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:	14 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:	381,431	0.06%	8,013,287	1.30%
(2)	Cash-settled derivatives:
		7,801,714	1.27%	255,957	0.04%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:	0	0.00%	0	0.00%
	TOTAL:	8,183,145	1.33%	8,269,244	1.35%

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	49	2.3541 GBP
5p ordinary	Purchase	99	2.4157 GBP
5p ordinary	Purchase	120	2.3800 GBP
5p ordinary	Purchase	207	2.3980 GBP
5p ordinary	Purchase	267	2.3918 GBP
5p ordinary	Purchase	363	2.3997 GBP
5p ordinary	Purchase	1,315	2.3880 GBP
5p ordinary	Purchase	2,038	2.3707 GBP
5p ordinary	Purchase	2,131	2.3875 GBP
5p ordinary	Purchase	2,781	2.3873 GBP
5p ordinary	Purchase	2,808	2.4220 GBP
5p ordinary	Purchase	3,216	2.3883 GBP
5p ordinary	Purchase	3,450	2.4028 GBP
5p ordinary	Purchase	4,836	2.3842 GBP
5p ordinary	Purchase	5,558	2.3829 GBP
5p ordinary	Purchase	6,098	2.3985 GBP
5p ordinary	Purchase	6,365	2.3942 GBP
5p ordinary	Purchase	6,510	2.3858 GBP
5p ordinary	Purchase	9,301	2.3986 GBP
5p ordinary	Purchase	49,372	2.3920 GBP
5p ordinary	Purchase	134,028	2.3900 GBP
5p ordinary	Sale	121	2.4080 GBP
5p ordinary	Sale	207	2.3982 GBP
5p ordinary	Sale	654	2.3576 GBP
5p ordinary	Sale	712	2.3578 GBP
5p ordinary	Sale	1,237	2.3946 GBP
5p ordinary	Sale	2,638	2.4025 GBP
5p ordinary	Sale	2,808	2.4220 GBP
5p ordinary	Sale	5,771	2.3792 GBP
5p ordinary	Sale	5,959	2.3878 GBP
5p ordinary	Sale	10,976	2.3828 GBP
5p ordinary	Sale	21,909	2.3920 GBP
5p ordinary	Sale	21,957	2.3893 GBP
5p ordinary	Sale	22,724	2.3864 GBP
5p ordinary	Sale	23,904	2.4076 GBP
5p ordinary	Sale	25,865	2.3886 GBP
5p ordinary	Sale	78,413	2.3854 GBP
5p ordinary	Sale	113,543	2.4023 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	71	2.3887 GBP
5p ordinary	SWAP	Long	1,237	2.3946 GBP
5p ordinary	SWAP	Long	3,128	2.3919 GBP
5p ordinary	SWAP	Long	4,780	2.3611 GBP
5p ordinary	SWAP	Long	6,309	2.4106 GBP
5p ordinary	SWAP	Long	10,943	2.3634 GBP
5p ordinary	SWAP	Long	13,660	2.3843 GBP
5p ordinary	SWAP	Long	16,246	2.4119 GBP
5p ordinary	SWAP	Long	16,664	2.3962 GBP
5p ordinary	SWAP	Long	16,821	2.3874 GBP
5p ordinary	SWAP	Long	17,595	2.4066 GBP
5p ordinary	CFD	Long	21,909	2.3920 GBP
5p ordinary	CFD	Long	25,794	2.3886 GBP
5p ordinary	SWAP	Long	45,072	2.3984 GBP
5p ordinary	SWAP	Long	49,097	2.4034 GBP
5p ordinary	CFD	Long	63,604	2.3881 GBP
5p ordinary	CFD	Short	20	2.3540 GBP
5p ordinary	CFD	Short	29	2.3541 GBP
5p ordinary	SWAP	Short	2,038	2.3707 GBP
5p ordinary	SWAP	Short	4,836	2.3842 GBP
5p ordinary	SWAP	Short	17,161	2.3861 GBP
5p ordinary	CFD	Short	21,909	2.3920 GBP
5p ordinary	SWAP	Short	22,324	2.3960 GBP
5p ordinary	SWAP	Short	33,272	2.3848 GBP
5p ordinary	CFD	Short	35,962	2.3926 GBP
5p ordinary	SWAP	Short	53,175	2.3944 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:				15 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/20211215005418/en/