FORM 8.3 - STAGECOACH GROUP PLC

LONDON--(BUSINESS WIRE)-- 

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	STAGECOACH 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:	29 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?	NATIONAL EXPRESS 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:		125/228p ordinary
		Interests		Short Positions
		Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:	2,740,747	0.50%	871,969	0.16%
(2)	Cash-settled derivatives:
		731,554	0.13%	2,431,552	0.44%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:	0	0.00%	0	0.00%
	TOTAL:	3,472,301	0.63%	3,303,521	0.60%

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
125/228p ordinary	Purchase	148	0.8650 GBP
125/228p ordinary	Purchase	254	0.8607 GBP
125/228p ordinary	Purchase	332	0.8616 GBP
125/228p ordinary	Purchase	644	0.8595 GBP
125/228p ordinary	Purchase	644	0.8608 GBP
125/228p ordinary	Purchase	2,414	0.8601 GBP
125/228p ordinary	Purchase	4,002	0.8638 GBP
125/228p ordinary	Purchase	4,075	0.8596 GBP
125/228p ordinary	Purchase	4,109	0.8598 GBP
125/228p ordinary	Purchase	4,675	0.8656 GBP
125/228p ordinary	Purchase	8,172	0.8653 GBP
125/228p ordinary	Purchase	20,097	0.8639 GBP
125/228p ordinary	Purchase	24,621	0.8602 GBP
125/228p ordinary	Purchase	28,502	0.8632 GBP
125/228p ordinary	Purchase	32,119	0.8592 GBP
125/228p ordinary	Purchase	33,044	0.8644 GBP
125/228p ordinary	Purchase	40,837	0.8626 GBP
125/228p ordinary	Purchase	65,000	0.8670 GBP
125/228p ordinary	Sale	25	0.8633 GBP
125/228p ordinary	Sale	775	0.8619 GBP
125/228p ordinary	Sale	1,541	0.8642 GBP
125/228p ordinary	Sale	3,000	0.8755 GBP
125/228p ordinary	Sale	3,105	0.8628 GBP
125/228p ordinary	Sale	3,331	0.8608 GBP
125/228p ordinary	Sale	4,002	0.8639 GBP
125/228p ordinary	Sale	4,652	0.8656 GBP
125/228p ordinary	Sale	6,259	0.8622 GBP
125/228p ordinary	Sale	8,633	0.8620 GBP
125/228p ordinary	Sale	12,280	0.8629 GBP
125/228p ordinary	Sale	15,988	0.8592 GBP
125/228p ordinary	Sale	47,751	0.8625 GBP
125/228p ordinary	Sale	89,241	0.8632 GBP

(b) Cash-settled derivative transactions

Class of	Product	Nature of dealing	Number of	Price per
relevant	description		reference	unit
security			securities
125/228p ordinary	CFD	Long	25	0.8632 GBP
125/228p ordinary	SWAP	Long	274	0.8589 GBP
125/228p ordinary	SWAP	Long	808	0.8559 GBP
125/228p ordinary	SWAP	Long	1,541	0.8642 GBP
125/228p ordinary	SWAP	Long	2,275	0.8619 GBP
125/228p ordinary	CFD	Long	3,045	0.8637 GBP
125/228p ordinary	SWAP	Long	3,057	0.8610 GBP
125/228p ordinary	SWAP	Long	3,844	0.8676 GBP
125/228p ordinary	CFD	Long	4,002	0.8639 GBP
125/228p ordinary	CFD	Long	5,980	0.8659 GBP
125/228p ordinary	SWAP	Long	6,259	0.8622 GBP
125/228p ordinary	CFD	Long	8,975	0.8621 GBP
125/228p ordinary	SWAP	Long	19,074	0.8612 GBP
125/228p ordinary	SWAP	Long	50,000	0.8626 GBP
125/228p ordinary	SWAP	Long	51,629	0.8632 GBP
125/228p ordinary	SWAP	Short	254	0.8607 GBP
125/228p ordinary	SWAP	Short	332	0.8616 GBP
125/228p ordinary	SWAP	Short	644	0.8595 GBP
125/228p ordinary	SWAP	Short	644	0.8608 GBP
125/228p ordinary	SWAP	Short	10,235	0.8637 GBP
125/228p ordinary	SWAP	Short	30,602	0.8622 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:	30 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 [phone].

*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.