Form 8.5 (EPT/RI) - British Land Company plc, The

RNS Number : 6097Y

Morgan Stanley & Co. Int'l plc

30 March 2026

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the "Code")

1. KEY INFORMATION

(a) Name of exempt principal trader:	Morgan Stanley & Co. International plc
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	British Land Company plc, The
(c) Name of the party to the offer with which exempt principal trader is connected:	British Land Company plc, The
(d) Date dealing undertaken:	27 March 2026
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A"	YES - Life Science REIT plc

2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security	Purchases/ sales	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
25p ordinary	PURCHASES	1,608,172	3.5600 GBP	3.4180 GBP
25p ordinary	SALES	1,512,458	3.5602 GBP	3.4220 GBP
25p ordinary	PURCHASES	2	4.5773 USD	4.5773 USD
25p ordinary	SALES	14,192	4.6110 USD	4.6110 USD

(b) Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
25p ordinary	CFD	increasing a long position	20,282	3.4305 GBP
25p ordinary	CFD	increasing a long position	48,985	3.4305 GBP
25p ordinary	CFD	increasing a long position	112,216	3.4320 GBP
25p ordinary	CFD	increasing a long position	61	3.4320 GBP
25p ordinary	CFD	increasing a long position	101	3.4323 GBP
25p ordinary	CFD	increasing a long position	116,898	3.4331 GBP
25p ordinary	CFD	increasing a long position	30,696	3.4374 GBP
25p ordinary	CFD	increasing a long position	283	3.4389 GBP
25p ordinary	CFD	increasing a long position	154	3.4401 GBP
25p ordinary	CFD	increasing a long position	2,924	3.4426 GBP
25p ordinary	CFD	increasing a long position	2,814	3.4435 GBP
25p ordinary	CFD	increasing a long position	87,002	3.4453 GBP
25p ordinary	CFD	increasing a long position	148,080	3.4473 GBP
25p ordinary	CFD	increasing a long position	2,928	3.4517 GBP
25p ordinary	CFD	increasing a long position	3,366	3.4517 GBP
25p ordinary	CFD	increasing a long position	941	3.4517 GBP
25p ordinary	CFD	increasing a long position	976	3.4517 GBP
25p ordinary	CFD	increasing a long position	3,379	3.4517 GBP
25p ordinary	CFD	increasing a long position	72	3.4518 GBP
25p ordinary	CFD	increasing a long position	51,018	3.4582 GBP
25p ordinary	CFD	increasing a long position	123,217	3.4582 GBP
25p ordinary	CFD	increasing a long position	100,505	3.4604 GBP
25p ordinary	CFD	increasing a long position	2,920	3.4774 GBP
25p ordinary	CFD	increasing a long position	3,297	3.4984 GBP
25p ordinary	CFD	increasing a long position	2,899	3.5033 GBP
25p ordinary	CFD	increasing a long position	7,241	3.5037 GBP
25p ordinary	CFD	increasing a long position	1,820	3.5067 GBP
25p ordinary	CFD	increasing a long position	2,761	3.5067 GBP
25p ordinary	CFD	increasing a long position	8,809	3.5089 GBP
25p ordinary	CFD	increasing a long position	2,858	3.5109 GBP
25p ordinary	CFD	increasing a long position	139	3.5600 GBP
25p ordinary	CFD	increasing a long position	211	3.5600 GBP
25p ordinary	CFD	increasing a short position	94,545	3.4320 GBP
25p ordinary	CFD	increasing a short position	16	3.4320 GBP
25p ordinary	CFD	increasing a short position	2,341	3.4320 GBP
25p ordinary	CFD	increasing a short position	192	3.4320 GBP
25p ordinary	CFD	increasing a short position	12,183	3.4322 GBP
25p ordinary	CFD	increasing a short position	5,130	3.4322 GBP
25p ordinary	CFD	increasing a short position	194	3.4322 GBP
25p ordinary	CFD	increasing a short position	15,355	3.4322 GBP
25p ordinary	CFD	increasing a short position	787	3.4339 GBP
25p ordinary	CFD	increasing a short position	132,703	3.4355 GBP
25p ordinary	CFD	increasing a short position	50	3.4358 GBP
25p ordinary	CFD	increasing a short position	59,888	3.4362 GBP
25p ordinary	CFD	increasing a short position	2,036	3.4406 GBP
