Barclays Regulatory News (BARC)

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

RENEWI 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:

23 Oct 2023

(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:

GBP1 ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

404,036

0.50%

691,843

0.86%

(2)

Cash-settled derivatives:

and/or controlled:

599,065

0.75%

281,303

0.35%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,003,101

1.25%

973,146

1.21%

(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

Number of

Price per unit

security

securities

GBP1 ordinary

Purchase

18,334

6.8912 GBP

GBP1 ordinary

Purchase

8,338

6.9000 GBP

GBP1 ordinary

Purchase

2,918

6.8973 GBP

GBP1 ordinary

Purchase

2,260

6.7700 GBP

GBP1 ordinary

Purchase

1,453

6.8758 GBP

GBP1 ordinary

Purchase

489

6.9200 GBP

GBP1 ordinary

Purchase

403

6.8300 GBP

GBP1 ordinary

Purchase

263

7.9806 EUR

GBP1 ordinary

Purchase

248

7.9226 EUR

GBP1 ordinary

Purchase

243

6.8687 GBP

GBP1 ordinary

Purchase

213

6.8996 GBP

GBP1 ordinary

Purchase

150

6.8504 GBP

GBP1 ordinary

Purchase

52

6.8900 GBP

GBP1 ordinary

Sale

9,368

6.8652 GBP

GBP1 ordinary

Sale

2,444

6.8586 GBP

GBP1 ordinary

Sale

2,260

6.7700 GBP

GBP1 ordinary

Sale

1,810

6.9000 GBP

GBP1 ordinary

Sale

610

6.9200 GBP

GBP1 ordinary

Sale

17

6.8999 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

GBP1 ordinary

SWAP

Long

17

6.8999 GBP

GBP1 ordinary

SWAP

Long

60

6.9199 GBP

GBP1 ordinary

SWAP

Long

681

6.8899 GBP

GBP1 ordinary

SWAP

Long

691

6.8094 GBP

GBP1 ordinary

SWAP

Long

1,061

6.9205 GBP

GBP1 ordinary

CFD

Long

1,300

6.9194 GBP

GBP1 ordinary

SWAP

Long

1,364

6.8832 GBP

GBP1 ordinary

CFD

Long

1,597

6.9000 GBP

GBP1 ordinary

SWAP

Long

1,763

6.8465 GBP

GBP1 ordinary

SWAP

Long

5,502

6.8495 GBP

GBP1 ordinary

SWAP

Short

150

6.8504 GBP

GBP1 ordinary

SWAP

Short

248

7.9234 EUR

GBP1 ordinary

SWAP

Short

263

7.9806 EUR

GBP1 ordinary

SWAP

Short

455

6.8386 GBP

GBP1 ordinary

CFD

Short

458

6.8834 GBP

GBP1 ordinary

CFD

Short

489

6.9205 GBP

GBP1 ordinary

SWAP

Short

645

6.9000 GBP

GBP1 ordinary

CFD

Short

811

6.9151 GBP

GBP1 ordinary

SWAP

Short

1,453

6.8758 GBP

GBP1 ordinary

SWAP

Short

1,462

6.8866 GBP

GBP1 ordinary

CFD

Short

8,123

6.9000 GBP

GBP1 ordinary

SWAP

Short

18,334

6.8912 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 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:

24 Oct 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213