Barclays PLC — Major Shareholding Notification 2021

Dec 9, 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:	08 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:	586,369	0.10%	7,650,030	1.25%
(2)	Cash-settled derivatives:
		7,391,935	1.20%	419,159	0.07%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:	0	0.00%	0	0.00%
	TOTAL:	7,978,304	1.30%	8,069,189	1.31%

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	339	2.2840 GBP
5p ordinary	Purchase	551	2.3100 GBP
5p ordinary	Purchase	658	2.3420 GBP
5p ordinary	Purchase	951	2.3094 GBP
5p ordinary	Purchase	1,106	2.3323 GBP
5p ordinary	Purchase	1,167	2.3343 GBP
5p ordinary	Purchase	1,729	2.3370 GBP
5p ordinary	Purchase	1,830	2.3030 GBP
5p ordinary	Purchase	2,037	2.3135 GBP
5p ordinary	Purchase	3,393	2.3097 GBP
5p ordinary	Purchase	3,853	2.3490 GBP
5p ordinary	Purchase	4,055	2.3057 GBP
5p ordinary	Purchase	5,540	2.3235 GBP
5p ordinary	Purchase	6,060	2.3021 GBP
5p ordinary	Purchase	20,000	2.2680 GBP
5p ordinary	Purchase	39,994	2.3460 GBP
5p ordinary	Purchase	101,859	2.3187 GBP
5p ordinary	Purchase	110,467	2.3204 GBP
5p ordinary	Sale	79	2.3143 GBP
5p ordinary	Sale	153	2.3461 GBP
5p ordinary	Sale	363	2.3369 GBP
5p ordinary	Sale	477	2.3102 GBP
5p ordinary	Sale	552	2.2880 GBP
5p ordinary	Sale	564	2.3380 GBP
5p ordinary	Sale	605	2.3310 GBP
5p ordinary	Sale	1,102	2.3172 GBP
5p ordinary	Sale	1,302	2.3355 GBP
5p ordinary	Sale	1,653	2.2908 GBP
5p ordinary	Sale	1,731	2.2953 GBP
5p ordinary	Sale	1,907	2.3531 GBP
5p ordinary	Sale	1,936	2.3382 GBP
5p ordinary	Sale	2,391	2.3496 GBP
5p ordinary	Sale	3,270	2.3304 GBP
5p ordinary	Sale	3,276	2.3105 GBP
5p ordinary	Sale	4,536	2.3295 GBP
5p ordinary	Sale	5,821	2.2686 GBP
5p ordinary	Sale	7,646	2.2676 GBP
5p ordinary	Sale	7,720	2.2680 GBP
5p ordinary	Sale	8,457	2.3150 GBP
5p ordinary	Sale	11,808	2.3011 GBP
5p ordinary	Sale	23,048	2.3139 GBP
5p ordinary	Sale	71,022	2.3160 GBP
5p ordinary	Sale	101,859	2.3190 GBP
5p ordinary	Sale	180,410	2.3347 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	79	2.3141 GBP
5p ordinary	SWAP	Long	1,731	2.2953 GBP
5p ordinary	SWAP	Long	2,412	2.3459 GBP
5p ordinary	CFD	Long	3,000	2.2756 GBP
5p ordinary	SWAP	Long	3,270	2.3304 GBP
5p ordinary	SWAP	Long	10,064	2.2974 GBP
5p ordinary	SWAP	Long	11,742	2.3294 GBP
5p ordinary	SWAP	Long	12,984	2.3266 GBP
5p ordinary	SWAP	Long	16,180	2.3222 GBP
5p ordinary	CFD	Long	16,833	2.3165 GBP
5p ordinary	SWAP	Long	29,328	2.2994 GBP
5p ordinary	SWAP	Long	33,627	2.3176 GBP
5p ordinary	SWAP	Long	34,983	2.3125 GBP
5p ordinary	SWAP	Long	40,406	2.3409 GBP
5p ordinary	SWAP	Long	41,688	2.3388 GBP
5p ordinary	CFD	Long	58,452	2.3458 GBP
5p ordinary	SWAP	Short	215	2.3179 GBP
5p ordinary	CFD	Short	951	2.3094 GBP
5p ordinary	SWAP	Short	1,138	2.3333 GBP
5p ordinary	CFD	Short	5,540	2.3235 GBP
5p ordinary	SWAP	Short	14,506	2.3020 GBP
5p ordinary	CFD	Short	34,846	2.3460 GBP
5p ordinary	SWAP	Short	47,206	2.3203 GBP
5p ordinary	SWAP	Short	59,554	2.3216 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/20211209005505/en/

BARCLAYS PLC