Form 8.3 - National Express Group plc

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LONDON, October 22, 2021--(BUSINESS WIRE)--

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 October 2021

(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:

1,944,848

0.32%

5,042,615

0.82%

(2)

Cash-settled derivatives:

4,562,793

0.74%

1,639,904

0.27%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

6,507,641

1.06%

6,682,519

1.09%

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

74

2.2240 GBP

5p ordinary

Purchase

90

2.1814 GBP

5p ordinary

Purchase

148

2.2160 GBP

5p ordinary

Purchase

397

2.1927 GBP

5p ordinary

Purchase

541

2.1990 GBP

5p ordinary

Purchase

934

2.2323 GBP

5p ordinary

Purchase

1,239

2.2015 GBP

5p ordinary

Purchase

1,391

2.1700 GBP

5p ordinary

Purchase

2,837

2.1836 GBP

5p ordinary

Purchase

2,902

2.1905 GBP

5p ordinary

Purchase

4,579

2.1884 GBP

5p ordinary

Purchase

4,959

2.2246 GBP

5p ordinary

Purchase

5,085

2.2117 GBP

5p ordinary

Purchase

6,255

2.1918 GBP

5p ordinary

Purchase

8,878

2.1995 GBP

5p ordinary

Purchase

10,146

2.1954 GBP

5p ordinary

Purchase

27,049

2.1907 GBP

5p ordinary

Purchase

104,580

2.1840 GBP

5p ordinary

Purchase

108,820

2.1919 GBP

5p ordinary

Sale

25

2.1919 GBP

5p ordinary

Sale

148

2.2160 GBP

5p ordinary

Sale

259

2.1702 GBP

5p ordinary

Sale

336

2.1940 GBP

5p ordinary

Sale

696

2.1863 GBP

5p ordinary

Sale

826

2.1880 GBP

5p ordinary

Sale

978

2.2082 GBP

5p ordinary

Sale

1,094

2.1840 GBP

5p ordinary

Sale

1,318

2.2233 GBP

5p ordinary

Sale

1,334

2.1701 GBP

5p ordinary

Sale

1,756

2.1958 GBP

5p ordinary

Sale

2,000

2.2310 GBP

5p ordinary

Sale

2,134

2.1924 GBP

5p ordinary

Sale

2,494

2.2346 GBP

5p ordinary

Sale

3,872

2.2151 GBP

5p ordinary

Sale

5,567

2.1882 GBP

5p ordinary

Sale

7,838

2.1988 GBP

5p ordinary

Sale

12,064

2.1908 GBP

5p ordinary

Sale

14,009

2.1926 GBP

5p ordinary

Sale

18,169

2.1700 GBP

5p ordinary

Sale

23,923

2.1811 GBP

5p ordinary

Sale

28,068

2.1892 GBP

5p ordinary

Sale

48,222

2.1946 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

83

2.2071 GBP

5p ordinary

SWAP

Long

583

2.2279 GBP

5p ordinary

SWAP

Long

1,318

2.2233 GBP

5p ordinary

SWAP

Long

2,134

2.1924 GBP

5p ordinary

SWAP

Long

2,494

2.2346 GBP

5p ordinary

SWAP

Long

2,890

2.1878 GBP

5p ordinary

SWAP

Long

5,271

2.1936 GBP

5p ordinary

SWAP

Long

6,390

2.1906 GBP

5p ordinary

CFD

Long

11,896

2.1700 GBP

5p ordinary

CFD

Short

90

2.1814 GBP

5p ordinary

SWAP

Short

615

2.2020 GBP

5p ordinary

CFD

Short

934

2.2323 GBP

5p ordinary

CFD

Short

1,383

2.1700 GBP

5p ordinary

SWAP

Short

1,596

2.1863 GBP

5p ordinary

SWAP

Short

2,213

2.2031 GBP

5p ordinary

SWAP

Short

2,631

2.2021 GBP

5p ordinary

SWAP

Short

4,042

2.1856 GBP

5p ordinary

SWAP

Short

4,579

2.1884 GBP

5p ordinary

SWAP

Short

4,632

2.1997 GBP

5p ordinary

SWAP

Short

7,157

2.1700 GBP

5p ordinary

CFD

Short

18,997

2.1701 GBP

5p ordinary

SWAP

Short

24,928

2.1985 GBP

5p ordinary

CFD

Short

27,592

2.2068 GBP

5p ordinary

SWAP

Short

46,689

2.1780 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:

22 Oct 2021

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 +44 (0)20 7638 0129.

*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/20211022005191/en/

Contacts

BARCLAYS PLC

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