British Land Company: Disclosure by The Vanguard Group

On April 1, 2026, The Vanguard Group, Inc. disclosed its position in the securities of The British Land Company plc. According to the filing, Vanguard holds 54,767,059 ordinary shares, representing 5.48% of the company. The disclosure is part of Rule 8.3 under the Takeover Code, applicable for entities owning 1% or more of relevant securities.

The filing details recent transactions in the British Land securities. Vanguard purchased 78,843 shares at prices ranging from 3.62 to 3.66 GBP per share. Simultaneously, they sold 43,755 shares at similar prices. Vanguard reported no cash-settled or stock-settled derivative transactions, nor any agreements, arrangements, or understandings related to options or derivatives.

Vanguard confirmed the absence of indemnity arrangements or any inducements to deal in the securities. This disclosure provides insight into Vanguard's significant stake and trading activities in British Land.