17 Mar 2017 15:30
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TR-1: Notification of Major Interests in Shares | ||||
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1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | National Express Group Plc | |||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights | X | |||
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | Â | |||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | Â | |||
An event changing the breakdown of voting rights | Â | |||
Other (please specify): | Â | Â | ||
3. Full name of person(s) subject to thenotification obligation: iii | Newton Investment Management Limited | |||
4. Full name of shareholder(s)Â (if different from 3.):iv | N/A | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 15 March 2017 | |||
6. Date on which issuer notified: | 16 March 2017 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | Falling below 10% | |||
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8. Notified details: GB0006215205 | |||||||||||||||||
A: Voting rights attached to shares viii, ix | |||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | |||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | |||||||||||||
Ordinary Shares GB0006215205 | 51,210,362 | 51,210,362 | 51,165,295 | 51,165,295 | N/A | 9.99% | Â | ||||||||||
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B: Qualifying Financial Instruments | |||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | |||||||||||||
N/A | Â | Â | Â | Â | |||||||||||||
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to  | % of voting rights xix, xx  | ||||||||||||
N/A | Â | Â | Â | Â Â | Nominal | Delta | |||||||||||
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Total (A+B+C) | |||||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||||
51,165,295 | 9.99% | ||||||||||||||||
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9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
 Newton Investment Management Ltd. holds these shares as a discretionary fund manager. | ||
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Proxy Voting: | ||
10. Name of the proxy holder: | N/A | |
11. Number of voting rights proxy holder will ceaseto hold: | N/A | |
12. Date on which proxy holder will cease to holdvoting rights: | N/A | |
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13. Additional information: | N/A | |
14. Contact name: | Joy Baldry, Company Secretary | |
15. Contact telephone number: | 020 7805 3801 | |
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