t
Barclays PLC filed a public opening position and dealing disclosure on 24 February 2026, concerning its interests in The British Land Company PLC and Life Science REIT PLC. On 23 February 2026, Barclays PLC reported a total long position of 15,321,512 (1.53%) and a total short position of 10,775,753 (1.08%) in British Land Company PLC 25p ordinary shares, concurrent with various purchases, sales, and cash-settled derivative transactions related to these shares.
| Date | 24 Feb 2026 |
| Time | 14:56:46 |
| Category | Holding(s) in company |
| ID | 2215U |
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FORM 8.3 |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY |
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A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR |
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MORE |
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Rule 8.3 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Full name of discloser: |
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Barclays PLC. |
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(b) |
Owner or controller of interest and short |
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positions disclosed, if different from 1(a): |
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(c) |
Name of offeror/offeree in relation to whose |
BRITISH LAND COMPANY PLC, THE |
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relevant securities this form relates: |
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(d) |
If an exempt fund manager connected with an |
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offeror/offeree, state this and specify identity of |
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offeror/offeree: |
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(e) |
Date position held/dealing undertaken: |
23 Feb 2026 |
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(f) |
In addition to the company in 1(c) above, is the discloser making |
YES: |
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disclosures in respect of any other party to the offer? |
LIFE SCIENCE REIT PLC |
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2. |
POSITIONS OF THE PERSON MAKING THE DISCLOSURE |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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to which the disclosure relates following the dealing(if any) |
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Class of relevant security: |
25p ordinary |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
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8,643,343 |
0.86% |
6,808,607 |
0.68% |
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(2) |
Cash-settled derivatives: |
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6,678,169 |
0.67% |
3,967,146 |
0.40% |
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(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
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0 |
0.00% |
0 |
0.00% |
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TOTAL: |
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15,321,512 |
1.53% |
10,775,753 |
1.08% |
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(b) |
Rights to subscribe for new securities (including directors and other executive |
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options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. |
DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE |
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(a) |
Purchases and sales |
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Class of relevant |
Purchase/sale |
Number of |
Price per unit |
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security |
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securities |
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25p ordinary |
Purchase |
337,212 |
4.2220 GBP |
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25p ordinary |
Purchase |
152,580 |
4.2138 GBP |
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25p ordinary |
Purchase |
124,907 |
4.1692 GBP |
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25p ordinary |
Purchase |
106,557 |
4.1721 GBP |
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25p ordinary |
Purchase |
38,520 |
4.2065 GBP |
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25p ordinary |
Purchase |
29,501 |
4.2110 GBP |
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25p ordinary |
Purchase |
22,118 |
4.2103 GBP |
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25p ordinary |
Purchase |
21,737 |
4.1881 GBP |
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25p ordinary |
Purchase |
19,164 |
4.1700 GBP |
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25p ordinary |
Purchase |
12,982 |
4.2148 GBP |
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25p ordinary |
Purchase |
10,528 |
4.2112 GBP |
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25p ordinary |
Purchase |
8,554 |
4.1979 GBP |
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25p ordinary |
Purchase |
6,666 |
4.2122 GBP |
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25p ordinary |
Purchase |
6,201 |
4.2008 GBP |
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25p ordinary |
Purchase |
5,426 |
