Form 8.5 EPT/Non RI BODYCOTE PLC

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS

(OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Name of exempt principal trader:

BARCLAYS CAPITAL SECURITIES LTD

(b)

Name of offeror/offeree in relation to whose

BODYCOTE PLC

relevant securities this form relates:

(c)

Name of the party to the offer with which exempt

BODYCOTE PLC

principal trader is connected

(d)

Date position held/dealing undertaken:

01 Sep 2026

(e)

In addition to the company in 1(b) above, is the exempt principal

NO

trader making disclosures in respect of any other party to the offer?

2.

POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(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:

17 3/11p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

3,887,132

2.28%

342,652

0.20%

(2)

Cash-settled derivatives:

and/or controlled:

287,524

0.17%

3,875,161

2.28%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

4,174,656

2.45%

4,217,813

2.48%

(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 EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

Class of relevant

Purchase/sale

Total number of

Highest price per unit

Lowest price per unit

security

securities

paid/received

paid/received

17 3/11p ordinary

Purchase

1,888,108

9.5500 GBP

9.4900 GBP

17 3/11p ordinary

Sale

857,964

9.5550 GBP

9.4875 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

17 3/11p ordinary

SWAP

Increasing Long

1,900

9.5391 GBP

17 3/11p ordinary

SWAP

Decreasing Short

100

9.5380 GBP

17 3/11p ordinary

SWAP

Decreasing Short

14,470

9.5501 GBP

17 3/11p ordinary

SWAP

Decreasing Short

862

9.5284 GBP

17 3/11p ordinary

SWAP

Decreasing Short

462

9.5268 GBP

17 3/11p ordinary

SWAP

Decreasing Short

390

9.5267 GBP

17 3/11p ordinary

SWAP

Decreasing Short

196

9.5247 GBP

17 3/11p ordinary

SWAP

Decreasing Short

1,825

9.5285 GBP

17 3/11p ordinary

SWAP

Increasing Long

39,558

9.5500 GBP

17 3/11p ordinary

SWAP

Increasing Short

169

9.4500 GBP

17 3/11p ordinary

SWAP

Decreasing Long

4,339

9.5500 GBP

17 3/11p ordinary

SWAP

Increasing Short

2,903

9.4904 GBP

17 3/11p ordinary

SWAP

Decreasing Short

511

9.5493 GBP

17 3/11p ordinary

SWAP

Increasing Short

2,436

9.5500 GBP

17 3/11p ordinary

CFD

Decreasing Long

4,408

9.4972 GBP

17 3/11p ordinary

SWAP

Increasing Short

377

9.5472 GBP

17 3/11p ordinary

SWAP

Decreasing Short

4,300

9.5097 GBP

17 3/11p ordinary

SWAP

Increasing Short

49,333

9.5398 GBP

17 3/11p ordinary

SWAP

Opening Short

37,582

9.5500 GBP

17 3/11p ordinary

SWAP

Opening Short

250,000

9.5347 GBP

17 3/11p ordinary

SWAP

Decreasing Short

32,570

9.4597 GBP

17 3/11p ordinary

SWAP

Increasing Short

1,931

9.5375 GBP

17 3/11p ordinary

SWAP

Decreasing Short

19,436

9.5316 GBP

17 3/11p ordinary

SWAP

Decreasing Short

3,589

9.4918 GBP

17 3/11p ordinary

SWAP

Closing Short

17,339

9.5500 GBP

17 3/11p ordinary

SWAP

Opening Long

170,086

9.5500 GBP

17 3/11p ordinary

SWAP

Decreasing Short

9,918

9.5209 GBP

17 3/11p ordinary

SWAP

Increasing Short

43,420

9.5500 GBP

17 3/11p ordinary

SWAP

Decreasing Short

326

9.5500 GBP

17 3/11p ordinary

SWAP

Increasing Short

14,357

9.5431 GBP

17 3/11p ordinary

SWAP

Increasing Long

617

9.5244 GBP

17 3/11p ordinary

SWAP

Decreasing Short

11,067

9.5310 GBP

17 3/11p ordinary

SWAP

Increasing Short

25,142

9.5500 GBP

17 3/11p ordinary

SWAP

Closing Short

22,185

9.5500 GBP

17 3/11p ordinary

SWAP

Opening Long

36,255

9.5500 GBP

17 3/11p ordinary

SWAP

Decreasing Short

21,156

9.5039 GBP

17 3/11p ordinary

SWAP

Increasing Long

565

9.5475 GBP

17 3/11p ordinary

SWAP

Decreasing Short

167,516

9.5185 GBP

17 3/11p ordinary

SWAP

Increasing Short

1,799

9.5500 GBP

17 3/11p ordinary

SWAP

Decreasing Long

21,068

9.5168 GBP

17 3/11p ordinary

SWAP

Increasing Short

18,390

9.5500 GBP

17 3/11p ordinary

SWAP

Closing Long

171,268

9.5147 GBP

17 3/11p ordinary

SWAP

Opening Short

228,732

9.5147 GBP

17 3/11p ordinary

SWAP

Increasing Short

42,724

9.5471 GBP

17 3/11p ordinary

SWAP

Decreasing Long

9,554

9.5243 GBP

17 3/11p ordinary

SWAP

Increasing Short

2,059

9.5500 GBP

17 3/11p ordinary

SWAP

Increasing Short

213,866

9.5047 GBP

17 3/11p ordinary

SWAP

Decreasing Short

11,499

9.5308 GBP

17 3/11p ordinary

SWAP

Closing Long

5,633

9.5263 GBP

17 3/11p ordinary

SWAP

Opening Short

20,411

9.5263 GBP

17 3/11p ordinary

SWAP

Increasing Short

73,544

9.5500 GBP

17 3/11p ordinary

SWAP

Increasing Short

50,000

9.5147 GBP

17 3/11p ordinary

SWAP

Decreasing Short

75,000

9.5433 GBP

17 3/11p ordinary

SWAP

Decreasing Short

1,603

9.5168 GBP

17 3/11p ordinary

SWAP

Increasing Short

400,000

9.5098 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)

Exercising

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 exempt principal trader 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:

02 Sep 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213