Form 8.3 BRITISH LAND COMPANY PLC, THE

Barclays PLC

19 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:				18 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:			11,224,622	1.12%	9,219,327	0.92%
(2)	Cash-settled derivatives:
				9,054,363	0.91%	8,444,504	0.84%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			20,278,985	2.03%	17,663,831	1.77%
(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		400,037		3.7460  GBP
25p ordinary		Purchase		121,392		3.8254  GBP
25p ordinary		Purchase		116,033		3.7528  GBP
25p ordinary		Purchase		30,382		3.7480  GBP
25p ordinary		Purchase		21,862		3.8039  GBP
25p ordinary		Purchase		19,035		3.7563  GBP
25p ordinary		Purchase		11,143		3.7462  GBP
25p ordinary		Purchase		9,088		3.7500  GBP
25p ordinary		Purchase		8,646		3.7624  GBP
25p ordinary		Purchase		6,005		3.7301  GBP
25p ordinary		Purchase		4,007		3.8072  GBP
25p ordinary		Purchase		3,960		3.8128  GBP
25p ordinary		Purchase		3,621		3.7846  GBP
25p ordinary		Purchase		2,627		3.7840  GBP
25p ordinary		Purchase		1,423		3.7520  GBP
25p ordinary		Purchase		1,335		3.7580  GBP
25p ordinary		Purchase		1,059		3.7327  GBP
25p ordinary		Purchase		932		3.7414  GBP
25p ordinary		Purchase		593		3.7300  GBP
25p ordinary		Purchase		566		3.7240  GBP
25p ordinary		Purchase		565		3.7340  GBP
25p ordinary		Purchase		507		3.7260  GBP
25p ordinary		Purchase		489		3.7360  GBP
25p ordinary		Purchase		420		3.7440  GBP
25p ordinary		Purchase		386		3.7420  GBP
25p ordinary		Purchase		340		3.7380  GBP
25p ordinary		Purchase		188		3.7560  GBP
25p ordinary		Purchase		75		3.8180  GBP
25p ordinary		Purchase		72		3.8020  GBP
25p ordinary		Purchase		64		3.7280  GBP
25p ordinary		Purchase		46		3.7400  GBP
25p ordinary		Purchase		6		3.7320  GBP
25p ordinary		Purchase		3		3.7200  GBP
25p ordinary		Sale		1,095,748		3.8120  GBP
25p ordinary		Sale		248,410		3.7569  GBP
25p ordinary		Sale		199,352		3.7459  GBP
25p ordinary		Sale		121,392		3.8254  GBP
25p ordinary		Sale		104,886		3.8220  GBP
25p ordinary		Sale		103,879		3.7460  GBP
25p ordinary		Sale		42,169		3.7763  GBP
25p ordinary		Sale		40,464		3.8282  GBP
25p ordinary		Sale		24,947		3.7736  GBP
25p ordinary		Sale		20,346		3.8140  GBP
25p ordinary		Sale		20,232		3.8281  GBP
25p ordinary		Sale		20,232		3.8199  GBP
25p ordinary		Sale		17,205		3.7778  GBP
25p ordinary		Sale		16,416		3.7393  GBP
25p ordinary		Sale		6,449		3.8088  GBP
25p ordinary		Sale		6,314		3.8009  GBP
25p ordinary		Sale		6,149		3.7759  GBP
25p ordinary		Sale		5,504		3.7676  GBP
25p ordinary		Sale		4,803		3.8035  GBP
25p ordinary		Sale		4,684		3.7532  GBP
25p ordinary		Sale		4,643		3.8086  GBP
25p ordinary		Sale		4,235		3.7598  GBP
25p ordinary		Sale		3,937		3.8100  GBP
25p ordinary		Sale		3,500		3.7696  GBP
25p ordinary		Sale		3,086		3.7282  GBP
