Form 8.3 - Disclosure by Rathbones Group PLC regarding Learning Technologies Group Plc

On October 11, 2024, Rathbones Group PLC submitted a Form 8.3 regarding its interest in Learning Technologies Group Plc. This disclosure is part of regulatory requirements outlined in Rule 8.3 of the Takeover Code, which mandates that individuals or entities with significant interests in relevant securities inform the public.

Key Information About the Disclosure

This form contains essential details such as the name of the discloser and specifics about the securities involved. Rathbones Group PLC is the disclosing party, and this form pertains specifically to the interests held in relation to Learning Technologies Group Plc. The last date for the position held or any dealing undertaken was noted as October 10, 2024.

Positions Held by Rathbones Group PLC

As of the date mentioned, Rathbones Group PLC reports holding a total of 30,862,868 ordinary shares of Learning Technologies Group Plc. This number represents approximately 3.89% of the total relevant securities. There are no short positions disclosed in this context, reaffirming the focus on ownership rather than any speculative positions.

Details on Recent Dealings

Rathbones Group PLC has also engaged in recent transactions concerning the ordinary shares of Learning Technologies Group Plc. Specifically, they conducted sales of shares totaling 44,490 units at prices of 92.5p and 92.6p per unit. These dealings reflect the operational strategy and current market positioning of Rathbones in relation to Learning Technologies Group Plc shares.

Interests and Rights to Subscribe for New Securities

At this time, Rathbones has not disclosed any rights to subscribe for new securities nor any cash-settled or stock-settled derivatives, indicating a singular focus on existing equity interests. The absence of additional derivative transactions further highlights their straightforward investment approach.

Other Relevant Information

Furthermore, Rathbones Group PLC has stated that there are no agreements, indemnities, or arrangements that could influence their dealing decisions related to Learning Technologies Group Plc. This transparency assures market participants of the integrity of the disclosures made.

Conclusion and Contact Information

This Form 8.3 serves as an important tool for maintaining transparency in the financial markets, particularly concerning significant investments in publicly listed companies. The contact details provided allow relevant parties to reach out for further inquiries regarding these disclosures.

The report was filed by Chinwe Enyi from the Compliance Department, with a confirmed date of disclosure being October 11, 2024.

disclosure, securities, interest