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:

28 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:

1,232,283

0.72%

1,443,850

0.84%

(2)

Cash-settled derivatives:

1,299,949

0.76%

522,003

0.30%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

2,532,232

1.47%

1,965,853

1.14%

(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

20,762

13.0790 GBP

1p ordinary

Purchase

14,768

13.0800 GBP

1p ordinary

Purchase

13,288

13.0774 GBP

1p ordinary

Purchase

11,216

13.1200 GBP

1p ordinary

Purchase

10,180

13.1072 GBP

1p ordinary

Purchase

7,801

13.1448 GBP

1p ordinary

Purchase

6,071

13.1719 GBP

1p ordinary

Purchase

5,118

13.1436 GBP

1p ordinary

Purchase

2,946

13.1484 GBP

1p ordinary

Purchase

1,023

13.1185 GBP

1p ordinary

Purchase

410

13.0802 GBP

1p ordinary

Purchase

380

13.1001 GBP

1p ordinary

Purchase

209

13.1400 GBP

1p ordinary

Purchase

105

13.0900 GBP

1p ordinary

Purchase

33

13.1363 GBP

1p ordinary

Sale

23,071

13.0867 GBP

1p ordinary

Sale

15,000

13.0816 GBP

1p ordinary

Sale

6,589

13.0800 GBP

1p ordinary

Sale

3,894

13.1588 GBP

1p ordinary

Sale

2,019

13.1107 GBP

1p ordinary

Sale

1,997

13.1506 GBP

1p ordinary

Sale

468

13.1453 GBP

1p ordinary

Sale

414

13.1369 GBP

1p ordinary

Sale

326

13.1983 GBP

1p ordinary

Sale

301

13.1864 GBP

1p ordinary

Sale

212

13.1200 GBP

1p ordinary

Sale

209

13.1400 GBP

1p ordinary

Sale

196

13.1900 GBP

1p ordinary

Sale

24

13.1800 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

516

13.0789 GBP

1p ordinary

SWAP

Increasing Long

1,762

13.0974 GBP

1p ordinary

SWAP

Increasing Long

310

13.1051 GBP

1p ordinary

SWAP

Increasing Long

1,884

13.1101 GBP

1p ordinary

SWAP

Increasing Long

122

13.1149 GBP

1p ordinary

SWAP

Increasing Long

135

13.1199 GBP

1p ordinary

SWAP

Increasing Long

212

13.1200 GBP

1p ordinary

SWAP

Increasing Long

3,894

13.1588 GBP

1p ordinary

SWAP

Increasing Long

326

13.1983 GBP

1p ordinary

SWAP

Decreasing Long

2,637

13.0800 GBP

1p ordinary

SWAP

Decreasing Long

875

13.0805 GBP

1p ordinary

SWAP

Decreasing Long

5,629

13.0839 GBP

1p ordinary

SWAP

Decreasing Long

484

13.0978 GBP

1p ordinary

SWAP

Decreasing Long

10,970

13.1200 GBP

1p ordinary

SWAP

Decreasing Long

33

13.1363 GBP

1p ordinary

SWAP

Decreasing Long

5,118

13.1436 GBP

1p ordinary

SWAP

Decreasing Long

7,801

13.1448 GBP

1p ordinary

SWAP

Decreasing Long

2,144

13.1525 GBP

1p ordinary

SWAP

Decreasing Long

98

13.1571 GBP

1p ordinary

SWAP

Decreasing Long

1

13.1601 GBP

1p ordinary

SWAP

Decreasing Long

486

13.1638 GBP

1p ordinary

SWAP

Decreasing Long

251

13.1681 GBP

1p ordinary

SWAP

Decreasing Long

1,297

13.1692 GBP

1p ordinary

SWAP

Decreasing Long

4,774

13.1727 GBP

1p ordinary

CFD

Increasing Long

507

13.1175 GBP

1p ordinary

CFD

Decreasing Long

1,250

13.1222 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:

29 Oct 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213