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:

17 Oct 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:

1,357,730

0.79%

1,904,262

1.11%

(2)

Cash-settled derivatives:

1,756,651

1.02%

493,605

0.29%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

3,114,381

1.81%

2,397,867

1.39%

(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

288,529

13.0200 GBP

1p ordinary

Purchase

40,448

12.9600 GBP

1p ordinary

Purchase

22,692

12.9791 GBP

1p ordinary

Purchase

12,306

12.9596 GBP

1p ordinary

Purchase

11,929

12.9999 GBP

1p ordinary

Purchase

8,307

12.9764 GBP

1p ordinary

Purchase

3,392

12.9989 GBP

1p ordinary

Purchase

2,329

12.9651 GBP

1p ordinary

Purchase

1,000

13.0660 GBP

1p ordinary

Purchase

463

12.9990 GBP

1p ordinary

Purchase

395

13.0097 GBP

1p ordinary

Purchase

309

12.9917 GBP

1p ordinary

Purchase

246

12.9921 GBP

1p ordinary

Purchase

217

12.9800 GBP

1p ordinary

Purchase

185

13.0600 GBP

1p ordinary

Purchase

117

13.0676 GBP

1p ordinary

Purchase

111

13.0000 GBP

1p ordinary

Purchase

27

12.9400 GBP

1p ordinary

Sale

25,970

12.9815 GBP

1p ordinary

Sale

20,108

12.9835 GBP

1p ordinary

Sale

12,961

13.0025 GBP

1p ordinary

Sale

12,269

12.9600 GBP

1p ordinary

Sale

11,706

12.9713 GBP

1p ordinary

Sale

11,700

12.9610 GBP

1p ordinary

Sale

7,691

12.9879 GBP

1p ordinary

Sale

3,186

12.9928 GBP

1p ordinary

Sale

2,151

13.0200 GBP

1p ordinary

Sale

2,000

13.0842 GBP

1p ordinary

Sale

1,954

12.9891 GBP

1p ordinary

Sale

1,775

12.9828 GBP

1p ordinary

Sale

1,366

13.0000 GBP

1p ordinary

Sale

1,306

13.0296 GBP

1p ordinary

Sale

845

12.9796 GBP

1p ordinary

Sale

808

12.9821 GBP

1p ordinary

Sale

584

12.9984 GBP

1p ordinary

Sale

512

12.9715 GBP

1p ordinary

Sale

454

12.9400 GBP

1p ordinary

Sale

453

12.9971 GBP

1p ordinary

Sale

421

12.9758 GBP

1p ordinary

Sale

395

13.0001 GBP

1p ordinary

Sale

369

12.9800 GBP

1p ordinary

Sale

358

12.9941 GBP

1p ordinary

Sale

354

13.0203 GBP

1p ordinary

Sale

210

13.0300 GBP

1p ordinary

Sale

205

12.9658 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 Long

158

12.9546 GBP

1p ordinary

SWAP

Increasing Long

5,766

12.9593 GBP

1p ordinary

SWAP

Increasing Long

9,339

12.9600 GBP

1p ordinary

SWAP

Increasing Long

761

12.9696 GBP

1p ordinary

SWAP

Increasing Long

512

12.9715 GBP

1p ordinary

SWAP

Increasing Long

4,106

12.9746 GBP

1p ordinary

SWAP

Increasing Long

227

12.9789 GBP

1p ordinary

SWAP

Increasing Long

25,032

12.9817 GBP

1p ordinary

SWAP

Increasing Long

7,691

12.9879 GBP

1p ordinary

SWAP

Increasing Long

1,224

12.9880 GBP

1p ordinary

SWAP

Increasing Long

18

12.9955 GBP

1p ordinary

SWAP

Increasing Long

4,146

12.9976 GBP

1p ordinary

SWAP

Increasing Long

395

13.0001 GBP

1p ordinary

SWAP

Increasing Long

12,961

13.0025 GBP

1p ordinary

SWAP

Increasing Long

7,939

13.0078 GBP

1p ordinary

SWAP

Increasing Long

25

13.0398 GBP

1p ordinary

SWAP

Decreasing Long

27,566

12.9600 GBP

1p ordinary

SWAP

Decreasing Long

2,329

12.9651 GBP

1p ordinary

SWAP

Decreasing Long

3,780

12.9769 GBP

1p ordinary

SWAP

Decreasing Long

22,692

12.9791 GBP

1p ordinary

SWAP

Decreasing Long

199

12.9943 GBP

1p ordinary

SWAP

Decreasing Long

613

12.9988 GBP

1p ordinary

SWAP

Decreasing Long

3,392

12.9989 GBP

1p ordinary

SWAP

Decreasing Long

463

12.9990 GBP

1p ordinary

SWAP

Decreasing Long

1,071

13.0000 GBP

1p ordinary

SWAP

Decreasing Long

287,922

13.0200 GBP

1p ordinary

SWAP

Decreasing Long

117

13.0676 GBP

1p ordinary

SWAP

Decreasing Long

3

13.1000 GBP

1p ordinary

CFD

Increasing Long

2

13.0000 GBP

1p ordinary

CFD

Decreasing Long

686

12.9594 GBP

1p ordinary

CFD

Decreasing Long

617

12.9609 GBP

1p ordinary

CFD

Decreasing Long

2,024

12.9611 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:

20 Oct 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213