Form 8.3 - NATIONAL EXPRESS GROUP PLC

Form 8.3 - NATIONAL EXPRESS GROUP PLC

BARCLAYS 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:	Barclays 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 whose relevant securities this form relates: Use a separate form for each offeror/offeree	NATIONAL EXPRESS GROUP PLC
(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: For an opening position disclosure, state the latest practicable date prior to the disclosure	22 Dec 2021
(f) In addition to the company in 1(c) above, 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”	YES : 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:		621,335	0.10%	9,369,242	1.53%
(2)	Cash-settled derivatives:
			9,071,472	1.48%	258,634	0.04%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:		0	0.00%	0	0.00%
(4)
	TOTAL:		9,692,807	1.58%	9,627,876	1.57%

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		563		2.3560 GBP
5p ordinary		Purchase		563		2.4340 GBP
5p ordinary		Purchase		592		2.3540 GBP
5p ordinary		Purchase		1,168		2.4045 GBP
5p ordinary		Purchase		1,271		2.3965 GBP
5p ordinary		Purchase		1,493		2.4267 GBP
5p ordinary		Purchase		1,536		2.4420 GBP
5p ordinary		Purchase		1,548		2.3956 GBP
5p ordinary		Purchase		1,837		2.4071 GBP
5p ordinary		Purchase		3,119		2.4218 GBP
5p ordinary		Purchase		3,456		2.4064 GBP
5p ordinary		Purchase		4,942		2.4193 GBP
5p ordinary		Purchase		5,071		2.3750 GBP
5p ordinary		Purchase		5,161		2.3872 GBP
5p ordinary		Purchase		5,391		2.4238 GBP
5p ordinary		Purchase		7,866		2.4148 GBP
5p ordinary		Purchase		10,010		2.4121 GBP
5p ordinary		Purchase		11,023		2.4285 GBP
5p ordinary		Purchase		12,128		2.4118 GBP
5p ordinary		Purchase		17,066		2.4115 GBP
5p ordinary		Purchase		23,195		2.4127 GBP
5p ordinary		Purchase		32,043		2.4240 GBP
5p ordinary		Purchase		40,051		2.4252 GBP
5p ordinary		Purchase		61,225		2.3961 GBP
5p ordinary		Purchase		92,618		2.4188 GBP
5p ordinary		Sale		51		2.4321 GBP
5p ordinary		Sale		323		2.4102 GBP
5p ordinary		Sale		360		2.3830 GBP
5p ordinary		Sale		563		2.3560 GBP
5p ordinary		Sale		621		2.4180 GBP
5p ordinary		Sale		805		2.3820 GBP
5p ordinary		Sale		1,225		2.4140 GBP
5p ordinary		Sale		1,236		2.4080 GBP
5p ordinary		Sale		1,548		2.3956 GBP
5p ordinary		Sale		2,170		2.4240 GBP
5p ordinary		Sale		2,252		2.4332 GBP
5p ordinary		Sale		2,364		2.4110 GBP
5p ordinary		Sale		2,722		2.4100 GBP
5p ordinary		Sale		2,907		2.4220 GBP
5p ordinary		Sale		3,298		2.4163 GBP
5p ordinary		Sale		3,321		2.3880 GBP
5p ordinary		Sale		3,620		2.3851 GBP
5p ordinary		Sale		3,932		2.3876 GBP
5p ordinary		Sale		7,215		2.4133 GBP
5p ordinary		Sale		9,578		2.3793 GBP
5p ordinary		Sale		15,817		2.4228 GBP
5p ordinary		Sale		16,378		2.4249 GBP
5p ordinary		Sale		18,365		2.3999 GBP
5p ordinary		Sale		48,324		2.4157 GBP
5p ordinary		Sale		48,970		2.4156 GBP
5p ordinary		Sale		75,395		2.4093 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		23	2.3799 GBP
5p ordinary		CFD		Long		72	2.4248 GBP
5p ordinary		SWAP		Long		86	2.3785 GBP
5p ordinary		CFD		Long		2,170	2.4240 GBP
5p ordinary		SWAP		Long		2,907	2.4220 GBP
5p ordinary		CFD		Long		4,189	2.4101 GBP
5p ordinary		SWAP		Long		7,192	2.4134 GBP
5p ordinary		SWAP		Long		9,468	2.4125 GBP
5p ordinary		SWAP		Long		12,283	2.4177 GBP
5p ordinary		CFD		Long		16,306	2.4249 GBP
5p ordinary		SWAP		Long		16,386	2.4232 GBP
5p ordinary		SWAP		Long		17,110	2.4339 GBP
5p ordinary		CFD		Long		26,250	2.4133 GBP
5p ordinary		SWAP		Long		31,774	2.4058 GBP
5p ordinary		SWAP		Long		48,324	2.4157 GBP
5p ordinary		SWAP		Short		657	2.4419 GBP
5p ordinary		SWAP		Short		737	2.4241 GBP
5p ordinary		SWAP		Short		2,792	2.4305 GBP
5p ordinary		SWAP		Short		5,620	2.4097 GBP
5p ordinary		SWAP		Short		6,508	2.4136 GBP
5p ordinary		SWAP		Short		8,444	2.4084 GBP
5p ordinary		SWAP		Short		8,622	2.4145 GBP
5p ordinary		CFD		Short		11,023	2.4285 GBP
5p ordinary		SWAP		Short		12,337	2.4235 GBP
5p ordinary		SWAP		Short		13,940	2.4194 GBP
5p ordinary		SWAP		Short		18,386	2.4234 GBP
5p ordinary		CFD		Short		21,045	2.3944 GBP
5p ordinary		CFD		Short		32,043	2.4239 GBP
5p ordinary		CFD		Short		38,833	2.4241 GBP
5p ordinary		SWAP		Short		41,805	2.4169 GBP
5p ordinary		SWAP		Short		46,676	2.4176 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?

YES/NO

Date of disclosure:	23 DEC 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/20211223005202/en/