Barclays PLC - M&A Activity 2021 | FinancialReports.eu

National Storage Mechanism | Additional information

FORM 8.3 - NATIONAL EXPRESS GROUP PLC

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:	11 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:	1,719,564	0.28%	4,850,437	0.79%

(2)	Cash-settled derivatives:
		4,421,854	0.72%	1,448,489	0.24%

(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:	0	0.00%	0	0.00%

(4)
	TOTAL:	6,141,418	1.00%	6,298,926	1.03%

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	1,119	2.3664 GBP
5p ordinary	Purchase	1,528	2.3660 GBP
5p ordinary	Purchase	1,640	2.3644 GBP
5p ordinary	Purchase	2,054	2.3638 GBP
5p ordinary	Purchase	2,085	2.3680 GBP
5p ordinary	Purchase	2,250	2.3436 GBP
5p ordinary	Purchase	2,839	2.3650 GBP
5p ordinary	Purchase	4,506	2.3648 GBP
5p ordinary	Purchase	5,270	2.3549 GBP
5p ordinary	Purchase	6,253	2.3503 GBP
5p ordinary	Purchase	13,255	2.3524 GBP
5p ordinary	Purchase	19,070	2.3502 GBP
5p ordinary	Purchase	21,684	2.3512 GBP
5p ordinary	Purchase	22,743	2.3740 GBP
5p ordinary	Sale	34	2.3576 GBP
5p ordinary	Sale	84	2.3479 GBP
5p ordinary	Sale	95	2.3518 GBP
5p ordinary	Sale	156	2.3704 GBP
5p ordinary	Sale	216	2.3200 GBP
5p ordinary	Sale	271	2.3240 GBP
5p ordinary	Sale	379	2.3588 GBP
5p ordinary	Sale	433	2.3521 GBP
5p ordinary	Sale	807	2.3612 GBP
5p ordinary	Sale	1,905	2.3582 GBP
5p ordinary	Sale	2,839	2.3650 GBP
5p ordinary	Sale	2,901	2.3557 GBP
5p ordinary	Sale	3,021	2.3257 GBP
5p ordinary	Sale	3,438	2.3554 GBP
5p ordinary	Sale	9,759	2.3740 GBP
5p ordinary	Sale	11,673	2.3741 GBP
5p ordinary	Sale	18,404	2.3504 GBP
5p ordinary	Sale	41,296	2.3665 GBP
5p ordinary	Sale	46,052	2.3700 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	34	2.3577 GBP
5p ordinary	SWAP	Long	84	2.3478 GBP
5p ordinary	SWAP	Long	95	2.3518 GBP
5p ordinary	SWAP	Long	156	2.3704 GBP
5p ordinary	SWAP	Long	433	2.3521 GBP
5p ordinary	SWAP	Long	866	2.3382 GBP
5p ordinary	SWAP	Long	1,905	2.3582 GBP
5p ordinary	SWAP	Long	2,827	2.3358 GBP
5p ordinary	SWAP	Long	3,007	2.3500 GBP
5p ordinary	CFD	Long	6,853	2.3739 GBP
5p ordinary	SWAP	Long	8,414	2.3621 GBP
5p ordinary	SWAP	Long	9,990	2.3405 GBP
5p ordinary	SWAP	Long	20,328	2.3708 GBP
5p ordinary	SWAP	Long	22,280	2.3653 GBP
5p ordinary	SWAP	Long	46,052	2.3700 GBP
5p ordinary	SWAP	Short	3	2.3490 GBP
5p ordinary	SWAP	Short	5	2.3546 GBP
5p ordinary	SWAP	Short	5	2.3652 GBP
5p ordinary	SWAP	Short	14	2.3492 GBP
5p ordinary	SWAP	Short	16	2.3671 GBP
5p ordinary	SWAP	Short	20	2.3523 GBP
5p ordinary	SWAP	Short	53	2.3667 GBP
5p ordinary	SWAP	Short	88	2.3464 GBP
5p ordinary	SWAP	Short	89	2.3496 GBP
5p ordinary	SWAP	Short	97	2.3469 GBP
5p ordinary	SWAP	Short	110	2.3642 GBP
5p ordinary	SWAP	Short	110	2.3658 GBP
5p ordinary	SWAP	Short	117	2.3666 GBP
5p ordinary	SWAP	Short	130	2.3649 GBP
5p ordinary	SWAP	Short	168	2.3645 GBP
5p ordinary	SWAP	Short	209	2.3441 GBP
5p ordinary	SWAP	Short	212	2.3638 GBP
5p ordinary	SWAP	Short	271	2.3536 GBP
5p ordinary	SWAP	Short	348	2.3665 GBP
5p ordinary	SWAP	Short	420	2.3520 GBP
5p ordinary	SWAP	Short	479	2.3650 GBP
5p ordinary	SWAP	Short	580	2.3664 GBP
5p ordinary	SWAP	Short	622	2.3460 GBP
5p ordinary	SWAP	Short	627	2.3640 GBP
5p ordinary	SWAP	Short	669	2.3470 GBP
5p ordinary	SWAP	Short	713	2.3525 GBP
5p ordinary	SWAP	Short	1,029	2.3507 GBP
5p ordinary	SWAP	Short	1,040	2.3639 GBP
5p ordinary	SWAP	Short	1,295	2.3527 GBP
5p ordinary	SWAP	Short	1,335	2.3644 GBP
5p ordinary	SWAP	Short	1,528	2.3660 GBP
5p ordinary	SWAP	Short	1,763	2.3648 GBP
5p ordinary	SWAP	Short	1,889	2.3357 GBP
5p ordinary	SWAP	Short	1,905	2.3502 GBP
5p ordinary	SWAP	Short	1,938	2.3432 GBP
5p ordinary	SWAP	Short	2,085	2.3680 GBP
5p ordinary	SWAP	Short	2,198	2.3647 GBP
5p ordinary	SWAP	Short	3,381	2.3656 GBP
5p ordinary	SWAP	Short	6,605	2.3509 GBP
5p ordinary	SWAP	Short	6,931	2.3423 GBP
5p ordinary	SWAP	Short	10,210	2.3528 GBP
5p ordinary	SWAP	Short	11,070	2.3740 GBP
5p ordinary	SWAP	Short	12,517	2.3598 GBP
5p ordinary	SWAP	Short	15,006	2.3503 GBP

(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

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

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


Is a Supplemental Form 8 (Open Positions) attached?				NO
Date of disclosure:				12 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.