Form 8.3 BRITISH LAND COMPANY PLC, THE

RNS Number : 5266T

Barclays PLC

18 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:				17 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:			8,499,769	0.85%	6,345,721	0.63%
(2)	Cash-settled derivatives:
				6,014,942	0.60%	3,856,732	0.39%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%

	TOTAL:			14,514,711	1.45%	10,202,453	1.02%
(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		183,175		4.1202 GBP
25p ordinary		Purchase		113,488		4.1040 GBP
25p ordinary		Purchase		72,680		4.1147 GBP
25p ordinary		Purchase		51,862		4.1520 GBP
25p ordinary		Purchase		42,469		4.1090 GBP
25p ordinary		Purchase		35,773		4.1178 GBP
25p ordinary		Purchase		21,187		4.1195 GBP
25p ordinary		Purchase		20,093		4.1176 GBP
25p ordinary		Purchase		16,534		4.1234 GBP
25p ordinary		Purchase		15,651		4.1071 GBP
25p ordinary		Purchase		15,579		4.1001 GBP
25p ordinary		Purchase		15,266		4.1133 GBP
25p ordinary		Purchase		9,295		4.1134 GBP
25p ordinary		Purchase		8,153		4.1019 GBP
25p ordinary		Purchase		8,023		4.1000 GBP
25p ordinary		Purchase		6,099		4.1315 GBP
25p ordinary		Purchase		5,797		4.1078 GBP
25p ordinary		Purchase		4,788		4.1228 GBP
25p ordinary		Purchase		4,540		4.1091 GBP
25p ordinary		Purchase		4,262		4.1065 GBP
25p ordinary		Purchase		3,164		4.0500 GBP
25p ordinary		Purchase		3,041		4.0960 GBP
25p ordinary		Purchase		2,958		4.1200 GBP
25p ordinary		Purchase		2,218		4.1249 GBP
25p ordinary		Purchase		2,182		4.0984 GBP
25p ordinary		Purchase		2,138		4.0953 GBP
25p ordinary		Purchase		2,130		4.1159 GBP
25p ordinary		Purchase		2,124		4.1020 GBP
25p ordinary		Purchase		1,898		4.1039 GBP
25p ordinary		Purchase		1,507		4.1120 GBP
25p ordinary		Purchase		1,338		4.0919 GBP
25p ordinary		Purchase		1,175		4.1079 GBP
25p ordinary		Purchase		1,135		4.1528 GBP
25p ordinary		Purchase		700		4.0951 GBP
25p ordinary		Purchase		488		4.1080 GBP
25p ordinary		Purchase		420		4.1160 GBP
25p ordinary		Purchase		366		4.0620 GBP
25p ordinary		Purchase		265		4.1240 GBP
25p ordinary		Purchase		220		4.1180 GBP
25p ordinary		Purchase		172		4.1110 GBP
25p ordinary		Purchase		96		4.0900 GBP
25p ordinary		Purchase		60		4.0615 GBP
25p ordinary		Sale		514,307		4.1481 GBP
25p ordinary		Sale		91,675		4.1100 GBP
25p ordinary		Sale		68,141		4.1520 GBP
25p ordinary		Sale		40,178		4.1078 GBP
25p ordinary		Sale		19,798		4.1041 GBP
25p ordinary		Sale		15,347		4.1516 GBP
25p ordinary		Sale		14,757		4.1394 GBP
25p ordinary		Sale		13,842		4.1178 GBP
25p ordinary		Sale		12,380		4.1047 GBP
25p ordinary		Sale		12,360		4.1177 GBP
25p ordinary		Sale		10,742		4.1327 GBP
25p ordinary		Sale		6,076		4.1050 GBP
25p ordinary		Sale		5,801		4.1083 GBP
25p ordinary		Sale		5,706		4.1174 GBP
25p ordinary		Sale		5,691		4.1053 GBP
25p ordinary		Sale		5,400		4.1156 GBP
25p ordinary		Sale		5,213		4.1020 GBP
25p ordinary		Sale		4,979		4.1004 GBP
25p ordinary		Sale		4,533		4.1025 GBP
25p ordinary		Sale		4,085		4.1180 GBP
25p ordinary		Sale		3,990		4.1240 GBP
25p ordinary		Sale		3,455		4.1055 GBP
25p ordinary		Sale		3,340		4.1089 GBP
25p ordinary		Sale		3,067		4.1080 GBP
25p ordinary		Sale		2,785		4.1120 GBP
25p ordinary		Sale		1,966		4.1125 GBP
25p ordinary		Sale		1,726		4.1450 GBP
25p ordinary		Sale		1,078		4.1005 GBP
25p ordinary		Sale		933		4.1427 GBP
25p ordinary		Sale		312		4.1000 GBP
