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:

03 Nov 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:

2,144,650

1.25%

1,639,516

0.95%

(2)

Cash-settled derivatives:

1,495,593

0.87%

1,435,056

0.83%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

3,640,243

2.12%

3,074,572

1.79%

(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

22,992

13.0741 GBP

1p ordinary

Purchase

10,163

13.0629 GBP

1p ordinary

Purchase

7,258

13.0672 GBP

1p ordinary

Purchase

6,961

13.0650 GBP

1p ordinary

Purchase

6,904

13.0600 GBP

1p ordinary

Purchase

5,225

13.0826 GBP

1p ordinary

Purchase

3,181

13.0880 GBP

1p ordinary

Purchase

2,938

13.0838 GBP

1p ordinary

Purchase

2,231

13.0894 GBP

1p ordinary

Purchase

1,193

13.0771 GBP

1p ordinary

Purchase

803

13.0475 GBP

1p ordinary

Purchase

656

13.0541 GBP

1p ordinary

Purchase

490

13.1002 GBP

1p ordinary

Purchase

471

13.0589 GBP

1p ordinary

Purchase

314

13.0900 GBP

1p ordinary

Purchase

228

13.0800 GBP

1p ordinary

Purchase

92

13.0658 GBP

1p ordinary

Purchase

77

13.0700 GBP

1p ordinary

Sale

25,000

13.0845 GBP

1p ordinary

Sale

14,343

13.0600 GBP

1p ordinary

Sale

13,334

13.0488 GBP

1p ordinary

Sale

10,501

13.0604 GBP

1p ordinary

Sale

2,730

13.0801 GBP

1p ordinary

Sale

1,866

13.0655 GBP

1p ordinary

Sale

1,358

13.0637 GBP

1p ordinary

Sale

1,205

13.1421 GBP

1p ordinary

Sale

924

13.0744 GBP

1p ordinary

Sale

817

13.1600 GBP

1p ordinary

Sale

496

13.0850 GBP

1p ordinary

Sale

317

13.0635 GBP

1p ordinary

Sale

275

13.0822 GBP

1p ordinary

Sale

259

13.0174 GBP

1p ordinary

Sale

123

13.0700 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

2,665

13.0670 GBP

1p ordinary

SWAP

Decreasing Short

259

13.0174 GBP

1p ordinary

SWAP

Decreasing Short

317

13.0389 GBP

1p ordinary

SWAP

Decreasing Short

1,007

13.0399 GBP

1p ordinary

SWAP

Decreasing Short

12,327

13.0495 GBP

1p ordinary

SWAP

Decreasing Short

26

13.0600 GBP

1p ordinary

SWAP

Decreasing Short

3,739

13.0623 GBP

1p ordinary

SWAP

Decreasing Short

7,488

13.0634 GBP

1p ordinary

SWAP

Opening Long

123

13.0700 GBP

1p ordinary

SWAP

Increasing Long

275

13.0822 GBP

1p ordinary

SWAP

Increasing Long

1,205

13.1421 GBP

1p ordinary

SWAP

Increasing Long

817

13.1600 GBP

1p ordinary

SWAP

Decreasing Long

731

13.0531 GBP

1p ordinary

SWAP

Decreasing Long

315

13.0537 GBP

1p ordinary

SWAP

Decreasing Long

53

13.0600 GBP

1p ordinary

SWAP

Opening Short

3,039

13.0601 GBP

1p ordinary

SWAP

Increasing Short

2,378

13.0643 GBP

1p ordinary

SWAP

Increasing Short

6,961

13.0650 GBP

1p ordinary

SWAP

Increasing Short

7,258

13.0672 GBP

1p ordinary

SWAP

Increasing Short

396

13.0684 GBP

1p ordinary

SWAP

Increasing Short

109

13.0704 GBP

1p ordinary

SWAP

Increasing Short

1,493

13.0733 GBP

1p ordinary

SWAP

Increasing Short

281

13.0782 GBP

1p ordinary

SWAP

Increasing Short

577

13.0784 GBP

1p ordinary

SWAP

Increasing Short

314

13.0900 GBP

1p ordinary

CFD

Increasing Long

341

13.0396 GBP

1p ordinary

CFD

Decreasing Long

622

13.0757 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:

04 Nov 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213