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:

28 May 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:

2,787,813

1.63%

431,766

0.25%

(2)

Cash-settled derivatives:

and/or controlled:

390,199

0.23%

2,733,922

1.60%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

3,178,012

1.85%

3,165,688

1.85%

(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

146,142

8.2176 GBP

8.0916 GBP

17 3/11p ordinary

Sale

75,075

8.2900 GBP

8.0623 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

Decreasing Short

100

8.1144 GBP

17 3/11p ordinary

SWAP

Decreasing Short

5,199

8.1700 GBP

17 3/11p ordinary

SWAP

Decreasing Short

1,379

8.1780 GBP

17 3/11p ordinary

SWAP

Decreasing Short

763

8.1781 GBP

17 3/11p ordinary

SWAP

Decreasing Short

1,251

8.1801 GBP

17 3/11p ordinary

SWAP

Decreasing Short

1,684

8.1807 GBP

17 3/11p ordinary

SWAP

Decreasing Short

461

8.1823 GBP

17 3/11p ordinary

SWAP

Decreasing Short

730

8.1841 GBP

17 3/11p ordinary

SWAP

Decreasing Short

537

8.1879 GBP

17 3/11p ordinary

SWAP

Decreasing Short

999

8.2099 GBP

17 3/11p ordinary

SWAP

Decreasing Short

24,014

8.2650 GBP

17 3/11p ordinary

SWAP

Increasing Short

1,443

8.1124 GBP

17 3/11p ordinary

SWAP

Increasing Short

4,133

8.1176 GBP

17 3/11p ordinary

SWAP

Increasing Short

804

8.1289 GBP

17 3/11p ordinary

SWAP

Increasing Short

4,514

8.1347 GBP

17 3/11p ordinary

SWAP

Increasing Short

4,728

8.1416 GBP

17 3/11p ordinary

SWAP

Increasing Short

520

8.1431 GBP

17 3/11p ordinary

SWAP

Increasing Short

1,834

8.1466 GBP

17 3/11p ordinary

SWAP

Increasing Short

2,000

8.1521 GBP

17 3/11p ordinary

SWAP

Increasing Short

26,065

8.1700 GBP

17 3/11p ordinary

SWAP

Increasing Short

12,278

8.1718 GBP

17 3/11p ordinary

SWAP

Increasing Short

1,000

8.1837 GBP

17 3/11p ordinary

SWAP

Increasing Short

40,438

8.2022 GBP

17 3/11p ordinary

SWAP

Increasing Short

11,642

8.2067 GBP

17 3/11p ordinary

CFD

Increasing Long

548

8.0985 GBP

17 3/11p ordinary

CFD

Decreasing Long

257

8.1762 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:

29 May 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213