Form 8.3 - National Express Group plc - Amendment

Form 8.3 - National Express Group plc - Amendment

BARCLAYS PLC

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				NATIONAL EXPRESS 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:				14 October 2021
(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?				STAGECOACH GROUP PLC

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:			5p ordinary
			Interests		Short Positions
			Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:		1,458,868	0.24%	4,862,588	0.79%
(2)	Cash-settled derivatives:
			4,432,677	0.72%	1,441,332	0.23%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:		0	0.00%	0	0.00%
	TOTAL:		5,891,545	0.96%	6,303,920	1.03%

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
5p ordinary		Purchase		93		2.3420 GBP
5p ordinary		Purchase		542		2.3460 GBP
5p ordinary		Purchase		2,546		2.3440 GBP
5p ordinary		Purchase		3,687		2.3285 GBP
5p ordinary		Purchase		4,760		2.3300 GBP
5p ordinary		Purchase		5,262		2.3160 GBP
5p ordinary		Purchase		5,326		2.3253 GBP
5p ordinary		Purchase		16,987		2.3180 GBP
5p ordinary		Purchase		88,368		2.3205 GBP
5p ordinary		Sale		20		2.3400 GBP
5p ordinary		Sale		98		2.3380 GBP
5p ordinary		Sale		100		2.3421 GBP
5p ordinary		Sale		250		2.3260 GBP
5p ordinary		Sale		299		2.3181 GBP
5p ordinary		Sale		676		2.3430 GBP
5p ordinary		Sale		1,014		2.3331 GBP
5p ordinary		Sale		1,109		2.3434 GBP
5p ordinary		Sale		1,628		2.3213 GBP
5p ordinary		Sale		2,023		2.3301 GBP
5p ordinary		Sale		2,306		2.3368 GBP
5p ordinary		Sale		2,546		2.3440 GBP
5p ordinary		Sale		2,724		2.3354 GBP
5p ordinary		Sale		5,076		2.3253 GBP
5p ordinary		Sale		14,487		2.3345 GBP
5p ordinary		Sale		27,083		2.3238 GBP
5p ordinary		Sale		247,361		2.3376 GBP

(b) Cash-settled derivative transactions

Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
5p ordinary		SWAP		Long		361	2.3237 GBP
5p ordinary		SWAP		Long		1,596	2.3370 GBP
5p ordinary		SWAP		Long		2,321	2.3347 GBP
5p ordinary		SWAP		Long		2,724	2.3354 GBP
5p ordinary		SWAP		Long		3,239	2.3302 GBP
5p ordinary		SWAP		Long		4,736	2.3373 GBP
5p ordinary		SWAP		Long		7,826	2.3362 GBP
5p ordinary		SWAP		Long		12,520	2.3179 GBP
5p ordinary		SWAP		Long		12,967	2.3277 GBP
5p ordinary		SWAP		Long		247,361	2.3376 GBP
5p ordinary		CFD		Short		542	2.3463 GBP
5p ordinary		SWAP		Short		804	2.3300 GBP
5p ordinary		SWAP		Short		3,394	2.3312 GBP
5p ordinary		SWAP		Short		3,484	2.3257 GBP
5p ordinary		SWAP		Short		5,262	2.3160 GBP
5p ordinary		SWAP		Short		13,411	2.3315 GBP
5p ordinary		CFD		Short		16,688	2.3179 GBP
5p ordinary		CFD		Short		29,447	2.3181 GBP
5p ordinary		SWAP		Short		41,515	2.3180 GBP

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

(i) Writing, selling, purchasing or varying

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

(ii) Exercise

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

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

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

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:				20 Oct 2021
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on [phone].

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20211020005560/en/