20th Jun 2018 15:24
AMENDMENT Section (2a & 2b)
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 | Virgin Money Holdings (UK) plc |
(c) Name of the party to the offer with which exempt principal trader is connected:
| CYBG plc |
(d) Date dealing undertaken: | 18 JUNE 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 - 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 | 3,916,526 | 3.6300 GBP | 3.4390 GBP |
0.01p ordinary | SALES | 3,494,084 | 3.6310 GBP | 3.4360 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 | LONG | 2,095 | 3.4684 GBP |
0.01p ordinary | CFD | LONG | 2,811 | 3.4730 GBP |
0.01p ordinary | CFD | LONG | 23,036 | 3.4797 GBP |
0.01p ordinary | CFD | LONG | 498 | 3.4816 GBP |
0.01p ordinary | CFD | LONG | 3,500 | 3.4845 GBP |
0.01p ordinary | CFD | LONG | 1,300 | 3.4845 GBP |
0.01p ordinary | CFD | LONG | 3,300 | 3.4845 GBP |
0.01p ordinary | CFD | LONG | 158,248 | 3.4925 GBP |
0.01p ordinary | CFD | LONG | 191,957 | 3.5101 GBP |
0.01p ordinary | CFD | LONG | 714 | 3.5101 GBP |
0.01p ordinary | CFD | LONG | 460 | 3.5161 GBP |
0.01p ordinary | CFD | LONG | 136,276 | 3.5161 GBP |
0.01p ordinary | CFD | LONG | 558,895 | 3.5235 GBP |
0.01p ordinary | CFD | LONG | 2,000 | 3.5925 GBP |
0.01p ordinary | CFD | LONG | 2,000 | 3.5950 GBP |
0.01p ordinary | CFD | SHORT | 123,711 | 3.4563 GBP |
0.01p ordinary | CFD | SHORT | 25,000 | 3.4588 GBP |
0.01p ordinary | CFD | SHORT | 10 | 3.4600 GBP |
0.01p ordinary | CFD | SHORT | 46,143 | 3.4625 GBP |
0.01p ordinary | CFD | SHORT | 6,106 | 3.4679 GBP |
0.01p ordinary | CFD | SHORT | 35,000 | 3.4685 GBP |
0.01p ordinary | CFD | SHORT | 96,657 | 3.4724 GBP |
0.01p ordinary | CFD | SHORT | 26,045 | 3.4724 GBP |
0.01p ordinary | CFD | SHORT | 70,612 | 3.4724 GBP |
0.01p ordinary | CFD | SHORT | 114,686 | 3.4730 GBP |
0.01p ordinary | CFD | SHORT | 3,743 | 3.4730 GBP |
0.01p ordinary | CFD | SHORT | 2,811 | 3.4730 GBP |
0.01p ordinary | CFD | SHORT | 714 | 3.4730 GBP |
0.01p ordinary | CFD | SHORT | 498 | 3.4730 GBP |
0.01p ordinary | CFD | SHORT | 2,450 | 3.4737 GBP |
0.01p ordinary | CFD | SHORT | 3,259 | 3.4737 GBP |
0.01p ordinary | CFD | SHORT | 18,977 | 3.4737 GBP |
0.01p ordinary | CFD | SHORT | 37,854 | 3.4737 GBP |
0.01p ordinary | CFD | SHORT | 102,408 | 3.4737 GBP |
0.01p ordinary | CFD | SHORT | 9,195 | 3.4926 GBP |
0.01p ordinary | CFD | SHORT | 168,470 | 3.4966 GBP |
0.01p ordinary | CFD | SHORT | 126,054 | 3.5165 GBP |
0.01p ordinary | CFD | SHORT | 10,682 | 3.5165 GBP |
0.01p ordinary | CFD | SHORT | 2,000 | 3.5460 GBP |
0.01p ordinary | CFD | SHORT | 35,237 | 3.5478 GBP |
0.01p ordinary | CFD | SHORT | 104,763 | 3.5478 GBP |
0.01p ordinary | CFD | SHORT | 2,797 | 3.5510 GBP |
0.01p ordinary | CFD | SHORT | 36,000 | 3.6289 GBP |
0.01p ordinary | CFD | SHORT | 24,000 | 3.6289 GBP |
0.01p ordinary | CFD | LONG | 20,880 | 3.4730 GBP |
0.01p ordinary | CFD | LONG | 41,206 | 3.4730 GBP |
0.01p ordinary | CFD | LONG | 41,206 | 3.4730 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: | 20 JUNE 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.
Related Shares:
Virgin Money Holdings