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:

18 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:

11,224,622

1.12%

9,219,327

0.92%

(2)

Cash-settled derivatives:

9,054,363

0.91%

8,444,504

0.84%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

20,278,985

2.03%

17,663,831

1.77%

(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

400,037

3.7460 GBP

25p ordinary

Purchase

121,392

3.8254 GBP

25p ordinary

Purchase

116,033

3.7528 GBP

25p ordinary

Purchase

30,382

3.7480 GBP

25p ordinary

Purchase

21,862

3.8039 GBP

25p ordinary

Purchase

19,035

3.7563 GBP

25p ordinary

Purchase

11,143

3.7462 GBP

25p ordinary

Purchase

9,088

3.7500 GBP

25p ordinary

Purchase

8,646

3.7624 GBP

25p ordinary

Purchase

6,005

3.7301 GBP

25p ordinary

Purchase

4,007

3.8072 GBP

25p ordinary

Purchase

3,960

3.8128 GBP

25p ordinary

Purchase

3,621

3.7846 GBP

25p ordinary

Purchase

2,627

3.7840 GBP

25p ordinary

Purchase

1,423

3.7520 GBP

25p ordinary

Purchase

1,335

3.7580 GBP

25p ordinary

Purchase

1,059

3.7327 GBP

25p ordinary

Purchase

932

3.7414 GBP

25p ordinary

Purchase

593

3.7300 GBP

25p ordinary

Purchase

566

3.7240 GBP

25p ordinary

Purchase

565

3.7340 GBP

25p ordinary

Purchase

507

3.7260 GBP

25p ordinary

Purchase

489

3.7360 GBP

25p ordinary

Purchase

420

3.7440 GBP

25p ordinary

Purchase

386

3.7420 GBP

25p ordinary

Purchase

340

3.7380 GBP

25p ordinary

Purchase

188

3.7560 GBP

25p ordinary

Purchase

75

3.8180 GBP

25p ordinary

Purchase

72

3.8020 GBP

25p ordinary

Purchase

64

3.7280 GBP

25p ordinary

Purchase

46

3.7400 GBP

25p ordinary

Purchase

6

3.7320 GBP

25p ordinary

Purchase

3

3.7200 GBP

25p ordinary

Sale

1,095,748

3.8120 GBP

25p ordinary

Sale

248,410

3.7569 GBP

25p ordinary

Sale

199,352

3.7459 GBP

25p ordinary

Sale

121,392

3.8254 GBP

25p ordinary

Sale

104,886

3.8220 GBP

25p ordinary

Sale

103,879

3.7460 GBP

25p ordinary

Sale

42,169

3.7763 GBP

25p ordinary

Sale

40,464

3.8282 GBP

25p ordinary

Sale

24,947

3.7736 GBP

25p ordinary

Sale

20,346

3.8140 GBP

25p ordinary

Sale

20,232

3.8281 GBP

25p ordinary

Sale

20,232

3.8199 GBP

25p ordinary

Sale

17,205

3.7778 GBP

25p ordinary

Sale

16,416

3.7393 GBP

25p ordinary

Sale

6,449

3.8088 GBP

25p ordinary

Sale

6,314

3.8009 GBP

25p ordinary

Sale

6,149

3.7759 GBP

25p ordinary

Sale

5,504

3.7676 GBP

25p ordinary

Sale

4,803

3.8035 GBP

25p ordinary

Sale

4,684

3.7532 GBP

25p ordinary

Sale

4,643

3.8086 GBP

25p ordinary

Sale

4,235

3.7598 GBP

25p ordinary

Sale

3,937

3.8100 GBP

25p ordinary

Sale

3,500

3.7696 GBP

25p ordinary

Sale

3,086

3.7282 GBP

25p ordinary

Sale

2,805

3.7427 GBP

