Form 8.3 BRITISH LAND COMPANY PLC, THE

Feb 20 2026 12:23 GMTSource: RNS

RNS Number : 8763T

Barclays PLC

20 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:				19 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:			8,429,237	0.84%	6,301,999	0.63%
(2)	Cash-settled derivatives:
				6,105,372	0.61%	3,763,317	0.38%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%

	TOTAL:			14,534,609	1.45%	10,065,316	1.01%
(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		140,272		4.1299 GBP
25p ordinary		Purchase		106,411		4.1300 GBP
25p ordinary		Purchase		92,922		4.1340 GBP
25p ordinary		Purchase		73,310		4.1304 GBP
25p ordinary		Purchase		68,500		4.1341 GBP
25p ordinary		Purchase		24,382		4.1153 GBP
25p ordinary		Purchase		11,896		4.1258 GBP
25p ordinary		Purchase		9,970		4.1244 GBP
25p ordinary		Purchase		7,821		4.1280 GBP
25p ordinary		Purchase		7,009		4.1288 GBP
25p ordinary		Purchase		6,971		4.1277 GBP
25p ordinary		Purchase		6,454		4.1283 GBP
25p ordinary		Purchase		3,488		4.1380 GBP
25p ordinary		Purchase		3,480		4.1440 GBP
25p ordinary		Purchase		3,406		4.1328 GBP
25p ordinary		Purchase		3,313		4.1290 GBP
25p ordinary		Purchase		2,988		4.1276 GBP
25p ordinary		Purchase		2,852		4.1278 GBP
25p ordinary		Purchase		2,692		4.1338 GBP
25p ordinary		Purchase		2,197		4.1420 GBP
25p ordinary		Purchase		2,179		4.1262 GBP
25p ordinary		Purchase		2,165		4.1211 GBP
25p ordinary		Purchase		2,148		4.1252 GBP
25p ordinary		Purchase		1,878		4.1260 GBP
25p ordinary		Purchase		1,862		4.1400 GBP
25p ordinary		Purchase		1,557		4.1180 GBP
25p ordinary		Purchase		1,493		4.1275 GBP
25p ordinary		Purchase		1,457		4.1321 GBP
25p ordinary		Purchase		1,307		4.1360 GBP
25p ordinary		Purchase		1,297		4.1460 GBP
25p ordinary		Purchase		1,226		4.1265 GBP
25p ordinary		Purchase		955		4.1350 GBP
25p ordinary		Purchase		926		4.1320 GBP
25p ordinary		Purchase		899		4.1270 GBP
25p ordinary		Purchase		705		4.1364 GBP
25p ordinary		Purchase		479		4.1355 GBP
25p ordinary		Purchase		398		4.1140 GBP
25p ordinary		Purchase		398		4.1310 GBP
25p ordinary		Purchase		379		4.1480 GBP
25p ordinary		Purchase		351		4.1220 GBP
25p ordinary		Purchase		246		4.1231 GBP
25p ordinary		Purchase		78		4.1100 GBP
25p ordinary		Purchase		28		4.1120 GBP
25p ordinary		Purchase		13		4.1405 GBP
25p ordinary		Purchase		9		4.1375 GBP
25p ordinary		Purchase		6		4.1330 GBP
25p ordinary		Purchase		2		4.1240 GBP
25p ordinary		Sale		220,569		4.1300 GBP
25p ordinary		Sale		158,566		4.1298 GBP
25p ordinary		Sale		138,852		4.1302 GBP
25p ordinary		Sale		64,011		4.1308 GBP
25p ordinary		Sale		57,331		4.1342 GBP
25p ordinary		Sale		51,881		4.1329 GBP
25p ordinary		Sale		23,793		4.1327 GBP
25p ordinary		Sale		22,176		4.1306 GBP
25p ordinary		Sale		19,395		4.1268 GBP
25p ordinary		Sale		16,680		4.1280 GBP
25p ordinary		Sale		11,116		4.1321 GBP
25p ordinary		Sale		9,518		4.1275 GBP
25p ordinary		Sale		8,121		4.1319 GBP
25p ordinary		Sale		5,858		4.1253 GBP
25p ordinary		Sale		4,544		4.1345 GBP
25p ordinary		Sale		4,483		4.1440 GBP
25p ordinary		Sale		4,466		4.1340 GBP
25p ordinary		Sale		4,305		4.1385 GBP
25p ordinary		Sale		4,053		4.1378 GBP
25p ordinary		Sale		3,665		4.1380 GBP
