HSBC Bank Plc – Form 8.5 (EPT/RI)

FORM 8.5 (EPT/RI)

DISCLOSURE OF PUBLIC TRANSACTIONS BY AN EXEMPTED PRINCIPAL MERCHANT WITH THE STATUS OF RECOGNIZED INTERMEDIARY DEALER WITH CUSTOMER SERVICE CAPACITY
Rule 8.5 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Name of main exempt operator: HSBC Bank Plc
(b) Name of offeror/offeree in relation to the securities concerned by this form:
Use a separate form for each offeror/participant
Stagecoach Group plc
(c) Name of the party to the offer with which the main exempt trader is linked: Offeror – National Express Group plc
(d) Trade Date: January 19, 2022
(e) In addition to the company mentioned in 1(b) above, does the exempt primary dealer make disclosures to any other party to this offering?
If it is a cash offer or a possible cash offer, indicate “N/A”
National Express Group plc

2. EXEMPT PRIMARY MERCHANT OPERATIONS

Where there have been transactions in more than one class of relevant securities of the offeror or recipient named in 1(b), copy Table 2(a), (b), (c) or (d) ) (as applicable) for each class of relevant securities traded.

The currency of all prices and other monetary amounts must be stated.

(a) Purchases and sales

Relevant security class Purchases/ sales

Total number of titles Highest price per unit paid/received
(GBP)
Lowest price per unit paid/received
(GBP)

Ordinary actions

To buy

79,934

95.250p

92.800p

Ordinary actions

Sale

64,686

94.590p

93.190p

(b) Cash-settled derivative transactions

Relevant security class Product Description Type of transaction Number of reference titles Unit price (GBP)
for example CFDs e.g. open/close a long/short position, increase/decrease a long/short position
Ordinary actions To exchange Increase a short position 11,007 93.892p
Ordinary actions To exchange Increase a short position 2,991 94.198p
Ordinary actions To exchange Increase a short position 1,250 92.807p

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

(i) Write, sell, buy or modify

Relevant security class Product Description for example call option Write, buy, sell, vary etc. Number of shares on which the option relates Strike price per unit Type
for example American, European, etc.
Expiration date Option amount paid/received per unit

(ii) Exercise

Relevant security class Product Description
for example call option
Exercise / exercise against Number of titles Strike price per unit

(d) Other transactions (including subscription for new securities)

Relevant security class Type of transaction
e.g. subscription, conversion
Details Unit price (if applicable)

3. OTHER INFORMATION

(a) Indemnity and Other Commercial Arrangements

Details of any indemnification or option agreement, or any agreement or understanding, formal or informal, relating to the relevant securities which may be an inducement to trade or refrain from trading entered into by the exempt principal trader 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, indicate “none”

(b) Agreements, Arrangements or Agreements Relating to Options or Derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt primary trader making the disclosure and any other person regarding:
(i) the voting rights of any relevant security under any option; Where
(ii) voting rights or the future acquisition or disposal of any relevant security to which any derivative is referenced:
If there are no such agreements, arrangements or understandings, indicate “none”
Disclosure date: January 20, 2022
Name of the contact: Mohammad Abdul Qader
Phone number: 0207 088 2000

Public disclosures under rule 8 of the code must be made to a regulatory information service.

The Panel’s Market Surveillance Unit can be consulted about the Code’s transaction disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Group’s website at www.thetakeoverpanel.org.uk.

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