28th Aug 2018 07:00
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: | Morgan Stanley & Co. International plc |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | CYBG plc |
(c) Name of the party to the offer with which exempt principal trader is connected:
| CYBG plc |
(d) Date dealing undertaken: | 24 AUGUST 2018 |
(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer? | Yes - Virgin Money Holdings UK 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 |
CDI | PURCHASES | 6,482 | 5.9573 AUD | 5.9400 AUD |
CDI | SALES | 6,482 | 5.9750 AUD | 5.9350 AUD |
10p ordinary | PURCHASES | 210,036 | 3.3940 GBP | 3.3610 GBP |
10p ordinary | SALES | 182,602 | 3.3860 GBP | 3.3720 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 |
10p ordinary | CFD | LONG | 2,604 | 3.3610 GBP |
10p ordinary | CFD | LONG | 12,844 | 3.3610 GBP |
10p ordinary | CFD | LONG | 1,400 | 3.3610 GBP |
10p ordinary | CFD | LONG | 897 | 3.3740 GBP |
10p ordinary | CFD | LONG | 13,442 | 3.3770 GBP |
10p ordinary | CFD | LONG | 8,668 | 3.3789 GBP |
10p ordinary | CFD | LONG | 54,161 | 3.3790 GBP |
10p ordinary | CFD | LONG | 43,365 | 3.3797 GBP |
10p ordinary | CFD | LONG | 23,350 | 3.3798 GBP |
10p ordinary | CFD | LONG | 72,031 | 3.3839 GBP |
10p ordinary | CFD | LONG | 4,600 | 3.3842 GBP |
10p ordinary | CFD | LONG | 327 | 3.3900 GBP |
10p ordinary | CFD | SHORT | 710 | 3.3610 GBP |
10p ordinary | CFD | SHORT | 12,302 | 3.3610 GBP |
10p ordinary | CFD | SHORT | 374 | 3.3610 GBP |
10p ordinary | CFD | SHORT | 3,462 | 3.3610 GBP |
10p ordinary | CFD | SHORT | 418 | 3.3610 GBP |
10p ordinary | CFD | SHORT | 726 | 3.3740 GBP |
10p ordinary | CFD | SHORT | 54 | 3.3740 GBP |
10p ordinary | CFD | SHORT | 5 | 3.3740 GBP |
10p ordinary | CFD | SHORT | 103 | 3.3740 GBP |
10p ordinary | CFD | SHORT | 9 | 3.3740 GBP |
10p ordinary | CFD | SHORT | 2 | 3.3750 GBP |
10p ordinary | CFD | SHORT | 3 | 3.3766 GBP |
10p ordinary | CFD | SHORT | 7 | 3.3771 GBP |
10p ordinary | CFD | SHORT | 33 | 3.3772 GBP |
10p ordinary | CFD | SHORT | 75 | 3.3773 GBP |
10p ordinary | CFD | SHORT | 80 | 3.3773 GBP |
10p ordinary | CFD | SHORT | 7,283 | 3.3775 GBP |
10p ordinary | CFD | SHORT | 5,600 | 3.3775 GBP |
10p ordinary | CFD | SHORT | 36 | 3.3777 GBP |
10p ordinary | CFD | SHORT | 9 | 3.3777 GBP |
10p ordinary | CFD | SHORT | 66 | 3.3778 GBP |
10p ordinary | CFD | SHORT | 38 | 3.3778 GBP |
10p ordinary | CFD | SHORT | 60 | 3.3780 GBP |
10p ordinary | CFD | SHORT | 5 | 3.3780 GBP |
10p ordinary | CFD | SHORT | 6 | 3.3783 GBP |
10p ordinary | CFD | SHORT | 189 | 3.3784 GBP |
10p ordinary | CFD | SHORT | 177 | 3.3784 GBP |
10p ordinary | CFD | SHORT | 17,201 | 3.3790 GBP |
10p ordinary | CFD | SHORT | 1,455 | 3.3790 GBP |
10p ordinary | CFD | SHORT | 32,790 | 3.3790 GBP |
10p ordinary | CFD | SHORT | 2,715 | 3.3790 GBP |
10p ordinary | CFD | SHORT | 1,076 | 3.3797 GBP |
10p ordinary | CFD | SHORT | 1 | 3.3800 GBP |
10p ordinary | CFD | SHORT | 2,000 | 3.3800 GBP |
10p ordinary | CFD | SHORT | 3,017 | 3.3800 GBP |
10p ordinary | CFD | SHORT | 2,822 | 3.3800 GBP |
10p ordinary | CFD | SHORT | 30,947 | 3.3808 GBP |
10p ordinary | CFD | SHORT | 2,801 | 3.3811 GBP |
10p ordinary | CFD | SHORT | 2,994 | 3.3811 GBP |
10p ordinary | CFD | SHORT | 8,699 | 3.3813 GBP |
10p ordinary | CFD | SHORT | 8,134 | 3.3813 GBP |
10p ordinary | CFD | SHORT | 123 | 3.3816 GBP |
10p ordinary | CFD | SHORT | 232 | 3.3816 GBP |
10p ordinary | CFD | SHORT | 1,463 | 3.3816 GBP |
10p ordinary | CFD | SHORT | 2,791 | 3.3816 GBP |
10p ordinary | CFD | SHORT | 84 | 3.3816 GBP |
10p ordinary | CFD | SHORT | 359 | 3.3816 GBP |
10p ordinary | CFD | SHORT | 182 | 3.3817 GBP |
10p ordinary | CFD | SHORT | 16,914 | 3.3820 GBP |
10p ordinary | CFD | SHORT | 2,367 | 3.3822 GBP |
10p ordinary | CFD | SHORT | 17,319 | 3.3823 GBP |
10p ordinary | CFD | SHORT | 26 | 3.3830 GBP |
10p ordinary | CFD | SHORT | 104 | 3.3830 GBP |
10p ordinary | CFD | SHORT | 482 | 3.3830 GBP |
10p ordinary | CFD | SHORT | 769 | 3.3830 GBP |
10p ordinary | CFD | SHORT | 403 | 3.3831 GBP |
10p ordinary | CFD | SHORT | 451 | 3.3831 GBP |
10p ordinary | CFD | SHORT | 170 | 3.3831 GBP |
10p ordinary | CFD | SHORT | 64 | 3.3831 GBP |
10p ordinary | CFD | SHORT | 34 | 3.3832 GBP |
10p ordinary | CFD | SHORT | 4,247 | 3.3833 GBP |
10p ordinary | CFD | SHORT | 8,095 | 3.3833 GBP |
10p ordinary | CFD | SHORT | 668 | 3.3833 GBP |
10p ordinary | CFD | SHORT | 353 | 3.3834 GBP |
10p ordinary | CFD | SHORT | 1,036 | 3.3835 GBP |
10p ordinary | CFD | SHORT | 268 | 3.3835 GBP |
10p ordinary | CFD | SHORT | 32 | 3.3862 GBP |
10p ordinary | CFD | SHORT | 40 | 3.3862 GBP |
10p ordinary | CFD | SHORT | 192 | 3.3863 GBP |
10p ordinary | CFD | SHORT | 511 | 3.3863 GBP |
10p ordinary | CFD | SHORT | 873 | 3.3863 GBP |
10p ordinary | CFD | SHORT | 117 | 3.3863 GBP |
10p ordinary | CFD | SHORT | 547 | 3.3863 GBP |
10p ordinary | CFD | SHORT | 458 | 3.3863 GBP |
10p ordinary | CFD | SHORT | 72 | 3.3863 GBP |
10p ordinary | CFD | SHORT | 484 | 3.3894 GBP |
10p ordinary | CFD | SHORT | 924 | 3.3894 GBP |
10p ordinary | CFD | SHORT | 77 | 3.3894 GBP |
10p ordinary | CFD | SHORT | 40 | 3.3897 GBP |
10p ordinary | CFD | SHORT | 327 | 3.3900 GBP |
10p ordinary | CFD | SHORT | 327 | 3.3900 GBP |
10p ordinary | CFD | SHORT | 30 | 3.3933 GBP |
10p ordinary | CFD | LONG | 1,346,902 | 3.3840 GBP |
10p ordinary | CFD | LONG | 7,281 | 3.3840 GBP |
10p ordinary | CFD | SHORT | 5,136 | 3.3840 GBP |
10p ordinary | CFD | SHORT | 1,341,661 | 3.3840 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 |
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Number of securities | Exercise price per unit |
N/A | N/A | N/A | N/A |
(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) |
N/A | N/A | N/A | N/A |
The currency of all prices and other monetary amounts should be stated.
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.
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: 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: | 28 AUGUST 2018 |
| Contact name: | Craig Horsley |
| Telephone number: | +44(141) 245 7736 |
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 dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
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