26th Mar 2026 14:46
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: | 25 Mar 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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| 10,974,035 | 1.10% | 8,894,204 | 0.89% |
(2) | Cash-settled derivatives: |
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| 8,574,657 | 0.86% | 8,863,069 | 0.89% |
(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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| 19,548,692 | 1.96% | 17,757,273 | 1.78% |
(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 |
| securities |
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25p ordinary | Purchase | 1,210,260 | 3.5340 GBP | ||||
25p ordinary | Purchase | 152,241 | 3.5545 GBP | ||||
25p ordinary | Purchase | 117,718 | 3.5560 GBP | ||||
25p ordinary | Purchase | 95,981 | 3.5543 GBP | ||||
25p ordinary | Purchase | 78,424 | 3.5559 GBP | ||||
25p ordinary | Purchase | 70,975 | 3.5567 GBP | ||||
25p ordinary | Purchase | 18,407 | 3.5546 GBP | ||||
25p ordinary | Purchase | 7,132 | 3.5572 GBP | ||||
25p ordinary | Purchase | 6,811 | 3.5442 GBP | ||||
25p ordinary | Purchase | 5,105 | 3.5576 GBP | ||||
25p ordinary | Purchase | 4,447 | 3.5395 GBP | ||||
25p ordinary | Purchase | 3,292 | 3.5456 GBP | ||||
25p ordinary | Purchase | 2,918 | 3.5520 GBP | ||||
25p ordinary | Purchase | 2,844 | 3.5596 GBP | ||||
25p ordinary | Purchase | 2,452 | 3.5359 GBP | ||||
25p ordinary | Purchase | 2,347 | 3.5533 GBP | ||||
25p ordinary | Purchase | 2,189 | 3.5500 GBP | ||||
25p ordinary | Purchase | 1,322 | 3.5360 GBP | ||||
25p ordinary | Purchase | 1,142 | 3.5454 GBP | ||||
25p ordinary | Purchase | 1,038 | 3.5407 GBP | ||||
25p ordinary | Purchase | 931 | 3.5540 GBP | ||||
25p ordinary | Purchase | 765 | 3.5440 GBP | ||||
25p ordinary | Purchase | 734 | 3.5550 GBP | ||||
25p ordinary | Purchase | 328 | 3.5580 GBP | ||||
25p ordinary | Purchase | 253 | 3.5302 GBP | ||||
25p ordinary | Purchase | 165 | 3.5660 GBP | ||||
25p ordinary | Purchase | 165 | 3.5640 GBP | ||||
25p ordinary | Purchase | 164 | 3.5460 GBP | ||||
25p ordinary | Purchase | 118 | 3.5529 GBP | ||||
25p ordinary | Purchase | 86 | 3.5555 GBP | ||||
25p ordinary | Sale | 621,120 | 3.5556 GBP | ||||
25p ordinary | Sale | 265,533 | 3.5560 GBP | ||||
25p ordinary | Sale | 160,682 | 3.5548 GBP | ||||
25p ordinary | Sale | 87,549 | 3.5532 GBP | ||||
25p ordinary | Sale | 49,598 | 3.5640 GBP | ||||
25p ordinary | Sale | 37,167 | 3.5529 GBP | ||||
25p ordinary | Sale | 27,753 | 3.5450 GBP | ||||
25p ordinary | Sale | 27,583 | 3.5545 GBP | ||||
25p ordinary | Sale | 22,846 | 3.5550 GBP | ||||
25p ordinary | Sale | 19,448 | 3.5460 GBP | ||||
25p ordinary | Sale | 15,588 | 3.5547 GBP | ||||
25p ordinary | Sale | 10,210 | 3.5576 GBP | ||||
25p ordinary | Sale | 9,749 | 3.5535 GBP | ||||
25p ordinary | Sale | 7,532 | 3.5593 GBP | ||||
25p ordinary | Sale | 6,732 | 3.5549 GBP | ||||
25p ordinary | Sale | 5,688 | 3.5596 GBP | ||||
25p ordinary | Sale | 5,543 | 3.5442 GBP | ||||
25p ordinary | Sale | 4,297 | 3.5496 GBP | ||||
25p ordinary | Sale | 4,029 | 3.5597 GBP | ||||
25p ordinary | Sale | 2,950 | 3.5440 GBP | ||||
25p ordinary | Sale | 2,433 | 3.5503 GBP | ||||
25p ordinary | Sale | 1,909 | 3.5465 GBP | ||||
25p ordinary | Sale | 1,493 | 3.5538 GBP | ||||
25p ordinary | Sale | 1,492 | 3.5400 GBP | ||||
25p ordinary | Sale | 1,469 | 3.5590 GBP | ||||
25p ordinary | Sale | 1,244 | 3.5660 GBP | ||||
25p ordinary | Sale | 1,201 | 3.5220 GBP | ||||
25p ordinary | Sale | 1,049 | 3.5170 GBP | ||||
