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:

05 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:

1,715,291

1.00%

1,596,676

0.93%

(2)

Cash-settled derivatives:

1,453,698

0.85%

1,509,781

0.88%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

3,168,989

1.84%

3,106,457

1.81%

(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

50,000

13.0291 GBP

1p ordinary

Purchase

48,608

13.1693 GBP

1p ordinary

Purchase

38,931

13.1626 GBP

1p ordinary

Purchase

38,113

13.1800 GBP

1p ordinary

Purchase

8,388

13.1542 GBP

1p ordinary

Purchase

7,640

13.1663 GBP

1p ordinary

Purchase

6,837

13.1614 GBP

1p ordinary

Purchase

6,679

13.1348 GBP

1p ordinary

Purchase

4,397

13.0200 GBP

1p ordinary

Purchase

3,947

13.2000 GBP

1p ordinary

Purchase

3,929

13.1866 GBP

1p ordinary

Purchase

3,171

13.1302 GBP

1p ordinary

Purchase

2,400

13.0015 GBP

1p ordinary

Purchase

1,310

13.1637 GBP

1p ordinary

Purchase

1,158

12.9741 GBP

1p ordinary

Purchase

877

13.0745 GBP

1p ordinary

Purchase

767

13.1681 GBP

1p ordinary

Purchase

617

13.0426 GBP

1p ordinary

Purchase

554

13.1478 GBP

1p ordinary

Purchase

477

13.0877 GBP

1p ordinary

Purchase

443

13.1308 GBP

1p ordinary

Purchase

426

13.1255 GBP

1p ordinary

Purchase

300

13.0800 GBP

1p ordinary

Purchase

185

13.1000 GBP

1p ordinary

Purchase

10

13.2196 GBP

1p ordinary

Purchase

10

13.2200 GBP

1p ordinary

Purchase

2

13.1600 GBP

1p ordinary

Sale

60,935

13.1800 GBP

1p ordinary

Sale

41,186

13.0199 GBP

1p ordinary

Sale

6,440

13.0826 GBP

1p ordinary

Sale

5,307

13.0976 GBP

1p ordinary

Sale

4,813

13.0713 GBP

1p ordinary

Sale

3,461

13.0792 GBP

1p ordinary

Sale

2,730

13.0962 GBP

1p ordinary

Sale

2,240

13.1360 GBP

1p ordinary

Sale

1,984

13.1313 GBP

1p ordinary

Sale

1,830

13.1789 GBP

1p ordinary

Sale

1,719

13.0972 GBP

1p ordinary

Sale

980

13.1413 GBP

1p ordinary

Sale

886

13.1245 GBP

1p ordinary

Sale

800

13.0509 GBP

1p ordinary

Sale

786

13.0706 GBP

1p ordinary

Sale

776

13.0540 GBP

1p ordinary

Sale

745

13.1046 GBP

1p ordinary

Sale

600

13.1709 GBP

1p ordinary

Sale

527

13.0429 GBP

1p ordinary

Sale

492

13.0400 GBP

1p ordinary

Sale

450

13.0668 GBP

1p ordinary

Sale

272

13.1555 GBP

1p ordinary

Sale

211

13.0100 GBP

1p ordinary

Sale

122

13.2000 GBP

1p ordinary

Sale

118

13.2200 GBP

1p ordinary

Sale

32

13.1400 GBP

1p ordinary

Sale

12

13.1000 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

Decreasing Short

41,186

13.0199 GBP

1p ordinary

SWAP

Decreasing Short

907

13.0400 GBP

1p ordinary

SWAP

Decreasing Short

527

13.0429 GBP

1p ordinary

SWAP

Opening Long

4,813

13.0713 GBP

1p ordinary

SWAP

Increasing Long

3,461

13.0792 GBP

1p ordinary

SWAP

Increasing Long

6,440

13.0826 GBP

1p ordinary

SWAP

Increasing Long

2,730

13.0961 GBP

1p ordinary

SWAP

Increasing Long

392

13.0989 GBP

1p ordinary

SWAP

Increasing Long

305

13.1253 GBP

1p ordinary

SWAP

Increasing Long

36

13.1600 GBP

1p ordinary

SWAP

Increasing Long

1,740

13.1697 GBP

1p ordinary

SWAP

Increasing Long

1,830

13.1789 GBP

1p ordinary

SWAP

Increasing Long

55,988

13.1800 GBP

1p ordinary

SWAP

Increasing Long

325

13.1864 GBP

1p ordinary

SWAP

Decreasing Long

4,397

13.0200 GBP

1p ordinary

SWAP

Decreasing Long

50,000

13.0291 GBP

1p ordinary

SWAP

Decreasing Long

617

13.0426 GBP

1p ordinary

SWAP

Decreasing Long

877

13.0745 GBP

1p ordinary

SWAP

Decreasing Long

185

13.1000 GBP

1p ordinary

SWAP

Decreasing Long

366

13.1003 GBP

1p ordinary

SWAP

Decreasing Long

714

13.1014 GBP

1p ordinary

SWAP

Decreasing Long

1,273

13.1043 GBP

1p ordinary

SWAP

Decreasing Long

814

13.1044 GBP

1p ordinary

SWAP

Decreasing Long

150

13.1103 GBP

1p ordinary

SWAP

Decreasing Long

5,381

13.1302 GBP

1p ordinary

SWAP

Decreasing Long

83

13.1308 GBP

1p ordinary

SWAP

Decreasing Long

35

13.1314 GBP

1p ordinary

SWAP

Decreasing Long

677

13.1420 GBP

1p ordinary

SWAP

Decreasing Long

6,288

13.1583 GBP

1p ordinary

SWAP

Opening Short

6,837

13.1614 GBP

1p ordinary

SWAP

Increasing Short

2,902

13.1659 GBP

1p ordinary

SWAP

Increasing Short

7,640

13.1663 GBP

1p ordinary

SWAP

Increasing Short

767

13.1681 GBP

1p ordinary

SWAP

Increasing Short

45,531

13.1695 GBP

1p ordinary

SWAP

Increasing Short

58,486

13.1800 GBP

1p ordinary

SWAP

Increasing Short

6,416

13.1806 GBP

1p ordinary

SWAP

Increasing Short

3,929

13.1865 GBP

1p ordinary

SWAP

Increasing Short

633

13.1869 GBP

1p ordinary

SWAP

Increasing Short

3,946

13.2013 GBP

1p ordinary

CFD

Increasing Long

46

13.1391 GBP

1p ordinary

CFD

Decreasing Long

103

13.0207 GBP

1p ordinary

CFD

Decreasing Long

1,641

13.1172 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:

06 Nov 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213