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:

19 Feb 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:

61,658,665

5.94%

2,212,610

0.21%

(2)

Cash-settled derivatives:

1,655,326

0.16%

61,664,967

5.94%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

63,313,991

6.10%

63,877,577

6.15%

(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

487,802

2.1725 GBP

10p ordinary

Purchase

112,786

2.1700 GBP

10p ordinary

Purchase

15,700

2.1698 GBP

10p ordinary

Purchase

14,485

2.1711 GBP

10p ordinary

Purchase

5,320

2.1731 GBP

10p ordinary

Purchase

3,214

2.1750 GBP

10p ordinary

Sale

565,414

2.1719 GBP

10p ordinary

Sale

350,000

2.1710 GBP

10p ordinary

Sale

194,487

2.1700 GBP

10p ordinary

Sale

3,214

2.1750 GBP

10p ordinary

Sale

737

2.1704 GBP

10p ordinary

Sale

229

2.1725 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

19,964

2.1706 GBP

10p ordinary

SWAP

Decreasing Short

17,170

2.1698 GBP

10p ordinary

SWAP

Decreasing Short

96,346

2.1700 GBP

10p ordinary

SWAP

Decreasing Short

9

2.1725 GBP

10p ordinary

SWAP

Increasing Short

53,237

2.1700 GBP

10p ordinary

SWAP

Increasing Short

14,485

2.1710 GBP

10p ordinary

SWAP

Increasing Short

487,582

2.1725 GBP

10p ordinary

SWAP

Increasing Short

2,442

2.1727 GBP

10p ordinary

CFD

Decreasing Short

23,797

2.1698 GBP

10p ordinary

SWAP

Decreasing Short

915,414

2.1720 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:

20 Feb 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213