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 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:

1,309,904

0.76%

1,603,372

0.93%

(2)

Cash-settled derivatives:

1,455,807

0.85%

446,052

0.26%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

2,765,711

1.61%

2,049,424

1.19%

(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

120,620

13.6600 GBP

1p ordinary

Purchase

16,697

13.6196 GBP

1p ordinary

Purchase

16,388

13.6532 GBP

1p ordinary

Purchase

16,293

13.6601 GBP

1p ordinary

Purchase

8,937

13.4400 GBP

1p ordinary

Purchase

6,811

13.6009 GBP

1p ordinary

Purchase

3,807

13.6210 GBP

1p ordinary

Purchase

2,536

13.6620 GBP

1p ordinary

Purchase

2,469

13.6085 GBP

1p ordinary

Purchase

2,299

13.6260 GBP

1p ordinary

Purchase

1,166

13.6216 GBP

1p ordinary

Purchase

1,107

13.6273 GBP

1p ordinary

Purchase

1,092

13.5949 GBP

1p ordinary

Purchase

1,045

13.5885 GBP

1p ordinary

Purchase

829

13.6057 GBP

1p ordinary

Purchase

823

13.6200 GBP

1p ordinary

Purchase

689

13.5780 GBP

1p ordinary

Purchase

668

13.5472 GBP

1p ordinary

Purchase

615

13.5721 GBP

1p ordinary

Purchase

576

13.6000 GBP

1p ordinary

Purchase

487

13.5455 GBP

1p ordinary

Purchase

454

13.5600 GBP

1p ordinary

Purchase

419

13.5800 GBP

1p ordinary

Purchase

404

13.6606 GBP

1p ordinary

Purchase

216

13.5400 GBP

1p ordinary

Sale

67,763

13.6600 GBP

1p ordinary

Sale

36,353

13.4965 GBP

1p ordinary

Sale

26,786

13.6594 GBP

1p ordinary

Sale

25,000

13.5904 GBP

1p ordinary

Sale

10,418

13.6184 GBP

1p ordinary

Sale

10,362

13.5264 GBP

1p ordinary

Sale

9,600

13.5932 GBP

1p ordinary

Sale

5,083

13.6460 GBP

1p ordinary

Sale

4,303

13.6161 GBP

1p ordinary

Sale

4,008

13.5521 GBP

1p ordinary

Sale

3,565

13.6579 GBP

1p ordinary

Sale

485

13.6530 GBP

1p ordinary

Sale

456

13.5600 GBP

1p ordinary

Sale

424

13.5504 GBP

1p ordinary

Sale

227

13.6000 GBP

1p ordinary

Sale

145

13.4700 GBP

1p ordinary

Sale

71

13.5636 GBP

1p ordinary

Sale

53

13.5800 GBP

1p ordinary

Sale

49

13.6200 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

2,569

13.6075 GBP

1p ordinary

SWAP

Increasing Long

36,353

13.4965 GBP

1p ordinary

SWAP

Increasing Long

9,721

13.5190 GBP

1p ordinary

SWAP

Increasing Long

424

13.5504 GBP

1p ordinary

SWAP

Increasing Long

4,008

13.5521 GBP

1p ordinary

SWAP

Increasing Long

53

13.5800 GBP

1p ordinary

SWAP

Increasing Long

398

13.5892 GBP

1p ordinary

SWAP

Increasing Long

25,000

13.5904 GBP

1p ordinary

SWAP

Increasing Long

9,600

13.5932 GBP

1p ordinary

SWAP

Increasing Long

10,418

13.6184 GBP

1p ordinary

SWAP

Increasing Long

641

13.6384 GBP

1p ordinary

SWAP

Increasing Long

3,565

13.6579 GBP

1p ordinary

SWAP

Increasing Long

2,164

13.6593 GBP

1p ordinary

SWAP

Increasing Long

2,870

13.6600 GBP

1p ordinary

SWAP

Decreasing Long

8,937

13.4400 GBP

1p ordinary

SWAP

Decreasing Long

487

13.5455 GBP

1p ordinary

SWAP

Decreasing Long

454

13.5600 GBP

1p ordinary

SWAP

Decreasing Long

1,112

13.5770 GBP

1p ordinary

SWAP

Decreasing Long

1,801

13.5771 GBP

1p ordinary

SWAP

Decreasing Long

174

13.5794 GBP

1p ordinary

SWAP

Decreasing Long

273

13.5801 GBP

1p ordinary

SWAP

Decreasing Long

774

13.5859 GBP

1p ordinary

SWAP

Decreasing Long

408

13.5867 GBP

1p ordinary

SWAP

Decreasing Long

26

13.5992 GBP

1p ordinary

SWAP

Decreasing Long

6,811

13.6009 GBP

1p ordinary

SWAP

Decreasing Long

9

13.6200 GBP

1p ordinary

SWAP

Decreasing Long

1,107

13.6273 GBP

1p ordinary

SWAP

Decreasing Long

2,026

13.6322 GBP

1p ordinary

SWAP

Decreasing Long

13,386

13.6358 GBP

1p ordinary

SWAP

Decreasing Long

6,002

13.6596 GBP

1p ordinary

SWAP

Decreasing Long

40,482

13.6600 GBP

1p ordinary

SWAP

Decreasing Long

16,293

13.6601 GBP

1p ordinary

SWAP

Decreasing Long

404

13.6606 GBP

1p ordinary

SWAP

Decreasing Long

2,536

13.6620 GBP

1p ordinary

CFD

Increasing Long

685

13.6373 GBP

1p ordinary

CFD

Decreasing Long

420

13.5936 GBP

1p ordinary

CFD

Decreasing Long

2,666

13.6139 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 Oct 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213