Form 8.3 - NCC Group PLC

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:                    Montanaro UK Smaller Companies
                                               Investment Trust PLC          
                                                                             
(b) Owner or controller of interests and short                               
positions disclosed, if different from 1(a):                                 
                                                                             
The naming of nominee or vehicle companies is                                
insufficient. For a trust, the trustee(s),                                   
settlor and beneficiaries must be named.                                     
                                                                             
(c) Name of offeror/offeree in relation to     NCC Group PLC                 
whose relevant securities this form relates:                                 
                                                                             
Use a separate form for each offeror/offeree                                 
                                                                             
(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:     25/03/2015                    
                                                                             
For an opening position disclosure, state the                                
latest practicable date prior to the                                         
disclosure                                                                   
                                                                             
(f) In addition to the company in 1(c) above,  NO                            
is the discloser making disclosures in respect                               
of any other party to the offer?                                             
                                                                             
If it is a cash offer or possible cash offer,                                
state "N/A"                                                                  

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one
class of relevant securities of the offeror or offeree named in 1(c), copy
table 2(a) or (b) (as appropriate) for each additional class of relevant
security.

(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:                     1p ordinary                  
                                                                             
                                     Interests            Short positions    
                                                                             
                                    Number        %        Number         %  
                                                                             
(1) Relevant securities owned     3,112,500     1.49                         
and/or controlled:                                                           
                                                                             
(2) Cash-settled derivatives:                                                
                                                                             
(3) Stock-settled derivatives                                                
(including options) and                                                      
agreements to purchase/sell:                                                 
                                                                             
TOTAL:                            3,112,500     1.49                         

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded
options), or agreements to purchase or sell relevant securities, should be
given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors' and other 
employee 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

Where there have been dealings in more than one class of relevant securities of
the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as
appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

 Class of relevant    Purchase/sale         Number of        Price per unit  
     security                              securities                        
                                                                             

(b) Cash-settled derivative transactions

   Class of      Product      Nature of dealing     Number of     Price per  
   relevant    description                          reference       unit     
   security                 e.g. opening/closing a  securities               
                 e.g. CFD    long/short position,                            
                            increasing/reducing a                            
                             long/short position                             
                                                                             

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of   Product    Writing,   Number of  Exercise   Type    Expiry   Option 
relevant description purchasing, securities  price              date    money  
security  e.g. call   selling,    to which  per unit   e.g.             paid/  
           option      varying     option            American,         received
                        etc.      relates            European          per unit
                                                       etc.                    
                                                                               

(ii) Exercise

   Class of        Product       Exercising/     Number of     Exercise price  
   relevant      description      exercised      securities       per unit     
   security                        against                                     
                  e.g. call                                                    
                    option                                                     
                                                                               

(d) Other dealings (including subscribing for new securities)

Class of relevant    Nature of dealing          Details       Price per unit 
    security                                                 (if applicable) 
                     e.g. subscription,                                      
                         conversion                                          
                                                                             

4. OTHER INFORMATION

(a) Indemnity and other dealing 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:                                           
                                                                             
Irrevocable commitments and letters of intent should not be included. If     
there are no such agreements, arrangements or understandings, state "none"   
                                                                             
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 or future acquisition or disposal of any relevant     
securities to which any derivative is referenced:                            
                                                                             
If there are no such agreements, arrangements or understandings, state "none"
                                                                             
none                                                                         

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?                 NO       

Date of disclosure:                    26.03.2015                            
                                                                             
Contact name:                          James Rice                            
                                                                             
Telephone number:                      01392 477583                          

Public disclosures under Rule 8 of the Code must be made to a Regulatory
Information Service and must also be emailed to the Takeover Panel at 
[e-mail] . The Panel's Market Surveillance Unit is
available for consultation in relation to the Code's disclosure requirements on
[phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.