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 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:		523,398	0.09%	10,499,584	1.71%
(2)	Cash-settled derivatives:
			10,023,739	1.63%	255,823	0.04%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:		0	0.00%	0	0.00%
	TOTAL:		10,547,137	1.72%	10,755,407	1.75%

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		21		2.6418 GBP
5p ordinary		Purchase		52		2.6480 GBP
5p ordinary		Purchase		576		2.6567 GBP
5p ordinary		Purchase		615		2.6317 GBP
5p ordinary		Purchase		2,200		2.6557 GBP
5p ordinary		Purchase		2,205		2.6432 GBP
5p ordinary		Purchase		2,920		2.6311 GBP
5p ordinary		Purchase		4,487		2.6362 GBP
5p ordinary		Purchase		5,221		2.6476 GBP
5p ordinary		Purchase		5,837		2.6437 GBP
5p ordinary		Purchase		10,525		2.6390 GBP
5p ordinary		Purchase		24,757		2.6396 GBP
5p ordinary		Purchase		30,240		2.6400 GBP
5p ordinary		Purchase		38,921		2.6388 GBP
5p ordinary		Purchase		40,635		2.6470 GBP
5p ordinary		Sale		1		2.6380 GBP
5p ordinary		Sale		97		2.6410 GBP
5p ordinary		Sale		104		2.6462 GBP
5p ordinary		Sale		456		2.6440 GBP
5p ordinary		Sale		899		2.6432 GBP
5p ordinary		Sale		1,052		2.6300 GBP
5p ordinary		Sale		1,121		2.6603 GBP
5p ordinary		Sale		2,200		2.6558 GBP
5p ordinary		Sale		2,219		2.6401 GBP
5p ordinary		Sale		2,920		2.6312 GBP
5p ordinary		Sale		3,044		2.6299 GBP
5p ordinary		Sale		4,324		2.6318 GBP
5p ordinary		Sale		10,525		2.6390 GBP
5p ordinary		Sale		28,725		2.6403 GBP
5p ordinary		Sale		29,032		2.6329 GBP
5p ordinary		Sale		46,359		2.6323 GBP
5p ordinary		Sale		189,270		2.6400 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		2,172	2.6320 GBP
5p ordinary		SWAP		Long		2,426	2.6280 GBP
5p ordinary		SWAP		Long		3,044	2.6299 GBP
5p ordinary		CFD		Long		4,282	2.6296 GBP
5p ordinary		SWAP		Long		4,500	2.6422 GBP
5p ordinary		SWAP		Long		11,292	2.6353 GBP
5p ordinary		SWAP		Long		15,568	2.6313 GBP
5p ordinary		SWAP		Long		17,753	2.6324 GBP
5p ordinary		SWAP		Long		27,369	2.6400 GBP
5p ordinary		SWAP		Long		30,641	2.6335 GBP
5p ordinary		CFD		Long		145,728	2.6400 GBP
5p ordinary		CFD		Short		115	2.6363 GBP
5p ordinary		SWAP		Short		312	2.6362 GBP
5p ordinary		SWAP		Short		1,280	2.6573 GBP
5p ordinary		SWAP		Short		1,453	2.6428 GBP
5p ordinary		SWAP		Short		1,453	2.6433 GBP
5p ordinary		CFD		Short		3,635	2.6402 GBP
5p ordinary		SWAP		Short		3,941	2.6445 GBP
5p ordinary		SWAP		Short		5,275	2.6400 GBP
5p ordinary		SWAP		Short		6,154	2.6567 GBP
5p ordinary		SWAP		Short		7,245	2.6405 GBP
5p ordinary		SWAP		Short		7,828	2.6407 GBP
5p ordinary		SWAP		Short		10,766	2.6385 GBP
5p ordinary		SWAP		Short		16,442	2.6367 GBP
5p ordinary		SWAP		Short		29,206	2.6462 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:				24 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220124005430/en/