Barclays PLC - Major Shareholding Notification 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:	27 September 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:	1,871,817	0.30%	4,853,237	0.79%

(2)	Cash-settled derivatives:
		4,369,009	0.71%	1,484,992	0.24%

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

(4)
	TOTAL:	6,240,826	1.02%	6,338,229	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	31	2.6096 GBP
5p ordinary	Purchase	88	2.5000 GBP
5p ordinary	Purchase	282	2.5623 GBP
5p ordinary	Purchase	802	2.5514 GBP
5p ordinary	Purchase	894	2.5502 GBP
5p ordinary	Purchase	1,500	2.5827 GBP
5p ordinary	Purchase	2,242	2.6038 GBP
5p ordinary	Purchase	3,766	2.5285 GBP
5p ordinary	Purchase	3,928	2.5342 GBP
5p ordinary	Purchase	4,256	2.6140 GBP
5p ordinary	Purchase	7,249	2.5855 GBP
5p ordinary	Purchase	9,664	2.5519 GBP
5p ordinary	Purchase	10,019	2.5544 GBP
5p ordinary	Purchase	10,337	2.5511 GBP
5p ordinary	Purchase	20,775	2.6138 GBP
5p ordinary	Purchase	22,183	2.5606 GBP
5p ordinary	Purchase	30,882	2.5494 GBP
5p ordinary	Purchase	35,596	2.5731 GBP
5p ordinary	Purchase	75,573	2.5942 GBP
5p ordinary	Sale	47	2.6088 GBP
5p ordinary	Sale	166	2.5875 GBP
5p ordinary	Sale	252	2.5460 GBP
5p ordinary	Sale	726	2.5551 GBP
5p ordinary	Sale	744	2.5880 GBP
5p ordinary	Sale	757	2.5709 GBP
5p ordinary	Sale	1,430	2.6048 GBP
5p ordinary	Sale	1,774	2.5499 GBP
5p ordinary	Sale	2,079	2.5330 GBP
5p ordinary	Sale	3,119	2.5350 GBP
5p ordinary	Sale	4,847	2.5969 GBP
5p ordinary	Sale	5,354	2.5625 GBP
5p ordinary	Sale	5,936	2.5545 GBP
5p ordinary	Sale	8,383	2.5703 GBP
5p ordinary	Sale	9,397	2.5536 GBP
5p ordinary	Sale	9,510	2.5555 GBP
5p ordinary	Sale	10,815	2.6040 GBP
5p ordinary	Sale	12,899	2.5430 GBP
5p ordinary	Sale	16,584	2.6080 GBP
5p ordinary	Sale	36,597	2.6140 GBP
5p ordinary	Sale	71,880	2.5626 GBP
5p ordinary	Sale	150,929	2.6020 GBP
5p ordinary	Sale	215,637	2.5634 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	47	2.6088 GBP
5p ordinary	SWAP	Long	166	2.5876 GBP
5p ordinary	SWAP	Long	726	2.5551 GBP
5p ordinary	SWAP	Long	757	2.5709 GBP
5p ordinary	SWAP	Long	1,057	2.5703 GBP
5p ordinary	SWAP	Long	1,430	2.6048 GBP
5p ordinary	SWAP	Long	1,774	2.5499 GBP
5p ordinary	SWAP	Long	3,600	2.5990 GBP
5p ordinary	SWAP	Long	4,537	2.6065 GBP
5p ordinary	SWAP	Long	4,919	2.6049 GBP
5p ordinary	SWAP	Long	5,348	2.5388 GBP
5p ordinary	CFD	Long	5,375	2.5761 GBP
5p ordinary	SWAP	Long	6,278	2.6021 GBP
5p ordinary	SWAP	Long	8,065	2.6139 GBP
5p ordinary	CFD	Long	15,822	2.6140 GBP
5p ordinary	SWAP	Long	17,865	2.5939 GBP
5p ordinary	CFD	Long	26,049	2.6138 GBP
5p ordinary	SWAP	Long	37,480	2.5969 GBP
5p ordinary	SWAP	Long	71,880	2.5626 GBP
5p ordinary	SWAP	Long	87,062	2.5963 GBP
5p ordinary	SWAP	Long	215,637	2.5634 GBP
5p ordinary	CFD	Short	31	2.6096 GBP
5p ordinary	SWAP	Short	282	2.5622 GBP
5p ordinary	SWAP	Short	894	2.5502 GBP
5p ordinary	SWAP	Short	1,500	2.5827 GBP
5p ordinary	SWAP	Short	2,242	2.6038 GBP
5p ordinary	SWAP	Short	3,766	2.5285 GBP
5p ordinary	CFD	Short	3,807	2.6140 GBP
5p ordinary	SWAP	Short	3,928	2.5342 GBP
5p ordinary	SWAP	Short	6,977	2.5783 GBP
5p ordinary	SWAP	Short	7,249	2.5855 GBP
5p ordinary	SWAP	Short	9,171	2.5541 GBP
5p ordinary	SWAP	Short	9,664	2.5519 GBP
5p ordinary	SWAP	Short	10,337	2.5511 GBP
5p ordinary	SWAP	Short	16,856	2.5527 GBP
5p ordinary	SWAP	Short	35,596	2.5731 GBP
5p ordinary	SWAP	Short	75,573	2.5942 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:				28 Sep 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.