16th Mar 2026 11:45
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: | 13 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: |
|
| 12,484,422 | 1.25% | 7,489,597 | 0.75% |
(2) | Cash-settled derivatives: |
|
|
|
| ||
|
|
|
| 7,193,858 | 0.72% | 8,256,587 | 0.83% |
(3) | Stock-settled derivatives (including options) |
|
|
|
| ||
| and agreements to purchase/sell: |
|
| 0 | 0.00% | 0 | 0.00% |
|
|
|
|
|
|
|
|
| TOTAL: |
|
| 19,678,280 | 1.97% | 15,746,184 | 1.57% |
(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 | 535,418 | 3.6843 GBP | ||||
25p ordinary | Purchase | 260,278 | 3.6619 GBP | ||||
25p ordinary | Purchase | 188,088 | 3.6614 GBP | ||||
25p ordinary | Purchase | 157,547 | 3.6562 GBP | ||||
25p ordinary | Purchase | 141,740 | 3.6599 GBP | ||||
25p ordinary | Purchase | 134,346 | 3.6677 GBP | ||||
25p ordinary | Purchase | 127,135 | 3.6988 GBP | ||||
25p ordinary | Purchase | 103,501 | 3.6925 GBP | ||||
25p ordinary | Purchase | 102,350 | 3.6560 GBP | ||||
25p ordinary | Purchase | 57,767 | 3.6979 GBP | ||||
25p ordinary | Purchase | 56,293 | 3.6963 GBP | ||||
25p ordinary | Purchase | 56,239 | 3.7000 GBP | ||||
25p ordinary | Purchase | 40,530 | 3.7216 GBP | ||||
25p ordinary | Purchase | 38,528 | 3.6967 GBP | ||||
25p ordinary | Purchase | 33,106 | 3.6597 GBP | ||||
25p ordinary | Purchase | 32,872 | 3.7197 GBP | ||||
25p ordinary | Purchase | 29,077 | 3.7073 GBP | ||||
25p ordinary | Purchase | 29,020 | 3.7215 GBP | ||||
25p ordinary | Purchase | 27,870 | 3.7004 GBP | ||||
25p ordinary | Purchase | 27,126 | 3.6975 GBP | ||||
25p ordinary | Purchase | 27,120 | 3.6980 GBP | ||||
25p ordinary | Purchase | 26,174 | 3.6565 GBP | ||||
25p ordinary | Purchase | 24,441 | 3.7222 GBP | ||||
25p ordinary | Purchase | 20,392 | 3.6740 GBP | ||||
25p ordinary | Purchase | 20,291 | 3.6896 GBP | ||||
25p ordinary | Purchase | 18,350 | 3.6961 GBP | ||||
25p ordinary | Purchase | 17,682 | 3.7143 GBP | ||||
25p ordinary | Purchase | 15,348 | 3.6947 GBP | ||||
25p ordinary | Purchase | 15,327 | 3.6974 GBP | ||||
25p ordinary | Purchase | 13,732 | 3.6600 GBP | ||||
25p ordinary | Purchase | 13,336 | 3.7092 GBP | ||||
25p ordinary | Purchase | 11,749 | 3.6593 GBP | ||||
25p ordinary | Purchase | 11,563 | 3.7151 GBP | ||||
25p ordinary | Purchase | 11,510 | 3.7217 GBP | ||||
25p ordinary | Purchase | 10,822 | 3.7177 GBP | ||||
25p ordinary | Purchase | 9,821 | 3.7109 GBP | ||||
25p ordinary | Purchase | 8,737 | 3.6920 GBP | ||||
25p ordinary | Purchase | 8,456 | 3.7100 GBP | ||||
25p ordinary | Purchase | 8,431 | 3.7125 GBP | ||||
25p ordinary | Purchase | 7,792 | 3.7213 GBP | ||||
