Just Group Regulatory News (JUST)

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

JUST GROUP 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:

20 Jan 2026

(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:

10p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

57,688,575

5.55%

1,581,681

0.15%

(2)

Cash-settled derivatives:

996,936

0.10%

57,689,142

5.55%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

58,685,511

5.65%

59,270,823

5.70%

(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 PERSON MAKING THE DISCLOSURE

(a)

Purchases and sales

Class of relevant

Purchase/sale

Number of

Price per unit

security

securities

10p ordinary

Purchase

1,013,483

2.1575 GBP

10p ordinary

Purchase

940,000

2.1573 GBP

10p ordinary

Purchase

500,000

2.1585 GBP

10p ordinary

Purchase

238,675

2.1600 GBP

10p ordinary

Purchase

146,627

2.1599 GBP

10p ordinary

Purchase

100,000

2.1500 GBP

10p ordinary

Purchase

71,216

2.1550 GBP

10p ordinary

Purchase

53,662

2.1582 GBP

10p ordinary

Purchase

37,300

2.1556 GBP

10p ordinary

Purchase

26,206

2.1545 GBP

10p ordinary

Purchase

9,213

2.1596 GBP

10p ordinary

Purchase

6,877

2.1608 GBP

10p ordinary

Purchase

6,382

2.1595 GBP

10p ordinary

Purchase

5,161

2.1589 GBP

10p ordinary

Purchase

4,715

2.1623 GBP

10p ordinary

Purchase

4,433

2.1625 GBP

10p ordinary

Purchase

4,196

2.1498 GBP

10p ordinary

Purchase

1,823

2.1700 GBP

10p ordinary

Purchase

516

2.1590 GBP

10p ordinary

Purchase

168

2.1650 GBP

10p ordinary

Sale

769,325

2.1566 GBP

10p ordinary

Sale

565,900

2.1565 GBP

10p ordinary

Sale

499,983

2.1554 GBP

10p ordinary

Sale

471,892

2.1600 GBP

10p ordinary

Sale

398,985

2.1561 GBP

10p ordinary

Sale

257,450

2.1570 GBP

10p ordinary

Sale

155,519

2.1575 GBP

10p ordinary

Sale

71,497

2.1550 GBP

10p ordinary

Sale

1,823

2.1700 GBP

10p ordinary

Sale

396

2.1551 GBP

10p ordinary

Sale

168

2.1650 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

10p ordinary

SWAP

Increasing Short

500,000

2.1585 GBP

10p ordinary

SWAP

Increasing Short

9,789

2.1604 GBP

10p ordinary

SWAP

Decreasing Short

379,100

2.1548 GBP

10p ordinary

SWAP

Decreasing Short

58,228

2.1550 GBP

10p ordinary

SWAP

Decreasing Short

5,502

2.1555 GBP

10p ordinary

SWAP

Decreasing Short

418,719

2.1561 GBP

10p ordinary

SWAP

Decreasing Short

565,900

2.1565 GBP

10p ordinary

SWAP

Decreasing Short

257,450

2.1570 GBP

10p ordinary

SWAP

Decreasing Short

124,550

2.1572 GBP

10p ordinary

SWAP

Decreasing Short

19,511

2.1575 GBP

10p ordinary

SWAP

Decreasing Short

14,042

2.1578 GBP

10p ordinary

SWAP

Decreasing Short

699

2.1581 GBP

10p ordinary

SWAP

Decreasing Short

21,497

2.1599 GBP

10p ordinary

SWAP

Decreasing Short

2,912

2.1600 GBP

10p ordinary

SWAP

Increasing Short

100,000

2.1500 GBP

10p ordinary

SWAP

Increasing Short

170

2.1550 GBP

10p ordinary

SWAP

Increasing Short

1,000,000

2.1575 GBP

10p ordinary

SWAP

Increasing Short

7,657

2.1578 GBP

10p ordinary

SWAP

Increasing Short

155

2.1581 GBP

10p ordinary

SWAP

Increasing Short

207,511

2.1585 GBP

10p ordinary

SWAP

Increasing Short

516

2.1590 GBP

10p ordinary

SWAP

Increasing Short

11,592

2.1614 GBP

10p ordinary

SWAP

Increasing Short

4,433

2.1625 GBP

10p ordinary

CFD

Decreasing Short

1,230

2.1548 GBP

10p ordinary

CFD

Decreasing Short

1,099

2.1648 GBP

10p ordinary

CFD

Increasing Short

8,600

2.1601 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)

Exercise

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:

21 Jan 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213