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 interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	NATIONAL EXPRESS GROUP PLC
(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: For an opening position disclosure, state the latest practicable date prior to the disclosure	29 September 2021
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A”	YES : 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:	1,732,820	0.28%	4,936,940	0.80%

(2)	Cash-settled derivatives:
		4,443,478	0.72%	1,387,317	0.23%

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

(4)
	TOTAL:	6,176,298	1.01%	6,324,257	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	101	2.4861 GBP
5p ordinary	Purchase	252	2.4839 GBP
5p ordinary	Purchase	500	2.4885 GBP
5p ordinary	Purchase	742	2.5002 GBP
5p ordinary	Purchase	1,239	2.4940 GBP
5p ordinary	Purchase	2,225	2.4864 GBP
5p ordinary	Purchase	3,708	2.5100 GBP
5p ordinary	Purchase	3,726	2.4900 GBP
5p ordinary	Purchase	3,741	2.4860 GBP
5p ordinary	Purchase	3,752	2.5000 GBP
5p ordinary	Purchase	23,136	2.4840 GBP
5p ordinary	Purchase	29,229	2.4872 GBP
5p ordinary	Purchase	57,885	2.4850 GBP
5p ordinary	Sale	4	2.4970 GBP
5p ordinary	Sale	8	2.4962 GBP
5p ordinary	Sale	159	2.4974 GBP
5p ordinary	Sale	492	2.4888 GBP
5p ordinary	Sale	711	2.4877 GBP
5p ordinary	Sale	979	2.4940 GBP
5p ordinary	Sale	1,081	2.4911 GBP
5p ordinary	Sale	1,123	2.4906 GBP
5p ordinary	Sale	1,124	2.4957 GBP
5p ordinary	Sale	1,553	2.4964 GBP
5p ordinary	Sale	1,567	2.4973 GBP
5p ordinary	Sale	2,477	2.4932 GBP
5p ordinary	Sale	3,708	2.5100 GBP
5p ordinary	Sale	3,726	2.4900 GBP
5p ordinary	Sale	3,752	2.5000 GBP
5p ordinary	Sale	3,906	2.4853 GBP
5p ordinary	Sale	4,766	2.4854 GBP
5p ordinary	Sale	5,094	2.4927 GBP
5p ordinary	Sale	5,258	2.4860 GBP
5p ordinary	Sale	6,926	2.4934 GBP
5p ordinary	Sale	7,846	2.4887 GBP
5p ordinary	Sale	9,507	2.5030 GBP
5p ordinary	Sale	10,603	2.4951 GBP
5p ordinary	Sale	10,613	2.4841 GBP
5p ordinary	Sale	11,303	2.4840 GBP
5p ordinary	Sale	12,133	2.5122 GBP
5p ordinary	Sale	12,143	2.4998 GBP
5p ordinary	Sale	12,310	2.4918 GBP
5p ordinary	Sale	13,201	2.4966 GBP
5p ordinary	Sale	13,308	2.4948 GBP
5p ordinary	Sale	28,225	2.4875 GBP
5p ordinary	Sale	29,440	2.4843 GBP
5p ordinary	Sale	39,850	2.4901 GBP
5p ordinary	Sale	108,147	2.4903 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	4	2.4969 GBP
5p ordinary	SWAP	Long	4	2.5179 GBP
5p ordinary	SWAP	Long	8	2.4967 GBP
5p ordinary	SWAP	Long	195	2.5032 GBP
5p ordinary	SWAP	Long	334	2.4841 GBP
5p ordinary	SWAP	Long	711	2.4877 GBP
5p ordinary	SWAP	Long	1,081	2.4911 GBP
5p ordinary	SWAP	Long	1,124	2.4957 GBP
5p ordinary	SWAP	Long	1,553	2.4964 GBP
5p ordinary	SWAP	Long	2,477	2.4932 GBP
5p ordinary	SWAP	Long	2,966	2.4900 GBP
5p ordinary	CFD	Long	3,389	2.4838 GBP
5p ordinary	SWAP	Long	5,094	2.4927 GBP
5p ordinary	SWAP	Long	6,985	2.4917 GBP
5p ordinary	SWAP	Long	9,092	2.4839 GBP
5p ordinary	CFD	Long	11,303	2.4839 GBP
5p ordinary	SWAP	Long	13,113	2.4947 GBP
5p ordinary	SWAP	Long	19,129	2.4892 GBP
5p ordinary	CFD	Long	22,575	2.4885 GBP
5p ordinary	SWAP	Long	33,981	2.4901 GBP
5p ordinary	SWAP	Long	41,097	2.4898 GBP
5p ordinary	SWAP	Long	60,416	2.4920 GBP
5p ordinary	SWAP	Short	101	2.4860 GBP
5p ordinary	SWAP	Short	226	2.5079 GBP
5p ordinary	SWAP	Short	252	2.4839 GBP
5p ordinary	SWAP	Short	294	2.4811 GBP
5p ordinary	SWAP	Short	392	2.4840 GBP
5p ordinary	SWAP	Short	495	2.4877 GBP
5p ordinary	SWAP	Short	500	2.4885 GBP
5p ordinary	SWAP	Short	724	2.5007 GBP
5p ordinary	SWAP	Short	945	2.4980 GBP
5p ordinary	SWAP	Short	1,833	2.4870 GBP
5p ordinary	CFD	Short	10,270	2.4841 GBP
5p ordinary	CFD	Short	12,857	2.4840 GBP
5p ordinary	SWAP	Short	18,256	2.4888 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:	30 Sept 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.