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:

27 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:

1,233,947

0.72%

1,485,104

0.86%

(2)

Cash-settled derivatives:

1,334,129

0.78%

522,003

0.30%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

2,568,076

1.49%

2,007,107

1.17%

(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

28,614

13.3440 GBP

1p ordinary

Purchase

26,862

13.1879 GBP

1p ordinary

Purchase

17,918

13.1390 GBP

1p ordinary

Purchase

16,726

13.1482 GBP

1p ordinary

Purchase

16,089

13.1767 GBP

1p ordinary

Purchase

3,212

13.2082 GBP

1p ordinary

Purchase

3,149

13.1400 GBP

1p ordinary

Purchase

3,118

13.2200 GBP

1p ordinary

Purchase

2,814

13.2462 GBP

1p ordinary

Purchase

1,839

13.1989 GBP

1p ordinary

Purchase

1,368

13.2000 GBP

1p ordinary

Purchase

1,287

13.1560 GBP

1p ordinary

Purchase

1,046

13.1800 GBP

1p ordinary

Purchase

1,023

13.1929 GBP

1p ordinary

Purchase

1,018

13.1888 GBP

1p ordinary

Purchase

1,006

13.1964 GBP

1p ordinary

Purchase

708

13.2035 GBP

1p ordinary

Purchase

645

13.2195 GBP

1p ordinary

Purchase

594

13.2262 GBP

1p ordinary

Purchase

560

13.1419 GBP

1p ordinary

Purchase

429

13.2510 GBP

1p ordinary

Purchase

298

13.2596 GBP

1p ordinary

Purchase

272

13.1996 GBP

1p ordinary

Purchase

244

13.2023 GBP

1p ordinary

Purchase

154

13.2186 GBP

1p ordinary

Purchase

37

13.1900 GBP

1p ordinary

Purchase

28

13.2400 GBP

1p ordinary

Purchase

2

13.1600 GBP

1p ordinary

Sale

154,115

13.3400 GBP

1p ordinary

Sale

22,996

13.2498 GBP

1p ordinary

Sale

20,857

13.1500 GBP

1p ordinary

Sale

8,420

13.1400 GBP

1p ordinary

Sale

8,218

13.1630 GBP

1p ordinary

Sale

3,385

13.1999 GBP

1p ordinary

Sale

2,324

13.1471 GBP

1p ordinary

Sale

1,445

13.1399 GBP

1p ordinary

Sale

1,213

13.3001 GBP

1p ordinary

Sale

843

13.3062 GBP

1p ordinary

Sale

400

13.2983 GBP

1p ordinary

Sale

367

13.2194 GBP

1p ordinary

Sale

335

13.1800 GBP

1p ordinary

Sale

273

13.2000 GBP

1p ordinary

Sale

154

13.2200 GBP

1p ordinary

Sale

149

13.2548 GBP

1p ordinary

Sale

2

13.1600 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

2,513

13.1921 GBP

1p ordinary

SWAP

Increasing Long

1,445

13.1399 GBP

1p ordinary

SWAP

Increasing Long

334

13.1800 GBP

1p ordinary

SWAP

Increasing Long

414

13.1914 GBP

1p ordinary

SWAP

Increasing Long

3,385

13.1999 GBP

1p ordinary

SWAP

Increasing Long

22,582

13.2508 GBP

1p ordinary

SWAP

Increasing Long

508

13.2589 GBP

1p ordinary

SWAP

Increasing Long

400

13.2983 GBP

1p ordinary

SWAP

Increasing Long

1,213

13.3001 GBP

1p ordinary

SWAP

Increasing Long

495

13.3400 GBP

1p ordinary

SWAP

Decreasing Long

1,477

13.1400 GBP

1p ordinary

SWAP

Decreasing Long

3,807

13.1412 GBP

1p ordinary

SWAP

Decreasing Long

560

13.1419 GBP

1p ordinary

SWAP

Decreasing Long

6,012

13.1616 GBP

1p ordinary

SWAP

Decreasing Long

8,231

13.1675 GBP

1p ordinary

SWAP

Decreasing Long

25,000

13.1879 GBP

1p ordinary

SWAP

Decreasing Long

37

13.1900 GBP

1p ordinary

SWAP

Decreasing Long

2,800

13.1956 GBP

1p ordinary

SWAP

Decreasing Long

903

13.2000 GBP

1p ordinary

SWAP

Decreasing Long

708

13.2035 GBP

1p ordinary

SWAP

Decreasing Long

3,212

13.2082 GBP

1p ordinary

SWAP

Decreasing Long

950

13.2200 GBP

1p ordinary

SWAP

Decreasing Long

579

13.2204 GBP

1p ordinary

SWAP

Decreasing Long

169

13.2440 GBP

1p ordinary

SWAP

Decreasing Long

2,814

13.2462 GBP

1p ordinary

SWAP

Decreasing Long

1,792

13.2541 GBP

1p ordinary

SWAP

Decreasing Long

1,107

13.2542 GBP

1p ordinary

SWAP

Decreasing Long

730

13.2606 GBP

1p ordinary

SWAP

Decreasing Long

338

13.2612 GBP

1p ordinary

SWAP

Decreasing Long

28,614

13.3440 GBP

1p ordinary

CFD

Increasing Long

1,548

13.2031 GBP

1p ordinary

CFD

Decreasing Long

1

13.1400 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:

28 Oct 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213