4th Apr 2024 11:26
This announcement replaces the previous RNS announcement 1787J released at 11:55 on the 3rd April 2024. Amendments to sections 2a and 2b. All other information remains unchanged.
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: | UBS Investment Bank, London |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Virgin Money UK plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Nationwide Building Society |
(d) Date dealing undertaken: | 02 April 2024 |
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this 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 |
10p ordinary | Buy
| 1792524 | 2.18200 GBP | 2.14600 GBP |
10p ordinary | Sell
| 2857452 | 4.18202 AUD | 2.15200 GBP |
CDI | Buy
| 1937059 | 4.13023 AUD | 4.10833 AUD |
CDI | Sell
| 1937059 | 4.13023 AUD | 4.10833 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
| Long | 6716 | 2.15300029779631 GBP |
10p ordinary | CFD
| Long | 1864 | 2.16875536 GBP |
10p ordinary | CFD
| Long | 426855 | 2.172474 GBP |
10p ordinary | CFD
| Long | 3862 | 2.15199896426722 GBP |
10p ordinary | CFD
| Long | 60546 | 2.162 GBP |
10p ordinary | CFD
| Long | 34666 | 2.164576 GBP |
10p ordinary | CFD
| Long | 671974 | 2.163045 GBP |
10p ordinary | CFD
| Long | 513 | 2.164133 GBP |
10p ordinary | CFD
| Long | 17875 | 2.172081 GBP |
10p ordinary | CFD
| Long | 23059 | 2.1730353 GBP |
10p ordinary | CFD
| Long | 9061 | 2.17102527 GBP |
10p ordinary | CFD
| Short | 1307 | 2.165813 GBP |
10p ordinary | CFD
| Short | 36806 | 2.162 GBP |
10p ordinary | CFD
| Short | 31 | 2.15193548387097 GBP |
10p ordinary | CFD
| Short | 37 | 2.15810810810811 GBP |
10p ordinary | CFD
| Short | 35 | 2.164 GBP |
10p ordinary | CFD
| Short | 327 | 2.165838 GBP |
10p ordinary | CFD
| Short | 235 | 2.167428 GBP |
10p ordinary | CFD
| Short | 63 | 2.158216 GBP |
10p ordinary | CFD
| Short | 38 | 2.161317 GBP |
10p ordinary | CFD
| Short | 17620 | 2.16296538024972 GBP |
10p ordinary | CFD
| Short | 51126 | 2.1620027 GBP |
10p ordinary | CFD
| Short | 34 | 2.166 GBP |
10p ordinary | CFD
| Short | 29 | 2.15206896551724 GBP |
10p ordinary | CFD
| Short | 4374 | 2.164336 GBP |
10p ordinary | CFD
| Short | 4879 | 2.165841 GBP |
10p ordinary | CFD
| Short | 524 | 2.16406488549618 GBP |
10p ordinary | CFD
| Short | 551 | 2.15822141560799 GBP |
10p ordinary | CFD
| Short | 853 | 2.15300117233294 GBP |
10p ordinary | CFD
| Short | 458 | 2.15200873362445 GBP |
10p ordinary | CFD
| Short | 5863 | 2.15300017056115 GBP |
10p ordinary | CFD
| Short | 3344 | 2.15200059808612 GBP |
10p ordinary | CFD
| Short | 39060 | 2.1659331797235 GBP |
10p ordinary | CFD
| Short | 375 | 2.166053 GBP |
10p ordinary | CFD
| Short | 1420 | 2.162106 GBP |
10p ordinary | CFD
| Short | 11462 | 2.16604399560024 GBP |
10p ordinary | CFD
| Short | 3507 | 2.167849 GBP |
10p ordinary | CFD
| Short | 12608 | 2.168799 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 |
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(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) |
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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
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(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: | 04 April 2024 |
| Contact name: | Richard Howard |
| Telephone number: | +44 (0)207 568 9128 |
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 Uk