I am a driver for First Group in Bath and drive National Express 403 and 402 coaches out of Bath. These are my observations on what I see on my trips to London and other matters I find interesting. Click here For information on GB3UB and MB7UB
You can contact me at bathdriver@g4kvi.co.uk

Sunday, July 05, 2009

Back to Bath

Well that's it, we are back on the Bath books. So what does that mean? Well not 100% sure at the moment but essentially it means we are back to where we were before the transfer to Bristol. The coaches are now maintained at Bath and we come under the control of the Bath Traffic office. I am a little concerned that we do not have a 'direct' report who we can contact to get breakdown, delay or road closure advice from. I assume this will be sorted after the first 'incident' ! The next thing is that the bus worked has returned. This is on the 'Street shunt' and 'overnight' duties. With Bath being fully manned they are just listed as 'enquire' so we will have to wait and see. Will need have a refresher on the ticket machine and routes but I assume it will be like ridding a bike. Off now until Wednesday so going to cut the grass before the rain tomorrow.

Thursday, July 02, 2009

It all makes sense now

This was posted on the First group Website. Do we now see a BIG picture?


FirstGroup plc ("FirstGroup") - Statement re possible offer for National Express Group PLC ("National Express")

FirstGroup notes the press speculation in relation to a potential offer for National Express and confirms that it has made a preliminary approach to the Board of National Express with a view to entering into discussions about a possible offer for National Express. This preliminary approach envisaged a merger to maximise the potential of the two companies and that the consideration for any offer would be in the form of FirstGroup shares*. That approach was rejected by the Board of National Express.

The Board of FirstGroup continues to believe that there is significant industrial and commercial logic in a combination of the two companies, however FirstGroup would like to emphasise that there can be no certainty that an offer for National Express will be forthcoming nor the terms of any such offer. A further announcement will be made in due course if appropriate.

This announcement does not constitute an announcement of a firm intention to make an offer under Rule 2.5 of The City Code on Takeovers and Mergers (the "Code").

Disclosure in accordance with Rule 2.10 of the Code

In accordance with Rule 2.10 of the Code, FirstGroup confirms that its total issued ordinary share capital at 26 June 2009 comprises 481,866,264 ordinary shares of 5p each, excluding 200,906 of ordinary shares held in treasury. The International Securities Identification Number for FirstGroup ordinary shares is GB0003452173.

* FirstGroup reserves the right to vary the form of consideration.

Enquiries:

J.P. Morgan Cazenove Tel: +44 (0)20 7588 2828

Ian Hannam

Malcolm Moir

The release, distribution or publication of this announcement in jurisdictions other than the UK may be restricted by law and therefore any persons who are subject to the laws of any jurisdiction other than the UK should inform themselves about and observe any applicable requirements.

Dealing Disclosure Requirements

Under the provisions of Rule 8.3 of the Code, if any person is, or becomes, "interested" (directly or indirectly) in 1 per cent. or more of any class of "relevant securities" of FirstGroup or of National Express, all "dealings" in any "relevant securities" of that company (including by means of an option in respect of, or a derivative referenced to, any such "relevant securities") must be publicly disclosed by no later than 3:30pm (London time) on the London business day following the date of the relevant transaction. This requirement will continue until the date on which the offer becomes, or is declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the "offer period" otherwise ends. If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire an "interest" in "relevant securities" of FirstGroup or National Express, they will be deemed to be a single person for the purpose of Rule 8.3.

Under the provisions of Rule 8.1 of the Code, all "dealings" in "relevant securities" of FirstGroup or National Express by FirstGroup or National Express, or by any of their respective "associates", must be disclosed by no later than 12:00 noon (London time) on the London business day following the date of the relevant transaction.

A disclosure table, giving details of the companies in whose "relevant securities" "dealings" should be disclosed, and the number of such securities in issue, can be found on the Panel's website at www.thetakeoverpanel.org.uk.

"Interests in securities" arise, in summary, when a person has long economic exposure, whether conditional or absolute, to changes in the price of securities. In particular, a person will be treated as having an "interest" by virtue of the ownership or control of securities, or by virtue of any option in respect of, or derivative referenced to, securities.

Terms in quotation marks are defined in the Code, which can also be found on the Panel's website. If you are in any doubt as to whether or not you are required to disclose a "dealing" under Rule 8, you should consult the Panel.

J.P. Morgan Cazenove Limited ("J.P. Morgan Cazenove"), which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for FirstGroup plc and no one else in connection with the matters set out in this announcement and is not advising any other person and accordingly will not be responsible to any person
other than
FirstGroup plc for providing the protections afforded to clients of J.P. Morgan Cazenove or for providing advice in relation to the matters described in this
announcement.

This information is provided by RNS
The company news service from the London Stock Exchange

RNS news service provided by Hemscott Group Limited.

Friday, June 26, 2009

Sitting at Heathrow

1545 from Bath today so sign on at 1500. As I walked through the door the Leading Driver was coming out. We had to go to Bristol to get a coach as mine had broken down on the M4, again!! Finally left Bath at 1615 which should have been Ok as at that time you miss the traffic.Reported accident at J12 had cleared so thought should arrive on time. However just before J7 the traffic came to a complete halt and it then took 30 mins to get to J6 where an accident was being cleared. I still was hopeful of getting to VCS until J4. It was obvious we were not going to get to VCS so call made and a coach was waiting at Heathrow for my Victoria passengers. I am now at Hethrow until 2145 when my my passengers will arrive on an 032.

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Disclaimer

The statements, views and opinions made or expressed on this blog are solely my own. They are not made by or on behalf of National Express or First Group. They are not approved or authorised by them in any way