25p ordinary | Sale | 786 | 3.5380 GBP | ||||
25p ordinary | Sale | 328 | 3.5580 GBP | ||||
25p ordinary | Sale | 165 | 3.5540 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 |
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security |
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25p ordinary | SWAP | Decreasing Short | 3,329 | 3.5188 GBP | |||
25p ordinary | SWAP | Decreasing Short | 2,282 | 3.5189 GBP | |||
25p ordinary | SWAP | Decreasing Short | 151,229 | 3.5215 GBP | |||
25p ordinary | SWAP | Decreasing Short | 4,319 | 3.5465 GBP | |||
25p ordinary | SWAP | Decreasing Short | 4,297 | 3.5496 GBP | |||
25p ordinary | SWAP | Decreasing Short | 2,433 | 3.5502 GBP | |||
25p ordinary | SWAP | Decreasing Short | 100,552 | 3.5532 GBP | |||
25p ordinary | SWAP | Opening Long | 25,440 | 3.5536 GBP | |||
25p ordinary | SWAP | Increasing Long | 27,583 | 3.5545 GBP | |||
25p ordinary | SWAP | Increasing Long | 15,588 | 3.5547 GBP | |||
25p ordinary | SWAP | Increasing Long | 18,281 | 3.5550 GBP | |||
25p ordinary | SWAP | Increasing Long | 236,779 | 3.5559 GBP | |||
25p ordinary | SWAP | Increasing Long | 387,320 | 3.5560 GBP | |||
25p ordinary | SWAP | Increasing Long | 4,029 | 3.5597 GBP | |||
25p ordinary | SWAP | Decreasing Long | 72,151 | 3.5012 GBP | |||
25p ordinary | SWAP | Decreasing Long | 253 | 3.5302 GBP | |||
25p ordinary | SWAP | Opening Short | 1,210,260 | 3.5340 GBP | |||
25p ordinary | SWAP | Increasing Short | 2,452 | 3.5360 GBP | |||
25p ordinary | SWAP | Increasing Short | 200 | 3.5400 GBP | |||
25p ordinary | SWAP | Increasing Short | 685 | 3.5516 GBP | |||
25p ordinary | SWAP | Increasing Short | 2,918 | 3.5520 GBP | |||
25p ordinary | SWAP | Increasing Short | 2,347 | 3.5533 GBP | |||
25p ordinary | SWAP | Increasing Short | 34,568 | 3.5537 GBP | |||
25p ordinary | SWAP | Increasing Short | 50,014 | 3.5548 GBP | |||
25p ordinary | SWAP | Increasing Short | 86 | 3.5556 GBP | |||
25p ordinary | SWAP | Increasing Short | 52,072 | 3.5560 GBP | |||
25p ordinary | SWAP | Increasing Short | 70,975 | 3.5567 GBP | |||
25p ordinary | CFD | Increasing Long | 27,753 | 3.5450 GBP | |||
25p ordinary | CFD | Increasing Long | 22,059 | 3.5467 GBP | |||
25p ordinary | CFD | Increasing Long | 16,339 | 3.5555 GBP | |||
25p ordinary | CFD | Increasing Long | 30,334 | 3.5556 GBP | |||
25p ordinary | CFD | Increasing Long | 16,331 | 3.5558 GBP | |||
25p ordinary | CFD | Increasing Long | 2,682 | 3.5559 GBP | |||
25p ordinary | CFD | Increasing Long | 29,058 | 3.5560 GBP | |||
25p ordinary | CFD | Increasing Long | 1,082 | 3.5564 GBP | |||
25p ordinary | CFD | Increasing Long | 2,308 | 3.5565 GBP | |||
25p ordinary | CFD | Increasing Long | 49,433 | 3.5639 GBP | |||
25p ordinary | CFD | Decreasing Long | 44,118 | 3.5467 GBP | |||
25p ordinary | CFD | Decreasing Long | 91,289 | 3.5542 GBP | |||
25p ordinary | CFD | Decreasing Long | 1,154 | 3.5565 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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| paid/ |
security |
| varying etc | to which |
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| received |
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| option |
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| per unit |
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| relates |
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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: | 26 Mar 2026 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysBritish Land