17th Feb 2026 11:21
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 |
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| 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 |
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| offeror/offeree, state this and specify identity of | ||||||
| offeror/offeree: | ||||||
(e) | Date position held/dealing undertaken: | 16 Feb 2026 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making | YES: |
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| disclosures in respect of any other party to the offer? | LIFE SCIENCE REIT PLC |
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2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree |
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| to which the disclosure relates following the dealing(if any) |
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Class of relevant security: | 25p ordinary | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 8,352,381 | 0.84% | 5,998,218 | 0.60% |
(2) | Cash-settled derivatives: |
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| 5,632,411 | 0.56% | 3,702,819 | 0.37% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 0 | 0.00% |
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| TOTAL: |
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| 13,984,792 | 1.40% | 9,701,037 | 0.97% |
(b) | Rights to subscribe for new securities (including directors and other executive |
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| options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. | DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Purchases and sales |
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Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security |
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25p ordinary | Purchase | 173,293 | 4.0500 GBP | ||||
25p ordinary | Purchase | 97,746 | 4.0572 GBP | ||||
25p ordinary | Purchase | 87,644 | 4.0502 GBP | ||||
25p ordinary | Purchase | 59,867 | 4.0624 GBP | ||||
25p ordinary | Purchase | 55,908 | 4.0637 GBP | ||||
25p ordinary | Purchase | 45,484 | 4.0493 GBP | ||||
25p ordinary | Purchase | 29,001 | 4.0380 GBP | ||||
25p ordinary | Purchase | 25,664 | 4.0689 GBP | ||||
25p ordinary | Purchase | 23,076 | 4.0715 GBP | ||||
25p ordinary | Purchase | 20,018 | 4.0577 GBP | ||||
25p ordinary | Purchase | 19,763 | 4.0501 GBP | ||||
25p ordinary | Purchase | 19,580 | 4.0515 GBP | ||||
25p ordinary | Purchase | 16,111 | 4.0412 GBP | ||||
25p ordinary | Purchase | 12,030 | 4.0588 GBP | ||||
25p ordinary | Purchase | 7,145 | 4.0351 GBP | ||||
25p ordinary | Purchase | 6,051 | 4.0708 GBP | ||||
25p ordinary | Purchase | 5,066 | 4.0739 GBP | ||||
25p ordinary | Purchase | 4,824 | 4.0411 GBP | ||||
25p ordinary | Purchase | 4,724 | 4.0436 GBP | ||||
25p ordinary | Purchase | 4,485 | 4.0561 GBP | ||||
25p ordinary | Purchase | 3,582 | 4.0723 GBP | ||||
25p ordinary | Purchase | 3,245 | 4.0533 GBP | ||||
25p ordinary | Purchase | 2,890 | 4.0562 GBP | ||||
25p ordinary | Purchase | 2,842 | 4.0592 GBP | ||||
25p ordinary | Purchase | 2,811 | 4.0420 GBP | ||||
25p ordinary | Purchase | 2,767 | 4.0522 GBP | ||||
25p ordinary | Purchase | 2,599 | 4.0490 GBP | ||||
25p ordinary | Purchase | 2,442 | 4.0440 GBP | ||||
25p ordinary | Purchase | 2,207 | 4.0752 GBP | ||||
25p ordinary | Purchase | 2,015 | 4.0540 GBP | ||||
25p ordinary | Purchase | 2,013 | 4.0400 GBP | ||||
25p ordinary | Purchase | 1,944 | 4.1040 GBP | ||||
25p ordinary | Purchase | 1,707 | 4.0548 GBP | ||||
25p ordinary | Purchase | 1,637 | 4.0680 GBP | ||||
25p ordinary | Purchase | 1,267 | 4.0983 GBP | ||||
25p ordinary | Purchase | 763 | 4.0580 GBP | ||||
