Form 8.3 - PETERSHILL PARTNERS 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

PETERSHILL PARTNERS 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:

07 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:

USD 0.01 ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

11,582,736

1.07%

324,887

0.03%

(2)

Cash-settled derivatives:

230,310

0.02%

11,573,441

1.07%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

11,813,046

1.09%

11,898,328

1.10%

(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

USD 0.01 ordinary

Purchase

184,704

3.1250 GBP

USD 0.01 ordinary

Purchase

85,760

3.1349 GBP

USD 0.01 ordinary

Purchase

79,934

3.1308 GBP

USD 0.01 ordinary

Purchase

62,674

3.1257 GBP

USD 0.01 ordinary

Purchase

24,112

3.1367 GBP

USD 0.01 ordinary

Purchase

20,774

3.1307 GBP

USD 0.01 ordinary

Purchase

10,176

3.1247 GBP

USD 0.01 ordinary

Purchase

9,079

3.1353 GBP

USD 0.01 ordinary

Purchase

8,085

3.1298 GBP

USD 0.01 ordinary

Purchase

7,218

3.1310 GBP

USD 0.01 ordinary

Purchase

609

3.1350 GBP

USD 0.01 ordinary

Purchase

602

3.1500 GBP

USD 0.01 ordinary

Purchase

361

3.1450 GBP

USD 0.01 ordinary

Purchase

239

3.1400 GBP

USD 0.01 ordinary

Purchase

120

3.1300 GBP

USD 0.01 ordinary

Sale

218,630

3.1250 GBP

USD 0.01 ordinary

Sale

101,903

3.1314 GBP

USD 0.01 ordinary

Sale

100,960

3.1249 GBP

USD 0.01 ordinary

Sale

85,760

3.1349 GBP

USD 0.01 ordinary

Sale

61,618

3.1269 GBP

USD 0.01 ordinary

Sale

61,018

3.1304 GBP

USD 0.01 ordinary

Sale

35,729

3.1258 GBP

USD 0.01 ordinary

Sale

26,197

3.1262 GBP

USD 0.01 ordinary

Sale

14,721

3.1308 GBP

USD 0.01 ordinary

Sale

9,087

3.1369 GBP

USD 0.01 ordinary

Sale

7,031

3.1355 GBP

USD 0.01 ordinary

Sale

5,279

3.1361 GBP

USD 0.01 ordinary

Sale

5,075

3.1399 GBP

USD 0.01 ordinary

Sale

5,045

3.1348 GBP

USD 0.01 ordinary

Sale

3,906

3.1268 GBP

USD 0.01 ordinary

Sale

3,540

3.1350 GBP

USD 0.01 ordinary

Sale

1,672

3.1300 GBP

USD 0.01 ordinary

Sale

1,208

3.1288 GBP

USD 0.01 ordinary

Sale

602

3.1500 GBP

USD 0.01 ordinary

Sale

361

3.1450 GBP

USD 0.01 ordinary

Sale

239

3.1400 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

USD 0.01 ordinary

SWAP

Decreasing Short

100,960

3.1249 GBP

USD 0.01 ordinary

SWAP

Decreasing Short

96,050

3.1250 GBP

USD 0.01 ordinary

SWAP

Decreasing Short

40

3.1256 GBP

USD 0.01 ordinary

SWAP

Decreasing Short

35,729

3.1258 GBP

USD 0.01 ordinary

SWAP

Decreasing Short

20,879

3.1262 GBP

USD 0.01 ordinary

SWAP

Decreasing Short

15

3.1266 GBP

USD 0.01 ordinary

SWAP

Decreasing Short

1,552

3.1300 GBP

USD 0.01 ordinary

SWAP

Decreasing Short

1

3.1350 GBP

USD 0.01 ordinary

SWAP

Decreasing Short

5,075

3.1399 GBP

USD 0.01 ordinary

SWAP

Decreasing Short

3

3.1416 GBP

USD 0.01 ordinary

SWAP

Increasing Short

2,496

3.1450 GBP

USD 0.01 ordinary

CFD

Decreasing Short

55,529

3.1250 GBP

USD 0.01 ordinary

CFD

Decreasing Short

3,906

3.1267 GBP

USD 0.01 ordinary

CFD

Increasing Short

60,178

3.1250 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:

10 Nov 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213