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: Jefferies International Limited | (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. | (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree IP Group Plc | (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: For an opening position disclosure, state the latest practicable date prior to the disclosure30 13th July 2026 | (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A" N/A |
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in\ 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(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: 2p ordinary | Interests Short positions | Number % Number % | (1) Relevant securities owned and/or controlled: 4,700,236 0.532 | (2) Cash-settled derivatives: 32,610,376 3.691 37,330,330 4.226 | (3) Stock-settled derivatives (including options) and agreements to purchase/sell: | TOTAL: 37,310,612 4.223 37,330,330 4.226 |
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
(b) Rights to subscribe for new securities (including directors' and other employee 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
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1©, copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
Class of relevant security 2p ordinary | Purchase/sale Purchase Sale | Number of securities 146 73 73 73 73 174 219 1,022 511 73 2,357 584 1,328 146 1,466 650 233 693 358 1,689 285 838 34 2,492 73 28 126 146 329 219 219 73 292 146 146 146 73 146 73 63 7,600 2,362 | Price per unit (GBX) 62.1500 62.2000 62.2500 62.3000 62.5500 62.6000 62.7000 62.7500 62.8000 62.8500 62.9000 62.9500 63.0000 63.1000 63.2000 63.2500 63.3000 63.4000 63.6500 63.7000 63.7500 63.8000 63.8500 63.9000 64.0000 64.0500 64.1000 64.1500 64.2000 64.2500 64.3000 64.5000 64.5500 64.6000 64.7000 64.8500 65.1000 65.3500 66.3000 67.4000 63.5026 63.9000 |
(b) Cash-settled derivative transactions
Class of relevant security 2p ordinary | Product description e.g. CFD Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Reducing a short position Increasing a short position Increasing a short position Increasing a short position Increasing a short position Increasing a short position | Number of reference securities 7,678,534 1,381,682 5,699,514 4,808,843 17,734,121 7,678,534 1,381,682 5,699,514 4,808,843 17,734,121 | Price per unit (GBX) 63.9000 63.9000 63.9000 63.9000 63.9000 63.9000 63.9000 63.9000 63.9000 63.9000 |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security
Product description e.g. call option
Writing, purchasing, selling, varying etc.
Number of securities to which option relates
Exercise price per unit
Type
e.g. American, European etc.
Expiry date
Option money paid/ received per unit
(ii) Exercise
Class of relevant security
Product description
e.g. call option
Exercising/ exercised against
Number of securities
Exercise price per unit
(d) Other dealings (including subscribing for new securities)
Class of relevant security
Nature of dealing
e.g. subscription, conversion
Details
Price per unit (if applicable)
4. OTHER INFORMATION
(a) Indemnity and other dealing 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 person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"
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 or future acquisition or disposal of any relevant securities to which any derivative is referenced:
If there are no such agreements, arrangements or understandings, state "none"
None
(c) Attachments
Is a Supplemental Form 8 (Open Positions) attached?
NO
| Date of disclosure: 14th July 2026 | Contact name: Jason Williams | Telephone number 020 7029 8706 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END RETEAFXLFAEKEFA