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:				21 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:		598,744	0.10%	9,418,227	1.53%
(2)	Cash-settled derivatives:
			9,149,712	1.49%	261,946	0.04%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:		0	0.00%	0	0.00%
	TOTAL:		9,748,456	1.59%	9,680,173	1.58%

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		48		2.3698 GBP
5p ordinary		Purchase		565		2.3820 GBP
5p ordinary		Purchase		627		2.3660 GBP
5p ordinary		Purchase		916		2.3736 GBP
5p ordinary		Purchase		1,184		2.3680 GBP
5p ordinary		Purchase		1,223		2.3810 GBP
5p ordinary		Purchase		1,231		2.3640 GBP
5p ordinary		Purchase		1,685		2.3732 GBP
5p ordinary		Purchase		2,669		2.3641 GBP
5p ordinary		Purchase		4,160		2.3666 GBP
5p ordinary		Purchase		4,672		2.3717 GBP
5p ordinary		Purchase		8,272		2.3713 GBP
5p ordinary		Purchase		9,688		2.3657 GBP
5p ordinary		Purchase		14,815		2.3670 GBP
5p ordinary		Purchase		16,468		2.3684 GBP
5p ordinary		Purchase		27,440		2.3659 GBP
5p ordinary		Purchase		43,653		2.3700 GBP
5p ordinary		Purchase		50,792		2.3686 GBP
5p ordinary		Purchase		86,538		2.3689 GBP
5p ordinary		Purchase		106,146		2.3747 GBP
5p ordinary		Purchase		109,056		2.3699 GBP
5p ordinary		Sale		32		2.3661 GBP
5p ordinary		Sale		227		2.3620 GBP
5p ordinary		Sale		638		2.3860 GBP
5p ordinary		Sale		936		2.3820 GBP
5p ordinary		Sale		1,592		2.3780 GBP
5p ordinary		Sale		1,793		2.3653 GBP
5p ordinary		Sale		2,786		2.3810 GBP
5p ordinary		Sale		3,587		2.3718 GBP
5p ordinary		Sale		3,590		2.3756 GBP
5p ordinary		Sale		3,638		2.3758 GBP
5p ordinary		Sale		4,830		2.3698 GBP
5p ordinary		Sale		5,021		2.3684 GBP
5p ordinary		Sale		5,297		2.3746 GBP
5p ordinary		Sale		6,623		2.3710 GBP
5p ordinary		Sale		7,129		2.3615 GBP
5p ordinary		Sale		8,226		2.3648 GBP
5p ordinary		Sale		10,000		2.3660 GBP
5p ordinary		Sale		13,204		2.3695 GBP
5p ordinary		Sale		13,435		2.3721 GBP
5p ordinary		Sale		15,833		2.3704 GBP
5p ordinary		Sale		17,360		2.3700 GBP
5p ordinary		Sale		19,993		2.3715 GBP
5p ordinary		Sale		20,888		2.3659 GBP
5p ordinary		Sale		23,901		2.3669 GBP
5p ordinary		Sale		25,576		2.3640 GBP
5p ordinary		Sale		47,602		2.3689 GBP
5p ordinary		Sale		66,470		2.3705 GBP
5p ordinary		Sale		86,929		2.3702 GBP
5p ordinary		Sale		98,822		2.3701 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		20	2.3759 GBP
5p ordinary		SWAP		Long		55	2.3698 GBP
5p ordinary		SWAP		Long		319	2.3659 GBP
5p ordinary		CFD		Long		1,431	2.3705 GBP
5p ordinary		SWAP		Long		2,013	2.3670 GBP
5p ordinary		CFD		Long		4,708	2.3728 GBP
5p ordinary		SWAP		Long		12,492	2.3690 GBP
5p ordinary		SWAP		Long		12,779	2.3717 GBP
5p ordinary		CFD		Long		14,402	2.3704 GBP
5p ordinary		SWAP		Long		14,571	2.3703 GBP
5p ordinary		CFD		Long		17,360	2.3700 GBP
5p ordinary		SWAP		Long		23,881	2.3669 GBP
5p ordinary		CFD		Long		24,107	2.3703 GBP
5p ordinary		SWAP		Long		41,911	2.3697 GBP
5p ordinary		SWAP		Long		47,602	2.3689 GBP
5p ordinary		SWAP		Long		48,068	2.3702 GBP
5p ordinary		SWAP		Short		1,533	2.3718 GBP
5p ordinary		CFD		Short		8,272	2.3713 GBP
5p ordinary		SWAP		Short		12,424	2.3681 GBP
5p ordinary		SWAP		Short		13,282	2.3665 GBP
5p ordinary		CFD		Short		14,489	2.3758 GBP
5p ordinary		SWAP		Short		15,124	2.3761 GBP
5p ordinary		CFD		Short		17,131	2.3700 GBP
5p ordinary		SWAP		Short		21,688	2.3701 GBP
5p ordinary		SWAP		Short		29,104	2.3676 GBP
5p ordinary		SWAP		Short		31,473	2.3802 GBP
5p ordinary		SWAP		Short		47,681	2.3692 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 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.

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