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:

09 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:

416,845

0.52%

994,402

1.24%

(2)

Cash-settled derivatives:

and/or controlled:

961,339

1.20%

350,895

0.44%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,378,184

1.72%

1,345,297

1.68%

(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

28,640

7.2354 GBP

GBP1 ordinary

Purchase

8,723

7.1976 GBP

GBP1 ordinary

Purchase

4,488

7.1943 GBP

GBP1 ordinary

Purchase

3,197

7.2276 GBP

GBP1 ordinary

Purchase

1,677

7.1516 GBP

GBP1 ordinary

Purchase

1,000

7.2703 GBP

GBP1 ordinary

Purchase

1,000

7.2500 GBP

GBP1 ordinary

Purchase

850

7.2300 GBP

GBP1 ordinary

Purchase

789

7.3100 GBP

GBP1 ordinary

Purchase

647

8.3402 EUR

GBP1 ordinary

Purchase

566

7.2597 GBP

GBP1 ordinary

Purchase

566

7.2600 GBP

GBP1 ordinary

Purchase

323

7.1799 GBP

GBP1 ordinary

Purchase

173

7.2200 GBP

GBP1 ordinary

Purchase

81

8.3200 EUR

GBP1 ordinary

Purchase

62

7.1900 GBP

GBP1 ordinary

Purchase

49

8.3763 EUR

GBP1 ordinary

Sale

20,253

7.2520 GBP

GBP1 ordinary

Sale

1,365

7.1703 GBP

GBP1 ordinary

Sale

728

8.3498 EUR

GBP1 ordinary

Sale

604

7.3098 GBP

GBP1 ordinary

Sale

566

7.2600 GBP

GBP1 ordinary

Sale

505

8.3400 EUR

GBP1 ordinary

Sale

440

7.2388 GBP

GBP1 ordinary

Sale

126

7.3103 GBP

GBP1 ordinary

Sale

114

8.3191 EUR

(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

114

8.3191 EUR

GBP1 ordinary

SWAP

Long

172

7.2297 GBP

GBP1 ordinary

SWAP

Long

199

7.1199 GBP

GBP1 ordinary

SWAP

Long

422

7.2122 GBP

GBP1 ordinary

CFD

Long

440

7.2387 GBP

GBP1 ordinary

CFD

Long

505

8.3389 EUR

GBP1 ordinary

SWAP

Long

604

7.3098 GBP

GBP1 ordinary

SWAP

Long

728

8.3498 EUR

GBP1 ordinary

CFD

Long

1,508

7.1378 GBP

GBP1 ordinary

SWAP

Long

5,146

7.2657 GBP

GBP1 ordinary

SWAP

Long

5,638

7.2795 GBP

GBP1 ordinary

CFD

Long

7,168

7.2503 GBP

GBP1 ordinary

SWAP

Short

49

8.3763 EUR

GBP1 ordinary

SWAP

Short

100

7.2199 GBP

GBP1 ordinary

SWAP

Short

239

7.2101 GBP

GBP1 ordinary

SWAP

Short

323

7.1799 GBP

GBP1 ordinary

SWAP

Short

496

7.2443 GBP

GBP1 ordinary

SWAP

Short

647

8.3402 EUR

GBP1 ordinary

SWAP

Short

789

7.3100 GBP

GBP1 ordinary

SWAP

Short

1,000

7.2703 GBP

GBP1 ordinary

SWAP

Short

1,307

7.1930 GBP

GBP1 ordinary

SWAP

Short

1,677

7.1516 GBP

GBP1 ordinary

SWAP

Short

3,155

7.1947 GBP

GBP1 ordinary

CFD

Short

5,000

7.2578 GBP

GBP1 ordinary

SWAP

Short

8,484

7.1972 GBP

GBP1 ordinary

SWAP

Short

28,640

7.2354 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:

10 Oct 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213