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:

24 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:

1,328,737

0.77%

1,485,458

0.86%

(2)

Cash-settled derivatives:

1,335,232

0.78%

463,076

0.27%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

2,663,969

1.55%

1,948,534

1.13%

(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

202,982

13.6600 GBP

1p ordinary

Purchase

25,214

13.3790 GBP

1p ordinary

Purchase

23,593

13.4212 GBP

1p ordinary

Purchase

20,962

13.4681 GBP

1p ordinary

Purchase

18,023

13.3449 GBP

1p ordinary

Purchase

10,139

13.4939 GBP

1p ordinary

Purchase

9,890

13.3800 GBP

1p ordinary

Purchase

3,700

13.4401 GBP

1p ordinary

Purchase

3,363

13.3626 GBP

1p ordinary

Purchase

1,867

13.4507 GBP

1p ordinary

Purchase

1,479

13.4025 GBP

1p ordinary

Purchase

1,462

13.4649 GBP

1p ordinary

Purchase

1,448

13.5520 GBP

1p ordinary

Purchase

1,059

13.4621 GBP

1p ordinary

Purchase

906

13.4398 GBP

1p ordinary

Purchase

875

13.4009 GBP

1p ordinary

Purchase

510

13.3820 GBP

1p ordinary

Purchase

436

13.4000 GBP

1p ordinary

Purchase

419

13.5200 GBP

1p ordinary

Purchase

419

13.3707 GBP

1p ordinary

Purchase

354

13.5000 GBP

1p ordinary

Purchase

81

13.5386 GBP

1p ordinary

Purchase

67

13.3600 GBP

1p ordinary

Purchase

15

13.4600 GBP

1p ordinary

Purchase

15

13.3783 GBP

1p ordinary

Sale

39,055

13.4834 GBP

1p ordinary

Sale

35,987

13.3833 GBP

1p ordinary

Sale

27,307

13.5022 GBP

1p ordinary

Sale

24,503

13.3800 GBP

1p ordinary

Sale

16,493

13.4682 GBP

1p ordinary

Sale

11,350

13.5550 GBP

1p ordinary

Sale

10,634

13.3973 GBP

1p ordinary

Sale

9,600

13.4605 GBP

1p ordinary

Sale

7,059

13.6600 GBP

1p ordinary

Sale

2,163

13.4098 GBP

1p ordinary

Sale

1,860

13.4487 GBP

1p ordinary

Sale

1,320

13.3799 GBP

1p ordinary

Sale

1,100

13.4662 GBP

1p ordinary

Sale

997

13.4787 GBP

1p ordinary

Sale

785

13.3559 GBP

1p ordinary

Sale

758

13.4535 GBP

1p ordinary

Sale

622

13.4565 GBP

1p ordinary

Sale

363

13.4545 GBP

1p ordinary

Sale

266

13.3573 GBP

1p ordinary

Sale

225

13.5200 GBP

1p ordinary

Sale

84

13.3779 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

2,554

13.4438 GBP

1p ordinary

SWAP

Increasing Long

471

13.3389 GBP

1p ordinary

SWAP

Increasing Long

785

13.3559 GBP

1p ordinary

SWAP

Increasing Long

266

13.3573 GBP

1p ordinary

SWAP

Increasing Long

84

13.3779 GBP

1p ordinary

SWAP

Increasing Long

1,320

13.3798 GBP

1p ordinary

SWAP

Increasing Long

6,736

13.3800 GBP

1p ordinary

SWAP

Increasing Long

6,981

13.4012 GBP

1p ordinary

SWAP

Increasing Long

2,163

13.4098 GBP

1p ordinary

SWAP

Increasing Long

9,600

13.4605 GBP

1p ordinary

SWAP

Increasing Long

16,493

13.4682 GBP

1p ordinary

SWAP

Increasing Long

36,322

13.4824 GBP

1p ordinary

SWAP

Increasing Long

2,733

13.4962 GBP

1p ordinary

SWAP

Increasing Long

27,307

13.5022 GBP

1p ordinary

SWAP

Increasing Long

150

13.5200 GBP

1p ordinary

SWAP

Increasing Long

7,059

13.6600 GBP

1p ordinary

SWAP

Decreasing Long

18,023

13.3449 GBP

1p ordinary

SWAP

Decreasing Long

3,363

13.3626 GBP

1p ordinary

SWAP

Decreasing Long

419

13.3707 GBP

1p ordinary

SWAP

Decreasing Long

9,145

13.3800 GBP

1p ordinary

SWAP

Decreasing Long

510

13.3820 GBP

1p ordinary

SWAP

Decreasing Long

126

13.4352 GBP

1p ordinary

SWAP

Decreasing Long

906

13.4398 GBP

1p ordinary

SWAP

Decreasing Long

1,867

13.4507 GBP

1p ordinary

SWAP

Decreasing Long

50

13.4520 GBP

1p ordinary

SWAP

Decreasing Long

117

13.4559 GBP

1p ordinary

SWAP

Decreasing Long

703

13.4573 GBP

1p ordinary

SWAP

Decreasing Long

869

13.4587 GBP

1p ordinary

SWAP

Decreasing Long

1,409

13.4589 GBP

1p ordinary

SWAP

Decreasing Long

357

13.4597 GBP

1p ordinary

SWAP

Decreasing Long

9,949

13.4900 GBP

1p ordinary

SWAP

Decreasing Long

354

13.5000 GBP

1p ordinary

SWAP

Decreasing Long

399

13.6000 GBP

1p ordinary

SWAP

Decreasing Long

202,982

13.6600 GBP

1p ordinary

SWAP

Decreasing Long

190

13.7001 GBP

1p ordinary

CFD

Increasing Long

1,173

13.4413 GBP

1p ordinary

CFD

Decreasing Long

2,950

13.4326 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:

27 Oct 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213