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:

14 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:

4,879,176

4.91%

574,362

0.58%

(2)

Cash-settled derivatives:

and/or controlled:

543,412

0.55%

4,832,626

4.86%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

5,422,588

5.45%

5,406,988

5.44%

(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

75,452

41.1670 GBP

41.1000 GBP

5p ordinary

Sale

74,679

41.1775 GBP

41.1000 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

8,536

41.1200 GBP

5p ordinary

SWAP

Decreasing Short

2,380

41.1204 GBP

5p ordinary

SWAP

Decreasing Short

11,252

41.1216 GBP

5p ordinary

SWAP

Decreasing Short

1,705

41.1234 GBP

5p ordinary

SWAP

Decreasing Short

848

41.1255 GBP

5p ordinary

SWAP

Decreasing Short

773

41.1257 GBP

5p ordinary

SWAP

Decreasing Short

2,572

41.1268 GBP

5p ordinary

SWAP

Decreasing Short

865

41.1273 GBP

5p ordinary

SWAP

Decreasing Short

5,276

41.1321 GBP

5p ordinary

SWAP

Decreasing Short

3,200

41.1371 GBP

5p ordinary

SWAP

Decreasing Short

131

41.1400 GBP

5p ordinary

SWAP

Decreasing Short

9,112

41.1422 GBP

5p ordinary

SWAP

Decreasing Short

3,488

41.1464 GBP

5p ordinary

SWAP

Decreasing Short

1,577

41.1475 GBP

5p ordinary

SWAP

Decreasing Short

1,032

41.1547 GBP

5p ordinary

SWAP

Decreasing Short

125

41.1571 GBP

5p ordinary

SWAP

Decreasing Short

192

41.1753 GBP

5p ordinary

SWAP

Increasing Short

6,002

41.1200 GBP

5p ordinary

SWAP

Increasing Short

71

41.1205 GBP

5p ordinary

SWAP

Increasing Short

4,325

41.1230 GBP

5p ordinary

SWAP

Increasing Short

84

41.1264 GBP

5p ordinary

SWAP

Increasing Short

674

41.1300 GBP

5p ordinary

SWAP

Increasing Short

1,181

41.1311 GBP

5p ordinary

SWAP

Increasing Short

400

41.1313 GBP

5p ordinary

SWAP

Increasing Short

362

41.1329 GBP

5p ordinary

SWAP

Increasing Short

1,787

41.1337 GBP

5p ordinary

SWAP

Increasing Short

946

41.1371 GBP

5p ordinary

SWAP

Increasing Short

891

41.1373 GBP

5p ordinary

SWAP

Increasing Short

4

41.1400 GBP

5p ordinary

SWAP

Increasing Short

32,000

41.1405 GBP

5p ordinary

SWAP

Increasing Short

810

41.1498 GBP

5p ordinary

SWAP

Increasing Short

4,138

41.1670 GBP

5p ordinary

CFD

Increasing Short

162

41.1377 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:

17 Nov 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213