Leita Mobility Limited, a wholly-owned indirect subsidiary of Autobuses de León, S.L. ("AdL"), has filed a Form 8 Opening Position Disclosure with respect to Mobico Group plc (MCG) under Rules 8.1 and 8.2 of the UK Takeover Code. The disclosure, dated 4 November 2026 and reflecting positions held as at 3 November 2026, confirms Leita Mobility Limited as the offeror in the transaction. The filing reveals that Leita Mobility itself holds nil interests or short positions in Mobico Group's 5p ordinary shares, though concert parties collectively hold a material stake in the target company. Investors following the offer will note the structured ownership behind the bidding vehicle and the disclosed concert party positions.

Key Points

  • Mobico Group plc (MCG) is the offeree; Leita Mobility Limited is confirmed as the offeror in this Rule 8 disclosure
  • Leita Mobility Limited is a wholly-owned indirect subsidiary of AdL, itself jointly held by CMC Group and Asterion Industrial Infra Fund III, FCR
  • Leita Mobility holds nil interests and nil short positions in Mobico Group's 5p ordinary shares as at 3 November 2026
  • Investors should watch for further Rule 8 disclosures and any formal offer document as the takeover process develops

Leita Mobility Holds Nil Direct Stake in Mobico Group as Offeror

The Form 8 filing confirms that Leita Mobility Limited itself holds no interests and no short positions in Mobico Group plc's 5p ordinary shares, with totals of nil across relevant securities owned or controlled, cash-settled derivatives, and stock-settled derivatives or agreements to purchase or sell. No rights to subscribe for new securities were disclosed. No supplemental forms covering open positions or securities borrowing and lending arrangements were attached to the submission. The absence of a direct economic stake in Mobico Group at the offeror vehicle level is a standard feature of structured acquisition approaches under the Takeover Code.

CMC Group Concert Parties Hold Over 26% of Mobico Group Ordinary Shares

Persons acting in concert with Leita Mobility hold a combined significant position in Mobico Group. European Express Enterprises Limited, a member of the CMC Group, holds 141,258,361 ordinary shares representing 23.00% of the company. Northern Express Enterprises Limited, also a CMC Group member, holds a further 18,430,795 shares representing 3.00%. CMC Group executive José Luís Álvarez Fernández holds 37,500 shares, representing 0.01%. The disclosure also notes that Jorge Cosmen Menéndez-Castañedo, who holds 47,826 shares as a close relative of an AdL director, is additionally a serving director of Mobico Group plc itself.

AdL Directors and Close Relatives Disclose Personal Holdings in Mobico Group

The filing sets out personal shareholdings for directors of AdL and their close relatives. Emilio Hernaiz Crespo and his spouse hold 297,000 ordinary shares, equating to 0.05%, while Javier Valero Perandones holds 653,000 shares at 0.11%. Close relatives of AdL director Felipe Cosmen Menéndez-Castañedo — Carlos, Pelayo, and Eduardo Cosmen Fernández — each hold 2,500 shares, each representing less than 0.01%. The announcement states that no indemnity or other dealing arrangements, and no agreements relating to options, derivatives, or voting rights, exist between the offeror or its concert parties and any other person.

Autobuses de León Ownership Structure Reflects Joint CMC Group and Asterion Backing

Autobuses de León, S.L., the parent of Leita Mobility Limited, is jointly held by the CMC Group and Asterion Industrial Infra Fund III, FCR, an infrastructure-focused investment vehicle. This ownership structure places the offer within a broader infrastructure and mobility investment context. Mobico Group plc is a leading international public transport operator. The Form 8 was disclosed on 4 November 2026, with contact details provided for Bice Francesca Di Gregorio. Investors may be watching for subsequent Takeover Panel filings as the offer process continues to unfold under the Code's transparency requirements.