25p ordinary		Sale		3,003		4.1360 GBP
25p ordinary		Sale		2,625		4.1271 GBP
25p ordinary		Sale		2,507		4.1318 GBP
25p ordinary		Sale		2,197		4.1420 GBP
25p ordinary		Sale		1,886		4.1299 GBP
25p ordinary		Sale		1,878		4.1260 GBP
25p ordinary		Sale		1,862		4.1400 GBP
25p ordinary		Sale		1,550		4.1330 GBP
25p ordinary		Sale		1,297		4.1460 GBP
25p ordinary		Sale		1,072		4.1279 GBP
25p ordinary		Sale		899		4.1270 GBP
25p ordinary		Sale		379		4.1480 GBP
25p ordinary		Sale		351		4.1220 GBP
25p ordinary		Sale		349		4.1315 GBP
25p ordinary		Sale		335		4.1180 GBP
25p ordinary		Sale		189		4.1320 GBP
25p ordinary		Sale		78		4.1100 GBP
25p ordinary		Sale		66		4.1343 GBP
25p ordinary		Sale		28		4.1120 GBP
25p ordinary		Sale		13		4.1409 GBP
25p ordinary		Sale		5		4.1344 GBP
25p ordinary		Sale		2		4.1244 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		Decreasing Long		36,256	4.1314 GBP
25p ordinary		SWAP		Increasing Long		19,395	4.1268 GBP
25p ordinary		SWAP		Increasing Long		1,072	4.1279 GBP
25p ordinary		SWAP		Increasing Long		7,418	4.1280 GBP
25p ordinary		SWAP		Increasing Long		1,886	4.1299 GBP
25p ordinary		SWAP		Increasing Long		48,982	4.1300 GBP
25p ordinary		SWAP		Increasing Long		35,938	4.1301 GBP
25p ordinary		SWAP		Increasing Long		22,324	4.1305 GBP
25p ordinary		SWAP		Increasing Long		52,297	4.1307 GBP
25p ordinary		SWAP		Increasing Long		62,754	4.1308 GBP
25p ordinary		SWAP		Increasing Long		30,419	4.1312 GBP
25p ordinary		SWAP		Increasing Long		16,508	4.1317 GBP
25p ordinary		SWAP		Increasing Long		13,383	4.1321 GBP
25p ordinary		SWAP		Increasing Long		1,458	4.1322 GBP
25p ordinary		SWAP		Increasing Long		51,881	4.1329 GBP
25p ordinary		SWAP		Increasing Long		57,331	4.1342 GBP
25p ordinary		SWAP		Increasing Long		13,819	4.1353 GBP
25p ordinary		SWAP		Increasing Long		6,811	4.1357 GBP
25p ordinary		SWAP		Increasing Long		15,331	4.1360 GBP
25p ordinary		SWAP		Increasing Long		82	4.1380 GBP
25p ordinary		SWAP		Decreasing Long		24,300	4.1229 GBP
25p ordinary		SWAP		Decreasing Long		9,970	4.1244 GBP
25p ordinary		SWAP		Decreasing Long		1,838	4.1254 GBP
25p ordinary		SWAP		Decreasing Long		190	4.1260 GBP
25p ordinary		SWAP		Decreasing Long		31,512	4.1275 GBP
25p ordinary		SWAP		Decreasing Long		5,594	4.1295 GBP
25p ordinary		SWAP		Decreasing Long		94	4.1303 GBP
25p ordinary		SWAP		Decreasing Long		21,299	4.1316 GBP
25p ordinary		SWAP		Decreasing Long		2,692	4.1338 GBP
25p ordinary		SWAP		Decreasing Long		89,405	4.1340 GBP
25p ordinary		SWAP		Decreasing Long		1,011	4.1363 GBP
25p ordinary		SWAP		Decreasing Long		2,241	4.1375 GBP
25p ordinary		SWAP		Decreasing Long		44,200	4.1402 GBP
25p ordinary		SWAP		Decreasing Long		90	4.1403 GBP
25p ordinary		SWAP		Decreasing Long		730	4.1440 GBP
25p ordinary		CFD		Increasing Long		5,858	4.1253 GBP
25p ordinary		CFD		Increasing Long		7,000	4.1288 GBP
25p ordinary		CFD		Increasing Long		70,603	4.1299 GBP
25p ordinary		CFD		Increasing Long		18,845	4.1300 GBP
25p ordinary		CFD		Decreasing Long		24,382	4.1153 GBP
25p ordinary		CFD		Decreasing Long		321	4.1300 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:				20 Feb 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

RETTMMTTMTBTBIF