t
Barclays PLC filed a Form 8.3 Public Opening Position Disclosure/Dealing Disclosure on 18 March 2026, concerning relevant securities of BRITISH LAND COMPANY PLC and LIFE SCIENCE REIT PLC. As of 17 March 2026, Barclays PLC held total interests of 19,394,458 (1.94%) and total short positions of 16,438,368 (1.64%) in British Land Company PLC's 25p ordinary shares. Dealings undertaken on 17 March 2026 included multiple purchases and sales of British Land Company PLC 25p ordinary shares and various cash-settled derivative transactions.
| Date | 18 Mar 2026 |
| Time | 11:12:12 |
| Category | Holding(s) in company |
| ID | 1723X |
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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: |
17 Mar 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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11,476,067 |
1.15% |
8,088,563 |
0.81% |
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(2) |
Cash-settled derivatives: |
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7,918,391 |
0.79% |
8,349,805 |
0.84% |
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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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19,394,458 |
1.94% |
16,438,368 |
1.64% |
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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 |
104,882 |
3.7660 GBP |
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25p ordinary |
Purchase |
51,021 |
3.7731 GBP |
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25p ordinary |
Purchase |
32,915 |
3.7635 GBP |
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25p ordinary |
Purchase |
28,414 |
3.7661 GBP |
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25p ordinary |
Purchase |
15,825 |
3.7640 GBP |
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25p ordinary |
Purchase |
13,441 |
3.7817 GBP |
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25p ordinary |
Purchase |
9,606 |
3.7800 GBP |
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25p ordinary |
Purchase |
7,787 |
3.7799 GBP |
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25p ordinary |
Purchase |
6,580 |
3.7780 GBP |
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25p ordinary |
Purchase |
5,972 |
3.7816 GBP |
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25p ordinary |
Purchase |
5,589 |
3.7900 GBP |
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25p ordinary |
Purchase |
4,988 |
3.7793 GBP |
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25p ordinary |
Purchase |
3,909 |
3.7736 GBP |
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25p ordinary |
Purchase |
3,850 |
3.7849 GBP |
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25p ordinary |
Purchase |
3,721 |
3.7828 GBP |
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25p ordinary |
Purchase |
3,589 |
3.7642 GBP |
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25p ordinary |
Purchase |
2,166 |
3.7694 GBP |
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25p ordinary |
Purchase |
1,846 |
3.7761 GBP |
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25p ordinary |
Purchase |
1,645 |
3.7794 GBP |
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25p ordinary |
Purchase |
1,560 |
3.7857 GBP |
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25p ordinary |
Purchase |
1,419 |
3.7854 GBP |
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25p ordinary |
Purchase |
1,272 |
3.7501 GBP |
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25p ordinary |
Purchase |
743 |
3.7940 GBP |
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25p ordinary |
Purchase |
616 |
3.7740 GBP |
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25p ordinary |
Purchase |
589 |
3.7790 GBP |
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25p ordinary |
Purchase |
527 |
3.7760 GBP |
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25p ordinary |
Purchase |
477 |
3.7680 GBP |
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25p ordinary |
Purchase |
189 |
3.7820 GBP |
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25p ordinary |
Purchase |
181 |
3.7880 GBP |
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25p ordinary |
Sale |
307,328 |
3.7660 GBP |
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25p ordinary |
Sale |
170,058 |
3.7702 GBP |
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25p ordinary |
Sale |
86,114 |
3.7665 GBP |
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25p ordinary |
Sale |
51,136 |
3.7780 GBP |
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25p ordinary |
Sale |
35,586 |
3.7824 GBP |
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25p ordinary |
Sale |
31,545 |
3.7743 GBP |
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25p ordinary |
Sale |
28,099 |
3.7666 GBP |
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25p ordinary |
Sale |
25,527 |
3.7760 GBP |
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25p ordinary |
Sale |
21,722 |
3.7772 GBP |
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25p ordinary |
Sale |
12,844 |
3.7831 GBP |
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25p ordinary |
Sale |
9,084 |
3.7803 GBP |
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25p ordinary |
Sale |
8,187 |
3.7836 GBP |
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25p ordinary |
Sale |
7,000 |
3.8000 GBP |
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25p ordinary |
Sale |
6,376 |
3.7861 GBP |
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25p ordinary |
Sale |
5,589 |
3.7900 GBP |
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25p ordinary |
Sale |
4,600 |
3.7551 GBP |
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25p ordinary |
Sale |
4,399 |
3.7826 GBP |
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25p ordinary |
Sale |
4,092 |
3.7720 GBP |
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25p ordinary |
Sale |
3,196 |
3.7980 GBP |
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25p ordinary |
Sale |
2,515 |
3.7691 GBP |
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25p ordinary |
Sale |
2,109 |
3.7723 GBP |
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25p ordinary |
Sale |
2,091 |
3.7800 GBP |
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25p ordinary |
Sale |
2,030 |
3.7761 GBP |
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25p ordinary |
Sale |
2,001 |
3.7891 GBP |
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25p ordinary |
Sale |
1,962 |
3.7753 GBP |
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25p ordinary |
Sale |
1,722 |
3.7778 GBP |
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25p ordinary |
Sale |
1,411 |
3.7870 GBP |
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25p ordinary |
Sale |
1,352 |
3.7921 GBP |
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25p ordinary |
Sale |
1,174 |
3.7940 GBP |
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25p ordinary |
Sale |
912 |
3.7960 GBP |
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25p ordinary |
Sale |
883 |
3.7895 GBP |
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25p ordinary |
Sale |
669 |
3.7970 GBP |
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25p ordinary |
Sale |
589 |
3.7790 GBP |
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25p ordinary |
Sale |
469 |
3.7840 GBP |
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25p ordinary |
Sale |
189 |
3.7820 GBP |
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25p ordinary |
Sale |
172 |
3.7740 GBP |
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25p ordinary |
Sale |
100 |
3.7587 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 |
Decreasing Short |
100 |
3.7587 GBP |
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25p ordinary |
SWAP |
Decreasing Short |
195,661 |
3.7660 GBP |
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25p ordinary |
SWAP |
Decreasing Short |
28,099 |
3.7666 GBP |
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25p ordinary |
SWAP |
Decreasing Short |
2,515 |
3.7691 GBP |
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25p ordinary |
SWAP |
Decreasing Short |
4,092 |
3.7720 GBP |
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25p ordinary |
SWAP |
Decreasing Short |
11,726 |
3.7734 GBP |
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25p ordinary |
SWAP |
Decreasing Short |
31,545 |
3.7743 GBP |
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25p ordinary |
SWAP |
Decreasing Short |
2,030 |
3.7761 GBP |
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25p ordinary |
SWAP |
Decreasing Short |
50,385 |
3.7780 GBP |
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25p ordinary |
SWAP |
Decreasing Short |
4,873 |
3.7800 GBP |
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25p ordinary |
SWAP |
Decreasing Short |
20,049 |
3.7802 GBP |
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25p ordinary |
SWAP |
Decreasing Short |
4,399 |
3.7825 GBP |
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25p ordinary |
SWAP |
Decreasing Short |
24,037 |
3.7836 GBP |
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25p ordinary |
SWAP |
Decreasing Short |
6,354 |
3.7901 GBP |
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25p ordinary |
SWAP |
Decreasing Short |
3,500 |
3.7909 GBP |
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25p ordinary |
SWAP |
Decreasing Short |
7,000 |
3.8000 GBP |
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25p ordinary |
SWAP |
Increasing Short |
216 |
3.7240 GBP |
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25p ordinary |
SWAP |
Increasing Short |
1,507 |
3.7626 GBP |
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25p ordinary |
SWAP |
Increasing Short |
9,398 |
3.7632 GBP |
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25p ordinary |
SWAP |
Increasing Short |
3,589 |
3.7642 GBP |
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25p ordinary |
SWAP |
Increasing Short |
5,311 |
3.7660 GBP |
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25p ordinary |
SWAP |
Increasing Short |
460 |
3.7662 GBP |
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25p ordinary |
SWAP |
Increasing Short |
477 |
3.7680 GBP |
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25p ordinary |
SWAP |
Increasing Short |
2,166 |
3.7694 GBP |
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25p ordinary |
SWAP |
Increasing Short |
3,909 |
3.7736 GBP |
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25p ordinary |
SWAP |
Increasing Short |
458 |
3.7763 GBP |
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25p ordinary |
SWAP |
Increasing Short |
267 |
3.7797 GBP |
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25p ordinary |
SWAP |
Increasing Short |
23,100 |
3.7857 GBP |
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25p ordinary |
CFD |
Increasing Long |
142,489 |
3.7659 GBP |
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25p ordinary |
CFD |
Increasing Long |
47,187 |
3.7660 GBP |
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25p ordinary |
CFD |
Increasing Long |
9,402 |
3.7830 GBP |
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25p ordinary |
CFD |
Decreasing Long |
200 |
3.7250 GBP |
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25p ordinary |
CFD |
Decreasing Long |
8,918 |
3.7663 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: |
18 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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