4.1835 GBP |
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25p ordinary |
Purchase |
5,322 |
4.2000 GBP |
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25p ordinary |
Purchase |
4,677 |
4.1847 GBP |
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25p ordinary |
Purchase |
4,243 |
4.2178 GBP |
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25p ordinary |
Purchase |
2,732 |
4.2101 GBP |
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25p ordinary |
Purchase |
2,570 |
4.1867 GBP |
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25p ordinary |
Purchase |
2,461 |
4.2180 GBP |
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25p ordinary |
Purchase |
2,220 |
4.2092 GBP |
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25p ordinary |
Purchase |
2,153 |
4.1980 GBP |
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25p ordinary |
Purchase |
2,126 |
4.2049 GBP |
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25p ordinary |
Purchase |
1,800 |
4.1859 GBP |
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25p ordinary |
Purchase |
1,653 |
4.1860 GBP |
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25p ordinary |
Purchase |
1,626 |
4.2020 GBP |
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25p ordinary |
Purchase |
1,347 |
4.2140 GBP |
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25p ordinary |
Purchase |
1,137 |
4.2131 GBP |
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25p ordinary |
Purchase |
912 |
4.2340 GBP |
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25p ordinary |
Purchase |
808 |
4.2015 GBP |
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25p ordinary |
Purchase |
750 |
4.2070 GBP |
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25p ordinary |
Purchase |
626 |
4.2320 GBP |
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25p ordinary |
Purchase |
620 |
4.2160 GBP |
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25p ordinary |
Purchase |
569 |
4.2300 GBP |
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25p ordinary |
Purchase |
558 |
4.2040 GBP |
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25p ordinary |
Purchase |
496 |
4.2120 GBP |
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25p ordinary |
Purchase |
480 |
4.1830 GBP |
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25p ordinary |
Purchase |
453 |
4.2270 GBP |
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25p ordinary |
Purchase |
369 |
4.2100 GBP |
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25p ordinary |
Purchase |
226 |
4.1960 GBP |
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25p ordinary |
Purchase |
193 |
4.2090 GBP |
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25p ordinary |
Purchase |
183 |
4.1820 GBP |
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25p ordinary |
Purchase |
171 |
4.2200 GBP |
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25p ordinary |
Purchase |
160 |
4.1880 GBP |
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25p ordinary |
Purchase |
160 |
4.1840 GBP |
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25p ordinary |
Purchase |
138 |
4.1955 GBP |
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25p ordinary |
Purchase |
129 |
4.2080 GBP |
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25p ordinary |
Purchase |
58 |
4.2280 GBP |
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25p ordinary |
Sale |
161,654 |
4.1742 GBP |
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25p ordinary |
Sale |
153,189 |
4.2202 GBP |
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25p ordinary |
Sale |
152,580 |
4.2108 GBP |
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25p ordinary |
Sale |
47,805 |
4.2054 GBP |
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25p ordinary |
Sale |
37,519 |
4.1700 GBP |
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25p ordinary |
Sale |
33,645 |
4.2141 GBP |
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25p ordinary |
Sale |
31,600 |
4.2020 GBP |
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25p ordinary |
Sale |
25,095 |
4.2163 GBP |
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25p ordinary |
Sale |
24,100 |
4.1725 GBP |
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25p ordinary |
Sale |
22,773 |
4.2074 GBP |
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25p ordinary |
Sale |
18,161 |
4.2041 GBP |
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25p ordinary |
Sale |
17,821 |
4.2201 GBP |
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25p ordinary |
Sale |
17,617 |
4.2088 GBP |
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25p ordinary |
Sale |
16,136 |
4.2084 GBP |
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25p ordinary |
Sale |
15,320 |
4.2029 GBP |
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25p ordinary |
Sale |
13,189 |
4.2121 GBP |
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25p ordinary |
Sale |
11,935 |
4.2012 GBP |
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25p ordinary |
Sale |
10,245 |
4.2120 GBP |
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25p ordinary |
Sale |
8,819 |
4.2147 GBP |
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25p ordinary |
Sale |
8,552 |
4.1696 GBP |
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25p ordinary |