25p ordinary | Purchase | 749 | 4.0386 GBP | ||||
25p ordinary | Purchase | 739 | 4.0550 GBP | ||||
25p ordinary | Purchase | 690 | 4.0560 GBP | ||||
25p ordinary | Purchase | 669 | 4.0682 GBP | ||||
25p ordinary | Purchase | 576 | 4.0503 GBP | ||||
25p ordinary | Purchase | 245 | 4.0340 GBP | ||||
25p ordinary | Purchase | 245 | 4.0338 GBP | ||||
25p ordinary | Purchase | 177 | 4.0820 GBP | ||||
25p ordinary | Purchase | 164 | 4.0740 GBP | ||||
25p ordinary | Purchase | 42 | 4.0800 GBP | ||||
25p ordinary | Purchase | 33 | 4.0600 GBP | ||||
25p ordinary | Purchase | 13 | 4.0620 GBP | ||||
25p ordinary | Purchase | 12 | 4.0260 GBP | ||||
25p ordinary | Purchase | 12 | 4.0760 GBP | ||||
25p ordinary | Purchase | 7 | 4.0300 GBP | ||||
25p ordinary | Sale | 382,623 | 4.0559 GBP | ||||
25p ordinary | Sale | 259,045 | 4.0508 GBP | ||||
25p ordinary | Sale | 168,988 | 4.0500 GBP | ||||
25p ordinary | Sale | 129,092 | 4.0600 GBP | ||||
25p ordinary | Sale | 115,092 | 4.0502 GBP | ||||
25p ordinary | Sale | 64,368 | 4.1000 GBP | ||||
25p ordinary | Sale | 32,137 | 4.0626 GBP | ||||
25p ordinary | Sale | 26,224 | 4.0611 GBP | ||||
25p ordinary | Sale | 25,704 | 4.0589 GBP | ||||
25p ordinary | Sale | 24,580 | 4.0681 GBP | ||||
25p ordinary | Sale | 17,129 | 4.0619 GBP | ||||
25p ordinary | Sale | 8,372 | 4.0615 GBP | ||||
25p ordinary | Sale | 8,288 | 4.0475 GBP | ||||
25p ordinary | Sale | 6,425 | 4.0716 GBP | ||||
25p ordinary | Sale | 5,358 | 4.0542 GBP | ||||
25p ordinary | Sale | 4,045 | 4.0883 GBP | ||||
25p ordinary | Sale | 3,906 | 4.0540 GBP | ||||
25p ordinary | Sale | 2,822 | 4.0420 GBP | ||||
25p ordinary | Sale | 2,654 | 4.0441 GBP | ||||
25p ordinary | Sale | 2,599 | 4.0490 GBP | ||||
25p ordinary | Sale | 2,056 | 4.0260 GBP | ||||
25p ordinary | Sale | 2,013 | 4.0400 GBP | ||||
25p ordinary | Sale | 1,277 | 4.0700 GBP | ||||
25p ordinary | Sale | 1,212 | 4.0661 GBP | ||||
25p ordinary | Sale | 937 | 4.0854 GBP | ||||
25p ordinary | Sale | 932 | 4.0602 GBP | ||||
25p ordinary | Sale | 855 | 4.0429 GBP | ||||
25p ordinary | Sale | 763 | 4.0580 GBP | ||||
25p ordinary | Sale | 736 | 4.0585 GBP | ||||
25p ordinary | Sale | 276 | 4.0920 GBP | ||||
25p ordinary | Sale | 245 | 4.0340 GBP | ||||
25p ordinary | Sale | 177 | 4.0820 GBP | ||||
25p ordinary | Sale | 177 | 4.0740 GBP | ||||
25p ordinary | Sale | 88 | 4.0721 GBP | ||||
25p ordinary | Sale | 71 | 4.0803 GBP | ||||
25p ordinary | Sale | 42 | 4.0800 GBP | ||||
25p ordinary | Sale | 23 | 4.0731 GBP | ||||
25p ordinary | Sale | 19 | 4.0440 GBP | ||||
25p ordinary | Sale | 13 | 4.0620 GBP | ||||
25p ordinary | Sale | 12 | 4.0760 GBP | ||||
25p ordinary | Sale | 7 | 4.0300 GBP | ||||
25p ordinary | Sale | 4 | 4.0875 GBP | ||||
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(b) | Cash-settled derivative transactions |
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Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
| reference | unit | |||
security |
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25p ordinary | SWAP | Increasing Long | 8,288 | 4.0475 GBP | |||
25p ordinary | SWAP | Increasing Long | 57 | 4.0499 GBP | |||
25p ordinary | SWAP | Increasing Long | 216,484 | 4.0500 GBP | |||
25p ordinary | SWAP | Increasing Long | 28,564 | 4.0507 GBP | |||
25p ordinary | SWAP | Increasing Long | 2,083 | 4.0508 GBP | |||
25p ordinary | SWAP | Increasing Long | 5,358 | 4.0542 GBP | |||
25p ordinary | SWAP | Increasing Long | 18,508 | 4.0586 GBP | |||
25p ordinary | SWAP | Increasing Long | 143 | 4.0619 GBP | |||
25p ordinary | SWAP | Increasing Long | 32,137 | 4.0626 GBP | |||
25p ordinary | SWAP | Increasing Long | 12,323 | 4.0629 GBP | |||
25p ordinary | SWAP | Increasing Long | 1,069 | 4.0652 GBP | |||
