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:

23 Sep 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:

319,614

0.19%

2,654,474

1.54%

(2)

Cash-settled derivatives:

2,525,217

1.47%

309,935

0.18%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

2,844,831

1.65%

2,964,409

1.72%

(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

47,193

12.8079 GBP

1p ordinary

Purchase

28,847

12.9253 GBP

1p ordinary

Purchase

27,580

12.8000 GBP

1p ordinary

Purchase

27,311

12.9977 GBP

1p ordinary

Purchase

25,000

12.9038 GBP

1p ordinary

Purchase

8,837

12.9980 GBP

1p ordinary

Purchase

6,628

12.9924 GBP

1p ordinary

Purchase

5,948

12.9969 GBP

1p ordinary

Purchase

5,498

13.0382 GBP

1p ordinary

Purchase

2,400

12.8069 GBP

1p ordinary

Purchase

2,367

12.9364 GBP

1p ordinary

Purchase

1,612

13.0000 GBP

1p ordinary

Purchase

1,435

13.0136 GBP

1p ordinary

Purchase

1,132

12.9507 GBP

1p ordinary

Purchase

1,089

12.9563 GBP

1p ordinary

Purchase

778

12.9513 GBP

1p ordinary

Purchase

541

12.9868 GBP

1p ordinary

Purchase

461

12.9200 GBP

1p ordinary

Purchase

445

12.9400 GBP

1p ordinary

Purchase

404

12.9600 GBP

1p ordinary

Purchase

391

12.9514 GBP

1p ordinary

Purchase

346

13.0052 GBP

1p ordinary

Purchase

309

12.9993 GBP

1p ordinary

Purchase

289

12.8841 GBP

1p ordinary

Purchase

287

12.8800 GBP

1p ordinary

Purchase

285

12.9243 GBP

1p ordinary

Purchase

198

12.8500 GBP

1p ordinary

Purchase

184

12.9673 GBP

1p ordinary

Purchase

180

13.0400 GBP

1p ordinary

Purchase

171

12.8600 GBP

1p ordinary

Purchase

103

13.0200 GBP

1p ordinary

Purchase

8

12.8137 GBP

1p ordinary

Sale

70,099

12.8000 GBP

1p ordinary

Sale

21,419

12.8709 GBP

1p ordinary

Sale

15,873

12.8841 GBP

1p ordinary

Sale

12,000

12.9109 GBP

1p ordinary

Sale

3,581

12.9166 GBP

1p ordinary

Sale

2,813

12.9053 GBP

1p ordinary

Sale

1,301

12.9940 GBP

1p ordinary

Sale

1,300

12.9500 GBP

1p ordinary

Sale

899

12.9966 GBP

1p ordinary

Sale

729

12.9600 GBP

1p ordinary

Sale

616

13.0000 GBP

1p ordinary

Sale

569

12.9610 GBP

1p ordinary

Sale

287

12.8800 GBP

1p ordinary

Sale

211

13.0350 GBP

1p ordinary

Sale

192

12.9791 GBP

1p ordinary

Sale

192

12.9993 GBP

1p ordinary

Sale

42

12.9999 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

Opening Short

3,784

12.9159 GBP

1p ordinary

SWAP

Increasing Long

25,135

12.8000 GBP

1p ordinary

SWAP

Increasing Long

12,790

12.8602 GBP

1p ordinary

SWAP

Increasing Long

21,419

12.8709 GBP

1p ordinary

SWAP

Increasing Long

23

12.8817 GBP

1p ordinary

SWAP

Increasing Long

66

12.8939 GBP

1p ordinary

SWAP

Increasing Long

3,581

12.9166 GBP

1p ordinary

SWAP

Increasing Long

2,672

12.9339 GBP

1p ordinary

SWAP

Increasing Long

569

12.9610 GBP

1p ordinary

SWAP

Increasing Long

1,040

12.9939 GBP

1p ordinary

SWAP

Increasing Long

261

12.9942 GBP

1p ordinary

SWAP

Increasing Long

899

12.9966 GBP

1p ordinary

SWAP

Increasing Long

42

12.9999 GBP

1p ordinary

SWAP

Decreasing Long

4,247

12.8000 GBP

1p ordinary

SWAP

Decreasing Long

24,822

12.8006 GBP

1p ordinary

SWAP

Decreasing Long

7,662

12.8050 GBP

1p ordinary

SWAP

Decreasing Long

2,400

12.8069 GBP

1p ordinary

SWAP

Decreasing Long

25,000

12.9038 GBP

1p ordinary

SWAP

Decreasing Long

184

12.9673 GBP

1p ordinary

SWAP

Decreasing Long

2,188

12.9688 GBP

1p ordinary

SWAP

Decreasing Long

2,423

12.9876 GBP

1p ordinary

SWAP

Decreasing Long

10,977

12.9912 GBP

1p ordinary

SWAP

Decreasing Long

1,511

12.9962 GBP

1p ordinary

SWAP

Decreasing Long

601

12.9963 GBP

1p ordinary

SWAP

Decreasing Long

3,222

12.9965 GBP

1p ordinary

SWAP

Decreasing Long

23,817

12.9969 GBP

1p ordinary

SWAP

Decreasing Long

8,837

12.9980 GBP

1p ordinary

SWAP

Decreasing Long

9,442

12.9992 GBP

1p ordinary

SWAP

Decreasing Long

500

13.0000 GBP

1p ordinary

SWAP

Decreasing Long

5,828

13.0054 GBP

1p ordinary

SWAP

Decreasing Long

475

13.0127 GBP

1p ordinary

SWAP

Decreasing Long

5,498

13.0382 GBP

1p ordinary

SWAP

Decreasing Long

180

13.0400 GBP

1p ordinary

CFD

Increasing Long

2,318

12.9340 GBP

1p ordinary

CFD

Increasing Long

95

12.9400 GBP

1p ordinary

CFD

Increasing Long

192

12.9791 GBP

1p ordinary

CFD

Increasing Long

3,366

12.9807 GBP

1p ordinary

CFD

Decreasing Long

192

12.8000 GBP

1p ordinary

CFD

Decreasing Long

95

12.9400 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:

24 Sep 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213