t
Barclays PLC submitted a Form 8.3 disclosure on 02 March 2026 concerning its positions and dealings in 25p ordinary shares of The British Land Company PLC, effective 27 February 2026, and also for Life Science REIT PLC. As of 27 February 2026, Barclays PLC held a total interest of 16,065,398 shares (1.61%) and total short positions of 11,144,072 shares (1.11%) in The British Land Company PLC. Dealings on that date included the purchase of 3,465,654 ordinary shares and sale of 1,707,381 ordinary shares, in addition to various cash-settled derivative transactions.
| Date | 2 Mar 2026 |
| Time | 12:45:53 |
| Category | Holding(s) in company |
| ID | 9650U |
|
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: |
27 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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|
10,855,284 |
1.09% |
5,335,386 |
0.53% |
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(2) |
Cash-settled derivatives: |
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||
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|
5,210,114 |
0.52% |
5,808,686 |
0.58% |
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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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|
|
|
|
|
|
|
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TOTAL: |
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|
16,065,398 |
1.61% |
11,144,072 |
1.11% |
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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 |
||||
|
security |
|
securities |
|
||||
|
25p ordinary |
Purchase |
1,293,359 |
4.0821 GBP |
||||
|
25p ordinary |
Purchase |
661,282 |
4.1020 GBP |
||||
|
25p ordinary |
Purchase |
255,376 |
4.0886 GBP |
||||
|
25p ordinary |
Purchase |
254,650 |
4.0800 GBP |
||||
|
25p ordinary |
Purchase |
183,926 |
4.1131 GBP |
||||
|
25p ordinary |
Purchase |
123,648 |
4.0795 GBP |
||||
|
25p ordinary |
Purchase |
87,416 |
4.1135 GBP |
||||
|
25p ordinary |
Purchase |
50,415 |
4.1087 GBP |
||||
|
25p ordinary |
Purchase |
40,990 |
4.1145 GBP |
||||
|
25p ordinary |
Purchase |
36,794 |
4.0851 GBP |
||||
|
25p ordinary |
Purchase |
32,438 |
4.1158 GBP |
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|
25p ordinary |
Purchase |
28,653 |
4.0965 GBP |
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|
25p ordinary |
Purchase |
20,093 |
4.1207 GBP |
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|
25p ordinary |
Purchase |
20,093 |
4.1206 GBP |
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|
25p ordinary |
Purchase |
14,865 |
4.1169 GBP |
||||
|
25p ordinary |
Purchase |
14,707 |
4.1064 GBP |
||||
|
25p ordinary |
Purchase |
14,285 |
4.1200 GBP |
||||
|
25p ordinary |
Purchase |
14,009 |
4.1180 GBP |
||||
|
25p ordinary |
Purchase |
13,101 |
4.1124 GBP |
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|
25p ordinary |
Purchase |
12,623 |
4.1240 GBP |
||||
|
25p ordinary |
Purchase |
11,556 |
4.1220 GBP |
||||
|
25p ordinary |
Purchase |
11,236 |
4.1073 GBP |
||||
|
25p ordinary |
Purchase |
9,977 |
4.1015 GBP |
||||
|
25p ordinary |
Purchase |
9,824 |
4.1100 GBP |
||||
|
25p ordinary |
Purchase |
9,623 |
4.1260 GBP |
||||
|
25p ordinary |
Purchase |
9,499 |
4.1140 GBP |
||||
|
25p ordinary |
Purchase |
9,130 |
4.1160 GBP |
||||
|
25p ordinary |
Purchase |
9,120 |
4.1174 GBP |
||||
|
25p ordinary |
Purchase |
8,634 |
4.0822 GBP |
||||
|
25p ordinary |
Purchase |
7,887 |
4.1000 GBP |
||||
|
25p ordinary |
Purchase |
6,959 |
4.1141 GBP |
||||
|
25p ordinary |
Purchase |
6,419 |
4.0808 GBP |
||||
|
25p ordinary |
Purchase |
6,187 |
4.1080 GBP |
||||
|
25p ordinary |
Purchase |
5,652 |
4.1060 GBP |
||||
|
25p ordinary |
Purchase |
5,584 |
4.1210 GBP |
||||
|
25p ordinary |
Purchase |
5,557 |
4.1120 GBP |
||||
|
25p ordinary |
Purchase |
5,327 |
4.1139 GBP |
||||
|
25p ordinary |
Purchase |
5,316 |
4.1164 GBP |
||||
|
25p ordinary |
Purchase |
5,217 |
4.0997 GBP |
||||
|
25p ordinary |
Purchase |
4,814 |
4.1128 GBP |
||||
|
25p ordinary |
Purchase |
4,542 |
4.1179 GBP |
||||
|
25p ordinary |
Purchase |
4,054 |
4.1159 GBP |
||||
|
25p ordinary |
Purchase |
3,550 |
4.1014 GBP |
||||
|
25p ordinary |
Purchase |
3,358 |
4.1250 GBP |
||||
|
25p ordinary |
Purchase |
2,076 |
4.1190 GBP |
||||
|
25p ordinary |
Purchase |
1,858 |
4.1040 GBP |
||||
|
25p ordinary |
Purchase |
1,798 |
4.1196 GBP |
||||
|
25p ordinary |
Purchase |
1,584 |
4.1042 GBP |
||||
|
25p ordinary |
Purchase |
1,515 |
4.1230 GBP |
||||
|
25p ordinary |
Purchase |
1,302 |
4.1170 GBP |
||||
|
25p ordinary |
Purchase |
1,291 |
4.0970 GBP |
||||
|
25p ordinary |
Purchase |
1,123 |
4.1280 GBP |
||||
|
25p ordinary |
Purchase |
933 |
4.1070 GBP |
||||
|
25p ordinary |
Purchase |
748 |
4.1110 GBP |
||||
|
25p ordinary |
Purchase |
735 |
4.1150 GBP |
||||
|
25p ordinary |
Purchase |
711 |
4.1380 GBP |
||||
|
25p ordinary |
Purchase |
552 |
4.1090 GBP |
||||
|
25p ordinary |
Purchase |
384 |
4.1010 GBP |
||||
|
25p ordinary |
Purchase |
350 |
4.1130 GBP |
||||
|
25p ordinary |
Purchase |
341 |
4.0980 GBP |
||||
|
25p ordinary |
Purchase |
197 |
4.0960 GBP |
||||
|
25p ordinary |
Purchase |
181 |
4.1270 GBP |
||||
|
25p ordinary |
Purchase |
20 |
4.0860 GBP |
||||
|
25p ordinary |
Sale |
562,735 |
4.0800 GBP |
||||
|
25p ordinary |
Sale |
307,100 |
4.0855 GBP |
||||
|
25p ordinary |
Sale |
198,541 |
4.0801 GBP |
||||
|
25p ordinary |
Sale |
58,823 |
4.1163 GBP |
||||
|
25p ordinary |
Sale |
54,020 |
4.1143 GBP |
||||
|
25p ordinary |
Sale |
47,638 |
4.1160 GBP |
||||
|
25p ordinary |
Sale |
45,797 |
4.0923 GBP |
||||
|
25p ordinary |
Sale |
28,933 |
4.1200 GBP |
||||
|
25p ordinary |
Sale |
21,912 |
4.1240 GBP |
||||
|
25p ordinary |
Sale |
21,336 |
4.1140 GBP |
||||
|
25p ordinary |
Sale |
20,241 |
4.1227 GBP |
||||
|
25p ordinary |
Sale |
16,774 |
4.0823 GBP |
||||
|
25p ordinary |
Sale |
15,776 |
4.1120 GBP |
||||
|
25p ordinary |
Sale |
15,227 |
4.1185 GBP |
||||
|
25p ordinary |
Sale |
11,925 |
4.1180 GBP |
||||
|
25p ordinary |
Sale |
11,555 |
4.1220 GBP |
||||
|
25p ordinary |
Sale |
11,137 |
4.0793 GBP |
||||
|
25p ordinary |
Sale |
10,499 |
4.1148 GBP |
||||
|
25p ordinary |
Sale |
10,307 |
4.0791 GBP |
||||
|
25p ordinary |
Sale |
9,899 |
4.1190 GBP |
||||
|
25p ordinary |
Sale |
8,052 |
4.1214 GBP |
||||
|
25p ordinary |
Sale |
7,710 |
4.1260 GBP |
||||
|
25p ordinary |
Sale |
6,064 |
4.1159 GBP |
||||
|
25p ordinary |
Sale |
5,687 |
4.1182 GBP |
||||
|
25p ordinary |
Sale |
5,584 |
4.1210 GBP |
||||
|
25p ordinary |
Sale |
5,500 |
4.0939 GBP |
||||
|
25p ordinary |
Sale |
4,988 |
4.1000 GBP |
||||
|
25p ordinary |
Sale |
4,857 |
4.1060 GBP |
||||
|
25p ordinary |
Sale |
4,796 |
4.1080 GBP |
||||
|
25p ordinary |
Sale |
4,743 |
4.1188 GBP |
||||
|
25p ordinary |
Sale |
4,343 |
4.1233 GBP |
||||
|
25p ordinary |
Sale |
4,312 |
4.1100 GBP |
||||
|
25p ordinary |
Sale |
4,218 |
4.1204 GBP |
||||
|
25p ordinary |
Sale |
3,358 |
4.1250 GBP |
||||
|
25p ordinary |
Sale |
2,524 |
4.0817 GBP |
||||
|
25p ordinary |
Sale |
2,183 |
4.1139 GBP |
||||
|
25p ordinary |
Sale |
2,005 |
4.1020 GBP |
||||
|
25p ordinary |
Sale |
1,858 |
4.1040 GBP |
||||
|
25p ordinary |
Sale |
1,515 |
4.1230 GBP |
||||
|
25p ordinary |
Sale |
1,302 |
4.1170 GBP |
||||
|
25p ordinary |
Sale |
1,291 |
4.0970 GBP |
||||
|
25p ordinary |
Sale |
1,200 |
4.1293 GBP |
||||
|
25p ordinary |
Sale |
1,171 |
4.0972 GBP |
||||
|
25p ordinary |
Sale |
1,123 |
4.1280 GBP |
||||
|
25p ordinary |
Sale |
1,010 |
4.1153 GBP |
||||
|
25p ordinary |
Sale |
933 |
4.1070 GBP |
||||
|
25p ordinary |
Sale |
748 |
4.1110 GBP |
||||
|
25p ordinary |
Sale |
735 |
4.1150 GBP |
||||
|
25p ordinary |
Sale |
717 |
4.0940 GBP |
||||
|
25p ordinary |
Sale |
552 |
4.1090 GBP |
||||
|
25p ordinary |
Sale |
384 |
4.1010 GBP |
||||
|
25p ordinary |
Sale |
350 |
4.1130 GBP |
||||
|
25p ordinary |
Sale |
341 |
4.0980 GBP |
||||
|
25p ordinary |
Sale |
197 |
4.0960 GBP |
||||
|
25p ordinary |
Sale |
181 |
4.1270 GBP |
||||
|
25p ordinary |
Sale |
168 |
4.1380 GBP |
||||
|
25p ordinary |
Sale |
149 |
4.0796 GBP |
||||
|
25p ordinary |
Sale |
20 |
4.0860 GBP |
||||
|
25p ordinary |
Sale |
9 |
4.1053 GBP |
||||
|
25p ordinary |
Sale |
7 |
4.0920 GBP |
||||
|
|
|
|
|
|
|
|
|
|
(b) |
Cash-settled derivative transactions |
|
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|
Class of |
Product |
Nature of dealing |
Number of |
Price per |
|||
|
relevant |
description |
|
reference |
unit |
|||
|
security |
|
|
securities |
|
|||
|
25p ordinary |
SWAP |
Decreasing Short |
10,307 |
4.0791 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
1,898 |
