Vanguard's Stake in British Land Company Exceeds 5%

The Vanguard Group, Inc. disclosed its position regarding its interests in British Land Company plc. As of 12 February 2026, Vanguard holds 54,302,142 ordinary shares, representing 5.43% of the company. This disclosure was made under Rule 8.3 of the Takeover Code, which requires it when interests exceed the 1% threshold in relevant securities.

The transaction included the purchase of 16,644 ordinary shares at a price of 4.05 GBP per unit. No cash-settled or stock-settled derivatives positions were disclosed. There were no reported indemnities or agreements relating to options or derivatives related to the securities.

Vanguard's position also extends to Life Science REIT plc, although specific positions were not detailed in this disclosure. No additional supplemental forms were attached to the disclosure.