25p ordinary		Sale		212		4.0804 GBP
25p ordinary		Sale		209		4.1060 GBP
25p ordinary		Sale		172		4.1110 GBP
25p ordinary		Sale		168		4.0960 GBP
25p ordinary		Sale		168		4.1200 GBP
25p ordinary		Sale		32		4.0940 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		212	4.0805 GBP
25p ordinary		SWAP		Increasing Long		4,533	4.1025 GBP
25p ordinary		SWAP		Increasing Long		12,380	4.1047 GBP
25p ordinary		SWAP		Increasing Long		6,076	4.1050 GBP
25p ordinary		SWAP		Increasing Long		5,691	4.1053 GBP
25p ordinary		SWAP		Increasing Long		40,178	4.1078 GBP
25p ordinary		SWAP		Increasing Long		3,067	4.1080 GBP
25p ordinary		SWAP		Increasing Long		21,970	4.1095 GBP
25p ordinary		SWAP		Increasing Long		55,930	4.1100 GBP
25p ordinary		SWAP		Increasing Long		18,009	4.1106 GBP
25p ordinary		SWAP		Increasing Long		574	4.1127 GBP
25p ordinary		SWAP		Increasing Long		10,742	4.1327 GBP
25p ordinary		SWAP		Increasing Long		14,757	4.1394 GBP
25p ordinary		SWAP		Increasing Long		933	4.1427 GBP
25p ordinary		SWAP		Increasing Long		1,726	4.1450 GBP
25p ordinary		SWAP		Increasing Long		43,473	4.1489 GBP
25p ordinary		SWAP		Increasing Long		539	4.1512 USD
25p ordinary		SWAP		Increasing Long		422,643	4.1520 GBP
25p ordinary		SWAP		Decreasing Long		386	4.0620 GBP
25p ordinary		SWAP		Decreasing Long		7,300	4.0921 GBP
25p ordinary		SWAP		Decreasing Long		2,138	4.0953 GBP
25p ordinary		SWAP		Decreasing Long		191	4.1015 GBP
25p ordinary		SWAP		Decreasing Long		113,488	4.1040 GBP
25p ordinary		SWAP		Decreasing Long		35,500	4.1055 GBP
25p ordinary		SWAP		Decreasing Long		69,428	4.1064 GBP
25p ordinary		SWAP		Decreasing Long		1,175	4.1079 GBP
25p ordinary		SWAP		Decreasing Long		42,469	4.1090 GBP
25p ordinary		SWAP		Decreasing Long		92	4.1123 GBP
25p ordinary		SWAP		Decreasing Long		90	4.1203 GBP
25p ordinary		SWAP		Decreasing Long		2,218	4.1249 GBP
25p ordinary		SWAP		Decreasing Long		3,029	4.1286 GBP
25p ordinary		SWAP		Decreasing Long		8,283	4.1299 GBP
25p ordinary		SWAP		Decreasing Long		9,607	4.1303 GBP
25p ordinary		SWAP		Decreasing Long		6,099	4.1315 GBP
25p ordinary		SWAP		Decreasing Long		5,776	4.1520 GBP
25p ordinary		SWAP		Decreasing Long		1,135	4.1528 GBP
25p ordinary		CFD		Increasing Long		19,798	4.1041 GBP
25p ordinary		CFD		Increasing Long		3,455	4.1055 GBP
25p ordinary		CFD		Increasing Long		5,801	4.1083 GBP
25p ordinary		CFD		Increasing Long		11,225	4.1091 GBP
25p ordinary		CFD		Increasing Long		33,766	4.1516 GBP
25p ordinary		CFD		Decreasing Long		3,164	4.0500 GBP
25p ordinary		CFD		Decreasing Long		4,930	4.1019 GBP
25p ordinary		CFD		Decreasing Long		15,651	4.1071 GBP
25p ordinary		CFD		Decreasing Long		16,395	4.1109 GBP
25p ordinary		CFD		Decreasing Long		389	4.1205 GBP
25p ordinary		CFD		Decreasing Long		146,524	4.1220 GBP
25p ordinary		CFD		Decreasing Long		13,403	4.1520 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:				18 Feb 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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END

RETTPMBTMTJBBTF

TIDM	BARC
Share Price	497.15p-0.51%
Market Cap	£66.76bn

Date	18 Feb 2026
Time	11:46:04
Category	Holding(s) in company
ID	5266T

TIDM	BARC
Share Price	497.15p-0.51%
Market Cap	£66.76bn

Date	18 Feb 2026
Time	11:46:04
Category	Holding(s) in company
ID	5266T

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Form 8.3 BRITISH LAND COMPANY PLC, THE