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	02 Nov 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:		1,610,047	0.26%	5,151,253	0.84%
(2)	Cash-settled derivatives:
			4,708,001	0.77%	1,393,820	0.23%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:		0	0.00%	0	0.00%
(4)
	TOTAL:		6,318,048	1.03%	6,545,073	1.07%

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		5		2.3060 GBP
5p ordinary		Purchase		14		2.3122 GBP
5p ordinary		Purchase		360		2.3020 GBP
5p ordinary		Purchase		550		2.3120 GBP
5p ordinary		Purchase		592		2.3000 GBP
5p ordinary		Purchase		1,273		2.3125 GBP
5p ordinary		Purchase		1,681		2.3143 GBP
5p ordinary		Purchase		1,835		2.3160 GBP
5p ordinary		Purchase		1,835		2.3058 GBP
5p ordinary		Purchase		2,629		2.3075 GBP
5p ordinary		Purchase		2,790		2.3151 GBP
5p ordinary		Purchase		4,385		2.3080 GBP
5p ordinary		Purchase		4,701		2.3168 GBP
5p ordinary		Purchase		4,750		2.3100 GBP
5p ordinary		Purchase		10,991		2.3040 GBP
5p ordinary		Purchase		25,000		2.3200 GBP
5p ordinary		Purchase		27,060		2.3130 GBP
5p ordinary		Purchase		32,870		2.3083 GBP
5p ordinary		Sale		1		2.3020 GBP
5p ordinary		Sale		10		2.3150 GBP
5p ordinary		Sale		19		2.3108 GBP
5p ordinary		Sale		41		2.3136 GBP
5p ordinary		Sale		42		2.3105 GBP
5p ordinary		Sale		45		2.3148 GBP
5p ordinary		Sale		54		2.3096 GBP
5p ordinary		Sale		72		2.3080 GBP
5p ordinary		Sale		105		2.3100 GBP
5p ordinary		Sale		141		2.3082 GBP
5p ordinary		Sale		161		2.3039 GBP
5p ordinary		Sale		372		2.3058 GBP
5p ordinary		Sale		511		2.3180 GBP
5p ordinary		Sale		638		2.3160 GBP
5p ordinary		Sale		951		2.3106 GBP
5p ordinary		Sale		1,403		2.3073 GBP
5p ordinary		Sale		1,921		2.3145 GBP
5p ordinary		Sale		2,264		2.3138 GBP
5p ordinary		Sale		2,513		2.3204 GBP
5p ordinary		Sale		2,633		2.3098 GBP
5p ordinary		Sale		4,870		2.3041 GBP
5p ordinary		Sale		5,620		2.3099 GBP
5p ordinary		Sale		14,222		2.3079 GBP
5p ordinary		Sale		25,000		2.3200 GBP
5p ordinary		Sale		27,589		2.3119 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		5	2.3159 GBP
5p ordinary		SWAP		Long		10	2.3148 GBP
5p ordinary		SWAP		Long		40	2.3147 GBP
5p ordinary		SWAP		Long		41	2.3137 GBP
5p ordinary		SWAP		Long		42	2.3105 GBP
5p ordinary		SWAP		Long		72	2.3079 GBP
5p ordinary		SWAP		Long		102	2.3300 GBP
5p ordinary		SWAP		Long		107	2.3098 GBP
5p ordinary		SWAP		Long		161	2.3039 GBP
5p ordinary		CFD		Long		1,135	2.3080 GBP
5p ordinary		SWAP		Long		1,454	2.3109 GBP
5p ordinary		SWAP		Long		2,513	2.3204 GBP
5p ordinary		CFD		Long		4,465	2.3176 GBP
5p ordinary		SWAP		Long		4,616	2.3127 GBP
5p ordinary		SWAP		Long		5,620	2.3099 GBP
5p ordinary		CFD		Long		13,087	2.3079 GBP
5p ordinary		SWAP		Long		21,648	2.3111 GBP
5p ordinary		SWAP		Short		61	2.3130 GBP
5p ordinary		SWAP		Short		520	2.3099 GBP
5p ordinary		SWAP		Short		1,011	2.3062 GBP
5p ordinary		SWAP		Short		2,167	2.3139 GBP
5p ordinary		SWAP		Short		2,611	2.3145 GBP
5p ordinary		SWAP		Short		2,729	2.3151 GBP
5p ordinary		CFD		Short		6,054	2.3040 GBP
5p ordinary		SWAP		Short		9,200	2.3170 GBP
5p ordinary		SWAP		Short		9,360	2.3047 GBP
5p ordinary		SWAP		Short		15,346	2.3061 GBP
5p ordinary		SWAP		Short		22,076	2.3133 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:	3 Nov 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/20211103005704/en/