BARCLAYS PLC UK Regulatory Announcement: Form 8.3 – STAGECOACH GROUP PLC – Amendment

LONDON–(BUSINESS WIRE)– 

FORM 8.3 Amendment to Sale

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 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.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	STAGECOACH GROUP PLC
(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: For an opening position disclosure, state the latest practicable date prior to the disclosure	19 Nov 2021
(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: NATIONAL EXPRESS 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:			125/228p ordinary
			Interests		Short Positions
			Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:		2,086,260	0.38%	814,400	0.15%
(2)	Cash-settled derivatives:
			697,733	0.13%	1,695,539	0.31%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:		0	0.00%	0	0.00%
(4)
	TOTAL:		2,783,993	0.51%	2,509,939	0.46%

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
125/228p ordinary		Purchase		36		0.7539 GBP
125/228p ordinary		Purchase		1,500		0.7715 GBP
125/228p ordinary		Purchase		5,084		0.7609 GBP
125/228p ordinary		Purchase		9,028		0.7551 GBP
125/228p ordinary		Purchase		28,618		0.7604 GBP
125/228p ordinary		Purchase		31,549		0.7563 GBP
125/228p ordinary		Sale		14		0.7610 GBP
125/228p ordinary		Sale		43		0.7548 GBP
125/228p ordinary		Sale		58		0.7507 GBP
125/228p ordinary		Sale		1,051		0.7602 GBP
125/228p ordinary		Sale		1,057		0.7607 GBP
125/228p ordinary		Sale		1,205		0.7597 GBP
125/228p ordinary		Sale		1,365		0.7685 GBP
125/228p ordinary		Sale		1,492		0.7625 GBP
125/228p ordinary		Sale		2,154		0.7663 GBP
125/228p ordinary		Sale		3,000		0.7680 GBP
125/228p ordinary		Sale		3,333		0.7628 GBP
125/228p ordinary		Sale		3,342		0.7601 GBP
125/228p ordinary		Sale		5,967		0.7590 GBP
125/228p ordinary		Sale		11,550		0.7500 GBP
125/228p ordinary		Sale		16,681		0.7608 GBP
125/228p ordinary		Sale		18,432		0.7587 GBP
125/228p ordinary		Sale		24,639		0.7677 GBP
125/228p ordinary		Sale		45,510		0.7595 GBP

(b) Cash-settled derivative transactions

Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
125/228p ordinary		SWAP		Long		748	0.7579 GBP
125/228p ordinary		SWAP		Long		2,224	0.7601 GBP
125/228p ordinary		SWAP		Long		2,523	0.7539 GBP
125/228p ordinary		SWAP		Long		3,250	0.7629 GBP
125/228p ordinary		CFD		Long		4,918	0.7603 GBP
125/228p ordinary		CFD		Long		8,577	0.7699 GBP
125/228p ordinary		CFD		Long		11,550	0.7500 GBP
125/228p ordinary		SWAP		Long		11,888	0.7690 GBP
125/228p ordinary		SWAP		Short		1,500	0.7715 GBP
125/228p ordinary		SWAP		Short		2,674	0.7586 GBP
125/228p ordinary		SWAP		Short		10,236	0.7633 GBP
125/228p ordinary		CFD		Short		23,723	0.7540 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:	23 Nov 2021
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.

Contacts

BARCLAYS PLC