14th Mar 2024 11:41
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: | 13 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
| 1434298 | 2.11016 GBP | 2.09199 GBP |
10p ordinary | Sell
| 1325173 | 2.11000 GBP | 2.09189 GBP |
CDI
| Buy | 1659446 | 4.07000 AUD | 4.03000 AUD |
CDI
| Sell | 1659446 | 4.07000 AUD | 4.03000 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 | 3765 | 2.105753 GBP |
10p ordinary | CFD
| Long | 230020 | 2.092 GBP |
10p ordinary | CFD
| Long | 9602 | 2.09197385 GBP |
10p ordinary | CFD
| Long | 9835 | 2.09308083375699 GBP |
10p ordinary | CFD
| Long | 22431 | 2.10066459 GBP |
10p ordinary | CFD
| Long | 5843 | 2.091895 GBP |
10p ordinary | CFD
| Long | 4073 | 2.10154923 GBP |
10p ordinary | CFD
| Long | 50000 | 2.0979894 GBP |
10p ordinary | CFD
| Long | 136 | 2.10383824 GBP |
10p ordinary | CFD
| Long | 46042 | 2.098345 GBP |
10p ordinary | CFD
| Long | 5294 | 2.10327918398187 GBP |
10p ordinary | CFD
| Long | 742 | 2.10222372 GBP |
10p ordinary | CFD
| Long | 50000 | 2.106224 GBP |
10p ordinary | CFD
| Long | 53963 | 2.103086 GBP |
10p ordinary | CFD
| Long | 50000 | 2.105155 GBP |
10p ordinary | CFD
| Long | 50000 | 2.1053 GBP |
10p ordinary | CFD
| Long | 50000 | 2.105931 GBP |
10p ordinary | CFD
| Long | 50000 | 2.105398 GBP |
10p ordinary | CFD
| Long | 150000 | 2.103696 GBP |
10p ordinary | CFD
| Long | 6600 | 2.102 GBP |
10p ordinary | CFD
| Long | 10619 | 2.10354 GBP |
10p ordinary | CFD
| Long | 1207 | 2.10800331400166 GBP |
10p ordinary | CFD
| Long | 1 | 2.106 GBP |
10p ordinary | CFD
| Long | 124362 | 2.1054 GBP |
10p ordinary | CFD
| Long | 1389 | 2.09222678 GBP |
10p ordinary | CFD
| Long | 9737 | 2.09871000100031 GBP |
10p ordinary | CFD
| Long | 6086 | 2.101875 GBP |
10p ordinary | CFD
| Short | 880 | 2.099798 GBP |
10p ordinary | CFD
| Short | 6936 | 2.105251 GBP |
10p ordinary | CFD
| Short | 365084 | 2.092 GBP |
10p ordinary | CFD
| Short | 867 | 2.09199538638985 GBP |
10p ordinary | CFD
| Short | 1 | 2.1055 GBP |
10p ordinary | CFD
| Short | 3013 | 2.10599734483903 GBP |
10p ordinary | CFD
| Short | 1007 | 2.099662 GBP |
10p ordinary | CFD
| Short | 3825 | 2.104885 GBP |
10p ordinary | CFD
| Short | 28795 | 2.105559 GBP |
10p ordinary | CFD
| Short | 11517 | 2.104437 GBP |
10p ordinary | CFD
| Short | 4464 | 2.104603 GBP |
10p ordinary | CFD
| Short | 8052 | 2.09202615 GBP |
10p ordinary | CFD
| Short | 347 | 2.1039308 GBP |
10p ordinary | CFD
| Short | 3009 | 2.11016052 GBP |
10p ordinary | CFD
| Short | 734610 | 0.0 AUD |
10p ordinary | CFD
| Short | 7046 | 2.106008 GBP |
10p ordinary | CFD
| Short | 8230 | 2.101599 GBP |
10p ordinary | CFD
| Short | 1613 | 2.105558 GBP |
10p ordinary | CFD
| Short | 3683 | 2.09200001 GBP |
10p ordinary | CFD
| Short | 11552 | 2.105331 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: | 14 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