Form 8.3 JTC 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

JTC 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:

07 Jan 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:

1p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

3,906,730

2.27%

645,537

0.37%

(2)

Cash-settled derivatives:

471,713

0.27%

3,904,261

2.26%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

4,378,443

2.54%

4,549,798

2.64%

(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

1p ordinary

Purchase

329,435

12.8797 GBP

1p ordinary

Purchase

141,421

12.9000 GBP

1p ordinary

Purchase

25,933

12.9090 GBP

1p ordinary

Purchase

15,173

12.9085 GBP

1p ordinary

Purchase

12,630

12.9143 GBP

1p ordinary

Purchase

8,005

12.8880 GBP

1p ordinary

Purchase

6,671

12.8891 GBP

1p ordinary

Purchase

4,760

12.8965 GBP

1p ordinary

Purchase

2,933

12.9105 GBP

1p ordinary

Purchase

1,984

12.8867 GBP

1p ordinary

Purchase

1,546

12.9227 GBP

1p ordinary

Purchase

602

12.9052 GBP

1p ordinary

Purchase

544

12.8692 GBP

1p ordinary

Purchase

521

12.8974 GBP

1p ordinary

Purchase

382

12.9200 GBP

1p ordinary

Purchase

203

12.8600 GBP

1p ordinary

Purchase

86

12.8800 GBP

1p ordinary

Sale

62,283

12.9000 GBP

1p ordinary

Sale

33,362

12.9200 GBP

1p ordinary

Sale

15,565

12.8796 GBP

1p ordinary

Sale

6,855

12.8800 GBP

1p ordinary

Sale

1,969

12.8964 GBP

1p ordinary

Sale

784

12.8700 GBP

1p ordinary

Sale

203

12.8600 GBP

1p ordinary

Sale

111

12.8995 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

1p ordinary

SWAP

Decreasing Short

15,565

12.8796 GBP

1p ordinary

SWAP

Decreasing Short

5,696

12.8800 GBP

1p ordinary

SWAP

Decreasing Short

111

12.8995 GBP

1p ordinary

SWAP

Decreasing Short

626

12.9000 GBP

1p ordinary

SWAP

Decreasing Short

32,980

12.9200 GBP

1p ordinary

SWAP

Increasing Short

280

12.8700 GBP

1p ordinary

SWAP

Increasing Short

329,435

12.8797 GBP

1p ordinary

SWAP

Increasing Short

55

12.8810 GBP

1p ordinary

SWAP

Increasing Short

54

12.8917 GBP

1p ordinary

SWAP

Increasing Short

591

12.8928 GBP

1p ordinary

SWAP

Increasing Short

349

12.8930 GBP

1p ordinary

SWAP

Increasing Short

408

12.8932 GBP

1p ordinary

SWAP

Increasing Short

4,760

12.8965 GBP

1p ordinary

SWAP

Increasing Short

1,121

12.8991 GBP

1p ordinary

SWAP

Increasing Short

55,920

12.9000 GBP

1p ordinary

SWAP

Increasing Short

9,749

12.9003 GBP

1p ordinary

SWAP

Increasing Short

360

12.9033 GBP

1p ordinary

SWAP

Increasing Short

329

12.9036 GBP

1p ordinary

SWAP

Increasing Short

602

12.9052 GBP

1p ordinary

SWAP

Increasing Short

15,173

12.9085 GBP

1p ordinary

SWAP

Increasing Short

25,933

12.9090 GBP

1p ordinary

SWAP

Increasing Short

12,630

12.9143 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:

08 Jan 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213