Form 8.3 BRITISH LAND COMPANY PLC, THE

Barclays PLC

06 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:				05 Mar 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:			11,494,157	1.15%	7,495,138	0.75%
(2)	Cash-settled derivatives:
				7,201,882	0.72%	6,746,434	0.67%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			18,696,039	1.87%	14,241,572	1.42%
(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		338,218		3.8634  GBP
25p ordinary		Purchase		271,180		3.8758  GBP
25p ordinary		Purchase		239,326		3.8580  GBP
25p ordinary		Purchase		165,371		3.8782  GBP
25p ordinary		Purchase		156,557		3.8582  GBP
25p ordinary		Purchase		149,361		3.8616  GBP
25p ordinary		Purchase		132,451		3.9140  GBP
25p ordinary		Purchase		126,470		3.8802  GBP
25p ordinary		Purchase		46,777		3.8783  GBP
25p ordinary		Purchase		46,148		3.8753  GBP
25p ordinary		Purchase		44,085		3.8774  GBP
25p ordinary		Purchase		37,693		3.8767  GBP
25p ordinary		Purchase		17,030		3.8585  GBP
25p ordinary		Purchase		10,590		3.8746  GBP
25p ordinary		Purchase		8,047		3.8875  GBP
25p ordinary		Purchase		7,976		3.8787  GBP
25p ordinary		Purchase		7,181		3.8820  GBP
25p ordinary		Purchase		7,005		3.8694  GBP
25p ordinary		Purchase		6,835		3.8741  GBP
25p ordinary		Purchase		6,726		3.8752  GBP
25p ordinary		Purchase		5,957		3.8728  GBP
25p ordinary		Purchase		5,734		3.8692  GBP
25p ordinary		Purchase		5,672		3.8865  GBP
25p ordinary		Purchase		5,215		3.8751  GBP
25p ordinary		Purchase		5,045		3.8735  GBP
25p ordinary		Purchase		4,542		3.8838  GBP
25p ordinary		Purchase		4,187		3.9144  GBP
25p ordinary		Purchase		3,795		3.8814  GBP
25p ordinary		Purchase		3,768		3.8773  GBP
25p ordinary		Purchase		3,367		3.8911  GBP
25p ordinary		Purchase		2,769		3.8846  GBP
25p ordinary		Purchase		2,667		3.8870  GBP
25p ordinary		Purchase		2,296		3.8745  GBP
25p ordinary		Purchase		2,186		3.8716  GBP
25p ordinary		Purchase		1,961		3.8696  GBP
25p ordinary		Purchase		1,622		3.8660  GBP
25p ordinary		Purchase		1,607		3.8840  GBP
25p ordinary		Purchase		1,348		3.8750  GBP
25p ordinary		Purchase		1,276		3.9260  GBP
25p ordinary		Purchase		1,150		3.9040  GBP
25p ordinary		Purchase		1,093		3.8798  GBP
25p ordinary		Purchase		1,082		3.8887  GBP
25p ordinary		Purchase		1,011		3.8860  GBP
25p ordinary		Purchase		926		3.8740  GBP
25p ordinary		Purchase		840		3.9120  GBP
25p ordinary		Purchase		630		3.8989  GBP
25p ordinary		Purchase		505		3.8640  GBP
25p ordinary		Purchase		502		3.8914  GBP
25p ordinary		Purchase		451		3.9000  GBP
25p ordinary		Purchase		343		3.8880  GBP
25p ordinary		Purchase		253		3.8780  GBP
25p ordinary		Purchase		253		3.8720  GBP
25p ordinary		Purchase		253		3.8610  GBP
25p ordinary		Purchase		253		3.8590  GBP
25p ordinary		Purchase		252		3.8730  GBP
25p ordinary		Purchase		157		3.8920  GBP
25p ordinary		Purchase		140		3.8940  GBP
25p ordinary		Purchase		15		3.8800  GBP
25p ordinary		Purchase		10		3.8600  GBP
25p ordinary		Purchase		4		3.8680  GBP
25p ordinary		Purchase		4		3.8760  GBP
25p ordinary		Sale		815,497		3.8580  GBP
25p ordinary		Sale		577,997		3.8673  GBP
25p ordinary		Sale		111,980		3.8425  GBP
25p ordinary		Sale		106,681		3.8829  GBP
25p ordinary		Sale		105,915		3.8688  GBP
25p ordinary		Sale		38,562		3.8588  GBP
25p ordinary		Sale		31,507		3.8735  GBP
25p ordinary		Sale		19,786		3.8761  GBP
25p ordinary		Sale		16,775		3.8773  GBP
25p ordinary		Sale		16,508		3.8861  GBP
25p ordinary		Sale		15,167		3.9000  GBP
25p ordinary		Sale		11,025		3.8802  GBP
25p ordinary		Sale		10,502		3.8701  GBP
25p ordinary		Sale		9,662		3.8931  GBP
25p ordinary		Sale		6,800		3.9082  GBP
25p ordinary		Sale		5,036		3.8628  GBP
25p ordinary		Sale		4,884		3.8854  GBP
25p ordinary		Sale		3,492		3.8804  GBP
25p ordinary		Sale		3,325		3.8954  GBP
