24th Feb 2026 14:56
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: | 23 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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| 8,643,343 | 0.86% | 6,808,607 | 0.68% |
(2) | Cash-settled derivatives: |
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| 6,678,169 | 0.67% | 3,967,146 | 0.40% |
(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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| 15,321,512 | 1.53% | 10,775,753 | 1.08% |
(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 | 337,212 | 4.2220 GBP | ||||
25p ordinary | Purchase | 152,580 | 4.2138 GBP | ||||
25p ordinary | Purchase | 124,907 | 4.1692 GBP | ||||
25p ordinary | Purchase | 106,557 | 4.1721 GBP | ||||
25p ordinary | Purchase | 38,520 | 4.2065 GBP | ||||
25p ordinary | Purchase | 29,501 | 4.2110 GBP | ||||
25p ordinary | Purchase | 22,118 | 4.2103 GBP | ||||
25p ordinary | Purchase | 21,737 | 4.1881 GBP | ||||
25p ordinary | Purchase | 19,164 | 4.1700 GBP | ||||
25p ordinary | Purchase | 12,982 | 4.2148 GBP | ||||
25p ordinary | Purchase | 10,528 | 4.2112 GBP | ||||
25p ordinary | Purchase | 8,554 | 4.1979 GBP | ||||
25p ordinary | Purchase | 6,666 | 4.2122 GBP | ||||
25p ordinary | Purchase | 6,201 | 4.2008 GBP | ||||
25p ordinary | Purchase | 5,426 | 4.1835 GBP | ||||
25p ordinary | Purchase | 5,322 | 4.2000 GBP | ||||
25p ordinary | Purchase | 4,677 | 4.1847 GBP | ||||
25p ordinary | Purchase | 4,243 | 4.2178 GBP | ||||
25p ordinary | Purchase | 2,732 | 4.2101 GBP | ||||
25p ordinary | Purchase | 2,570 | 4.1867 GBP | ||||
25p ordinary | Purchase | 2,461 | 4.2180 GBP | ||||
25p ordinary | Purchase | 2,220 | 4.2092 GBP | ||||
25p ordinary | Purchase | 2,153 | 4.1980 GBP | ||||
25p ordinary | Purchase | 2,126 | 4.2049 GBP | ||||
25p ordinary | Purchase | 1,800 | 4.1859 GBP | ||||
25p ordinary | Purchase | 1,653 | 4.1860 GBP | ||||
25p ordinary | Purchase | 1,626 | 4.2020 GBP | ||||
25p ordinary | Purchase | 1,347 | 4.2140 GBP | ||||
25p ordinary | Purchase | 1,137 | 4.2131 GBP | ||||
25p ordinary | Purchase | 912 | 4.2340 GBP | ||||
25p ordinary | Purchase | 808 | 4.2015 GBP | ||||
25p ordinary | Purchase | 750 | 4.2070 GBP | ||||
25p ordinary | Purchase | 626 | 4.2320 GBP | ||||
25p ordinary | Purchase | 620 | 4.2160 GBP | ||||
25p ordinary | Purchase | 569 | 4.2300 GBP | ||||
25p ordinary | Purchase | 558 | 4.2040 GBP | ||||
25p ordinary | Purchase | 496 | 4.2120 GBP | ||||
25p ordinary | Purchase | 480 | 4.1830 GBP | ||||
25p ordinary | Purchase | 453 | 4.2270 GBP | ||||
25p ordinary | Purchase | 369 | 4.2100 GBP | ||||
25p ordinary | Purchase | 226 | 4.1960 GBP | ||||
25p ordinary | Purchase | 193 | 4.2090 GBP | ||||
25p ordinary | Purchase | 183 | 4.1820 GBP | ||||
25p ordinary | Purchase | 171 | 4.2200 GBP | ||||
25p ordinary | Purchase | 160 | 4.1880 GBP | ||||
25p ordinary | Purchase | 160 | 4.1840 GBP | ||||
25p ordinary | Purchase | 138 | 4.1955 GBP | ||||
25p ordinary | Purchase | 129 | 4.2080 GBP | ||||
25p ordinary | Purchase | 58 | 4.2280 GBP | ||||
