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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
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1. Identity of the issuer or the underlying issuer |
National Express Group PLC |
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2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
No |
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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 |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
Yes |
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An event changing the breakdown of voting rights |
No |
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Other (please specify): |
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No |
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3. Full name of person(s) subject to the |
Elliott International, L.P, Liverpool Ltd Partnership |
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4. Full name of shareholder(s) |
N/A |
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5. Date of the transaction and date on |
26 January 2010 |
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6. Date on which issuer notified: |
28 January 2010 |
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7. Threshold(s) that is/are crossed or |
11% to 10% |
8. Notified details: |
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A: Voting rights attached to shares viii, ix |
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights x |
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Direct |
Direct xi |
Indirect xii |
Direct |
Indirect |
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Ordinary Shares GB0006215205 |
32,838,987 |
32,838,987 |
32,838,987 |
32,838,987 |
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6.438293% |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi |
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Resulting situation after the triggering transaction |
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Type of financial |
Exercise price |
Expiration date xvii |
Exercise/ |
Number of voting rights instrument refers to |
% of voting rights xix, xx |
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Nominal |
Delta |
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CFD over Ordinary Shares GB0006215205 |
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23,231,123 |
4.5546% |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
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56,070,110 |
10.9929% |
9. Chain of controlled undertakings through which the voting rights and/or the |
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Holding consists of the following positions: Shares - GB0006215205 Ordinary shares - 32,838,987 shares Ordinary shares (CFD) - 23,231,123 shares Total equivalent ords = 56,070,110 |
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Proxy Voting: |
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10. Name of the proxy holder: |
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11. Number of voting rights proxy holder will cease |
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12. Date on which proxy holder will cease to hold |
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14. Contact name: |
Tina Holland |
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15. Contact telephone number: |
020 7506 4305 |