19th Feb 2026 14:06
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: | 18 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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| 8,479,249 | 0.85% | 6,100,832 | 0.61% |
(2) | Cash-settled derivatives: |
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| 5,870,454 | 0.59% | 3,793,669 | 0.38% |
(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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| 14,349,703 | 1.44% | 9,894,501 | 0.99% |
(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 | 422,561 | 4.1740 GBP | ||||
25p ordinary | Purchase | 215,484 | 4.1345 GBP | ||||
25p ordinary | Purchase | 183,842 | 4.1564 GBP | ||||
25p ordinary | Purchase | 90,247 | 4.1300 GBP | ||||
25p ordinary | Purchase | 61,782 | 4.1597 GBP | ||||
25p ordinary | Purchase | 40,186 | 4.1715 GBP | ||||
25p ordinary | Purchase | 37,442 | 4.1440 GBP | ||||
25p ordinary | Purchase | 36,210 | 4.1362 GBP | ||||
25p ordinary | Purchase | 32,366 | 4.1620 GBP | ||||
25p ordinary | Purchase | 28,676 | 4.1588 GBP | ||||
25p ordinary | Purchase | 27,380 | 4.1600 GBP | ||||
25p ordinary | Purchase | 24,510 | 4.1541 GBP | ||||
25p ordinary | Purchase | 22,610 | 4.1555 GBP | ||||
25p ordinary | Purchase | 20,094 | 4.1312 GBP | ||||
25p ordinary | Purchase | 16,986 | 4.1563 GBP | ||||
25p ordinary | Purchase | 14,552 | 4.1650 GBP | ||||
25p ordinary | Purchase | 12,928 | 4.1313 GBP | ||||
25p ordinary | Purchase | 8,827 | 4.1296 GBP | ||||
25p ordinary | Purchase | 7,921 | 4.1339 GBP | ||||
25p ordinary | Purchase | 7,741 | 4.1637 GBP | ||||
25p ordinary | Purchase | 6,570 | 4.1595 GBP | ||||
25p ordinary | Purchase | 6,378 | 4.1369 GBP | ||||
25p ordinary | Purchase | 6,377 | 4.1640 GBP | ||||
25p ordinary | Purchase | 5,889 | 4.1383 GBP | ||||
25p ordinary | Purchase | 5,797 | 4.1490 GBP | ||||
25p ordinary | Purchase | 5,688 | 4.1329 GBP | ||||
25p ordinary | Purchase | 4,739 | 4.1450 GBP | ||||
25p ordinary | Purchase | 4,636 | 4.1308 GBP | ||||
25p ordinary | Purchase | 4,450 | 4.1580 GBP | ||||
25p ordinary | Purchase | 4,093 | 4.1560 GBP | ||||
25p ordinary | Purchase | 3,657 | 4.1638 GBP | ||||
25p ordinary | Purchase | 3,212 | 4.1592 GBP | ||||
25p ordinary | Purchase | 2,948 | 4.1556 GBP | ||||
25p ordinary | Purchase | 2,436 | 4.1306 GBP | ||||
25p ordinary | Purchase | 2,352 | 4.1530 GBP | ||||
25p ordinary | Purchase | 2,262 | 4.1840 GBP | ||||
25p ordinary | Purchase | 2,196 | 4.1618 GBP | ||||
25p ordinary | Purchase | 1,552 | 4.1349 GBP | ||||
25p ordinary | Purchase | 1,432 | 4.1603 GBP | ||||
25p ordinary | Purchase | 1,351 | 4.1475 GBP | ||||
25p ordinary | Purchase | 1,224 | 4.1583 GBP | ||||
25p ordinary | Purchase | 1,219 | 4.1360 GBP | ||||
25p ordinary | Purchase | 1,162 | 4.1630 GBP | ||||
25p ordinary | Purchase | 954 | 4.1660 GBP | ||||
25p ordinary | Purchase | 868 | 4.1599 GBP | ||||
25p ordinary | Purchase | 745 | 4.1720 GBP | ||||
