11th May 2018 13:42
FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)
1. KEY INFORMATION
| (a) Full name of discloser: | Barclays PLC. | |
| (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. | ||
| (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | VIRGIN MONEY HOLDINGS (UK) PLC | |
| (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: | ||
| (e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure | 10 May 2018 | |
| (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A” | YES: CYBG plc |
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)
| Class of relevant security: | 0.01p ordinary | ||||||||||
| Interests | Short Positions | ||||||||||
| Number | (%) | Number | (%) | ||||||||
| (1) | Relevant securities owned | ||||||||||
| and/or controlled: | 3,785,539 | 0.85% | 2,746,591 | 0.62% | |||||||
| (2) | Cash-settled derivatives: | ||||||||||
| 806,523 | 0.18% | 2,002,590 | 0.45% | ||||||||
| (3) | Stock-settled derivatives (including options) | ||||||||||
| and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| (4) | |||||||||||
| TOTAL: | 4,592,062 | 1.03% | 4,749,181 | 1.07% | |||||||
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
(b) Rights to subscribe for new securities (including directors’ and other employee options)
| Class of relevant security in relation to which subscription right exists: | |
| Details, including nature of the rights concerned and relevant percentages: |
3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
| Class of relevant | Purchase/sale | Number of | Price per unit | ||||
| security | securities | ||||||
| 0.01p ordinary | Purchase | 700 | 3.3350 GBP | ||||
| 0.01p ordinary | Purchase | 1,069 | 3.3320 GBP | ||||
| 0.01p ordinary | Purchase | 1,152 | 3.3017 GBP | ||||
| 0.01p ordinary | Purchase | 1,241 | 3.3169 GBP | ||||
| 0.01p ordinary | Purchase | 1,274 | 3.3019 GBP | ||||
| 0.01p ordinary | Purchase | 2,215 | 3.3251 GBP | ||||
| 0.01p ordinary | Purchase | 2,537 | 3.2927 GBP | ||||
| 0.01p ordinary | Purchase | 2,593 | 3.3152 GBP | ||||
| 0.01p ordinary | Purchase | 3,609 | 3.3192 GBP | ||||
| 0.01p ordinary | Purchase | 10,064 | 3.3134 GBP | ||||
| 0.01p ordinary | Purchase | 29,400 | 3.3049 GBP | ||||
| 0.01p ordinary | Purchase | 31,834 | 3.3260 GBP | ||||
| 0.01p ordinary | Purchase | 45,861 | 3.2940 GBP | ||||
| 0.01p ordinary | Purchase | 56,321 | 3.3086 GBP | ||||
| 0.01p ordinary | Purchase | 59,326 | 3.3108 GBP | ||||
| 0.01p ordinary | Purchase | 98,219 | 3.3146 GBP | ||||
| 0.01p ordinary | Purchase | 212,309 | 3.3109 GBP | ||||
| 0.01p ordinary | Sale | 430 | 3.3270 GBP | ||||
| 0.01p ordinary | Sale | 1,282 | 3.3176 GBP | ||||
| 0.01p ordinary | Sale | 2,215 | 3.3255 GBP | ||||
| 0.01p ordinary | Sale | 2,833 | 3.2738 GBP | ||||
| 0.01p ordinary | Sale | 3,783 | 3.3273 GBP | ||||
| 0.01p ordinary | Sale | 4,374 | 3.3140 GBP | ||||
| 0.01p ordinary | Sale | 25,367 | 3.3252 GBP | ||||
| 0.01p ordinary | Sale | 28,758 | 3.3091 GBP | ||||
| 0.01p ordinary | Sale | 34,363 | 3.3154 GBP | ||||
| 0.01p ordinary | Sale | 58,338 | 3.3125 GBP | ||||
| 0.01p ordinary | Sale | 79,349 | 3.3141 GBP | ||||
| 0.01p ordinary | Sale | 92,984 | 3.2952 GBP | ||||
| 0.01p ordinary | Sale | 152,000 | 3.2940 GBP | ||||
| 0.01p ordinary | Sale | 180,678 | 3.3086 GBP |
(b) Cash-settled derivative transactions
| Class of | Product | Nature of dealing | Number of | Price per | |||||
| relevant | description | reference | unit | ||||||
| security | securities | ||||||||
| 0.01p ordinary | SWAP | Long | 10,366 | 3.3234 GBP | |||||
| 0.01p ordinary | CFD | Long | 34,363 | 3.3154 GBP | |||||
| 0.01p ordinary | SWAP | Long | 42,974 | 3.3086 GBP | |||||
| 0.01p ordinary | CFD | Long | 58,338 | 3.3125 GBP | |||||
| 0.01p ordinary | CFD | Long | 65,218 | 3.3045 GBP | |||||
| 0.01p ordinary | SWAP | Long | 91,327 | 3.3097 GBP | |||||
| 0.01p ordinary | CFD | Long | 92,984 | 3.2952 GBP | |||||
| 0.01p ordinary | SWAP | Long | 183,939 | 3.3140 GBP | |||||
| 0.01p ordinary | CFD | Short | 1,152 | 3.3017 GBP | |||||
| 0.01p ordinary | CFD | Short | 1,274 | 3.3019 GBP | |||||
| 0.01p ordinary | CFD | Short | 2,537 | 3.2927 GBP | |||||
| 0.01p ordinary | SWAP | Short | 5,753 | 3.3113 GBP | |||||
| 0.01p ordinary | SWAP | Short | 5,995 | 3.3065 GBP | |||||
| 0.01p ordinary | CFD | Short | 12,500 | 3.3349 GBP | |||||
| 0.01p ordinary | CFD | Short | 15,666 | 3.3203 GBP | |||||
| 0.01p ordinary | CFD | Short | 18,275 | 3.3023 GBP | |||||
| 0.01p ordinary | CFD | Short | 25,385 | 3.3111 GBP | |||||
| 0.01p ordinary | CFD | Short | 29,400 | 3.3049 GBP | |||||
| 0.01p ordinary | CFD | Short | 31,834 | 3.3260 GBP | |||||
| 0.01p ordinary | CFD | Short | 75,683 | 3.3142 GBP | |||||
| 0.01p ordinary | SWAP | Short | 96,559 | 3.3069 GBP | |||||
| 0.01p ordinary | SWAP | Short | 101,605 | 3.3118 GBP | |||||
| 0.01p ordinary | SWAP | Short | 182,522 | 3.3140 GBP |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
| Class of relevant security | Product description e.g. call option | Writing, purchasing, selling, varying etc. | Number of securities to which option relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
(ii) Exercise
| Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
(d) Other dealings (including subscribing for new securities)
| Class of relevant security | Nature of dealing e.g. subscription, conversion | Details | Price per unit (if applicable) |
4. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
| Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person 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, state “none” |
| None |
(b) Agreements, arrangements or understandings relating to options or derivatives
| Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state “none” |
| None |
(c) Attachments
| Is a Supplemental Form 8 (Open Positions) attached? | NO | |
| Date of disclosure: | 11 May 2018 | |
| Contact name: | ELISE TANG | |
| Telephone number: | 0207 1163001 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180511005289/en/
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