18th Feb 2026 10:57
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: | Jefferies International Limited |
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. |
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(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | The British Land Company Plc |
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: |
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(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure | 17th February 2026 |
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A" | Life Science REIT Plc
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2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in\ 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(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: |
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| 112,100 | 0.011 |
(2) Cash-settled derivatives:
| 81,548 | 0.008 |
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(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
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TOTAL: | 81,548 | 0.008 | 112,100 | 0.011 |
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
(b) Rights to subscribe for new securities (including directors' and other employee options)
Class of relevant security in relation to which subscription right exists: |
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Details, including nature of the rights concerned and relevant percentages: |
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3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
Class of relevant security | Purchase/sale
| Number of securities | Price per unit (GBX) |
25p ordinary | Purchase
Sale | 170 783 170 494 170 1,230 860 1,219 796 2,464 352 1,271 16 2,681 512 1,380 340 3,874 5,103 3,161 1,109 121,901 3,058 68,349 2,430 1,207 1,724 518 957 554 2,332 324 7,609 5,969
159 51 192 5 1 1 39 319 411 1,069 97 9,362 179,345 67 18 18,260 4,174 1,686 | 409.1000 409.2000 409.3000 409.4000 409.5000 409.6000 409.7000 409.8000 409.9000 410.0000 410.1000 410.2000 410.3000 410.4000 410.5000 410.6000 410.7000 410.7791 410.8000 410.9000 410.9270 411.0000 411.1000 411.2000 411.4000 411.5000 411.6000 411.7000 411.8000 411.9000 412.0000 412.2000 415.2000 415.2250
408.0629 409.1765 409.4861 409.6000 409.6754 410.0000 410.3333 410.3417 410.5766 410.8054 410.9753 411.0895 411.1328 411.3731 411.6111 412.1101 412.1234 415.2000 |
(b) Cash-settled derivative transactions
Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit (GBX) |
25p ordinary | Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap | Increasing a long position Increasing a long position Increasing a long position Increasing a long position Increasing a long position Increasing a long position Increasing a long position Increasing a long position Increasing a long position Increasing a long position Increasing a long position Increasing a long position Increasing a long position Increasing a long position Reducing a long position Reducing a long position Reducing a long position Reducing a long position Reducing a long position Reducing a long position | 159 51 192 5 1 1 39 319 411 1,069 97 67 18 4,174 2,953 921 1,109 2,272 1,302 2,395 | 408.0623 409.1754 409.4861 409.6554 409.6754 410.1754 410.3241 410.3427 410.5754 410.8055 410.9753 411.3753 411.5753 412.1235 410.7791 410.7791 410.9277 415.2249 415.2249 415.2249 |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security | Product description e.g. call option | Writing, purchasing, selling, varying etc. | Number of securities to which option relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
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(d) Other dealings (including subscribing for new securities)
Class of relevant security | Nature of dealing e.g. subscription, conversion | Details | Price per unit (if applicable) |
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4. OTHER INFORMATION
(a) Indemnity and other dealing 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 person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" |
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 or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none" |
None |
(c) Attachments
Is a Supplemental Form 8 (Open Positions) attached? | NO |
| Date of disclosure: | 18th February 2026 |
| Contact name: | Robin Greenwood |
| Telephone number | 020 7029 8595 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
Related Shares:
British Land