25p ordinary		SWAP		Increasing Short		1,063	4.1103  GBP
25p ordinary		SWAP		Increasing Short		183,926	4.1131  GBP
25p ordinary		SWAP		Increasing Short		12,381	4.1134  GBP
25p ordinary		SWAP		Increasing Short		87,416	4.1135  GBP
25p ordinary		SWAP		Increasing Short		5,106	4.1139  GBP
25p ordinary		SWAP		Increasing Short		4,280	4.1140  GBP
25p ordinary		SWAP		Increasing Short		27,718	4.1143  GBP
25p ordinary		SWAP		Increasing Short		9,748	4.1148  GBP
25p ordinary		SWAP		Increasing Short		22,861	4.1150  GBP
25p ordinary		SWAP		Increasing Short		10,209	4.1158  GBP
25p ordinary		SWAP		Increasing Short		16,065	4.1161  GBP
25p ordinary		SWAP		Increasing Short		293	4.1168  GBP
25p ordinary		SWAP		Increasing Short		127	4.1200  GBP
25p ordinary		SWAP		Increasing Short		1,903	4.1260  GBP
25p ordinary		CFD		Increasing Long		95,418	4.0800  GBP
25p ordinary		CFD		Increasing Long		646	4.1124  GBP
25p ordinary		CFD		Increasing Long		33	4.1163  GBP
25p ordinary		CFD		Increasing Long		4,343	4.1233  GBP
25p ordinary		CFD		Increasing Long		65	4.1240  GBP
25p ordinary		CFD		Increasing Long		2,724	4.1241  GBP
25p ordinary		CFD		Decreasing Long		143,491	4.0800  GBP
25p ordinary		CFD		Decreasing Long		167,927	4.0803  GBP
25p ordinary		CFD		Decreasing Long		35,736	4.0817  GBP
25p ordinary		CFD		Decreasing Long		919	4.0962  GBP
25p ordinary		CFD		Decreasing Long		3,550	4.1014  GBP
25p ordinary		CFD		Decreasing Long		2,344	4.1146  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:				02 Mar 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END