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:

26 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:

4,475,651

4.50%

626,715

0.63%

(2)

Cash-settled derivatives:

and/or controlled:

618,991

0.62%

4,430,243

4.46%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

5,094,642

5.12%

5,056,958

5.09%

(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

90,283

41.3603 GBP

41.3200 GBP

5p ordinary

Sale

360,560

41.3419 GBP

41.2993 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

Increasing Short

2,595

41.3347 GBP

5p ordinary

SWAP

Decreasing Short

155,171

41.2993 GBP

5p ordinary

SWAP

Decreasing Short

156

41.3193 GBP

5p ordinary

SWAP

Decreasing Short

352

41.3197 GBP

5p ordinary

SWAP

Decreasing Short

706

41.3200 GBP

5p ordinary

SWAP

Decreasing Short

16,350

41.3213 GBP

5p ordinary

SWAP

Decreasing Short

38,476

41.3216 GBP

5p ordinary

SWAP

Decreasing Short

1,717

41.3219 GBP

5p ordinary

SWAP

Decreasing Short

7,703

41.3236 GBP

5p ordinary

SWAP

Decreasing Short

4,352

41.3256 GBP

5p ordinary

SWAP

Decreasing Short

9,431

41.3265 GBP

5p ordinary

SWAP

Decreasing Short

31,716

41.3275 GBP

5p ordinary

SWAP

Decreasing Short

2,389

41.3298 GBP

5p ordinary

SWAP

Decreasing Short

25,000

41.3319 GBP

5p ordinary

SWAP

Decreasing Short

1,799

41.3351 GBP

5p ordinary

SWAP

Decreasing Short

3,081

41.3353 GBP

5p ordinary

SWAP

Decreasing Short

12,525

41.3354 GBP

5p ordinary

SWAP

Decreasing Short

8,261

41.3356 GBP

5p ordinary

SWAP

Decreasing Short

55

41.3393 GBP

5p ordinary

SWAP

Decreasing Short

1,754

41.3400 GBP

5p ordinary

SWAP

Increasing Short

1,208

41.3358 GBP

5p ordinary

SWAP

Increasing Short

5,149

41.3390 GBP

5p ordinary

SWAP

Increasing Short

2,693

41.3393 GBP

5p ordinary

SWAP

Increasing Short

8,324

41.3400 GBP

5p ordinary

SWAP

Increasing Short

13,852

41.3401 GBP

5p ordinary

SWAP

Increasing Short

336

41.3405 GBP

5p ordinary

SWAP

Increasing Short

9,200

41.3408 GBP

5p ordinary

SWAP

Increasing Short

300

41.3430 GBP

5p ordinary

SWAP

Increasing Short

2,529

41.3435 GBP

5p ordinary

SWAP

Increasing Short

789

41.3442 GBP

5p ordinary

SWAP

Increasing Short

2,676

41.3603 GBP

5p ordinary

CFD

Increasing Short

1,066

41.3230 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:

27 Nov 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213