|
|
|||
1. Identity of the issuer or the underlying issuer |
National Express Group PLC |
|||
2 Reason for the notification (please tick the appropriate box or boxes): |
||||
An acquisition or disposal of voting rights |
Yes |
|||
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
No |
|||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
Yes |
|||
An event changing the breakdown of voting rights |
No |
|||
Other (please specify): |
|
No |
||
3. Full name of person(s) subject to the |
Elliott International, L.P, Liverpool Ltd Partnership |
|||
4. Full name of shareholder(s) |
N/A |
|||
5. Date of the transaction and date on |
02 December 2009 |
|||
6. Date on which issuer notified: |
04 December 2009 |
|||
7. Threshold(s) that is/are crossed or |
Below 3% to 3% |
8. Notified details: |
||||||||||||||||
A: Voting rights attached to shares viii, ix |
||||||||||||||||
Class/type of
|
Situation previous |
Resulting situation after the triggering transaction |
||||||||||||||
Number |
Number |
Number |
Number of voting |
% of voting rights x |
||||||||||||
Direct |
Direct xi |
Indirect xii |
Direct |
Indirect |
||||||||||||
Ordinary Shares GB0006215205 |
100 |
100 |
100 |
100 |
|
0.000019% *see para. 13 |
|
|||||||||
|
||||||||||||||||
B: Qualifying Financial Instruments |
||||||||||||||||
Resulting situation after the triggering transaction |
||||||||||||||||
Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
||||||||||||
|
|
|
|
|
||||||||||||
|
||||||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi |
||||||||||||||||
Resulting situation after the triggering transaction |
||||||||||||||||
Type of financial |
Exercise price |
Expiration date xvii |
Exercise/ |
Number of voting rights instrument refers to |
% of voting rights xix, xx |
|||||||||||
|
|
|
|
|
Nominal |
Delta |
||||||||||
|
|
|||||||||||||||
CFD over Ordinary Shares GB0006215205 |
|
|
|
4,529,503 |
0.888% *see para. 13 |
|
||||||||||
CFD of Rights under Rights Issue GB00B580JL02 |
|
15/12/09 |
|
13,865,272 |
2.718% *see para. 13 |
|
||||||||||
Rights under Rights Issue GB00B580JL02 |
|
15/12/09 |
|
233 |
0.000046% *see para. 13 |
|
||||||||||
|
||||||||||||||||
Total (A+B+C) |
||||||||||||||||
Number of voting rights |
Percentage of voting rights |
|||||||||||||||
18,395,108 |
3.606% *see para. 13 |
9. Chain of controlled undertakings through which the voting rights and/or the |
||
Holding consists of the following positions: Shares - GB0006215205 Ordinary shares - 100 shares Ordinary shares (CFD) - 4,529,503 shares Rights - GB00B580JL02 Rights - 233 Rights Rights (CFD) - 13,865,272 rights Total equivalent ords (Post capital raising) = 18,395,108 |
||
|
||
Proxy Voting: |
||
10. Name of the proxy holder: |
|
|
11. Number of voting rights proxy holder will cease |
|
|
12. Date on which proxy holder will cease to hold |
|
|
|
||
|
The attached disclosure has been made in accordance with Policy Statement PS 09/3 published in March 2009, and the associated Questions & Answers published on 11 June 2009 (the "Q&As"). The person making the notification acquired rights pursuant to the issuer's rights issue on 2/12/09. In accordance with paragraph 19 of the Q&As, this acquisition will lead to their proportionate holding in the issuer to change from below 3% prior to the new shares being issued to [3.606%] following the issue of the new shares. (New Total shares in issue are 510,061,986) Accordingly, following completion of the rights issue, the person making the notification will have an interest in [3.606%] of the issuer's shares. If the disclosure made pursuant to this notification were to be made on the basis of the issuer's existing share capital (as notified by the issuer under DTR 5.6), then the person making the notification would have a disclosable interest of [12]% of the voting rights of the issuer. However, as this percentage figure will not reflect the actual position of such person upon completion of the rights issue, the person making the notification believes it would be misleading to the market to make a notification on this basis and has accordingly made the notification by reference to the issuer's share capital following completion of the rights issue |
|
14. Contact name: |
Dianne Robinson |
|
15. Contact telephone number: |
0207 506 4334 |
……………………………………….
Note: Annex should only be submitted to the FSA not the issuer |
|
Annex: Notification of major interests in share |
|
|
|
A: Identity of the persons or legal entity subject to the notification obligation |
|
Full name (including legal form of legal entities) |
National Express Group PLC |
Contact address (registered office for legal entities) |
7 Triton Square London NW1 3HG |
Phone number & email |
|
Other useful information (at least legal representative for legal persons) |
|
|
|
B: Identity of the notifier, if applicable |
|
Full name |
Dianne Robinson |
Contact address |
7 Triton Square London NW1 3HG |
Phone number & email |
0207 506 4334 dianne.robinson@nationalexpress.com |
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) |
|
|
|
C: Additional information |
|
|
|
For notes on how to complete form TR-1 please see the FSA website. |