25p ordinary | SWAP | Increasing Long | 24,580 | 4.0681 GBP | |||
25p ordinary | SWAP | Increasing Long | 6,425 | 4.0716 GBP | |||
25p ordinary | SWAP | Increasing Long | 141 | 4.0739 GBP | |||
25p ordinary | SWAP | Increasing Long | 4 | 4.0879 GBP | |||
25p ordinary | SWAP | Increasing Long | 64,368 | 4.1000 GBP | |||
25p ordinary | SWAP | Decreasing Long | 2,423 | 4.0440 GBP | |||
25p ordinary | SWAP | Decreasing Long | 894 | 4.0485 GBP | |||
25p ordinary | SWAP | Decreasing Long | 992 | 4.0490 GBP | |||
25p ordinary | SWAP | Decreasing Long | 87,644 | 4.0502 GBP | |||
25p ordinary | SWAP | Decreasing Long | 667 | 4.0503 GBP | |||
25p ordinary | SWAP | Decreasing Long | 19,580 | 4.0515 GBP | |||
25p ordinary | SWAP | Decreasing Long | 2,767 | 4.0522 GBP | |||
25p ordinary | SWAP | Decreasing Long | 3,245 | 4.0533 GBP | |||
25p ordinary | SWAP | Decreasing Long | 91 | 4.0543 GBP | |||
25p ordinary | SWAP | Decreasing Long | 316 | 4.0560 GBP | |||
25p ordinary | SWAP | Decreasing Long | 808 | 4.0569 GBP | |||
25p ordinary | SWAP | Decreasing Long | 44,487 | 4.0582 GBP | |||
25p ordinary | SWAP | Decreasing Long | 2,169 | 4.0585 GBP | |||
25p ordinary | SWAP | Decreasing Long | 2,842 | 4.0592 GBP | |||
25p ordinary | SWAP | Decreasing Long | 7,394 | 4.0602 GBP | |||
25p ordinary | SWAP | Decreasing Long | 44,635 | 4.0618 GBP | |||
25p ordinary | SWAP | Decreasing Long | 38,769 | 4.0621 GBP | |||
25p ordinary | SWAP | Decreasing Long | 321 | 4.0646 GBP | |||
25p ordinary | SWAP | Decreasing Long | 669 | 4.0682 GBP | |||
25p ordinary | SWAP | Decreasing Long | 6,051 | 4.0708 GBP | |||
25p ordinary | SWAP | Decreasing Long | 1,267 | 4.0983 GBP | |||
25p ordinary | CFD | Increasing Long | 40,251 | 4.0496 GBP | |||
25p ordinary | CFD | Increasing Long | 3,264 | 4.0536 GBP | |||
25p ordinary | CFD | Increasing Long | 8,372 | 4.0615 GBP | |||
25p ordinary | CFD | Increasing Long | 17,129 | 4.0619 GBP | |||
25p ordinary | CFD | Increasing Long | 3,833 | 4.0687 GBP | |||
25p ordinary | CFD | Increasing Long | 937 | 4.0854 GBP | |||
25p ordinary | CFD | Decreasing Long | 5,259 | 4.0379 GBP | |||
25p ordinary | CFD | Decreasing Long | 23,742 | 4.0380 GBP | |||
25p ordinary | CFD | Decreasing Long | 12,189 | 4.0412 GBP | |||
25p ordinary | CFD | Decreasing Long | 4,968 | 4.0500 GBP | |||
25p ordinary | CFD | Decreasing Long | 19,763 | 4.0501 GBP | |||
25p ordinary | CFD | Decreasing Long | 1,707 | 4.0548 GBP | |||
25p ordinary | CFD | Decreasing Long | 4,087 | 4.0628 GBP | |||
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(c) | Stock-settled derivative transactions (including options) |
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(i) | Writing, selling, purchasing or varying |
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Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price |
| date | money |
relevant |
| selling, | securities | per unit |
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security |
| varying etc | to which |
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| received |
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| option |
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(ii) | Exercise |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
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(d) | Other dealings (including subscribing for new securities) |
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Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security |
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4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE | |||||||
(c) | Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 17 Feb 2026 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysBritish Land