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:				18 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:		1,011,629	0.16%	6,185,195	1.01%
(2)	Cash-settled derivatives:
			5,860,620	0.95%	830,614	0.14%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:		0	0.00%	0	0.00%
	TOTAL:		6,872,249	1.12%	7,015,809	1.14%

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		2.4000 GBP
5p ordinary		Purchase		4		2.3950 GBP
5p ordinary		Purchase		8		2.3900 GBP
5p ordinary		Purchase		15		2.3945 GBP
5p ordinary		Purchase		121		2.3831 GBP
5p ordinary		Purchase		186		2.3840 GBP
5p ordinary		Purchase		521		2.3857 GBP
5p ordinary		Purchase		521		2.3877 GBP
5p ordinary		Purchase		521		2.3860 GBP
5p ordinary		Purchase		529		2.3920 GBP
5p ordinary		Purchase		659		2.3800 GBP
5p ordinary		Purchase		706		2.3780 GBP
5p ordinary		Purchase		1,197		2.3906 GBP
5p ordinary		Purchase		1,221		2.3805 GBP
5p ordinary		Purchase		2,899		2.3781 GBP
5p ordinary		Purchase		2,935		2.3827 GBP
5p ordinary		Purchase		7,605		2.3938 GBP
5p ordinary		Purchase		10,901		2.3771 GBP
5p ordinary		Purchase		13,384		2.3777 GBP
5p ordinary		Purchase		14,322		2.3813 GBP
5p ordinary		Purchase		20,273		2.3880 GBP
5p ordinary		Purchase		23,302		2.3844 GBP
5p ordinary		Sale		50		2.3943 GBP
5p ordinary		Sale		72		2.4020 GBP
5p ordinary		Sale		311		2.3820 GBP
5p ordinary		Sale		529		2.3660 GBP
5p ordinary		Sale		547		2.3920 GBP
5p ordinary		Sale		1,144		2.3913 GBP
5p ordinary		Sale		1,402		2.3868 GBP
5p ordinary		Sale		1,985		2.3802 GBP
5p ordinary		Sale		2,267		2.3891 GBP
5p ordinary		Sale		2,512		2.3900 GBP
5p ordinary		Sale		2,877		2.3781 GBP
5p ordinary		Sale		2,944		2.3858 GBP
5p ordinary		Sale		4,123		2.3833 GBP
5p ordinary		Sale		4,311		2.3849 GBP
5p ordinary		Sale		5,752		2.3766 GBP
5p ordinary		Sale		7,249		2.3763 GBP
5p ordinary		Sale		9,901		2.3780 GBP
5p ordinary		Sale		11,374		2.3901 GBP
5p ordinary		Sale		13,123		2.3855 GBP
5p ordinary		Sale		20,580		2.3880 GBP
5p ordinary		Sale		98,661		2.3844 GBP
5p ordinary		Sale		190,688		2.3938 GBP
5p ordinary		Sale		238,492		2.3958 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		84	2.3839 GBP
5p ordinary		SWAP		Long		507	2.3798 GBP
5p ordinary		SWAP		Long		1,060	2.3919 GBP
5p ordinary		SWAP		Long		2,030	2.3779 GBP
5p ordinary		SWAP		Long		2,267	2.3891 GBP
5p ordinary		SWAP		Long		3,215	2.3752 GBP
5p ordinary		SWAP		Long		5,730	2.3855 GBP
5p ordinary		SWAP		Long		6,067	2.3842 GBP
5p ordinary		CFD		Long		6,157	2.3792 GBP
5p ordinary		CFD		Long		9,759	2.3779 GBP
5p ordinary		SWAP		Long		24,539	2.3831 GBP
5p ordinary		CFD		Long		27,994	2.3877 GBP
5p ordinary		SWAP		Long		32,178	2.3841 GBP
5p ordinary		SWAP		Long		34,383	2.3862 GBP
5p ordinary		SWAP		Long		190,688	2.3938 GBP
5p ordinary		SWAP		Long		238,492	2.3958 GBP
5p ordinary		SWAP		Short		43	2.3950 GBP
5p ordinary		CFD		Short		121	2.3831 GBP
5p ordinary		SWAP		Short		700	2.3961 GBP
5p ordinary		SWAP		Short		1,197	2.3906 GBP
5p ordinary		SWAP		Short		6,509	2.3790 GBP
5p ordinary		SWAP		Short		7,562	2.3938 GBP
5p ordinary		SWAP		Short		10,048	2.3822 GBP
5p ordinary		CFD		Short		23,302	2.3844 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:				19 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211119005366/en/