25p ordinary		Sale		2,805		3.7427  GBP
25p ordinary		Sale		2,357		3.7954  GBP
25p ordinary		Sale		2,324		3.8024  GBP
25p ordinary		Sale		1,335		3.7580  GBP
25p ordinary		Sale		1,297		3.7850  GBP
25p ordinary		Sale		1,240		3.7360  GBP
25p ordinary		Sale		1,100		3.8152  GBP
25p ordinary		Sale		1,025		3.7520  GBP
25p ordinary		Sale		593		3.7300  GBP
25p ordinary		Sale		579		3.7804  GBP
25p ordinary		Sale		569		3.7529  GBP
25p ordinary		Sale		565		3.7340  GBP
25p ordinary		Sale		527		3.8186  GBP
25p ordinary		Sale		500		3.8080  GBP
25p ordinary		Sale		473		3.7457  GBP
25p ordinary		Sale		457		3.8170  GBP
25p ordinary		Sale		420		3.7440  GBP
25p ordinary		Sale		386		3.7420  GBP
25p ordinary		Sale		375		3.7342  GBP
25p ordinary		Sale		341		3.7260  GBP
25p ordinary		Sale		340		3.7380  GBP
25p ordinary		Sale		205		3.7337  GBP
25p ordinary		Sale		188		3.7560  GBP
25p ordinary		Sale		64		3.7285  GBP
25p ordinary		Sale		46		3.7400  GBP
25p ordinary		Sale		17		3.7288  GBP
25p ordinary		Sale		6		3.7320  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		1,882	3.7260  GBP
25p ordinary		SWAP		Decreasing Short		1,165	3.7300  GBP
25p ordinary		SWAP		Decreasing Short		568	3.7334  GBP
25p ordinary		SWAP		Decreasing Short		205	3.7337  GBP
25p ordinary		SWAP		Decreasing Short		14	3.7340  GBP
25p ordinary		SWAP		Decreasing Short		1,030	3.7370  GBP
25p ordinary		SWAP		Decreasing Short		12,364	3.7389  GBP
25p ordinary		SWAP		Decreasing Short		4,052	3.7406  GBP
25p ordinary		SWAP		Decreasing Short		2,805	3.7427  GBP
25p ordinary		SWAP		Decreasing Short		2,577	3.7435  GBP
25p ordinary		SWAP		Decreasing Short		473	3.7457  GBP
25p ordinary		SWAP		Decreasing Short		155,410	3.7460  GBP
25p ordinary		SWAP		Decreasing Short		27,601	3.7509  GBP
25p ordinary		SWAP		Decreasing Short		569	3.7529  GBP
25p ordinary		SWAP		Decreasing Short		4,684	3.7532  GBP
25p ordinary		SWAP		Decreasing Short		14,265	3.7605  GBP
25p ordinary		SWAP		Decreasing Short		5,200	3.7609  GBP
25p ordinary		SWAP		Decreasing Short		4,116	3.7626  GBP
25p ordinary		SWAP		Decreasing Short		5,557	3.7627  GBP
25p ordinary		SWAP		Decreasing Short		3,500	3.7696  GBP
25p ordinary		SWAP		Decreasing Short		1,509	3.7700  GBP
25p ordinary		SWAP		Decreasing Short		24,947	3.7736  GBP
25p ordinary		SWAP		Decreasing Short		6,149	3.7758  GBP
25p ordinary		SWAP		Decreasing Short		42,169	3.7763  GBP
25p ordinary		SWAP		Decreasing Short		1,509	3.7780  GBP
25p ordinary		SWAP		Decreasing Short		7,871	3.7803  GBP
25p ordinary		SWAP		Decreasing Short		1,505	3.7910  GBP
25p ordinary		SWAP		Decreasing Short		82	3.7920  GBP
25p ordinary		SWAP		Decreasing Short		10,441	3.7930  GBP
25p ordinary		SWAP		Decreasing Short		2,324	3.8024  GBP
25p ordinary		SWAP		Decreasing Short		6,168	3.8070  GBP
