Last checked at 15 Nov 2021 11:18
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: | 12 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 |
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Interests | Short Positions | |||||
Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: | 1,184,743 | 0.19% | 5,616,419 | 0.91% | ||
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(2) | Cash-settled derivatives: |
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5,246,896 | 0.85% | 940,891 | 0.15% | |||
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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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| TOTAL: | 6,431,639 | 1.05% | 6,557,310 | 1.07% | ||
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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 |
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| 5p ordinary | Purchase | 114 | 2.3947 GBP | ||||
| 5p ordinary | Purchase | 205 | 2.3540 GBP | ||||
| 5p ordinary | Purchase | 262 | 2.3700 GBP | ||||
| 5p ordinary | Purchase | 606 | 2.3520 GBP | ||||
| 5p ordinary | Purchase | 874 | 2.3716 GBP | ||||
| 5p ordinary | Purchase | 1,000 | 2.3460 GBP | ||||
| 5p ordinary | Purchase | 1,108 | 2.3609 GBP | ||||
| 5p ordinary | Purchase | 1,431 | 2.3780 GBP | ||||
| 5p ordinary | Purchase | 1,480 | 2.3580 GBP | ||||
| 5p ordinary | Purchase | 1,566 | 2.3740 GBP | ||||
| 5p ordinary | Purchase | 1,659 | 2.3653 GBP | ||||
| 5p ordinary | Purchase | 1,935 | 2.3800 GBP | ||||
| 5p ordinary | Purchase | 3,434 | 2.3663 GBP | ||||
| 5p ordinary | Purchase | 3,514 | 2.3675 GBP | ||||
| 5p ordinary | Purchase | 4,216 | 2.3683 GBP | ||||
| 5p ordinary | Purchase | 4,659 | 2.3573 GBP | ||||
| 5p ordinary | Purchase | 5,012 | 2.3673 GBP | ||||
| 5p ordinary | Purchase | 5,104 | 2.3754 GBP | ||||
| 5p ordinary | Purchase | 7,244 | 2.3802 GBP | ||||
| 5p ordinary | Purchase | 7,953 | 2.3674 GBP | ||||
| 5p ordinary | Purchase | 9,210 | 2.3633 GBP | ||||
| 5p ordinary | Purchase | 14,096 | 2.3658 GBP | ||||
| 5p ordinary | Purchase | 14,534 | 2.3701 GBP | ||||
| 5p ordinary | Purchase | 15,791 | 2.3777 GBP | ||||
| 5p ordinary | Purchase | 18,534 | 2.3799 GBP | ||||
| 5p ordinary | Purchase | 21,720 | 2.3781 GBP | ||||
| 5p ordinary | Sale | 40 | 2.3597 GBP | ||||
| 5p ordinary | Sale | 49 | 2.3727 GBP | ||||
| 5p ordinary | Sale | 69 | 2.3746 GBP | ||||
| 5p ordinary | Sale | 105 | 2.3821 GBP | ||||
| 5p ordinary | Sale | 129 | 2.3829 GBP | ||||
| 5p ordinary | Sale | 146 | 2.3766 GBP | ||||
| 5p ordinary | Sale | 183 | 2.3740 GBP | ||||
| 5p ordinary | Sale | 249 | 2.3741 GBP | ||||
| 5p ordinary | Sale | 385 | 2.3751 GBP | ||||
| 5p ordinary | Sale | 528 | 2.3845 GBP | ||||
| 5p ordinary | Sale | 534 | 2.3860 GBP | ||||
| 5p ordinary | Sale | 606 | 2.3520 GBP | ||||
