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:

09 Nov 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:

887,327

1.10%

782,519

0.97%

(2)

Cash-settled derivatives:

757,179

0.94%

885,556

1.09%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,644,506

2.03%

1,668,075

2.06%

(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

28,592

6.0581 GBP

5p ordinary

Purchase

20,464

6.0600 GBP

5p ordinary

Purchase

16,162

6.0629 GBP

5p ordinary

Purchase

13,123

6.0535 GBP

5p ordinary

Purchase

8,266

6.0554 GBP

5p ordinary

Purchase

8,052

6.0549 GBP

5p ordinary

Purchase

6,680

6.0589 GBP

5p ordinary

Purchase

3,525

6.0525 GBP

5p ordinary

Purchase

2,432

6.0596 GBP

5p ordinary

Purchase

1,665

6.0547 GBP

5p ordinary

Purchase

1,335

6.0594 GBP

5p ordinary

Purchase

989

6.0650 GBP

5p ordinary

Purchase

548

6.0491 GBP

5p ordinary

Purchase

454

6.0505 GBP

5p ordinary

Purchase

437

6.0646 GBP

5p ordinary

Purchase

329

6.0500 GBP

5p ordinary

Sale

81,931

6.0512 GBP

5p ordinary

Sale

44,194

6.0538 GBP

5p ordinary

Sale

11,121

6.0580 GBP

5p ordinary

Sale

3,798

6.0557 GBP

5p ordinary

Sale

2,545

6.0496 GBP

5p ordinary

Sale

2,535

6.0597 GBP

5p ordinary

Sale

2,106

6.0600 GBP

5p ordinary

Sale

1,641

6.0594 GBP

5p ordinary

Sale

437

6.0647 GBP

5p ordinary

Sale

425

6.0596 GBP

5p ordinary

Sale

367

6.0521 GBP

5p ordinary

Sale

299

6.0589 GBP

5p ordinary

Sale

194

6.0550 GBP

5p ordinary

Sale

100

6.0400 GBP

5p ordinary

Sale

19

6.0563 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 Long

1

6.0600 GBP

5p ordinary

SWAP

Decreasing Long

13

6.0604 GBP

5p ordinary

SWAP

Decreasing Long

1,106

6.0564 GBP

5p ordinary

SWAP

Decreasing Long

50

6.0100 GBP

5p ordinary

SWAP

Opening Short

933

6.0603 GBP

5p ordinary

SWAP

Increasing Short

46,337

6.0576 GBP

5p ordinary

CFD

Increasing Short

9,500

6.0569 GBP

5p ordinary

CFD

Decreasing Long

7,466

6.0603 GBP

5p ordinary

CFD

Decreasing Long

5,317

6.0600 GBP

5p ordinary

SWAP

Increasing Long

709

6.0495 GBP

5p ordinary

SWAP

Decreasing Short

2,535

6.0597 GBP

5p ordinary

SWAP

Opening Long

3,798

6.0552 GBP

5p ordinary

SWAP

Increasing Long

410

6.0593 GBP

5p ordinary

SWAP

Closing Short

933

6.0584 GBP

5p ordinary

SWAP

Opening Long

8,045

6.0584 GBP

5p ordinary

SWAP

Decreasing Short

1,234

6.0593 GBP

5p ordinary

CFD

Increasing Short

7,893

6.0594 GBP

5p ordinary

CFD

Increasing Long

1,434

6.0591 GBP

5p ordinary

CFD

Increasing Long

19

6.0500 GBP

5p ordinary

SWAP

Decreasing Short

44,194

6.0538 GBP

5p ordinary

SWAP

Decreasing Long

735

6.0541 GBP

5p ordinary

SWAP

Closing Long

8,045

6.0590 GBP

5p ordinary

SWAP

Opening Short

5,408

6.0590 GBP

5p ordinary

SWAP

Decreasing Short

100

6.0400 GBP

5p ordinary

CFD

Increasing Short

11,052

6.0563 GBP

5p ordinary

CFD

Increasing Long

81,931

6.0512 GBP

5p ordinary

SWAP

Decreasing Long

989

6.0650 GBP

5p ordinary

SWAP

Decreasing Short

194

6.0550 GBP

5p ordinary

SWAP

Decreasing Long

4,936

6.0600 GBP

5p ordinary

SWAP

Increasing Short

307

6.0600 GBP

5p ordinary

SWAP

Decreasing Short

367

6.0521 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:

10 Nov 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213