25p ordinary | Purchase | 680 | 4.1460 GBP | ||||
25p ordinary | Purchase | 480 | 4.1540 GBP | ||||
25p ordinary | Purchase | 451 | 4.1680 GBP | ||||
25p ordinary | Purchase | 402 | 4.1480 GBP | ||||
25p ordinary | Purchase | 366 | 4.1520 GBP | ||||
25p ordinary | Purchase | 306 | 4.1525 GBP | ||||
25p ordinary | Purchase | 200 | 4.1290 GBP | ||||
25p ordinary | Purchase | 189 | 4.1561 GBP | ||||
25p ordinary | Purchase | 174 | 4.1550 GBP | ||||
25p ordinary | Purchase | 159 | 4.1780 GBP | ||||
25p ordinary | Purchase | 80 | 4.1760 GBP | ||||
25p ordinary | Purchase | 28 | 4.1800 GBP | ||||
25p ordinary | Purchase | 20 | 4.1260 GBP | ||||
25p ordinary | Purchase | 9 | 4.1700 GBP | ||||
25p ordinary | Sale | 184,506 | 4.1444 GBP | ||||
25p ordinary | Sale | 135,436 | 4.1520 GBP | ||||
25p ordinary | Sale | 130,703 | 4.1300 GBP | ||||
25p ordinary | Sale | 124,096 | 4.1406 GBP | ||||
25p ordinary | Sale | 113,203 | 4.1589 GBP | ||||
25p ordinary | Sale | 107,742 | 4.1345 GBP | ||||
25p ordinary | Sale | 80,372 | 4.1715 GBP | ||||
25p ordinary | Sale | 77,191 | 4.1434 GBP | ||||
25p ordinary | Sale | 67,526 | 4.1638 GBP | ||||
25p ordinary | Sale | 25,497 | 4.1542 GBP | ||||
25p ordinary | Sale | 23,560 | 4.1548 GBP | ||||
25p ordinary | Sale | 20,373 | 4.1328 GBP | ||||
25p ordinary | Sale | 17,330 | 4.1392 GBP | ||||
25p ordinary | Sale | 12,414 | 4.1600 GBP | ||||
25p ordinary | Sale | 11,000 | 4.1535 GBP | ||||
25p ordinary | Sale | 10,212 | 4.1533 GBP | ||||
25p ordinary | Sale | 8,601 | 4.1554 GBP | ||||
25p ordinary | Sale | 7,982 | 4.1583 GBP | ||||
25p ordinary | Sale | 7,658 | 4.1534 GBP | ||||
25p ordinary | Sale | 5,475 | 4.1551 GBP | ||||
25p ordinary | Sale | 5,175 | 4.1377 GBP | ||||
25p ordinary | Sale | 5,086 | 4.1653 GBP | ||||
25p ordinary | Sale | 4,395 | 4.1560 GBP | ||||
25p ordinary | Sale | 3,914 | 4.1573 GBP | ||||
25p ordinary | Sale | 3,341 | 4.1614 GBP | ||||
25p ordinary | Sale | 2,989 | 4.1580 GBP | ||||
25p ordinary | Sale | 2,568 | 4.1579 GBP | ||||
25p ordinary | Sale | 2,343 | 4.1655 GBP | ||||
25p ordinary | Sale | 2,162 | 4.1630 GBP | ||||
25p ordinary | Sale | 2,050 | 4.1530 GBP | ||||
25p ordinary | Sale | 1,944 | 4.1550 GBP | ||||
25p ordinary | Sale | 1,871 | 4.1296 GBP | ||||
25p ordinary | Sale | 1,131 | 4.1840 GBP | ||||
25p ordinary | Sale | 1,082 | 4.1740 GBP | ||||
25p ordinary | Sale | 1,074 | 4.1720 GBP | ||||
25p ordinary | Sale | 854 | 4.1687 GBP | ||||
25p ordinary | Sale | 752 | 4.1650 GBP | ||||
25p ordinary | Sale | 559 | 4.1620 GBP | ||||
25p ordinary | Sale | 549 | 4.1656 GBP | ||||
25p ordinary | Sale | 402 | 4.1480 GBP | ||||
25p ordinary | Sale | 341 | 4.1540 GBP | ||||
25p ordinary | Sale | 182 | 4.1660 GBP | ||||
25p ordinary | Sale | 173 | 4.1640 GBP | ||||
25p ordinary | Sale | 39 | 4.1360 GBP | ||||
25p ordinary | Sale | 16 | 4.1293 GBP | ||||
25p ordinary | Sale | 14 | 4.1800 GBP | ||||
25p ordinary | Sale | 9 | 4.1700 GBP | ||||
