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:

22 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:

1,361,454

0.79%

1,657,218

0.96%

(2)

Cash-settled derivatives:

1,511,396

0.88%

498,384

0.29%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

2,872,850

1.67%

2,155,602

1.25%

(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

111,520

13.4400 GBP

1p ordinary

Purchase

39,556

13.4538 GBP

1p ordinary

Purchase

32,387

13.4373 GBP

1p ordinary

Purchase

25,125

13.4355 GBP

1p ordinary

Purchase

14,302

13.4750 GBP

1p ordinary

Purchase

11,790

13.4556 GBP

1p ordinary

Purchase

7,701

13.4628 GBP

1p ordinary

Purchase

3,090

13.3200 GBP

1p ordinary

Purchase

1,776

13.4420 GBP

1p ordinary

Purchase

1,491

13.4920 GBP

1p ordinary

Purchase

1,240

13.5277 GBP

1p ordinary

Purchase

1,186

13.4312 GBP

1p ordinary

Purchase

1,088

13.3996 GBP

1p ordinary

Purchase

1,065

13.4327 GBP

1p ordinary

Purchase

1,035

13.5600 GBP

1p ordinary

Purchase

808

13.5297 GBP

1p ordinary

Purchase

589

13.4549 GBP

1p ordinary

Purchase

423

13.4000 GBP

1p ordinary

Purchase

380

13.5620 GBP

1p ordinary

Purchase

380

13.5565 GBP

1p ordinary

Purchase

218

13.3000 GBP

1p ordinary

Purchase

180

13.6600 GBP

1p ordinary

Purchase

155

13.4100 GBP

1p ordinary

Purchase

119

13.6200 GBP

1p ordinary

Purchase

91

13.4401 GBP

1p ordinary

Purchase

78

13.5884 GBP

1p ordinary

Purchase

43

13.5395 GBP

1p ordinary

Purchase

43

13.5400 GBP

1p ordinary

Purchase

36

13.4200 GBP

1p ordinary

Purchase

34

13.3401 GBP

1p ordinary

Purchase

4

13.5800 GBP

1p ordinary

Sale

93,094

13.4400 GBP

1p ordinary

Sale

29,153

13.6056 GBP

1p ordinary

Sale

19,468

13.5407 GBP

1p ordinary

Sale

17,912

13.5315 GBP

1p ordinary

Sale

9,159

13.3338 GBP

1p ordinary

Sale

8,603

13.4445 GBP

1p ordinary

Sale

3,007

13.5593 GBP

1p ordinary

Sale

1,770

13.4600 GBP

1p ordinary

Sale

1,744

13.4290 GBP

1p ordinary

Sale

1,595

13.5433 GBP

1p ordinary

Sale

806

13.3400 GBP

1p ordinary

Sale

776

13.4470 GBP

1p ordinary

Sale

627

13.4786 GBP

1p ordinary

Sale

610

13.4394 GBP

1p ordinary

Sale

520

13.6000 GBP

1p ordinary

Sale

474

13.5165 GBP

1p ordinary

Sale

440

13.3561 GBP

1p ordinary

Sale

423

13.4163 GBP

1p ordinary

Sale

341

13.3800 GBP

1p ordinary

Sale

225

13.5900 GBP

1p ordinary

Sale

218

13.3000 GBP

1p ordinary

Sale

94

13.3912 GBP

1p ordinary

Sale

61

13.3593 GBP

1p ordinary

Sale

43

13.5400 GBP

1p ordinary

Sale

17

13.3388 GBP

1p ordinary

Sale

11

13.3201 GBP

1p ordinary

Sale

1

13.3600 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

2,690

13.4747 GBP

1p ordinary

SWAP

Increasing Long

8,351

13.3318 GBP

1p ordinary

SWAP

Increasing Long

179

13.3389 GBP

1p ordinary

SWAP

Increasing Long

806

13.3400 GBP

1p ordinary

SWAP

Increasing Long

808

13.3553 GBP

1p ordinary

SWAP

Increasing Long

440

13.3561 GBP

1p ordinary

SWAP

Increasing Long

15

13.3946 GBP

1p ordinary

SWAP

Increasing Long

45

13.3973 GBP

1p ordinary

SWAP

Increasing Long

710

13.4290 GBP

1p ordinary

SWAP

Increasing Long

610

13.4394 GBP

1p ordinary

SWAP

Increasing Long

776

13.4469 GBP

1p ordinary

SWAP

Increasing Long

17,912

13.5315 GBP

1p ordinary

SWAP

Increasing Long

483

13.5338 GBP

1p ordinary

SWAP

Increasing Long

19,468

13.5407 GBP

1p ordinary

SWAP

Increasing Long

29,153

13.6055 GBP

1p ordinary

SWAP

Decreasing Long

3,090

13.3200 GBP

1p ordinary

SWAP

Decreasing Long

34

13.3401 GBP

1p ordinary

SWAP

Decreasing Long

155

13.4100 GBP

1p ordinary

SWAP

Decreasing Long

1,456

13.4198 GBP

1p ordinary

SWAP

Decreasing Long

2,357

13.4199 GBP

1p ordinary

SWAP

Decreasing Long

36

13.4200 GBP

1p ordinary

SWAP

Decreasing Long

328

13.4308 GBP

1p ordinary

SWAP

Decreasing Long

839

13.4321 GBP

1p ordinary

SWAP

Decreasing Long

64,559

13.4400 GBP

1p ordinary

SWAP

Decreasing Long

91

13.4401 GBP

1p ordinary

SWAP

Decreasing Long

1,776

13.4420 GBP

1p ordinary

SWAP

Decreasing Long

600

13.4425 GBP

1p ordinary

SWAP

Decreasing Long

1,141

13.4480 GBP

1p ordinary

SWAP

Decreasing Long

38,717

13.4543 GBP

1p ordinary

SWAP

Decreasing Long

7,701

13.4628 GBP

1p ordinary

SWAP

Decreasing Long

14,302

13.4750 GBP

1p ordinary

SWAP

Decreasing Long

808

13.5297 GBP

1p ordinary

SWAP

Decreasing Long

380

13.5565 GBP

1p ordinary

SWAP

Decreasing Long

380

13.5620 GBP

1p ordinary

SWAP

Decreasing Long

119

13.6200 GBP

1p ordinary

CFD

Increasing Long

431

13.4050 GBP

1p ordinary

CFD

Decreasing Long

2,622

13.4412 GBP

1p ordinary

CFD

Decreasing Long

2,768

13.4632 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:

23 Oct 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213