National Express Group PLC Holding(s) in Company (4268U)

TIDMNEX

RNS Number : 4268U

National Express Group PLC

06 April 2016

 
 
 
 
  TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
---------------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                            National Express Group PLC 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
--------------------------------------------------------  ------------------------------------------------------ 
 2 Reason for the notification (please tick the appropriate box or boxes): 
---------------------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                                                 Yes 
----------------------------------------------------------------------------------------------------------  ---- 
 An acquisition or disposal of qualifying financial instruments 
  which may result in the acquisition of shares already issued to 
  which voting rights are attached 
----------------------------------------------------------------------------------------------------------  ---- 
 An acquisition or disposal of instruments with similar economic 
  effect to qualifying financial instruments 
----------------------------------------------------------------------------------------------------------  ---- 
 An event changing the breakdown of voting rights 
----------------------------------------------------------------------------------------------------------  ---- 
 Other (please                                            Unwinding of call spread transaction and collar    Yes 
  specify):                                               transaction 
-------------------------------------------------------  -------------------------------------------------  ---- 
 3. Full name of person(s) subject                                 European Express Enterprises Limited 
  to the 
  notification obligation: (iii) 
--------------------------------------------------------  ------------------------------------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
--------------------------------------------------------  ------------------------------------------------------ 
 5. Date of the transaction and date                                   1 April 2016 and 4 April 2016 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------------------  ------------------------------------------------------ 
 6. Date on which issuer notified:                                             5 April 2016 
--------------------------------------------------------  ------------------------------------------------------ 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                                13% 
--------------------------------------------------------  ------------------------------------------------------ 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous               Resulting situation after the triggering 
 of              to the triggering                transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  -------------------------------  ---------------------------------------------------------------------- 
                Number           Number          Number         Number of voting             % of voting rights 
                 of               of              of shares      rights                       (x) 
                 Shares           Voting 
                                  Rights 
-------------  ---------------  --------------  -------------  ---------------------------  -------------------------- 
                                                 Direct         Direct (xi)     Indirect     Direct         Indirect 
                                                                                 (xii) 
-------------    -----------      ------------  -------------  --------------  -----------  -------------  ----------- 
 Ordinary 
 Shares 
 GB0006215205   76,105,061       76,105,061      66,481,891     66,481,891                    12.99% 
-------------  ---------------  --------------  -------------  --------------  -----------  -------------  ----------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of          Expiration       Exercise/                      Number of voting               % of voting 
 financial         date (xiii)      Conversion Period              rights that may                rights 
 instrument                         (xiv)                          be 
                                                                   acquired if the 
                                                                   instrument is 
                                                                   exercised/ converted. 
---------------  ---------------  -----------------------------  -----------------------------  ---------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of        Exercise       Expiration        Exercise/    Number of voting                 % of voting rights 
 financial      price          date (xvii)       Conversion    rights instrument                (xix, xx) 
 instrument                                      period        refers to 
                                                 (xviii) 
-------------  -------------  ----------------  -----------  -------------------------------  ------------------------ 
                                                                                               Nominal      Delta 
-------------  -------------  ----------------  -----------  -------------------------------  -----------  ----------- 
 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                      Percentage of voting rights 
-----------------------------------------------------------  --------------------------------------------------------- 
 66,481,891                                                   12.99% 
-----------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
---------------------------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
---------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
----------------------------------------------------------------------------  ---------------- 
 11. Number of voting rights proxy holder will 
  cease 
  to hold: 
----------------------------------------------------------------------------  ---------------- 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights: 
----------------------------------------------------------------------------  ---------------- 
 
 
  13. Additional information: 
----------------------------------------------------------------------------  ---------------- 
 14. Contact name:                                                             Dianne Robinson 
----------------------------------------------------------------------------  ---------------- 
 15. Contact telephone number:                                                  0121 460 8629 
----------------------------------------------------------------------------  ---------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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April 06, 2016 12:50 ET (16:50 GMT)