25p ordinary | Purchase | 6,961 | 3.7059 GBP | ||||
25p ordinary | Purchase | 6,517 | 3.6983 GBP | ||||
25p ordinary | Purchase | 5,612 | 3.7045 GBP | ||||
25p ordinary | Purchase | 5,407 | 3.6949 GBP | ||||
25p ordinary | Purchase | 5,282 | 3.7288 GBP | ||||
25p ordinary | Purchase | 5,130 | 3.6580 GBP | ||||
25p ordinary | Purchase | 4,677 | 3.7247 GBP | ||||
25p ordinary | Purchase | 4,524 | 3.6823 GBP | ||||
25p ordinary | Purchase | 4,385 | 3.6623 GBP | ||||
25p ordinary | Purchase | 4,100 | 3.6592 GBP | ||||
25p ordinary | Purchase | 3,908 | 3.6876 GBP | ||||
25p ordinary | Purchase | 3,854 | 3.6530 GBP | ||||
25p ordinary | Purchase | 3,192 | 3.6854 GBP | ||||
25p ordinary | Purchase | 2,682 | 3.6590 GBP | ||||
25p ordinary | Purchase | 2,565 | 3.7150 GBP | ||||
25p ordinary | Purchase | 2,534 | 3.7227 GBP | ||||
25p ordinary | Purchase | 2,188 | 3.6924 GBP | ||||
25p ordinary | Purchase | 2,176 | 3.6700 GBP | ||||
25p ordinary | Purchase | 2,143 | 3.7270 GBP | ||||
25p ordinary | Purchase | 1,502 | 3.6834 GBP | ||||
25p ordinary | Purchase | 1,440 | 3.7297 GBP | ||||
25p ordinary | Purchase | 1,427 | 3.7147 GBP | ||||
25p ordinary | Purchase | 1,391 | 3.7263 GBP | ||||
25p ordinary | Purchase | 1,110 | 3.6985 GBP | ||||
25p ordinary | Purchase | 1,108 | 3.6897 GBP | ||||
25p ordinary | Purchase | 1,068 | 3.7240 GBP | ||||
25p ordinary | Purchase | 981 | 3.6960 GBP | ||||
25p ordinary | Purchase | 968 | 3.7070 GBP | ||||
25p ordinary | Purchase | 924 | 3.7360 GBP | ||||
25p ordinary | Purchase | 916 | 3.7300 GBP | ||||
25p ordinary | Purchase | 889 | 3.6680 GBP | ||||
25p ordinary | Purchase | 884 | 3.6660 GBP | ||||
25p ordinary | Purchase | 868 | 3.7380 GBP | ||||
25p ordinary | Purchase | 834 | 3.7195 GBP | ||||
25p ordinary | Purchase | 777 | 3.6760 GBP | ||||
25p ordinary | Purchase | 775 | 3.7220 GBP | ||||
25p ordinary | Purchase | 618 | 3.7340 GBP | ||||
25p ordinary | Purchase | 540 | 3.6620 GBP | ||||
25p ordinary | Purchase | 449 | 3.6900 GBP | ||||
25p ordinary | Purchase | 422 | 3.6720 GBP | ||||
25p ordinary | Purchase | 381 | 3.6640 GBP | ||||
25p ordinary | Purchase | 380 | 3.6880 GBP | ||||
25p ordinary | Purchase | 276 | 3.7140 GBP | ||||
25p ordinary | Purchase | 265 | 3.6940 GBP | ||||
25p ordinary | Purchase | 237 | 3.6691 GBP | ||||
25p ordinary | Purchase | 218 | 3.7260 GBP | ||||
25p ordinary | Purchase | 192 | 3.6520 GBP | ||||
ADR | Purchase | 134 | 4.8300 USD | ||||
25p ordinary | Purchase | 114 | 3.7280 GBP | ||||
25p ordinary | Purchase | 97 | 3.6567 GBP | ||||
25p ordinary | Purchase | 57 | 3.6840 GBP | ||||
25p ordinary | Purchase | 53 | 3.6820 GBP | ||||
25p ordinary | Purchase | 29 | 3.7218 GBP | ||||
