22 Mar 2022 14:14
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 | 16 March 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: | 55,690 | 0.00 | 812 | 0.00 |
(2) Cash-settled derivatives:
| 645,556 | 0.10 | 2,000,655 | 0.32 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00 | 0 | 0.00 |
TOTAL: | 701,246 | 0.11 | 2,001,467 | 0.32 |
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 | Buy Transaction | 195 | 2.272 GBP |
Common | Buy Transaction | 816 | 2.274 GBP |
Common | Buy Transaction | 2356 | 2.276 GBP |
Common | Buy Transaction | 12492 | 2.278 GBP |
Common | Buy Transaction | 47046 | 2.280 GBP |
Common | Buy Transaction | 145 | 2.282 GBP |
Common | Buy Transaction | 1680 | 2.288 GBP |
Common | Buy Transaction | 75 | 2.292 GBP |
Common | Buy Transaction | 6 | 2.294 GBP |
Common | Buy Transaction | 823 | 2.296 GBP |
Common | Buy Transaction | 4249 | 2.298 GBP |
Common | Buy Transaction | 3238 | 2.300 GBP |
Common | Buy Transaction | 1932 | 2.301 GBP |
Common | Buy Transaction | 2460 | 2.302 GBP |
Common | Buy Transaction | 10772 | 2.304 GBP |
Common | Buy Transaction | 4277 | 2.306 GBP |
Common | Buy Transaction | 3824 | 2.308 GBP |
Common | Buy Transaction | 4274 | 2.310 GBP |
Common | Buy Transaction | 2073 | 2.312 GBP |
Common | Buy Transaction | 1389 | 2.314 GBP |
Common | Buy Transaction | 4790 | 2.316 GBP |
Common | Buy Transaction | 2731 | 2.318 GBP |
Common | Buy Transaction | 38466 | 2.320 GBP |
Common | Buy Transaction | 7198 | 2.322 GBP |
Common | Buy Transaction | 231 | 2.324 GBP |
Common | Buy Transaction | 21488 | 2.324 GBP |
Common | Buy Transaction | 18054 | 2.326 GBP |
Common | Buy Transaction | 19647 | 2.328 GBP |
Common | Buy Transaction | 17078 | 2.330 GBP |
Common | Buy Transaction | 2758 | 2.331 GBP |
Common | Buy Transaction | 17465 | 2.332 GBP |
Common | Buy Transaction | 6443 | 2.334 GBP |
Common | Buy Transaction | 442 | 2.335 GBP |
Common | Buy Transaction | 2180 | 2.336 GBP |
Common | Buy Transaction | 1479 | 2.338 GBP |
Common | Buy Transaction | 1961 | 2.340 GBP |
Common | Buy Transaction | 286 | 2.342 GBP |
Common | Sell Transaction | 539 | 2.268 GBP |
Common | Sell Transaction | 9 | 2.270 GBP |
Common | Sell Transaction | 2141 | 2.272 GBP |
Common | Sell Transaction | 437 | 2.278 GBP |
Common | Sell Transaction | 27 | 2.284 GBP |
Common | Sell Transaction | 4961 | 2.288 GBP |
Common | Sell Transaction | 1316 | 2.290 GBP |
Common | Sell Transaction | 5080 | 2.292 GBP |
Common | Sell Transaction | 2889 | 2.294 GBP |
Common | Sell Transaction | 5223 | 2.296 GBP |
Common | Sell Transaction | 3292 | 2.298 GBP |
Common | Sell Transaction | 3695 | 2.300 GBP |
Common | Sell Transaction | 4916 | 2.304 GBP |
Common | Sell Transaction | 2665 | 2.306 GBP |
Common | Sell Transaction | 2437 | 2.308 GBP |
Common | Sell Transaction | 597 | 2.310 GBP |
Common | Sell Transaction | 8487 | 2.310 GBP |
Common | Sell Transaction | 17267 | 2.312 GBP |
Common | Sell Transaction | 20684 | 2.314 GBP |
Common | Sell Transaction | 13200 | 2.316 GBP |
Common | Sell Transaction | 28110 | 2.318 GBP |
Common | Sell Transaction | 21431 | 2.320 GBP |
Common | Sell Transaction | 42004 | 2.322 GBP |
Common | Sell Transaction | 8805 | 2.324 GBP |
Common | Sell Transaction | 2266 | 2.326 GBP |
Common | Sell Transaction | 1740 | 2.328 GBP |
Common | Sell Transaction | 879 | 2.330 GBP |
Common | Sell Transaction | 837 | 2.332 GBP |
Common | Sell Transaction | 4458 | 2.334 GBP |
Common | Sell Transaction | 7649 | 2.336 GBP |
Common | Sell Transaction | 1327 | 2.338 GBP |
Common | Sell Transaction | 338 | 2.340 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 | Increasing long position | 15880 | 2.2864 GBP |
Common | CFD | Increasing long position | 107747 | 2.294 GBP |
Common | CFD | Reducing long position | 26 | 2.306 GBP |
Common | CFD | Increasing long position | 43683 | 2.3087 GBP |
Common | CFD | Reducing short position | 11824 | 2.31 GBP |
Common | CFD | Closing short position | 5303 | 2.31 GBP |
Common | CFD | Increasing long position | 21373 | 2.3124 GBP |
Common | CFD | Reducing short position | 18182 | 2.3144 GBP |
Common | CFD | Reducing short position | 4471 | 2.3155 GBP |
Common | CFD | Closing long position and opening short position | 16637 | 2.3156 GBP |
Common | CFD | Reducing long position | 5193 | 2.3162 GBP |
Common | CFD | Reducing short position | 5569 | 2.3165 GBP |
Common | CFD | Reducing long position | 12 | 2.318 GBP |
Common | CFD | Reducing short position | 25723 | 2.3187 GBP |
Common | CFD | Reducing long position | 2385 | 2.3213 GBP |
Common | CFD | Reducing long position | 7141 | 2.322 GBP |
Common | CFD | Opening short position | 70 | 2.322 GBP |
Common | CFD | Increasing long position | 2490 | 2.3233 GBP |
Common | CFD | Closing short position and opening long position | 6452 | 2.3266 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: | 22 March 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.