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:

24 June 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:

440,277

0.45%

315,476

0.32%

(2)

Cash-settled derivatives:

1,392,282

1.42%

132,010

0.13%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,832,559

1.87%

447,486

0.46%

(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

90

9.0000 GBP

2.5p ordinary

Purchase

617

8.8779 GBP

2.5p ordinary

Purchase

1,051

8.9733 GBP

2.5p ordinary

Purchase

2,519

8.9103 GBP

2.5p ordinary

Purchase

9,891

9.1200 GBP

2.5p ordinary

Purchase

14,947

9.0033 GBP

2.5p ordinary

Sale

35

8.6800 GBP

2.5p ordinary

Sale

90

9.0000 GBP

2.5p ordinary

Sale

225

8.9000 GBP

2.5p ordinary

Sale

307

8.9648 GBP

2.5p ordinary

Sale

801

8.9183 GBP

2.5p ordinary

Sale

1,048

8.7891 GBP

2.5p ordinary

Sale

1,100

9.0444 GBP

2.5p ordinary

Sale

1,311

8.8837 GBP

2.5p ordinary

Sale

1,678

9.1204 GBP

2.5p ordinary

Sale

2,000

8.7091 GBP

2.5p ordinary

Sale

3,890

8.9365 GBP

2.5p ordinary

Sale

4,438

8.8277 GBP

2.5p ordinary

Sale

4,554

9.1200 GBP

2.5p ordinary

Sale

6,458

9.0739 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

 CFD

Long

307

8.9648 GBP

2.5p ordinary

 SWAP

Long

801

8.9183 GBP

2.5p ordinary

 CFD

Long

899

9.1191 GBP

2.5p ordinary

 CFD

Long

1,100

9.0444 GBP

2.5p ordinary

 SWAP

Long

1,217

8.9822 GBP

2.5p ordinary

 CFD

Long

1,311

8.8837 GBP

2.5p ordinary

 CFD

Long

2,000

8.7091 GBP

2.5p ordinary

 SWAP

Long

2,054

9.1200 GBP

2.5p ordinary

 SWAP

Long

2,150

9.1032 GBP

2.5p ordinary

 SWAP

Long

2,192

9.0772 GBP

2.5p ordinary

 CFD

Long

3,890

8.9365 GBP

2.5p ordinary

 CFD

Short

617

8.8779 GBP

2.5p ordinary

 CFD

Short

1,076

8.8761 GBP

2.5p ordinary

 SWAP

Short

1,124

9.1200 GBP

2.5p ordinary

 CFD

Short

1,163

8.9834 GBP

2.5p ordinary

 SWAP

Short

1,443

8.9367 GBP

2.5p ordinary

 SWAP

Short

2,054

9.1204 GBP

2.5p ordinary

 SWAP

Short

4,622

8.9760 GBP

2.5p ordinary

 SWAP

Short

9,201

9.0028 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:

27 Jun 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213