30 Jan 2025 15:03
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: | Â | Barclays PLC. | ||||
(b) | Owner or controller of interest and short | Â | |||||
 | positions disclosed, if different from 1(a): | ||||||
(c) | Name of offeror/offeree in relation to whose | LEARNING TECHNOLOGIES GROUP PLC | |||||
 | relevant securities this form relates: | ||||||
(d) | If an exempt fund manager connected with an | Â | |||||
 | offeror/offeree, state this and specify identity of | ||||||
 | offeror/offeree: | ||||||
(e) | Date position held/dealing undertaken: | 29 Jan 2025 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making | NO | Â | Â | |||
 | disclosures in respect of any other party to the offer? |  |  | ||||
2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree | Â | |||||
 | to which the disclosure relates following the dealing(if any) |  | |||||
Class of relevant security: | 0.375p ordinary | ||||||
 | Interests | Short Positions | |||||
 | Number | (%) | Number | (%) | |||
(1) | Relevant securities owned | Â | Â | Â | Â | ||
 | and/or controlled: |  |  | 5,107,207 | 0.64% | 794,022 | 0.10% |
(2) | Cash-settled derivatives: | Â | Â | Â | Â | ||
 | and/or controlled: |  |  | 3,093,690 | 0.39% | 2,042,000 | 0.26% |
(3) | Stock-settled derivatives (including options) | Â | Â | Â | Â | ||
 | and agreements to purchase/sell: |  |  | 0 | 0.00% | 0 | 0.00% |
 |  |  |  |  |  |  |  |
 | TOTAL: |  |  | 8,200,897 | 1.03% | 2,836,022 | 0.36% |
(b) | Rights to subscribe for new securities (including directors and other executive | Â | |||||
 | options) |  |  |  |  |  |  |
Class of relevant security in relation to | Â | Â | Â | Â | |||
which subscription right exists | Â | Â | Â | Â | |||
Details, including nature of the rights | Â | Â | Â | Â | |||
concerned and relevant percentages: | Â | Â | Â | Â | |||
3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales | Â | Â | Â | Â | Â | |
Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security | Â | securities | Â | ||||
0.375p ordinary | Purchase | 500,000 | 0.8354 GBP | ||||
0.375p ordinary | Purchase | 251,290 | 0.8548 GBP | ||||
0.375p ordinary | Purchase | 200,000 | 0.8400 GBP | ||||
0.375p ordinary | Purchase | 180,222 | 0.8670 GBP | ||||
0.375p ordinary | Purchase | 161,678 | 0.8543 GBP | ||||
0.375p ordinary | Purchase | 120,143 | 0.8534 GBP | ||||
0.375p ordinary | Purchase | 44,911 | 0.8594 GBP | ||||
0.375p ordinary | Purchase | 29,640 | 0.8473 GBP | ||||
0.375p ordinary | Purchase | 20,096 | 0.8685 GBP | ||||
0.375p ordinary | Purchase | 13,758 | 0.8611 GBP | ||||
0.375p ordinary | Purchase | 13,033 | 0.8635 GBP | ||||
0.375p ordinary | Purchase | 12,484 | 0.8575 GBP | ||||
0.375p ordinary | Purchase | 12,103 | 0.8588 GBP | ||||
0.375p ordinary | Purchase | 6,666 | 0.8690 GBP | ||||
0.375p ordinary | Purchase | 5,000 | 0.8420 GBP | ||||
0.375p ordinary | Purchase | 4,000 | 0.8840 GBP | ||||
0.375p ordinary | Purchase | 3,936 | 0.8700 GBP | ||||
0.375p ordinary | Sale | 2,000,000 | 0.8396 GBP | ||||
0.375p ordinary | Sale | 200,000 | 0.8400 GBP | ||||
0.375p ordinary | Sale | 89,900 | 0.8554 GBP | ||||
0.375p ordinary | Sale | 77,021 | 0.8662 GBP | ||||
0.375p ordinary | Sale | 76,936 | 0.8630 GBP | ||||
0.375p ordinary | Sale | 43,031 | 0.8671 GBP | ||||
0.375p ordinary | Sale | 28,333 | 0.8684 GBP | ||||
0.375p ordinary | Sale | 21,408 | 0.8494 GBP | ||||
0.375p ordinary | Sale | 19,599 | 0.8670 GBP | ||||
0.375p ordinary | Sale | 16,709 | 0.8690 GBP | ||||
0.375p ordinary | Sale | 6,336 | 0.8669 GBP | ||||
0.375p ordinary | Sale | 5,000 | 0.8420 GBP | ||||
0.375p ordinary | Sale | 5,000 | 0.8590 GBP | ||||
0.375p ordinary | Sale | 4,941 | 0.8490 GBP | ||||
0.375p ordinary | Sale | 3,936 | 0.8700 GBP | ||||
0.375p ordinary | Sale | 2,726 | 0.8569 GBP | ||||
