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:

17 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:

12,381,568

1.14%

96,318

0.01%

(2)

Cash-settled derivatives:

15,223

0.00%

12,376,258

1.14%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

12,396,791

1.15%

12,472,576

1.15%

(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

195,953

3.0500 GBP

USD 0.01 ordinary

Purchase

77,308

3.0490 GBP

USD 0.01 ordinary

Purchase

72,856

3.0459 GBP

USD 0.01 ordinary

Purchase

60,863

3.0396 GBP

USD 0.01 ordinary

Purchase

33,500

3.0497 GBP

USD 0.01 ordinary

Purchase

30,986

3.0441 GBP

USD 0.01 ordinary

Purchase

24,052

3.0402 GBP

USD 0.01 ordinary

Purchase

20,414

3.0085 GBP

USD 0.01 ordinary

Purchase

10,706

3.0493 GBP

USD 0.01 ordinary

Purchase

9,058

3.0450 GBP

USD 0.01 ordinary

Purchase

8,300

3.0375 GBP

USD 0.01 ordinary

Purchase

6,521

3.0425 GBP

USD 0.01 ordinary

Purchase

4,406

3.0498 GBP

USD 0.01 ordinary

Purchase

4,400

3.0433 GBP

USD 0.01 ordinary

Purchase

1,890

3.0388 GBP

USD 0.01 ordinary

Purchase

1,240

3.0475 GBP

USD 0.01 ordinary

Purchase

655

3.0480 GBP

USD 0.01 ordinary

Purchase

176

3.0371 GBP

USD 0.01 ordinary

Purchase

64

3.0550 GBP

USD 0.01 ordinary

Purchase

1

3.0400 GBP

USD 0.01 ordinary

Sale

311,428

3.0500 GBP

USD 0.01 ordinary

Sale

134,105

3.0493 GBP

USD 0.01 ordinary

Sale

133,505

3.0501 GBP

USD 0.01 ordinary

Sale

58,255

3.0473 GBP

USD 0.01 ordinary

Sale

47,178

3.0444 GBP

USD 0.01 ordinary

Sale

34,597

3.0499 GBP

USD 0.01 ordinary

Sale

30,126

3.0479 GBP

USD 0.01 ordinary

Sale

28,220

3.0475 GBP

USD 0.01 ordinary

Sale

23,658

3.0487 GBP

USD 0.01 ordinary

Sale

20,437

3.0451 GBP

USD 0.01 ordinary

Sale

16,887

3.0432 GBP

USD 0.01 ordinary

Sale

13,199

3.0492 GBP

USD 0.01 ordinary

Sale

10,986

3.0441 GBP

USD 0.01 ordinary

Sale

2,389

3.0431 GBP

USD 0.01 ordinary

Sale

1,201

3.0400 GBP

USD 0.01 ordinary

Sale

740

3.0425 GBP

USD 0.01 ordinary

Sale

385

3.0349 GBP

USD 0.01 ordinary

Sale

176

3.0375 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

4,731

3.0303 GBP

USD 0.01 ordinary

SWAP

Decreasing Short

385

3.0349 GBP

USD 0.01 ordinary

SWAP

Decreasing Short

61,575

3.0473 GBP

USD 0.01 ordinary

SWAP

Decreasing Short

28,220

3.0475 GBP

USD 0.01 ordinary

SWAP

Decreasing Short

30,126

3.0479 GBP

USD 0.01 ordinary

SWAP

Decreasing Short

18,095

3.0487 GBP

USD 0.01 ordinary

SWAP

Decreasing Short

491

3.0493 GBP

USD 0.01 ordinary

SWAP

Decreasing Short

746

3.0498 GBP

USD 0.01 ordinary

SWAP

Decreasing Short

34,597

3.0499 GBP

USD 0.01 ordinary

SWAP

Decreasing Short

207,275

3.0500 GBP

USD 0.01 ordinary

SWAP

Increasing Short

269

3.0000 GBP

USD 0.01 ordinary

SWAP

Increasing Short

6,521

3.0425 GBP

USD 0.01 ordinary

SWAP

Increasing Short

11,010

3.0457 GBP

USD 0.01 ordinary

SWAP

Increasing Short

53,197

3.0466 GBP

USD 0.01 ordinary

SWAP

Increasing Short

10,954

3.0493 GBP

USD 0.01 ordinary

SWAP

Increasing Short

100

3.0494 GBP

USD 0.01 ordinary

CFD

Decreasing Short

47,178

3.0444 GBP

USD 0.01 ordinary

CFD

Decreasing Short

21,287

3.0500 GBP

USD 0.01 ordinary

CFD

Decreasing Short

133,505

3.0501 GBP

USD 0.01 ordinary

CFD

Increasing Short

20,414

3.0085 GBP

USD 0.01 ordinary

CFD

Increasing Short

60,863

3.0396 GBP

USD 0.01 ordinary

CFD

Increasing Short

1

3.0400 GBP

USD 0.01 ordinary

CFD

Increasing Short

24,052

3.0402 GBP

USD 0.01 ordinary

CFD

Increasing Short

10,986

3.0441 GBP

USD 0.01 ordinary

CFD

Increasing Short

6,452

3.0450 GBP

USD 0.01 ordinary

CFD

Increasing Short

1,240

3.0475 GBP

USD 0.01 ordinary

CFD

Increasing Short

655

3.0480 GBP

USD 0.01 ordinary

CFD

Increasing Short

77,308

3.0490 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:

20 Oct 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213