FORM 8.3 – NATIONAL EXPRESS GROUP PLC
FORM 8.3 – NATIONAL EXPRESS GROUP PLC
BARCLAYS PLC
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 |
NATIONAL EXPRESS GROUP 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: |
10 January 2022 |
|||||
| (f) | In addition to the company in 1(c) above, is the discloser making |
YES: |
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| disclosures in respect of any other party to the offer? |
STAGECOACH GROUP PLC |
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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: | 5p ordinary | |||||
|
Interests |
Short Positions |
|||||
|
Number |
(%) |
Number |
(%) |
|||
|
(1) |
Relevant securities owned |
|
|
|
|
|
| and/or controlled: |
495,206 |
0.08% |
10,149,334 |
1.65% |
||
|
|
|
|
|
|||
|
(2) |
Cash-settled derivatives: |
|
|
|
|
|
|
9,805,587 |
1.60% |
245,639 |
0.04% |
|||
|
|
|
|
|
|||
|
(3) |
Stock-settled derivatives (including options) |
|
|
|
|
|
| and agreements to purchase/sell: |
0 |
0.00% |
0 |
0.00% |
||
|
|
|
|
|
|||
|
|
|
|
|
|||
| TOTAL: |
10,300,793 |
1.68% |
10,394,973 |
1.69% |
||
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: |
|
|
Details, including nature of the rights concerned and relevant percentages: |
|
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 |
Purchase/sale |
|
Number of |
|
Price per unit |
|
|
| security |
|
|
securities |
|
|
|
|
| 5p ordinary |
Purchase |
209 |
2.6020 GBP |
||||
| 5p ordinary |
Purchase |
223 |
2.5888 GBP |
||||
| 5p ordinary |
Purchase |
263 |
2.6200 GBP |
||||
| 5p ordinary |
Purchase |
394 |
2.5460 GBP |
||||
| 5p ordinary |
Purchase |
467 |
2.6024 GBP |
||||
| 5p ordinary |
Purchase |
565 |
2.6137 GBP |
||||
| 5p ordinary |
Purchase |
599 |
2.6060 GBP |
||||
| 5p ordinary |
Purchase |
638 |
2.5860 GBP |
||||
| 5p ordinary |
Purchase |
711 |
2.5732 GBP |
||||
| 5p ordinary |
Purchase |
786 |
2.5420 GBP |
||||
| 5p ordinary |
Purchase |
900 |
2.5380 GBP |
||||
| 5p ordinary |
Purchase |
979 |
2.5560 GBP |
||||
| 5p ordinary |
Purchase |
980 |
2.5540 GBP |
||||
| 5p ordinary |
Purchase |
1,177 |
2.5882 GBP |
||||
| 5p ordinary |
Purchase |
1,190 |
2.5980 GBP |
||||
| 5p ordinary |
Purchase |
1,367 |
2.6000 GBP |
||||
| 5p ordinary |
Purchase |
1,367 |
2.5999 GBP |
||||
| 5p ordinary |
Purchase |
1,857 |
2.5500 GBP |
||||
| 5p ordinary |
Purchase |
2,973 |
2.5775 GBP |
||||
| 5p ordinary |
Purchase |
3,355 |
2.5940 GBP |
||||
| 5p ordinary |
Purchase |
3,492 |
2.6029 GBP |
||||
| 5p ordinary |
Purchase |
3,625 |
2.5357 GBP |
||||
| 5p ordinary |
Purchase |
3,625 |
2.5360 GBP |
||||
| 5p ordinary |
Purchase |
5,415 |
2.5958 GBP |
||||
| 5p ordinary |
Purchase |
11,120 |
2.5559 GBP |
||||
| 5p ordinary |
Purchase |
11,490 |
2.5931 GBP |
||||
| 5p ordinary |
Purchase |
16,921 |
2.5597 GBP |
||||
| 5p ordinary |
Purchase |
21,811 |
2.5582 GBP |
||||
| 5p ordinary |
Purchase |
41,471 |
2.5640 GBP |
||||
| 5p ordinary |
Purchase |
48,446 |
2.5879 GBP |
||||
| 5p ordinary |
Sale |
1 |
2.5642 GBP |
||||
| 5p ordinary |
Sale |
8 |
2.5640 GBP |
||||
| 5p ordinary |
Sale |
585 |
2.6057 GBP |
||||
| 5p ordinary |
Sale |
599 |
2.6060 GBP |
||||
| 5p ordinary |
Sale |
638 |
2.5860 GBP |
||||
| 5p ordinary |
Sale |
786 |
2.5420 GBP |
||||
| 5p ordinary |
Sale |
979 |
2.5540 GBP |
||||
| 5p ordinary |
Sale |
988 |
2.5617 GBP |
||||
| 5p ordinary |
Sale |
1,094 |
2.5456 GBP |
||||
| 5p ordinary |
Sale |
1,149 |
2.5679 GBP |
||||
| 5p ordinary |
Sale |
1,190 |
2.5980 GBP |
||||
| 5p ordinary |
Sale |
1,346 |
2.5915 GBP |
||||
| 5p ordinary |
Sale |
1,405 |
2.5673 GBP |
||||
| 5p ordinary |
Sale |
1,519 |
2.5444 GBP |
||||
| 5p ordinary |
Sale |
2,007 |
2.5550 GBP |
||||
| 5p ordinary |
Sale |
2,142 |
2.5703 GBP |
||||
| 5p ordinary |
Sale |
2,214 |
2.5834 GBP |
||||
| 5p ordinary |
Sale |
2,304 |
2.5801 GBP |
||||
| 5p ordinary |
Sale |
2,353 |
2.5961 GBP |
||||
| 5p ordinary |
Sale |
2,477 |
2.5564 GBP |
||||
| 5p ordinary |
Sale |
2,783 |
2.5658 GBP |
||||
| 5p ordinary |
Sale |
3,459 |
2.5656 GBP |
||||
| 5p ordinary |
Sale |
3,519 |
2.5687 GBP |
||||
| 5p ordinary |
Sale |
3,625 |
2.5360 GBP |
||||
| 5p ordinary |
Sale |
4,087 |
2.6019 GBP |
||||
| 5p ordinary |
Sale |
4,571 |
2.6000 GBP |
||||
| 5p ordinary |
Sale |
6,664 |
2.6012 GBP |
||||
| 5p ordinary |
Sale |
6,706 |
2.5748 GBP |
||||
| 5p ordinary |
Sale |
7,732 |
2.5664 GBP |
||||
| 5p ordinary |
Sale |
8,456 |
2.5500 GBP |
||||
| 5p ordinary |
Sale |
9,052 |
2.5936 GBP |
||||
| 5p ordinary |
Sale |
9,244 |
2.5600 GBP |
||||
| 5p ordinary |
Sale |
9,490 |
2.5891 GBP |
||||
| 5p ordinary |
Sale |
12,270 |
2.5927 GBP |
||||
| 5p ordinary |
Sale |
23,192 |
2.5785 GBP |
||||
| 5p ordinary |
Sale |
28,015 |
2.5681 GBP |
||||
| 5p ordinary |
Sale |
39,291 |
2.6067 GBP |
||||
| 5p ordinary |
Sale |
42,014 |
2.5877 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 |
322 |
2.5861 GBP |
|||
| 5p ordinary |
SWAP |
Long |
778 |
2.6000 GBP |
|||
| 5p ordinary |
SWAP |
Long |
1,436 |
2.5744 GBP |
|||
| 5p ordinary |
SWAP |
Long |
1,649 |
2.5910 GBP |
|||
| 5p ordinary |
CFD |
Long |
3,147 |
2.5637 GBP |
|||
| 5p ordinary |
SWAP |
Long |
4,325 |
2.5923 GBP |
|||
| 5p ordinary |
SWAP |
Long |
5,421 |
2.5994 GBP |
|||
| 5p ordinary |
SWAP |
Long |
5,473 |
2.5824 GBP |
|||
| 5p ordinary |
SWAP |
Long |
7,581 |
2.6030 GBP |
|||
| 5p ordinary |
SWAP |
Long |
17,218 |
2.5738 GBP |
|||
| 5p ordinary |
CFD |
Long |
21,895 |
2.5780 GBP |
|||
| 5p ordinary |
CFD |
Long |
22,943 |
2.5983 GBP |
|||
| 5p ordinary |
SWAP |
Short |
197 |
2.5459 GBP |
|||
| 5p ordinary |
CFD |
Short |
223 |
2.5888 GBP |
|||
| 5p ordinary |
SWAP |
Short |
244 |
2.5839 GBP |
|||
| 5p ordinary |
SWAP |
Short |
263 |
2.6200 GBP |
|||
| 5p ordinary |
SWAP |
Short |
328 |
2.5518 GBP |
|||
| 5p ordinary |
SWAP |
Short |
788 |
2.5829 GBP |
|||
| 5p ordinary |
SWAP |
Short |
1,997 |
2.6169 GBP |
|||
| 5p ordinary |
CFD |
Short |
2,865 |
2.5397 GBP |
|||
| 5p ordinary |
SWAP |
Short |
7,037 |
2.5442 GBP |
|||
| 5p ordinary |
SWAP |
Short |
9,192 |
2.5745 GBP |
|||
| 5p ordinary |
SWAP |
Short |
9,638 |
2.5409 GBP |
|||
| 5p ordinary |
SWAP |
Short |
9,884 |
2.5708 GBP |
|||
| 5p ordinary |
SWAP |
Short |
13,397 |
2.5949 GBP |
|||
| 5p ordinary |
SWAP |
Short |
15,262 |
2.5931 GBP |
|||
| 5p ordinary |
SWAP |
Short |
15,566 |
2.5877 GBP |
|||
| 5p ordinary |
SWAP |
Short |
20,275 |
2.5875 GBP |
|||
| 5p ordinary |
SWAP |
Short |
30,887 |
2.5640 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: |
11 Jan 2022 |
||||||
| Contact name: |
Large Holdings Regulatory Operations |
||||||
| Telephone number: |
020 3134 7213 |
||||||
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.
*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.
The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220111005698/en/
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