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:

(b)	Owner or controller of interest and short
	positions disclosed, if different from 1(a):
(c)	Name of offeror/offeree in relation to whose
	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:
(f)	In addition to the company in 1(c) above, is the discloser making
	disclosures in respect of any other party to the offer?

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:	733,666	0.12%	7,460,827	1.21%

(2)	Cash-settled derivatives:
		7,210,613	1.17%	587,137	0.10%

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

(4)
	TOTAL:	7,944,279	1.29%	8,047,964	1.31%

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	67	2.2685 GBP
5p ordinary	Purchase	93	2.2540 GBP
5p ordinary	Purchase	404	2.2550 GBP
5p ordinary	Purchase	495	2.2556 GBP
5p ordinary	Purchase	1,020	2.2619 GBP
5p ordinary	Purchase	1,166	2.2541 GBP
5p ordinary	Purchase	1,342	2.2466 GBP
5p ordinary	Purchase	1,627	2.2485 GBP
5p ordinary	Purchase	1,797	2.2425 GBP
5p ordinary	Purchase	3,641	2.2575 GBP
5p ordinary	Purchase	5,404	2.2578 GBP
5p ordinary	Purchase	5,627	2.2566 GBP
5p ordinary	Purchase	7,259	2.2539 GBP
5p ordinary	Purchase	10,663	2.2412 GBP
5p ordinary	Purchase	25,431	2.2429 GBP
5p ordinary	Purchase	30,498	2.2360 GBP
5p ordinary	Purchase	65,635	2.2468 GBP
5p ordinary	Sale	71	2.2560 GBP
5p ordinary	Sale	88	2.1800 GBP
5p ordinary	Sale	175	2.2387 GBP
5p ordinary	Sale	218	2.2620 GBP
5p ordinary	Sale	552	2.2640 GBP
5p ordinary	Sale	647	2.2470 GBP
5p ordinary	Sale	1,200	2.2619 GBP
5p ordinary	Sale	2,374	2.2074 GBP
5p ordinary	Sale	2,558	2.2286 GBP
5p ordinary	Sale	2,717	2.2540 GBP
5p ordinary	Sale	2,731	2.1978 GBP
5p ordinary	Sale	3,510	2.2479 GBP
5p ordinary	Sale	5,141	2.2518 GBP
5p ordinary	Sale	5,570	2.2537 GBP
5p ordinary	Sale	5,853	2.2440 GBP
5p ordinary	Sale	6,216	2.2556 GBP
5p ordinary	Sale	6,860	2.2011 GBP
5p ordinary	Sale	7,247	2.2361 GBP
5p ordinary	Sale	8,063	2.2514 GBP
5p ordinary	Sale	9,401	2.2432 GBP
5p ordinary	Sale	9,907	2.2608 GBP
5p ordinary	Sale	10,689	2.2612 GBP
5p ordinary	Sale	15,692	2.2427 GBP
5p ordinary	Sale	22,581	2.2424 GBP
5p ordinary	Sale	27,418	2.2605 GBP
5p ordinary	Sale	39,364	2.2547 GBP
5p ordinary	Sale	42,145	2.2360 GBP
5p ordinary	Sale	53,275	2.2459 GBP
5p ordinary	Sale	58,986	2.2485 GBP
5p ordinary	Sale	77,376	2.2501 GBP

(b) Cash-settled derivative transactions


Class of	Product	Nature of dealing	Number of	Price per
relevant	description		reference	unit
security			securities
5p ordinary	CFD	Long	175	2.2387 GBP
5p ordinary	CFD	Long	1,895	2.2505 GBP
5p ordinary	SWAP	Long	2,374	2.2074 GBP
5p ordinary	SWAP	Long	2,731	2.1978 GBP
5p ordinary	CFD	Long	3,151	2.2485 GBP
5p ordinary	CFD	Long	3,423	2.2360 GBP
5p ordinary	SWAP	Long	3,804	2.2544 GBP
5p ordinary	SWAP	Long	5,067	2.2440 GBP
5p ordinary	CFD	Long	5,407	2.2436 GBP
5p ordinary	SWAP	Long	7,054	2.2377 GBP
5p ordinary	CFD	Long	8,686	2.2012 GBP
5p ordinary	CFD	Long	9,401	2.2432 GBP
5p ordinary	CFD	Long	9,907	2.2608 GBP
5p ordinary	CFD	Long	10,689	2.2612 GBP
5p ordinary	SWAP	Long	11,888	2.2390 GBP
5p ordinary	SWAP	Long	12,098	2.2414 GBP
5p ordinary	SWAP	Long	18,274	2.2524 GBP
5p ordinary	SWAP	Long	24,944	2.2517 GBP
5p ordinary	CFD	Long	27,418	2.2605 GBP
5p ordinary	SWAP	Long	37,561	2.2466 GBP
5p ordinary	SWAP	Long	38,722	2.2360 GBP
5p ordinary	CFD	Long	39,364	2.2547 GBP
5p ordinary	SWAP	Long	43,424	2.2554 GBP
5p ordinary	CFD	Long	53,275	2.2459 GBP
5p ordinary	SWAP	Short	60	2.2246 GBP
5p ordinary	SWAP	Short	239	2.2252 GBP
5p ordinary	CFD	Short	830	2.2426 GBP
5p ordinary	CFD	Short	967	2.2425 GBP
5p ordinary	SWAP	Short	2,676	2.2360 GBP
5p ordinary	SWAP	Short	4,583	2.2644 GBP
5p ordinary	SWAP	Short	5,404	2.2578 GBP
5p ordinary	SWAP	Short	14,132	2.2510 GBP
5p ordinary	CFD	Short	16,645	2.2361 GBP
5p ordinary	SWAP	Short	38,548	2.2506 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:				3 Dec 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.