Form 8.5 (EPT/RI) - British Land Co plc

UBS AG (EPT)

11 February 2026

 

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the Code)

1.         KEY INFORMATION

(a) Name of exempt principal trader:	UBS Investment Bank, London
(b) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	British Land Company plc
(c) Name of the party to the offer with which exempt principal trader is connected:	British Land Company plc
(d) Date dealing undertaken:	10 February 2026
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?      If it is a cash offer or possible cash offer, state "N/A"	YES

2.         DEALINGS BY THE EXEMPT PRINCIPAL TRADER

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)        Purchases and sales

Class of relevant security	Purchases/ sales	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
25p ordinary	Buy	551274	4.10798        GBP	4.04000        GBP
25p ordinary	Sell	1539911	4.10649        GBP	4.04000        GBP

(b)        Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
25p ordinary	CFD	Long	1340824	4.106        GBP
25p ordinary	CFD	Long	3120	4.05686922984936        GBP
25p ordinary	CFD	Long	38503	4.0927034102        GBP
25p ordinary	CFD	Long	15326	4.05175127397755        GBP
25p ordinary	CFD	Long	3657	4.09346717790812        GBP
25p ordinary	CFD	Long	858	4.10179998        GBP
25p ordinary	CFD	Long	24	4.04998264791667        GBP
25p ordinary	CFD	Long	48957	4.09656819336254        GBP
25p ordinary	CFD	Long	22	4.064        GBP
25p ordinary	CFD	Long	646	4.05600619195046        GBP
25p ordinary	CFD	Long	13992	4.05865880401229        GBP
25p ordinary	CFD	Short	91450	4.106        GBP
25p ordinary	CFD	Short	22	4.064        GBP
25p ordinary	CFD	Short	37536	4.08834924        GBP
25p ordinary	CFD	Short	1633	4.0495866503368        GBP
25p ordinary	CFD	Short	4519	4.0504701542        GBP
25p ordinary	CFD	Short	3934	4.05946596        GBP
25p ordinary	CFD	Short	3400	4.10599995        GBP
25p ordinary	CFD	Short	764	4.046687        GBP
25p ordinary	CFD	Short	66887	4.10493116        GBP
25p ordinary	CFD	Short	33288	4.10511926543259        GBP
25p ordinary	CFD	Short	37	4.058        GBP
25p ordinary	CFD	Short	44962	4.10239532296072        GBP
25p ordinary	CFD	Short	5940	4.06572289606061        GBP
25p ordinary	CFD	Short	34674	4.09998643        GBP
25p ordinary	CFD	Short	70074	4.07862491        GBP
25p ordinary	CFD	Short	36540	4.106205        GBP
25p ordinary	CFD	Short	282	4.10799516312057        GBP
25p ordinary	CFD	Short	646	4.05600619195046        GBP
25p ordinary	CFD	Short	8448	4.046647        GBP

(c)        Stock-settled derivative transactions (including options)

(i)         Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit

(ii)        Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit

(d)        Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)

3.         OTHER INFORMATION

(a)        Indemnity and other dealing 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: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none "

None

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader 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 or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"

None

Date of disclosure:	11 February 2026
Contact name:	Richard Howard
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [e-mail]

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END