TR-1: notification of major interests in shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
National Express Group Plc |
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2. Reason for notification (yes/no) |
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An acquisition or disposal of voting rights |
Yes |
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An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An event changing the breakdown of voting rights |
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Other (please specify):______________ |
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3. Full name of person(s) subject to the notification obligation: |
John Devaney (proxy holder) |
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4. Full name of shareholder(s) (if different from 3.): |
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5. Date of the transaction (and date on which the threshold is crossed or reached if different): |
4 May 2010 |
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6. Date on which issuer notified: |
4 May 2010 |
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7. Threshold(s) that is/are crossed or reached: |
From <3% to 9.03% |
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8. Notified details: |
A: Voting rights attached to shares |
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Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction |
Resulting situation after the triggering transaction |
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Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights |
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Direct |
Direct |
Indirect |
Direct |
Indirect |
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GB0006215205 |
516,829 |
516,829 |
46,047,457 |
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46,047,457 |
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9.03% |
B: Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial instrument |
Expiration date |
Exercise/ Conversion Period/ Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
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Total (A+B) |
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Number of voting rights |
% of voting rights |
46,047,457 |
9.03% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
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Proxy Voting: |
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10. Name of the proxy holder: |
John Devaney |
11. Number of voting rights proxy holder will cease to hold: |
46,047,457 |
12. Date on which proxy holder will cease to hold voting rights: |
5 May 2010 |
13. Additional information: |
Notification using total voting rights of 510,057,338 This information relates to the shareholder discretionary proxy votes granted to the Chairman in connection with the resolutions to be considered at the Company's Annual General Meeting on 5 May 2010. |
14. Contact name: |
Dianne Robinson |
15. Contact telephone number: |
08450 130 130 |