10th Feb 2025 15:17
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: |
| Barclays PLC. | ||||
(b) | Owner or controller of interest and short |
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| positions disclosed, if different from 1(a): | ||||||
(c) | Name of offeror/offeree in relation to whose | LEARNING TECHNOLOGIES GROUP PLC | |||||
| relevant securities this form relates: | ||||||
(d) | If an exempt fund manager connected with an |
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| offeror/offeree, state this and specify identity of | ||||||
| offeror/offeree: | ||||||
(e) | Date position held/dealing undertaken: | 07 Feb 2025 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making | NO |
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| disclosures in respect of any other party to the offer? |
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2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree |
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| to which the disclosure relates following the dealing(if any) |
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Class of relevant security: | 0.375p ordinary | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 6,924,824 | 0.87% | 908,051 | 0.11% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 2,019,340 | 0.25% | 5,044,806 | 0.64% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 0 | 0.00% |
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| TOTAL: |
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| 8,944,164 | 1.13% | 5,952,857 | 0.75% |
(b) | Rights to subscribe for new securities (including directors and other executive |
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| options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales |
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Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security |
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0.375p ordinary | Purchase | 763,021 | 0.9914 GBP | ||||
0.375p ordinary | Purchase | 703,870 | 0.9915 GBP | ||||
0.375p ordinary | Purchase | 620,210 | 0.9902 GBP | ||||
0.375p ordinary | Purchase | 512,645 | 0.9916 GBP | ||||
0.375p ordinary | Purchase | 470,033 | 0.9910 GBP | ||||
0.375p ordinary | Purchase | 416,650 | 0.9911 GBP | ||||
0.375p ordinary | Purchase | 192,952 | 0.9917 GBP | ||||
0.375p ordinary | Purchase | 81,889 | 0.9908 GBP | ||||
0.375p ordinary | Purchase | 69,244 | 0.9920 GBP | ||||
0.375p ordinary | Purchase | 55,800 | 0.9906 GBP | ||||
0.375p ordinary | Purchase | 53,452 | 0.9907 GBP | ||||
0.375p ordinary | Purchase | 25,284 | 0.9912 GBP | ||||
0.375p ordinary | Purchase | 22,027 | 0.9905 GBP | ||||
0.375p ordinary | Sale | 758,524 | 0.9912 GBP | ||||
0.375p ordinary | Sale | 590,041 | 0.9901 GBP | ||||
0.375p ordinary | Sale | 309,373 | 0.9908 GBP | ||||
0.375p ordinary | Sale | 233,844 | 0.9919 GBP | ||||
0.375p ordinary | Sale | 86,474 | 0.9910 GBP | ||||
0.375p ordinary | Sale | 47,147 | 0.9909 GBP | ||||
0.375p ordinary | Sale | 42,587 | 0.9918 GBP | ||||
0.375p ordinary | Sale | 27,424 | 0.9917 GBP | ||||
0.375p ordinary | Sale | 21,911 | 0.9920 GBP | ||||
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(b) | Cash-settled derivative transactions |
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Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
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security |
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0.375p ordinary | SWAP | Decreasing Short | 508,612 | 0.9748 GBP | |||
0.375p ordinary | SWAP | Decreasing Short | 309,373 | 0.9908 GBP | |||
0.375p ordinary | SWAP | Decreasing Short | 48,277 | 0.9909 GBP | |||
0.375p ordinary | SWAP | Decreasing Short | 32,096 | 0.9910 GBP | |||
0.375p ordinary | SWAP | Decreasing Short | 26,940 | 0.9915 GBP | |||
0.375p ordinary | SWAP | Decreasing Short | 84,924 | 0.9919 GBP | |||
0.375p ordinary | SWAP | Decreasing Short | 5,708 | 0.9920 GBP | |||
0.375p ordinary | SWAP | Increasing Short | 22,027 | 0.9905 GBP | |||
0.375p ordinary | SWAP | Increasing Short | 725,567 | 0.9914 GBP | |||
0.375p ordinary | SWAP | Increasing Short | 448,435 | 0.9915 GBP | |||
0.375p ordinary | SWAP | Increasing Short | 512,645 | 0.9916 GBP | |||
0.375p ordinary | SWAP | Increasing Short | 192,952 | 0.9917 GBP | |||
0.375p ordinary | SWAP | Increasing Short | 5,465 | 0.9920 GBP | |||
0.375p ordinary | CFD | Decreasing Short | 6,164 | 0.9919 GBP | |||
0.375p ordinary | CFD | Increasing Short | 135,341 | 0.9908 GBP | |||
0.375p ordinary | CFD | Increasing Short | 338,589 | 0.9910 GBP | |||
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(c) | Stock-settled derivative transactions (including options) |
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(i) | Writing, selling, purchasing or varying |
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Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price |
| date | money |
relevant |
| selling, | securities | per unit |
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security |
| varying etc | to which |
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| received |
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| option |
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| per unit |
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| relates |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
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(d) | Other dealings (including subscribing for new securities) |
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Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security |
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4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE | |||||||
(c) | Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 10 Feb 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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