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:

12 Feb 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:

8,270,336

0.83%

6,289,045

0.63%

(2)

Cash-settled derivatives:

5,947,425

0.59%

3,224,380

0.32%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

14,217,761

1.42%

9,513,425

0.95%

(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

867,353

4.0605 GBP

25p ordinary

Purchase

202,751

4.0711 GBP

25p ordinary

Purchase

200,000

4.0592 GBP

25p ordinary

Purchase

179,466

4.0538 GBP

25p ordinary

Purchase

156,425

4.0560 GBP

25p ordinary

Purchase

150,957

4.0600 GBP

25p ordinary

Purchase

131,349

4.0627 GBP

25p ordinary

Purchase

106,239

4.0602 GBP

25p ordinary

Purchase

98,152

4.0611 GBP

25p ordinary

Purchase

94,746

4.0653 GBP

25p ordinary

Purchase

91,007

4.0640 GBP

25p ordinary

Purchase

63,442

4.0702 GBP

25p ordinary

Purchase

51,450

4.0714 GBP

25p ordinary

Purchase

47,796

4.0476 GBP

25p ordinary

Purchase

46,675

4.0525 GBP

25p ordinary

Purchase

42,974

4.0609 GBP

25p ordinary

Purchase

40,360

4.0679 GBP

25p ordinary

Purchase

39,236

4.0666 GBP

25p ordinary

Purchase

36,811

4.0551 GBP

25p ordinary

Purchase

34,014

4.0584 GBP

25p ordinary

Purchase

30,290

4.0601 GBP

25p ordinary

Purchase

28,572

4.0559 GBP

25p ordinary

Purchase

27,819

4.0615 GBP

25p ordinary

Purchase

26,470

4.0685 GBP

25p ordinary

Purchase

24,378

4.0706 GBP

25p ordinary

Purchase

20,376

4.0279 GBP

25p ordinary

Purchase

19,408

4.0662 GBP

25p ordinary

Purchase

17,350

4.0701 GBP

25p ordinary

Purchase

14,435

4.0680 GBP

25p ordinary

Purchase

12,923

4.0700 GBP

25p ordinary

Purchase

12,902

4.0744 GBP

25p ordinary

Purchase

12,115

4.0400 GBP

25p ordinary

Purchase

11,911

4.0438 GBP

25p ordinary

Purchase

11,779

4.0512 GBP

25p ordinary

Purchase

10,246

4.0736 GBP

25p ordinary

Purchase

10,073

4.0748 GBP

25p ordinary

Purchase

9,761

4.0971 GBP

25p ordinary

Purchase

9,559

4.0727 GBP

25p ordinary

Purchase

9,492

4.0523 GBP

25p ordinary

Purchase

9,162

4.0579 GBP

25p ordinary

Purchase

7,920

4.0690 GBP

25p ordinary

Purchase

7,567

4.0572 GBP

25p ordinary

Purchase

7,444

4.0757 GBP

25p ordinary

Purchase

6,267

4.0350 GBP

25p ordinary

Purchase

5,875

4.0643 GBP

25p ordinary

Purchase

5,452

4.0498 GBP

25p ordinary

Purchase

5,037

4.0660 GBP

25p ordinary

Purchase

4,829

4.0693 GBP

25p ordinary

Purchase

4,576

4.0617 GBP

25p ordinary

Purchase

4,172

4.0979 GBP

25p ordinary

Purchase

3,786

4.0892 GBP

25p ordinary

Purchase

3,781

4.0542 GBP

25p ordinary

Purchase

3,726

4.0658 GBP

25p ordinary

Purchase

3,464

4.1220 GBP

25p ordinary

Purchase

2,955

4.0678 GBP

