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:

10 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:

1,715,504

1.00%

2,149,938

1.25%

(2)

Cash-settled derivatives:

1,967,381

1.14%

1,505,846

0.88%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

3,682,885

2.14%

3,655,784

2.13%

(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

119,541

12.9536 GBP

1p ordinary

Purchase

107,000

12.8760 GBP

1p ordinary

Purchase

57,297

12.9222 GBP

1p ordinary

Purchase

54,365

12.9150 GBP

1p ordinary

Purchase

51,668

13.0000 GBP

1p ordinary

Purchase

47,837

12.9034 GBP

1p ordinary

Purchase

40,019

12.9649 GBP

1p ordinary

Purchase

35,800

12.9295 GBP

1p ordinary

Purchase

25,444

12.9362 GBP

1p ordinary

Purchase

19,479

12.9347 GBP

1p ordinary

Purchase

19,216

12.9433 GBP

1p ordinary

Purchase

17,147

12.9544 GBP

1p ordinary

Purchase

14,000

12.9200 GBP

1p ordinary

Purchase

11,994

12.9400 GBP

1p ordinary

Purchase

7,987

12.9504 GBP

1p ordinary

Purchase

7,969

12.9447 GBP

1p ordinary

Purchase

6,887

12.9242 GBP

1p ordinary

Purchase

6,864

12.9800 GBP

1p ordinary

Purchase

6,764

12.9322 GBP

1p ordinary

Purchase

5,999

12.8707 GBP

1p ordinary

Purchase

5,489

12.9367 GBP

1p ordinary

Purchase

4,169

12.9546 GBP

1p ordinary

Purchase

3,037

12.9495 GBP

1p ordinary

Purchase

2,925

12.9327 GBP

1p ordinary

Purchase

2,042

12.9598 GBP

1p ordinary

Purchase

1,891

12.9600 GBP

1p ordinary

Purchase

1,831

12.9609 GBP

1p ordinary

Purchase

1,721

12.8671 GBP

1p ordinary

Purchase

1,626

12.8773 GBP

1p ordinary

Purchase

1,552

12.9899 GBP

1p ordinary

Purchase

802

12.9503 GBP

1p ordinary

Purchase

692

12.9138 GBP

1p ordinary

Purchase

647

12.9559 GBP

1p ordinary

Purchase

646

12.9375 GBP

1p ordinary

Purchase

631

12.9100 GBP

1p ordinary

Purchase

470

12.8600 GBP

1p ordinary

Purchase

315

12.8515 GBP

1p ordinary

Purchase

252

12.8800 GBP

1p ordinary

Purchase

236

12.9687 GBP

1p ordinary

Purchase

224

12.9700 GBP

1p ordinary

Purchase

216

12.9900 GBP

1p ordinary

Purchase

160

12.9612 GBP

1p ordinary

Purchase

97

12.9577 GBP

1p ordinary

Purchase

94

12.9543 GBP

1p ordinary

Purchase

49

12.9993 GBP

1p ordinary

Sale

160,347

12.9888 GBP

1p ordinary

Sale

147,875

12.9238 GBP

1p ordinary

Sale

132,432

12.9375 GBP

1p ordinary

Sale

131,666

12.9206 GBP

1p ordinary

Sale

105,211

12.9522 GBP

1p ordinary

Sale

101,808

12.8800 GBP

1p ordinary

Sale

97,159

12.9369 GBP

1p ordinary

Sale

74,994

12.9391 GBP

1p ordinary

Sale

53,310

12.9628 GBP

1p ordinary

Sale

45,460

13.0000 GBP

1p ordinary

Sale

33,857

12.8672 GBP

1p ordinary

Sale

25,000

12.9574 GBP

1p ordinary

Sale

16,427

12.9520 GBP

1p ordinary

Sale

15,399

12.9473 GBP

1p ordinary

Sale

14,439

12.9800 GBP

1p ordinary

Sale

13,588

12.8973 GBP

1p ordinary

Sale

12,144

12.9334 GBP

1p ordinary

Sale

10,829

12.9051 GBP

1p ordinary

Sale

10,345

12.9448 GBP

1p ordinary

Sale

8,619

12.9330 GBP

1p ordinary

Sale

8,014

12.9600 GBP

1p ordinary

Sale

7,854

12.9596 GBP

1p ordinary

Sale

7,378

12.9617 GBP

1p ordinary

Sale

4,406

12.9931 GBP

1p ordinary

Sale

4,000

12.9808 GBP

1p ordinary

Sale

3,517

12.8643 GBP

1p ordinary

Sale

3,280

12.9351 GBP

1p ordinary

Sale

3,025

12.9400 GBP

1p ordinary

Sale

2,962

12.9203 GBP

1p ordinary

Sale

2,900

12.9441 GBP

1p ordinary

Sale

2,328

12.9303 GBP

1p ordinary

Sale

2,162

12.9155 GBP

1p ordinary

Sale