25p ordinary

Sale

2,357

3.7954 GBP

25p ordinary

Sale

2,324

3.8024 GBP

25p ordinary

Sale

1,335

3.7580 GBP

25p ordinary

Sale

1,297

3.7850 GBP

25p ordinary

Sale

1,240

3.7360 GBP

25p ordinary

Sale

1,100

3.8152 GBP

25p ordinary

Sale

1,025

3.7520 GBP

25p ordinary

Sale

593

3.7300 GBP

25p ordinary

Sale

579

3.7804 GBP

25p ordinary

Sale

569

3.7529 GBP

25p ordinary

Sale

565

3.7340 GBP

25p ordinary

Sale

527

3.8186 GBP

25p ordinary

Sale

500

3.8080 GBP

25p ordinary

Sale

473

3.7457 GBP

25p ordinary

Sale

457

3.8170 GBP

25p ordinary

Sale

420

3.7440 GBP

25p ordinary

Sale

386

3.7420 GBP

25p ordinary

Sale

375

3.7342 GBP

25p ordinary

Sale

341

3.7260 GBP

25p ordinary

Sale

340

3.7380 GBP

25p ordinary

Sale

205

3.7337 GBP

25p ordinary

Sale

188

3.7560 GBP

25p ordinary

Sale

64

3.7285 GBP

25p ordinary

Sale

46

3.7400 GBP

25p ordinary

Sale

17

3.7288 GBP

25p ordinary

Sale

6

3.7320 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

1,882

3.7260 GBP

25p ordinary

SWAP

Decreasing Short

1,165

3.7300 GBP

25p ordinary

SWAP

Decreasing Short

568

3.7334 GBP

25p ordinary

SWAP

Decreasing Short

205

3.7337 GBP

25p ordinary

SWAP

Decreasing Short

14

3.7340 GBP

25p ordinary

SWAP

Decreasing Short

1,030

3.7370 GBP

25p ordinary

SWAP

Decreasing Short

12,364

3.7389 GBP

25p ordinary

SWAP

Decreasing Short

4,052

3.7406 GBP

25p ordinary

SWAP

Decreasing Short

2,805

3.7427 GBP

25p ordinary

SWAP

Decreasing Short

2,577

3.7435 GBP

25p ordinary

SWAP

Decreasing Short

473

3.7457 GBP

25p ordinary

SWAP

Decreasing Short

155,410

3.7460 GBP

25p ordinary

SWAP

Decreasing Short

27,601

3.7509 GBP

25p ordinary

SWAP

Decreasing Short

569

3.7529 GBP

25p ordinary

SWAP

Decreasing Short

4,684

3.7532 GBP

25p ordinary

SWAP

Decreasing Short

14,265

3.7605 GBP

25p ordinary

SWAP

Decreasing Short

5,200

3.7609 GBP

25p ordinary

SWAP

Decreasing Short

4,116

3.7626 GBP

25p ordinary

SWAP

Decreasing Short

5,557

3.7627 GBP

25p ordinary

SWAP

Decreasing Short

3,500

3.7696 GBP

25p ordinary

SWAP

Decreasing Short

1,509

3.7700 GBP

25p ordinary

SWAP

Decreasing Short

24,947

3.7736 GBP

25p ordinary

SWAP

Decreasing Short

6,149

3.7758 GBP

25p ordinary

SWAP

Decreasing Short

42,169

3.7763 GBP

25p ordinary

SWAP

Decreasing Short

1,509

3.7780 GBP

25p ordinary

SWAP

Decreasing Short

7,871

3.7803 GBP

25p ordinary

SWAP

Decreasing Short

1,505

3.7910 GBP

25p ordinary

SWAP

Decreasing Short

82

3.7920 GBP

25p ordinary

SWAP

Decreasing Short

10,441

3.7930 GBP

25p ordinary

SWAP

Decreasing Short

2,324

3.8024 GBP

25p ordinary

SWAP

Decreasing Short

6,168

3.8070 GBP

25p ordinary

SWAP

Decreasing Short

