Barclays PLC — Major Shareholding Notification 2021

Dec 6, 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:	03 December 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:	720,959	0.12%	7,536,873	1.23%
(2)	Cash-settled derivatives:
		7,266,067	1.18%	553,838	0.09%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:	0	0.00%	0	0.00%
	TOTAL:	7,987,026	1.30%	8,090,711	1.32%

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	84	2.2680 GBP
5p ordinary	Purchase	330	2.2520 GBP
5p ordinary	Purchase	545	2.2557 GBP
5p ordinary	Purchase	893	2.2699 GBP
5p ordinary	Purchase	1,008	2.2504 GBP
5p ordinary	Purchase	1,944	2.2620 GBP
5p ordinary	Purchase	2,132	2.2577 GBP
5p ordinary	Purchase	3,237	2.2551 GBP
5p ordinary	Purchase	4,828	2.2510 GBP
5p ordinary	Purchase	5,146	2.2522 GBP
5p ordinary	Purchase	9,920	2.2508 GBP
5p ordinary	Purchase	19,783	2.2553 GBP
5p ordinary	Purchase	20,694	2.2500 GBP
5p ordinary	Purchase	30,369	2.2440 GBP
5p ordinary	Purchase	39,055	2.2546 GBP
5p ordinary	Sale	174	2.2438 GBP
5p ordinary	Sale	307	2.2527 GBP
5p ordinary	Sale	545	2.2480 GBP
5p ordinary	Sale	637	2.2514 GBP
5p ordinary	Sale	672	2.2500 GBP
5p ordinary	Sale	678	2.2498 GBP
5p ordinary	Sale	1,402	2.2536 GBP
5p ordinary	Sale	1,944	2.2620 GBP
5p ordinary	Sale	2,269	2.2523 GBP
5p ordinary	Sale	2,322	2.2505 GBP
5p ordinary	Sale	2,399	2.2573 GBP
5p ordinary	Sale	2,547	2.2600 GBP
5p ordinary	Sale	3,333	2.2531 GBP
5p ordinary	Sale	3,944	2.2529 GBP
5p ordinary	Sale	4,155	2.2526 GBP
5p ordinary	Sale	5,055	2.2440 GBP
5p ordinary	Sale	5,346	2.2528 GBP
5p ordinary	Sale	5,381	2.2510 GBP
5p ordinary	Sale	6,073	2.2471 GBP
5p ordinary	Sale	9,418	2.2487 GBP
5p ordinary	Sale	13,022	2.2533 GBP
5p ordinary	Sale	16,400	2.2483 GBP
5p ordinary	Sale	21,280	2.2441 GBP
5p ordinary	Sale	30,432	2.2503 GBP
5p ordinary	Sale	88,986	2.2538 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	11	2.2436 GBP
5p ordinary	SWAP	Long	135	2.2499 GBP
5p ordinary	CFD	Long	174	2.2437 GBP
5p ordinary	SWAP	Long	2,269	2.2523 GBP
5p ordinary	SWAP	Long	2,322	2.2505 GBP
5p ordinary	SWAP	Long	2,399	2.2573 GBP
5p ordinary	SWAP	Long	3,634	2.2510 GBP
5p ordinary	SWAP	Long	3,791	2.2612 GBP
5p ordinary	SWAP	Long	3,982	2.2467 GBP
5p ordinary	SWAP	Long	5,044	2.2440 GBP
5p ordinary	SWAP	Long	6,073	2.2471 GBP
5p ordinary	SWAP	Long	6,376	2.2439 GBP
5p ordinary	CFD	Long	9,418	2.2487 GBP
5p ordinary	CFD	Long	12,811	2.2489 GBP
5p ordinary	SWAP	Long	18,919	2.2536 GBP
5p ordinary	SWAP	Long	23,883	2.2530 GBP
5p ordinary	SWAP	Long	31,742	2.2548 GBP
5p ordinary	SWAP	Long	44,791	2.2535 GBP
5p ordinary	SWAP	Short	84	2.2680 GBP
5p ordinary	SWAP	Short	100	2.2480 GBP
5p ordinary	SWAP	Short	893	2.2699 GBP
5p ordinary	CFD	Short	2,132	2.2577 GBP
5p ordinary	CFD	Short	4,828	2.2510 GBP
5p ordinary	CFD	Short	9,089	2.2440 GBP
5p ordinary	CFD	Short	9,920	2.2508 GBP
5p ordinary	SWAP	Short	10,871	2.2525 GBP
5p ordinary	CFD	Short	12,030	2.2441 GBP
5p ordinary	SWAP	Short	19,291	2.2624 GBP
5p ordinary	CFD	Short	19,783	2.2553 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/20211206005370/en/

BARCLAYS PLC