25p ordinary

Purchase

2,805

4.0720 GBP

25p ordinary

Purchase

2,666

4.0580 GBP

25p ordinary

Purchase

2,507

4.1488 GBP

25p ordinary

Purchase

2,262

4.0683 GBP

25p ordinary

Purchase

2,066

4.0365 GBP

25p ordinary

Purchase

2,008

4.0585 GBP

25p ordinary

Purchase

2,008

4.1170 GBP

25p ordinary

Purchase

1,948

4.0682 GBP

25p ordinary

Purchase

1,756

4.0880 GBP

25p ordinary

Purchase

1,734

4.0632 GBP

25p ordinary

Purchase

1,730

4.0809 GBP

25p ordinary

Purchase

1,636

4.0687 GBP

25p ordinary

Purchase

1,569

4.0520 GBP

25p ordinary

Purchase

1,495

4.0840 GBP

25p ordinary

Purchase

1,485

4.1008 GBP

25p ordinary

Purchase

1,371

4.0540 GBP

25p ordinary

Purchase

1,174

4.0760 GBP

25p ordinary

Purchase

1,114

4.0740 GBP

25p ordinary

Purchase

1,019

4.0984 GBP

25p ordinary

Purchase

983

4.0675 GBP

25p ordinary

Purchase

974

4.0530 GBP

25p ordinary

Purchase

937

4.0620 GBP

25p ordinary

Purchase

824

4.0800 GBP

25p ordinary

Purchase

750

3.9850 GBP

25p ordinary

Purchase

660

4.0820 GBP

25p ordinary

Purchase

363

4.0780 GBP

25p ordinary

Purchase

212

4.0860 GBP

25p ordinary

Purchase

175

4.0500 GBP

25p ordinary

Purchase

24

4.0404 GBP

25p ordinary

Purchase

11

4.0763 GBP

25p ordinary

Sale

553,529

4.0626 GBP

25p ordinary

Sale

432,239

4.0605 GBP

25p ordinary

Sale

410,546

4.0600 GBP

25p ordinary

Sale

166,675

4.0361 GBP

25p ordinary

Sale

124,607

4.0636 GBP

25p ordinary

Sale

117,610

4.0127 GBP

25p ordinary

Sale

117,392

4.0474 GBP

25p ordinary

Sale

106,430

4.0516 GBP

25p ordinary

Sale

91,010

4.0733 GBP

25p ordinary

Sale

74,583

4.0598 GBP

25p ordinary

Sale

63,300

4.0548 GBP

25p ordinary

Sale

61,841

4.0369 GBP

25p ordinary

Sale

60,530

4.0500 GBP

25p ordinary

Sale

59,719

4.0615 GBP

25p ordinary

Sale

54,733

4.0377 GBP

25p ordinary

Sale

51,129

4.0687 GBP

25p ordinary

Sale

46,282

4.0591 GBP

25p ordinary

Sale

45,241

4.0651 GBP

25p ordinary

Sale

39,546

4.0658 GBP

25p ordinary

Sale

38,630

4.0540 GBP

25p ordinary

Sale

37,914

4.0711 GBP

25p ordinary

Sale

29,466

4.0638 GBP

25p ordinary

Sale

28,660

4.0503 GBP

25p ordinary

Sale

21,609

4.0597 GBP

25p ordinary

Sale

20,600

4.0578 GBP

25p ordinary

Sale

20,036

4.0583 GBP

25p ordinary

Sale

19,861

4.0575 GBP

25p ordinary

Sale

18,210

4.0236 GBP

25p ordinary

Sale

16,972

4.0542 GBP

25p ordinary

Sale

16,128

4.0692 GBP

25p ordinary

Sale

15,134

4.0572 GBP

25p ordinary

Sale

14,091

4.0634 GBP

25p ordinary

Sale

13,528

4.0741 GBP

25p ordinary

Sale

13,232

4.0585 GBP

25p ordinary

Sale

13,094

4.0601 GBP

25p ordinary

Sale

10,904

4.0498 GBP

25p ordinary

Sale

10,734

