Last checked at 10 Nov 2021 10:39
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: | 09 November 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 |
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| and/or controlled: | 1,336,408 | 0.22% | 5,544,481 | 0.90% | ||
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(2) | Cash-settled derivatives: |
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5,191,558 | 0.85% | 1,116,532 | 0.18% | |||
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(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | ||
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(4) |
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| TOTAL: | 6,527,966 | 1.06% | 6,661,013 | 1.08% | ||
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: |
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Details, including nature of the rights concerned and relevant percentages: |
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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 | 4 | 2.3920 GBP | ||||
| 5p ordinary | Purchase | 23 | 2.4100 GBP | ||||
| 5p ordinary | Purchase | 33 | 2.3836 GBP | ||||
| 5p ordinary | Purchase | 56 | 2.3650 GBP | ||||
| 5p ordinary | Purchase | 69 | 2.3952 GBP | ||||
| 5p ordinary | Purchase | 108 | 2.3921 GBP | ||||
| 5p ordinary | Purchase | 143 | 2.3557 GBP | ||||
| 5p ordinary | Purchase | 583 | 2.3690 GBP | ||||
| 5p ordinary | Purchase | 690 | 2.4080 GBP | ||||
| 5p ordinary | Purchase | 792 | 2.3831 GBP | ||||
| 5p ordinary | Purchase | 1,504 | 2.3575 GBP | ||||
| 5p ordinary | Purchase | 1,582 | 2.3498 GBP | ||||
| 5p ordinary | Purchase | 1,612 | 2.3940 GBP | ||||
| 5p ordinary | Purchase | 2,421 | 2.3956 GBP | ||||
| 5p ordinary | Purchase | 2,792 | 2.3605 GBP | ||||
| 5p ordinary | Purchase | 3,670 | 2.3796 GBP | ||||
| 5p ordinary | Purchase | 4,608 | 2.3804 GBP | ||||
| 5p ordinary | Purchase | 5,174 | 2.4020 GBP | ||||
| 5p ordinary | Purchase | 8,794 | 2.3955 GBP | ||||
| 5p ordinary | Purchase | 12,152 | 2.3978 GBP | ||||
| 5p ordinary | Purchase | 14,887 | 2.3971 GBP | ||||
| 5p ordinary | Purchase | 15,996 | 2.3724 GBP | ||||
| 5p ordinary | Purchase | 17,173 | 2.3942 GBP | ||||
| 5p ordinary | Purchase | 18,142 | 2.4050 GBP | ||||
| 5p ordinary | Purchase | 27,933 | 2.3581 GBP | ||||
| 5p ordinary | Purchase | 47,991 | 2.3951 GBP | ||||
| 5p ordinary | Purchase | 50,437 | 2.3701 GBP | ||||
| 5p ordinary | Sale | 51 | 2.3597 GBP | ||||
| 5p ordinary | Sale | 66 | 2.3960 GBP | ||||
| 5p ordinary | Sale | 143 | 2.3560 GBP | ||||
| 5p ordinary | Sale | 169 | 2.3976 GBP | ||||
| 5p ordinary | Sale | 243 | 2.3540 GBP | ||||
| 5p ordinary | Sale | 339 | 2.3680 GBP | ||||
| 5p ordinary | Sale | 372 | 2.3602 GBP | ||||
| 5p ordinary | Sale | 585 | 2.3980 GBP | ||||
| 5p ordinary | Sale | 594 | 2.3642 GBP | ||||
| 5p ordinary | Sale | 680 | 2.3994 GBP | ||||
| 5p ordinary | Sale | 836 | 2.3954 GBP | ||||
| 5p ordinary | Sale | 1,017 | 2.3903 GBP | ||||
| 5p ordinary | Sale | 1,234 | 2.3682 GBP | ||||
| 5p ordinary | Sale | 1,663 | 2.3709 GBP | ||||
| 5p ordinary | Sale | 1,799 | 2.3814 GBP | ||||
| 5p ordinary | Sale | 2,066 | 2.3598 GBP | ||||
| 5p ordinary | Sale | 2,208 | 2.3940 GBP | ||||
| 5p ordinary | Sale | 2,737 | 2.3850 GBP | ||||
| 5p ordinary | Sale | 3,218 | 2.3916 GBP | ||||
| 5p ordinary | Sale | 3,475 | 2.3675 GBP | ||||
| 5p ordinary | Sale | 4,250 | 2.3723 GBP | ||||
| 5p ordinary | Sale | 4,652 | 2.3500 GBP | ||||
| 5p ordinary | Sale | 5,053 | 2.3499 GBP | ||||
| 5p ordinary | Sale | 5,086 | 2.3582 GBP | ||||
| 5p ordinary | Sale | 5,506 | 2.3962 GBP | ||||
| 5p ordinary | Sale | 5,766 | 2.3786 GBP | ||||
| 5p ordinary | Sale | 7,186 | 2.3725 GBP | ||||
| 5p ordinary | Sale | 7,891 | 2.3957 GBP | ||||
| 5p ordinary | Sale | 9,408 | 2.3618 GBP | ||||
