Form 8.3 BRITISH LAND COMPANY PLC, THE

Barclays PLC

26 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:				24 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:			11,145,586	1.11%	9,478,317	0.94%
(2)	Cash-settled derivatives:
				9,217,909	0.92%	9,051,619	0.91%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			20,363,495	2.04%	18,529,936	1.85%
(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		516,937		3.4760  GBP
25p ordinary		Purchase		413,255		3.4866  GBP
25p ordinary		Purchase		194,809		3.4820  GBP
25p ordinary		Purchase		72,151		3.5012  GBP
25p ordinary		Purchase		53,812		3.4998  GBP
25p ordinary		Purchase		23,338		3.4952  GBP
25p ordinary		Purchase		21,258		3.5094  GBP
25p ordinary		Purchase		19,746		3.5154  GBP
25p ordinary		Purchase		14,583		3.5126  GBP
25p ordinary		Purchase		9,627		3.5080  GBP
25p ordinary		Purchase		6,832		3.5029  GBP
25p ordinary		Purchase		5,802		3.5078  GBP
25p ordinary		Purchase		4,843		3.4997  GBP
25p ordinary		Purchase		4,644		3.5020  GBP
25p ordinary		Purchase		4,565		3.5030  GBP
25p ordinary		Purchase		4,438		3.5086  GBP
25p ordinary		Purchase		3,791		3.4940  GBP
25p ordinary		Purchase		3,662		3.4822  GBP
25p ordinary		Purchase		3,150		3.4806  GBP
25p ordinary		Purchase		2,333		3.5052  GBP
25p ordinary		Purchase		1,666		3.5202  GBP
ADR		Purchase		1,490		4.7100  USD
25p ordinary		Purchase		1,190		3.5120  GBP
25p ordinary		Purchase		1,078		3.4980  GBP
25p ordinary		Purchase		1,071		3.5200  GBP
25p ordinary		Purchase		974		3.5148  GBP
25p ordinary		Purchase		565		3.5000  GBP
25p ordinary		Purchase		562		3.5100  GBP
25p ordinary		Purchase		554		3.5060  GBP
25p ordinary		Purchase		483		3.4780  GBP
25p ordinary		Purchase		470		3.5280  GBP
25p ordinary		Purchase		465		3.5044  GBP
25p ordinary		Purchase		438		3.5320  GBP
25p ordinary		Purchase		359		3.4815  GBP
25p ordinary		Purchase		354		3.5220  GBP
25p ordinary		Purchase		225		3.5300  GBP
25p ordinary		Purchase		198		3.5140  GBP
25p ordinary		Purchase		196		3.5040  GBP
25p ordinary		Purchase		181		3.5340  GBP
25p ordinary		Purchase		177		3.5360  GBP
25p ordinary		Purchase		164		3.5160  GBP
25p ordinary		Purchase		155		3.5240  GBP
25p ordinary		Purchase		120		3.4800  GBP
25p ordinary		Purchase		101		3.4840  GBP
25p ordinary		Purchase		96		3.4960  GBP
25p ordinary		Purchase		92		3.5400  GBP
25p ordinary		Purchase		91		3.4860  GBP
25p ordinary		Purchase		80		3.4900  GBP
25p ordinary		Purchase		79		3.5180  GBP
25p ordinary		Purchase		72		3.5260  GBP
25p ordinary		Purchase		57		3.5380  GBP
25p ordinary		Purchase		41		3.4880  GBP
25p ordinary		Purchase		23		3.4920  GBP
25p ordinary		Purchase		23		3.5420  GBP
25p ordinary		Purchase		22		3.5440  GBP
25p ordinary		Purchase		15		3.4740  GBP
25p ordinary		Purchase		11		3.5070  GBP
25p ordinary		Purchase		10		3.4720  GBP
25p ordinary		Sale		151,229		3.5215  GBP
25p ordinary		Sale		105,104		3.4824  GBP
25p ordinary		Sale		80,528		3.4820  GBP
25p ordinary		Sale		76,884		3.5154  GBP
25p ordinary		Sale		37,561		3.5074  GBP
25p ordinary		Sale		30,572		3.5330  GBP
25p ordinary		Sale		29,242		3.5177  GBP
25p ordinary		Sale		26,149		3.4954  GBP
25p ordinary		Sale		21,883		3.5119  GBP
25p ordinary		Sale		9,085		3.5092  GBP
25p ordinary		Sale		8,031		3.5178  GBP
25p ordinary		Sale		6,103		3.5116  GBP
25p ordinary		Sale		5,849		3.5093  GBP
25p ordinary		Sale		5,587		3.4957  GBP
25p ordinary		Sale		5,291		3.5194  GBP
25p ordinary		Sale		4,639		3.5061  GBP
25p ordinary		Sale		4,299		3.5088  GBP
25p ordinary		Sale		2,973		3.5162  GBP
25p ordinary		Sale		2,882		3.5360  GBP
25p ordinary		Sale		2,404		3.4869  GBP
25p ordinary		Sale		2,282		3.5190  GBP
25p ordinary		Sale		1,797		3.5146  GBP
25p ordinary		Sale		1,679		3.5076  GBP
25p ordinary		Sale		1,575		3.5352  GBP
ADR		Sale		1,490		4.7100  USD
25p ordinary		Sale		1,423		3.5115  GBP
25p ordinary		Sale		1,335		3.4740  GBP
25p ordinary		Sale		1,315		3.5320  GBP
25p ordinary		Sale		1,190		3.5120  GBP
25p ordinary		Sale		978		3.5049  GBP
25p ordinary		Sale		700		3.5210  GBP
25p ordinary		Sale		640		3.5280  GBP
25p ordinary		Sale		562		3.5100  GBP
25p ordinary		Sale		547		3.4937  GBP
25p ordinary		Sale		324		3.4944  GBP
25p ordinary		Sale		283		3.5200  GBP
25p ordinary		Sale		277		3.5080  GBP
25p ordinary		Sale		267		3.5060  GBP
25p ordinary		Sale		237		3.4780  GBP
25p ordinary		Sale		225		3.5300  GBP
25p ordinary		Sale		198		3.5140  GBP
25p ordinary		Sale		196		3.5040  GBP
25p ordinary		Sale		181		3.5340  GBP
25p ordinary		Sale		164		3.5160  GBP
25p ordinary		Sale		155		3.5240  GBP
25p ordinary		Sale		120		3.4800  GBP
25p ordinary		Sale		113		3.4940  GBP
25p ordinary		Sale		101		3.4840  GBP
25p ordinary		Sale		96		3.4960  GBP
25p ordinary		Sale		92		3.5400  GBP
25p ordinary		Sale		91		3.4860  GBP
25p ordinary		Sale		80		3.4900  GBP
25p ordinary		Sale		79		3.5180  GBP
25p ordinary		Sale		72		3.5260  GBP
25p ordinary		Sale		57		3.5380  GBP
25p ordinary		Sale		52		3.4980  GBP
25p ordinary		Sale		43		3.5020  GBP
25p ordinary		Sale		41		3.4880  GBP
25p ordinary		Sale		39		3.5220  GBP
25p ordinary		Sale		31		3.4760  GBP
25p ordinary		Sale		23		3.4920  GBP
25p ordinary		Sale		23		3.5420  GBP
25p ordinary		Sale		22		3.5440  GBP
25p ordinary		Sale		11		3.5070  GBP
25p ordinary		Sale		9		3.5000  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		3,196	3.4816  GBP
25p ordinary		SWAP		Increasing Long		7,592	3.4852  GBP
25p ordinary		SWAP		Increasing Long		2,126	3.4916  GBP
25p ordinary		SWAP		Increasing Long		547	3.4937  GBP
25p ordinary		SWAP		Increasing Long		26,149	3.4954  GBP
25p ordinary		SWAP		Increasing Long		18,430	3.4966  GBP
25p ordinary		SWAP		Increasing Long		3,461	3.4982  GBP
25p ordinary		SWAP		Increasing Long		1,423	3.5115  GBP
25p ordinary		SWAP		Increasing Long		13,565	3.5134  GBP
25p ordinary		SWAP		Increasing Long		76,884	3.5154  GBP
25p ordinary		SWAP		Increasing Long		389	3.5167  GBP
25p ordinary		SWAP		Increasing Long		1,486	3.5204  GBP
25p ordinary		SWAP		Increasing Long		22,331	3.5206  GBP
25p ordinary		SWAP		Decreasing Long		515,680	3.4760  GBP
25p ordinary		SWAP		Decreasing Long		3,150	3.4806  GBP
25p ordinary		SWAP		Decreasing Long		138,731	3.4820  GBP
25p ordinary		SWAP		Decreasing Long		51,276	3.4821  GBP
25p ordinary		SWAP		Decreasing Long		3,662	3.4822  GBP
25p ordinary		SWAP		Opening Short		43,834	3.4830  GBP
25p ordinary		SWAP		Increasing Short		988	3.4928  GBP
25p ordinary		SWAP		Increasing Short		2,861	3.4940  GBP
25p ordinary		SWAP		Increasing Short		2,365	3.4948  GBP
25p ordinary		SWAP		Increasing Short		15,600	3.4951  GBP
25p ordinary		SWAP		Increasing Short		7,738	3.4954  GBP
25p ordinary		SWAP		Increasing Short		148,645	3.4966  GBP
25p ordinary		SWAP		Increasing Short		35,587	3.4968  GBP
25p ordinary		SWAP		Increasing Short		4,843	3.4997  GBP
25p ordinary		SWAP		Increasing Short		18,225	3.5059  GBP
25p ordinary		SWAP		Increasing Short		35,345	3.5080  GBP
25p ordinary		SWAP		Increasing Short		200	3.5130  GBP
25p ordinary		SWAP		Increasing Short		974	3.5148  GBP
25p ordinary		SWAP		Increasing Short		1,129	3.5180  GBP
25p ordinary		SWAP		Increasing Short		404	3.5200  GBP
25p ordinary		CFD		Increasing Long		2,299	3.4820  GBP
25p ordinary		CFD		Increasing Long		5,806	3.4899  GBP
25p ordinary		CFD		Increasing Long		28,054	3.5124  GBP
25p ordinary		CFD		Increasing Long		700	3.5207  GBP
25p ordinary		CFD		Increasing Long		30,572	3.5330  GBP
25p ordinary		CFD		Increasing Long		4,417	3.5354  GBP
25p ordinary		CFD		Decreasing Long		44,887	3.4822  GBP
25p ordinary		CFD		Decreasing Long		48,237	3.4823  GBP
25p ordinary		CFD		Decreasing Long		113,651	3.5008  GBP
25p ordinary		CFD		Decreasing Long		2,630	3.5265  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 Mar 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END