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:

21 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:

4,802,757

4.83%

628,448

0.63%

(2)

Cash-settled derivatives:

and/or controlled:

609,867

0.61%

4,757,346

4.79%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

5,412,624

5.44%

5,385,794

5.42%

(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

120,307

41.1400 GBP

41.0800 GBP

5p ordinary

Sale

103,056

41.1400 GBP

41.0600 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

464

41.0593 GBP

5p ordinary

SWAP

Decreasing Short

171

41.0766 GBP

5p ordinary

SWAP

Decreasing Short

8,193

41.0771 GBP

5p ordinary

SWAP

Decreasing Short

3,660

41.0780 GBP

5p ordinary

SWAP

Decreasing Short

3,597

41.0800 GBP

5p ordinary

SWAP

Decreasing Short

6,924

41.0842 GBP

5p ordinary

SWAP

Decreasing Short

511

41.0867 GBP

5p ordinary

SWAP

Decreasing Short

29

41.0868 GBP

5p ordinary

SWAP

Decreasing Short

942

41.0905 GBP

5p ordinary

SWAP

Decreasing Short

501

41.0908 GBP

5p ordinary

SWAP

Decreasing Short

525

41.0926 GBP

5p ordinary

SWAP

Decreasing Short

23,195

41.0935 GBP

5p ordinary

SWAP

Decreasing Short

16,702

41.0964 GBP

5p ordinary

SWAP

Decreasing Short

1,838

41.0971 GBP

5p ordinary

SWAP

Decreasing Short

3,158

41.0973 GBP

5p ordinary

SWAP

Decreasing Short

836

41.0996 GBP

5p ordinary

SWAP

Decreasing Short

2,556

41.1005 GBP

5p ordinary

SWAP

Decreasing Short

1,064

41.1018 GBP

5p ordinary

SWAP

Decreasing Short

1,062

41.1040 GBP

5p ordinary

SWAP

Decreasing Short

6,175

41.1050 GBP

5p ordinary

SWAP

Decreasing Short

3,473

41.1126 GBP

5p ordinary

SWAP

Increasing Short

1,558

41.0800 GBP

5p ordinary

SWAP

Increasing Short

352

41.0805 GBP

5p ordinary

SWAP

Increasing Short

5,492

41.0861 GBP

5p ordinary

SWAP

Increasing Short

1,677

41.0894 GBP

5p ordinary

SWAP

Increasing Short

137

41.1000 GBP

5p ordinary

SWAP

Increasing Short

80,491

41.1014 GBP

5p ordinary

SWAP

Increasing Short

2,532

41.1110 GBP

5p ordinary

SWAP

Increasing Short

6,348

41.1123 GBP

5p ordinary

SWAP

Increasing Short

4,033

41.1368 GBP

5p ordinary

SWAP

Increasing Short

213

41.1400 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:

24 Nov 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213