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:

30 May 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:

438,077

0.45%

79,201

0.08%

(2)

Cash-settled derivatives:

2,671,508

2.73%

168,850

0.17%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

3,109,585

3.17%

248,051

0.25%

(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

2

10.8600 GBP

2.5p ordinary

Purchase

60

10.9800 GBP

2.5p ordinary

Purchase

326

10.8217 GBP

2.5p ordinary

Purchase

362

10.9000 GBP

2.5p ordinary

Purchase

692

10.8908 GBP

2.5p ordinary

Purchase

1,261

10.9994 GBP

2.5p ordinary

Purchase

1,333

10.8950 GBP

2.5p ordinary

Purchase

1,465

11.0000 GBP

2.5p ordinary

Purchase

1,948

10.9859 GBP

2.5p ordinary

Purchase

6,476

10.8833 GBP

2.5p ordinary

Purchase

8,454

10.9181 GBP

2.5p ordinary

Sale

5

10.8570 GBP

2.5p ordinary

Sale

117

10.9400 GBP

2.5p ordinary

Sale

192

11.0200 GBP

2.5p ordinary

Sale

192

10.8605 GBP

2.5p ordinary

Sale

230

10.8700 GBP

2.5p ordinary

Sale

523

10.9000 GBP

2.5p ordinary

Sale

798

11.0000 GBP

2.5p ordinary

Sale

980

10.8699 GBP

2.5p ordinary

Sale

1,090

11.0013 GBP

2.5p ordinary

Sale

1,226

10.8413 GBP

2.5p ordinary

Sale

1,562

10.8521 GBP

2.5p ordinary

Sale

3,007

10.8744 GBP

2.5p ordinary

Sale

3,732

10.9104 GBP

2.5p ordinary

Sale

10,123

10.8884 GBP

2.5p ordinary

Sale

16,003

10.9025 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

637

11.0000 GBP

2.5p ordinary

 SWAP

Long

725

10.8113 GBP

2.5p ordinary

 SWAP

Long

837

10.8875 GBP

2.5p ordinary

 SWAP

Long

980

10.8699 GBP

2.5p ordinary

 SWAP

Long

1,150

10.8673 GBP

2.5p ordinary

 SWAP

Long

1,301

10.8743 GBP

2.5p ordinary

 SWAP

Long

1,321

10.8624 GBP

2.5p ordinary

 CFD

Long

3,429

10.8814 GBP

2.5p ordinary

 SWAP

Long

8,822

10.8905 GBP

2.5p ordinary

 SWAP

Short

86

10.8608 GBP

2.5p ordinary

 CFD

Short

326

10.8217 GBP

2.5p ordinary

 SWAP

Short

663

11.0005 GBP

2.5p ordinary

 SWAP

Short

1,472

11.0000 GBP

2.5p ordinary

 CFD

Short

1,932

10.8961 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:

31 May 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213