9th May 2018 11:28
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: | 08 MAY 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 | 5,351,037 | 3.4490 GBP | 3.2420 GBP |
0.01p ordinary | SALES | 4,896,985 | 3.4410 GBP | 3.2360 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 | 750 | 3.2823 GBP |
0.01p ordinary | CFD | LONG | 11,397 | 3.3020 GBP |
0.01p ordinary | CFD | LONG | 70,000 | 3.3427 GBP |
0.01p ordinary | CFD | LONG | 155,000 | 3.3588 GBP |
0.01p ordinary | CFD | LONG | 74,212 | 3.3780 GBP |
0.01p ordinary | CFD | LONG | 522 | 3.3784 GBP |
0.01p ordinary | CFD | LONG | 155 | 3.3784 GBP |
0.01p ordinary | CFD | LONG | 60 | 3.3784 GBP |
0.01p ordinary | CFD | LONG | 45,900 | 3.3831 GBP |
0.01p ordinary | CFD | LONG | 175,000 | 3.3844 GBP |
0.01p ordinary | CFD | LONG | 6,267 | 3.3849 GBP |
0.01p ordinary | CFD | LONG | 588 | 3.3849 GBP |
0.01p ordinary | CFD | LONG | 1,381 | 3.3849 GBP |
0.01p ordinary | CFD | LONG | 1,213 | 3.3863 GBP |
0.01p ordinary | CFD | LONG | 449 | 3.3863 GBP |
0.01p ordinary | CFD | LONG | 35 | 3.3863 GBP |
0.01p ordinary | CFD | LONG | 2,576 | 3.3887 GBP |
0.01p ordinary | CFD | LONG | 6,046 | 3.3889 GBP |
0.01p ordinary | CFD | LONG | 149,773 | 3.3895 GBP |
0.01p ordinary | CFD | LONG | 1,811 | 3.3899 GBP |
0.01p ordinary | CFD | LONG | 3,973 | 3.3899 GBP |
0.01p ordinary | CFD | LONG | 18,962 | 3.3899 GBP |
0.01p ordinary | CFD | LONG | 3,642 | 3.3905 GBP |
0.01p ordinary | CFD | LONG | 1,378 | 3.3923 GBP |
0.01p ordinary | CFD | LONG | 2,575 | 3.3925 GBP |
0.01p ordinary | CFD | LONG | 5,783 | 3.3928 GBP |
0.01p ordinary | CFD | LONG | 130,493 | 3.3955 GBP |
0.01p ordinary | CFD | LONG | 13,435 | 3.3963 GBP |
0.01p ordinary | CFD | LONG | 16,115 | 3.3963 GBP |
0.01p ordinary | CFD | LONG | 7,545 | 3.3963 GBP |
0.01p ordinary | CFD | LONG | 889 | 3.3964 GBP |
0.01p ordinary | CFD | LONG | 874 | 3.3964 GBP |
0.01p ordinary | CFD | LONG | 6,011 | 3.3964 GBP |
0.01p ordinary | CFD | LONG | 1,555 | 3.3967 GBP |
0.01p ordinary | CFD | LONG | 2,833 | 3.3971 GBP |
0.01p ordinary | CFD | LONG | 23,863 | 3.3981 GBP |
0.01p ordinary | CFD | LONG | 30,000 | 3.4000 GBP |
0.01p ordinary | CFD | LONG | 6,000 | 3.4005 GBP |
0.01p ordinary | CFD | LONG | 6,000 | 3.4040 GBP |
0.01p ordinary | CFD | LONG | 4,601 | 3.4148 GBP |
0.01p ordinary | CFD | LONG | 5,000 | 3.4167 GBP |
0.01p ordinary | CFD | LONG | 6,000 | 3.4228 GBP |
0.01p ordinary | CFD | LONG | 5,000 | 3.4240 GBP |
0.01p ordinary | CFD | LONG | 15,000 | 3.4240 GBP |
0.01p ordinary | CFD | LONG | 12,000 | 3.4350 GBP |
0.01p ordinary | CFD | SHORT | 35,634 | 3.2897 GBP |
0.01p ordinary | CFD | SHORT | 12,000 | 3.3330 GBP |
0.01p ordinary | CFD | SHORT | 16,696 | 3.3492 GBP |
0.01p ordinary | CFD | SHORT | 90,960 | 3.3755 GBP |
0.01p ordinary | CFD | SHORT | 4,548 | 3.3814 GBP |
0.01p ordinary | CFD | SHORT | 377 | 3.3814 GBP |
0.01p ordinary | CFD | SHORT | 7,500 | 3.3863 GBP |
0.01p ordinary | CFD | SHORT | 50,000 | 3.3864 GBP |
0.01p ordinary | CFD | SHORT | 151,655 | 3.3893 GBP |
0.01p ordinary | CFD | SHORT | 321 | 3.3894 GBP |
0.01p ordinary | CFD | SHORT | 500 | 3.3930 GBP |
0.01p ordinary | CFD | SHORT | 208,606 | 3.3940 GBP |
0.01p ordinary | CFD | SHORT | 250,877 | 3.3940 GBP |
0.01p ordinary | CFD | SHORT | 10,156 | 3.3944 GBP |
0.01p ordinary | CFD | SHORT | 1,882 | 3.3952 GBP |
0.01p ordinary | CFD | SHORT | 137,700 | 3.3952 GBP |
0.01p ordinary | CFD | SHORT | 305,446 | 3.4136 GBP |
0.01p ordinary | CFD | SHORT | 23,863 | 3.4330 GBP |
0.01p ordinary | CFD | LONG | 59,924 | 3.4330 GBP |
0.01p ordinary | CFD | SHORT | 35,411 | 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 |
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: | 09 MAY 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