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 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:				03 November 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:		1,601,706	0.26%	5,176,744	0.84%
(2)	Cash-settled derivatives:
			4,738,895	0.77%	1,416,437	0.23%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:		0	0.00%	0	0.00%
	TOTAL:		6,340,601	1.03%	6,593,181	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		1		2.2920 GBP
5p ordinary		Purchase		509		2.3000 GBP
5p ordinary		Purchase		709		2.3010 GBP
5p ordinary		Purchase		1,018		2.2960 GBP
5p ordinary		Purchase		1,018		2.2990 GBP
5p ordinary		Purchase		3,670		2.2948 GBP
5p ordinary		Purchase		12,756		2.3033 GBP
5p ordinary		Purchase		15,867		2.2922 GBP
5p ordinary		Purchase		17,763		2.3022 GBP
5p ordinary		Purchase		61,190		2.3016 GBP
5p ordinary		Sale		282		2.2948 GBP
5p ordinary		Sale		578		2.2985 GBP
5p ordinary		Sale		655		2.2958 GBP
5p ordinary		Sale		1,141		2.3067 GBP
5p ordinary		Sale		1,229		2.3038 GBP
5p ordinary		Sale		1,283		2.2993 GBP
5p ordinary		Sale		1,832		2.2964 GBP
5p ordinary		Sale		2,544		2.3116 GBP
5p ordinary		Sale		3,159		2.2919 GBP
5p ordinary		Sale		3,287		2.3027 GBP
5p ordinary		Sale		4,651		2.3047 GBP
5p ordinary		Sale		4,989		2.2946 GBP
5p ordinary		Sale		8,425		2.2950 GBP
5p ordinary		Sale		14,239		2.2921 GBP
5p ordinary		Sale		32,724		2.2920 GBP
5p ordinary		Sale		67,315		2.2975 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		282	2.2948 GBP
5p ordinary		SWAP		Long		578	2.2985 GBP
5p ordinary		SWAP		Long		655	2.2958 GBP
5p ordinary		SWAP		Long		713	2.2964 GBP
5p ordinary		SWAP		Long		928	2.3118 GBP
5p ordinary		SWAP		Long		1,229	2.3038 GBP
5p ordinary		SWAP		Long		1,283	2.2993 GBP
5p ordinary		SWAP		Long		1,616	2.3116 GBP
5p ordinary		SWAP		Long		3,003	2.3150 GBP
5p ordinary		SWAP		Long		3,159	2.2919 GBP
5p ordinary		CFD		Long		3,716	2.2876 GBP
5p ordinary		SWAP		Long		4,755	2.2950 GBP
5p ordinary		SWAP		Long		4,989	2.2946 GBP
5p ordinary		CFD		Long		7,169	2.2920 GBP
5p ordinary		SWAP		Long		8,324	2.3001 GBP
5p ordinary		SWAP		Long		11,348	2.3053 GBP
5p ordinary		CFD		Long		22,336	2.2918 GBP
5p ordinary		SWAP		Long		24,104	2.2998 GBP
5p ordinary		CFD		Short		1	2.2900 GBP
5p ordinary		SWAP		Short		200	2.3010 GBP
5p ordinary		SWAP		Short		3,800	2.3062 GBP
5p ordinary		SWAP		Short		5,329	2.3040 GBP
5p ordinary		SWAP		Short		7,159	2.3032 GBP
5p ordinary		SWAP		Short		13,963	2.3012 GBP
5p ordinary		SWAP		Short		14,960	2.2920 GBP
5p ordinary		SWAP		Short		19,781	2.3079 GBP
5p ordinary		SWAP		Short		26,717	2.3022 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:				4 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.

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