Barclays PLC — Major Shareholding Notification 2021

Nov 16, 2021

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:	15 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:	1,105,815	0.18%	5,636,727	0.92%
(2)	Cash-settled derivatives:
		5,271,980	0.86%	897,947	0.15%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:	0	0.00%	0	0.00%
	TOTAL:	6,377,795	1.04%	6,534,674	1.06%

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	75	2.4000 GBP
5p ordinary	Purchase	111	2.4082 GBP
5p ordinary	Purchase	229	2.4077 GBP
5p ordinary	Purchase	2,576	2.4140 GBP
5p ordinary	Purchase	2,969	2.4087 GBP
5p ordinary	Purchase	13,564	2.4018 GBP
5p ordinary	Purchase	21,096	2.4058 GBP
5p ordinary	Purchase	27,232	2.4120 GBP
5p ordinary	Sale	9	2.4022 GBP
5p ordinary	Sale	26	2.4121 GBP
5p ordinary	Sale	38	2.4036 GBP
5p ordinary	Sale	204	2.4081 GBP
5p ordinary	Sale	223	2.4035 GBP
5p ordinary	Sale	262	2.4009 GBP
5p ordinary	Sale	379	2.3974 GBP
5p ordinary	Sale	391	2.3979 GBP
5p ordinary	Sale	440	2.4102 GBP
5p ordinary	Sale	778	2.4100 GBP
5p ordinary	Sale	793	2.3945 GBP
5p ordinary	Sale	1,067	2.4132 GBP
5p ordinary	Sale	1,125	2.4000 GBP
5p ordinary	Sale	1,977	2.4070 GBP
5p ordinary	Sale	2,338	2.4126 GBP
5p ordinary	Sale	2,576	2.4140 GBP
5p ordinary	Sale	4,171	2.3800 GBP
5p ordinary	Sale	4,232	2.4020 GBP
5p ordinary	Sale	5,663	2.4014 GBP
5p ordinary	Sale	5,936	2.4086 GBP
5p ordinary	Sale	19,613	2.4042 GBP
5p ordinary	Sale	30,201	2.4120 GBP
5p ordinary	Sale	84,646	2.4105 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	38	2.4037 GBP
5p ordinary	SWAP	Long	39	2.4139 GBP
5p ordinary	SWAP	Long	204	2.4081 GBP
5p ordinary	SWAP	Long	262	2.4009 GBP
5p ordinary	SWAP	Long	379	2.3974 GBP
5p ordinary	SWAP	Long	391	2.3979 GBP
5p ordinary	SWAP	Long	793	2.3944 GBP
5p ordinary	CFD	Long	1,042	2.4136 GBP
5p ordinary	SWAP	Long	1,977	2.4070 GBP
5p ordinary	SWAP	Long	4,491	2.4011 GBP
5p ordinary	SWAP	Long	4,818	2.4035 GBP
5p ordinary	SWAP	Long	5,624	2.4014 GBP
5p ordinary	CFD	Long	9,224	2.4120 GBP
5p ordinary	SWAP	Long	11,843	2.4089 GBP
5p ordinary	SWAP	Long	12,920	2.4002 GBP
5p ordinary	SWAP	Long	14,233	2.4119 GBP
5p ordinary	CFD	Long	64,476	2.4116 GBP
5p ordinary	CFD	Short	111	2.4082 GBP
5p ordinary	SWAP	Short	393	2.4034 GBP
5p ordinary	SWAP	Short	888	2.3920 GBP
5p ordinary	SWAP	Short	7,215	2.3981 GBP
5p ordinary	SWAP	Short	8,037	2.4087 GBP
5p ordinary	CFD	Short	21,096	2.4058 GBP
5p ordinary	SWAP	Short	26,986	2.4120 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?
Date of disclosure:
Contact name:
Telephone number:

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/20211116005806/en/

BARCLAYS PLC