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	23 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:		606,936	0.10%	9,514,079	1.55%
(2)	Cash-settled derivatives:
			9,205,408	1.50%	258,617	0.04%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:		0	0.00%	0	0.00%
(4)
	TOTAL:		9,812,344	1.60%	9,772,696	1.59%

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		80		2.4780 GBP
5p ordinary		Purchase		93		2.4540 GBP
5p ordinary		Purchase		258		2.4520 GBP
5p ordinary		Purchase		827		2.4955 GBP
5p ordinary		Purchase		1,526		2.4860 GBP
5p ordinary		Purchase		2,574		2.5020 GBP
5p ordinary		Purchase		3,400		2.5260 GBP
5p ordinary		Purchase		3,589		2.4802 GBP
5p ordinary		Purchase		9,676		2.4971 GBP
5p ordinary		Purchase		29,423		2.4909 GBP
5p ordinary		Purchase		44,994		2.5120 GBP
5p ordinary		Sale		93		2.4542 GBP
5p ordinary		Sale		382		2.5121 GBP
5p ordinary		Sale		561		2.5020 GBP
5p ordinary		Sale		567		2.4600 GBP
5p ordinary		Sale		1,268		2.4921 GBP
5p ordinary		Sale		1,268		2.4991 GBP
5p ordinary		Sale		1,272		2.5087 GBP
5p ordinary		Sale		2,574		2.5022 GBP
5p ordinary		Sale		2,948		2.5042 GBP
5p ordinary		Sale		3,076		2.5002 GBP
5p ordinary		Sale		3,328		2.5041 GBP
5p ordinary		Sale		3,400		2.5260 GBP
5p ordinary		Sale		4,590		2.4815 GBP
5p ordinary		Sale		6,662		2.4998 GBP
5p ordinary		Sale		10,156		2.5021 GBP
5p ordinary		Sale		25,363		2.5119 GBP
5p ordinary		Sale		29,813		2.5120 GBP
5p ordinary		Sale		33,748		2.4869 GBP
5p ordinary		Sale		48,324		2.4987 GBP
5p ordinary		Sale		76,283		2.5045 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		34	2.4539 GBP
5p ordinary		SWAP		Long		38	2.5118 GBP
5p ordinary		SWAP		Long		309	2.4733 GBP
5p ordinary		SWAP		Long		584	2.4960 GBP
5p ordinary		SWAP		Long		947	2.4710 GBP
5p ordinary		SWAP		Long		2,001	2.5199 GBP
5p ordinary		CFD		Long		2,279	2.5118 GBP
5p ordinary		SWAP		Long		4,212	2.5012 GBP
5p ordinary		SWAP		Long		4,590	2.4815 GBP
5p ordinary		CFD		Long		5,736	2.5119 GBP
5p ordinary		SWAP		Long		10,352	2.4988 GBP
5p ordinary		SWAP		Long		12,301	2.4978 GBP
5p ordinary		SWAP		Long		12,784	2.5120 GBP
5p ordinary		CFD		Long		19,223	2.4916 GBP
5p ordinary		SWAP		Long		23,167	2.5112 GBP
5p ordinary		CFD		Long		23,679	2.5045 GBP
5p ordinary		SWAP		Long		29,227	2.4850 GBP
5p ordinary		SWAP		Long		48,324	2.4987 GBP
5p ordinary		SWAP		Short		110	2.4794 GBP
5p ordinary		SWAP		Short		639	2.4901 GBP
5p ordinary		SWAP		Short		717	2.4980 GBP
5p ordinary		CFD		Short		1,859	2.5120 GBP
5p ordinary		SWAP		Short		2,849	2.4995 GBP
5p ordinary		CFD		Short		3,248	2.4569 GBP
5p ordinary		SWAP		Short		4,667	2.4875 GBP
5p ordinary		SWAP		Short		6,827	2.4962 GBP
5p ordinary		SWAP		Short		9,186	2.4813 GBP
5p ordinary		SWAP		Short		17,056	2.5003 GBP
5p ordinary		CFD		Short		18,676	2.5119 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:	24 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/20211224005063/en/