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:				10 February 2022
(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:		857,912	0.14%	10,379,783	1.69%
(2)	Cash-settled derivatives:
			10,036,375	1.63%	510,821	0.08%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:		0	0.00%	0	0.00%
	TOTAL:		10,894,287	1.77%	10,890,604	1.77%

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		13		2.8499 GBP
5p ordinary		Purchase		42		2.8559 GBP
5p ordinary		Purchase		360		2.8358 GBP
5p ordinary		Purchase		380		2.8542 GBP
5p ordinary		Purchase		489		2.8160 GBP
5p ordinary		Purchase		989		2.8480 GBP
5p ordinary		Purchase		1,620		2.8525 GBP
5p ordinary		Purchase		2,699		2.8572 GBP
5p ordinary		Purchase		5,325		2.8638 GBP
5p ordinary		Purchase		6,000		2.8080 GBP
5p ordinary		Purchase		14,289		2.8566 GBP
5p ordinary		Purchase		16,522		2.8556 GBP
5p ordinary		Purchase		26,397		2.8603 GBP
5p ordinary		Purchase		37,633		2.8508 GBP
5p ordinary		Purchase		218,939		2.8402 GBP
5p ordinary		Sale		42		2.8560 GBP
5p ordinary		Sale		104		2.8485 GBP
5p ordinary		Sale		185		2.8535 GBP
5p ordinary		Sale		250		2.8513 GBP
5p ordinary		Sale		346		2.8520 GBP
5p ordinary		Sale		489		2.8140 GBP
5p ordinary		Sale		595		2.8544 GBP
5p ordinary		Sale		876		2.8543 GBP
5p ordinary		Sale		1,483		2.8551 GBP
5p ordinary		Sale		1,510		2.8546 GBP
5p ordinary		Sale		1,891		2.8450 GBP
5p ordinary		Sale		2,439		2.8564 GBP
5p ordinary		Sale		2,468		2.8393 GBP
5p ordinary		Sale		2,659		2.8536 GBP
5p ordinary		Sale		5,564		2.8600 GBP
5p ordinary		Sale		9,709		2.8174 GBP
5p ordinary		Sale		23,461		2.8627 GBP
5p ordinary		Sale		27,730		2.8521 GBP
5p ordinary		Sale		34,193		2.8360 GBP
5p ordinary		Sale		52,151		2.8465 GBP

(b) Cash-settled derivative transactions

Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
5p ordinary		CFD		Long		17	2.8488 GBP
5p ordinary		CFD		Long		87	2.8486 GBP
5p ordinary		CFD		Long		876	2.8544 GBP
5p ordinary		CFD		Long		1,483	2.8551 GBP
5p ordinary		CFD		Long		2,439	2.8564 GBP
5p ordinary		CFD		Long		2,468	2.8393 GBP
5p ordinary		CFD		Long		2,928	2.8416 GBP
5p ordinary		SWAP		Long		3,108	2.8445 GBP
5p ordinary		SWAP		Long		3,849	2.8447 GBP
5p ordinary		CFD		Long		4,067	2.8556 GBP
5p ordinary		SWAP		Long		8,918	2.8511 GBP
5p ordinary		SWAP		Long		12,272	2.8524 GBP
5p ordinary		SWAP		Long		13,662	2.8536 GBP
5p ordinary		SWAP		Long		39,384	2.8456 GBP
5p ordinary		SWAP		Short		380	2.8542 GBP
5p ordinary		SWAP		Short		1,635	2.8627 GBP
5p ordinary		CFD		Short		1,660	2.8440 GBP
5p ordinary		SWAP		Short		3,690	2.8643 GBP
5p ordinary		SWAP		Short		4,641	2.8520 GBP
5p ordinary		SWAP		Short		5,118	2.8494 GBP
5p ordinary		SWAP		Short		12,352	2.8552 GBP
5p ordinary		SWAP		Short		21,279	2.8629 GBP
5p ordinary		SWAP		Short		21,663	2.8278 GBP
5p ordinary		SWAP		Short		29,163	2.8401 GBP
5p ordinary		CFD		Short		50,578	2.8362 GBP
5p ordinary		SWAP		Short		56,456	2.8435 GBP
5p ordinary		SWAP		Short		76,925	2.8480 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:				11 Feb 2022
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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