18th Feb 2026 11:46
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: | 17 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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| 8,499,769 | 0.85% | 6,345,721 | 0.63% |
(2) | Cash-settled derivatives: |
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| 6,014,942 | 0.60% | 3,856,732 | 0.39% |
(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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| 14,514,711 | 1.45% | 10,202,453 | 1.02% |
(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 | 183,175 | 4.1202 GBP | ||||
25p ordinary | Purchase | 113,488 | 4.1040 GBP | ||||
25p ordinary | Purchase | 72,680 | 4.1147 GBP | ||||
25p ordinary | Purchase | 51,862 | 4.1520 GBP | ||||
25p ordinary | Purchase | 42,469 | 4.1090 GBP | ||||
25p ordinary | Purchase | 35,773 | 4.1178 GBP | ||||
25p ordinary | Purchase | 21,187 | 4.1195 GBP | ||||
25p ordinary | Purchase | 20,093 | 4.1176 GBP | ||||
25p ordinary | Purchase | 16,534 | 4.1234 GBP | ||||
25p ordinary | Purchase | 15,651 | 4.1071 GBP | ||||
25p ordinary | Purchase | 15,579 | 4.1001 GBP | ||||
25p ordinary | Purchase | 15,266 | 4.1133 GBP | ||||
25p ordinary | Purchase | 9,295 | 4.1134 GBP | ||||
25p ordinary | Purchase | 8,153 | 4.1019 GBP | ||||
25p ordinary | Purchase | 8,023 | 4.1000 GBP | ||||
25p ordinary | Purchase | 6,099 | 4.1315 GBP | ||||
25p ordinary | Purchase | 5,797 | 4.1078 GBP | ||||
25p ordinary | Purchase | 4,788 | 4.1228 GBP | ||||
25p ordinary | Purchase | 4,540 | 4.1091 GBP | ||||
25p ordinary | Purchase | 4,262 | 4.1065 GBP | ||||
25p ordinary | Purchase | 3,164 | 4.0500 GBP | ||||
25p ordinary | Purchase | 3,041 | 4.0960 GBP | ||||
25p ordinary | Purchase | 2,958 | 4.1200 GBP | ||||
25p ordinary | Purchase | 2,218 | 4.1249 GBP | ||||
25p ordinary | Purchase | 2,182 | 4.0984 GBP | ||||
25p ordinary | Purchase | 2,138 | 4.0953 GBP | ||||
25p ordinary | Purchase | 2,130 | 4.1159 GBP | ||||
25p ordinary | Purchase | 2,124 | 4.1020 GBP | ||||
25p ordinary | Purchase | 1,898 | 4.1039 GBP | ||||
25p ordinary | Purchase | 1,507 | 4.1120 GBP | ||||
25p ordinary | Purchase | 1,338 | 4.0919 GBP | ||||
25p ordinary | Purchase | 1,175 | 4.1079 GBP | ||||
25p ordinary | Purchase | 1,135 | 4.1528 GBP | ||||
25p ordinary | Purchase | 700 | 4.0951 GBP | ||||
25p ordinary | Purchase | 488 | 4.1080 GBP | ||||
25p ordinary | Purchase | 420 | 4.1160 GBP | ||||
25p ordinary | Purchase | 366 | 4.0620 GBP | ||||
25p ordinary | Purchase | 265 | 4.1240 GBP | ||||
25p ordinary | Purchase | 220 | 4.1180 GBP | ||||
25p ordinary | Purchase | 172 | 4.1110 GBP | ||||
25p ordinary | Purchase | 96 | 4.0900 GBP | ||||
25p ordinary | Purchase | 60 | 4.0615 GBP | ||||
25p ordinary | Sale | 514,307 | 4.1481 GBP | ||||
25p ordinary | Sale | 91,675 | 4.1100 GBP | ||||
25p ordinary | Sale | 68,141 | 4.1520 GBP | ||||
25p ordinary | Sale | 40,178 | 4.1078 GBP | ||||
25p ordinary | Sale | 19,798 | 4.1041 GBP | ||||
25p ordinary | Sale | 15,347 | 4.1516 GBP | ||||
25p ordinary | Sale | 14,757 | 4.1394 GBP | ||||
25p ordinary | Sale | 13,842 | 4.1178 GBP | ||||
25p ordinary | Sale | 12,380 | 4.1047 GBP | ||||
25p ordinary | Sale | 12,360 | 4.1177 GBP | ||||
25p ordinary | Sale | 10,742 | 4.1327 GBP | ||||
25p ordinary | Sale | 6,076 | 4.1050 GBP | ||||
25p ordinary | Sale | 5,801 | 4.1083 GBP | ||||
25p ordinary | Sale | 5,706 | 4.1174 GBP | ||||
25p ordinary | Sale | 5,691 | 4.1053 GBP | ||||
25p ordinary | Sale | 5,400 | 4.1156 GBP | ||||
25p ordinary | Sale | 5,213 | 4.1020 GBP | ||||
25p ordinary | Sale | 4,979 | 4.1004 GBP | ||||
25p ordinary | Sale | 4,533 | 4.1025 GBP | ||||
25p ordinary | Sale | 4,085 | 4.1180 GBP | ||||
25p ordinary | Sale | 3,990 | 4.1240 GBP | ||||
25p ordinary | Sale | 3,455 | 4.1055 GBP | ||||
25p ordinary | Sale | 3,340 | 4.1089 GBP | ||||
25p ordinary | Sale | 3,067 | 4.1080 GBP | ||||
25p ordinary | Sale | 2,785 | 4.1120 GBP | ||||