4.0653 GBP

25p ordinary

Sale

9,632

4.0531 GBP

25p ordinary

Sale

9,031

4.0519 GBP

25p ordinary

Sale

8,876

4.0643 GBP

25p ordinary

Sale

8,699

4.1041 GBP

25p ordinary

Sale

8,675

4.0701 GBP

25p ordinary

Sale

7,992

4.0538 GBP

25p ordinary

Sale

7,669

4.0564 GBP

25p ordinary

Sale

7,567

4.0560 GBP

25p ordinary

Sale

7,485

4.0631 GBP

25p ordinary

Sale

7,172

4.0710 GBP

25p ordinary

Sale

6,890

4.0438 GBP

25p ordinary

Sale

6,771

4.0592 GBP

25p ordinary

Sale

6,574

4.0544 GBP

25p ordinary

Sale

6,507

4.0573 GBP

25p ordinary

Sale

5,431

4.0491 GBP

25p ordinary

Sale

5,161

4.0568 GBP

25p ordinary

Sale

5,000

4.0160 GBP

25p ordinary

Sale

4,738

4.0690 GBP

25p ordinary

Sale

4,481

4.0535 GBP

25p ordinary

Sale

4,272

4.0494 GBP

25p ordinary

Sale

4,255

4.0652 GBP

25p ordinary

Sale

4,125

4.0700 GBP

25p ordinary

Sale

3,657

4.0660 GBP

25p ordinary

Sale

3,066

4.0680 GBP

25p ordinary

Sale

3,050

4.0812 GBP

25p ordinary

Sale

2,860

4.0778 GBP

25p ordinary

Sale

2,858

4.0460 GBP

25p ordinary

Sale

2,805

4.0720 GBP

25p ordinary

Sale

2,666

4.0580 GBP

25p ordinary

Sale

2,602

4.0718 GBP

25p ordinary

Sale

2,366

4.0363 GBP

25p ordinary

Sale

2,331

4.0457 GBP

25p ordinary

Sale

2,287

4.0344 GBP

25p ordinary

Sale

1,890

4.0704 GBP

25p ordinary

Sale

1,730

4.0809 GBP

25p ordinary

Sale

1,710

4.0392 GBP

25p ordinary

Sale

1,528

4.0400 GBP

25p ordinary

Sale

1,495

4.0840 GBP

25p ordinary

Sale

1,200

4.0794 GBP

25p ordinary

Sale

1,174

4.0760 GBP

25p ordinary

Sale

1,138

4.0620 GBP

25p ordinary

Sale

1,114

4.0740 GBP

25p ordinary

Sale

1,105

4.0473 GBP

25p ordinary

Sale

824

4.0800 GBP

25p ordinary

Sale

802

4.0360 GBP

25p ordinary

Sale

680

4.0790 GBP

25p ordinary

Sale

660

4.0820 GBP

25p ordinary

Sale

551

4.0721 GBP

25p ordinary

Sale

548

4.0520 GBP

25p ordinary

Sale

533

4.0640 GBP

25p ordinary

Sale

500

4.0340 GBP

25p ordinary

Sale

486

4.0539 GBP

25p ordinary

Sale

416

4.0880 GBP

25p ordinary

Sale

363

4.0780 GBP

25p ordinary

Sale

212

4.0860 GBP

25p ordinary

Sale

145

4.1664 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

Increasing Long

47,640

4.0179 GBP

25p ordinary

SWAP

Increasing Long

746

4.0303 GBP

25p ordinary

SWAP

Increasing Long

166,675

4.0361 GBP

25p ordinary

SWAP

Increasing Long

2,366

4.0363 GBP

25p ordinary

SWAP

Increasing Long

6,890

4.0438 GBP

25p ordinary

SWAP

Increasing Long

28,660

4.0503 GBP

25p ordinary

SWAP

Increasing Long

106,430

4.0516 GBP

25p ordinary

SWAP

Increasing Long

17,793

4.0519 GBP

25p ordinary

SWAP

Increasing Long

37,259

4.0540 GBP

25p ordinary

SWAP

Increasing Long

47,201

