26 Apr 2022 15:00
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: | Citadel Group |
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. | N/A |
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | NATIONAL EXPRESS GROUP PLC |
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: | N/A |
(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure | 25 April 2022 |
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A" | YES 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: Common Stock | ISIN GB0006215205 | |||
| Interests | Short positions | ||
Number | % | Number | % | |
(1) Relevant securities owned and/or controlled: | 14,569 | 0.00 | 0 | 0.00 |
(2) Cash-settled derivatives:
| 0 | 0.00 | 1,169,596 | 0.19 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00 | 0 | 0.00 |
TOTAL: | 14,569 | 0.00 | 1,169,596 | 0.19 |
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: | N/A |
Details, including nature of the rights concerned and relevant percentages: | N/A |
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 security | Purchase/sale ISIN GB0006215205 | Number of securities | Price per unit (Note 5) |
Common | Sell Transaction | 3,451 | 2.2800 GBP |
Common | Sell Transaction | 721 | 2.2620 GBP |
Common | Sell Transaction | 2,338 | 2.3180 GBP |
Common | Sell Transaction | 250 | 2.2700 GBP |
Common | Sell Transaction | 1,478 | 2.2740 GBP |
Common | Sell Transaction | 24,686 | 2.2500 GBP |
Common | Sell Transaction | 2,912 | 2.2680 GBP |
Common | Sell Transaction | 42 | 2.2540 GBP |
Common | Sell Transaction | 128 | 2.3220 GBP |
Common | Sell Transaction | 473 | 2.2840 GBP |
Common | Sell Transaction | 3,758 | 2.2560 GBP |
Common | Sell Transaction | 491 | 2.3140 GBP |
Common | Sell Transaction | 193 | 2.2600 GBP |
Common | Sell Transaction | 2,407 | 2.2760 GBP |
Common | Sell Transaction | 114 | 2.2380 GBP |
Common | Sell Transaction | 3,138 | 2.3160 GBP |
Common | Sell Transaction | 1,921 | 2.2820 GBP |
Common | Sell Transaction | 3,192 | 2.2520 GBP |
Common | Sell Transaction | 138 | 2.2660 GBP |
Common | Sell Transaction | 141 | 2.3000 GBP |
Common | Sell Transaction | 1,257 | 2.3100 GBP |
Common | Sell Transaction | 702 | 2.2720 GBP |
Common | Sell Transaction | 854 | 2.3200 GBP |
Common | Sell Transaction | 258 | 2.2580 GBP |
Common | Sell Transaction | 1,067 | 2.2460 GBP |
Common | Sell Transaction | 1,571 | 2.2780 GBP |
Common | Sell Transaction | 278 | 2.2640 GBP |
Common | Sell Transaction | 1,409 | 2.3040 GBP |
Common | Sell Transaction | 364 | 2.3060 GBP |
Common | Sell Transaction | 366 | 2.2960 GBP |
Common | Sell Transaction | 607 | 2.3400 GBP |
Common | Sell Transaction | 647 | 2.3120 GBP |
Common | Sell Transaction | 877 | 2.3020 GBP |
Common | Buy Transaction | 3,471 | 2.3200 GBP |
Common | Buy Transaction | 5,065 | 2.2720 GBP |
Common | Buy Transaction | 11,856 | 2.2740 GBP |
Common | Buy Transaction | 2,000 | 2.2480 GBP |
Common | Buy Transaction | 1,912 | 2.3180 GBP |
Common | Buy Transaction | 3,474 | 2.2540 GBP |
Common | Buy Transaction | 2,975 | 2.2760 GBP |
Common | Buy Transaction | 6,347 | 2.2780 GBP |
Common | Buy Transaction | 3,204 | 2.2820 GBP |
Common | Buy Transaction | 2,448 | 2.2380 GBP |
Common | Buy Transaction | 1,022 | 2.2620 GBP |
Common | Buy Transaction | 1,565 | 2.2840 GBP |
Common | Buy Transaction | 2,226 | 2.2600 GBP |
Common | Buy Transaction | 1,764 | 2.2320 GBP |
Common | Buy Transaction | 864 | 2.3060 GBP |
Common | Buy Transaction | 866 | 2.2640 GBP |
Common | Buy Transaction | 1,828 | 2.2460 GBP |
Common | Buy Transaction | 695 | 2.3020 GBP |
Common | Buy Transaction | 3,155 | 2.2800 GBP |
Common | Buy Transaction | 543 | 2.2680 GBP |
Common | Buy Transaction | 460 | 2.3120 GBP |
Common | Buy Transaction | 1,859 | 2.3160 GBP |
Common | Buy Transaction | 427 | 2.2880 GBP |
Common | Buy Transaction | 1,464 | 2.2700 GBP |
Common | Buy Transaction | 771 | 2.2660 GBP |
Common | Buy Transaction | 301 | 2.3100 GBP |
Common | Buy Transaction | 293 | 2.3340 GBP |
Common | Buy Transaction | 323 | 2.2860 GBP |
Common | Buy Transaction | 421 | 2.2280 GBP |
Common | Buy Transaction | 328 | 2.2300 GBP |
Common | Buy Transaction | 181 | 2.2520 GBP |
Common | Buy Transaction | 266 | 2.2360 GBP |
Common | Buy Transaction | 118 | 2.3040 GBP |
Common | Buy Transaction | 100 | 2.2920 GBP |
Common | Buy Transaction | 53 | 2.2440 GBP |
Common | Buy Transaction | 38 | 2.2560 GBP |
Common | Buy Transaction | 47 | 2.2980 GBP |
Common | Buy Transaction | 20 | 2.2900 GBP |
(b) Cash-settled derivative transactions
Class of relevant security | Product name, e.g. CFD ISIN GB0006215205 | Nature of transaction (Note 6)
| Number of relevant securities (Note 7) | Price per unit (Note 5) |
Common | CFD | Reducing short position | 6,573 | 2.2616 GBP |
Common | CFD | Reducing short position | 420 | 2.2780 GBP |
Common | CFD | Reducing short position | 67 | 2.3203 GBP |
Common | CFD | Reducing short position | 5,984 | 2.2709 GBP |
Common | CFD | Reducing short position | 4,063 | 2.2903 GBP |
Common | CFD | Reducing short position | 3,570 | 2.2568 GBP |
Common | CFD | Reducing short position | 2,889 | 2.2340 GBP |
Common | CFD | Reducing short position | 2,147 | 2.2989 GBP |
Common | CFD | Increasing short position | 3,177 | 2.2733 GBP |
Common | CFD | Increasing short position | 12,188 | 2.2737 GBP |
Common | CFD | Increasing short position | 30,688 | 2.2877 GBP |
Common | CFD | Increasing short position | 1,420 | 2.2340 GBP |
Common | CFD | Increasing short position | 1,615 | 2.2828 GBP |
Common | CFD | Increasing short position | 2,093 | 2.2705 GBP |
Common | CFD | Increasing short position | 12,944 | 2.2790 GBP |
Common | CFD | Increasing short position | 24,614 | 2.2821 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: | 26 April 2022 |
| Contact name: | Kim Heslop |
| Telephone number*: | 020 7645 9700 |
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.