Form 8.3 BRITISH LAND COMPANY PLC, THE

RNS Number : 7180T

Barclays PLC

19 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:				18 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:			8,479,249	0.85%	6,100,832	0.61%
(2)	Cash-settled derivatives:
				5,870,454	0.59%	3,793,669	0.38%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%

	TOTAL:			14,349,703	1.44%	9,894,501	0.99%
(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		422,561		4.1740 GBP
25p ordinary		Purchase		215,484		4.1345 GBP
25p ordinary		Purchase		183,842		4.1564 GBP
25p ordinary		Purchase		90,247		4.1300 GBP
25p ordinary		Purchase		61,782		4.1597 GBP
25p ordinary		Purchase		40,186		4.1715 GBP
25p ordinary		Purchase		37,442		4.1440 GBP
25p ordinary		Purchase		36,210		4.1362 GBP
25p ordinary		Purchase		32,366		4.1620 GBP
25p ordinary		Purchase		28,676		4.1588 GBP
25p ordinary		Purchase		27,380		4.1600 GBP
25p ordinary		Purchase		24,510		4.1541 GBP
25p ordinary		Purchase		22,610		4.1555 GBP
25p ordinary		Purchase		20,094		4.1312 GBP
25p ordinary		Purchase		16,986		4.1563 GBP
25p ordinary		Purchase		14,552		4.1650 GBP
25p ordinary		Purchase		12,928		4.1313 GBP
25p ordinary		Purchase		8,827		4.1296 GBP
25p ordinary		Purchase		7,921		4.1339 GBP
25p ordinary		Purchase		7,741		4.1637 GBP
25p ordinary		Purchase		6,570		4.1595 GBP
25p ordinary		Purchase		6,378		4.1369 GBP
25p ordinary		Purchase		6,377		4.1640 GBP
25p ordinary		Purchase		5,889		4.1383 GBP
25p ordinary		Purchase		5,797		4.1490 GBP
25p ordinary		Purchase		5,688		4.1329 GBP
25p ordinary		Purchase		4,739		4.1450 GBP
25p ordinary		Purchase		4,636		4.1308 GBP
25p ordinary		Purchase		4,450		4.1580 GBP
25p ordinary		Purchase		4,093		4.1560 GBP
25p ordinary		Purchase		3,657		4.1638 GBP
25p ordinary		Purchase		3,212		4.1592 GBP
25p ordinary		Purchase		2,948		4.1556 GBP
25p ordinary		Purchase		2,436		4.1306 GBP
25p ordinary		Purchase		2,352		4.1530 GBP
25p ordinary		Purchase		2,262		4.1840 GBP
25p ordinary		Purchase		2,196		4.1618 GBP
25p ordinary		Purchase		1,552		4.1349 GBP
25p ordinary		Purchase		1,432		4.1603 GBP
25p ordinary		Purchase		1,351		4.1475 GBP
25p ordinary		Purchase		1,224		4.1583 GBP
25p ordinary		Purchase		1,219		4.1360 GBP
25p ordinary		Purchase		1,162		4.1630 GBP
25p ordinary		Purchase		954		4.1660 GBP
25p ordinary		Purchase		868		4.1599 GBP
25p ordinary		Purchase		745		4.1720 GBP
25p ordinary		Purchase		680		4.1460 GBP
25p ordinary		Purchase		480		4.1540 GBP
25p ordinary		Purchase		451		4.1680 GBP
25p ordinary		Purchase		402		4.1480 GBP
25p ordinary		Purchase		366		4.1520 GBP
25p ordinary		Purchase		306		4.1525 GBP
25p ordinary		Purchase		200		4.1290 GBP
25p ordinary		Purchase		189		4.1561 GBP
25p ordinary		Purchase		174		4.1550 GBP
25p ordinary		Purchase		159		4.1780 GBP
25p ordinary		Purchase		80		4.1760 GBP
25p ordinary		Purchase		28		4.1800 GBP
25p ordinary		Purchase		20		4.1260 GBP
25p ordinary		Purchase		9		4.1700 GBP
25p ordinary		Sale		184,506		4.1444 GBP
25p ordinary		Sale		135,436		4.1520 GBP
25p ordinary		Sale		130,703		4.1300 GBP
25p ordinary		Sale		124,096		4.1406 GBP
25p ordinary		Sale		113,203		4.1589 GBP
25p ordinary		Sale		107,742		4.1345 GBP
25p ordinary		Sale		80,372		4.1715 GBP
25p ordinary		Sale		77,191		4.1434 GBP
25p ordinary		Sale		67,526		4.1638 GBP
25p ordinary		Sale		25,497		4.1542 GBP
25p ordinary		Sale		23,560		4.1548 GBP
25p ordinary		Sale		20,373		4.1328 GBP
25p ordinary		Sale		17,330		4.1392 GBP
25p ordinary		Sale		12,414		4.1600 GBP
25p ordinary		Sale		11,000		4.1535 GBP
25p ordinary		Sale		10,212		4.1533 GBP
25p ordinary		Sale		8,601		4.1554 GBP
25p ordinary		Sale		7,982		4.1583 GBP
25p ordinary		Sale		7,658		4.1534 GBP
25p ordinary		Sale		5,475		4.1551 GBP
25p ordinary		Sale		5,175		4.1377 GBP
25p ordinary		Sale		5,086		4.1653 GBP
25p ordinary		Sale		4,395		4.1560 GBP
25p ordinary		Sale		3,914		4.1573 GBP
25p ordinary		Sale		3,341		4.1614 GBP
25p ordinary		Sale		2,989		4.1580 GBP
25p ordinary		Sale		2,568		4.1579 GBP
25p ordinary		Sale		2,343		4.1655 GBP
25p ordinary		Sale		2,162		4.1630 GBP
25p ordinary		Sale		2,050		4.1530 GBP
25p ordinary		Sale		1,944		4.1550 GBP
25p ordinary		Sale		1,871		4.1296 GBP
25p ordinary		Sale		1,131		4.1840 GBP
25p ordinary		Sale		1,082		4.1740 GBP
25p ordinary		Sale		1,074		4.1720 GBP
25p ordinary		Sale		854		4.1687 GBP
25p ordinary		Sale		752		4.1650 GBP
25p ordinary		Sale		559		4.1620 GBP
25p ordinary		Sale		549		4.1656 GBP
25p ordinary		Sale		402		4.1480 GBP
25p ordinary		Sale		341		4.1540 GBP
25p ordinary		Sale		182		4.1660 GBP
25p ordinary		Sale		173		4.1640 GBP
25p ordinary		Sale		39		4.1360 GBP
25p ordinary		Sale		16		4.1293 GBP
25p ordinary		Sale		14		4.1800 GBP
25p ordinary		Sale		9		4.1700 GBP
25p ordinary		Sale		1		4.1584 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		37,132	4.1448 GBP
25p ordinary		SWAP		Increasing Long		1,887	4.1296 GBP
25p ordinary		SWAP		Increasing Long		104,680	4.1300 GBP
25p ordinary		SWAP		Increasing Long		5,427	4.1309 GBP
25p ordinary		SWAP		Increasing Long		5,175	4.1377 GBP
25p ordinary		SWAP		Increasing Long		13,860	4.1392 GBP
25p ordinary		SWAP		Increasing Long		77,191	4.1434 GBP
25p ordinary		SWAP		Increasing Long		17,330	4.1500 GBP
25p ordinary		SWAP		Increasing Long		34,046	4.1520 GBP
25p ordinary		SWAP		Increasing Long		10,212	4.1533 GBP
25p ordinary		SWAP		Increasing Long		11,000	4.1535 GBP
25p ordinary		SWAP		Increasing Long		5,475	4.1551 GBP
25p ordinary		SWAP		Increasing Long		8,601	4.1554 GBP
25p ordinary		SWAP		Increasing Long		13,987	4.1559 GBP
25p ordinary		SWAP		Increasing Long		2,202	4.1560 GBP
25p ordinary		SWAP		Increasing Long		7,982	4.1583 GBP
25p ordinary		SWAP		Increasing Long		73,819	4.1589 GBP
25p ordinary		SWAP		Increasing Long		829	4.1643 GBP
25p ordinary		SWAP		Increasing Long		2,343	4.1655 GBP
25p ordinary		SWAP		Increasing Long		80,372	4.1715 GBP
25p ordinary		SWAP		Decreasing Long		8,651	4.1299 GBP
25p ordinary		SWAP		Decreasing Long		4,636	4.1308 GBP
25p ordinary		SWAP		Decreasing Long		182	4.1363 GBP
25p ordinary		SWAP		Decreasing Long		2,145	4.1382 GBP
25p ordinary		SWAP		Decreasing Long		6,988	4.1397 GBP
25p ordinary		SWAP		Decreasing Long		1,351	4.1475 GBP
25p ordinary		SWAP		Decreasing Long		5,797	4.1490 GBP
25p ordinary		SWAP		Decreasing Long		306	4.1524 GBP
25p ordinary		SWAP		Decreasing Long		26,761	4.1529 GBP
25p ordinary		SWAP		Decreasing Long		356	4.1543 GBP
25p ordinary		SWAP		Decreasing Long		885	4.1560 GBP
25p ordinary		SWAP		Decreasing Long		1,668	4.1600 GBP
25p ordinary		SWAP		Decreasing Long		1,318	4.1612 GBP
25p ordinary		SWAP		Decreasing Long		13,800	4.1650 GBP
25p ordinary		SWAP		Decreasing Long		551	4.1720 GBP
25p ordinary		SWAP		Decreasing Long		421,479	4.1740 GBP
25p ordinary		CFD		Increasing Long		26,108	4.1300 GBP
25p ordinary		CFD		Increasing Long		2,568	4.1579 GBP
25p ordinary		CFD		Increasing Long		9,399	4.1581 GBP
25p ordinary		CFD		Decreasing Long		1,429	4.1416 GBP
25p ordinary		CFD		Decreasing Long		28,676	4.1588 GBP
25p ordinary		CFD		Decreasing Long		31,807	4.1619 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:				19 Feb 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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END

RETTLMJTMTABBLF

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

Date	19 Feb 2026
Time	14:06:23
Category	Holding(s) in company
ID	7180T

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

Date	19 Feb 2026
Time	14:06:23
Category	Holding(s) in company
ID	7180T

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Form 8.3 BRITISH LAND COMPANY PLC, THE