| 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 | |||||
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| 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 | ||||||
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| offeror/offeree: | ||||||
| (e) | Date position held/dealing undertaken: | 27 Jan 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 | ||||||
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| Interests | Short Positions | |||||
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| Number | (%) | Number | (%) | |||
| (1) | Relevant securities owned |
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| and/or controlled: |
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| 7,306,912 | 0.92% | 665,158 | 0.08% |
| (2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 1,187,693 | 0.15% | 6,024,428 | 0.76% |
| (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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| 8,494,605 | 1.07% | 6,689,586 | 0.84% |
| (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 |
| securities |
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| 0.375p ordinary | Purchase | 796,600 | 0.9245 GBP | ||||
| 0.375p ordinary | Purchase | 676,132 | 0.8954 GBP | ||||
| 0.375p ordinary | Purchase | 518,599 | 0.8898 GBP | ||||
| 0.375p ordinary | Purchase | 450,000 | 0.8975 GBP | ||||
| 0.375p ordinary | Purchase | 344,294 | 0.9247 GBP | ||||
| 0.375p ordinary | Purchase | 248,660 | 0.8973 GBP | ||||
| 0.375p ordinary | Purchase | 52,707 | 0.8917 GBP | ||||
| 0.375p ordinary | Purchase | 48,153 | 0.9028 GBP | ||||
| 0.375p ordinary | Purchase | 29,697 | 0.9115 GBP | ||||
| 0.375p ordinary | Purchase | 29,000 | 0.8969 GBP | ||||
| 0.375p ordinary | Purchase | 20,000 | 0.9025 GBP | ||||
| 0.375p ordinary | Purchase | 18,213 | 0.9156 GBP | ||||
| 0.375p ordinary | Purchase | 16,196 | 0.9002 GBP | ||||
| 0.375p ordinary | Purchase | 15,538 | 0.8930 GBP | ||||
| 0.375p ordinary | Purchase | 14,445 | 0.9037 GBP | ||||
| 0.375p ordinary | Purchase | 13,333 | 0.9068 GBP | ||||
| 0.375p ordinary | Purchase | 4,725 | 0.8951 GBP | ||||
| 0.375p ordinary | Purchase | 4,654 | 0.8921 GBP | ||||
| 0.375p ordinary | Purchase | 2,877 | 0.8910 GBP | ||||
| 0.375p ordinary | Purchase | 2,612 | 0.9070 GBP | ||||
| 0.375p ordinary | Purchase | 2,586 | 0.9120 GBP | ||||
| 0.375p ordinary | Purchase | 2,000 | 0.9095 GBP | ||||
| 0.375p ordinary | Purchase | 1,446 | 0.9000 GBP | ||||
| 0.375p ordinary | Purchase | 2 | 0.8920 GBP | ||||
| 0.375p ordinary | Purchase | 2 | 0.8970 GBP | ||||
| 0.375p ordinary | Sale | 500,000 | 0.8892 GBP | ||||
| 0.375p ordinary | Sale | 450,000 | 0.8975 GBP | ||||
| 0.375p ordinary | Sale | 153,594 | 0.9123 GBP | ||||
| 0.375p ordinary | Sale | 83,697 | 0.9036 GBP | ||||
| 0.375p ordinary | Sale | 40,398 | 0.8977 GBP | ||||
| 0.375p ordinary | Sale | 31,885 | 0.8989 GBP | ||||
| 0.375p ordinary | Sale | 25,171 | 0.8955 GBP | ||||
| 0.375p ordinary | Sale | 16,395 | 0.8930 GBP | ||||
| 0.375p ordinary | Sale | 13,333 | 0.9068 GBP | ||||
| 0.375p ordinary | Sale | 8,854 | 0.9033 GBP | ||||
| 0.375p ordinary | Sale | 8,340 | 0.9170 GBP | ||||
| 0.375p ordinary | Sale | 5,270 | 0.9054 GBP | ||||
| 0.375p ordinary | Sale | 3,835 | 0.8880 GBP | ||||
| 0.375p ordinary | Sale | 2,877 | 0.8910 GBP | ||||
| 0.375p ordinary | Sale | 2,852 | 0.9104 GBP | ||||
| 0.375p ordinary | Sale | 2,824 | 0.9049 GBP | ||||
| 0.375p ordinary | Sale | 2,612 | 0.9070 GBP | ||||
| 0.375p ordinary | Sale | 2,586 | 0.9120 GBP | ||||
| 0.375p ordinary | Sale | 1,740 | 0.9249 GBP | ||||
| 0.375p ordinary | Sale | 1,446 | 0.9000 GBP | ||||
| 0.375p ordinary | Sale | 6 | 0.8940 GBP | ||||
| 0.375p ordinary | Sale | 2 | 0.8920 GBP | ||||
| 0.375p ordinary | Sale | 2 | 0.8970 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 |
| reference | unit | |||
| security |
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| securities |
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| 0.375p ordinary | SWAP | Increasing Long | 20,398 | 0.8929 GBP | |||
| 0.375p ordinary | SWAP | Increasing Long | 2,824 | 0.9049 GBP | |||
| 0.375p ordinary | SWAP | Increasing Long | 5,270 | 0.9054 GBP | |||
| 0.375p ordinary | SWAP | Increasing Long | 112,968 | 0.9111 GBP | |||
| 0.375p ordinary | SWAP | Increasing Long | 27,175 | 0.9142 GBP | |||
| 0.375p ordinary | SWAP | Increasing Long | 8,340 | 0.9170 GBP | |||
| 0.375p ordinary | SWAP | Increasing Long | 12,976 | 0.9182 GBP | |||
| 0.375p ordinary | SWAP | Increasing Long | 8,786,376 | 0.9250 GBP | |||
| 0.375p ordinary | SWAP | Decreasing Long | 52,707 | 0.8917 GBP | |||
| 0.375p ordinary | SWAP | Decreasing Long | 676,132 | 0.8954 GBP | |||
| 0.375p ordinary | SWAP | Decreasing Long | 248,660 | 0.8973 GBP | |||
| 0.375p ordinary | SWAP | Decreasing Long | 34,404 | 0.8985 GBP | |||
| 0.375p ordinary | SWAP | Decreasing Long | 1 | 0.9000 GBP | |||
| 0.375p ordinary | SWAP | Decreasing Long | 16,196 | 0.9002 GBP | |||
| 0.375p ordinary | SWAP | Decreasing Long | 796,600 | 0.9245 GBP | |||
| 0.375p ordinary | SWAP | Decreasing Long | 344,294 | 0.9247 GBP | |||
| 0.375p ordinary | SWAP | Opening Short | 8,785,901 | 0.9250 GBP | |||
| 0.375p ordinary | CFD | Increasing Short | 397 | 0.8970 GBP | |||
| 0.375p ordinary | CFD | Increasing Short | 13,352 | 0.9143 GBP | |||
| 0.375p ordinary | CFD | Increasing Short | 20,213 | 0.9151 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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| paid/ |
| 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 | |||
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| securities | unit | |||
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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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| applicable) | ||||
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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: | 28 Jan 2025 | ||||||
| Contact name: | Large Holdings Regulatory Operations | ||||||
| Telephone number: | 020 3134 7213 | ||||||
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