Form 8.3 BRITISH LAND COMPANY PLC, THE

Feb 16 2026 14:44 GMTSource: RNS

RNS Number : 2167T

Barclays PLC

16 February 2026

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:				13 Feb 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:			8,702,977	0.87%	5,765,826	0.58%
(2)	Cash-settled derivatives:
				5,384,038	0.54%	3,609,018	0.36%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%

	TOTAL:			14,087,015	1.41%	9,374,844	0.94%
(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		714,279		4.0380 GBP
25p ordinary		Purchase		280,337		4.0264 GBP
25p ordinary		Purchase		213,248		4.0083 GBP
25p ordinary		Purchase		139,470		4.0382 GBP
25p ordinary		Purchase		107,318		4.0113 GBP
25p ordinary		Purchase		100,138		4.0208 GBP
25p ordinary		Purchase		87,194		4.0059 GBP
25p ordinary		Purchase		80,372		3.9880 GBP
25p ordinary		Purchase		75,000		3.9747 GBP
25p ordinary		Purchase		48,923		4.0074 GBP
25p ordinary		Purchase		38,035		4.0110 GBP
25p ordinary		Purchase		37,585		4.0101 GBP
25p ordinary		Purchase		37,451		4.0085 GBP
25p ordinary		Purchase		34,257		4.0195 GBP
25p ordinary		Purchase		33,510		3.9943 GBP
25p ordinary		Purchase		30,545		3.9961 GBP
25p ordinary		Purchase		22,579		3.9963 GBP
25p ordinary		Purchase		10,526		4.0211 GBP
25p ordinary		Purchase		9,439		4.0173 GBP
25p ordinary		Purchase		7,472		4.0204 GBP
25p ordinary		Purchase		5,530		4.0099 GBP
25p ordinary		Purchase		5,272		4.0016 GBP
25p ordinary		Purchase		5,247		4.0162 GBP
25p ordinary		Purchase		4,545		4.0200 GBP
25p ordinary		Purchase		4,018		3.9944 GBP
25p ordinary		Purchase		3,574		4.0359 GBP
25p ordinary		Purchase		3,534		4.0178 GBP
25p ordinary		Purchase		2,628		3.9867 GBP
25p ordinary		Purchase		2,554		4.0141 GBP
25p ordinary		Purchase		2,523		4.0156 GBP
25p ordinary		Purchase		2,025		4.0183 GBP
25p ordinary		Purchase		2,018		4.0080 GBP
25p ordinary		Purchase		2,001		4.0360 GBP
25p ordinary		Purchase		1,701		4.0017 GBP
25p ordinary		Purchase		1,642		4.0220 GBP
25p ordinary		Purchase		1,600		4.0120 GBP
25p ordinary		Purchase		1,337		4.0240 GBP
25p ordinary		Purchase		1,072		4.0280 GBP
25p ordinary		Purchase		1,017		4.0340 GBP
25p ordinary		Purchase		1,015		4.0140 GBP
25p ordinary		Purchase		963		3.9960 GBP
25p ordinary		Purchase		933		3.9500 GBP
25p ordinary		Purchase		600		4.0180 GBP
25p ordinary		Purchase		532		4.0100 GBP
25p ordinary		Purchase		445		4.0000 GBP
25p ordinary		Purchase		366		3.9980 GBP
25p ordinary		Purchase		365		4.0130 GBP
25p ordinary		Purchase		294		4.0420 GBP
25p ordinary		Purchase		189		4.0070 GBP
25p ordinary		Purchase		183		4.0160 GBP
25p ordinary		Purchase		2		4.0300 GBP
25p ordinary		Sale		262,733		4.0372 GBP
25p ordinary		Sale		245,171		4.0380 GBP
25p ordinary		Sale		160,000		4.0177 GBP
25p ordinary		Sale		124,424		3.9760 GBP
25p ordinary		Sale		93,226		4.0297 GBP
25p ordinary		Sale		70,296		4.0078 GBP
25p ordinary		Sale		45,088		3.9778 GBP
25p ordinary		Sale		25,000		3.9981 GBP
25p ordinary		Sale		23,286		4.0120 GBP
25p ordinary		Sale		21,279		4.0091 GBP
25p ordinary		Sale		15,482		3.9891 GBP
25p ordinary		Sale		11,055		4.0141 GBP
25p ordinary		Sale		10,648		4.0312 GBP
25p ordinary		Sale		9,816		4.0113 GBP
25p ordinary		Sale		8,759		4.0158 GBP
25p ordinary		Sale		8,609		4.0371 GBP
25p ordinary		Sale		6,566		4.0128 GBP
25p ordinary		Sale		6,016		3.9998 GBP
25p ordinary		Sale		5,819		4.0220 GBP
25p ordinary		Sale		5,236		4.0111 GBP
25p ordinary		Sale		5,109		4.0031 GBP
25p ordinary		Sale		5,002		4.0280 GBP
25p ordinary		Sale		4,673		4.0319 GBP
25p ordinary		Sale		4,614		3.9775 GBP
25p ordinary		Sale		4,582		4.0204 GBP
25p ordinary		Sale		4,492		4.0100 GBP
25p ordinary		Sale		4,195		4.0075 GBP
25p ordinary		Sale		2,256		3.9910 GBP
25p ordinary		Sale		2,001		4.0360 GBP
25p ordinary		Sale		1,538		4.0085 GBP
25p ordinary		Sale		1,529		3.9959 GBP
25p ordinary		Sale		1,500		3.9850 GBP
25p ordinary		Sale		1,447		4.0175 GBP
25p ordinary		Sale		1,410		3.9824 GBP
25p ordinary		Sale		1,017		4.0340 GBP
25p ordinary		Sale		1,016		4.0080 GBP
