Form 8.5 EPT/Non RI SPECTRIS 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

SPECTRIS PLC

relevant securities this form relates:

(c)

Name of the party to the offer with which exempt

SPECTRIS PLC

principal trader is connected

(d)

Date position held/dealing undertaken:

10 Nov 2025

(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:

5p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

5,606,943

5.64%

608,105

0.61%

(2)

Cash-settled derivatives:

and/or controlled:

575,567

0.58%

5,559,048

5.59%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

6,182,510

6.22%

6,167,153

6.20%

(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

5p ordinary

Purchase

649,826

41.1000 GBP

41.0400 GBP

5p ordinary

Sale

62,853

41.1000 GBP

41.0389 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

5p ordinary

SWAP

Decreasing Short

450

41.0338 GBP

5p ordinary

SWAP

Decreasing Short

1,110

41.0389 GBP

5p ordinary

SWAP

Decreasing Short

6,893

41.0400 GBP

5p ordinary

SWAP

Decreasing Short

16,784

41.0414 GBP

5p ordinary

SWAP

Decreasing Short

5,868

41.0419 GBP

5p ordinary

SWAP

Decreasing Short

421

41.0431 GBP

5p ordinary

SWAP

Decreasing Short

5,692

41.0474 GBP

5p ordinary

SWAP

Decreasing Short

486

41.0493 GBP

5p ordinary

SWAP

Decreasing Short

1,601

41.0630 GBP

5p ordinary

SWAP

Decreasing Short

408

41.0812 GBP

5p ordinary

SWAP

Decreasing Short

204

41.0903 GBP

5p ordinary

SWAP

Decreasing Short

5,714

41.0939 GBP

5p ordinary

SWAP

Decreasing Short

2,609

41.0979 GBP

5p ordinary

SWAP

Decreasing Short

1,274

41.1000 GBP

5p ordinary

SWAP

Increasing Short

4

41.0400 GBP

5p ordinary

SWAP

Increasing Short

1,002

41.0401 GBP

5p ordinary

SWAP

Increasing Short

104

41.0411 GBP

5p ordinary

SWAP

Increasing Short

88,823

41.0461 GBP

5p ordinary

SWAP

Increasing Short

1,008

41.0485 GBP

5p ordinary

SWAP

Increasing Short

3,671

41.0503 GBP

5p ordinary

SWAP

Increasing Short

9,500

41.0528 GBP

5p ordinary

SWAP

Increasing Short

367

41.0538 GBP

5p ordinary

SWAP

Increasing Short

1,245

41.0555 GBP

5p ordinary

SWAP

Increasing Short

512,470

41.0580 GBP

5p ordinary

SWAP

Increasing Short

669

41.0600 GBP

5p ordinary

SWAP

Increasing Short

5,561

41.0628 GBP

5p ordinary

SWAP

Increasing Short

413

41.0716 GBP

5p ordinary

SWAP

Increasing Short

566

41.0793 GBP

5p ordinary

SWAP

Increasing Short

466

41.0802 GBP

5p ordinary

SWAP

Increasing Short

707

41.0824 GBP

5p ordinary

SWAP

Increasing Short

1,120

41.0928 GBP

5p ordinary

SWAP

Increasing Short

8,791

41.1000 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:

11 Nov 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213