25p ordinary | Purchase | 28 | 3.6770 GBP | ||||
25p ordinary | Purchase | 19 | 3.7091 GBP | ||||
25p ordinary | Purchase | 1 | 3.7060 GBP | ||||
25p ordinary | Purchase | 1 | 3.6480 GBP | ||||
25p ordinary | Sale | 376,176 | 3.6614 GBP | ||||
25p ordinary | Sale | 233,377 | 3.7071 GBP | ||||
25p ordinary | Sale | 204,956 | 3.6592 GBP | ||||
25p ordinary | Sale | 161,856 | 3.6578 GBP | ||||
25p ordinary | Sale | 129,644 | 3.6581 GBP | ||||
25p ordinary | Sale | 92,859 | 3.7009 GBP | ||||
25p ordinary | Sale | 86,257 | 3.7075 GBP | ||||
25p ordinary | Sale | 73,642 | 3.6915 GBP | ||||
25p ordinary | Sale | 69,647 | 3.7004 GBP | ||||
25p ordinary | Sale | 68,552 | 3.6933 GBP | ||||
25p ordinary | Sale | 58,556 | 3.6889 GBP | ||||
25p ordinary | Sale | 56,310 | 3.6560 GBP | ||||
25p ordinary | Sale | 52,951 | 3.7040 GBP | ||||
25p ordinary | Sale | 47,216 | 3.7063 GBP | ||||
25p ordinary | Sale | 45,570 | 3.7014 GBP | ||||
25p ordinary | Sale | 45,119 | 3.6679 GBP | ||||
25p ordinary | Sale | 40,841 | 3.6674 GBP | ||||
25p ordinary | Sale | 40,530 | 3.7216 GBP | ||||
25p ordinary | Sale | 37,923 | 3.7015 GBP | ||||
25p ordinary | Sale | 37,374 | 3.6936 GBP | ||||
25p ordinary | Sale | 37,089 | 3.7098 GBP | ||||
25p ordinary | Sale | 33,880 | 3.6931 GBP | ||||
25p ordinary | Sale | 33,425 | 3.6945 GBP | ||||
25p ordinary | Sale | 23,212 | 3.7023 GBP | ||||
25p ordinary | Sale | 23,058 | 3.6996 GBP | ||||
25p ordinary | Sale | 22,030 | 3.7006 GBP | ||||
25p ordinary | Sale | 21,742 | 3.7025 GBP | ||||
25p ordinary | Sale | 20,347 | 3.7018 GBP | ||||
25p ordinary | Sale | 19,976 | 3.6639 GBP | ||||
25p ordinary | Sale | 18,844 | 3.6916 GBP | ||||
25p ordinary | Sale | 18,700 | 3.6624 GBP | ||||
25p ordinary | Sale | 17,092 | 3.6948 GBP | ||||
25p ordinary | Sale | 15,086 | 3.7016 GBP | ||||
25p ordinary | Sale | 13,282 | 3.7189 GBP | ||||
25p ordinary | Sale | 12,619 | 3.6616 GBP | ||||
25p ordinary | Sale | 12,502 | 3.6600 GBP | ||||
25p ordinary | Sale | 11,563 | 3.7151 GBP | ||||
25p ordinary | Sale | 10,664 | 3.6680 GBP | ||||
25p ordinary | Sale | 10,593 | 3.7235 GBP | ||||
25p ordinary | Sale | 10,545 | 3.6640 GBP | ||||
25p ordinary | Sale | 10,482 | 3.6802 GBP | ||||
25p ordinary | Sale | 7,922 | 3.6858 GBP | ||||
25p ordinary | Sale | 7,853 | 3.6938 GBP | ||||
25p ordinary | Sale | 7,045 | 3.6906 GBP | ||||
25p ordinary | Sale | 6,668 | 3.7092 GBP | ||||
25p ordinary | Sale | 6,369 | 3.6715 GBP | ||||
25p ordinary | Sale | 6,225 | 3.6630 GBP | ||||
25p ordinary | Sale | 5,422 | 3.7278 GBP | ||||
25p ordinary | Sale | 4,544 | 3.7140 GBP | ||||
25p ordinary | Sale | 4,253 | 3.6666 GBP | ||||
