t
Barclays PLC made a Rule 8.3 disclosure on 12 March 2026, detailing its positions and dealings in relevant securities of British Land Company PLC and Life Science REIT PLC. As of 11 March 2026, Barclays PLC held a total long position of 19,334,031 (1.93%) and a total short position of 14,955,850 (1.50%) in British Land Company PLC 25p ordinary shares. The disclosure also reported purchases, sales, and various cash-settled derivative transactions in British Land Company PLC securities undertaken on 11 March 2026.
| Date | 12 Mar 2026 |
| Time | 14:46:54 |
| Category | Holding(s) in company |
| ID | 4624W |
|
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: |
11 Mar 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: |
|
|
12,446,719 |
1.24% |
7,134,499 |
0.71% |
|
(2) |
Cash-settled derivatives: |
|
|
|
|
||
|
|
|
|
|
6,887,312 |
0.69% |
7,821,351 |
0.78% |
|
(3) |
Stock-settled derivatives (including options) |
|
|
|
|
||
|
|
and agreements to purchase/sell: |
|
|
0 |
0.00% |
0 |
0.00% |
|
|
|
|
|
|
|
|
|
|
|
TOTAL: |
|
|
19,334,031 |
1.93% |
14,955,850 |
1.50% |
|
(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 |
608,683 |
3.6860 GBP |
||||
|
25p ordinary |
Purchase |
407,399 |
3.6720 GBP |
||||
|
25p ordinary |
Purchase |
290,982 |
3.6740 GBP |
||||
|
25p ordinary |
Purchase |
233,463 |
3.6889 GBP |
||||
|
25p ordinary |
Purchase |
153,582 |
3.6852 GBP |
||||
|
25p ordinary |
Purchase |
109,764 |
3.6851 GBP |
||||
|
25p ordinary |
Purchase |
80,743 |
3.6887 GBP |
||||
|
25p ordinary |
Purchase |
77,401 |
3.6842 GBP |
||||
|
25p ordinary |
Purchase |
74,628 |
3.6809 GBP |
||||
|
25p ordinary |
Purchase |
68,160 |
3.6862 GBP |
||||
|
25p ordinary |
Purchase |
53,749 |
3.6878 GBP |
||||
|
25p ordinary |
Purchase |
51,314 |
3.6801 GBP |
||||
|
25p ordinary |
Purchase |
46,433 |
3.6876 GBP |
||||
|
25p ordinary |
Purchase |
16,235 |
3.6811 GBP |
||||
|
25p ordinary |
Purchase |
14,021 |
3.6832 GBP |
||||
|
25p ordinary |
Purchase |
12,518 |
3.6871 GBP |
||||
|
25p ordinary |
Purchase |
10,810 |
3.6752 GBP |
||||
|
25p ordinary |
Purchase |
9,583 |
3.6797 GBP |
||||
|
25p ordinary |
Purchase |
8,974 |
3.6773 GBP |
||||
|
25p ordinary |
Purchase |
8,311 |
3.6877 GBP |
||||
|
25p ordinary |
Purchase |
8,032 |
3.6726 GBP |
||||
|
25p ordinary |
Purchase |
7,317 |
3.6748 GBP |
||||
|
25p ordinary |
Purchase |
6,409 |
3.6839 GBP |
||||
|
25p ordinary |
Purchase |
6,242 |
3.6905 GBP |
||||
|
25p ordinary |
Purchase |
5,589 |
3.6931 GBP |
||||
|
25p ordinary |
Purchase |
5,549 |
3.6863 GBP |
||||
|
25p ordinary |
Purchase |
5,134 |
3.6893 GBP |
||||
|
25p ordinary |
Purchase |
5,131 |
3.6804 GBP |
||||
|
25p ordinary |
Purchase |
4,972 |
3.6918 GBP |
||||
|
25p ordinary |
Purchase |
4,581 |
3.6849 GBP |
||||
|
25p ordinary |
Purchase |
4,075 |
3.6789 GBP |
||||
|
25p ordinary |
Purchase |
3,502 |
3.6799 GBP |
||||
|
25p ordinary |
Purchase |
3,436 |
3.7040 GBP |
||||
|
25p ordinary |
Purchase |
3,040 |
3.6745 GBP |
||||
|
25p ordinary |
Purchase |
2,885 |
3.6757 GBP |
||||
|
25p ordinary |
Purchase |
2,759 |
3.6821 GBP |
||||
|
25p ordinary |
Purchase |
2,747 |
3.6910 GBP |
||||
|
25p ordinary |
Purchase |
2,081 |
3.6805 GBP |
||||
|
25p ordinary |
Purchase |
1,952 |
3.6719 GBP |
||||
|
25p ordinary |
Purchase |
1,691 |
3.6980 GBP |
||||
|
25p ordinary |
Purchase |
1,670 |
3.6900 GBP |
||||
|
25p ordinary |
Purchase |
1,548 |
3.6880 GBP |
||||
|
25p ordinary |
Purchase |
1,505 |
3.6974 GBP |
||||
|
25p ordinary |
Purchase |
1,443 |
3.6920 GBP |
||||
|