 |  |  |  |  |  |  |  |
(b) | Cash-settled derivative transactions | Â | |||||
Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description | Â | reference | unit | |||
security | Â | Â | securities | Â | |||
0.375p ordinary | SWAP | Increasing Long | 21,408 | 0.8494 GBP | |||
0.375p ordinary | SWAP | Increasing Long | 178 | 0.8500 GBP | |||
0.375p ordinary | SWAP | Increasing Long | 2,726 | 0.8570 GBP | |||
0.375p ordinary | SWAP | Increasing Long | 76,936 | 0.8630 GBP | |||
0.375p ordinary | SWAP | Increasing Long | 47,040 | 0.8669 GBP | |||
0.375p ordinary | SWAP | Increasing Long | 68,448 | 0.8672 GBP | |||
0.375p ordinary | SWAP | Increasing Long | 12,370 | 0.8689 GBP | |||
0.375p ordinary | SWAP | Decreasing Long | 500,000 | 0.8354 GBP | |||
0.375p ordinary | SWAP | Decreasing Long | 137,762 | 0.8529 GBP | |||
0.375p ordinary | SWAP | Decreasing Long | 120,143 | 0.8534 GBP | |||
0.375p ordinary | SWAP | Decreasing Long | 251,290 | 0.8548 GBP | |||
0.375p ordinary | SWAP | Decreasing Long | 13,758 | 0.8611 GBP | |||
0.375p ordinary | SWAP | Decreasing Long | 13,033 | 0.8635 GBP | |||
0.375p ordinary | SWAP | Decreasing Long | 196,444 | 0.8670 GBP | |||
0.375p ordinary | SWAP | Decreasing Long | 1 | 0.8700 GBP | |||
0.375p ordinary | CFD | Decreasing Short | 4,000,000 | 0.8395 GBP | |||
0.375p ordinary | CFD | Decreasing Short | 3,385 | 0.8428 GBP | |||
0.375p ordinary | CFD | Decreasing Short | 3,385 | 0.8429 GBP | |||
0.375p ordinary | CFD | Opening Long | 2,104,708 | 0.8795 GBP | |||
0.375p ordinary | CFD | Opening Short | 2,000,000 | 0.8395 GBP | |||
0.375p ordinary | CFD | Increasing Short | 3,385 | 0.8428 GBP | |||
0.375p ordinary | CFD | Increasing Short | 2,684 | 0.8429 GBP | |||
 |  |  |  |  |  |  |  |
(c) | Stock-settled derivative transactions (including options) | Â | |||||
(i) | Writing, selling, purchasing or varying | Â | |||||
Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price | Â | date | money |
relevant | Â | selling, | securities | per unit | Â | Â | paid/ |
security | Â | varying etc | to which | Â | Â | Â | received |
 |  |  | option |  |  |  | per unit |
 |  |  | relates |  |  |  |  |
 |  |  |  |  |  |  |  |
 |  |  |  |  |  |  |  |
(ii) | Exercising | Â | Â | Â | Â | Â | Â |
Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security | Â | Â | securities | unit | |||
 |  |  |  |  | |||
 |  |  |  |  |  |  |  |
(d) | Other dealings (including subscribing for new securities) | Â | |||||
Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security | Â | Â | applicable) | ||||
 |  |  |  | ||||
4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements | Â | |||||
Details of any indemnity or option arrangement, or any agreement or understanding, | Â | Â | |||||
formal or informal, relating to relevant securities which may be an inducement to deal | Â | Â | |||||
or refrain from dealing entered into by the exempt principal trader making the disclosure and any party | Â | ||||||
to the offer or any person acting in concert with a party to the offer: | Â | Â | Â | ||||
NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives | Â | |||||
Details of any agreement, arrangement or understanding, formal or informal, between | Â | Â | |||||
the person making the disclosure and any other person relating to: | Â | Â | |||||
(i) the voting rights of any relevant securities under any option; or | Â | Â | Â | ||||
(ii) the voting rights of future acquisition or disposal of any relevant securities to which | Â | Â | |||||
any derivative is referenced: | Â | Â | Â | Â | Â | Â | |
NONE | |||||||
(c) | Attachments | Â | Â | Â | Â | Â | Â |
Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 30 Jan 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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