Form 8.3 BRITISH LAND COMPANY PLC, THE

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:

20 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:

10,900,251

1.09%

9,796,658

0.98%

(2)

Cash-settled derivatives:

9,615,182

0.96%

8,789,270

0.88%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

20,515,433

2.05%

18,585,928

1.86%

(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

1,066,340

3.5280 GBP

25p ordinary

Purchase

920,140

3.5303 GBP

25p ordinary

Purchase

510,930

3.5276 GBP

25p ordinary

Purchase

404,124

3.5282 GBP

25p ordinary

Purchase

259,796

3.5391 GBP

25p ordinary

Purchase

207,497

3.6075 GBP

25p ordinary

Purchase

179,818

3.5875 GBP

25p ordinary

Purchase

160,200

3.5350 GBP

25p ordinary

Purchase

106,587

3.5848 GBP

25p ordinary

Purchase

59,791

3.5358 GBP

25p ordinary

Purchase

51,800

3.6213 GBP

25p ordinary

Purchase

40,170

3.5820 GBP

25p ordinary

Purchase

36,223

3.5669 GBP

25p ordinary

Purchase

35,645

3.5274 GBP

25p ordinary

Purchase

34,214

3.5974 GBP

25p ordinary

Purchase

30,846

3.5584 GBP

25p ordinary

Purchase

16,870

3.5887 GBP

25p ordinary

Purchase

16,584

3.5936 GBP

25p ordinary

Purchase

15,133

3.5370 GBP

25p ordinary

Purchase

10,736

3.5444 GBP

25p ordinary

Purchase

8,085

3.5905 GBP

25p ordinary

Purchase

7,870

3.5597 GBP

25p ordinary

Purchase

7,307

3.6092 GBP

25p ordinary

Purchase

6,384

3.6080 GBP

25p ordinary

Purchase

6,361

3.5937 GBP

25p ordinary

Purchase

4,600

3.5480 GBP

25p ordinary

Purchase

4,270

3.6093 GBP

25p ordinary

Purchase

3,624

3.5283 GBP

25p ordinary

Purchase

3,557

3.5380 GBP

25p ordinary

Purchase

3,233

3.5297 GBP

25p ordinary

Purchase

2,500

3.5340 GBP

25p ordinary

Purchase

2,142

3.5309 GBP

25p ordinary

Purchase

1,694

3.5970 GBP

25p ordinary

Purchase

1,609

3.5550 GBP

25p ordinary

Purchase

1,482

3.5320 GBP

25p ordinary

Purchase

1,405

3.6112 GBP

25p ordinary

Purchase

1,348

3.5287 GBP

ADR

Purchase

1,157

4.6237 USD

25p ordinary

Purchase

927

3.6121 GBP

25p ordinary

Purchase

905

3.5300 GBP

25p ordinary

Purchase

589

3.5544 GBP

25p ordinary

Purchase

538

3.6336 GBP

25p ordinary

Purchase

535

3.6150 GBP

25p ordinary

Purchase

446

3.5440 GBP

25p ordinary

Purchase

417

3.5400 GBP

25p ordinary

Purchase

310

3.6240 GBP

25p ordinary

Purchase

304

3.5360 GBP

25p ordinary

Purchase

141

3.5390 GBP

25p ordinary

Purchase

100

3.6159 GBP

ADR

Purchase

100

4.6600 USD

25p ordinary

Purchase

42

3.5609 GBP

25p ordinary

Purchase

39

3.5220 GBP

25p ordinary

Sale

1,959,352

3.5280 GBP

25p ordinary

Sale

739,340

3.5305 GBP

25p ordinary

Sale

702,877

3.5283 GBP

25p ordinary

Sale

622,010

3.6320 GBP

25p ordinary

Sale

203,573

3.5880 GBP

25p ordinary

Sale

186,084

3.6080 GBP

25p ordinary

Sale

106,158

3.5392 GBP

25p ordinary

Sale

63,096

3.5467 GBP

25p ordinary

Sale

47,016

