Barclays Regulatory News (BARC)

FORM 8.3

Amendment to Sale

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:

21 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:

392,701

0.40%

259,919

0.26%

(2)

Cash-settled derivatives:

792,595

0.81%

151,884

0.15%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,185,296

1.21%

411,803

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

55

10.1712 GBP

2.5p ordinary

Purchase

139

10.2394 GBP

2.5p ordinary

Purchase

342

10.2159 GBP

2.5p ordinary

Purchase

861

10.2400 GBP

2.5p ordinary

Purchase

931

10.2109 GBP

2.5p ordinary

Purchase

1,776

10.2367 GBP

2.5p ordinary

Sale

16

10.1547 GBP

2.5p ordinary

Sale

31

10.2399 GBP

2.5p ordinary

Sale

137

10.2629 GBP

2.5p ordinary

Sale

276

10.2234 GBP

2.5p ordinary

Sale

288

10.1983 GBP

2.5p ordinary

Sale

298

10.2428 GBP

2.5p ordinary

Sale

180

10.2130 GBP

2.5p ordinary

Sale

1,156

10.2311 GBP

2.5p ordinary

Sale

3,485

10.2197 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

31

10.2399 GBP

2.5p ordinary

 SWAP

Long

137

10.2629 GBP

2.5p ordinary

 SWAP

Long

276

10.2234 GBP

2.5p ordinary

 CFD

Long

288

10.1983 GBP

2.5p ordinary

 SWAP

Long

298

10.2428 GBP

2.5p ordinary

 CFD

Long

180

10.2130 GBP

2.5p ordinary

 SWAP

Long

428

10.2279 GBP

2.5p ordinary

 SWAP

Long

428

10.2282 GBP

2.5p ordinary

 SWAP

Long

1,019

10.1840 GBP

2.5p ordinary

 SWAP

Long

1,220

10.2359 GBP

2.5p ordinary

 SWAP

Long

1,246

10.2332 GBP

2.5p ordinary

 SWAP

Short

47

10.1800 GBP

2.5p ordinary

 SWAP

Short

106

10.0592 GBP

2.5p ordinary

 SWAP

Short

135

10.2313 GBP

2.5p ordinary

 SWAP

Short

141

10.2218 GBP

2.5p ordinary

 SWAP

Short

193

10.2128 GBP

2.5p ordinary

 SWAP

Short

350

10.2267 GBP

2.5p ordinary

 CFD

Short

379

10.2408 GBP

2.5p ordinary

 CFD

Short

446

10.2233 GBP

2.5p ordinary

 CFD

Short

700

10.2400 GBP

2.5p ordinary

 SWAP

Short

1,291

10.2400 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