2,155

12.8558 GBP

1p ordinary

Sale

2,118

12.9486 GBP

1p ordinary

Sale

2,044

12.9549 GBP

1p ordinary

Sale

1,954

12.9981 GBP

1p ordinary

Sale

1,864

12.9300 GBP

1p ordinary

Sale

1,798

12.9517 GBP

1p ordinary

Sale

1,389

12.9406 GBP

1p ordinary

Sale

1,134

12.9700 GBP

1p ordinary

Sale

1,088

12.9211 GBP

1p ordinary

Sale

965

12.9392 GBP

1p ordinary

Sale

830

12.8724 GBP

1p ordinary

Sale

762

12.9529 GBP

1p ordinary

Sale

499

12.9477 GBP

1p ordinary

Sale

469

12.9437 GBP

1p ordinary

Sale

461

12.8890 GBP

1p ordinary

Sale

351

12.9591 GBP

1p ordinary

Sale

216

12.9900 GBP

1p ordinary

Sale

121

12.8900 GBP

1p ordinary

Sale

70

12.9998 GBP

1p ordinary

Sale

10

13.0010 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

Increasing Short

3,298

12.9473 GBP

1p ordinary

SWAP

Decreasing Short

474

12.9189 GBP

1p ordinary

SWAP

Decreasing Short

131,666

12.9206 GBP

1p ordinary

SWAP

Opening Long

147,875

12.9238 GBP

1p ordinary

SWAP

Increasing Long

25,660

12.9329 GBP

1p ordinary

SWAP

Increasing Long

13,003

12.9358 GBP

1p ordinary

SWAP

Increasing Long

132,432

12.9375 GBP

1p ordinary

SWAP

Increasing Long

71,499

12.9384 GBP

1p ordinary

SWAP

Increasing Long

499

12.9477 GBP

1p ordinary

SWAP

Increasing Long

25,000

12.9522 GBP

1p ordinary

SWAP

Increasing Long

25,000

12.9574 GBP

1p ordinary

SWAP

Increasing Long

21,766

12.9578 GBP

1p ordinary

SWAP

Increasing Long

351

12.9591 GBP

1p ordinary

SWAP

Increasing Long

9,399

12.9641 GBP

1p ordinary

SWAP

Increasing Long

420

12.9664 GBP

1p ordinary

SWAP

Increasing Long

167

12.9667 GBP

1p ordinary

SWAP

Increasing Long

68

12.9798 GBP

1p ordinary

SWAP

Increasing Long

9,775

12.9911 GBP

1p ordinary

SWAP

Increasing Long

4,406

12.9931 GBP

1p ordinary

SWAP

Increasing Long

1,954

12.9980 GBP

1p ordinary

SWAP

Increasing Long

8,390

12.9993 GBP

1p ordinary

SWAP

Increasing Long

70

12.9998 GBP

1p ordinary

SWAP

Increasing Long

151,220

13.0000 GBP

1p ordinary

SWAP

Decreasing Long

470

12.8600 GBP

1p ordinary

SWAP

Decreasing Long

54,365

12.9150 GBP

1p ordinary

SWAP

Decreasing Long

980

12.9249 GBP

1p ordinary

SWAP

Decreasing Long

1,530

12.9251 GBP

1p ordinary

SWAP

Decreasing Long

2,677

12.9306 GBP

1p ordinary

SWAP

Decreasing Long

6,764

12.9322 GBP

1p ordinary

SWAP

Decreasing Long

423

12.9332 GBP

1p ordinary

SWAP

Decreasing Long

1,073

12.9377 GBP

1p ordinary

SWAP

Decreasing Long

12,577

12.9387 GBP

1p ordinary

SWAP

Decreasing Long

266

12.9405 GBP

1p ordinary

SWAP

Decreasing Long

107,330

12.9533 GBP

1p ordinary

SWAP

Decreasing Long

647

12.9559 GBP

1p ordinary

SWAP

Decreasing Long

12,211

12.9568 GBP

1p ordinary

SWAP

Decreasing Long

51

12.9600 GBP

1p ordinary

SWAP

Decreasing Long

109

12.9601 GBP

1p ordinary

SWAP

Decreasing Long

1,831

12.9609 GBP

1p ordinary

SWAP

Decreasing Long

25,927

13.0000 GBP

1p ordinary

CFD

Increasing Long

27,242

12.9170 GBP

1p ordinary

CFD

Increasing Long

7,854

12.9596 GBP

1p ordinary

CFD

Increasing Long

235

12.9788 GBP

1p ordinary

CFD

Increasing Long

7,854

12.9796 GBP

1p ordinary

CFD

Decreasing Long

9,661

12.8715 GBP

1p ordinary

CFD

Decreasing Long

29,145

12.8792 GBP

1p ordinary

CFD

Decreasing Long

229

12.9620 GBP

1p ordinary

CFD

Decreasing Long

235

13.0011 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:

11 Nov 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213