27th Jun 2018 11:23
FORM 8.5 (EPT/RI)
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Name of exempt principal trader: | (GS) GOLDMAN SACHS INTERNATIONAL |
(b) 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 |
(c) Name of the party to the offer with which exempt principal trader is connected: | VIRGIN MONEY HOLDINGS (UK) PLC |
(d) Date dealing undertaken: | 26 June 2018 |
(e) In addition to the company in 1(b) above, is the exempt principal trader 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 - disclosed previously for CYBG PLC |
2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(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 security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
0.01p ordinary | Purchases | 451,362 | 3.7170 GBP | 3.6330 GBP |
0.01p ordinary | Sales | 301,377 | 3.6860 GBP | 3.6450 GBP |
(b) Cash-settled derivative transactions
Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit |
0.01p ordinary | CFD | Reducing a long position | 90 | 3.6369 GBP |
0.01p ordinary | CFD | Reducing a long position | 10 | 3.6369 GBP |
0.01p ordinary | CFD | Reducing a long position | 55 | 3.6369 GBP |
0.01p ordinary | CFD | Reducing a long position | 36 | 3.6369 GBP |
0.01p ordinary | CFD | Reducing a long position | 15 | 3.6369 GBP |
0.01p ordinary | CFD | Reducing a long position | 264 | 3.6423 GBP |
0.01p ordinary | CFD | Reducing a long position | 20 | 3.6423 GBP |
0.01p ordinary | CFD | Reducing a long position | 110 | 3.6423 GBP |
0.01p ordinary | CFD | Reducing a long position | 107 | 3.6423 GBP |
0.01p ordinary | CFD | Reducing a long position | 45 | 3.6423 GBP |
0.01p ordinary | CFD | Reducing a long position | 12,442 | 3.6435 GBP |
0.01p ordinary | CFD | Reducing a long position | 5,020 | 3.6435 GBP |
0.01p ordinary | CFD | Reducing a long position | 2,160 | 3.6435 GBP |
0.01p ordinary | CFD | Reducing a long position | 1,197 | 3.6436 GBP |
0.01p ordinary | CFD | Reducing a long position | 7,748 | 3.6436 GBP |
0.01p ordinary | CFD | Reducing a short position | 1,610 | 3.6460 GBP |
0.01p ordinary | CFD | Reducing a long position | 724 | 3.6460 GBP |
0.01p ordinary | CFD | Reducing a long position | 90 | 3.6462 GBP |
0.01p ordinary | CFD | Reducing a long position | 599 | 3.6479 GBP |
0.01p ordinary | CFD | Reducing a long position | 78 | 3.6511 GBP |
0.01p ordinary | CFD | Reducing a long position | 533 | 3.6516 GBP |
0.01p ordinary | CFD | Reducing a long position | 1,641 | 3.6569 GBP |
0.01p ordinary | CFD | Reducing a long position | 284 | 3.6570 GBP |
0.01p ordinary | CFD | Reducing a long position | 661 | 3.6571 GBP |
0.01p ordinary | CFD | Reducing a long position | 1,181 | 3.6649 GBP |
0.01p ordinary | CFD | Reducing a long position | 286 | 3.6652 GBP |
0.01p ordinary | CFD | Reducing a long position | 666 | 3.6654 GBP |
0.01p ordinary | CFD | Reducing a long position | 1,657 | 3.6655 GBP |
0.01p ordinary | CFD | Reducing a long position | 174 | 3.6656 GBP |
0.01p ordinary | CFD | Reducing a long position | 1,254 | 3.6656 GBP |
0.01p ordinary | CFD | Reducing a long position | 314 | 3.6662 GBP |
0.01p ordinary | CFD | Reducing a long position | 181 | 3.6664 GBP |
0.01p ordinary | CFD | Reducing a long position | 623 | 3.6671 GBP |
0.01p ordinary | CFD | Reducing a long position | 1,451 | 3.6672 GBP |
0.01p ordinary | CFD | Reducing a long position | 646 | 3.6672 GBP |
0.01p ordinary | CFD | Reducing a long position | 3,600 | 3.6672 GBP |
0.01p ordinary | CFD | Reducing a long position | 1,502 | 3.6673 GBP |
0.01p ordinary | CFD | Reducing a long position | 3,720 | 3.6673 GBP |
0.01p ordinary | CFD | Reducing a long position | 585 | 3.6689 GBP |
0.01p ordinary | CFD | Reducing a long position | 27 | 3.6689 GBP |
0.01p ordinary | CFD | Reducing a long position | 180 | 3.6689 GBP |
0.01p ordinary | CFD | Reducing a long position | 238 | 3.6689 GBP |
0.01p ordinary | CFD | Reducing a long position | 103 | 3.6689 GBP |
0.01p ordinary | CFD | Increasing a short position | 115,840 | 3.6774 GBP |
0.01p ordinary | CFD | Increasing a short position | 44,160 | 3.6774 GBP |
0.01p ordinary | CFD | Reducing a long position | 5 | 3.6962 GBP |
0.01p ordinary | CFD | Reducing a long position | 1 | 3.6962 GBP |
0.01p ordinary | CFD | Reducing a long position | 1 | 3.6962 GBP |
0.01p ordinary | SWAP | Reducing a long position | 7,500 | 3.6445 GBP |
0.01p ordinary | SWAP | Opening a long position | 67,906 | 3.6460 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) |
|
3. 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 exempt principal trader 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 exempt principal trader 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
|
| Date of disclosure: | 27 June 2018 |
| Contact name: | Kashif Rafiq and Papa Lette |
| Telephone number: | +44(20) 7051 0547 / +44(20) 7774 7442 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]. 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.
Related Shares:
Virgin Money Holdings