25p ordinary | Sale | 161,654 | 4.1742 GBP | ||||
25p ordinary | Sale | 153,189 | 4.2202 GBP | ||||
25p ordinary | Sale | 152,580 | 4.2108 GBP | ||||
25p ordinary | Sale | 47,805 | 4.2054 GBP | ||||
25p ordinary | Sale | 37,519 | 4.1700 GBP | ||||
25p ordinary | Sale | 33,645 | 4.2141 GBP | ||||
25p ordinary | Sale | 31,600 | 4.2020 GBP | ||||
25p ordinary | Sale | 25,095 | 4.2163 GBP | ||||
25p ordinary | Sale | 24,100 | 4.1725 GBP | ||||
25p ordinary | Sale | 22,773 | 4.2074 GBP | ||||
25p ordinary | Sale | 18,161 | 4.2041 GBP | ||||
25p ordinary | Sale | 17,821 | 4.2201 GBP | ||||
25p ordinary | Sale | 17,617 | 4.2088 GBP | ||||
25p ordinary | Sale | 16,136 | 4.2084 GBP | ||||
25p ordinary | Sale | 15,320 | 4.2029 GBP | ||||
25p ordinary | Sale | 13,189 | 4.2121 GBP | ||||
25p ordinary | Sale | 11,935 | 4.2012 GBP | ||||
25p ordinary | Sale | 10,245 | 4.2120 GBP | ||||
25p ordinary | Sale | 8,819 | 4.2147 GBP | ||||
25p ordinary | Sale | 8,552 | 4.1696 GBP | ||||
25p ordinary | Sale | 6,313 | 4.1930 GBP | ||||
25p ordinary | Sale | 5,545 | 4.1740 GBP | ||||
25p ordinary | Sale | 5,322 | 4.2000 GBP | ||||
25p ordinary | Sale | 4,927 | 4.2104 GBP | ||||
25p ordinary | Sale | 3,972 | 4.1928 GBP | ||||
25p ordinary | Sale | 3,197 | 4.2118 GBP | ||||
25p ordinary | Sale | 2,721 | 4.2180 GBP | ||||
25p ordinary | Sale | 2,504 | 4.2220 GBP | ||||
25p ordinary | Sale | 2,345 | 4.2254 GBP | ||||
25p ordinary | Sale | 1,973 | 4.1734 GBP | ||||
25p ordinary | Sale | 1,871 | 4.2170 GBP | ||||
25p ordinary | Sale | 1,812 | 4.1756 GBP | ||||
25p ordinary | Sale | 1,602 | 4.2153 GBP | ||||
25p ordinary | Sale | 1,434 | 4.2099 GBP | ||||
25p ordinary | Sale | 1,347 | 4.2140 GBP | ||||
25p ordinary | Sale | 1,337 | 4.2160 GBP | ||||
25p ordinary | Sale | 1,183 | 4.1820 GBP | ||||
25p ordinary | Sale | 849 | 4.2200 GBP | ||||
25p ordinary | Sale | 686 | 4.1980 GBP | ||||
25p ordinary | Sale | 675 | 4.2011 GBP | ||||
25p ordinary | Sale | 626 | 4.2320 GBP | ||||
25p ordinary | Sale | 569 | 4.2300 GBP | ||||
25p ordinary | Sale | 558 | 4.2040 GBP | ||||
25p ordinary | Sale | 453 | 4.2270 GBP | ||||
25p ordinary | Sale | 429 | 4.2080 GBP | ||||
25p ordinary | Sale | 369 | 4.2100 GBP | ||||
25p ordinary | Sale | 364 | 4.1960 GBP | ||||
25p ordinary | Sale | 200 | 4.1922 GBP | ||||
25p ordinary | Sale | 193 | 4.2090 GBP | ||||
25p ordinary | Sale | 181 | 4.2340 GBP | ||||
25p ordinary | Sale | 160 | 4.1840 GBP | ||||
25p ordinary | Sale | 160 | 4.1880 GBP | ||||
25p ordinary | Sale | 100 | 4.1859 GBP | ||||
25p ordinary | Sale | 58 | 4.2280 GBP | ||||
25p ordinary | Sale | 1 | 4.1920 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 | 4,294 | 4.1693 GBP | |||
25p ordinary | SWAP | Increasing Long | 1,267 | 4.1694 GBP | |||
25p ordinary | SWAP | Increasing Long | 8,552 | 4.1696 GBP | |||
25p ordinary | SWAP | Increasing Long | 10,637 | 4.1700 GBP | |||
25p ordinary | SWAP | Increasing Long | 9,795 | 4.1704 GBP | |||
25p ordinary | SWAP | Increasing Long | 24,100 | 4.1725 GBP | |||
25p ordinary | SWAP | Increasing Long | 1,973 | 4.1734 GBP | |||
