Barclays Regulatory News (BARC)

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

FIRSTGROUP 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:

28 Jul 2022

(f)

In addition to the company in 1(c) above, is the discloser making

NO

disclosures in respect of any other party to the offer?

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(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:

6,919,793

0.92%

1,480,529

0.20%

(2)

Cash-settled derivatives:

and/or controlled:

750,684

0.10%

6,443,421

0.86%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

7,670,477

1.02%

7,923,950

1.06%

(b)

Rights to subscribe for new securities (including directors and other executive

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 EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

Class of relevant

Purchase/sale

Number of

Price per unit

security

securities

5p ordinary

Purchase

641

1.3020 GBP

5p ordinary

Purchase

3,233

1.2990 GBP

5p ordinary

Purchase

6,274

1.3136 GBP

5p ordinary

Purchase

6,438

1.2969 GBP

5p ordinary

Purchase

6,438

1.2970 GBP

5p ordinary

Purchase

7,049

1.3024 GBP

5p ordinary

Purchase

9,708

1.3089 GBP

5p ordinary

Purchase

41,497

1.3140 GBP

5p ordinary

Sale

10

1.3000 GBP

5p ordinary

Sale

19

1.3015 GBP

5p ordinary

Sale

650

1.3060 GBP

5p ordinary

Sale

1,063

1.3041 GBP

5p ordinary

Sale

2,036

1.3468 GBP

5p ordinary

Sale

3,215

1.3037 GBP

5p ordinary

Sale

3,233

1.2990 GBP

5p ordinary

Sale

6,438

1.2970 GBP

5p ordinary

Sale

9,671

1.2976 GBP

5p ordinary

Sale

18,448

1.3110 GBP

5p ordinary

Sale

32,082

1.3140 GBP

5p ordinary

Sale

152,504

1.3049 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

10

1.3000 GBP

5p ordinary

SWAP

Long

19

1.3015 GBP

5p ordinary

SWAP

Long

50

1.3140 GBP

5p ordinary

SWAP

Long

2,036

1.3468 GBP

5p ordinary

SWAP

Long

3,234

1.2969 GBP

5p ordinary

CFD

Long

8,070

1.3034 GBP

5p ordinary

SWAP

Long

15,214

1.3139 GBP

5p ordinary

SWAP

Long

17,401

1.3010 GBP

5p ordinary

CFD

Long

21,347

1.3138 GBP

5p ordinary

SWAP

Long

26,650

1.3119 GBP

5p ordinary

SWAP

Long

27,328

1.3121 GBP

5p ordinary

SWAP

Long

56,636

1.2960 GBP

5p ordinary

SWAP

Short

208

1.3025 GBP

5p ordinary

SWAP

Short

828

1.3021 GBP

5p ordinary

SWAP

Short

6,066

1.3140 GBP

5p ordinary

SWAP

Short

6,862

1.3024 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

date

money

relevant

selling,

securities

per unit

paid/

security

varying etc

to which

received

option

per unit

relates

(ii)

Exercising

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

securities

unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings 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 exempt principal trader making the disclosure and any party

to the offer or any person acting in concert with a party to the offer:

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 of future acquisition or disposal of any relevant securities to which

any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

29 Jul 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213