25p ordinary |
Purchase |
1,391 |
3.6796 GBP |
||||
|
25p ordinary |
Purchase |
1,380 |
3.6639 GBP |
||||
|
25p ordinary |
Purchase |
1,379 |
3.6640 GBP |
||||
|
25p ordinary |
Purchase |
1,343 |
3.6870 GBP |
||||
|
25p ordinary |
Purchase |
844 |
3.6750 GBP |
||||
|
25p ordinary |
Purchase |
837 |
3.6760 GBP |
||||
|
25p ordinary |
Purchase |
806 |
3.6820 GBP |
||||
|
25p ordinary |
Purchase |
741 |
3.6580 GBP |
||||
|
25p ordinary |
Purchase |
709 |
3.6700 GBP |
||||
|
25p ordinary |
Purchase |
645 |
3.6850 GBP |
||||
|
ADR |
Purchase |
496 |
4.9000 USD |
||||
|
25p ordinary |
Purchase |
169 |
3.6840 GBP |
||||
|
25p ordinary |
Purchase |
142 |
3.7020 GBP |
||||
|
25p ordinary |
Purchase |
106 |
3.6940 GBP |
||||
|
25p ordinary |
Purchase |
81 |
3.6800 GBP |
||||
|
25p ordinary |
Purchase |
65 |
3.7000 GBP |
||||
|
25p ordinary |
Purchase |
26 |
3.6780 GBP |
||||
|
25p ordinary |
Sale |
199,456 |
3.6860 GBP |
||||
|
25p ordinary |
Sale |
179,386 |
3.6855 GBP |
||||
|
25p ordinary |
Sale |
173,451 |
3.6720 GBP |
||||
|
25p ordinary |
Sale |
169,997 |
3.6854 GBP |
||||
|
25p ordinary |
Sale |
161,486 |
3.6887 GBP |
||||
|
25p ordinary |
Sale |
159,636 |
3.6894 GBP |
||||
|
25p ordinary |
Sale |
154,167 |
3.6780 GBP |
||||
|
25p ordinary |
Sale |
95,643 |
3.6851 GBP |
||||
|
25p ordinary |
Sale |
87,545 |
3.6815 GBP |
||||
|
25p ordinary |
Sale |
46,435 |
3.6733 GBP |
||||
|
25p ordinary |
Sale |
45,642 |
3.6876 GBP |
||||
|
25p ordinary |
Sale |
40,096 |
3.6864 GBP |
||||
|
25p ordinary |
Sale |
35,914 |
3.6815 GBP |
||||
|
25p ordinary |
Sale |
33,943 |
3.6830 GBP |
||||
|
25p ordinary |
Sale |
30,794 |
3.6882 GBP |
||||
|
25p ordinary |
Sale |
26,117 |
3.6839 GBP |
||||
|
25p ordinary |
Sale |
23,818 |
3.6917 GBP |
||||
|
25p ordinary |
Sale |
16,229 |
3.6847 GBP |
||||
|
25p ordinary |
Sale |
16,186 |
3.6701 GBP |
||||
|
25p ordinary |
Sale |
12,205 |
3.6788 GBP |
||||
|
25p ordinary |
Sale |
11,612 |
3.6846 GBP |
||||
|
25p ordinary |
Sale |
9,797 |
3.6751 GBP |
||||
|
25p ordinary |
Sale |
5,402 |
3.6853 GBP |
||||
|
25p ordinary |
Sale |
4,465 |
3.6965 GBP |
||||
|
25p ordinary |
Sale |
3,417 |
3.6840 GBP |
||||
|
25p ordinary |
Sale |
3,121 |
3.7024 GBP |
||||
|
25p ordinary |
Sale |
2,888 |
3.7080 GBP |
||||
|
25p ordinary |
Sale |
2,863 |
3.6718 GBP |
||||
|
25p ordinary |
Sale |
1,533 |
3.6609 GBP |
||||
|
25p ordinary |
Sale |
1,379 |
3.6640 GBP |
||||
|
25p ordinary |
Sale |
1,367 |
3.6717 GBP |
||||
|
25p ordinary |
Sale |
1,343 |
3.6870 GBP |
||||
|
25p ordinary |
Sale |
891 |
3.6980 GBP |
||||
|
25p ordinary |
Sale |
837 |
3.6760 GBP |
||||
|
25p ordinary |
Sale |
811 |
3.6975 GBP |
||||
|
25p ordinary |
Sale |
791 |
3.6800 GBP |
||||
|
25p ordinary |
Sale |
654 |
3.6660 GBP |
||||
|
25p ordinary |
Sale |
631 |
3.6629 GBP |
||||
|
25p ordinary |
Sale |
554 |
3.6920 GBP |
||||
|
ADR |
Sale |
496 |
4.9000 USD |
||||
|
25p ordinary |
Sale |
289 |
3.6850 GBP |
||||
|
25p ordinary |
Sale |
106 |
3.6940 GBP |
||||
|
25p ordinary |
Sale |
91 |
3.6820 GBP |
||||
|
25p ordinary |
Sale |
65 |
3.7000 GBP |
||||
|
25p ordinary |
Sale |
37 |
3.6580 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 |
26,828 |
3.6857 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
1,367 |
3.6717 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
28,907 |
3.6718 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
1,825 |
3.6720 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
39,999 |
3.6728 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
1,060 |
