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:				29 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:		550,502	0.09%	9,682,757	1.58%
(2)	Cash-settled derivatives:
			9,417,166	1.53%	245,263	0.04%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:		0	0.00%	0	0.00%
	TOTAL:		9,967,668	1.62%	9,928,020	1.62%

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		2.5337 GBP
5p ordinary		Purchase		448		2.5657 GBP
5p ordinary		Purchase		491		2.5602 GBP
5p ordinary		Purchase		553		2.5514 GBP
5p ordinary		Purchase		561		2.5360 GBP
5p ordinary		Purchase		885		2.5421 GBP
5p ordinary		Purchase		1,122		2.5457 GBP
5p ordinary		Purchase		1,954		2.5498 GBP
5p ordinary		Purchase		2,585		2.5620 GBP
5p ordinary		Purchase		2,719		2.5344 GBP
5p ordinary		Purchase		2,758		2.5339 GBP
5p ordinary		Purchase		5,151		2.5615 GBP
5p ordinary		Purchase		7,161		2.5575 GBP
5p ordinary		Purchase		8,539		2.5354 GBP
5p ordinary		Purchase		14,913		2.5454 GBP
5p ordinary		Purchase		23,641		2.5468 GBP
5p ordinary		Purchase		63,377		2.5500 GBP
5p ordinary		Sale		5		2.5340 GBP
5p ordinary		Sale		581		2.5620 GBP
5p ordinary		Sale		673		2.5560 GBP
5p ordinary		Sale		1,207		2.5477 GBP
5p ordinary		Sale		1,233		2.5678 GBP
5p ordinary		Sale		1,492		2.5589 GBP
5p ordinary		Sale		2,071		2.5562 GBP
5p ordinary		Sale		2,585		2.5622 GBP
5p ordinary		Sale		3,001		2.5408 GBP
5p ordinary		Sale		3,589		2.5520 GBP
5p ordinary		Sale		4,324		2.5700 GBP
5p ordinary		Sale		4,506		2.5423 GBP
5p ordinary		Sale		6,152		2.5334 GBP
5p ordinary		Sale		7,317		2.5482 GBP
5p ordinary		Sale		7,916		2.5493 GBP
5p ordinary		Sale		8,482		2.5512 GBP
5p ordinary		Sale		8,691		2.5385 GBP
5p ordinary		Sale		17,445		2.5444 GBP
5p ordinary		Sale		97,663		2.5500 GBP
5p ordinary		Sale		124,415		2.5475 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		477	2.5947 GBP
5p ordinary		SWAP		Long		757	2.5328 GBP
5p ordinary		SWAP		Long		1,379	2.5313 GBP
5p ordinary		SWAP		Long		1,622	2.5489 GBP
5p ordinary		CFD		Long		7,014	2.5497 GBP
5p ordinary		CFD		Long		11,483	2.5507 GBP
5p ordinary		SWAP		Long		16,211	2.5434 GBP
5p ordinary		SWAP		Long		18,547	2.5420 GBP
5p ordinary		SWAP		Long		24,637	2.5484 GBP
5p ordinary		CFD		Long		25,934	2.5451 GBP
5p ordinary		SWAP		Long		28,915	2.5522 GBP
5p ordinary		SWAP		Long		46,638	2.5474 GBP
5p ordinary		CFD		Long		97,663	2.5500 GBP
5p ordinary		SWAP		Short		136	2.6017 GBP
5p ordinary		SWAP		Short		461	2.5649 GBP
5p ordinary		SWAP		Short		5,015	2.5604 GBP
5p ordinary		SWAP		Short		6,700	2.5570 GBP
5p ordinary		SWAP		Short		7,548	2.5577 GBP
5p ordinary		SWAP		Short		8,130	2.5416 GBP
5p ordinary		SWAP		Short		9,814	2.5365 GBP
5p ordinary		CFD		Short		13,611	2.5383 GBP
5p ordinary		CFD		Short		63,377	2.5500 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:				30 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/20211230005109/en/