Firstgroup Regulatory News (FGP)

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:

26 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:

7,031,091

0.94%

1,447,493

0.19%

(2)

Cash-settled derivatives:

and/or controlled:

723,057

0.10%

6,606,134

0.88%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

7,754,148

1.03%

8,053,627

1.07%

(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

26

1.2940 GBP

5p ordinary

Purchase

66

1.3090 GBP

5p ordinary

Purchase

79

1.3040 GBP

5p ordinary

Purchase

336

1.3059 GBP

5p ordinary

Purchase

660

1.3100 GBP

5p ordinary

Purchase

676

1.3050 GBP

5p ordinary

Purchase

692

1.2960 GBP

5p ordinary

Purchase

774

1.2990 GBP

5p ordinary

Purchase

775

1.2970 GBP

5p ordinary

Purchase

866

1.3000 GBP

5p ordinary

Purchase

1,482

1.3014 GBP

5p ordinary

Purchase

1,866

1.3024 GBP

5p ordinary

Purchase

1,886

1.3073 GBP

5p ordinary

Purchase

2,997

1.3013 GBP

5p ordinary

Purchase

3,674

1.2999 GBP

5p ordinary

Purchase

3,694

1.3079 GBP

5p ordinary

Purchase

5,135

1.3023 GBP

5p ordinary

Purchase

5,814

1.3001 GBP

5p ordinary

Purchase

8,909

1.3130 GBP

5p ordinary

Purchase

19,007

1.2993 GBP

5p ordinary

Purchase

29,035

1.3005 GBP

5p ordinary

Purchase

41,893

1.3044 GBP

5p ordinary

Purchase

80,961

1.3018 GBP

5p ordinary

Sale

18

1.3210 GBP

5p ordinary

Sale

660

1.3100 GBP

5p ordinary

Sale

676

1.3050 GBP

5p ordinary

Sale

774

1.2990 GBP

5p ordinary

Sale

1,460

1.3112 GBP

5p ordinary

Sale

2,436

1.3055 GBP

5p ordinary

Sale

3,948

1.3058 GBP

5p ordinary

Sale

4,489

1.3000 GBP

5p ordinary

Sale

5,225

1.3260 GBP

5p ordinary

Sale

7,256

1.3043 GBP

5p ordinary

Sale

11,307

1.3081 GBP

5p ordinary

Sale

25,573

1.3095 GBP

5p ordinary

Sale

58,614

1.3026 GBP

5p ordinary

Sale

71,915

1.3072 GBP

5p ordinary

Sale

100,000

1.3021 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

9

1.3170 GBP

5p ordinary

SWAP

Long

17

1.3250 GBP

5p ordinary

SWAP

Long

27

1.3044 GBP

5p ordinary

SWAP

Long

674

1.3160 GBP

5p ordinary

SWAP

Long

2,849

1.3045 GBP

5p ordinary

SWAP

Long

3,641

1.3000 GBP

5p ordinary

SWAP

Long

5,186

1.3139 GBP

5p ordinary

SWAP

Long

5,225

1.3260 GBP

5p ordinary

SWAP

Long

20,735

1.3191 GBP

5p ordinary

SWAP

Long

21,149

1.3046 GBP

5p ordinary

SWAP

Long

25,286

1.3075 GBP

5p ordinary

SWAP

Long

28,733

1.2999 GBP

5p ordinary

SWAP

Short

26

1.2940 GBP

5p ordinary

SWAP

Short

1,084

1.3068 GBP

5p ordinary

SWAP

Short

5,471

1.3024 GBP

5p ordinary

SWAP

Short

5,814

1.3001 GBP

5p ordinary

CFD

Short

6,082

1.2995 GBP

5p ordinary

SWAP

Short

16,477

1.3000 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:

27 Jul 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213