REG - British Land Co PLC - Rule 2.9 Announcement

British LandAnnouncement

Today 12:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260305:nRSE5401Va&default-theme=true

RNS Number : 5401V  British Land Co PLC  05 March 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 OF SUCH JURISDICTION

FOR IMMEDIATE RELEASE

 

5 March 2026

 

 

The British Land Company PLC

("British Land")

 

 

Rule 2.9 Announcement

Following the announcement of the recommended cash and share offer by British
Land for the entire issued and to be issued share capital of Life Science REIT
plc, British Land confirms that on 5 March 2026, 1,785 ordinary shares of 25
pence each in the share capital of British Land were allotted and issued to
satisfy the exercise of certain share options granted under British Land's
SAYE Share Option Scheme.

In accordance with Rule 2.9 of the City Code on Takeovers and Mergers, British
Land confirms that at the date of this announcement, it had in issue
999,895,368 ordinary shares of 25 pence each. British Land holds 11,266,245
ordinary shares in treasury. Accordingly, the total number of voting rights in
British Land is 1,011,161,613. 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 999,895,368 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.

 

 

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

 

UBS (Financial Adviser to British Land)             +44 (0)20 7567
8000

Fergus Horrobin

Jonathan Retter

Sandip Dhillon

Aadhar Patel

 

FGS Global (PR Adviser to British
Land)
+44 (0)20 7251 3801

Oli Sherwood

Guy Lamming

 

Important notices relating to the financial advisers

UBS is authorised and regulated by the Financial Market Supervisory Authority
in Switzerland. It is authorised by the Prudential Regulation Authority and
subject to regulation by the FCA and limited regulation by the Prudential
Regulation Authority in the United Kingdom. UBS is acting as financial adviser
to British Land and no one else in connection with the matters set out in this
Announcement. In connection with such matters, UBS, its affiliates, and its or
their respective directors, officers, employees and agents will not regard any
other person as its client, nor will it be responsible to any other person for
providing the protections afforded to its clients or for providing advice in
relation to the contents of this Announcement or any other matter referred to
herein.

Disclosure requirements

Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of
any class of relevant securities of an offeree company or of any securities
exchange offeror (being any offeror other than an offeror in respect of which
it has been announced that its offer is, or is likely to be, solely in cash)
must make an Opening Position Disclosure following the commencement of the
offer period and, if later, following the Announcement in which any securities
exchange offeror is first identified. An Opening Position Disclosure must
contain details of the person's interests and short positions in, and rights
to subscribe for, any relevant securities of each of (i) the offeree company
and (ii) any securities exchange offeror(s). An Opening Position Disclosure by
a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm
(London time) on the 10(th) business day following the commencement of the
offer period and, if appropriate, by no later than 3.30 pm (London time) on
the 10(th) business day following the Announcement in which any securities
exchange offeror is first identified. Relevant persons who deal in the
relevant securities of the offeree company or of a securities exchange offeror
prior to the deadline for making an Opening Position Disclosure must instead
make a Dealing Disclosure.

Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1%
or more of any class of relevant securities of the offeree company or of any
securities exchange offeror must make a Dealing Disclosure if the person deals
in any relevant securities of the offeree company or of any securities
exchange offeror. A Dealing Disclosure must contain details of the dealing
concerned and of the person's interests and short positions in, and rights to
subscribe for, any relevant securities of each of (i) the offeree company and
(ii) any securities exchange offeror(s), save to the extent that these details
have previously been disclosed under Rule 8. A Dealing Disclosure by a person
to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (London
time) on the business day following the date of the relevant dealing.

If two or more persons act together pursuant to an agreement or understanding,
whether formal or informal, to acquire or control an interest in relevant
securities of an offeree company or a securities exchange offeror, they will
be deemed to be a single person for the purpose of Rule 8.3.

Opening Position Disclosures must also be made by the offeree company and by
any offeror and Dealing Disclosures must also be made by the offeree company,
by any offeror and by any persons acting in concert with any of them (see
Rules 8.1, 8.2 and 8.4).

Details of the offeree and offeror companies in respect of whose relevant
securities Opening Position Disclosures and Dealing Disclosures must be made
can be found in the Disclosure Table on the Takeover Panel's website at
www.thetakeoverpanel.org.uk (http://www.thetakeoverpanel.org.uk) , including
details of the number of relevant securities in issue, when the offer period
commenced and when any offeror was first identified. You should contact the
Panel's Market Surveillance Unit on +44 (0)20 7638 0129 if you are in any
doubt as to whether you are required to make an Opening Position Disclosure or
a Dealing Disclosure.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RTTJAMTTMTMMBLF



            Copyright 2019 Regulatory News Service, all rights reserved