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	4 Nov 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:	1,704,715	0.28%	5,171,556	0.84%

(2)	Cash-settled derivatives:
		4,723,447	0.77%	1,493,417	0.24%

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

(4)
	TOTAL:	6,428,162	1.05%	6,664,973	1.09%

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	156	2.3120 GBP
5p ordinary	Purchase	177	2.3080 GBP
5p ordinary	Purchase	177	2.3259 GBP
5p ordinary	Purchase	355	2.3350 GBP
5p ordinary	Purchase	510	2.3377 GBP
5p ordinary	Purchase	2,146	2.3500 GBP
5p ordinary	Purchase	3,227	2.3207 GBP
5p ordinary	Purchase	5,457	2.3215 GBP
5p ordinary	Purchase	9,639	2.3229 GBP
5p ordinary	Purchase	12,500	2.3090 GBP
5p ordinary	Purchase	18,844	2.3184 GBP
5p ordinary	Purchase	27,340	2.3244 GBP
5p ordinary	Purchase	29,631	2.3180 GBP
5p ordinary	Purchase	84,672	2.3164 GBP
5p ordinary	Purchase	90,000	2.3263 GBP
5p ordinary	Purchase	107,018	2.3089 GBP
5p ordinary	Sale	2	2.3560 GBP
5p ordinary	Sale	177	2.3069 GBP
5p ordinary	Sale	184	2.2960 GBP
5p ordinary	Sale	355	2.3350 GBP
5p ordinary	Sale	1,097	2.3063 GBP
5p ordinary	Sale	1,259	2.3056 GBP
5p ordinary	Sale	3,399	2.3266 GBP
5p ordinary	Sale	4,104	2.3526 GBP
5p ordinary	Sale	4,513	2.3325 GBP
5p ordinary	Sale	4,675	2.2979 GBP
5p ordinary	Sale	4,720	2.3399 GBP
5p ordinary	Sale	4,788	2.3260 GBP
5p ordinary	Sale	5,244	2.3085 GBP
5p ordinary	Sale	5,275	2.3300 GBP
5p ordinary	Sale	5,594	2.3250 GBP
5p ordinary	Sale	6,761	2.3027 GBP
5p ordinary	Sale	8,717	2.3238 GBP
5p ordinary	Sale	9,816	2.3179 GBP
5p ordinary	Sale	10,105	2.3290 GBP
5p ordinary	Sale	11,788	2.3403 GBP
5p ordinary	Sale	12,500	2.3090 GBP
5p ordinary	Sale	19,400	2.3017 GBP
5p ordinary	Sale	23,352	2.3254 GBP
5p ordinary	Sale	36,758	2.3163 GBP
5p ordinary	Sale	44,479	2.3252 GBP
5p ordinary	Sale	54,590	2.3259 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	2	2.3550 GBP
5p ordinary	SWAP	Long	228	2.3245 GBP
5p ordinary	SWAP	Long	237	2.3364 GBP
5p ordinary	SWAP	Long	274	2.3292 GBP
5p ordinary	SWAP	Long	277	2.3020 GBP
5p ordinary	SWAP	Long	520	2.3242 GBP
5p ordinary	SWAP	Long	524	2.3021 GBP
5p ordinary	SWAP	Long	625	2.3291 GBP
5p ordinary	SWAP	Long	627	2.3019 GBP
5p ordinary	SWAP	Long	1,157	2.3018 GBP
5p ordinary	SWAP	Long	1,994	2.3250 GBP
5p ordinary	SWAP	Long	3,095	2.3391 GBP
5p ordinary	SWAP	Long	3,403	2.3289 GBP
5p ordinary	SWAP	Long	3,447	2.3251 GBP
5p ordinary	SWAP	Long	3,867	2.3536 GBP
5p ordinary	SWAP	Long	4,513	2.3325 GBP
5p ordinary	SWAP	Long	4,720	2.3399 GBP
5p ordinary	SWAP	Long	4,865	2.3494 GBP
5p ordinary	SWAP	Long	5,803	2.3290 GBP
5p ordinary	SWAP	Long	6,088	2.3200 GBP
5p ordinary	SWAP	Long	6,923	2.3340 GBP
5p ordinary	SWAP	Long	7,969	2.3238 GBP
5p ordinary	SWAP	Long	9,816	2.3179 GBP
5p ordinary	SWAP	Long	17,719	2.3017 GBP
5p ordinary	CFD	Long	17,913	2.3178 GBP
5p ordinary	SWAP	Long	19,144	2.3252 GBP
5p ordinary	SWAP	Long	25,488	2.3253 GBP
5p ordinary	CFD	Long	27,978	2.3035 GBP
5p ordinary	SWAP	Short	900	2.3208 GBP
5p ordinary	SWAP	Short	953	2.3180 GBP
5p ordinary	CFD	Short	2,657	2.2881 GBP
5p ordinary	SWAP	Short	6,169	2.3096 GBP
5p ordinary	SWAP	Short	8,467	2.3248 GBP
5p ordinary	SWAP	Short	13,951	2.3274 GBP
5p ordinary	SWAP	Short	16,757	2.3092 GBP
5p ordinary	CFD	Short	20,675	2.3180 GBP
5p ordinary	CFD	Short	27,340	2.3244 GBP
5p ordinary	SWAP	Short	31,833	2.3169 GBP
5p ordinary	SWAP	Short	39,577	2.3232 GBP
5p ordinary	SWAP	Short	44,142	2.3103 GBP
5p ordinary	SWAP	Short	58,223	2.3047 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:	5 Nov 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.