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:				08 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:		1,475,640	0.24%	5,502,743	0.90%
(2)	Cash-settled derivatives:
			5,104,487	0.83%	1,211,674	0.20%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:		0	0.00%	0	0.00%
	TOTAL:		6,580,127	1.07%	6,714,417	1.09%

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		48		2.4101 GBP
5p ordinary		Purchase		556		2.4020 GBP
5p ordinary		Purchase		1,203		2.4080 GBP
5p ordinary		Purchase		2,016		2.4115 GBP
5p ordinary		Purchase		2,438		2.4089 GBP
5p ordinary		Purchase		2,703		2.4097 GBP
5p ordinary		Purchase		3,346		2.4069 GBP
5p ordinary		Purchase		3,526		2.4122 GBP
5p ordinary		Purchase		3,875		2.4060 GBP
5p ordinary		Purchase		3,875		2.4140 GBP
5p ordinary		Purchase		4,158		2.4100 GBP
5p ordinary		Purchase		4,370		2.4070 GBP
5p ordinary		Purchase		4,810		2.4127 GBP
5p ordinary		Purchase		5,430		2.4090 GBP
5p ordinary		Purchase		9,403		2.4098 GBP
5p ordinary		Purchase		15,309		2.4082 GBP
5p ordinary		Purchase		16,987		2.4028 GBP
5p ordinary		Purchase		18,749		2.4073 GBP
5p ordinary		Purchase		20,552		2.4062 GBP
5p ordinary		Purchase		23,594		2.4043 GBP
5p ordinary		Purchase		43,420		2.4091 GBP
5p ordinary		Purchase		102,361		2.4075 GBP
5p ordinary		Sale		152		2.4017 GBP
5p ordinary		Sale		556		2.4034 GBP
5p ordinary		Sale		678		2.4114 GBP
5p ordinary		Sale		690		2.4032 GBP
5p ordinary		Sale		1,293		2.4100 GBP
5p ordinary		Sale		1,401		2.4111 GBP
5p ordinary		Sale		1,556		2.4083 GBP
5p ordinary		Sale		1,667		2.4059 GBP
5p ordinary		Sale		1,716		2.4080 GBP
5p ordinary		Sale		1,932		2.4201 GBP
5p ordinary		Sale		2,281		2.4132 GBP
5p ordinary		Sale		3,350		2.4120 GBP
5p ordinary		Sale		3,780		2.4042 GBP
5p ordinary		Sale		3,875		2.4140 GBP
5p ordinary		Sale		4,393		2.4060 GBP
5p ordinary		Sale		4,396		2.4074 GBP
5p ordinary		Sale		4,795		2.4063 GBP
5p ordinary		Sale		5,657		2.4102 GBP
5p ordinary		Sale		6,696		2.4081 GBP
5p ordinary		Sale		6,855		2.4071 GBP
5p ordinary		Sale		6,871		2.4022 GBP
5p ordinary		Sale		8,970		2.4079 GBP
5p ordinary		Sale		13,986		2.4047 GBP
5p ordinary		Sale		76,859		2.4153 GBP
5p ordinary		Sale		82,455		2.4077 GBP
5p ordinary		Sale		133,265		2.4088 GBP
5p ordinary		Sale		227,836		2.4072 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		22	2.4095 GBP
5p ordinary		SWAP		Long		37	2.4125 GBP
5p ordinary		SWAP		Long		38	2.4067 GBP
5p ordinary		SWAP		Long		64	2.4101 GBP
5p ordinary		SWAP		Long		105	2.4065 GBP
5p ordinary		SWAP		Long		117	2.4071 GBP
5p ordinary		SWAP		Long		140	2.4110 GBP
5p ordinary		SWAP		Long		152	2.4017 GBP
5p ordinary		SWAP		Long		167	2.4019 GBP
5p ordinary		SWAP		Long		253	2.4123 GBP
5p ordinary		SWAP		Long		324	2.4105 GBP
5p ordinary		SWAP		Long		349	2.3999 GBP
5p ordinary		SWAP		Long		578	2.4072 GBP
5p ordinary		SWAP		Long		704	2.4060 GBP
5p ordinary		SWAP		Long		863	2.4046 GBP
5p ordinary		SWAP		Long		1,094	2.4248 GBP
5p ordinary		SWAP		Long		1,187	2.4025 GBP
5p ordinary		SWAP		Long		1,314	2.4041 GBP
5p ordinary		SWAP		Long		1,456	2.4021 GBP
5p ordinary		SWAP		Long		1,583	2.4246 GBP
5p ordinary		SWAP		Long		1,667	2.4059 GBP
5p ordinary		SWAP		Long		1,793	2.4108 GBP
5p ordinary		SWAP		Long		2,176	2.4018 GBP
5p ordinary		CFD		Long		2,334	2.4078 GBP
5p ordinary		SWAP		Long		2,650	2.4042 GBP
5p ordinary		SWAP		Long		2,820	2.4099 GBP
5p ordinary		SWAP		Long		3,137	2.4023 GBP
5p ordinary		SWAP		Long		3,322	2.4075 GBP
5p ordinary		SWAP		Long		3,547	2.4082 GBP
5p ordinary		SWAP		Long		3,986	2.4063 GBP
5p ordinary		SWAP		Long		5,025	2.4097 GBP
5p ordinary		SWAP		Long		5,657	2.4068 GBP
5p ordinary		SWAP		Long		7,604	2.4107 GBP
5p ordinary		SWAP		Long		9,383	2.4079 GBP
5p ordinary		SWAP		Long		12,318	2.4049 GBP
5p ordinary		SWAP		Long		12,660	2.4038 GBP
5p ordinary		SWAP		Long		15,605	2.4089 GBP
5p ordinary		CFD		Long		54,309	2.4080 GBP
5p ordinary		SWAP		Long		76,859	2.4153 GBP
5p ordinary		SWAP		Long		133,265	2.4088 GBP
5p ordinary		CFD		Short		48	2.4102 GBP
5p ordinary		SWAP		Short		200	2.4250 GBP
5p ordinary		CFD		Short		1,203	2.4079 GBP
5p ordinary		SWAP		Short		1,428	2.4148 GBP
5p ordinary		SWAP		Short		2,010	2.4055 GBP
5p ordinary		SWAP		Short		2,098	2.4104 GBP
5p ordinary		SWAP		Short		2,323	2.4116 GBP
5p ordinary		SWAP		Short		2,487	2.4138 GBP
5p ordinary		SWAP		Short		3,177	2.4080 GBP
5p ordinary		SWAP		Short		3,199	2.4079 GBP
5p ordinary		SWAP		Short		6,723	2.4086 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:				9 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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