24th May 2018 16:23
Amendment - due to the amendment of Equity and Derivative transactions, the disclosure made on 09 May for dealings on 08 May has been updated. Sections 2(a) and 2(b) have been updated.
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: | 08 May 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" | NO |
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 | 6,451,437 | 3.4350 GBP | 3.2420 GBP |
0.01p ordinary | Sales | 3,664,750 | 3.4450 GBP | 3.2810 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 | Increasing a short position | 300,616 | 3.3083 GBP |
0.01p ordinary | CFD | Increasing a long position | 36 | 3.3167 GBP |
0.01p ordinary | CFD | Increasing a long position | 217 | 3.3167 GBP |
0.01p ordinary | CFD | Increasing a long position | 85 | 3.3167 GBP |
0.01p ordinary | CFD | Increasing a short position | 143,386 | 3.3192 GBP |
0.01p ordinary | CFD | Increasing a long position | 46,766 | 3.3409 GBP |
0.01p ordinary | CFD | Increasing a long position | 18,399 | 3.3409 GBP |
0.01p ordinary | CFD | Increasing a long position | 7,868 | 3.3409 GBP |
0.01p ordinary | CFD | Increasing a long position | 1,067 | 3.3601 GBP |
0.01p ordinary | CFD | Increasing a long position | 420 | 3.3602 GBP |
0.01p ordinary | CFD | Increasing a long position | 179 | 3.3604 GBP |
0.01p ordinary | CFD | Increasing a long position | 999 | 3.3721 GBP |
0.01p ordinary | CFD | Increasing a long position | 392 | 3.3721 GBP |
0.01p ordinary | CFD | Increasing a long position | 169 | 3.3724 GBP |
0.01p ordinary | CFD | Reducing a long position | 688,324 | 3.3762 GBP |
0.01p ordinary | CFD | Reducing a long position | 116 | 3.3785 GBP |
0.01p ordinary | CFD | Reducing a long position | 281 | 3.3792 GBP |
0.01p ordinary | CFD | Reducing a long position | 3,357 | 3.3799 GBP |
0.01p ordinary | CFD | Reducing a long position | 1,742 | 3.3800 GBP |
0.01p ordinary | CFD | Reducing a long position | 10 | 3.3801 GBP |
0.01p ordinary | CFD | Increasing a long position | 1,292 | 3.3810 GBP |
0.01p ordinary | CFD | Reducing a short position | 2,073 | 3.3811 GBP |
0.01p ordinary | CFD | Increasing a long position | 3,025 | 3.3811 GBP |
0.01p ordinary | CFD | Increasing a long position | 7,694 | 3.3811 GBP |
0.01p ordinary | CFD | Increasing a long position | 2 | 3.3820 GBP |
0.01p ordinary | CFD | Reducing a long position | 16 | 3.3820 GBP |
0.01p ordinary | CFD | Reducing a long position | 9 | 3.3820 GBP |
0.01p ordinary | CFD | Reducing a long position | 1 | 3.3820 GBP |
0.01p ordinary | CFD | Increasing a long position | 10 | 3.3820 GBP |
0.01p ordinary | CFD | Increasing a long position | 12 | 3.3820 GBP |
0.01p ordinary | CFD | Increasing a long position | 5 | 3.3820 GBP |
0.01p ordinary | CFD | Reducing a long position | 3 | 3.3820 GBP |
0.01p ordinary | CFD | Increasing a long position | 101 | 3.3855 GBP |
0.01p ordinary | CFD | Increasing a long position | 604 | 3.3855 GBP |
0.01p ordinary | CFD | Increasing a long position | 238 | 3.3855 GBP |
0.01p ordinary | CFD | Increasing a long position | 108 | 3.3856 GBP |
0.01p ordinary | CFD | Increasing a long position | 643 | 3.3856 GBP |
0.01p ordinary | CFD | Increasing a long position | 255 | 3.3856 GBP |
0.01p ordinary | CFD | Opening a short position | 13,024 | 3.3863 GBP |
0.01p ordinary | CFD | Opening a short position | 25,306 | 3.3863 GBP |
0.01p ordinary | CFD | Increasing a short position | 231,069 | 3.3885 GBP |
0.01p ordinary | CFD | Increasing a short position | 118,931 | 3.3885 GBP |
0.01p ordinary | CFD | Increasing a long position | 82 | 3.3887 GBP |
0.01p ordinary | CFD | Increasing a long position | 490 | 3.3887 GBP |
0.01p ordinary | CFD | Increasing a long position | 193 | 3.3887 GBP |
0.01p ordinary | CFD | Increasing a long position | 5,649 | 3.3890 GBP |
0.01p ordinary | CFD | Increasing a long position | 952 | 3.3890 GBP |
0.01p ordinary | CFD | Increasing a long position | 2,222 | 3.3890 GBP |
0.01p ordinary | CFD | Reducing a long position | 5,564 | 3.3905 GBP |
0.01p ordinary | CFD | Reducing a long position | 2,888 | 3.3905 GBP |
0.01p ordinary | CFD | Reducing a long position | 194 | 3.3905 GBP |
0.01p ordinary | CFD | Reducing a long position | 465 | 3.3905 GBP |
0.01p ordinary | CFD | Reducing a short position | 551 | 3.3905 GBP |
0.01p ordinary | CFD | Reducing a long position | 1,250 | 3.3914 GBP |
0.01p ordinary | CFD | Reducing a long position | 523 | 3.3915 GBP |
0.01p ordinary | CFD | Reducing a long position | 138 | 3.3932 GBP |
0.01p ordinary | CFD | Reducing a long position | 7,758 | 3.3932 GBP |
0.01p ordinary | CFD | Reducing a long position | 14,946 | 3.3932 GBP |
0.01p ordinary | CFD | Reducing a long position | 23,766 | 3.3940 GBP |
0.01p ordinary | CFD | Reducing a long position | 4,167 | 3.3971 GBP |
0.01p ordinary | CFD | Reducing a long position | 2,163 | 3.3972 GBP |
0.01p ordinary | CFD | Reducing a long position | 5,788 | 3.3972 GBP |
0.01p ordinary | CFD | Reducing a long position | 145 | 3.3986 GBP |
0.01p ordinary | CFD | Reducing a long position | 224 | 3.3988 GBP |
0.01p ordinary | CFD | Reducing a long position | 275 | 3.4009 GBP |
0.01p ordinary | CFD | Reducing a long position | 7,895 | 3.4009 GBP |
0.01p ordinary | CFD | Reducing a long position | 4,084 | 3.4009 GBP |
0.01p ordinary | CFD | Reducing a long position | 1,985 | 3.4009 GBP |
0.01p ordinary | CFD | Reducing a long position | 660 | 3.4009 GBP |
0.01p ordinary | CFD | Reducing a long position | 1,919 | 3.4012 GBP |
0.01p ordinary | CFD | Reducing a long position | 4,984 | 3.4014 GBP |
0.01p ordinary | CFD | Reducing a long position | 61,085 | 3.4016 GBP |
0.01p ordinary | CFD | Reducing a long position | 31,799 | 3.4016 GBP |
0.01p ordinary | CFD | Reducing a long position | 50,133 | 3.4016 GBP |
0.01p ordinary | CFD | Reducing a long position | 503 | 3.4025 GBP |
0.01p ordinary | CFD | Reducing a long position | 75 | 3.4025 GBP |
0.01p ordinary | CFD | Reducing a long position | 1,687 | 3.4025 GBP |
0.01p ordinary | CFD | Reducing a long position | 1,468 | 3.4025 GBP |
0.01p ordinary | CFD | Reducing a long position | 31,280 | 3.4034 GBP |
0.01p ordinary | CFD | Reducing a long position | 15,854 | 3.4034 GBP |
0.01p ordinary | CFD | Reducing a long position | 17,027 | 3.4034 GBP |
0.01p ordinary | CFD | Reducing a long position | 1,070 | 3.4034 GBP |
0.01p ordinary | CFD | Reducing a long position | 2,551 | 3.4034 GBP |
0.01p ordinary | CFD | Opening a short position | 216,537 | 3.4066 GBP |
0.01p ordinary | CFD | Reducing a long position | 1,302 | 3.4067 GBP |
0.01p ordinary | CFD | Reducing a long position | 77,722 | 3.4101 GBP |
0.01p ordinary | CFD | Reducing a long position | 12,795 | 3.4128 GBP |
0.01p ordinary | CFD | Reducing a long position | 36,014 | 3.4128 GBP |
0.01p ordinary | CFD | Reducing a long position | 36,913 | 3.4128 GBP |
0.01p ordinary | CFD | Reducing a long position | 34,967 | 3.4128 GBP |
0.01p ordinary | CFD | Reducing a long position | 30,952 | 3.4128 GBP |
0.01p ordinary | CFD | Opening a long position | 12,479 | 3.4152 GBP |
0.01p ordinary | CFD | Increasing a long position | 2,739 | 3.4152 GBP |
0.01p ordinary | CFD | Opening a long position | 6,743 | 3.4161 GBP |
0.01p ordinary | CFD | Reducing a long position | 94,208 | 3.4278 GBP |
0.01p ordinary | CFD | Reducing a long position | 376 | 3.4303 GBP |
0.01p ordinary | CFD | Increasing a long position | 822 | 3.4330 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: | 24 May 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