Form 8.3 TREATT 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

TREATT 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:

2p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

617,500

1.05%

241,958

0.41%

(2)

Cash-settled derivatives:

127,351

0.22%

554,579

0.94%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

744,851

1.26%

796,537

1.35%

(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

2p ordinary

Purchase

25,191

2.6461 GBP

2p ordinary

Purchase

20,002

2.6550 GBP

2p ordinary

Purchase

12,351

2.6488 GBP

2p ordinary

Purchase

5,861

2.6650 GBP

2p ordinary

Purchase

4,294

2.5592 GBP

2p ordinary

Purchase

1,937

2.5366 GBP

2p ordinary

Purchase

1,866

2.6517 GBP

2p ordinary

Purchase

1,549

2.5550 GBP

2p ordinary

Purchase

1,341

2.6669 GBP

2p ordinary

Purchase

1,274

2.6816 GBP

2p ordinary

Purchase

791

2.5100 GBP

2p ordinary

Purchase

731

2.5889 GBP

2p ordinary

Purchase

626

2.5016 GBP

2p ordinary

Purchase

625

2.5691 GBP

2p ordinary

Purchase

619

2.5325 GBP

2p ordinary

Purchase

500

2.5372 GBP

2p ordinary

Purchase

161

2.6350 GBP

2p ordinary

Purchase

18

2.6500 GBP

2p ordinary

Sale

26,166

2.5984 GBP

2p ordinary

Sale

17,000

2.6696 GBP

2p ordinary

Sale

10,000

2.6129 GBP

2p ordinary

Sale

6,756

2.6068 GBP

2p ordinary

Sale

5,250

2.6502 GBP

2p ordinary

Sale

4,702

2.5883 GBP

2p ordinary

Sale

4,470

2.5891 GBP

2p ordinary

Sale

3,299

2.6354 GBP

2p ordinary

Sale

3,291

2.6125 GBP

2p ordinary

Sale

2,609

2.5043 GBP

2p ordinary

Sale

2,500

2.6000 GBP

2p ordinary

Sale

2,259

2.5457 GBP

2p ordinary

Sale

1,984

2.5028 GBP

2p ordinary

Sale

1,794

2.5025 GBP

2p ordinary

Sale

1,688

2.6447 GBP

2p ordinary

Sale

1,549

2.5550 GBP

2p ordinary

Sale

1,459

2.6190 GBP

2p ordinary

Sale

1,300

2.5070 GBP

2p ordinary

Sale

1,182

2.5202 GBP

2p ordinary

Sale

1,000

2.5483 GBP

2p ordinary

Sale

1,000

2.5207 GBP

2p ordinary

Sale

600

2.5655 GBP

2p ordinary

Sale

400

2.5688 GBP

2p ordinary

Sale

379

2.6147 GBP

2p ordinary

Sale

200

2.5002 GBP

2p ordinary

Sale

194

2.5308 GBP

2p ordinary

Sale

138

2.6026 GBP

2p ordinary

Sale

18

2.6500 GBP

2p ordinary

Sale

3

2.5000 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

2p ordinary

SWAP

Decreasing Short

247

2.5286 GBP

2p ordinary

SWAP

Decreasing Short

153

2.5288 GBP

2p ordinary

SWAP

Decreasing Short

4,702

2.5883 GBP

2p ordinary

SWAP

Decreasing Short

59

2.6000 GBP

2p ordinary

SWAP

Decreasing Short

6,756

2.6068 GBP

2p ordinary

SWAP

Decreasing Short

1,459

2.6190 GBP

2p ordinary

SWAP

Decreasing Short

5,580

2.6355 GBP

2p ordinary

SWAP

Decreasing Short

4,820

2.6382 GBP

2p ordinary

SWAP

Decreasing Short

1,688

2.6447 GBP

2p ordinary

SWAP

Increasing Short

129

2.6350 GBP

2p ordinary

SWAP

Increasing Short

12,351

2.6488 GBP

2p ordinary

SWAP

Increasing Short

1,152

2.6501 GBP

2p ordinary

CFD

Decreasing Short

200

2.5002 GBP

2p ordinary

CFD

Decreasing Short

1,984

2.5028 GBP

2p ordinary

CFD

Decreasing Short

2,609

2.5043 GBP

2p ordinary

CFD

Decreasing Short

1,300

2.5070 GBP

2p ordinary

CFD

Decreasing Short

1,182

2.5202 GBP

2p ordinary

CFD

Decreasing Short

1,000

2.5207 GBP

2p ordinary

CFD

Decreasing Short

194

2.5308 GBP

2p ordinary

CFD

Decreasing Short

2,259

2.5457 GBP

2p ordinary

CFD

Decreasing Short

1,000

2.5483 GBP

2p ordinary

CFD

Decreasing Short

600

2.5655 GBP

2p ordinary

CFD

Decreasing Short

400

2.5689 GBP

2p ordinary

CFD

Decreasing Short

15,448

2.5742 GBP

2p ordinary

CFD

Decreasing Short

10,000

2.6129 GBP

2p ordinary

CFD

Decreasing Short

379

2.6147 GBP

2p ordinary

CFD

Decreasing Short

5,250

2.6502 GBP

2p ordinary

CFD

Increasing Short

626

2.5016 GBP

2p ordinary

CFD

Increasing Short

1,937

2.5365 GBP

2p ordinary

CFD

Increasing Short

500

2.5372 GBP

2p ordinary

CFD

Increasing Short

3,813

2.6003 GBP

2p ordinary

CFD

Increasing Short

32

2.6350 GBP

2p ordinary

CFD

Increasing Short

20,002

2.6550 GBP

2p ordinary

CFD

Increasing Short

5,292

2.6650 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