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:	10 November 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:	1,349,557	0.22%	5,542,653	0.90%

(2)	Cash-settled derivatives:
		5,156,772	0.84%	1,087,366	0.18%

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


	TOTAL:	6,506,329	1.06%	6,630,019	1.08%

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	144	2.3562 GBP
5p ordinary	Purchase	175	2.3554 GBP
5p ordinary	Purchase	216	2.3588 GBP
5p ordinary	Purchase	338	2.3660 GBP
5p ordinary	Purchase	543	2.3460 GBP
5p ordinary	Purchase	680	2.3606 GBP
5p ordinary	Purchase	1,113	2.3582 GBP
5p ordinary	Purchase	1,312	2.3620 GBP
5p ordinary	Purchase	1,758	2.3504 GBP
5p ordinary	Purchase	1,830	2.3497 GBP
5p ordinary	Purchase	3,531	2.3540 GBP
5p ordinary	Purchase	3,925	2.3600 GBP
5p ordinary	Purchase	3,952	2.3640 GBP
5p ordinary	Purchase	4,367	2.3575 GBP
5p ordinary	Purchase	6,422	2.3617 GBP
5p ordinary	Purchase	6,901	2.3615 GBP
5p ordinary	Purchase	7,459	2.3580 GBP
5p ordinary	Purchase	7,897	2.3583 GBP
5p ordinary	Purchase	7,966	2.3635 GBP
5p ordinary	Purchase	8,690	2.3563 GBP
5p ordinary	Purchase	11,790	2.3622 GBP
5p ordinary	Purchase	13,239	2.3567 GBP
5p ordinary	Purchase	13,796	2.3579 GBP
5p ordinary	Purchase	19,423	2.3520 GBP
5p ordinary	Purchase	19,467	2.3557 GBP
5p ordinary	Purchase	20,793	2.3584 GBP
5p ordinary	Purchase	27,337	2.3550 GBP
5p ordinary	Purchase	81,652	2.3576 GBP
5p ordinary	Sale	12	2.3658 GBP
5p ordinary	Sale	24	2.3560 GBP
5p ordinary	Sale	35	2.3440 GBP
5p ordinary	Sale	79	2.3548 GBP
5p ordinary	Sale	134	2.3502 GBP
5p ordinary	Sale	160	2.3624 GBP
5p ordinary	Sale	281	2.3529 GBP
5p ordinary	Sale	338	2.3662 GBP
5p ordinary	Sale	543	2.3460 GBP
5p ordinary	Sale	554	2.3420 GBP
5p ordinary	Sale	557	2.3605 GBP
5p ordinary	Sale	594	2.3573 GBP
5p ordinary	Sale	1,107	2.3646 GBP
5p ordinary	Sale	1,312	2.3500 GBP
5p ordinary	Sale	1,312	2.3620 GBP
5p ordinary	Sale	1,503	2.3512 GBP
5p ordinary	Sale	1,530	2.3520 GBP
5p ordinary	Sale	1,769	2.3579 GBP
5p ordinary	Sale	2,344	2.3541 GBP
5p ordinary	Sale	3,277	2.3540 GBP
5p ordinary	Sale	3,925	2.3600 GBP
5p ordinary	Sale	3,952	2.3640 GBP
5p ordinary	Sale	4,646	2.3505 GBP
5p ordinary	Sale	5,690	2.3568 GBP
5p ordinary	Sale	10,373	2.3580 GBP
5p ordinary	Sale	52,182	2.3566 GBP
5p ordinary	Sale	158,840	2.3581 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	1	2.3626 GBP
5p ordinary	SWAP	Long	5	2.3657 GBP
5p ordinary	SWAP	Long	7	2.3652 GBP
5p ordinary	SWAP	Long	9	2.3600 GBP
5p ordinary	SWAP	Long	12	2.3619 GBP
5p ordinary	SWAP	Long	15	2.3501 GBP
5p ordinary	SWAP	Long	22	2.3597 GBP
5p ordinary	SWAP	Long	24	2.3559 GBP
5p ordinary	SWAP	Long	35	2.3439 GBP
5p ordinary	SWAP	Long	37	2.3525 GBP
5p ordinary	SWAP	Long	61	2.3598 GBP
5p ordinary	SWAP	Long	72	2.3621 GBP
5p ordinary	SWAP	Long	75	2.3627 GBP
5p ordinary	SWAP	Long	79	2.3548 GBP
5p ordinary	SWAP	Long	119	2.3502 GBP
5p ordinary	SWAP	Long	147	2.3595 GBP
5p ordinary	SWAP	Long	175	2.3609 GBP
5p ordinary	SWAP	Long	213	2.3608 GBP
5p ordinary	SWAP	Long	244	2.3529 GBP
5p ordinary	SWAP	Long	514	2.3816 GBP
5p ordinary	SWAP	Long	593	2.3499 GBP
5p ordinary	SWAP	Long	1,029	2.3566 GBP
5p ordinary	SWAP	Long	1,385	2.3617 GBP
5p ordinary	SWAP	Long	1,769	2.3579 GBP
5p ordinary	SWAP	Long	15,819	2.3569 GBP
5p ordinary	SWAP	Long	21,718	2.3551 GBP
5p ordinary	SWAP	Long	22,244	2.3577 GBP
5p ordinary	SWAP	Short	100	2.3520 GBP
5p ordinary	CFD	Short	144	2.3561 GBP
5p ordinary	SWAP	Short	297	2.3500 GBP
5p ordinary	SWAP	Short	2,650	2.3537 GBP
5p ordinary	CFD	Short	3,288	2.3579 GBP
5p ordinary	SWAP	Short	5,491	2.3519 GBP
5p ordinary	SWAP	Short	7,669	2.3640 GBP
5p ordinary	CFD	Short	11,401	2.3581 GBP
5p ordinary	SWAP	Short	11,931	2.3498 GBP
5p ordinary	SWAP	Short	15,406	2.3590 GBP
5p ordinary	CFD	Short	18,332	2.3520 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:				11 Nov 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.