Form 8.3 - Next Fifteen Communications Group plc

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

positions disclosed, if different from 1(a):

(c)

Name of offeror/offeree in relation to whose

NEXT FIFTEEN COMMUNICATIONS GROUP PLC

relevant securities this form relates:

(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:

22 July 2022

(f)

In addition to the company in 1(c) above, is the discloser making

YES:

disclosures in respect of any other party to the offer?

M&C SAATCHI PLC

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(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:

2.5p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

383,402

0.39%

265,791

0.27%

(2)

Cash-settled derivatives:

798,525

0.81%

142,823

0.15%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,181,927

1.20%

408,614

0.42%

(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 PERSON MAKING THE DISCLOSURE

(a)

Purchases and sales

Class of relevant

Purchase/sale

Number of

Price per unit

security

securities

2.5p ordinary

Purchase

69

10.5200 GBP

2.5p ordinary

Purchase

127

10.5594 GBP

2.5p ordinary

Purchase

382

10.5587 GBP

2.5p ordinary

Purchase

402

10.4059 GBP

2.5p ordinary

Purchase

711

10.5356 GBP

2.5p ordinary

Purchase

2,495

10.5600 GBP

2.5p ordinary

Purchase

2,500

10.5664 GBP

2.5p ordinary

Sale

37

10.5200 GBP

2.5p ordinary

Sale

46

10.6228 GBP

2.5p ordinary

Sale

123

10.5600 GBP

2.5p ordinary

Sale

143

10.5656 GBP

2.5p ordinary

Sale

169

10.5397 GBP

2.5p ordinary

Sale

379

10.5500 GBP

2.5p ordinary

Sale

475

10.5769 GBP

2.5p ordinary

Sale

501

10.5356 GBP

2.5p ordinary

Sale

680

10.5426 GBP

2.5p ordinary

Sale

9,420

10.5711 GBP

2.5p ordinary

Sale

9,884

10.5385 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

2.5p ordinary

 SWAP

Long

43

10.2790 GBP

2.5p ordinary

 SWAP

Long

46

10.6228 GBP

2.5p ordinary

 CFD

Long

123

10.5600 GBP

2.5p ordinary

 SWAP

Long

143

10.5656 GBP

2.5p ordinary

 SWAP

Long

169

10.5397 GBP

2.5p ordinary

 CFD

Long

216

10.5385 GBP

2.5p ordinary

 CFD

Long

475

10.5769 GBP

2.5p ordinary

 SWAP

Long

501

10.5356 GBP

2.5p ordinary

 SWAP

Long

1,211

10.4749 GBP

2.5p ordinary

 SWAP

Long

1,583

10.5599 GBP

2.5p ordinary

 CFD

Long

1,625

10.5591 GBP

2.5p ordinary

 SWAP

Long

3,075

10.5415 GBP

2.5p ordinary

 SWAP

Long

3,714

10.5502 GBP

2.5p ordinary

 SWAP

Long

7,837

10.5733 GBP

2.5p ordinary

 CFD

Short

69

10.5210 GBP

2.5p ordinary

 SWAP

Short

107

10.5873 GBP

2.5p ordinary

 SWAP

Short

189

10.5566 GBP

2.5p ordinary

 SWAP

Short

193

10.5608 GBP

2.5p ordinary

 SWAP

Short

295

10.3400 GBP

2.5p ordinary

 CFD

Short

2,237

10.5600 GBP

2.5p ordinary

 CFD

Short

2,500

10.5664 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 person 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 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 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:

25 Jul 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213