25p ordinary | Sale | 4,202 | 3.6750 GBP | ||||
25p ordinary | Sale | 4,183 | 3.7132 GBP | ||||
25p ordinary | Sale | 4,121 | 3.6817 GBP | ||||
25p ordinary | Sale | 3,901 | 3.6636 GBP | ||||
25p ordinary | Sale | 3,599 | 3.6656 GBP | ||||
25p ordinary | Sale | 3,569 | 3.6620 GBP | ||||
25p ordinary | Sale | 3,233 | 3.7001 GBP | ||||
25p ordinary | Sale | 2,711 | 3.6826 GBP | ||||
25p ordinary | Sale | 2,286 | 3.6811 GBP | ||||
25p ordinary | Sale | 2,272 | 3.7118 GBP | ||||
25p ordinary | Sale | 2,200 | 3.6718 GBP | ||||
25p ordinary | Sale | 2,136 | 3.7240 GBP | ||||
25p ordinary | Sale | 1,855 | 3.7027 GBP | ||||
25p ordinary | Sale | 1,657 | 3.6590 GBP | ||||
25p ordinary | Sale | 1,570 | 3.6621 GBP | ||||
25p ordinary | Sale | 1,491 | 3.6629 GBP | ||||
25p ordinary | Sale | 1,401 | 3.6954 GBP | ||||
25p ordinary | Sale | 1,301 | 3.7220 GBP | ||||
25p ordinary | Sale | 1,183 | 3.6633 GBP | ||||
25p ordinary | Sale | 1,097 | 3.7204 GBP | ||||
25p ordinary | Sale | 1,030 | 3.6580 GBP | ||||
25p ordinary | Sale | 1,016 | 3.6920 GBP | ||||
25p ordinary | Sale | 976 | 3.6584 GBP | ||||
25p ordinary | Sale | 916 | 3.7300 GBP | ||||
25p ordinary | Sale | 884 | 3.6660 GBP | ||||
25p ordinary | Sale | 673 | 3.6980 GBP | ||||
25p ordinary | Sale | 571 | 3.6552 GBP | ||||
25p ordinary | Sale | 493 | 3.6740 GBP | ||||
25p ordinary | Sale | 422 | 3.6720 GBP | ||||
25p ordinary | Sale | 419 | 3.7000 GBP | ||||
25p ordinary | Sale | 380 | 3.6880 GBP | ||||
25p ordinary | Sale | 353 | 3.7100 GBP | ||||
25p ordinary | Sale | 265 | 3.6940 GBP | ||||
25p ordinary | Sale | 249 | 3.6900 GBP | ||||
25p ordinary | Sale | 221 | 3.6530 GBP | ||||
25p ordinary | Sale | 192 | 3.6520 GBP | ||||
25p ordinary | Sale | 176 | 3.6700 GBP | ||||
25p ordinary | Sale | 140 | 3.7081 GBP | ||||
ADR | Sale | 134 | 4.8300 USD | ||||
25p ordinary | Sale | 114 | 3.7280 GBP | ||||
25p ordinary | Sale | 57 | 3.6840 GBP | ||||
25p ordinary | Sale | 53 | 3.6820 GBP | ||||
25p ordinary | Sale | 36 | 3.6760 GBP | ||||
25p ordinary | Sale | 28 | 3.6770 GBP | ||||
25p ordinary | Sale | 17 | 3.6829 GBP | ||||
25p ordinary | Sale | 7 | 3.7186 GBP | ||||
25p ordinary | Sale | 1 | 3.7060 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 | 14,345 | 3.6986 GBP | |||
25p ordinary | SWAP | Decreasing Short | 571 | 3.6552 GBP | |||
25p ordinary | SWAP | Decreasing Short | 79,816 | 3.6558 GBP | |||
25p ordinary | SWAP | Decreasing Short | 2,897 | 3.6560 GBP | |||
25p ordinary | SWAP | Decreasing Short | 9,044 | 3.6580 GBP | |||
25p ordinary | SWAP | Decreasing Short | 6,225 | 3.6630 GBP | |||
25p ordinary | SWAP | Decreasing Short | 51,103 | 3.6708 GBP | |||