25p ordinary	CFD	increasing a short position	8,375	3.4406 GBP
25p ordinary	CFD	increasing a short position	30,598	3.4406 GBP
25p ordinary	CFD	increasing a short position	5,765	3.4406 GBP
25p ordinary	CFD	increasing a short position	77,030	3.4422 GBP
25p ordinary	CFD	increasing a short position	1,131	3.4445 GBP
25p ordinary	CFD	increasing a short position	945	3.4445 GBP
25p ordinary	CFD	increasing a short position	2,794	3.4445 GBP
25p ordinary	CFD	increasing a short position	766	3.4449 GBP
25p ordinary	CFD	increasing a short position	2	3.4460 GBP
25p ordinary	CFD	increasing a short position	80,947	3.4499 GBP
25p ordinary	CFD	increasing a short position	878	3.4610 GBP
25p ordinary	CFD	increasing a short position	2,373	3.4640 GBP
25p ordinary	CFD	increasing a short position	410	3.4645 GBP
25p ordinary	CFD	increasing a short position	94	3.4659 GBP
25p ordinary	CFD	increasing a short position	3,052	3.4822 GBP
25p ordinary	CFD	increasing a short position	307	3.4859 GBP
25p ordinary	CFD	increasing a short position	100	3.5221 GBP
25p ordinary	CFD	increasing a short position	100	3.5221 GBP
25p ordinary	CFD	increasing a short position	245	3.5541 GBP
25p ordinary	CFD	reducing a long position	6,269	3.4320 GBP
25p ordinary	CFD	reducing a long position	12,680	3.4321 GBP
25p ordinary	CFD	reducing a long position	8,980	3.4323 GBP
25p ordinary	CFD	reducing a long position	59,080	3.4323 GBP
25p ordinary	CFD	reducing a long position	14,501	3.4323 GBP
25p ordinary	CFD	reducing a long position	2,669	3.4323 GBP
25p ordinary	CFD	reducing a long position	10,325	3.4323 GBP
25p ordinary	CFD	reducing a long position	133,112	3.4324 GBP
25p ordinary	CFD	reducing a long position	10,329	3.4337 GBP
25p ordinary	CFD	reducing a long position	8,982	3.4337 GBP
25p ordinary	CFD	reducing a long position	2,671	3.4337 GBP
25p ordinary	CFD	reducing a long position	14,503	3.4337 GBP
25p ordinary	CFD	reducing a long position	59,077	3.4337 GBP
25p ordinary	CFD	reducing a long position	3,960	3.4340 GBP
25p ordinary	CFD	reducing a long position	66,210	3.4406 GBP
25p ordinary	CFD	reducing a long position	349,608	3.4406 GBP
25p ordinary	CFD	reducing a long position	45,778	3.4406 GBP
25p ordinary	CFD	reducing a long position	16,155	3.4406 GBP
25p ordinary	CFD	reducing a long position	4,671	3.4407 GBP
25p ordinary	CFD	reducing a long position	7,089	3.4407 GBP
25p ordinary	CFD	reducing a long position	3,491	3.4411 GBP
25p ordinary	CFD	reducing a long position	36,478	3.4422 GBP
25p ordinary	CFD	reducing a long position	2,180	3.4450 GBP
25p ordinary	CFD	reducing a long position	95	3.4452 GBP
25p ordinary	CFD	reducing a long position	93,888	3.4520 GBP
25p ordinary	CFD	reducing a long position	1,869	3.4521 GBP
25p ordinary	CFD	reducing a long position	1	3.4860 GBP
25p ordinary	CFD	reducing a short position	2,060	3.4280 GBP
25p ordinary	CFD	reducing a short position	14,677	3.4316 GBP
25p ordinary	CFD	reducing a short position	337	3.4320 GBP
25p ordinary	CFD	reducing a short position	88	3.4362 GBP
25p ordinary	CFD	reducing a short position	2,930	3.4399 GBP
25p ordinary	CFD	reducing a short position	1,356	3.4400 GBP
25p ordinary	CFD	reducing a short position	1,759	3.4400 GBP
25p ordinary	CFD	reducing a short position	2,847	3.4524 GBP
25p ordinary	CFD	reducing a short position	687	3.4524 GBP
25p ordinary	CFD	reducing a short position	1,946	3.4524 GBP
25p ordinary	CFD	reducing a short position	10,273	3.4524 GBP
25p ordinary	CFD	reducing a short position	63,031	3.4631 GBP
25p ordinary	CFD	reducing a short position	2,761	3.5002 GBP
25p ordinary	CFD	reducing a short position	21	3.5200 GBP
25p ordinary	CFD	reducing a short position	11	3.5200 GBP
25p ordinary	CFD	reducing a short position	2,341	3.5549 GBP

