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:	01 December 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:	786,572	0.13%	7,247,277	1.18%
(2)	Cash-settled derivatives:
		6,972,530	1.14%	645,702	0.11%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:	0	0.00%	0	0.00%
	TOTAL:	7,759,102	1.26%	7,892,979	1.29%

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	2.2160 GBP
5p ordinary	Purchase	1	2.1660 GBP
5p ordinary	Purchase	6	2.1963 GBP
5p ordinary	Purchase	29	2.1943 GBP
5p ordinary	Purchase	30	2.1932 GBP
5p ordinary	Purchase	88	2.1500 GBP
5p ordinary	Purchase	147	2.2080 GBP
5p ordinary	Purchase	511	2.1960 GBP
5p ordinary	Purchase	531	2.1737 GBP
5p ordinary	Purchase	909	2.1862 GBP
5p ordinary	Purchase	1,000	2.1981 GBP
5p ordinary	Purchase	2,599	2.1987 GBP
5p ordinary	Purchase	3,500	2.1600 GBP
5p ordinary	Purchase	3,500	2.1599 GBP
5p ordinary	Purchase	7,169	2.2020 GBP
5p ordinary	Purchase	14,458	2.2019 GBP
5p ordinary	Purchase	14,664	2.1952 GBP
5p ordinary	Purchase	24,710	2.1888 GBP
5p ordinary	Purchase	31,653	2.1893 GBP
5p ordinary	Sale	1	2.2060 GBP
5p ordinary	Sale	4	2.2019 GBP
5p ordinary	Sale	37	2.2000 GBP
5p ordinary	Sale	37	2.1980 GBP
5p ordinary	Sale	88	2.1947 GBP
5p ordinary	Sale	147	2.2080 GBP
5p ordinary	Sale	179	2.1952 GBP
5p ordinary	Sale	531	2.1740 GBP
5p ordinary	Sale	2,525	2.1990 GBP
5p ordinary	Sale	2,995	2.1835 GBP
5p ordinary	Sale	4,547	2.1840 GBP
5p ordinary	Sale	6,744	2.1912 GBP
5p ordinary	Sale	7,000	2.1600 GBP
5p ordinary	Sale	7,500	2.1928 GBP
5p ordinary	Sale	12,544	2.2020 GBP
5p ordinary	Sale	13,524	2.1804 GBP
5p ordinary	Sale	14,437	2.2021 GBP
5p ordinary	Sale	133,088	2.1923 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	1	2.2059 GBP
5p ordinary	SWAP	Long	4	2.2019 GBP
5p ordinary	CFD	Long	179	2.1952 GBP
5p ordinary	SWAP	Long	344	2.1969 GBP
5p ordinary	CFD	Long	7,500	2.1928 GBP
5p ordinary	CFD	Long	8,114	2.1995 GBP
5p ordinary	SWAP	Long	8,903	2.1923 GBP
5p ordinary	CFD	Long	12,544	2.2020 GBP
5p ordinary	SWAP	Long	14,586	2.1764 GBP
5p ordinary	SWAP	Long	19,745	2.1726 GBP
5p ordinary	SWAP	Long	36,601	2.1950 GBP
5p ordinary	SWAP	Long	68,058	2.1961 GBP
5p ordinary	SWAP	Short	160	2.2005 GBP
5p ordinary	SWAP	Short	363	2.1682 GBP
5p ordinary	SWAP	Short	828	2.1702 GBP
5p ordinary	CFD	Short	1,000	2.1981 GBP
5p ordinary	SWAP	Short	5,668	2.1830 GBP
5p ordinary	SWAP	Short	10,919	2.1849 GBP
5p ordinary	SWAP	Short	14,301	2.1959 GBP
5p ordinary	SWAP	Short	19,042	2.1905 GBP
5p ordinary	SWAP	Short	21,166	2.1922 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:				2 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/20211202005497/en/