| 5p ordinary | Sale | 629 | 2.3698 GBP | ||||
| 5p ordinary | Sale | 728 | 2.3726 GBP | ||||
| 5p ordinary | Sale | 1,030 | 2.3820 GBP | ||||
| 5p ordinary | Sale | 1,589 | 2.3789 GBP | ||||
| 5p ordinary | Sale | 2,869 | 2.3826 GBP | ||||
| 5p ordinary | Sale | 2,948 | 2.3788 GBP | ||||
| 5p ordinary | Sale | 3,187 | 2.3653 GBP | ||||
| 5p ordinary | Sale | 3,236 | 2.3753 GBP | ||||
| 5p ordinary | Sale | 3,245 | 2.3790 GBP | ||||
| 5p ordinary | Sale | 3,920 | 2.3841 GBP | ||||
| 5p ordinary | Sale | 4,442 | 2.3864 GBP | ||||
| 5p ordinary | Sale | 4,611 | 2.3890 GBP | ||||
| 5p ordinary | Sale | 4,669 | 2.3839 GBP | ||||
| 5p ordinary | Sale | 5,077 | 2.3755 GBP | ||||
| 5p ordinary | Sale | 9,959 | 2.3580 GBP | ||||
| 5p ordinary | Sale | 17,549 | 2.3792 GBP | ||||
| 5p ordinary | Sale | 42,541 | 2.3840 GBP | ||||
| 5p ordinary | Sale | 48,857 | 2.3660 GBP | ||||
| 5p ordinary | Sale | 104,450 | 2.3787 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 | 6 | 2.3726 GBP | |||
5p ordinary | SWAP | Long | 9 | 2.3747 GBP | |||
5p ordinary | SWAP | Long | 21 | 2.3738 GBP | |||
5p ordinary | SWAP | Long | 40 | 2.3597 GBP | |||
5p ordinary | SWAP | Long | 43 | 2.3727 GBP | |||
5p ordinary | SWAP | Long | 51 | 2.3752 GBP | |||
5p ordinary | SWAP | Long | 60 | 2.3746 GBP | |||
5p ordinary | SWAP | Long | 93 | 2.3821 GBP | |||
5p ordinary | SWAP | Long | 129 | 2.3829 GBP | |||
5p ordinary | CFD | Long | 146 | 2.3766 GBP | |||
5p ordinary | SWAP | Long | 218 | 2.3872 GBP | |||
5p ordinary | SWAP | Long | 322 | 2.3825 GBP | |||
5p ordinary | SWAP | Long | 334 | 2.3751 GBP | |||
5p ordinary | SWAP | Long | 411 | 2.3741 GBP | |||
5p ordinary | SWAP | Long | 1,055 | 2.3791 GBP | |||
5p ordinary | SWAP | Long | 1,577 | 2.3823 GBP | |||
5p ordinary | SWAP | Long | 3,387 | 2.3887 GBP | |||
5p ordinary | CFD | Long | 3,713 | 2.3816 GBP | |||
5p ordinary | CFD | Long | 3,808 | 2.3838 GBP | |||
5p ordinary | SWAP | Long | 4,669 | 2.3839 GBP | |||
5p ordinary | CFD | Long | 9,139 | 2.3840 GBP | |||
5p ordinary | SWAP | Long | 16,891 | 2.3681 GBP | |||
5p ordinary | SWAP | Long | 33,402 | 2.3840 GBP | |||
5p ordinary | SWAP | Long | 36,756 | 2.3792 GBP | |||
5p ordinary | SWAP | Long | 47,723 | 2.3806 GBP | |||
5p ordinary | SWAP | Short | 19 | 2.3598 GBP | |||
5p ordinary | SWAP | Short | 31 | 2.3773 GBP | |||
5p ordinary | CFD | Short | 114 | 2.3947 GBP | |||
5p ordinary | SWAP | Short | 1,047 | 2.3721 GBP | |||
5p ordinary | SWAP | Short | 2,181 | 2.3830 GBP | |||
5p ordinary | SWAP | Short | 4,185 | 2.3682 GBP | |||
5p ordinary | SWAP | Short | 5,951 | 2.3805 GBP | |||
5p ordinary | SWAP | Short | 14,515 | 2.3702 GBP | |||
5p ordinary | CFD | Short | 15,791 | 2.3777 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: | 15 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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