Spectris Regulatory News (SXS)

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:

17 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:

4,763,011

4.79%

586,220

0.59%

(2)

Cash-settled derivatives:

and/or controlled:

555,270

0.56%

4,717,768

4.75%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

5,318,281

5.35%

5,303,988

5.34%

(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

43,569

41.1600 GBP

41.1192 GBP

5p ordinary

Sale

171,592

41.1600 GBP

41.1191 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

Decreasing Short

18

41.1191 GBP

5p ordinary

SWAP

Decreasing Short

3

41.1194 GBP

5p ordinary

SWAP

Decreasing Short

93,271

41.1200 GBP

5p ordinary

SWAP

Decreasing Short

15,388

41.1206 GBP

5p ordinary

SWAP

Decreasing Short

1,364

41.1227 GBP

5p ordinary

SWAP

Decreasing Short

3,336

41.1229 GBP

5p ordinary

SWAP

Decreasing Short

1,576

41.1235 GBP

5p ordinary

SWAP

Decreasing Short

687

41.1245 GBP

5p ordinary

SWAP

Decreasing Short

4,300

41.1264 GBP

5p ordinary

SWAP

Decreasing Short

9,431

41.1280 GBP

5p ordinary

SWAP

Decreasing Short

2,400

41.1293 GBP

5p ordinary

SWAP

Decreasing Short

9,527

41.1296 GBP

5p ordinary

SWAP

Decreasing Short

250

41.1323 GBP

5p ordinary

SWAP

Decreasing Short

411

41.1400 GBP

5p ordinary

SWAP

Decreasing Short

417

41.1427 GBP

5p ordinary

SWAP

Decreasing Short

12,610

41.1439 GBP

5p ordinary

SWAP

Decreasing Short

1,437

41.1458 GBP

5p ordinary

SWAP

Decreasing Short

536

41.1487 GBP

5p ordinary

SWAP

Decreasing Short

28

41.1493 GBP

5p ordinary

SWAP

Decreasing Short

2,834

41.1548 GBP

5p ordinary

SWAP

Increasing Short

5,989

41.1200 GBP

5p ordinary

SWAP

Increasing Short

9,033

41.1241 GBP

5p ordinary

SWAP

Increasing Short

95

41.1300 GBP

5p ordinary

SWAP

Increasing Short

349

41.1353 GBP

5p ordinary

SWAP

Increasing Short

214

41.1373 GBP

5p ordinary

SWAP

Increasing Short

584

41.1384 GBP

5p ordinary

SWAP

Increasing Short

8,125

41.1430 GBP

5p ordinary

SWAP

Increasing Short

4,207

41.1475 GBP

5p ordinary

SWAP

Increasing Short

1,500

41.1483 GBP

5p ordinary

SWAP

Increasing Short

642

41.1547 GBP

5p ordinary

SWAP

Increasing Short

2,370

41.1600 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:

18 Nov 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213