3.5288 GBP

25p ordinary

Sale

43,062

3.5281 GBP

25p ordinary

Sale

36,283

3.5403 GBP

25p ordinary

Sale

36,225

3.5434 GBP

25p ordinary

Sale

24,144

3.5463 GBP

25p ordinary

Sale

22,819

3.5393 GBP

25p ordinary

Sale

18,267

3.5576 GBP

25p ordinary

Sale

16,101

3.5333 GBP

25p ordinary

Sale

14,404

3.5357 GBP

25p ordinary

Sale

14,000

3.6124 GBP

25p ordinary

Sale

12,500

3.5460 GBP

25p ordinary

Sale

12,139

3.5284 GBP

25p ordinary

Sale

8,510

3.5480 GBP

25p ordinary

Sale

8,403

3.6090 GBP

25p ordinary

Sale

7,931

3.5381 GBP

25p ordinary

Sale

7,731

3.5431 GBP

25p ordinary

Sale

7,065

3.5725 GBP

25p ordinary

Sale

6,996

3.6025 GBP

25p ordinary

Sale

6,293

3.5473 GBP

25p ordinary

Sale

5,000

3.5470 GBP

25p ordinary

Sale

4,459

3.5198 GBP

25p ordinary

Sale

4,434

3.5271 GBP

25p ordinary

Sale

4,037

3.6081 GBP

25p ordinary

Sale

3,593

3.5441 GBP

25p ordinary

Sale

3,540

3.6100 GBP

25p ordinary

Sale

3,104

3.5840 GBP

25p ordinary

Sale

3,096

3.5780 GBP

25p ordinary

Sale

2,931

3.5230 GBP

25p ordinary

Sale

2,795

3.5557 GBP

25p ordinary

Sale

2,599

3.5272 GBP

25p ordinary

Sale

2,355

3.6102 GBP

25p ordinary

Sale

2,135

3.6093 GBP

25p ordinary

Sale

2,039

3.5220 GBP

25p ordinary

Sale

1,847

3.5795 GBP

25p ordinary

Sale

1,694

3.5970 GBP

25p ordinary

Sale

1,510

3.5400 GBP

25p ordinary

Sale

1,438

3.5245 GBP

25p ordinary

Sale

1,361

3.5277 GBP

25p ordinary

Sale

1,168

3.5421 GBP

ADR

Sale

1,157

4.6237 USD

25p ordinary

Sale

981

3.5240 GBP

25p ordinary

Sale

919

3.5980 GBP

25p ordinary

Sale

912

3.5200 GBP

25p ordinary

Sale

824

3.5264 GBP

25p ordinary

Sale

815

3.6379 GBP

25p ordinary

Sale

698

3.6000 GBP

25p ordinary

Sale

684

3.6152 GBP

25p ordinary

Sale

545

3.6032 GBP

25p ordinary

Sale

523

3.5960 GBP

25p ordinary

Sale

446

3.5440 GBP

25p ordinary

Sale

434

3.6020 GBP

25p ordinary

Sale

417

3.5360 GBP

25p ordinary

Sale

291

3.5262 GBP

25p ordinary

Sale

270

3.6064 GBP

25p ordinary

Sale

254

3.5520 GBP

25p ordinary

Sale

229

3.5199 GBP

25p ordinary

Sale

141

3.5390 GBP

ADR

Sale

100

4.6600 USD

25p ordinary

Sale

67

3.5270 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

67

3.5270 GBP

25p ordinary

SWAP

Decreasing Short

1,361

3.5277 GBP

25p ordinary

SWAP

Decreasing Short

242,318

3.5280 GBP

25p ordinary

SWAP

Decreasing Short

14,485

3.5281 GBP

25p ordinary

SWAP

Decreasing Short

29,256

3.5282 GBP

25p ordinary

SWAP

Opening Long

324,732

3.5291 GBP

25p ordinary

SWAP

Increasing Long

452

3.5331 GBP

25p ordinary

SWAP

Increasing Long

304

3.5360 GBP

25p ordinary

SWAP

Increasing Long

22,713

3.5389 GBP

25p ordinary

SWAP

Increasing Long

863

3.5420 GBP

25p ordinary

SWAP

Increasing Long

36,225

3.5434 GBP

25p ordinary

SWAP

Increasing Long

10,000

3.5456 GBP

25p ordinary

SWAP

Increasing Long

31,821

3.5478 GBP