25p ordinary		SWAP		Decreasing Short		6,226	3.8080  GBP
25p ordinary		SWAP		Decreasing Short		1,507	3.8100  GBP
25p ordinary		SWAP		Opening Long		1,090,638	3.8120  GBP
25p ordinary		SWAP		Increasing Long		11,902	3.8130  GBP
25p ordinary		SWAP		Increasing Long		6,637	3.8150  GBP
25p ordinary		SWAP		Increasing Long		14,195	3.8170  GBP
25p ordinary		SWAP		Increasing Long		11,307	3.8190  GBP
25p ordinary		SWAP		Increasing Long		6,800	3.8197  GBP
25p ordinary		SWAP		Increasing Long		1,507	3.8220  GBP
25p ordinary		SWAP		Increasing Long		4,841	3.8230  GBP
25p ordinary		SWAP		Decreasing Long		1,882	3.7260  GBP
25p ordinary		SWAP		Decreasing Long		1,165	3.7300  GBP
25p ordinary		SWAP		Decreasing Long		1,225	3.7307  GBP
25p ordinary		SWAP		Decreasing Long		183	3.7330  GBP
25p ordinary		SWAP		Decreasing Long		14	3.7340  GBP
25p ordinary		SWAP		Decreasing Long		1,030	3.7370  GBP
25p ordinary		SWAP		Decreasing Long		118,600	3.7453  GBP
25p ordinary		SWAP		Decreasing Long		27,549	3.7460  GBP
25p ordinary		SWAP		Decreasing Long		11,143	3.7462  GBP
25p ordinary		SWAP		Decreasing Long		498	3.7520  GBP
25p ordinary		SWAP		Decreasing Long		15,028	3.7547  GBP
25p ordinary		SWAP		Decreasing Long		3,626	3.7679  GBP
25p ordinary		SWAP		Decreasing Long		1,509	3.7700  GBP
25p ordinary		SWAP		Decreasing Long		8,745	3.7780  GBP
25p ordinary		SWAP		Decreasing Long		2,936	3.7803  GBP
25p ordinary		SWAP		Decreasing Long		3,621	3.7846  GBP
25p ordinary		SWAP		Decreasing Long		1,505	3.7910  GBP
25p ordinary		SWAP		Decreasing Long		82	3.7920  GBP
25p ordinary		SWAP		Decreasing Long		2,978	3.8000  GBP
25p ordinary		SWAP		Decreasing Long		6,168	3.8070  GBP
25p ordinary		SWAP		Decreasing Long		6,226	3.8080  GBP
25p ordinary		SWAP		Decreasing Long		1,507	3.8100  GBP
25p ordinary		SWAP		Decreasing Long		3,960	3.8128  GBP
25p ordinary		SWAP		Opening Short		11,902	3.8130  GBP
25p ordinary		SWAP		Increasing Short		6,637	3.8150  GBP
25p ordinary		SWAP		Increasing Short		14,195	3.8170  GBP
25p ordinary		SWAP		Increasing Short		11,307	3.8190  GBP
25p ordinary		SWAP		Increasing Short		1,507	3.8220  GBP
25p ordinary		SWAP		Increasing Short		4,841	3.8230  GBP
25p ordinary		SWAP		Increasing Short		121,392	3.8254  GBP
25p ordinary		CFD		Increasing Long		700	3.7337  GBP
25p ordinary		CFD		Increasing Long		26,319	3.7457  GBP
25p ordinary		CFD		Increasing Long		3,348	3.7460  GBP
25p ordinary		CFD		Increasing Long		1,349	3.7996  GBP
25p ordinary		CFD		Increasing Long		40,084	3.7997  GBP
25p ordinary		CFD		Increasing Long		4,803	3.8035  GBP
25p ordinary		CFD		Decreasing Long		128,778	3.7460  GBP
25p ordinary		CFD		Decreasing Long		21,862	3.8039  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:				19 Mar 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END