25p ordinary		Sale		2,619		3.8806  GBP
25p ordinary		Sale		1,922		3.8770  GBP
25p ordinary		Sale		1,604		3.8760  GBP
25p ordinary		Sale		1,445		3.9100  GBP
25p ordinary		Sale		1,150		3.9040  GBP
25p ordinary		Sale		876		3.9020  GBP
25p ordinary		Sale		840		3.9120  GBP
25p ordinary		Sale		689		3.8800  GBP
25p ordinary		Sale		505		3.8640  GBP
25p ordinary		Sale		475		3.8720  GBP
25p ordinary		Sale		343		3.8880  GBP
25p ordinary		Sale		280		3.8840  GBP
25p ordinary		Sale		253		3.8590  GBP
25p ordinary		Sale		253		3.8780  GBP
25p ordinary		Sale		253		3.8610  GBP
25p ordinary		Sale		252		3.8730  GBP
25p ordinary		Sale		35		3.8740  GBP
25p ordinary		Sale		10		3.8600  GBP
25p ordinary		Sale		10		3.8660  GBP
25p ordinary		Sale		9		3.9260  GBP
25p ordinary		Sale		4		3.8680  GBP
25p ordinary		Sale		4		3.8940  GBP
25p ordinary		Sale		1		3.9200  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		28,925	3.8769  GBP
25p ordinary		SWAP		Decreasing Short		111,980	3.8425  GBP
25p ordinary		SWAP		Decreasing Short		3,210	3.8572  USD
25p ordinary		SWAP		Opening Long		684,423	3.8580  GBP
25p ordinary		SWAP		Increasing Long		6,085	3.8582  GBP
25p ordinary		SWAP		Increasing Long		80,248	3.8615  GBP
25p ordinary		SWAP		Increasing Long		5,036	3.8628  GBP
25p ordinary		SWAP		Increasing Long		10,502	3.8701  GBP
25p ordinary		SWAP		Increasing Long		31,507	3.8735  GBP
25p ordinary		SWAP		Increasing Long		41	3.8761  GBP
25p ordinary		SWAP		Increasing Long		16,775	3.8773  GBP
25p ordinary		SWAP		Increasing Long		2,232	3.8796  GBP
25p ordinary		SWAP		Increasing Long		101	3.8803  GBP
25p ordinary		SWAP		Increasing Long		2,619	3.8806  GBP
25p ordinary		SWAP		Increasing Long		106,681	3.8829  GBP
25p ordinary		SWAP		Increasing Long		16,508	3.8861  GBP
25p ordinary		SWAP		Increasing Long		9,662	3.8931  GBP
25p ordinary		SWAP		Increasing Long		355	3.8970  GBP
25p ordinary		SWAP		Decreasing Long		162,522	3.8580  GBP
25p ordinary		SWAP		Decreasing Long		156,557	3.8582  GBP
25p ordinary		SWAP		Decreasing Long		17,030	3.8585  GBP
25p ordinary		SWAP		Decreasing Long		13,762	3.8611  GBP
25p ordinary		SWAP		Decreasing Long		33,215	3.8613  GBP
25p ordinary		SWAP		Decreasing Long		25	3.8648  GBP
25p ordinary		SWAP		Decreasing Long		1,961	3.8696  GBP
25p ordinary		SWAP		Decreasing Long		63	3.8718  GBP
25p ordinary		SWAP		Decreasing Long		6,835	3.8741  GBP
25p ordinary		SWAP		Decreasing Long		271,180	3.8758  GBP
25p ordinary		SWAP		Opening Short		24,795	3.8777  GBP
25p ordinary		SWAP		Increasing Short		106,765	3.8782  GBP
25p ordinary		SWAP		Increasing Short		36,105	3.8797  GBP
25p ordinary		SWAP		Increasing Short		1,093	3.8798  GBP
25p ordinary		SWAP		Increasing Short		31,710	3.8799  GBP
25p ordinary		SWAP		Increasing Short		3,795	3.8814  GBP
25p ordinary		SWAP		Increasing Short		301	3.8848  GBP
25p ordinary		SWAP		Increasing Short		517	3.8849  GBP
25p ordinary		SWAP		Increasing Short		5,672	3.8864  GBP
25p ordinary		SWAP		Increasing Short		1,325	3.8870  GBP
25p ordinary		SWAP		Increasing Short		292	3.8875  GBP
25p ordinary		SWAP		Increasing Short		1,559	3.8891  GBP
25p ordinary		SWAP		Increasing Short		9,406	3.8893  GBP
25p ordinary		SWAP		Increasing Short		25,852	3.8895  GBP
25p ordinary		SWAP		Increasing Short		630	3.8989  GBP
25p ordinary		SWAP		Increasing Short		36,338	3.9050  GBP
25p ordinary		SWAP		Increasing Short		132,451	3.9140  GBP
25p ordinary		CFD		Increasing Long		437	3.8580  GBP
25p ordinary		CFD		Increasing Long		657	3.8840  GBP
25p ordinary		CFD		Increasing Long		28,279	3.8913  GBP
25p ordinary		CFD		Increasing Long		343	3.8976  GBP
25p ordinary		CFD		Decreasing Long		1,231	3.8580  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:				06 Mar 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END