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:

08 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:

4,216,081

2.45%

575,728

0.33%

(2)

Cash-settled derivatives:

402,716

0.23%

4,213,720

2.44%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

4,618,797

2.68%

4,789,448

2.77%

(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

213,164

12.9400 GBP

1p ordinary

Purchase

100,000

12.8819 GBP

1p ordinary

Purchase

95,399

12.8800 GBP

1p ordinary

Purchase

50,798

12.9065 GBP

1p ordinary

Purchase

41,212

12.9080 GBP

1p ordinary

Purchase

33,760

12.8811 GBP

1p ordinary

Purchase

25,933

12.8890 GBP

1p ordinary

Purchase

25,654

12.8908 GBP

1p ordinary

Purchase

22,798

12.9200 GBP

1p ordinary

Purchase

21,398

12.8700 GBP

1p ordinary

Purchase

14,753

12.8751 GBP

1p ordinary

Purchase

10,348

12.9372 GBP

1p ordinary

Purchase

7,738

12.9174 GBP

1p ordinary

Purchase

5,451

12.9100 GBP

1p ordinary

Purchase

4,688

12.9130 GBP

1p ordinary

Purchase

4,472

12.9079 GBP

1p ordinary

Purchase

2,846

12.8993 GBP

1p ordinary

Purchase

777

12.8600 GBP

1p ordinary

Purchase

234

12.8796 GBP

1p ordinary

Purchase

156

12.8900 GBP

1p ordinary

Purchase

75

12.8820 GBP

1p ordinary

Sale

154,861

12.8796 GBP

1p ordinary

Sale

85,000

12.9400 GBP

1p ordinary

Sale

26,290

12.8800 GBP

1p ordinary

Sale

24,400

12.9200 GBP

1p ordinary

Sale

4,252

12.9128 GBP

1p ordinary

Sale

2,798

12.9203 GBP

1p ordinary

Sale

991

12.9033 GBP

1p ordinary

Sale

901

12.9100 GBP

1p ordinary

Sale

872

12.9125 GBP

1p ordinary

Sale

778

12.9047 GBP

1p ordinary

Sale

777

12.8600 GBP

1p ordinary

Sale

381

12.9000 GBP

1p ordinary

Sale

162

12.8598 GBP

1p ordinary

Sale

31

12.9409 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

162

12.8598 GBP

1p ordinary

SWAP

Decreasing Short

225

12.8733 GBP

1p ordinary

SWAP

Decreasing Short

2,157

12.8800 GBP

1p ordinary

SWAP

Decreasing Short

2

12.9200 GBP

1p ordinary

SWAP

Decreasing Short

93

12.9393 GBP

1p ordinary

SWAP

Decreasing Short

10,490

12.9400 GBP

1p ordinary

SWAP

Increasing Short

253

12.8800 GBP

1p ordinary

SWAP

Increasing Short

275

12.8801 GBP

1p ordinary

SWAP

Increasing Short

100,000

12.8819 GBP

1p ordinary

SWAP

Increasing Short

25,933

12.8890 GBP

1p ordinary

SWAP

Increasing Short

65

12.9019 GBP

1p ordinary

SWAP

Increasing Short

50,798

12.9065 GBP

1p ordinary

SWAP

Increasing Short

41,212

12.9080 GBP

1p ordinary

SWAP

Increasing Short

5,451

12.9100 GBP

1p ordinary

SWAP

Increasing Short

10,755

12.9103 GBP

1p ordinary

SWAP

Increasing Short

8,989

12.9132 GBP

1p ordinary

SWAP

Increasing Short

66

12.9210 GBP

1p ordinary

SWAP

Increasing Short

149,025

12.9400 GBP

1p ordinary

CFD

Decreasing Short

1,367

12.9390 GBP

1p ordinary

CFD

Increasing Short

130

12.8807 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:

09 Jan 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213