6,226

3.8080 GBP

25p ordinary

SWAP

Decreasing Short

1,507

3.8100 GBP

25p ordinary

SWAP

Opening Long

1,090,638

3.8120 GBP

25p ordinary

SWAP

Increasing Long

11,902

3.8130 GBP

25p ordinary

SWAP

Increasing Long

6,637

3.8150 GBP

25p ordinary

SWAP

Increasing Long

14,195

3.8170 GBP

25p ordinary

SWAP

Increasing Long

11,307

3.8190 GBP

25p ordinary

SWAP

Increasing Long

6,800

3.8197 GBP

25p ordinary

SWAP

Increasing Long

1,507

3.8220 GBP

25p ordinary

SWAP

Increasing Long

4,841

3.8230 GBP

25p ordinary

SWAP

Decreasing Long

1,882

3.7260 GBP

25p ordinary

SWAP

Decreasing Long

1,165

3.7300 GBP

25p ordinary

SWAP

Decreasing Long

1,225

3.7307 GBP

25p ordinary

SWAP

Decreasing Long

183

3.7330 GBP

25p ordinary

SWAP

Decreasing Long

14

3.7340 GBP

25p ordinary

SWAP

Decreasing Long

1,030

3.7370 GBP

25p ordinary

SWAP

Decreasing Long

118,600

3.7453 GBP

25p ordinary

SWAP

Decreasing Long

27,549

3.7460 GBP

25p ordinary

SWAP

Decreasing Long

11,143

3.7462 GBP

25p ordinary

SWAP

Decreasing Long

498

3.7520 GBP

25p ordinary

SWAP

Decreasing Long

15,028

3.7547 GBP

25p ordinary

SWAP

Decreasing Long

3,626

3.7679 GBP

25p ordinary

SWAP

Decreasing Long

1,509

3.7700 GBP

25p ordinary

SWAP

Decreasing Long

8,745

3.7780 GBP

25p ordinary

SWAP

Decreasing Long

2,936

3.7803 GBP

25p ordinary

SWAP

Decreasing Long

3,621

3.7846 GBP

25p ordinary

SWAP

Decreasing Long

1,505

3.7910 GBP

25p ordinary

SWAP

Decreasing Long

82

3.7920 GBP

25p ordinary

SWAP

Decreasing Long

2,978

3.8000 GBP

25p ordinary

SWAP

Decreasing Long

6,168

3.8070 GBP

25p ordinary

SWAP

Decreasing Long

6,226

3.8080 GBP

25p ordinary

SWAP

Decreasing Long

1,507

3.8100 GBP

25p ordinary

SWAP

Decreasing Long

3,960

3.8128 GBP

25p ordinary

SWAP

Opening Short

11,902

3.8130 GBP

25p ordinary

SWAP

Increasing Short

6,637

3.8150 GBP

25p ordinary

SWAP

Increasing Short

14,195

3.8170 GBP

25p ordinary

SWAP

Increasing Short

11,307

3.8190 GBP

25p ordinary

SWAP

Increasing Short

1,507

3.8220 GBP

25p ordinary

SWAP

Increasing Short

4,841

3.8230 GBP

25p ordinary

SWAP

Increasing Short

121,392

3.8254 GBP

25p ordinary

CFD

Increasing Long

700

3.7337 GBP

25p ordinary

CFD

Increasing Long

26,319

3.7457 GBP

25p ordinary

CFD

Increasing Long

3,348

3.7460 GBP

25p ordinary

CFD

Increasing Long

1,349

3.7996 GBP

25p ordinary

CFD

Increasing Long

40,084

3.7997 GBP

25p ordinary

CFD

Increasing Long

4,803

3.8035 GBP

25p ordinary

CFD

Decreasing Long

128,778

3.7460 GBP

25p ordinary

CFD

Decreasing Long

21,862

3.8039 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:

19 Mar 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213