EPT Disclosure NATIONAL EXPRESS GROUP PLC
FORM 38.5(b)
DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS
WITHOUT RECOGNISED INTERMEDIARY STATUS, OR WITH RI STATUS
BUT NOT DEALING IN A CLIENT-SERVING CAPACITY
(Rule 38.5(b) of the Takeover Code)
1. KEY INFORMATION
Name of exempt principal trader Barclays Capital
Company dealt in NATIONAL EXPRESS GROUP PLC
Class of relevant security ORD GBP0.05
to which the dealings being
disclosed relate (Note 1)
Date of dealing 15 September 2009
2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE
(a) Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 2)
Long Short
Number (%) Number (%)
(1) Relevant securities 374,475 0.24% 54,056 0.04%
(2) Derivatives (other than 578 0.00% 220,274 0.14%
options)
(3) Options and agreements 0 0.00% 0 0.00%
to purchase/sell
Total 375,053 0.25% 274,330 0.18%
(b) Interests and short positions in relevant securities of the company, other
than the class dealt in (Note 2)
Class of relevant security: Long Short
Number Number
(%) (%)
(1) Relevant securities
(2) Derivatives (other than
options)
(3) Options and agreements
to purchase/sell
Total
(c) Rights to subscribe (Note 2)
Class of relevant security: Details
3. DEALINGS (Note 3)
(a) Purchases and sales
Purchase/sale Number of securities Price per unit (Note 4)
BC 31,965 4.787884
Purchase 3,478 4.76
Purchase 39,927 4.767642
Purchase 33,700 4.788508
Purchase 8,434 4.768765
Purchase 3,950 4.772051
Purchase 9,115 4.767986
Sale 10,987 4.775837
Sale 3,478 4.76
Sale 3,691 4.759518
Sale 25,675 4.768745
Sale 6,411 4.770972
(b) Derivatives transactions (other than options)
Product Long/short Number of securities Price per unit
name, (Note 5) (Note 6) (Note 4)
e.g. CFD
CFD Long 3691 4.7595
CFD Long 6411 4.7709
CFD Long 10987 4.7758
CFD Short 39927 4.7676
CFD Short 9115 4.7679
CFD Short 8434 4.7687
CFD Short 3950 4.772
(c) Options transactions in respect of existing securities
(i) Writing, selling, purchasing or varying
Product Writing, Number of Exercise Type, Expiry Option
name, selling, securities price e.g. date money
e.g. call purchasing, to which the American, paid/received
option varying option European per unit
etc. relates etc. (Note 4)
(Note 6)
(ii) Exercising
Product name, e.g. call Number of securities Exercise price per unit
option (Note 4)
(d) Other dealings (including new securities) (Note 3)
Nature of transaction Details Price per unit (if
(Note 7) applicable) (Note 4)
4. OTHER INFORMATION
Agreements, arrangements or understandings relating to options or derivatives
Full details of any agreement, arrangement or understanding between the
person disclosing and any other person relating to the voting rights of
any relevant securities under any option referred to on this form or
relating to the voting rights or future acquisition or disposal of any
relevant securities to which any derivative referred to on this form is
referenced. If none, this should be stated.
Is a Supplemental Form 38.5(b) attached? (Note 8) NO
Date of disclosure 16 September 2009
Contact name Geoff Smith
Telephone number 020 7116 2913
If a connected EFM, name of offeree/offeror with which connected A consortium comprising funds
advised by CVC Capital Partners
and interests of the Cosmen family.
If a connected EFM, state nature of connection Advisor (Note 9)