Citadel Group — Major Shareholding Notification 2022

Mar 23, 2022

National Storage Mechanism | Additional information

RNS Number : 7730F

Citadel Group

23 March 2022

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:	Citadel Group
(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.	N/A
(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:	N/A
(e) Date position held/dealing undertaken:      For an opening position disclosure, state the latest practicable date prior to the disclosure	22 March 2022
(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: Common Stock	ISIN GB0006215205
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	0	0.00	72,259	0.01
(2) Cash-settled derivatives:	552,934	0.09	2,084,981	0.33
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	552,934	0.09	2,157,240	0.35

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:	N/A
Details, including nature of the rights concerned and relevant percentages:	N/A

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 security	Purchase/sale ISIN GB0006215205	Number of securities	Price per unit (Note 5)
Common	Buy Transaction	409	2.247 GBP
Common	Buy Transaction	1606	2.254 GBP
Common	Buy Transaction	474	2.256 GBP
Common	Buy Transaction	670	2.26 GBP
Common	Buy Transaction	661	2.266 GBP
Common	Buy Transaction	367	2.271 GBP
Common	Buy Transaction	547	2.272 GBP
Common	Buy Transaction	418	2.278 GBP
Common	Buy Transaction	1268	2.292 GBP
Common	Buy Transaction	2014	2.296 GBP
Common	Buy Transaction	6869	2.298 GBP
Common	Buy Transaction	1491	2.302 GBP
Common	Buy Transaction	2030	2.304 GBP
Common	Buy Transaction	3603	2.306 GBP
Common	Buy Transaction	3368	2.308 GBP
Common	Buy Transaction	2511	2.31 GBP
Common	Buy Transaction	9964	2.312 GBP
Common	Buy Transaction	10921	2.314 GBP
Common	Buy Transaction	5007	2.316 GBP
Common	Buy Transaction	7590	2.318 GBP
Common	Buy Transaction	9499	2.32 GBP
Common	Buy Transaction	5603	2.322 GBP
Common	Buy Transaction	3915	2.324 GBP
Common	Buy Transaction	824	2.326 GBP
Common	Buy Transaction	432	2.328 GBP
Common	Buy Transaction	611	2.33 GBP
Common	Buy Transaction	358	2.334 GBP
Common	Buy Transaction	4390	2.34 GBP
Common	Buy Transaction	5183	2.342 GBP
Common	Buy Transaction	623	2.344 GBP
Common	Buy Transaction	647	2.346 GBP
Common	Buy Transaction	523	2.348 GBP
Common	Buy Transaction	7100	2.356 GBP
Common	Buy Transaction	6346	2.358 GBP
Common	Buy Transaction	8697	2.36 GBP
Common	Buy Transaction	4649	2.364 GBP
Common	Buy Transaction	1728	2.366 GBP
Common	Buy Transaction	838	2.37 GBP
Common	Buy Transaction	311	2.372 GBP
Common	Buy Transaction	427	2.374 GBP
Common	Buy Transaction	9	2.376 GBP
Common	Buy Transaction	216	2.38 GBP
Common	Sell Transaction	531	2.24 GBP
Common	Sell Transaction	6096	2.246 GBP
Common	Sell Transaction	275	2.248 GBP
Common	Sell Transaction	1211	2.25 GBP
Common	Sell Transaction	57	2.266 GBP
Common	Sell Transaction	1343	2.268 GBP
Common	Sell Transaction	1411	2.294 GBP
Common	Sell Transaction	2628	2.296 GBP
Common	Sell Transaction	4827	2.298 GBP
Common	Sell Transaction	2227	2.3 GBP
Common	Sell Transaction	4588	2.302 GBP
Common	Sell Transaction	3600	2.304 GBP
Common	Sell Transaction	5234	2.31 GBP
Common	Sell Transaction	3901	2.312 GBP
Common	Sell Transaction	5	2.313 GBP
Common	Sell Transaction	1328	2.314 GBP
Common	Sell Transaction	3830	2.316 GBP
Common	Sell Transaction	5755	2.318 GBP
Common	Sell Transaction	64	2.32 GBP
Common	Sell Transaction	431	2.322 GBP
Common	Sell Transaction	2975	2.324 GBP
Common	Sell Transaction	4	2.326 GBP
Common	Sell Transaction	5387	2.328 GBP
Common	Sell Transaction	8357	2.34 GBP
Common	Sell Transaction	1493	2.342 GBP
Common	Sell Transaction	4562	2.344 GBP
Common	Sell Transaction	1	2.352 GBP
Common	Sell Transaction	3298	2.354 GBP
Common	Sell Transaction	6048	2.356 GBP
Common	Sell Transaction	4385	2.358 GBP
Common	Sell Transaction	6361	2.36 GBP
Common	Sell Transaction	10535	2.362 GBP
Common	Sell Transaction	3224	2.364 GBP
Common	Sell Transaction	6218	2.366 GBP
Common	Sell Transaction	3164	2.368 GBP
Common	Sell Transaction	251	2.37 GBP
Common	Sell Transaction	3558	2.374 GBP
Common	Sell Transaction	610	2.376 GBP
Common	Sell Transaction	8017	2.378 GBP

(b)        Cash-settled derivative transactions

Class of relevant security	Product name, e.g. CFD ISIN GB0006215205	Nature of transaction (Note 6)	Number of relevant securities (Note 7)	Price per unit (Note 5)
Common	CFD	Increasing a long position	219	2.344 GBP
Common	CFD	Reducing a long position	1582	2.3129 GBP
Common	CFD	Reducing a long position	14066	2.332 GBP
Common	CFD	Reducing a long position	78258	2.3351 GBP
Common	CFD	Reducing a long position	2180	2.3489 GBP
Common	CFD	Increasing a long position	470	2.314 GBP
Common	CFD	Closing a short position and opening a long position	1612	2.3148 GBP
Common	CFD	Increasing a long position	2093	2.3159 GBP
Common	CFD	Increasing a long position	232	2.3423 GBP
Common	CFD	Opening a short position	74	2.342 GBP
Common	CFD	Closing a long position and opening a short position	4407	2.3564 GBP
Common	CFD	Increasing a short position	1360	2.3218 GBP
Common	CFD	Increasing a short position	14587	2.3236 GBP
Common	CFD	Increasing a short position	413	2.342 GBP
Common	CFD	Increasing a short position	7711	2.3463 GBP
Common	CFD	Increasing a short position	13277	2.3564 GBP
Common	CFD	Increasing a short position	5864	2.3615 GBP
Common	CFD	Increasing a short position	1050	2.38 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?	No

###### Date of disclosure:	23 March 2022
###### Contact name:	Kim Heslop
###### Telephone number*:	020 7645 9700

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

RETJJMTTMTMTBFT