25p ordinary | SWAP | Decreasing Short | 10,482 | 3.6802 GBP | |||
25p ordinary | SWAP | Decreasing Short | 11,283 | 3.6803 GBP | |||
25p ordinary | SWAP | Decreasing Short | 17 | 3.6830 GBP | |||
25p ordinary | SWAP | Decreasing Short | 7,922 | 3.6858 GBP | |||
25p ordinary | SWAP | Decreasing Short | 176 | 3.6866 GBP | |||
25p ordinary | SWAP | Decreasing Short | 286 | 3.6868 GBP | |||
25p ordinary | SWAP | Decreasing Short | 7,853 | 3.6938 GBP | |||
25p ordinary | SWAP | Decreasing Short | 33,425 | 3.6945 GBP | |||
25p ordinary | SWAP | Decreasing Short | 24,765 | 3.7037 GBP | |||
25p ordinary | SWAP | Decreasing Short | 4,183 | 3.7131 GBP | |||
25p ordinary | SWAP | Decreasing Short | 29,126 | 3.7176 GBP | |||
25p ordinary | SWAP | Decreasing Short | 1,097 | 3.7203 GBP | |||
25p ordinary | SWAP | Increasing Short | 72,442 | 3.6560 GBP | |||
25p ordinary | SWAP | Increasing Short | 157,547 | 3.6562 GBP | |||
25p ordinary | SWAP | Increasing Short | 26,174 | 3.6565 GBP | |||
25p ordinary | SWAP | Increasing Short | 97 | 3.6567 GBP | |||
25p ordinary | SWAP | Increasing Short | 7,315 | 3.6573 GBP | |||
25p ordinary | SWAP | Increasing Short | 23,469 | 3.6615 GBP | |||
25p ordinary | SWAP | Increasing Short | 57,868 | 3.6637 GBP | |||
25p ordinary | SWAP | Increasing Short | 342 | 3.6677 GBP | |||
25p ordinary | SWAP | Increasing Short | 237 | 3.6691 GBP | |||
25p ordinary | SWAP | Increasing Short | 19,899 | 3.6740 GBP | |||
25p ordinary | SWAP | Increasing Short | 51,669 | 3.6762 GBP | |||
25p ordinary | SWAP | Increasing Short | 69 | 3.6819 GBP | |||
25p ordinary | SWAP | Increasing Short | 179 | 3.6826 GBP | |||
25p ordinary | SWAP | Increasing Short | 500 | 3.6840 GBP | |||
25p ordinary | SWAP | Increasing Short | 11,240 | 3.6844 GBP | |||
25p ordinary | SWAP | Increasing Short | 280 | 3.6880 GBP | |||
25p ordinary | SWAP | Increasing Short | 5,407 | 3.6949 GBP | |||
25p ordinary | SWAP | Increasing Short | 6,961 | 3.7058 GBP | |||
25p ordinary | SWAP | Increasing Short | 35,738 | 3.7159 GBP | |||
25p ordinary | SWAP | Increasing Short | 1,391 | 3.7263 GBP | |||
25p ordinary | CFD | Increasing Long | 313 | 3.6560 GBP | |||
25p ordinary | CFD | Decreasing Long | 6,321 | 3.6562 GBP | |||
25p ordinary | CFD | Decreasing Long | 28,705 | 3.6563 GBP | |||
25p ordinary | CFD | Decreasing Long | 11,712 | 3.6572 GBP | |||
25p ordinary | CFD | Decreasing Long | 134 | 3.6702 GBP | |||
25p ordinary | CFD | Decreasing Long | 21,919 | 3.7094 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: | 16 Mar 2026 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Shares:
BarclaysBritish Land