3.6748 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
250 |
3.6769 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
18,127 |
3.6771 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
87,725 |
3.6780 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
47,353 |
3.6782 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
12,205 |
3.6788 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
8,497 |
3.6792 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
21,605 |
3.6810 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
33,395 |
3.6830 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
16,778 |
3.6840 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
287 |
3.6853 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
289 |
3.6898 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
4,465 |
3.6965 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
75 |
3.6980 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
3,121 |
3.7024 GBP |
|||
|
25p ordinary |
SWAP |
Decreasing Short |
81,744 |
3.7423 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
1,952 |
3.6719 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
162,212 |
3.6720 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
163,372 |
3.6722 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
1,244 |
3.6732 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
3,040 |
3.6745 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
23,655 |
3.6753 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
35,974 |
3.6778 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
1,391 |
3.6796 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
5,131 |
3.6804 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
21,605 |
3.6810 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
21,665 |
3.6813 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
367 |
3.6821 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
27,526 |
3.6824 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
32,103 |
3.6831 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
41,396 |
3.6833 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
38,654 |
3.6838 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
16,778 |
3.6840 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
109,764 |
3.6851 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
10,117 |
3.6853 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
26 |
3.6860 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
6,217 |
3.6875 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
233,463 |
3.6889 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
25,213 |
3.6933 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
100 |
3.7020 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
1,723 |
3.7185 GBP |
|||
|
25p ordinary |
SWAP |
Increasing Short |
103,015 |
3.7464 GBP |
|||
|
25p ordinary |
CFD |
Increasing Long |
56 |
3.6691 GBP |
|||
|
25p ordinary |
CFD |
Increasing Long |
306 |
3.6719 GBP |
|||
|
25p ordinary |
CFD |
Increasing Long |
496 |
3.6817 GBP |
|||
|
25p ordinary |
CFD |
Increasing Long |
26,397 |
3.6859 GBP |
|||
|
25p ordinary |
CFD |
Decreasing Long |
4,062 |
3.6734 GBP |
|||
|
25p ordinary |
CFD |
Decreasing Long |
19,548 |
3.6807 GBP |
|||
|
25p ordinary |
CFD |
Decreasing Long |
10,814 |
3.6809 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: |
12 Mar 2026 |
||||||
|
Contact name: |
Large Holdings Regulatory Operations |
||||||
|
Telephone number: |
020 3134 7213 |
||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|