(i) Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type

e.g. American, European etc.

Expiry date

Option money paid/ received per unit

N/A

(ii) Exercise

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

N/A

(d) Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing

e.g. subscription, conversion

Details

Price per unit (if applicable)

N/A

3. OTHER INFORMATION

(a) Indemnity and other dealing 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:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

NONE

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader 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 or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

NONE

Date of disclosure:	30 March 2026
Contact name:	Claire Gordon
Telephone number:	+44 141 245-8893

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

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END

FEREAXDEDDFKEEA

RNS Number : 6097Y

Morgan Stanley & Co. Int'l plc

30 March 2026

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the "Code")

1. KEY INFORMATION

(a) Name of exempt principal trader:	Morgan Stanley & Co. International plc
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	British Land Company plc, The
(c) Name of the party to the offer with which exempt principal trader is connected:	British Land Company plc, The
(d) Date dealing undertaken:	27 March 2026
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A"	YES - Life Science REIT plc

2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security	Purchases/ sales	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
25p ordinary	PURCHASES	1,608,172	3.5600 GBP	3.4180 GBP
25p ordinary	SALES	1,512,458	3.5602 GBP	3.4220 GBP
25p ordinary	PURCHASES	2	4.5773 USD	4.5773 USD
25p ordinary	SALES	14,192	4.6110 USD	4.6110 USD

