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:				17 January 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:		546,566	0.09%	10,455,192	1.70%
(2)	Cash-settled derivatives:
			9,998,543	1.63%	251,647	0.04%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:		0	0.00%	0	0.00%
	TOTAL:		10,545,109	1.72%	10,706,839	1.74%

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		85		2.6223 GBP
5p ordinary		Purchase		114		2.6050 GBP
5p ordinary		Purchase		792		2.6193 GBP
5p ordinary		Purchase		1,005		2.6171 GBP
5p ordinary		Purchase		1,125		2.6100 GBP
5p ordinary		Purchase		1,219		2.6047 GBP
5p ordinary		Purchase		1,500		2.6236 GBP
5p ordinary		Purchase		1,542		2.6081 GBP
5p ordinary		Purchase		1,711		2.6079 GBP
5p ordinary		Purchase		1,742		2.6092 GBP
5p ordinary		Purchase		1,765		2.6197 GBP
5p ordinary		Purchase		1,822		2.6178 GBP
5p ordinary		Purchase		2,217		2.5991 GBP
5p ordinary		Purchase		2,770		2.5940 GBP
5p ordinary		Purchase		3,463		2.6140 GBP
5p ordinary		Purchase		8,909		2.6240 GBP
5p ordinary		Purchase		16,796		2.6237 GBP
5p ordinary		Purchase		17,305		2.6115 GBP
5p ordinary		Purchase		66,399		2.6158 GBP
5p ordinary		Sale		205		2.6195 GBP
5p ordinary		Sale		529		2.6240 GBP
5p ordinary		Sale		559		2.5942 GBP
5p ordinary		Sale		563		2.6100 GBP
5p ordinary		Sale		982		2.6166 GBP
5p ordinary		Sale		1,569		2.5995 GBP
5p ordinary		Sale		2,734		2.5940 GBP
5p ordinary		Sale		4,768		2.6109 GBP
5p ordinary		Sale		5,846		2.6154 GBP
5p ordinary		Sale		8,223		2.6178 GBP
5p ordinary		Sale		10,073		2.6223 GBP
5p ordinary		Sale		22,236		2.6180 GBP
5p ordinary		Sale		33,005		2.6170 GBP
5p ordinary		Sale		61,796		2.6203 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		1	2.6600 GBP
5p ordinary		CFD		Long		1,026	2.6151 GBP
5p ordinary		CFD		Long		1,895	2.6124 GBP
5p ordinary		SWAP		Long		2,051	2.6078 GBP
5p ordinary		SWAP		Long		3,435	2.6172 GBP
5p ordinary		SWAP		Long		4,441	2.6175 GBP
5p ordinary		SWAP		Long		4,788	2.6183 GBP
5p ordinary		SWAP		Long		5,116	2.6143 GBP
5p ordinary		SWAP		Long		7,598	2.6179 GBP
5p ordinary		SWAP		Long		10,400	2.6136 GBP
5p ordinary		SWAP		Long		10,418	2.6180 GBP
5p ordinary		SWAP		Long		10,566	2.6195 GBP
5p ordinary		SWAP		Short		85	2.6223 GBP
5p ordinary		CFD		Short		114	2.6050 GBP
5p ordinary		SWAP		Short		191	2.6200 GBP
5p ordinary		SWAP		Short		1,005	2.6171 GBP
5p ordinary		SWAP		Short		1,750	2.6101 GBP
5p ordinary		CFD		Short		2,913	2.6182 GBP
5p ordinary		SWAP		Short		5,371	2.6132 GBP
5p ordinary		SWAP		Short		9,408	2.6157 GBP
5p ordinary		SWAP		Short		16,832	2.6102 GBP
5p ordinary		CFD		Short		17,305	2.6115 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:				18 Jan 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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