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:				19 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:		945,962	0.15%	6,565,134	1.07%
(2)	Cash-settled derivatives:
			6,281,394	1.02%	785,808	0.13%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:		0	0.00%	0	0.00%
	TOTAL:		7,227,356	1.18%	7,350,942	1.20%

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		113		2.3358 GBP
5p ordinary		Purchase		277		2.2709 GBP
5p ordinary		Purchase		363		2.2720 GBP
5p ordinary		Purchase		450		2.2719 GBP
5p ordinary		Purchase		515		2.2760 GBP
5p ordinary		Purchase		628		2.2680 GBP
5p ordinary		Purchase		704		2.3008 GBP
5p ordinary		Purchase		905		2.2840 GBP
5p ordinary		Purchase		1,289		2.2780 GBP
5p ordinary		Purchase		1,341		2.2820 GBP
5p ordinary		Purchase		1,510		2.2800 GBP
5p ordinary		Purchase		2,757		2.2749 GBP
5p ordinary		Purchase		4,830		2.2795 GBP
5p ordinary		Purchase		5,572		2.2879 GBP
5p ordinary		Purchase		7,414		2.3557 GBP
5p ordinary		Purchase		16,083		2.2885 GBP
5p ordinary		Purchase		16,898		2.2777 GBP
5p ordinary		Purchase		17,973		2.2803 GBP
5p ordinary		Purchase		21,334		2.2804 GBP
5p ordinary		Purchase		22,038		2.3384 GBP
5p ordinary		Purchase		33,728		2.3588 GBP
5p ordinary		Purchase		36,066		2.3604 GBP
5p ordinary		Purchase		48,118		2.2841 GBP
5p ordinary		Purchase		52,750		2.2891 GBP
5p ordinary		Purchase		146,171		2.2798 GBP
5p ordinary		Sale		50		2.2835 GBP
5p ordinary		Sale		80		2.2902 GBP
5p ordinary		Sale		134		2.2756 GBP
5p ordinary		Sale		666		2.2900 GBP
5p ordinary		Sale		713		2.2740 GBP
5p ordinary		Sale		1,030		2.2752 GBP
5p ordinary		Sale		1,232		2.2820 GBP
5p ordinary		Sale		1,289		2.2780 GBP
5p ordinary		Sale		1,311		2.2778 GBP
5p ordinary		Sale		1,646		2.2732 GBP
5p ordinary		Sale		1,873		2.2830 GBP
5p ordinary		Sale		3,297		2.2840 GBP
5p ordinary		Sale		3,612		2.2779 GBP
5p ordinary		Sale		4,088		2.2797 GBP
5p ordinary		Sale		7,263		2.2849 GBP
5p ordinary		Sale		9,311		2.2903 GBP
5p ordinary		Sale		14,931		2.2801 GBP
5p ordinary		Sale		16,735		2.2860 GBP
5p ordinary		Sale		18,041		2.2871 GBP
5p ordinary		Sale		19,078		2.2800 GBP
5p ordinary		Sale		26,964		2.2862 GBP
5p ordinary		Sale		31,343		2.2807 GBP
5p ordinary		Sale		35,803		2.2833 GBP
5p ordinary		Sale		47,849		2.2851 GBP
5p ordinary		Sale		77,182		2.2798 GBP
5p ordinary		Sale		99,224		2.3546 GBP
5p ordinary		Sale		104,963		2.2829 GBP
5p ordinary		Sale		176,049		2.2881 GBP
5p ordinary		Sale		179,676		2.2826 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		808	2.3678 GBP
5p ordinary		SWAP		Long		4,479	2.2995 GBP
5p ordinary		CFD		Long		7,578	2.2798 GBP
5p ordinary		CFD		Long		7,903	2.2800 GBP
5p ordinary		CFD		Long		12,123	2.2733 GBP
5p ordinary		SWAP		Long		13,562	2.2831 GBP
5p ordinary		SWAP		Long		15,084	2.2843 GBP
5p ordinary		SWAP		Long		16,992	2.2913 GBP
5p ordinary		SWAP		Long		30,857	2.2816 GBP
5p ordinary		SWAP		Long		55,516	2.2870 GBP
5p ordinary		SWAP		Long		60,160	2.2821 GBP
5p ordinary		SWAP		Long		77,182	2.2798 GBP
5p ordinary		SWAP		Long		83,063	2.2830 GBP
5p ordinary		SWAP		Long		176,049	2.2881 GBP
5p ordinary		CFD		Short		109	2.2820 GBP
5p ordinary		SWAP		Short		144	2.2820 GBP
5p ordinary		CFD		Short		1,431	2.2800 GBP
5p ordinary		SWAP		Short		5,216	2.2911 GBP
5p ordinary		SWAP		Short		5,428	2.2880 GBP
5p ordinary		SWAP		Short		5,445	2.2778 GBP
5p ordinary		SWAP		Short		10,867	2.2873 GBP
5p ordinary		CFD		Short		21,334	2.2804 GBP
5p ordinary		SWAP		Short		21,457	2.2895 GBP
5p ordinary		SWAP		Short		26,674	2.2797 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:				22 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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