Form 8.3 - VIRGIN MONEY UK PLC

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 interest and short positions disclosed, if different from 1(a):

(c)

Name of offeror/offeree in relation to whose relevant securities this form relates:

VIRGIN MONEY 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:

28 May 2024

(f)

In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

NO

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(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:

10p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

21,528,045

1.66%

7,340,440

0.57%

(2) Cash-settled derivatives:

1,464,905

0.11%

20,994,822

1.62%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

22,992,950

1.77%

28,335,262

2.19%

(b)

Rights to subscribe for new securities (including directors and other executive 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

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

10p ordinary

Purchase

377,464

2.1299 GBP

10p ordinary

Purchase

121,868

2.1282 GBP

10p ordinary

Purchase

43,186

2.1280 GBP

10p ordinary

Purchase

27,363

2.1337 GBP

10p ordinary

Purchase

14,214

2.1300 GBP

10p ordinary

Purchase

10,813

2.1307 GBP

10p ordinary

Purchase

8,411

2.1294 GBP

10p ordinary

Purchase

6,816

2.1301 GBP

10p ordinary

Purchase

3,119

2.1311 GBP

10p ordinary

Purchase

1,880

2.1302 GBP

10p ordinary

Purchase

964

2.1320 GBP

10p ordinary

Purchase

573

2.1297 GBP

10p ordinary

Sale

445,127

2.1300 GBP

10p ordinary

Sale

207,275

2.1280 GBP

10p ordinary

Sale

141,962

2.1287 GBP

10p ordinary

Sale

37,738

2.1281 GBP

10p ordinary

Sale

11,974

2.1307 GBP

10p ordinary

Sale

10,803

2.1283 GBP

10p ordinary

Sale

3,097

2.1320 GBP

10p ordinary

Sale

2,858

2.1291 GBP

10p ordinary

Sale

2,427

2.1296 GBP

10p ordinary

Sale

2,392

2.1290 GBP

10p ordinary

Sale

2,106

2.1310 GBP

10p ordinary

Sale

1,786

2.1305 GBP

10p ordinary

Sale

1,738

2.1318 GBP

10p ordinary

Sale

627

2.1295 GBP

10p ordinary

Sale

1,715

2.1273 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

10p ordinary

SWAP

Closing Short

680

2.1280 GBP

10p ordinary

SWAP

Closing Short

681

2.1300 GBP

10p ordinary

SWAP

Decreasing Long

6,816

2.1301 GBP

10p ordinary

SWAP

Decreasing Short

22

2.1260 GBP

10p ordinary

SWAP

Decreasing Short

213

2.1320 GBP

10p ordinary

SWAP

Decreasing Short

627

2.1295 GBP

10p ordinary

SWAP

Decreasing Short

1,786

2.1305 GBP

10p ordinary

SWAP

Decreasing Short

7,268

2.1280 GBP

10p ordinary

SWAP

Decreasing Short

12,751

2.1283 GBP

10p ordinary

SWAP

Decreasing Short

33,835

2.1300 GBP

10p ordinary

SWAP

Decreasing Short

48,211

2.1301 GBP

10p ordinary

SWAP

Decreasing Short

141,962

2.1287 GBP

10p ordinary

SWAP

Increasing Long

1,516

2.1278 GBP

10p ordinary

SWAP

Increasing Short

964

2.1320 GBP

10p ordinary

SWAP

Increasing Short

2,475

2.1289 GBP

10p ordinary

SWAP

Increasing Short

2,475

2.1288 GBP

10p ordinary

SWAP

Increasing Short

2,505

2.1300 GBP

10p ordinary

CFD

Increasing Short

4,569

2.1301 GBP

10p ordinary

SWAP

Increasing Short

10,813

2.1307 GBP

10p ordinary

SWAP

Increasing Short

12,058

2.1303 GBP

10p ordinary

SWAP

Increasing Short

27,363

2.1338 GBP

10p ordinary

SWAP

Increasing Short

47,632

2.1280 GBP

10p ordinary

SWAP

Increasing Short

61,110

2.1280 GBP

10p ordinary

SWAP

Opening Long

14,293

2.1292 GBP

CDI

CFD

Decreasing Long

118,651

4.0800 AUD

CDI

CFD

Increasing Long

118,651

4.0800 AUD

NB: The below transactions which were previously disclosed have been cancelled

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

CDI

CFD

Long

118,651

4.0800 AUD

CDI

CFD

Short

118,651

4.0800 AUD

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class of relevant security

Product description

Writing, purchasing, selling, varying etc

Number of securities to which option relates

Exercise price per unit

Type

Expiry date

Option money paid/ received per unit

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings 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:

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 of future acquisition or disposal of any relevant securities to which any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

29 May 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213