4.0544 GBP

25p ordinary

SWAP

Increasing Long

6,507

4.0573 GBP

25p ordinary

SWAP

Increasing Long

6,771

4.0591 GBP

25p ordinary

SWAP

Increasing Long

21,609

4.0597 GBP

25p ordinary

SWAP

Increasing Long

239,065

4.0600 GBP

25p ordinary

SWAP

Increasing Long

1,320

4.0603 GBP

25p ordinary

SWAP

Increasing Long

8,218

4.0627 GBP

25p ordinary

SWAP

Increasing Long

2,615

4.0631 GBP

25p ordinary

SWAP

Increasing Long

29,466

4.0638 GBP

25p ordinary

SWAP

Increasing Long

22,575

4.0708 GBP

25p ordinary

SWAP

Increasing Long

112

4.0735 GBP

25p ordinary

SWAP

Increasing Long

146

4.1660 GBP

25p ordinary

SWAP

Decreasing Long

105

4.0020 GBP

25p ordinary

SWAP

Decreasing Long

202

4.0306 GBP

25p ordinary

SWAP

Decreasing Long

24

4.0403 GBP

25p ordinary

SWAP

Decreasing Long

2,800

4.0549 GBP

25p ordinary

SWAP

Decreasing Long

105

4.0556 GBP

25p ordinary

SWAP

Decreasing Long

155,475

4.0560 GBP

25p ordinary

SWAP

Decreasing Long

11,536

4.0578 GBP

25p ordinary

SWAP

Decreasing Long

66,884

4.0583 GBP

25p ordinary

SWAP

Decreasing Long

15,319

4.0600 GBP

25p ordinary

SWAP

Decreasing Long

23,743

4.0601 GBP

25p ordinary

SWAP

Decreasing Long

106,239

4.0602 GBP

25p ordinary

SWAP

Decreasing Long

7,514

4.0603 GBP

25p ordinary

SWAP

Decreasing Long

19,361

4.0606 GBP

25p ordinary

SWAP

Decreasing Long

4,576

4.0617 GBP

25p ordinary

SWAP

Decreasing Long

24,997

4.0634 GBP

25p ordinary

SWAP

Decreasing Long

5,875

4.0643 GBP

25p ordinary

SWAP

Decreasing Long

682

4.0651 GBP

25p ordinary

SWAP

Decreasing Long

1,380

4.0660 GBP

25p ordinary

SWAP

Decreasing Long

39,236

4.0666 GBP

25p ordinary

SWAP

Decreasing Long

1,551

4.0690 GBP

25p ordinary

SWAP

Decreasing Long

202,751

4.0711 GBP

25p ordinary

SWAP

Decreasing Long

83,561

4.0726 GBP

25p ordinary

SWAP

Decreasing Long

932

4.0730 GBP

25p ordinary

SWAP

Decreasing Long

11,830

4.0749 GBP

25p ordinary

CFD

Increasing Long

54,733

4.0377 GBP

25p ordinary

CFD

Increasing Long

6,897

4.0553 GBP

25p ordinary

CFD

Increasing Long

29,360

4.0600 GBP

25p ordinary

CFD

Increasing Long

13,528

4.0741 GBP

25p ordinary

CFD

Increasing Long

2,860

4.0778 GBP

25p ordinary

CFD

Decreasing Long

2,066

4.0365 GBP

25p ordinary

CFD

Decreasing Long

22,508

4.0509 GBP

25p ordinary

CFD

Decreasing Long

263

4.0600 GBP

25p ordinary

CFD

Decreasing Long

98,152

4.0611 GBP

25p ordinary

CFD

Decreasing Long

2,784

4.0661 GBP

25p ordinary

CFD

Decreasing Long

11

4.0763 GBP

25p ordinary

CFD

Decreasing Long

3,417

4.0776 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:

13 Feb 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213