Form 8.3 ASHTEAD TECHNOLOGY HOLDINGS PLC

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR

MORE

Rule 8.3 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Full name of discloser:

Barclays PLC.

(b)

Owner or controller of interest and short

positions disclosed, if different from 1(a):

(c)

Name of offeror/offeree in relation to whose

ASHTEAD TECHNOLOGY HOLDINGS PLC

relevant securities this form relates:

(d)

If an exempt fund manager connected with an

offeror/offeree, state this and specify identity of

offeror/offeree:

(e)

Date position held/dealing undertaken:

22 Oct 2026

(f)

In addition to the company in 1(c) above, is the discloser making

NO

disclosures in respect of any other party to the offer?

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a)

Interests and short positions in the relevant securities of the offeror or offeree

to which the disclosure relates following the dealing(if any)

Class of relevant security:

5p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

1,057,078

1.31%

1,019,892

1.26%

(2)

Cash-settled derivatives:

1,019,892

1.26%

1,056,477

1.30%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

2,076,970

2.56%

2,076,369

2.56%

(b)

Rights to subscribe for new securities (including directors and other executive

options)

Class of relevant security in relation to

which subscription right exists

Details, including nature of the rights

concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

(a)

Purchases and sales

Class of relevant

Purchase/sale

Number of

Price per unit

security

securities

5p ordinary

Purchase

138,054

6.0880 GBP

5p ordinary

Purchase

121,778

6.0800 GBP

5p ordinary

Purchase

24,871

6.0797 GBP

5p ordinary

Purchase

21,854

6.0804 GBP

5p ordinary

Purchase

21,168

6.0747 GBP

5p ordinary

Purchase

20,156

6.0772 GBP

5p ordinary

Purchase

15,611

6.0792 GBP

5p ordinary

Purchase

13,928

6.0794 GBP

5p ordinary

Purchase

11,462

6.0762 GBP

5p ordinary

Purchase

6,416

6.0700 GBP

5p ordinary

Purchase

5,387

6.0766 GBP

5p ordinary

Purchase

3,260

6.0786 GBP

5p ordinary

Purchase

2,743

6.0812 GBP

5p ordinary

Purchase

2,573

6.0803 GBP

5p ordinary

Purchase

894

6.0834 GBP

5p ordinary

Purchase

665

6.0729 GBP

5p ordinary

Purchase

549

6.0707 GBP

5p ordinary

Purchase

545

6.0738 GBP

5p ordinary

Purchase

442

6.0798 GBP

5p ordinary

Purchase

228

6.0692 GBP

5p ordinary

Purchase

212

6.0750 GBP

5p ordinary

Sale

110,323

6.0800 GBP

5p ordinary

Sale

74,795

6.0751 GBP

5p ordinary

Sale

24,379

6.0799 GBP

5p ordinary

Sale

17,034

6.0795 GBP

5p ordinary

Sale

11,721

6.0743 GBP

5p ordinary

Sale

5,558

6.0811 GBP

5p ordinary

Sale

3,989

6.0734 GBP

5p ordinary

Sale

3,405

6.0746 GBP

5p ordinary

Sale

2,892

6.0778 GBP

5p ordinary

Sale

2,213

6.0772 GBP

5p ordinary

Sale

1,662

6.0747 GBP

5p ordinary

Sale

1,130

6.0730 GBP

5p ordinary

Sale

162

6.0873 GBP

5p ordinary

Sale

150

6.0750 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

5p ordinary

SWAP

Decreasing Short

6,951

6.0799 GBP

5p ordinary

SWAP

Decreasing Long

372

6.0794 GBP

5p ordinary

SWAP

Decreasing Long

363

6.0794 GBP

5p ordinary

SWAP

Decreasing Long

188

6.0791 GBP

5p ordinary

SWAP

Decreasing Long

200

6.0800 GBP

5p ordinary

SWAP

Increasing Short

11,462

6.0762 GBP

5p ordinary

SWAP

Increasing Long

3,989

6.0734 GBP

5p ordinary

SWAP

Increasing Long

1,038

6.0798 GBP

5p ordinary

SWAP

Decreasing Short

4,878

6.0800 GBP

5p ordinary

SWAP

Decreasing Long

138,054

6.0880 GBP

5p ordinary

CFD

Decreasing Short

3,398

6.0772 GBP

5p ordinary

CFD

Increasing Short

6,416

6.0704 GBP

5p ordinary

SWAP

Increasing Long

794

6.0695 GBP

5p ordinary

SWAP

Decreasing Short

12,000

6.0793 GBP

5p ordinary

SWAP

Decreasing Short

74,795

6.0751 GBP

5p ordinary

SWAP

Opening Long

3,405

6.0740 GBP

5p ordinary

SWAP

Decreasing Short

17,428

6.0799 GBP

5p ordinary

SWAP

Decreasing Long

10,233

6.0800 GBP

5p ordinary

SWAP

Increasing Long

417

6.0800 GBP

5p ordinary

SWAP

Increasing Short

9,913

6.0800 GBP

5p ordinary

SWAP

Decreasing Long

94,613

6.0777 GBP

5p ordinary

CFD

Closing Short

10,945

6.0795 GBP

5p ordinary

SWAP

Closing Long

1,714

6.0803 GBP

5p ordinary

SWAP

Opening Short

817

6.0803 GBP

5p ordinary

SWAP

Increasing Short

9,727

6.0820 GBP

5p ordinary

SWAP

Increasing Long

11,721

6.0743 GBP

5p ordinary

SWAP

Closing Short

817

6.0800 GBP

5p ordinary

SWAP

Opening Long

5,445

6.0800 GBP

5p ordinary

SWAP

Increasing Short

38,369

6.0800 GBP

5p ordinary

SWAP

Decreasing Long

23

6.0750 GBP

5p ordinary

SWAP

Increasing Long

15,857

6.0800 GBP

5p ordinary

SWAP

Decreasing Long

5,464

6.0800 GBP

5p ordinary

SWAP

Increasing Long

544

6.0800 GBP

5p ordinary

SWAP

Decreasing Long

27

6.0800 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

date

money

relevant

selling,

securities

per unit

paid/

security

varying etc

to which

received

option

per unit

relates

(ii)

Exercise

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

securities

unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings 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:

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between

the person 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 of future acquisition or disposal of any relevant securities to which

any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

23 Oct 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213