Sale |
6,313 |
4.1930 GBP |
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25p ordinary |
Sale |
5,545 |
4.1740 GBP |
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25p ordinary |
Sale |
5,322 |
4.2000 GBP |
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25p ordinary |
Sale |
4,927 |
4.2104 GBP |
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25p ordinary |
Sale |
3,972 |
4.1928 GBP |
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25p ordinary |
Sale |
3,197 |
4.2118 GBP |
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25p ordinary |
Sale |
2,721 |
4.2180 GBP |
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25p ordinary |
Sale |
2,504 |
4.2220 GBP |
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25p ordinary |
Sale |
2,345 |
4.2254 GBP |
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25p ordinary |
Sale |
1,973 |
4.1734 GBP |
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25p ordinary |
Sale |
1,871 |
4.2170 GBP |
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25p ordinary |
Sale |
1,812 |
4.1756 GBP |
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25p ordinary |
Sale |
1,602 |
4.2153 GBP |
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25p ordinary |
Sale |
1,434 |
4.2099 GBP |
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25p ordinary |
Sale |
1,347 |
4.2140 GBP |
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25p ordinary |
Sale |
1,337 |
4.2160 GBP |
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25p ordinary |
Sale |
1,183 |
4.1820 GBP |
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25p ordinary |
Sale |
849 |
4.2200 GBP |
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25p ordinary |
Sale |
686 |
4.1980 GBP |
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25p ordinary |
Sale |
675 |
4.2011 GBP |
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25p ordinary |
Sale |
626 |
4.2320 GBP |
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25p ordinary |
Sale |
569 |
4.2300 GBP |
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25p ordinary |
Sale |
558 |
4.2040 GBP |
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25p ordinary |
Sale |
453 |
4.2270 GBP |
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25p ordinary |
Sale |
429 |
4.2080 GBP |
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25p ordinary |
Sale |
369 |
4.2100 GBP |
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25p ordinary |
Sale |
364 |
4.1960 GBP |
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25p ordinary |
Sale |
200 |
4.1922 GBP |
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25p ordinary |
Sale |
193 |
4.2090 GBP |
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25p ordinary |
Sale |
181 |
4.2340 GBP |
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25p ordinary |
Sale |
160 |
4.1840 GBP |
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25p ordinary |
Sale |
160 |
4.1880 GBP |
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25p ordinary |
Sale |
100 |
4.1859 GBP |
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25p ordinary |
Sale |
58 |
4.2280 GBP |
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25p ordinary |
Sale |
1 |
4.1920 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product |
Nature of dealing |
Number of |
Price per |
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relevant |
description |
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reference |
unit |
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security |
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securities |
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25p ordinary |
SWAP |
Increasing Long |
4,294 |
4.1693 GBP |
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25p ordinary |
SWAP |
Increasing Long |
1,267 |
4.1694 GBP |
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25p ordinary |
SWAP |
Increasing Long |
8,552 |
4.1696 GBP |
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25p ordinary |
SWAP |
Increasing Long |
10,637 |
4.1700 GBP |
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25p ordinary |
SWAP |
Increasing Long |
9,795 |
4.1704 GBP |
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25p ordinary |
SWAP |
Increasing Long |
24,100 |
4.1725 GBP |
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25p ordinary |
SWAP |
Increasing Long |
1,973 |
4.1734 GBP |
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25p ordinary |
SWAP |
Increasing Long |
5,545 |
4.1740 GBP |
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25p ordinary |
SWAP |
Increasing Long |
1,812 |
4.1756 GBP |
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25p ordinary |
SWAP |
Increasing Long |
100 |
4.1859 GBP |
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25p ordinary |
SWAP |
Increasing Long |
5,107 |
4.1885 GBP |
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25p ordinary |
SWAP |
Increasing Long |
675 |
4.2011 GBP |
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25p ordinary |
SWAP |
Increasing Long |
11,935 |
4.2012 GBP |
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25p ordinary |
SWAP |
Increasing Long |
8,876 |
4.2018 GBP |
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25p ordinary |
SWAP |
Increasing Long |
