14th Sep 2018 10:31
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 | CYBG 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: | 13 September 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 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 |
10p ordinary | Purchases | 455,196 | 3.3770 GBP | 3.3520 GBP |
10p ordinary | Sales | 999,542 | 3.4000 GBP | 3.3591 GBP |
Class of relevant security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
DR | Purchases | 216,570 | 6.1223 AUD | 6.1134 AUD |
DR | Sales | 218,862 | 6.1300 AUD | 6.1134 AUD |
(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 | Reducing a short position | 2 | 3.3560 GBP |
10p ordinary | CFD | Opening a long position | 424,375 | 3.3591 GBP |
10p ordinary | CFD | Increasing a short position | 29,313 | 3.3603 GBP |
10p ordinary | CFD | Increasing a short position | 12 | 3.3608 GBP |
10p ordinary | CFD | Increasing a short position | 1,979 | 3.3614 GBP |
10p ordinary | CFD | Increasing a short position | 4,193 | 3.3616 GBP |
10p ordinary | CFD | Increasing a short position | 570 | 3.3616 GBP |
10p ordinary | CFD | Increasing a short position | 10 | 3.3616 GBP |
10p ordinary | CFD | Increasing a short position | 29 | 3.3618 GBP |
10p ordinary | CFD | Increasing a short position | 30,274 | 3.3636 GBP |
10p ordinary | CFD | Opening a short position | 75,539 | 3.3637 GBP |
10p ordinary | CFD | Reducing a long position | 128,960 | 3.3637 GBP |
10p ordinary | CFD | Reducing a long position | 6,726 | 3.3640 GBP |
10p ordinary | CFD | Increasing a long position | 1 | 3.3640 GBP |
10p ordinary | CFD | Opening a long position | 299,500 | 3.3703 GBP |
10p ordinary | CFD | Reducing a short position | 295 | 3.4000 GBP |
10p ordinary | SWAP | Opening a long position | 125,000 | 6.1331 AUD |
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 |
DR | CFD | Increasing a short position | 61 | 6.1000 AUD |
DR | CFD | Increasing a short position | 942 | 6.1000 AUD |
DR | CFD | Reducing a short position | 11,582 | 6.1200 AUD |
DR | CFD | Reducing a long position | 52,899 | 6.1204 AUD |
DR | SWAP | Increasing a long position | 942 | 6.1000 AUD |
DR | SWAP | Increasing a long position | 61 | 6.1000 AUD |
DR | SWAP | Reducing a long position | 11,582 | 6.1200 AUD |
DR | SWAP | Reducing a short position | 52,899 | 6.1204 AUD |
DR | SWAP | Opening a long position | 5,688 | 6.1500 AUD |
DR | SWAP | Reducing a long position | 573 | 6.1500 AUD |
DR | SWAP | Reducing a long position | 153,778 | 6.1500 AUD |
DR | SWAP | Opening a long position | 5,688 | 6.1500 AUD |
DR | SWAP | Opening a long position | 2 | 6.1500 AUD |
DR | SWAP | Reducing a long position | 6 | 6.1500 AUD |
DR | SWAP | Opening a short position | 8,929 | 6.1500 AUD |
DR | SWAP | Opening a long position | 6 | 6.1500 AUD |
DR | SWAP | Reducing a short position | 8,929 | 6.1500 AUD |
DR | SWAP | Reducing a long position | 79,521 | 6.1500 AUD |
DR | SWAP | Reducing a long position | 79,521 | 6.1500 AUD |
DR | SWAP | Reducing a short position | 8,929 | 6.1500 AUD |
DR | SWAP | Opening a long position | 153,778 | 6.1500 AUD |
DR | SWAP | Reducing a long position | 153,778 | 6.1500 AUD |
DR | SWAP | Reducing a long position | 2 | 6.1500 AUD |
DR | SWAP | Reducing a long position | 6 | 6.1500 AUD |
DR | SWAP | Opening a long position | 2 | 6.1500 AUD |
DR | SWAP | Opening a short position | 2 | 6.1500 AUD |
DR | SWAP | Opening a short position | 8,929 | 6.1500 AUD |
DR | SWAP | Reducing a long position | 5,688 | 6.1500 AUD |
DR | SWAP | Reducing a short position | 2 | 6.1500 AUD |
DR | SWAP | Opening a short position | 2 | 6.1500 AUD |
DR | SWAP | Reducing a short position | 2 | 6.1500 AUD |
DR | SWAP | Opening a long position | 573 | 6.1500 AUD |
DR | SWAP | Opening a long position | 79,521 | 6.1500 AUD |
DR | SWAP | Opening a long position | 6 | 6.1500 AUD |
DR | SWAP | Reducing a long position | 2 | 6.1500 AUD |
DR | SWAP | Reducing a long position | 573 | 6.1500 AUD |
DR | SWAP | Opening a long position | 153,778 | 6.1500 AUD |
DR | SWAP | Opening a long position | 573 | 6.1500 AUD |
DR | SWAP | Reducing a long position | 5,688 | 6.1500 AUD |
DR | SWAP | Opening a long position | 79,521 | 6.1500 AUD |
(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: | 14 September 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.
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