22 Mar 2022 14:16
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 | 17 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: | 0 | 0.00 | 19,765 | 0.00 |
(2) Cash-settled derivatives:
| 632,162 | 0.10 | 2,104,293 | 0.34 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00 | 0 | 0.00 |
TOTAL: | 632,162 | 0.10 | 2,124,058 | 0.34 |
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 | 777 | 2.338 GBP |
Common | Buy Transaction | 396 | 2.344 GBP |
Common | Buy Transaction | 135 | 2.346 GBP |
Common | Buy Transaction | 6 | 2.348 GBP |
Common | Buy Transaction | 1620 | 2.35 GBP |
Common | Buy Transaction | 230 | 2.354 GBP |
Common | Buy Transaction | 183 | 2.358 GBP |
Common | Buy Transaction | 3605 | 2.36 GBP |
Common | Buy Transaction | 1442 | 2.362 GBP |
Common | Buy Transaction | 238 | 2.364 GBP |
Common | Buy Transaction | 420 | 2.366 GBP |
Common | Buy Transaction | 932 | 2.368 GBP |
Common | Buy Transaction | 4923 | 2.37 GBP |
Common | Buy Transaction | 11397 | 2.372 GBP |
Common | Buy Transaction | 85 | 2.373 GBP |
Common | Buy Transaction | 8101 | 2.374 GBP |
Common | Buy Transaction | 4882 | 2.375 GBP |
Common | Buy Transaction | 6999 | 2.376 GBP |
Common | Buy Transaction | 1484 | 2.377 GBP |
Common | Buy Transaction | 5549 | 2.378 GBP |
Common | Buy Transaction | 100 | 2.379 GBP |
Common | Buy Transaction | 6163 | 2.38 GBP |
Common | Buy Transaction | 286 | 2.381 GBP |
Common | Buy Transaction | 11 | 2.382 GBP |
Common | Buy Transaction | 1843 | 2.384 GBP |
Common | Buy Transaction | 74 | 2.386 GBP |
Common | Buy Transaction | 562 | 2.388 GBP |
Common | Buy Transaction | 3 | 2.39 GBP |
Common | Sell Transaction | 302 | 2.33 GBP |
Common | Sell Transaction | 840 | 2.333 GBP |
Common | Sell Transaction | 468 | 2.34 GBP |
Common | Sell Transaction | 125 | 2.344 GBP |
Common | Sell Transaction | 31 | 2.346 GBP |
Common | Sell Transaction | 3657 | 2.348 GBP |
Common | Sell Transaction | 1589 | 2.35 GBP |
Common | Sell Transaction | 40 | 2.352 GBP |
Common | Sell Transaction | 142 | 2.354 GBP |
Common | Sell Transaction | 1289 | 2.356 GBP |
Common | Sell Transaction | 558 | 2.358 GBP |
Common | Sell Transaction | 2153 | 2.36 GBP |
Common | Sell Transaction | 4453 | 2.362 GBP |
Common | Sell Transaction | 21023 | 2.364 GBP |
Common | Sell Transaction | 13115 | 2.366 GBP |
Common | Sell Transaction | 6219 | 2.368 GBP |
Common | Sell Transaction | 10804 | 2.37 GBP |
Common | Sell Transaction | 11039 | 2.372 GBP |
Common | Sell Transaction | 8894 | 2.374 GBP |
Common | Sell Transaction | 14385 | 2.376 GBP |
Common | Sell Transaction | 4328 | 2.378 GBP |
Common | Sell Transaction | 913 | 2.38 GBP |
Common | Sell Transaction | 950 | 2.382 GBP |
Common | Sell Transaction | 4420 | 2.384 GBP |
Common | Sell Transaction | 109 | 2.386 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 | 120 | 2.338 GBP |
Common | CFD | Reducing long position | 1673 | 2.3523 GBP |
Common | CFD | Reducing long position | 384 | 2.3617 GBP |
Common | CFD | Increasing short position | 8105 | 2.362 GBP |
Common | CFD | Reducing long position | 2628 | 2.364 GBP |
Common | CFD | Closing long position and opening short position | 6628 | 2.3641 GBP |
Common | CFD | Increasing short position | 19609 | 2.3641 GBP |
Common | CFD | Increasing short position | 489 | 2.3642 GBP |
Common | CFD | Reducing short position | 3173 | 2.3663 GBP |
Common | CFD | Opening long position | 859 | 2.367 GBP |
Common | CFD | Increasing short position | 18309 | 2.3674 GBP |
Common | CFD | Increasing short position | 2363 | 2.3687 GBP |
Common | CFD | Increasing short position | 52378 | 2.3688 GBP |
Common | CFD | Increasing long position | 1543 | 2.3688 GBP |
Common | CFD | Increasing short position | 2385 | 2.3689 GBP |
Common | CFD | Increasing long position | 1703 | 2.3712 GBP |
Common | CFD | Increasing long position | 1275 | 2.372 GBP |
Common | CFD | Reducing long position | 9365 | 2.3744 GBP |
Common | CFD | Reducing long position | 2442 | 2.3759 GBP |
Common | CFD | Closing short position | 1053 | 2.376 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.