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Regulatory Announcement

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REG-Morgan Stanley Cap EPT Disclosure

Released: 29/10/2009

  com:20091029:Rnsc5949B
                                                                                                                       .
RNS Number : 5949B  
  
Morgan Stanley Capital Services Inc  
  
29 October 2009  
  
DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS   
  
WITH RECOGNISED INTERMEDIARY STATUS  
  
DEALING IN A CLIENT-SERVING CAPACITY  
  
(Rule 38.5(a) of the Takeover Code)  
  
1.    KEY INFORMATION  
  
 
  Name of exempt principal trader                          Morgan Stanley Capital Services Inc.  
  Company dealt in                                         Stagecoach Group plc                  
                                                                                                 
  Class of relevant security to which the dealings being   Ordinary Shares                       
  disclosed relate(Note 1)                                                                       
  Date of dealing                                          28 October 2009                       
  
  
2.    DEALINGS (Note 2)  
  
(a)    Purchases and sales  
  
 
  Total number of securities purchased    Highest price paid (Note 3) GBP   Lowest price paid (Note 3) GBP  
                                                                                                            
  N/A                                     N/A                               N/A                             
  
  
 
  Total number of securities sold    Highest price received (Note 3) GBP   Lowest price received (Note 3) GBP  
                                                                                                               
  N/A                                N/A                                   N/A                                 
  
  
(b)    Derivatives transactions (other than options)  
  
 
  Product name,    Long/short (Note 4)   Number of securities (Note 5)   Price per unit (Note 3) GBP  
  e.g. CFD                                                                                            
  CFD              LONG                  7,039                           1.4733                       
  CFD              LONG                  4,467                           1.4733                       
  CFD              LONG                  2,244                           1.4733                       
  CFD              LONG                  87,302                          1.4733                       
  CFD              LONG                  8,916                           1.4733                       
  CFD              LONG                  2,905                           1.4733                       
  CFD              LONG                  2,552                           1.4733                       
  CFD              SHORT                 51,537                          1.4554                       
  
  
(c)    Options transactions in respect of existing securities  
  
(i)    Writing, selling, purchasing or varying  
  
 
  Product name,        Writing, selling, purchasing, varying etc.   Number of securities to which the option relates (Note   Exercise    Type, e.g. American, European etc.   Expiry    Option money                      
  e.g. call option                                                  5)                                                       price                                            date      paid/received per unit (Note 3)   
                                                                                                                                                                                                                          
  N/A                  N/A                                          N/A                                                      N/A         N/A                                  N/A       N/A                               
  
  
(ii)    Exercising  
  
 
  Product name, e.g. call option   Number of securities   Exercise price per unit (Note 3)   
                                                                                             
  N/A                              N/A                    N/A                                
  
  
3.    OTHER INFORMATION  
  
Agreements, arrangements or understandings relating to options or derivatives  
  
 
  Full details of any agreement, arrangement or understanding  
  between the person disclosing and any other person relating  
  to the voting rights of any relevant securities under any    
  option referred to on this form or relating to the voting    
  rights or future acquisition or disposal of any relevant     
  securities to which any derivative referred to on this form  
  is referenced. If none, this should be stated.               
                                                               
  NONE                                                         
                                                               
  
  
 
  Date of disclosure                             29October 2009              
  Contact name                                   Lucy Hayes                  
  Telephone number                               020 7425 8677               
  Name of offeree/offeror with which connected   National Express Group plc  
  Nature of connection (Note 6)                  Corporate Broker/Advisor    
  
  
Notes  
  
The Notes on Form 38.5(a) can be viewed on the Takeover Panel's website at 
www.thetakeoverpanel.org.uk  
  
 
This information is provided by RNS  
  
The company news service from the London Stock Exchange  
  
  END  
  
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