4.0791 USD |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
11,137 |
4.0793 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
149 |
4.0796 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
52,298 |
4.0800 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
513 |
4.0802 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
191 |
4.0808 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
2,524 |
4.0817 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
7 |
4.0916 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
5,500 |
4.0939 GBP |
|||
|
25p ordinary |
SWAP |
Opening Long |
1,171 |
4.0972 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Long |
40 |
4.0999 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Long |
2 |
4.1170 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Long |
100 |
4.1179 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Long |
11,595 |
4.1185 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Long |
51 |
4.1188 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Long |
2,183 |
4.1190 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Long |
3 |
4.1200 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Long |
12 |
4.1201 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Long |
4,218 |
4.1203 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Long |
1,200 |
4.1293 GBP |
|||
|
25p ordinary |
SWAP |
Opening Short |
491,331 |
4.0800 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
6,419 |
4.0808 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
152,630 |
4.0812 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
8,634 |
4.0822 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
21,329 |
4.0826 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
234,047 |
4.0891 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
720 |
4.0961 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
70,404 |
4.1005 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
9,977 |
4.1015 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
1,584 |
4.1042 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
14,707 |
4.1063 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
193 |
4.1077 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
50,799 |
4.1087 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
13,551 |
4.1094 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
1,063 |
4.1103 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
183,926 |
4.1131 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
12,381 |
4.1134 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
87,416 |
4.1135 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
5,106 |
4.1139 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
4,280 |
4.1140 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
27,718 |
4.1143 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
9,748 |
4.1148 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
22,861 |
4.1150 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
10,209 |
4.1158 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
16,065 |
4.1161 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
293 |
4.1168 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
127 |
4.1200 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
1,903 |
4.1260 GBP |
|||
|
25p ordinary |
CFD |
Increasing Long |
95,418 |
4.0800 GBP |
|||
|
25p ordinary |
CFD |
Increasing Long |
646 |
4.1124 GBP |
|||
|
25p ordinary |
CFD |
Increasing Long |
33 |
4.1163 GBP |
|||
|
25p ordinary |
CFD |
Increasing Long |
4,343 |
4.1233 GBP |
|||
|
25p ordinary |
CFD |
Increasing Long |
65 |
4.1240 GBP |
|||
|
25p ordinary |
CFD |
Increasing Long |
2,724 |
4.1241 GBP |
|||
|
25p ordinary |
CFD |
Decreasing Long |
143,491 |
4.0800 GBP |
|||
|
25p ordinary |
CFD |
Decreasing Long |
167,927 |
4.0803 GBP |
|||
|
25p ordinary |
CFD |
Decreasing Long |
35,736 |
4.0817 GBP |
|||
|
25p ordinary |
CFD |
Decreasing Long |
919 |
4.0962 GBP |
|||
|
25p ordinary |
CFD |
Decreasing Long |
3,550 |
4.1014 GBP |
|||
|
25p ordinary |
CFD |
Decreasing Long |
2,344 |
4.1146 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 |
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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: |
02 Mar 2026 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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