(b) Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
25p ordinary	CFD	increasing a long position	20,282	3.4305 GBP
25p ordinary	CFD	increasing a long position	48,985	3.4305 GBP
25p ordinary	CFD	increasing a long position	112,216	3.4320 GBP
25p ordinary	CFD	increasing a long position	61	3.4320 GBP
25p ordinary	CFD	increasing a long position	101	3.4323 GBP
25p ordinary	CFD	increasing a long position	116,898	3.4331 GBP
25p ordinary	CFD	increasing a long position	30,696	3.4374 GBP
25p ordinary	CFD	increasing a long position	283	3.4389 GBP
25p ordinary	CFD	increasing a long position	154	3.4401 GBP
25p ordinary	CFD	increasing a long position	2,924	3.4426 GBP
25p ordinary	CFD	increasing a long position	2,814	3.4435 GBP
25p ordinary	CFD	increasing a long position	87,002	3.4453 GBP
25p ordinary	CFD	increasing a long position	148,080	3.4473 GBP
25p ordinary	CFD	increasing a long position	2,928	3.4517 GBP
25p ordinary	CFD	increasing a long position	3,366	3.4517 GBP
25p ordinary	CFD	increasing a long position	941	3.4517 GBP
25p ordinary	CFD	increasing a long position	976	3.4517 GBP
25p ordinary	CFD	increasing a long position	3,379	3.4517 GBP
25p ordinary	CFD	increasing a long position	72	3.4518 GBP
25p ordinary	CFD	increasing a long position	51,018	3.4582 GBP
25p ordinary	CFD	increasing a long position	123,217	3.4582 GBP
25p ordinary	CFD	increasing a long position	100,505	3.4604 GBP
25p ordinary	CFD	increasing a long position	2,920	3.4774 GBP
25p ordinary	CFD	increasing a long position	3,297	3.4984 GBP
25p ordinary	CFD	increasing a long position	2,899	3.5033 GBP
25p ordinary	CFD	increasing a long position	7,241	3.5037 GBP
25p ordinary	CFD	increasing a long position	1,820	3.5067 GBP
25p ordinary	CFD	increasing a long position	2,761	3.5067 GBP
25p ordinary	CFD	increasing a long position	8,809	3.5089 GBP
25p ordinary	CFD	increasing a long position	2,858	3.5109 GBP
25p ordinary	CFD	increasing a long position	139	3.5600 GBP
25p ordinary	CFD	increasing a long position	211	3.5600 GBP
25p ordinary	CFD	increasing a short position	94,545	3.4320 GBP
25p ordinary	CFD	increasing a short position	16	3.4320 GBP
25p ordinary	CFD	increasing a short position	2,341	3.4320 GBP
25p ordinary	CFD	increasing a short position	192	3.4320 GBP
25p ordinary	CFD	increasing a short position	12,183	3.4322 GBP
25p ordinary	CFD	increasing a short position	5,130	3.4322 GBP
25p ordinary	CFD	increasing a short position	194	3.4322 GBP
25p ordinary	CFD	increasing a short position	15,355	3.4322 GBP
25p ordinary	CFD	increasing a short position	787	3.4339 GBP
25p ordinary	CFD	increasing a short position	132,703	3.4355 GBP
25p ordinary	CFD	increasing a short position	50	3.4358 GBP
25p ordinary	CFD	increasing a short position	59,888	3.4362 GBP
25p ordinary	CFD	increasing a short position	2,036	3.4406 GBP
25p ordinary	CFD	increasing a short position	8,375	3.4406 GBP
25p ordinary	CFD	increasing a short position	30,598	3.4406 GBP
25p ordinary	CFD	increasing a short position	5,765	3.4406 GBP
25p ordinary	CFD	increasing a short position	77,030	3.4422 GBP
25p ordinary	CFD	increasing a short position	1,131	3.4445 GBP
25p ordinary	CFD	increasing a short position	945	3.4445 GBP
25p ordinary	CFD	increasing a short position	2,794	3.4445 GBP
25p ordinary	CFD	increasing a short position	766	3.4449 GBP
25p ordinary	CFD	increasing a short position	2	3.4460 GBP
25p ordinary	CFD	increasing a short position	80,947	3.4499 GBP
25p ordinary	CFD	increasing a short position	878	3.4610 GBP
25p ordinary	CFD	increasing a short position	2,373	3.4640 GBP
25p ordinary	CFD	increasing a short position	410	3.4645 GBP
25p ordinary	CFD	increasing a short position	94	3.4659 GBP
25p ordinary	CFD	increasing a short position	3,052	3.4822 GBP
25p ordinary	CFD	increasing a short position	307	3.4859 GBP
25p ordinary	CFD	increasing a short position	100	3.5221 GBP
