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:

31 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:

2,140,903

1.24%

1,634,398

0.95%

(2)

Cash-settled derivatives:

1,490,209

0.87%

1,430,404

0.83%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

3,631,112

2.11%

3,064,802

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

12,364

13.1079 GBP

1p ordinary

Purchase

10,000

13.1680 GBP

1p ordinary

Purchase

8,611

13.0889 GBP

1p ordinary

Purchase

7,947

13.0986 GBP

1p ordinary

Purchase

6,965

13.0428 GBP

1p ordinary

Purchase

5,503

13.1598 GBP

1p ordinary

Purchase

5,358

13.0400 GBP

1p ordinary

Purchase

4,808

13.1760 GBP

1p ordinary

Purchase

4,746

13.1000 GBP

1p ordinary

Purchase

3,210

13.0390 GBP

1p ordinary

Purchase

2,579

13.0419 GBP

1p ordinary

Purchase

2,400

13.1620 GBP

1p ordinary

Purchase

1,772

13.1400 GBP

1p ordinary

Purchase

1,457

13.1216 GBP

1p ordinary

Purchase

1,300

13.0473 GBP

1p ordinary

Purchase

1,100

13.0700 GBP

1p ordinary

Purchase

723

13.1600 GBP

1p ordinary

Purchase

565

13.1241 GBP

1p ordinary

Purchase

464

13.0706 GBP

1p ordinary

Purchase

432

13.1100 GBP

1p ordinary

Purchase

264

13.1354 GBP

1p ordinary

Purchase

239

13.1381 GBP

1p ordinary

Purchase

229

13.1466 GBP

1p ordinary

Sale

56,567

13.0881 GBP

1p ordinary

Sale

6,581

13.0952 GBP

1p ordinary

Sale

5,612

13.0400 GBP

1p ordinary

Sale

4,524

13.1886 GBP

1p ordinary

Sale

4,486

13.1387 GBP

1p ordinary

Sale

1,980

13.1035 GBP

1p ordinary

Sale

894

13.0999 GBP

1p ordinary

Sale

415

13.1468 GBP

1p ordinary

Sale

389

13.0401 GBP

1p ordinary

Sale

369

13.1425 GBP

1p ordinary

Sale

217

13.1489 GBP

1p ordinary

Sale

210

13.0600 GBP

1p ordinary

Sale

160

13.1587 GBP

1p ordinary

Sale

133

13.1129 GBP

1p ordinary

Sale

117

13.1600 GBP

1p ordinary

Sale

107

13.1200 GBP

1p ordinary

Sale

65

13.1300 GBP

1p ordinary

Sale

7

13.1800 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

2,654

13.0820 GBP

1p ordinary

SWAP

Decreasing Short

3,046

13.0393 GBP

1p ordinary

SWAP

Decreasing Short

685

13.0400 GBP

1p ordinary

SWAP

Decreasing Short

96

13.0600 GBP

1p ordinary

SWAP

Opening Long

50,151

13.0880 GBP

1p ordinary

SWAP

Increasing Long

6,416

13.0890 GBP

1p ordinary

SWAP

Increasing Long

102

13.1200 GBP

1p ordinary

SWAP

Increasing Long

4,486

13.1387 GBP

1p ordinary

SWAP

Increasing Long

511

13.1389 GBP

1p ordinary

SWAP

Increasing Long

217

13.1489 GBP

1p ordinary

SWAP

Increasing Long

2

13.2400 GBP

1p ordinary

SWAP

Decreasing Long

7,092

13.0400 GBP

1p ordinary

SWAP

Decreasing Long

2,579

13.0419 GBP

1p ordinary

SWAP

Decreasing Long

110

13.0723 GBP

1p ordinary

SWAP

Decreasing Long

42

13.0852 GBP

1p ordinary

SWAP

Decreasing Long

1,057

13.0880 GBP

1p ordinary

SWAP

Decreasing Long

7,947

13.0986 GBP

1p ordinary

SWAP

Decreasing Long

12,364

13.1079 GBP

1p ordinary

SWAP

Decreasing Long

1,629

13.1084 GBP

1p ordinary

SWAP

Decreasing Long

163

13.1091 GBP

1p ordinary

SWAP

Decreasing Long

432

13.1100 GBP

1p ordinary

SWAP

Decreasing Long

552

13.1177 GBP

1p ordinary

SWAP

Decreasing Long

293

13.1193 GBP

1p ordinary

SWAP

Decreasing Long

1,025

13.1224 GBP

1p ordinary

SWAP

Decreasing Long

631

13.1225 GBP

1p ordinary

SWAP

Decreasing Long

565

13.1241 GBP

1p ordinary

SWAP

Opening Short

1,315

13.1400 GBP

1p ordinary

SWAP

Increasing Short

1,874

13.1473 GBP

1p ordinary

SWAP

Increasing Short

5,503

13.1598 GBP

1p ordinary

SWAP

Increasing Short

514

13.1600 GBP

1p ordinary

SWAP

Increasing Short

2,400

13.1626 GBP

1p ordinary

SWAP

Increasing Short

10,000

13.1693 GBP

1p ordinary

SWAP

Increasing Short

4,808

13.1765 GBP

1p ordinary

CFD

Increasing Long

42

13.1192 GBP

1p ordinary

CFD

Decreasing Long

1,322

13.0876 GBP

1p ordinary

CFD

Decreasing Long

157

13.1807 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:

03 Nov 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213