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:

09 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:

USD 0.01 ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

12,554,432

1.16%

84,753

0.01%

(2)

Cash-settled derivatives:

4,922

0.00%

12,419,757

1.15%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

12,559,354

1.16%

12,504,510

1.16%

(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

357,349

3.0639 GBP

USD 0.01 ordinary

Purchase

172,647

3.0700 GBP

USD 0.01 ordinary

Purchase

123,902

3.0600 GBP

USD 0.01 ordinary

Purchase

50,502

3.0607 GBP

USD 0.01 ordinary

Purchase

12,115

3.0675 GBP

USD 0.01 ordinary

Purchase

7,712

3.0599 GBP

USD 0.01 ordinary

Purchase

7,703

3.0567 GBP

USD 0.01 ordinary

Purchase

7,107

3.0650 GBP

USD 0.01 ordinary

Purchase

4,705

3.0671 GBP

USD 0.01 ordinary

Purchase

3,615

3.0601 GBP

USD 0.01 ordinary

Purchase

2,574

3.0642 GBP

USD 0.01 ordinary

Purchase

813

3.0649 GBP

USD 0.01 ordinary

Purchase

512

3.0744 GBP

USD 0.01 ordinary

Purchase

329

3.0572 GBP

USD 0.01 ordinary

Purchase

174

3.0606 GBP

USD 0.01 ordinary

Purchase

53

3.0689 GBP

USD 0.01 ordinary

Sale

346,281

3.0700 GBP

USD 0.01 ordinary

Sale

121,810

3.0600 GBP

USD 0.01 ordinary

Sale

36,432

3.0620 GBP

USD 0.01 ordinary

Sale

18,681

3.0639 GBP

USD 0.01 ordinary

Sale

9,283

3.0675 GBP

USD 0.01 ordinary

Sale

8,695

3.0688 GBP

USD 0.01 ordinary

Sale

5,393

3.0687 GBP

USD 0.01 ordinary

Sale

1,141

3.0650 GBP

USD 0.01 ordinary

Sale

1,078

3.0625 GBP

USD 0.01 ordinary

Sale

301

3.0699 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

36,432

3.0620 GBP

USD 0.01 ordinary

SWAP

Decreasing Short

1,078

3.0625 GBP

USD 0.01 ordinary

SWAP

Decreasing Short

1,101

3.0634 GBP

USD 0.01 ordinary

SWAP

Decreasing Short

18,681

3.0639 GBP

USD 0.01 ordinary

SWAP

Decreasing Short

301

3.0699 GBP

USD 0.01 ordinary

SWAP

Decreasing Short

4,632

3.0700 GBP

USD 0.01 ordinary

SWAP

Increasing Short

47,895

3.0600 GBP

USD 0.01 ordinary

SWAP

Increasing Short

2

3.0625 GBP

USD 0.01 ordinary

SWAP

Increasing Short

8

3.0637 GBP

USD 0.01 ordinary

SWAP

Increasing Short

10,638

3.0638 GBP

USD 0.01 ordinary

SWAP

Increasing Short

23

3.0645 GBP

USD 0.01 ordinary

SWAP

Increasing Short

7,499

3.0650 GBP

USD 0.01 ordinary

SWAP

Increasing Short

108,043

3.0660 GBP

USD 0.01 ordinary

SWAP

Increasing Short

53

3.0689 GBP

USD 0.01 ordinary

SWAP

Increasing Short

93,351

3.0700 GBP

USD 0.01 ordinary

CFD

Decreasing Short

655

3.0647 GBP

USD 0.01 ordinary

CFD

Decreasing Short

1,582

3.0658 GBP

USD 0.01 ordinary

CFD

Increasing Short

5,361

3.0646 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 Oct 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213