25p ordinary

SWAP

Increasing Long

18,267

3.5576 GBP

25p ordinary

SWAP

Increasing Long

1,079

3.6060 GBP

25p ordinary

SWAP

Increasing Long

1,073

3.6070 GBP

25p ordinary

SWAP

Increasing Long

1,399

3.6110 GBP

25p ordinary

SWAP

Increasing Long

14,000

3.6124 GBP

25p ordinary

SWAP

Increasing Long

434

3.6150 GBP

25p ordinary

SWAP

Increasing Long

1,817

3.6190 GBP

25p ordinary

SWAP

Increasing Long

425

3.6200 GBP

25p ordinary

SWAP

Increasing Long

106

3.6270 GBP

25p ordinary

SWAP

Increasing Long

623,409

3.6320 GBP

25p ordinary

SWAP

Increasing Long

815

3.6379 GBP

25p ordinary

SWAP

Increasing Long

1,400

3.6410 GBP

25p ordinary

SWAP

Decreasing Long

87,634

3.5278 GBP

25p ordinary

SWAP

Decreasing Long

5,755

3.5280 GBP

25p ordinary

SWAP

Decreasing Long

1,348

3.5287 GBP

25p ordinary

SWAP

Decreasing Long

3,123

3.5313 GBP

25p ordinary

SWAP

Decreasing Long

10,000

3.5314 GBP

25p ordinary

SWAP

Decreasing Long

138,300

3.5349 GBP

25p ordinary

SWAP

Decreasing Long

21,900

3.5356 GBP

25p ordinary

SWAP

Decreasing Long

500

3.5364 GBP

25p ordinary

SWAP

Decreasing Long

11,121

3.5551 GBP

25p ordinary

SWAP

Decreasing Long

60,194

3.5556 GBP

25p ordinary

SWAP

Decreasing Long

15,571

3.5596 GBP

25p ordinary

SWAP

Decreasing Long

42

3.5610 GBP

25p ordinary

SWAP

Decreasing Long

40,170

3.5820 GBP

25p ordinary

SWAP

Decreasing Long

57,718

3.5824 GBP

25p ordinary

SWAP

Decreasing Long

106,587

3.5848 GBP

25p ordinary

SWAP

Decreasing Long

71,178

3.5870 GBP

25p ordinary

SWAP

Decreasing Long

41,557

3.5880 GBP

25p ordinary

SWAP

Decreasing Long

16,870

3.5886 GBP

25p ordinary

SWAP

Decreasing Long

8,085

3.5905 GBP

25p ordinary

SWAP

Decreasing Long

22,945

3.5936 GBP

25p ordinary

SWAP

Decreasing Long

1,079

3.6060 GBP

25p ordinary

SWAP

Decreasing Long

1,073

3.6070 GBP

25p ordinary

SWAP

Decreasing Long

1,399

3.6110 GBP

25p ordinary

SWAP

Decreasing Long

434

3.6150 GBP

25p ordinary

SWAP

Decreasing Long

425

3.6200 GBP

25p ordinary

SWAP

Decreasing Long

51,800

3.6213 GBP

25p ordinary

SWAP

Decreasing Long

1,399

3.6320 GBP

25p ordinary

SWAP

Decreasing Long

1,400

3.6410 GBP

25p ordinary

CFD

Increasing Long

57,406

3.5269 GBP

25p ordinary

CFD

Increasing Long

3,376

3.5280 GBP

25p ordinary

CFD

Increasing Long

5,359

3.5450 GBP

25p ordinary

CFD

Increasing Long

1,378

3.6001 GBP

25p ordinary

CFD

Increasing Long

2,355

3.6102 GBP

25p ordinary

CFD

Increasing Long

11,639

3.6229 GBP

25p ordinary

CFD

Decreasing Long

3

3.5266 GBP

25p ordinary

CFD

Decreasing Long

9,398

3.5279 GBP

25p ordinary

CFD

Decreasing Long

34,214

3.5974 GBP

25p ordinary

CFD

Decreasing Long

6,384

3.6079 GBP

25p ordinary

CFD

Decreasing Long

3,056

3.6082 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:

23 Mar 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213