SGC Stagecoach Group Plc

TIDMSGC TIDMBARC 
 
 

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     STAGECOACH GROUP PLC 
     whose 
     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:     02 March 2022 
(f)  In addition to the company in 1(c) above,  YES: 
     is the discloser making 
     disclosures in respect of any other party  NATIONAL EXPRESS GROUP PLC 
     to the offer? 
 

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:           9,879,132     1.79%  1,491,635   0.27% 
 
(2)        Cash-settled derivatives: 
                                        770,306       0.14%  9,392,399   1.70% 
 
           Stock-settled derivatives 
(3)        (including options) 
           and agreements to 
           purchase/sell:               0             0.00%  0           0.00% 
 
(4) 
           TOTAL:                       10,649,438    1.93%  10,884,034  1.97% 
 
 

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         10,411        0.8199 GBP 
125/228p ordinary    Purchase         17,976        0.8200 GBP 
125/228p ordinary    Purchase         77,420        0.8278 GBP 
125/228p ordinary    Purchase         92,853        0.8201 GBP 
125/228p ordinary    Purchase         135,253       0.8247 GBP 
125/228p ordinary    Purchase         1,100,000     0.8219 GBP 
125/228p ordinary    Sale             1,145         0.8144 GBP 
125/228p ordinary    Sale             2,006         0.8221 GBP 
125/228p ordinary    Sale             11,373        0.8300 GBP 
125/228p ordinary    Sale             12,905        0.8262 GBP 
125/228p ordinary    Sale             110,975       0.8240 GBP 
125/228p ordinary    Sale             121,363       0.8200 GBP 
125/228p ordinary    Sale             205,058       0.8190 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                 306         0.8284 GBP 
125/228p ordinary   CFD            Long                 31,610      0.8144 GBP 
125/228p ordinary   SWAP           Long                 33,432      0.8191 GBP 
125/228p ordinary   SWAP           Long                 110,952     0.8200 GBP 
125/228p ordinary   CFD            Long                 142,861     0.8199 GBP 
125/228p ordinary   CFD            Short                2           0.8200 GBP 
125/228p ordinary   SWAP           Short                1,453       0.8120 GBP 
125/228p ordinary   CFD            Short                11,840      0.8175 GBP 
125/228p ordinary   SWAP           Short                12,500      0.8201 GBP 
125/228p ordinary   SWAP           Short                30,903      0.8307 GBP 
125/228p ordinary   SWAP           Short                48,657      0.8143 GBP 
125/228p ordinary   SWAP           Short                77,420      0.8278 GBP 
125/228p ordinary   SWAP           Short                1,100,000   0.8219 GBP 
 

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

 
Class of  Product      Writing,     Number of   Exercise  Type e.g.  Expiry  Option 
relevant  description  purchasing,  securities  price     American,  date    money 
security  e.g. call    selling,     to which    per       European           paid/ 
          option       varying      option      unit      etc.               received 
                       etc.         relates                                  per 
                                                                             unit 
 
 

(ii) Exercise

 
Class of        Product         Exercising/     Number of       Exercise price 
relevant        description     exercised       securities      per unit 
security        e.g. call       against 
                option 
 
 

(d) Other dealings (including subscribing for new securities)

 
Class of relevant       Nature of dealing      Details  Price per unit (if 
security                e.g. subscription,              applicable) 
                        conversion 
 
 

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:                 3 Mar 2022 
                                    Large Holdings Regulatory 
Contact name:                       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/20220303005539/en/

 
    CONTACT: 

BARCLAYS PLC

 
    SOURCE: BARCLAYS PLC 
Copyright Business Wire 2022 
 

(END) Dow Jones Newswires

March 03, 2022 06:37 ET (11:37 GMT)