Form 8.3 EMPIRIC STUDENT PROPERTY PLC

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

EMPIRIC STUDENT PROPERTY PLC

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:

14 Nov 2025

(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?

UNITE GROUP PLC/THE

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:

1p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

23,740,987

3.57%

3,826,895

0.58%

(2)

Cash-settled derivatives:

2,618,854

0.39%

23,694,186

3.57%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

26,359,841

3.97%

27,521,081

4.14%

(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

1p ordinary

Purchase

143,852

0.7750 GBP

1p ordinary

Purchase

100,424

0.7725 GBP

1p ordinary

Purchase

93,339

0.7746 GBP

1p ordinary

Purchase

17,288

0.7759 GBP

1p ordinary

Purchase

13,620

0.7749 GBP

1p ordinary

Purchase

11,061

0.7768 GBP

1p ordinary

Purchase

9,060

0.7784 GBP

1p ordinary

Purchase

3,512

0.7756 GBP

1p ordinary

Purchase

2,177

0.7769 GBP

1p ordinary

Purchase

1,330

0.7760 GBP

1p ordinary

Purchase

702

0.7800 GBP

1p ordinary

Purchase

560

0.7765 GBP

1p ordinary

Purchase

472

0.7770 GBP

1p ordinary

Purchase

236

0.7780 GBP

1p ordinary

Purchase

126

0.7739 GBP

1p ordinary

Purchase

37

0.7751 GBP

1p ordinary

Purchase

6

0.7740 GBP

1p ordinary

Purchase

4

0.7730 GBP

1p ordinary

Purchase

2

0.7660 GBP

1p ordinary

Purchase

1

0.7790 GBP

1p ordinary

Sale

202,534

0.7750 GBP

1p ordinary

Sale

148,541

0.7762 GBP

1p ordinary

Sale

115,323

0.7752 GBP

1p ordinary

Sale

63,139

0.7766 GBP

1p ordinary

Sale

36,239

0.7761 GBP

1p ordinary

Sale

34,608

0.7778 GBP

1p ordinary

Sale

25,811

0.7749 GBP

1p ordinary

Sale

24,926

0.7774 GBP

1p ordinary

Sale

17,940

0.7767 GBP

1p ordinary

Sale

13,773

0.7756 GBP

1p ordinary

Sale

12,404

0.7763 GBP

1p ordinary

Sale

9,358

0.7783 GBP

1p ordinary

Sale

6,802

0.7760 GBP

1p ordinary

Sale

6,380

0.7700 GBP

1p ordinary

Sale

5,716

0.7748 GBP

1p ordinary

Sale

5,143

0.7669 GBP

1p ordinary

Sale

1,830

0.7740 GBP

1p ordinary

Sale

1,816

0.7770 GBP

1p ordinary

Sale

702

0.7800 GBP

1p ordinary

Sale

236

0.7780 GBP

1p ordinary

Sale

4

0.7730 GBP

1p ordinary

Sale

1

0.7790 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

1p ordinary

SWAP

Decreasing Short

5,143

0.7669 GBP

1p ordinary

SWAP

Decreasing Short

6,380

0.7700 GBP

1p ordinary

SWAP

Decreasing Short

3,636

0.7742 GBP

1p ordinary

SWAP

Decreasing Short

55,103

0.7746 GBP

1p ordinary

SWAP

Decreasing Short

5,716

0.7748 GBP

1p ordinary

SWAP

Decreasing Short

100,102

0.7750 GBP

1p ordinary

SWAP

Decreasing Short

3,914

0.7755 GBP

1p ordinary

SWAP

Decreasing Short

3,369

0.7759 GBP

1p ordinary

SWAP

Decreasing Short

6,297

0.7760 GBP

1p ordinary

SWAP

Decreasing Short

26,909

0.7761 GBP

1p ordinary

SWAP

Decreasing Short

95,941

0.7762 GBP

1p ordinary

SWAP

Decreasing Short

9,646

0.7763 GBP

1p ordinary

SWAP

Decreasing Short

67,825

0.7766 GBP

1p ordinary

SWAP

Decreasing Short

78

0.7769 GBP

1p ordinary

SWAP

Decreasing Short

12

0.7770 GBP

1p ordinary

SWAP

Decreasing Short

24,926

0.7774 GBP

1p ordinary

SWAP

Decreasing Short

33

0.7800 GBP

1p ordinary

SWAP

Increasing Short

13

0.7701 GBP

1p ordinary

SWAP

Increasing Short

5

0.7714 GBP

1p ordinary

SWAP

Increasing Short

100,424

0.7725 GBP

1p ordinary

SWAP

Increasing Short

1,437

0.7748 GBP

1p ordinary

SWAP

Increasing Short

9,398

0.7750 GBP

1p ordinary

SWAP

Increasing Short

21

0.7757 GBP

1p ordinary

SWAP

Increasing Short

8

0.7763 GBP

1p ordinary

CFD

Decreasing Short

63,310

0.7756 GBP

1p ordinary

CFD

Decreasing Short

52,600

0.7762 GBP

1p ordinary

CFD

Decreasing Short

34,608

0.7778 GBP

1p ordinary

CFD

Increasing Short

93,339

0.7746 GBP

1p ordinary

CFD

Increasing Short

7,830

0.7776 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:

17 Nov 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213