25p ordinary | Sale | 1 | 4.1584 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 | Decreasing Long | 37,132 | 4.1448 GBP | |||
25p ordinary | SWAP | Increasing Long | 1,887 | 4.1296 GBP | |||
25p ordinary | SWAP | Increasing Long | 104,680 | 4.1300 GBP | |||
25p ordinary | SWAP | Increasing Long | 5,427 | 4.1309 GBP | |||
25p ordinary | SWAP | Increasing Long | 5,175 | 4.1377 GBP | |||
25p ordinary | SWAP | Increasing Long | 13,860 | 4.1392 GBP | |||
25p ordinary | SWAP | Increasing Long | 77,191 | 4.1434 GBP | |||
25p ordinary | SWAP | Increasing Long | 17,330 | 4.1500 GBP | |||
25p ordinary | SWAP | Increasing Long | 34,046 | 4.1520 GBP | |||
25p ordinary | SWAP | Increasing Long | 10,212 | 4.1533 GBP | |||
25p ordinary | SWAP | Increasing Long | 11,000 | 4.1535 GBP | |||
25p ordinary | SWAP | Increasing Long | 5,475 | 4.1551 GBP | |||
25p ordinary | SWAP | Increasing Long | 8,601 | 4.1554 GBP | |||
25p ordinary | SWAP | Increasing Long | 13,987 | 4.1559 GBP | |||
25p ordinary | SWAP | Increasing Long | 2,202 | 4.1560 GBP | |||
25p ordinary | SWAP | Increasing Long | 7,982 | 4.1583 GBP | |||
25p ordinary | SWAP | Increasing Long | 73,819 | 4.1589 GBP | |||
25p ordinary | SWAP | Increasing Long | 829 | 4.1643 GBP | |||
25p ordinary | SWAP | Increasing Long | 2,343 | 4.1655 GBP | |||
25p ordinary | SWAP | Increasing Long | 80,372 | 4.1715 GBP | |||
25p ordinary | SWAP | Decreasing Long | 8,651 | 4.1299 GBP | |||
25p ordinary | SWAP | Decreasing Long | 4,636 | 4.1308 GBP | |||
25p ordinary | SWAP | Decreasing Long | 182 | 4.1363 GBP | |||
25p ordinary | SWAP | Decreasing Long | 2,145 | 4.1382 GBP | |||
25p ordinary | SWAP | Decreasing Long | 6,988 | 4.1397 GBP | |||
25p ordinary | SWAP | Decreasing Long | 1,351 | 4.1475 GBP | |||
25p ordinary | SWAP | Decreasing Long | 5,797 | 4.1490 GBP | |||
25p ordinary | SWAP | Decreasing Long | 306 | 4.1524 GBP | |||
25p ordinary | SWAP | Decreasing Long | 26,761 | 4.1529 GBP | |||
25p ordinary | SWAP | Decreasing Long | 356 | 4.1543 GBP | |||
25p ordinary | SWAP | Decreasing Long | 885 | 4.1560 GBP | |||
25p ordinary | SWAP | Decreasing Long | 1,668 | 4.1600 GBP | |||
25p ordinary | SWAP | Decreasing Long | 1,318 | 4.1612 GBP | |||
25p ordinary | SWAP | Decreasing Long | 13,800 | 4.1650 GBP | |||
25p ordinary | SWAP | Decreasing Long | 551 | 4.1720 GBP | |||
25p ordinary | SWAP | Decreasing Long | 421,479 | 4.1740 GBP | |||
25p ordinary | CFD | Increasing Long | 26,108 | 4.1300 GBP | |||
25p ordinary | CFD | Increasing Long | 2,568 | 4.1579 GBP | |||
25p ordinary | CFD | Increasing Long | 9,399 | 4.1581 GBP | |||
25p ordinary | CFD | Decreasing Long | 1,429 | 4.1416 GBP | |||
25p ordinary | CFD | Decreasing Long | 28,676 | 4.1588 GBP | |||
25p ordinary | CFD | Decreasing Long | 31,807 | 4.1619 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: | 19 Feb 2026 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysBritish Land