Rule 8.1 - SkillSoft plc

Rule 8.1 - SkillSoft plc

Barclays PLC

IRISH TAKEOVER PANEL

FORM 8.1

DISCLOSURE UNDER RULE 8.1 (a) AND (B) (i) OF THE IRISH TAKEOVER PANEL ACT 1997, TAKEOVER RULES, 2007 (AS AMENDED)

DEALINGS BY OFFERORS, OFFEREES

OR THEIR ASSOCIATES

FOR THEMSELVES OR FOR DISCRETIONARY CLIENTS

1. KEY INFORMATION

Name of person dealing (Note 1)	Â	Barclays Plc
Company dealt in		Skillsoft Plc
Class of relevant security to which the dealings being disclosed relate (Note 2)		ADR
Date of dealing		19 February 2010

2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3)

Â	Â	Long	Â	Short
Â		Number (%)		Number (%)
(1) Relevant securities		82,163 (0.09)		Â
(2) Derivatives (other than options)		Â		Â
(3) Options and agreements to purchase/sell		1,600 (0.00)		2,600 (0.00)
Total		83,763 (0.09)		2,600 (0.00)

(b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3)

Class of relevant security:	Â	Long	Â	Short
Â		Number (%)		Number (%)
(1) Relevant securities		Â		Â
(2) Derivatives (other than options)		Â		Â
(3) Options and agreements to purchase/sell		Â		Â
Total		Â		Â

(c) Rights to subscribe (Note 3)

Class of relevant security:

Â

Details

3. DEALINGS (Note 4)

(a) Purchases and sales

Purchase/sale

Â

Number of securities

Â

Price per unit (Note 5)

(b) Derivatives transactions (other than options)

Product name, e.g. CFD

Â

Long/short (Note 6)

Â

Number of securities (Note 7)

Â

Price per unit (Note 5)

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Product name, e.g. call option

Â

Writing, selling, purchasing, varying etc.

Â

Number of securities to which the option relates (Note 7)

Â

Exercise price

Â

Type, e.g. American, European etc.

Â

Expiry date

Â

Option money paid/received per unit (Note 5)

(ii) Exercising

Product name, e.g. call option	Â	Number of securities	Â	Exercise price per unit (Note 5)
Call Option		3,900		10 USD

(d) Other dealings (including new securities) (Note 4)

Nature of transaction (Note 8)

Â

Details

Â

Price per unit (if applicable) (Note 5)

4. OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.

Is a Supplemental Form 8 attached? (Note 9) YES

Date of disclosure	Â	23 February 2010
Contact name		James Gibson
Telephone number		0207 116 7308
Name of offeree/offeror with which associated		SSI
Specify category and nature of associate status (Note 10)		Advisor

SUPPLEMENTAL FORM 8

DETAILS OF OPEN POSITIONS

(This form should be attached to Form 8.1, Form 8.1(b)(ii) or Form 8.3, as appropriate)

OPEN POSITIONS (Note 1)

Product name, e.g. call option	Â	Written or purchased	Â	Number of securities to which the option or derivative relates	Â	Exercise price (Note 2)	Â	Type, e.g. American, European etc.	Â	Expiry date
Put Option		Written		500		7.5		American		21/08/2010
Call Option		Purchased		1,100		10		American		22/05/2010
Call Option		Written		400		12.5		American		21/08/2010
Call Option		Written		2,200		12.5		American		22/05/2010

Notes

1. Where there are open option positions or open derivative positions (except for CFDs), full details should be given. Full details of any existing agreements to purchase or to sell should also be given on this form.

2. For all prices and other monetary amounts, the currency must be stated.