| 5p ordinary | Sale | 16,259 | 2.3660 GBP | ||||
| 5p ordinary | Sale | 18,966 | 2.3880 GBP | ||||
| 5p ordinary | Sale | 24,836 | 2.3827 GBP | ||||
| 5p ordinary | Sale | 106,053 | 2.3708 GBP | ||||
| 5p ordinary | Sale | 175,932 | 2.3904 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 | 4 | 2.3730 GBP | |||
| 5p ordinary | SWAP | Long | 22 | 2.3517 GBP | |||
| 5p ordinary | SWAP | Long | 31 | 2.3658 GBP | |||
| 5p ordinary | SWAP | Long | 33 | 2.3659 GBP | |||
| 5p ordinary | SWAP | Long | 37 | 2.3723 GBP | |||
| 5p ordinary | SWAP | Long | 40 | 2.3651 GBP | |||
| 5p ordinary | SWAP | Long | 45 | 2.3709 GBP | |||
| 5p ordinary | SWAP | Long | 51 | 2.3597 GBP | |||
| 5p ordinary | SWAP | Long | 84 | 2.3539 GBP | |||
| 5p ordinary | SWAP | Long | 96 | 2.3713 GBP | |||
| 5p ordinary | SWAP | Long | 112 | 2.3838 GBP | |||
| 5p ordinary | SWAP | Long | 137 | 2.3544 GBP | |||
| 5p ordinary | SWAP | Long | 197 | 2.3657 GBP | |||
| 5p ordinary | SWAP | Long | 212 | 2.3662 GBP | |||
| 5p ordinary | SWAP | Long | 236 | 2.3615 GBP | |||
| 5p ordinary | SWAP | Long | 289 | 2.3655 GBP | |||
| 5p ordinary | SWAP | Long | 572 | 2.3619 GBP | |||
| 5p ordinary | SWAP | Long | 594 | 2.3642 GBP | |||
| 5p ordinary | SWAP | Long | 736 | 2.3840 GBP | |||
| 5p ordinary | CFD | Long | 836 | 2.3954 GBP | |||
| 5p ordinary | SWAP | Long | 1,017 | 2.3903 GBP | |||
| 5p ordinary | CFD | Long | 1,286 | 2.3996 GBP | |||
| 5p ordinary | SWAP | Long | 1,481 | 2.3708 GBP | |||
| 5p ordinary | SWAP | Long | 1,799 | 2.3814 GBP | |||
| 5p ordinary | SWAP | Long | 2,530 | 2.3661 GBP | |||
| 5p ordinary | SWAP | Long | 3,158 | 2.3617 GBP | |||
| 5p ordinary | CFD | Long | 4,250 | 2.3723 GBP | |||
| 5p ordinary | CFD | Long | 4,652 | 2.3500 GBP | |||
| 5p ordinary | SWAP | Long | 5,053 | 2.3499 GBP | |||
| 5p ordinary | SWAP | Long | 5,113 | 2.3616 GBP | |||
| 5p ordinary | CFD | Long | 5,506 | 2.3962 GBP | |||
| 5p ordinary | SWAP | Long | 5,733 | 2.3787 GBP | |||
| 5p ordinary | CFD | Long | 7,891 | 2.3957 GBP | |||
| 5p ordinary | SWAP | Long | 7,899 | 2.3786 GBP | |||
| 5p ordinary | SWAP | Long | 13,289 | 2.3660 GBP | |||
| 5p ordinary | SWAP | Long | 13,289 | 2.3837 GBP | |||
| 5p ordinary | CFD | Long | 18,966 | 2.3880 GBP | |||
| 5p ordinary | SWAP | Long | 19,882 | 2.3870 GBP | |||
| 5p ordinary | SWAP | Long | 22,476 | 2.3826 GBP | |||
| 5p ordinary | SWAP | Long | 32,663 | 2.3827 GBP | |||
| 5p ordinary | CFD | Long | 49,386 | 2.3531 GBP | |||
| 5p ordinary | CFD | Short | 33 | 2.3836 GBP | |||
| 5p ordinary | SWAP | Short | 100 | 2.4080 GBP | |||
| 5p ordinary | CFD | Short | 108 | 2.3922 GBP | |||
| 5p ordinary | SWAP | Short | 614 | 2.3948 GBP | |||
| 5p ordinary | SWAP | Short | 2,890 | 2.3987 GBP | |||
| 5p ordinary | SWAP | Short | 3,417 | 2.3715 GBP | |||
| 5p ordinary | SWAP | Short | 3,994 | 2.3782 GBP | |||
| 5p ordinary | SWAP | Short | 5,748 | 2.3879 GBP | |||
| 5p ordinary | SWAP | Short | 8,827 | 2.3698 GBP | |||
| 5p ordinary | SWAP | Short | 10,366 | 2.3500 GBP | |||
| 5p ordinary | CFD | Short | 13,373 | 2.3501 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 |
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(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
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(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) |
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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
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(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
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(c) Attachments
| Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
| Date of disclosure: | 10 Nov 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.
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