9,212 |
4.2033 GBP |
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25p ordinary |
SWAP |
Increasing Long |
47,805 |
4.2054 GBP |
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25p ordinary |
SWAP |
Increasing Long |
756 |
4.2061 GBP |
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25p ordinary |
SWAP |
Increasing Long |
736 |
4.2072 GBP |
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25p ordinary |
SWAP |
Increasing Long |
22,773 |
4.2074 GBP |
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25p ordinary |
SWAP |
Increasing Long |
13,936 |
4.2099 GBP |
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25p ordinary |
SWAP |
Increasing Long |
4,927 |
4.2104 GBP |
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25p ordinary |
SWAP |
Increasing Long |
152,580 |
4.2108 GBP |
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25p ordinary |
SWAP |
Increasing Long |
9,749 |
4.2119 GBP |
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25p ordinary |
SWAP |
Increasing Long |
823 |
4.2143 GBP |
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25p ordinary |
SWAP |
Increasing Long |
153,189 |
4.2202 GBP |
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25p ordinary |
SWAP |
Increasing Long |
483 |
4.2212 GBP |
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25p ordinary |
SWAP |
Decreasing Long |
3,843 |
4.1700 GBP |
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25p ordinary |
SWAP |
Decreasing Long |
1,796 |
4.1763 GBP |
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25p ordinary |
SWAP |
Decreasing Long |
21,621 |
4.1768 GBP |
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25p ordinary |
SWAP |
Decreasing Long |
16,179 |
4.1788 GBP |
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25p ordinary |
SWAP |
Decreasing Long |
1,413 |
4.1790 GBP |
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|
25p ordinary |
SWAP |
Decreasing Long |
4,677 |
4.1847 GBP |
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|
25p ordinary |
SWAP |
Decreasing Long |
1,111 |
4.1860 GBP |
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|
25p ordinary |
SWAP |
Decreasing Long |
100 |
4.1863 GBP |
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|
25p ordinary |
SWAP |
Decreasing Long |
2,570 |
4.1867 GBP |
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|
25p ordinary |
SWAP |
Decreasing Long |
21,737 |
4.1881 GBP |
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|
25p ordinary |
SWAP |
Decreasing Long |
6,563 |
4.1886 GBP |
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|
25p ordinary |
SWAP |
Decreasing Long |
76,057 |
4.1889 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Long |
200 |
4.1917 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Long |
808 |
4.2015 GBP |
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|
25p ordinary |
SWAP |
Decreasing Long |
91 |
4.2023 GBP |
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|
25p ordinary |
SWAP |
Decreasing Long |
61,143 |
4.2076 GBP |
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|
25p ordinary |
SWAP |
Decreasing Long |
1,474 |
4.2091 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Long |
1,548 |
4.2108 GBP |
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|
25p ordinary |
SWAP |
Decreasing Long |
337,033 |
4.2220 GBP |
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|
25p ordinary |
CFD |
Increasing Long |
11,859 |
4.1700 GBP |
|||
|
25p ordinary |
CFD |
Increasing Long |
350 |
4.1817 GBP |
|||
|
25p ordinary |
CFD |
Increasing Long |
18,161 |
4.2041 GBP |
|||
|
25p ordinary |
CFD |
Increasing Long |
2,503 |
4.2157 GBP |
|||
|
25p ordinary |
CFD |
Increasing Long |
108 |
4.2176 GBP |
|||
|
25p ordinary |
CFD |
Decreasing Long |
3 |
4.1700 GBP |
|||
|
25p ordinary |
CFD |
Decreasing Long |
519 |
4.1859 GBP |
|||
|
25p ordinary |
CFD |
Decreasing Long |
29,501 |
4.2110 GBP |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
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of |
description |
purchasing, |
of |
price |
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date |
money |
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relevant |
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selling, |
securities |
per unit |
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paid/ |
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security |
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varying etc |
to which |
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received |
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option |
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per unit |
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relates |
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(ii) |
Exercise |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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security |
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securities |
unit |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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security |
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applicable) |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
24 Feb 2026 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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