Form 8.3 - National Express Group plc - Amendment

LONDON--()-- 

FORM 8.3 - Amendment to Sale

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:    

14 October 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:  

1,458,868

0.24%

4,862,588

0.79%

     

 

 

 

 

(2)

Cash-settled derivatives:

 

 

 

 

   

4,432,677

0.72%

1,441,332

0.23%

     

 

 

 

 

(3)

Stock-settled derivatives (including options) 

 

 

 

 

  and agreements to purchase/sell:

0

0.00%

0

0.00%

     

 

 

 

 

   

 

 

 

 

  TOTAL:  

5,891,545

0.96%

6,303,920

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

93

2.3420 GBP

5p ordinary

Purchase

542

2.3460 GBP

5p ordinary

Purchase

2,546

2.3440 GBP

5p ordinary

Purchase

3,687

2.3285 GBP

5p ordinary

Purchase

4,760

2.3300 GBP

5p ordinary

Purchase

5,262

2.3160 GBP

5p ordinary

Purchase

5,326

2.3253 GBP

5p ordinary

Purchase

16,987

2.3180 GBP

5p ordinary

Purchase

88,368

2.3205 GBP

5p ordinary

Sale

20

2.3400 GBP

5p ordinary

Sale

98

2.3380 GBP

5p ordinary

Sale

100

2.3421 GBP

5p ordinary

Sale

250

2.3260 GBP

5p ordinary

Sale

299

2.3181 GBP

5p ordinary

Sale

676

2.3430 GBP

5p ordinary

Sale

1,014

2.3331 GBP

5p ordinary

Sale

1,109

2.3434 GBP

5p ordinary

Sale

1,628

2.3213 GBP

5p ordinary

Sale

2,023

2.3301 GBP

5p ordinary

Sale

2,306

2.3368 GBP

5p ordinary

Sale

2,546

2.3440 GBP

5p ordinary

Sale

2,724

2.3354 GBP

5p ordinary

Sale

5,076

2.3253 GBP

5p ordinary

Sale

14,487

2.3345 GBP

5p ordinary

Sale

27,083

2.3238 GBP

5p ordinary

Sale

247,361

2.3376 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

361

2.3237 GBP

5p ordinary

 SWAP 

Long

1,596

2.3370 GBP

5p ordinary

 SWAP 

Long

2,321

2.3347 GBP

5p ordinary

 SWAP 

Long

2,724

2.3354 GBP

5p ordinary

 SWAP 

Long

3,239

2.3302 GBP

5p ordinary

 SWAP 

Long

4,736

2.3373 GBP

5p ordinary

 SWAP 

Long

7,826

2.3362 GBP

5p ordinary

 SWAP 

Long

12,520

2.3179 GBP

5p ordinary

 SWAP 

Long

12,967

2.3277 GBP

5p ordinary

 SWAP 

Long

247,361

2.3376 GBP

5p ordinary

 CFD 

Short

542

2.3463 GBP

5p ordinary

 SWAP 

Short

804

2.3300 GBP

5p ordinary

 SWAP 

Short

3,394

2.3312 GBP

5p ordinary

 SWAP 

Short

3,484

2.3257 GBP

5p ordinary

 SWAP 

Short

5,262

2.3160 GBP

5p ordinary

 SWAP 

Short

13,411

2.3315 GBP

5p ordinary

 CFD 

Short

16,688

2.3179 GBP

5p ordinary

 CFD 

Short

29,447

2.3181 GBP

5p ordinary

 SWAP 

Short

41,515

2.3180 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:

20 Oct 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.

Category Code: RET
Sequence Number: 749027
Time of Receipt (offset from UTC): 20211020T115514+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC