11th Mar 2024 11:58
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: | Virgin Money UK plc |
(d) Date dealing undertaken: | 08 March 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
| 4664082 | 4.16465 GBP | 2.11500 GBP |
10p ordinary | Sell
| 7868073 | 2.14000 GBP | 2.11399 GBP |
CDI
| Buy | 4504113 | 4.09000 AUD | 4.07000 AUD |
CDI
| Sell
| 4504113 | 4.16465 AUD | 4.07000 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 | 45936 | 2.137 GBP |
10p ordinary | CFD
| Long | 1 | 2.1265 GBP |
10p ordinary | CFD
| Long | 62317 | 2.135587 GBP |
10p ordinary | CFD
| Long | 7 | 2.137143 GBP |
10p ordinary | CFD
| Long | 119810 | 2.12249128 GBP |
10p ordinary | CFD
| Long | 97843 | 2.12682165 GBP |
10p ordinary | CFD
| Long | 27342 | 2.1308262 GBP |
10p ordinary | CFD
| Long | 25469 | 2.126996 GBP |
10p ordinary | CFD
| Long | 2763 | 2.135915 GBP |
10p ordinary | CFD
| Long | 15144 | 2.130397 GBP |
10p ordinary | CFD
| Long | 700 | 2.1304926394 GBP |
10p ordinary | CFD
| Long | 180744 | 2.14 GBP |
10p ordinary | CFD
| Long | 4122 | 2.133924 GBP |
10p ordinary | CFD
| Long | 949 | 2.133668 GBP |
10p ordinary | CFD
| Long | 1132 | 2.138242 GBP |
10p ordinary | CFD
| Long | 529 | 2.137078 GBP |
10p ordinary | CFD
| Long | 3627 | 2.136587 GBP |
10p ordinary | CFD
| Long | 148519 | 2.12826137 GBP |
10p ordinary | CFD
| Long | 42205 | 2.12 GBP |
10p ordinary | CFD
| Long | 1866 | 2.1215 GBP |
10p ordinary | CFD
| Long | 712 | 2.1275 GBP |
10p ordinary | CFD
| Long | 331901 | 2.126943 GBP |
10p ordinary | CFD
| Long | 3600 | 2.135 GBP |
10p ordinary | CFD
| Long | 2163 | 2.133 GBP |
10p ordinary | CFD
| Long | 2393 | 2.124 GBP |
10p ordinary | CFD
| Long | 12577 | 2.123 GBP |
10p ordinary | CFD
| Long | 3792 | 2.132 GBP |
10p ordinary | CFD
| Long | 12515 | 2.121 GBP |
10p ordinary | CFD
| Long | 146037 | 2.125987 GBP |
10p ordinary | CFD
| Long | 150000 | 2.127175 GBP |
10p ordinary | CFD
| Long | 200000 | 2.123965 GBP |
10p ordinary | CFD
| Long | 300000 | 2.1366726 GBP |
10p ordinary | CFD
| Long | 1000000 | 4.12628238 AUD |
10p ordinary | CFD
| Long | 250000 | 4.1303895 AUD |
10p ordinary | CFD
| Long | 250000 | 4.14131079 AUD |
10p ordinary | CFD
| Long | 2021 | 2.13570312 GBP |
10p ordinary | CFD
| Long | 2746 | 2.13699927166788 GBP |
10p ordinary | CFD
| Long | 38 | 2.13742105 GBP |
10p ordinary | CFD
| Long | 286365 | 2.13700008 GBP |
10p ordinary | CFD
| Long | 2934 | 2.127 GBP |
10p ordinary | CFD
| Long | 3256 | 2.114 GBP |
10p ordinary | CFD
| Long | 1330 | 2.115 GBP |
10p ordinary | CFD
| Long | 8416 | 2.119 GBP |
10p ordinary | CFD
| Long | 3360 | 2.117 GBP |
10p ordinary | CFD
| Long | 1359 | 2.125 GBP |
10p ordinary | CFD
| Long | 1894 | 2.116 GBP |
10p ordinary | CFD
| Long | 3450 | 2.1195 GBP |
10p ordinary | CFD
| Short | 8 | 2.123 GBP |
10p ordinary | CFD
| Short | 29893 | 2.13708875 GBP |
10p ordinary | CFD
| Short | 3952 | 2.1366336 GBP |
10p ordinary | CFD
| Short | 9387 | 2.13168318 GBP |
10p ordinary | CFD
| Short | 2118 | 2.13702671 GBP |
10p ordinary | CFD
| Short | 9603 | 2.137 GBP |
10p ordinary | CFD
| Short | 7986 | 2.136816 GBP |
10p ordinary | CFD
| Short | 137907 | 2.134517 GBP |
10p ordinary | CFD
| Short | 51437 | 2.137009 GBP |
10p ordinary | CFD
| Short | 100000 | 2.142075 GBP |
10p ordinary | CFD
| Short | 46117 | 2.1187 GBP |
10p ordinary | CFD
| Short | 220 | 2.132 GBP |
10p ordinary | CFD
| Short | 27130 | 2.126927 GBP |
10p ordinary | CFD
| Short | 11376 | 2.1308243 GBP |
10p ordinary | CFD
| Short | 55000 | 2.124881 GBP |
10p ordinary | CFD
| Short | 9300 | 2.12961827956989 GBP |
10p ordinary | CFD
| Short | 44113 | 2.137107 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: | 11 March 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