25p ordinary | Sale | 1,966 | 4.1125 GBP | ||||
25p ordinary | Sale | 1,726 | 4.1450 GBP | ||||
25p ordinary | Sale | 1,078 | 4.1005 GBP | ||||
25p ordinary | Sale | 933 | 4.1427 GBP | ||||
25p ordinary | Sale | 312 | 4.1000 GBP | ||||
25p ordinary | Sale | 212 | 4.0804 GBP | ||||
25p ordinary | Sale | 209 | 4.1060 GBP | ||||
25p ordinary | Sale | 172 | 4.1110 GBP | ||||
25p ordinary | Sale | 168 | 4.0960 GBP | ||||
25p ordinary | Sale | 168 | 4.1200 GBP | ||||
25p ordinary | Sale | 32 | 4.0940 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 | 212 | 4.0805 GBP | |||
25p ordinary | SWAP | Increasing Long | 4,533 | 4.1025 GBP | |||
25p ordinary | SWAP | Increasing Long | 12,380 | 4.1047 GBP | |||
25p ordinary | SWAP | Increasing Long | 6,076 | 4.1050 GBP | |||
25p ordinary | SWAP | Increasing Long | 5,691 | 4.1053 GBP | |||
25p ordinary | SWAP | Increasing Long | 40,178 | 4.1078 GBP | |||
25p ordinary | SWAP | Increasing Long | 3,067 | 4.1080 GBP | |||
25p ordinary | SWAP | Increasing Long | 21,970 | 4.1095 GBP | |||
25p ordinary | SWAP | Increasing Long | 55,930 | 4.1100 GBP | |||
25p ordinary | SWAP | Increasing Long | 18,009 | 4.1106 GBP | |||
25p ordinary | SWAP | Increasing Long | 574 | 4.1127 GBP | |||
25p ordinary | SWAP | Increasing Long | 10,742 | 4.1327 GBP | |||
25p ordinary | SWAP | Increasing Long | 14,757 | 4.1394 GBP | |||
25p ordinary | SWAP | Increasing Long | 933 | 4.1427 GBP | |||
25p ordinary | SWAP | Increasing Long | 1,726 | 4.1450 GBP | |||
25p ordinary | SWAP | Increasing Long | 43,473 | 4.1489 GBP | |||
25p ordinary | SWAP | Increasing Long | 539 | 4.1512 USD | |||
25p ordinary | SWAP | Increasing Long | 422,643 | 4.1520 GBP | |||
25p ordinary | SWAP | Decreasing Long | 386 | 4.0620 GBP | |||
25p ordinary | SWAP | Decreasing Long | 7,300 | 4.0921 GBP | |||
25p ordinary | SWAP | Decreasing Long | 2,138 | 4.0953 GBP | |||
25p ordinary | SWAP | Decreasing Long | 191 | 4.1015 GBP | |||
25p ordinary | SWAP | Decreasing Long | 113,488 | 4.1040 GBP | |||
25p ordinary | SWAP | Decreasing Long | 35,500 | 4.1055 GBP | |||
25p ordinary | SWAP | Decreasing Long | 69,428 | 4.1064 GBP | |||
25p ordinary | SWAP | Decreasing Long | 1,175 | 4.1079 GBP | |||
25p ordinary | SWAP | Decreasing Long | 42,469 | 4.1090 GBP | |||
25p ordinary | SWAP | Decreasing Long | 92 | 4.1123 GBP | |||
25p ordinary | SWAP | Decreasing Long | 90 | 4.1203 GBP | |||
25p ordinary | SWAP | Decreasing Long | 2,218 | 4.1249 GBP | |||
25p ordinary | SWAP | Decreasing Long | 3,029 | 4.1286 GBP | |||
25p ordinary | SWAP | Decreasing Long | 8,283 | 4.1299 GBP | |||
25p ordinary | SWAP | Decreasing Long | 9,607 | 4.1303 GBP | |||
25p ordinary | SWAP | Decreasing Long | 6,099 | 4.1315 GBP | |||
25p ordinary | SWAP | Decreasing Long | 5,776 | 4.1520 GBP | |||
25p ordinary | SWAP | Decreasing Long | 1,135 | 4.1528 GBP | |||
25p ordinary | CFD | Increasing Long | 19,798 | 4.1041 GBP | |||
25p ordinary | CFD | Increasing Long | 3,455 | 4.1055 GBP | |||
25p ordinary | CFD | Increasing Long | 5,801 | 4.1083 GBP | |||
25p ordinary | CFD | Increasing Long | 11,225 | 4.1091 GBP | |||
25p ordinary | CFD | Increasing Long | 33,766 | 4.1516 GBP | |||
25p ordinary | CFD | Decreasing Long | 3,164 | 4.0500 GBP | |||
25p ordinary | CFD | Decreasing Long | 4,930 | 4.1019 GBP | |||
25p ordinary | CFD | Decreasing Long | 15,651 | 4.1071 GBP | |||
25p ordinary | CFD | Decreasing Long | 16,395 | 4.1109 GBP | |||
25p ordinary | CFD | Decreasing Long | 389 | 4.1205 GBP | |||
25p ordinary | CFD | Decreasing Long | 146,524 | 4.1220 GBP | |||
25p ordinary | CFD | Decreasing Long | 13,403 | 4.1520 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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| per unit |
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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: | 18 Feb 2026 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysBritish Land