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:

04 Apr 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:

17,818,112

1.37%

8,505,449

0.66%

(2) Cash-settled derivatives:

2,032,707

0.16%

17,138,152

1.32%

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

0

0.00%

0

0.00%

TOTAL: 

19,850,819

1.53%

25,643,601

1.98%

(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

184,171

2.1595 GBP

10p ordinary

Purchase

83,700

2.1594 GBP

10p ordinary

Purchase

36,189

2.1591 GBP

10p ordinary

Purchase

35,936

2.1578 GBP

10p ordinary

Purchase

32,983

2.1600 GBP

10p ordinary

Purchase

27,531

2.1597 GBP

10p ordinary

Purchase

26,688

2.1580 GBP

10p ordinary

Purchase

24,268

2.1590 GBP

10p ordinary

Purchase

22,515

2.1601 GBP

10p ordinary

Purchase

18,307

2.1587 GBP

10p ordinary

Purchase

14,589

2.1574 GBP

10p ordinary

Purchase

12,752

2.1572 GBP

10p ordinary

Purchase

12,662

2.1589 GBP

10p ordinary

Purchase

5,560

2.1575 GBP

10p ordinary

Purchase

4,224

2.1582 GBP

10p ordinary

Purchase

3,876

2.1552 GBP

10p ordinary

Purchase

2,755

2.1568 GBP

ADR

Purchase

1,700

4.1600 AUD

10p ordinary

Purchase

1,696

2.1570 GBP

10p ordinary

Purchase

442

2.1569 GBP

10p ordinary

Sale

125,181

2.1580 GBP

10p ordinary

Sale

79,447

2.1590 GBP

ADR

Sale

59,692

4.1601 AUD

10p ordinary

Sale

53,620

2.1601 GBP

10p ordinary

Sale

7,827

2.1599 GBP

10p ordinary

Sale

2,840

2.1563 GBP

10p ordinary

Sale

2,276

2.1589 GBP

10p ordinary

Sale

1,774

2.1600 GBP

10p ordinary

Sale

1,356

2.1562 GBP

ADR

Sale

469

4.1546 AUD

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

10p ordinary

SWAP

Decreasing Long

908

2.1570 GBP

10p ordinary

SWAP

Decreasing Long

1,700

4.1604 AUD

10p ordinary

SWAP

Decreasing Long

2,217

2.1588 GBP

10p ordinary

SWAP

Decreasing Long

3,407

2.1600 GBP

10p ordinary

SWAP

Decreasing Long

18,307

2.1587 GBP

10p ordinary

SWAP

Decreasing Long

22,515

2.1601 GBP

10p ordinary

SWAP

Decreasing Short

36

2.1581 GBP

10p ordinary

SWAP

Decreasing Short

95

2.1579 GBP

10p ordinary

SWAP

Decreasing Short

205

2.1580 GBP

10p ordinary

SWAP

Decreasing Short

469

4.1546 AUD

10p ordinary

SWAP

Decreasing Short

1,356

2.1562 GBP

10p ordinary

CFD

Decreasing Short

1,774

2.1600 GBP

10p ordinary

SWAP

Decreasing Short

7,486

2.1573 GBP

10p ordinary

SWAP

Decreasing Short

9,871

4.1606 AUD

10p ordinary

SWAP

Decreasing Short

17,469

2.1597 GBP

10p ordinary

SWAP

Decreasing Short

120,584

2.1580 GBP

10p ordinary

SWAP

Increasing Long

3,300

4.1595 AUD

10p ordinary

SWAP

Increasing Short

1,651

2.1580 GBP

10p ordinary

SWAP

Increasing Short

1,800

2.1599 GBP

10p ordinary

SWAP

Increasing Short

2,755

2.1568 GBP

10p ordinary

SWAP

Increasing Short

4,224

2.1582 GBP

10p ordinary

SWAP

Increasing Short

13,014

2.1589 GBP

10p ordinary

SWAP

Increasing Short

24,717

2.1589 GBP

10p ordinary

SWAP

Increasing Short

25,037

2.1580 GBP

10p ordinary

SWAP

Increasing Short

25,145

2.1574 GBP

10p ordinary

SWAP

Increasing Short

72,887

2.1600 GBP

10p ordinary

SWAP

Increasing Short

88,858

2.1600 GBP

10p ordinary

SWAP

Increasing Short

90,387

2.1581 GBP

10p ordinary

SWAP

Opening Short

4,925

2.1580 GBP

10p ordinary

SWAP

Opening Short

7,078

2.1601 GBP

(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:

05 Apr 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213