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:

19 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:

4,694,751

4.72%

613,367

0.62%

(2)

Cash-settled derivatives:

and/or controlled:

587,561

0.59%

4,649,368

4.68%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

5,282,312

5.31%

5,262,735

5.29%

(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

31,995

41.1400 GBP

41.0600 GBP

5p ordinary

Sale

81,198

41.1482 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

12,770

41.0600 GBP

5p ordinary

SWAP

Decreasing Short

8,972

41.0612 GBP

5p ordinary

SWAP

Decreasing Short

654

41.0650 GBP

5p ordinary

SWAP

Decreasing Short

2,100

41.0680 GBP

5p ordinary

SWAP

Decreasing Short

319

41.0687 GBP

5p ordinary

SWAP

Decreasing Short

1,245

41.0796 GBP

5p ordinary

SWAP

Decreasing Short

128

41.0823 GBP

5p ordinary

SWAP

Decreasing Short

2,630

41.0862 GBP

5p ordinary

SWAP

Decreasing Short

318

41.0923 GBP

5p ordinary

SWAP

Decreasing Short

21,524

41.0937 GBP

5p ordinary

SWAP

Decreasing Short

1,725

41.0978 GBP

5p ordinary

SWAP

Decreasing Short

143

41.0993 GBP

5p ordinary

SWAP

Decreasing Short

8,348

41.0996 GBP

5p ordinary

SWAP

Decreasing Short

3,861

41.1000 GBP

5p ordinary

SWAP

Decreasing Short

1,103

41.1011 GBP

5p ordinary

SWAP

Decreasing Short

334

41.1100 GBP

5p ordinary

SWAP

Decreasing Short

671

41.1134 GBP

5p ordinary

SWAP

Decreasing Short

277

41.1200 GBP

5p ordinary

SWAP

Increasing Short

7,776

41.0600 GBP

5p ordinary

SWAP

Increasing Short

3,327

41.0621 GBP

5p ordinary

SWAP

Increasing Short

250

41.0765 GBP

5p ordinary

SWAP

Increasing Short

72

41.0829 GBP

5p ordinary

SWAP

Increasing Short

2,524

41.0957 GBP

5p ordinary

SWAP

Increasing Short

77

41.1000 GBP

5p ordinary

SWAP

Increasing Short

184

41.1067 GBP

5p ordinary

SWAP

Increasing Short

3,627

41.1200 GBP

5p ordinary

SWAP

Increasing Short

2

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:

20 Nov 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213