REG - British Land Co PLC - Admission of Shares

British LandAnnouncement

Tue 14:15

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RNS Number : 3567B  British Land Co PLC  21 April 2026

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR
FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.

FOR IMMEDIATE RELEASE

 

21 April 2026

 

 

Admission of New British Land Shares

In connection with the recommended cash and share offer by The British Land
Company plc ("British Land") for the entire issued and to be issued share
capital of Life Science REIT plc, British Land is pleased to confirm that
24,500,000 new ordinary shares with a nominal value of 25 pence each and each
with one voting right (the "New British Land Shares") were admitted to trading
on the Main Market of the London Stock Exchange, with effect from 8.00 a.m.
today, 21 April 2026. The New British Land Shares are fully fungible with the
existing Ordinary Shares.

Following the admission of the New British Land Shares, British Land's total
number of Ordinary Shares in issue shall be 1,035,669,895 Ordinary Shares.
British Land holds 11,266,245 ordinary shares in treasury. Accordingly, the
total number of voting rights in British Land is 1,024,403,650. British Land's
ordinary shares are admitted to trading on the London Stock Exchange and their
International Securities Identification Number ("ISIN") code is GB0001367019.

The above figure of 1,024,403,650 may be used by shareholders and others for
the calculations by which they will determine if they are required to notify
British Land and the FCA of the percentage of voting rights they hold, or a
change in this percentage, under the FCA's Disclosure Guidance and
Transparency Rules.

British Land has a sponsored American Depositary Receipts ("ADR") programme
for which Bank of New York Mellon acts as the sponsored depositary bank. One
ADR represents one ordinary share of British Land. The ADRs trade on the US
OTC market under the symbol BTLCY. The CUSIP number is 110828100 and the ISIN
is US1108281007.

New British Land Shares held in uncertificated form are expected to be
credited to CREST accounts on or as soon as possible after 8.00 a.m. on 21
April 2026 (but no later than 4 May 2026) and British Land will procure the
despatch of share certificates in respect of New British Land Shares held in
certificated form by no later than 4 May 2026.

British Land's LEI is RV5B68J2GV3QGMRPW209.

 

 

 

Enquiries:

British
Land

Jonty McNuff
(Investors)
+44 (0)7931 684 272

Harriet Scott
(Media)
+44 (0)7977 572 190

Charlotte Whitley
(Media)
+44 (0)7887 802 535

 

Notes regarding New British Land Shares

The New British Land Shares have not been and will not be registered under the
US Securities Act, or under the relevant securities laws of any state,
territory or other jurisdiction of the United States, and may not be offered
or sold in the United States absent registration under the US Securities Act,
or pursuant to an exemption from, or in a transaction not subject to, such
registration requirements and in compliance with any applicable securities
laws of any state or other jurisdiction of the United States. It is expected
that the New British Land Shares will be issued in reliance upon the exemption
from the registration requirements of the US Securities Act provided by
Section 3(a)(10) thereof. For the purpose of qualifying for the exemption
provided by Section 3(a)(10) of the US Securities Act, Life Science REIT
advised the Court that its sanctioning of the Scheme will be relied on by
British Land for the purposes of a Section 3(a)(10) exemption following a
hearing on the fairness of the Scheme to Life Science REIT Shareholders.

The New British Land Shares to be issued pursuant to the Scheme have not been
and will not be registered under the relevant securities laws of Japan and the
relevant clearances have not been, and will not be, obtained from the
securities commission of any province of Canada. No prospectus in relation to
the New British Land Shares has been, or will be, lodged with, or registered
by, the Australian Securities and Investments Commission.

Accordingly, the New British Land Shares are not being, and may not be,
offered, sold, resold, delivered or distributed, directly or indirectly in or
into a Restricted Jurisdiction or any other jurisdiction if to do so would
constitute a violation of relevant laws of, or require registration thereof
in, such jurisdiction (except pursuant to an exemption, if available, from any
applicable registration requirements or otherwise in compliance with all
applicable laws).

 

 

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