25p ordinary	CFD	increasing a short position	100	3.5221 GBP
25p ordinary	CFD	increasing a short position	245	3.5541 GBP
25p ordinary	CFD	reducing a long position	6,269	3.4320 GBP
25p ordinary	CFD	reducing a long position	12,680	3.4321 GBP
25p ordinary	CFD	reducing a long position	8,980	3.4323 GBP
25p ordinary	CFD	reducing a long position	59,080	3.4323 GBP
25p ordinary	CFD	reducing a long position	14,501	3.4323 GBP
25p ordinary	CFD	reducing a long position	2,669	3.4323 GBP
25p ordinary	CFD	reducing a long position	10,325	3.4323 GBP
25p ordinary	CFD	reducing a long position	133,112	3.4324 GBP
25p ordinary	CFD	reducing a long position	10,329	3.4337 GBP
25p ordinary	CFD	reducing a long position	8,982	3.4337 GBP
25p ordinary	CFD	reducing a long position	2,671	3.4337 GBP
25p ordinary	CFD	reducing a long position	14,503	3.4337 GBP
25p ordinary	CFD	reducing a long position	59,077	3.4337 GBP
25p ordinary	CFD	reducing a long position	3,960	3.4340 GBP
25p ordinary	CFD	reducing a long position	66,210	3.4406 GBP
25p ordinary	CFD	reducing a long position	349,608	3.4406 GBP
25p ordinary	CFD	reducing a long position	45,778	3.4406 GBP
25p ordinary	CFD	reducing a long position	16,155	3.4406 GBP
25p ordinary	CFD	reducing a long position	4,671	3.4407 GBP
25p ordinary	CFD	reducing a long position	7,089	3.4407 GBP
25p ordinary	CFD	reducing a long position	3,491	3.4411 GBP
25p ordinary	CFD	reducing a long position	36,478	3.4422 GBP
25p ordinary	CFD	reducing a long position	2,180	3.4450 GBP
25p ordinary	CFD	reducing a long position	95	3.4452 GBP
25p ordinary	CFD	reducing a long position	93,888	3.4520 GBP
25p ordinary	CFD	reducing a long position	1,869	3.4521 GBP
25p ordinary	CFD	reducing a long position	1	3.4860 GBP
25p ordinary	CFD	reducing a short position	2,060	3.4280 GBP
25p ordinary	CFD	reducing a short position	14,677	3.4316 GBP
25p ordinary	CFD	reducing a short position	337	3.4320 GBP
25p ordinary	CFD	reducing a short position	88	3.4362 GBP
25p ordinary	CFD	reducing a short position	2,930	3.4399 GBP
25p ordinary	CFD	reducing a short position	1,356	3.4400 GBP
25p ordinary	CFD	reducing a short position	1,759	3.4400 GBP
25p ordinary	CFD	reducing a short position	2,847	3.4524 GBP
25p ordinary	CFD	reducing a short position	687	3.4524 GBP
25p ordinary	CFD	reducing a short position	1,946	3.4524 GBP
25p ordinary	CFD	reducing a short position	10,273	3.4524 GBP
25p ordinary	CFD	reducing a short position	63,031	3.4631 GBP
25p ordinary	CFD	reducing a short position	2,761	3.5002 GBP
25p ordinary	CFD	reducing a short position	21	3.5200 GBP
25p ordinary	CFD	reducing a short position	11	3.5200 GBP
25p ordinary	CFD	reducing a short position	2,341	3.5549 GBP

(i) Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type

e.g. American, European etc.

Expiry date

Option money paid/ received per unit

N/A

(ii) Exercise

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

N/A

(d) Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing

e.g. subscription, conversion

Details

Price per unit (if applicable)

N/A

3. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

NONE

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader 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 or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

NONE

Date of disclosure:	30 March 2026
Contact name:	Claire Gordon
Telephone number:	+44 141 245-8893

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

END

FEREAXDEDDFKEEA

Date	30 Mar 2026
Time	08:32:43
Category	Holding(s) in company
ID	6097Y

Date	30 Mar 2026
Time	08:32:43
Category	Holding(s) in company
ID	6097Y

t

Company Information

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Form 8.5 (EPT/RI) - British Land Company plc, The

Date of disclosure:

Contact name:

Telephone number:

Company Information

AI Summary

RNS Metadata

Date of disclosure:

Contact name:

Telephone number: