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:

06 Nov 2025

(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:

1,758,080

1.02%

1,633,024

0.95%

(2)

Cash-settled derivatives:

1,491,087

0.87%

1,553,580

0.90%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

3,249,167

1.89%

3,186,604

1.85%

(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

53,761

12.9200 GBP

1p ordinary

Purchase

50,000

12.9638 GBP

1p ordinary

Purchase

16,911

12.9174 GBP

1p ordinary

Purchase

12,690

12.9252 GBP

1p ordinary

Purchase

7,328

12.9800 GBP

1p ordinary

Purchase

4,889

13.1246 GBP

1p ordinary

Purchase

4,200

13.0301 GBP

1p ordinary

Purchase

4,070

13.0382 GBP

1p ordinary

Purchase

2,000

12.9400 GBP

1p ordinary

Purchase

1,629

13.0222 GBP

1p ordinary

Purchase

1,390

12.9181 GBP

1p ordinary

Purchase

1,383

12.9368 GBP

1p ordinary

Purchase

1,221

12.9500 GBP

1p ordinary

Purchase

1,018

13.0685 GBP

1p ordinary

Purchase

920

13.1297 GBP

1p ordinary

Purchase

808

13.0170 GBP

1p ordinary

Purchase

600

13.0000 GBP

1p ordinary

Purchase

532

13.1379 GBP

1p ordinary

Purchase

236

12.9399 GBP

1p ordinary

Purchase

205

13.1000 GBP

1p ordinary

Purchase

107

12.9896 GBP

1p ordinary

Sale

47,036

12.9905 GBP

1p ordinary

Sale

21,699

12.9199 GBP

1p ordinary

Sale

20,565

12.9385 GBP

1p ordinary

Sale

15,370

12.9943 GBP

1p ordinary

Sale

15,042

12.9200 GBP

1p ordinary

Sale

13,666

13.0029 GBP

1p ordinary

Sale

9,607

12.9445 GBP

1p ordinary

Sale

7,708

13.1114 GBP

1p ordinary

Sale

2,159

13.0292 GBP

1p ordinary

Sale

1,144

13.0407 GBP

1p ordinary

Sale

1,105

12.9400 GBP

1p ordinary

Sale

864

13.0400 GBP

1p ordinary

Sale

736

12.9994 GBP

1p ordinary

Sale

669

13.0665 GBP

1p ordinary

Sale

548

12.9869 GBP

1p ordinary

Sale

515

13.1000 GBP

1p ordinary

Sale

384

13.0996 GBP

1p ordinary

Sale

240

13.0036 GBP

1p ordinary

Sale

164

12.9600 GBP

1p ordinary

Sale

141

12.9398 GBP

1p ordinary

Sale

95

12.9397 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

142

12.9193 GBP

1p ordinary

SWAP

Decreasing Short

21,699

12.9199 GBP

1p ordinary

SWAP

Decreasing Short

16,413

12.9200 GBP

1p ordinary

SWAP

Decreasing Short

141

12.9398 GBP

1p ordinary

SWAP

Decreasing Short

950

12.9670 GBP

1p ordinary

SWAP

Decreasing Short

4,017

12.9708 GBP

1p ordinary

SWAP

Decreasing Short

42,032

12.9881 GBP

1p ordinary

SWAP

Decreasing Short

15,370

12.9943 GBP

1p ordinary

SWAP

Decreasing Short

395

12.9989 GBP

1p ordinary

SWAP

Decreasing Short

13,666

13.0029 GBP

1p ordinary

SWAP

Decreasing Short

5,004

13.0102 GBP

1p ordinary

SWAP

Decreasing Short

864

13.0400 GBP

1p ordinary

SWAP

Decreasing Short

2,887

13.0984 GBP

1p ordinary

SWAP

Decreasing Short

310

13.1000 GBP

1p ordinary

SWAP

Increasing Short

53,751

12.9200 GBP

1p ordinary

SWAP

Increasing Short

6,751

12.9206 GBP

1p ordinary

SWAP

Increasing Short

600

12.9300 GBP

1p ordinary

SWAP

Increasing Short

1,383

12.9368 GBP

1p ordinary

SWAP

Increasing Short

2,000

12.9412 GBP

1p ordinary

SWAP

Increasing Short

1,221

12.9500 GBP

1p ordinary

SWAP

Increasing Short

50,000

12.9638 GBP

1p ordinary

SWAP

Increasing Short

107

12.9896 GBP

1p ordinary

SWAP

Increasing Short

142

13.0049 GBP

1p ordinary

SWAP

Increasing Short

59

13.0084 GBP

1p ordinary

SWAP

Increasing Short

808

13.0170 GBP

1p ordinary

SWAP

Increasing Short

1,629

13.0222 GBP

1p ordinary

SWAP

Increasing Short

138

13.0279 GBP

1p ordinary

SWAP

Increasing Short

332

13.0541 GBP

1p ordinary

SWAP

Increasing Short

814

13.0558 GBP

1p ordinary

SWAP

Increasing Short

2,179

13.0600 GBP

1p ordinary

SWAP

Increasing Short

4,389

13.1228 GBP

1p ordinary

SWAP

Increasing Short

920

13.1297 GBP

1p ordinary

SWAP

Increasing Short

532

13.1379 GBP

1p ordinary

SWAP

Increasing Short

500

13.1400 GBP

1p ordinary

SWAP

Increasing Short

7

13.1800 GBP

1p ordinary

CFD

Decreasing Long

2,038

13.0084 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:

07 Nov 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213