25p ordinary | SWAP | Increasing Long | 5,545 | 4.1740 GBP | |||
25p ordinary | SWAP | Increasing Long | 1,812 | 4.1756 GBP | |||
25p ordinary | SWAP | Increasing Long | 100 | 4.1859 GBP | |||
25p ordinary | SWAP | Increasing Long | 5,107 | 4.1885 GBP | |||
25p ordinary | SWAP | Increasing Long | 675 | 4.2011 GBP | |||
25p ordinary | SWAP | Increasing Long | 11,935 | 4.2012 GBP | |||
25p ordinary | SWAP | Increasing Long | 8,876 | 4.2018 GBP | |||
25p ordinary | SWAP | Increasing Long | 9,212 | 4.2033 GBP | |||
25p ordinary | SWAP | Increasing Long | 47,805 | 4.2054 GBP | |||
25p ordinary | SWAP | Increasing Long | 756 | 4.2061 GBP | |||
25p ordinary | SWAP | Increasing Long | 736 | 4.2072 GBP | |||
25p ordinary | SWAP | Increasing Long | 22,773 | 4.2074 GBP | |||
25p ordinary | SWAP | Increasing Long | 13,936 | 4.2099 GBP | |||
25p ordinary | SWAP | Increasing Long | 4,927 | 4.2104 GBP | |||
25p ordinary | SWAP | Increasing Long | 152,580 | 4.2108 GBP | |||
25p ordinary | SWAP | Increasing Long | 9,749 | 4.2119 GBP | |||
25p ordinary | SWAP | Increasing Long | 823 | 4.2143 GBP | |||
25p ordinary | SWAP | Increasing Long | 153,189 | 4.2202 GBP | |||
25p ordinary | SWAP | Increasing Long | 483 | 4.2212 GBP | |||
25p ordinary | SWAP | Decreasing Long | 3,843 | 4.1700 GBP | |||
25p ordinary | SWAP | Decreasing Long | 1,796 | 4.1763 GBP | |||
25p ordinary | SWAP | Decreasing Long | 21,621 | 4.1768 GBP | |||
25p ordinary | SWAP | Decreasing Long | 16,179 | 4.1788 GBP | |||
25p ordinary | SWAP | Decreasing Long | 1,413 | 4.1790 GBP | |||
25p ordinary | SWAP | Decreasing Long | 4,677 | 4.1847 GBP | |||
25p ordinary | SWAP | Decreasing Long | 1,111 | 4.1860 GBP | |||
25p ordinary | SWAP | Decreasing Long | 100 | 4.1863 GBP | |||
25p ordinary | SWAP | Decreasing Long | 2,570 | 4.1867 GBP | |||
25p ordinary | SWAP | Decreasing Long | 21,737 | 4.1881 GBP | |||
25p ordinary | SWAP | Decreasing Long | 6,563 | 4.1886 GBP | |||
25p ordinary | SWAP | Decreasing Long | 76,057 | 4.1889 GBP | |||
25p ordinary | SWAP | Decreasing Long | 200 | 4.1917 GBP | |||
25p ordinary | SWAP | Decreasing Long | 808 | 4.2015 GBP | |||
25p ordinary | SWAP | Decreasing Long | 91 | 4.2023 GBP | |||
25p ordinary | SWAP | Decreasing Long | 61,143 | 4.2076 GBP | |||
25p ordinary | SWAP | Decreasing Long | 1,474 | 4.2091 GBP | |||
25p ordinary | SWAP | Decreasing Long | 1,548 | 4.2108 GBP | |||
25p ordinary | SWAP | Decreasing Long | 337,033 | 4.2220 GBP | |||
25p ordinary | CFD | Increasing Long | 11,859 | 4.1700 GBP | |||
25p ordinary | CFD | Increasing Long | 350 | 4.1817 GBP | |||
25p ordinary | CFD | Increasing Long | 18,161 | 4.2041 GBP | |||
25p ordinary | CFD | Increasing Long | 2,503 | 4.2157 GBP | |||
25p ordinary | CFD | Increasing Long | 108 | 4.2176 GBP | |||
25p ordinary | CFD | Decreasing Long | 3 | 4.1700 GBP | |||
25p ordinary | CFD | Decreasing Long | 519 | 4.1859 GBP | |||
25p ordinary | CFD | Decreasing Long | 29,501 | 4.2110 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: | 24 Feb 2026 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysBritish Land