Form 8.3 - National Express Group plc Amendment

FORM 8.3

Amendment to Purchase

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:

11 March 2022

(f)

In addition to the company in 1(c) above, is the discloser making

YES:

disclosures in respect of any other party to the offer?

STAGECOACH GROUP PLC

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(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:

2,749,858

0.45%

8,151,421

1.33%

(2)

Cash-settled derivatives:

7,872,967

1.28%

1,775,692

0.29%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

10,622,825

1.73%

9,927,113

1.62%

(b)

Rights to subscribe for new securities (including directors and other executive

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

(a)

Purchases and sales

Class of relevant

Purchase/sale

Number of

Price per unit

security

securities

5p ordinary

Purchase

29

2.5340 GBP

5p ordinary

Purchase

74

2.5760 GBP

5p ordinary

Purchase

386

2.5321 GBP

5p ordinary

Purchase

862

2.5814 GBP

5p ordinary

Purchase

1,728

2.5841 GBP

5p ordinary

Purchase

2,190

2.5450 GBP

5p ordinary

Purchase

2,455

2.5067 GBP

5p ordinary

Purchase

3,008

2.5848 GBP

5p ordinary

Purchase

3,228

2.4900 GBP

5p ordinary

Purchase

4,341

2.5068 GBP

5p ordinary

Purchase

4,412

2.5600 GBP

5p ordinary

Purchase

4,826

2.5425 GBP

5p ordinary

Purchase

7,835

2.4740 GBP

5p ordinary

Purchase

9,387

2.5260 GBP

5p ordinary

Purchase

9,421

2.5296 GBP

5p ordinary

Purchase

16,003

2.5090 GBP

5p ordinary

Purchase

16,902

2.5826 GBP

5p ordinary

Purchase

17,557

2.4563 GBP

5p ordinary

Purchase

17,904

2.5156 GBP

5p ordinary

Purchase

18,021

2.5256 GBP

5p ordinary

Purchase

45,066

2.5120 GBP

5p ordinary

Purchase

69,943

2.5533 GBP

5p ordinary

Purchase

197,400

2.5369 GBP

5p ordinary

Purchase

284,380

2.5366 GBP

5p ordinary

Purchase

324,941

2.5187 GBP

5p ordinary

Purchase

603,766

2.5531 GBP

5p ordinary

Sale

38

2.5550 GBP

5p ordinary

Sale

67

2.4738 GBP

5p ordinary

Sale

75

2.5200 GBP

5p ordinary

Sale

92

2.5576 GBP

5p ordinary

Sale

417

2.5451 GBP

5p ordinary

Sale

726

2.5407 GBP

5p ordinary

Sale

864

2.5460 GBP

5p ordinary

Sale

911

2.5420 GBP

5p ordinary

Sale

1,478

2.5540 GBP

5p ordinary

Sale

1,925

2.5600 GBP

5p ordinary

Sale

1,970

2.5254 GBP

5p ordinary

Sale

2,569

2.5716 GBP

5p ordinary

Sale

2,826

2.5033 GBP

5p ordinary

Sale

3,099

2.5437 GBP

5p ordinary

Sale

3,493

2.5424 GBP

5p ordinary

Sale

3,577

2.5223 GBP

5p ordinary

Sale

3,747

2.5298 GBP

5p ordinary

Sale

4,810

2.5170 GBP

5p ordinary

Sale

5,294

2.5446 GBP

5p ordinary

Sale

5,542

2.5567 GBP

5p ordinary

Sale

6,382

2.5440 GBP

5p ordinary

Sale

6,840

2.5354 GBP

5p ordinary

Sale

7,253

2.5346 GBP

5p ordinary

Sale

7,449

2.5432 GBP

5p ordinary

Sale

7,563

2.5400 GBP

5p ordinary

Sale

8,040

2.5221 GBP

5p ordinary

Sale

8,908

2.5349 GBP

5p ordinary

Sale

10,892

2.5702 GBP

5p ordinary

Sale

11,161

2.5308 GBP

5p ordinary

Sale

11,472

2.5411 GBP

5p ordinary

Sale

11,790

2.5262 GBP

5p ordinary

Sale

13,390

2.5155 GBP

5p ordinary

Sale

16,926

2.5344 GBP

5p ordinary

Sale

28,109

2.4993 GBP

5p ordinary

Sale

30,109

2.5040 GBP

5p ordinary

Sale

53,631

2.5080 GBP

5p ordinary

Sale

79,385

2.5340 GBP

5p ordinary

Sale

87,721

2.5372 GBP

5p ordinary

Sale

109,385

2.5581 GBP

5p ordinary

Sale

134,160

2.5543 GBP

5p ordinary

Sale

194,755

2.5213 GBP

5p ordinary

Sale

200,134

2.5710 GBP

5p ordinary

Sale

257,847

2.5281 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

5p ordinary

 CFD

Long

67

2.4737 GBP

5p ordinary

 SWAP

Long

320

2.5440 GBP

5p ordinary

 SWAP

Long

5,500

2.5341 GBP

5p ordinary

 SWAP

Long

5,661

2.5275 GBP

5p ordinary

 SWAP

Long

6,008

2.5079 GBP

5p ordinary

 SWAP

Long

18,267

2.5356 GBP

5p ordinary

 SWAP

Long

28,768

2.5381 GBP

5p ordinary

 SWAP

Long

53,631

2.5080 GBP

5p ordinary

 SWAP

Long

55,110

2.5364 GBP

5p ordinary

 SWAP

Long

80,200

2.5311 GBP

5p ordinary

 SWAP

Long

83,413

2.5291 GBP

5p ordinary

 SWAP

Short

2,308

2.5377 GBP

5p ordinary

 SWAP

Short

2,872

2.5256 GBP

5p ordinary

 SWAP

Short

3,228

2.4900 GBP

5p ordinary

 SWAP

Short

3,815

2.5361 GBP

5p ordinary

 SWAP

Short

4,341

2.5068 GBP

5p ordinary

 SWAP

Short

16,003

2.5090 GBP

5p ordinary

 SWAP

Short

19,277

2.5158 GBP

5p ordinary

 SWAP

Short

24,451

2.5080 GBP

5p ordinary

 SWAP

Short

25,079

2.5291 GBP

5p ordinary

 CFD

Short

27,244

2.5264 GBP

5p ordinary

 CFD

Short

31,486

2.5259 GBP

5p ordinary

 SWAP

Short

33,601

2.5204 GBP

5p ordinary

 CFD

Short

43,649

2.5254 GBP

5p ordinary

 SWAP

Short

44,345

2.5081 GBP

5p ordinary

 SWAP

Short

61,665

2.5355 GBP

5p ordinary

 CFD

Short

73,327

2.5082 GBP

5p ordinary

 SWAP

Short

259,301

2.5373 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

date

money

relevant

selling,

securities

per unit

paid/

security

varying etc

to which

received

option

per unit

relates

(ii)

Exercising

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

securities

unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings 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:

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 of future acquisition or disposal of any relevant securities to which

any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

15 Mar 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213