25p ordinary		Sale		1,015		4.0140 GBP
25p ordinary		Sale		848		4.0070 GBP
25p ordinary		Sale		804		4.0000 GBP
25p ordinary		Sale		725		4.0332 GBP
25p ordinary		Sale		680		4.0115 GBP
25p ordinary		Sale		499		4.0314 GBP
25p ordinary		Sale		442		3.9560 GBP
25p ordinary		Sale		365		4.0130 GBP
25p ordinary		Sale		308		4.0160 GBP
25p ordinary		Sale		268		3.9979 GBP
25p ordinary		Sale		220		4.0044 GBP
25p ordinary		Sale		204		4.0180 GBP
25p ordinary		Sale		192		4.0110 GBP
25p ordinary		Sale		43		3.9758 GBP
25p ordinary		Sale		20		4.0076 GBP
25p ordinary		Sale		18		3.9980 GBP
25p ordinary		Sale		2		4.0300 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		Increasing Long		442	3.9560 GBP
25p ordinary		SWAP		Increasing Long		43	3.9756 GBP
25p ordinary		SWAP		Increasing Long		124,424	3.9760 GBP
25p ordinary		SWAP		Increasing Long		4,614	3.9775 GBP
25p ordinary		SWAP		Increasing Long		45,088	3.9778 GBP
25p ordinary		SWAP		Increasing Long		1,410	3.9824 GBP
25p ordinary		SWAP		Increasing Long		3,508	3.9870 GBP
25p ordinary		SWAP		Increasing Long		15,482	3.9892 GBP
25p ordinary		SWAP		Increasing Long		2,256	3.9910 GBP
25p ordinary		SWAP		Increasing Long		1,529	3.9960 GBP
25p ordinary		SWAP		Increasing Long		268	3.9979 GBP
25p ordinary		SWAP		Increasing Long		6,000	4.0066 GBP
25p ordinary		SWAP		Increasing Long		20	4.0076 GBP
25p ordinary		SWAP		Increasing Long		5,236	4.0111 GBP
25p ordinary		SWAP		Increasing Long		9,816	4.0113 GBP
25p ordinary		SWAP		Increasing Long		3,397	4.0124 GBP
25p ordinary		SWAP		Increasing Long		16	4.0170 GBP
25p ordinary		SWAP		Increasing Long		5,709	4.0299 GBP
25p ordinary		SWAP		Increasing Long		499	4.0314 GBP
25p ordinary		SWAP		Increasing Long		300	4.0359 GBP
25p ordinary		SWAP		Increasing Long		8,609	4.0371 GBP
25p ordinary		SWAP		Increasing Long		661	4.0372 USD
25p ordinary		SWAP		Increasing Long		1,297	4.0378 GBP
25p ordinary		SWAP		Increasing Long		207	4.0380 GBP
25p ordinary		SWAP		Decreasing Long		75,000	3.9747 GBP
25p ordinary		SWAP		Decreasing Long		93	3.9763 GBP
25p ordinary		SWAP		Decreasing Long		168	3.9820 GBP
25p ordinary		SWAP		Decreasing Long		33,510	3.9943 GBP
25p ordinary		SWAP		Decreasing Long		4,018	3.9944 GBP
25p ordinary		SWAP		Decreasing Long		30,545	3.9961 GBP
25p ordinary		SWAP		Decreasing Long		22,579	3.9963 GBP
25p ordinary		SWAP		Decreasing Long		348	3.9980 GBP
25p ordinary		SWAP		Decreasing Long		26,846	3.9988 GBP
25p ordinary		SWAP		Decreasing Long		399	4.0039 GBP
25p ordinary		SWAP		Decreasing Long		213,248	4.0083 GBP
25p ordinary		SWAP		Decreasing Long		65,909	4.0106 GBP
25p ordinary		SWAP		Decreasing Long		107,318	4.0113 GBP
25p ordinary		SWAP		Decreasing Long		185	4.0122 GBP
25p ordinary		SWAP		Decreasing Long		48,910	4.0123 GBP
25p ordinary		SWAP		Decreasing Long		3,190	4.0157 GBP
25p ordinary		SWAP		Decreasing Long		3,534	4.0178 GBP
25p ordinary		SWAP		Decreasing Long		8,730	4.0184 GBP
25p ordinary		SWAP		Decreasing Long		2,240	4.0195 GBP
25p ordinary		SWAP		Decreasing Long		27,565	4.0206 GBP
25p ordinary		SWAP		Decreasing Long		50,784	4.0263 GBP
25p ordinary		SWAP		Decreasing Long		29,829	4.0281 GBP
25p ordinary		SWAP		Decreasing Long		2	4.0300 GBP
25p ordinary		SWAP		Decreasing Long		33,438	4.0347 GBP
25p ordinary		SWAP		Decreasing Long		3,574	4.0359 GBP
25p ordinary		SWAP		Decreasing Long		72,774	4.0377 GBP
25p ordinary		SWAP		Decreasing Long		211,534	4.0380 GBP
25p ordinary		SWAP		Decreasing Long		139,470	4.0382 GBP
25p ordinary		CFD		Increasing Long		70,296	4.0078 GBP
25p ordinary		CFD		Increasing Long		6,566	4.0128 GBP
25p ordinary		CFD		Increasing Long		5,819	4.0220 GBP
25p ordinary		CFD		Increasing Long		66,482	4.0298 GBP
25p ordinary		CFD		Increasing Long		46,066	4.0380 GBP
25p ordinary		CFD		Decreasing Long		30,643	3.9818 GBP
25p ordinary		CFD		Decreasing Long		8,955	3.9898 GBP
25p ordinary		CFD		Decreasing Long		128,747	4.0380 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:				16 Feb 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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