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:

04 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:

1,651,410

0.96%

1,622,517

0.94%

(2)

Cash-settled derivatives:

1,478,793

0.86%

1,444,914

0.84%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

3,130,203

1.82%

3,067,431

1.78%

(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

67,805

13.0600 GBP

1p ordinary

Purchase

25,658

13.0627 GBP

1p ordinary

Purchase

8,701

13.0748 GBP

1p ordinary

Purchase

5,326

13.0728 GBP

1p ordinary

Purchase

3,649

13.0800 GBP

1p ordinary

Purchase

2,791

13.0712 GBP

1p ordinary

Purchase

2,432

13.0653 GBP

1p ordinary

Purchase

1,850

13.0964 GBP

1p ordinary

Purchase

1,243

13.1200 GBP

1p ordinary

Purchase

1,211

13.0763 GBP

1p ordinary

Purchase

1,155

13.0524 GBP

1p ordinary

Purchase

1,000

13.0200 GBP

1p ordinary

Purchase

920

13.0798 GBP

1p ordinary

Purchase

745

13.0831 GBP

1p ordinary

Purchase

733

13.0671 GBP

1p ordinary

Purchase

435

13.0794 GBP

1p ordinary

Purchase

68

13.0783 GBP

1p ordinary

Purchase

60

13.0596 GBP

1p ordinary

Purchase

57

13.0878 GBP

1p ordinary

Sale

502,419

13.1800 GBP

1p ordinary

Sale

25,630

13.0240 GBP

1p ordinary

Sale

15,690

13.0578 GBP

1p ordinary

Sale

15,059

13.0583 GBP

1p ordinary

Sale

14,670

13.0600 GBP

1p ordinary

Sale

9,379

13.0719 GBP

1p ordinary

Sale

6,911

13.0613 GBP

1p ordinary

Sale

5,750

13.0800 GBP

1p ordinary

Sale

1,201

13.0809 GBP

1p ordinary

Sale

942

13.0407 GBP

1p ordinary

Sale

910

13.0649 GBP

1p ordinary

Sale

905

13.0793 GBP

1p ordinary

Sale

760

13.0736 GBP

1p ordinary

Sale

735

13.0787 GBP

1p ordinary

Sale

503

13.0500 GBP

1p ordinary

Sale

225

13.0624 GBP

1p ordinary

Sale

215

13.0551 GBP

1p ordinary

Sale

108

13.0555 GBP

1p ordinary

Sale

68

13.0797 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

2,678

13.0650 GBP

1p ordinary

SWAP

Decreasing Short

3,201

12.9999 GBP

1p ordinary

SWAP

Opening Long

22,429

13.0275 GBP

1p ordinary

SWAP

Increasing Long

323

13.0389 GBP

1p ordinary

SWAP

Increasing Long

942

13.0407 GBP

1p ordinary

SWAP

Increasing Long

15,690

13.0578 GBP

1p ordinary

SWAP

Increasing Long

15,059

13.0583 GBP

1p ordinary

SWAP

Increasing Long

5,499

13.0600 GBP

1p ordinary

SWAP

Increasing Long

807

13.0670 GBP

1p ordinary

SWAP

Increasing Long

264

13.0800 GBP

1p ordinary

SWAP

Opening Short

64,131

13.0600 GBP

1p ordinary

SWAP

Increasing Short

6,000

13.0646 GBP

1p ordinary

SWAP

Increasing Short

733

13.0671 GBP

1p ordinary

SWAP

Increasing Short

133

13.0690 GBP

1p ordinary

SWAP

Increasing Short

1,936

13.0709 GBP

1p ordinary

SWAP

Increasing Short

8,424

13.0745 GBP

1p ordinary

SWAP

Increasing Short

1,897

13.0755 GBP

1p ordinary

SWAP

Increasing Short

348

13.0765 GBP

1p ordinary

SWAP

Increasing Short

750

13.0784 GBP

1p ordinary

SWAP

Increasing Short

745

13.0831 GBP

1p ordinary

SWAP

Increasing Short

277

13.0840 GBP

1p ordinary

SWAP

Increasing Short

1,850

13.0964 GBP

1p ordinary

SWAP

Increasing Short

1,011

13.1200 GBP

1p ordinary

CFD

Increasing Long

88

13.0792 GBP

1p ordinary

CFD

Decreasing Long

1

13.0600 GBP

1p ordinary

CFD

Decreasing Long

46

13.0608 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:

05 Nov 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213