6th Aug 2024 11:44
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: | 05 August 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
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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
| 11139964 | 2.14627 GBP | 2.12250 GBP |
10p ordinary | Sell
| 7298635 | 2.14700 GBP | 2.13364 GBP |
CDI | Buy
| 3277309 | 4.21000 AUD | 4.18000 AUD |
CDI | Sell | 3277309 | 4.21000 AUD | 4.18000 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 | 88624 | 2.14469775 GBP |
10p ordinary | CFD
| Long | 106892 | 2.144113 GBP |
10p ordinary | CFD
| Long | 14022 | 2.14637505540936 GBP |
10p ordinary | CFD
| Long | 70027 | 2.14256035529153 GBP |
10p ordinary | CFD
| Long | 14711 | 2.14542750388213 GBP |
10p ordinary | CFD
| Long | 4890 | 2.14472617586912 GBP |
10p ordinary | CFD
| Long | 16833 | 2.14497118754827 GBP |
10p ordinary | CFD
| Long | 17351 | 2.14157166733906 GBP |
10p ordinary | CFD
| Long | 437667 | 2.144 GBP |
10p ordinary | CFD
| Long | 5019 | 2.14414744 GBP |
10p ordinary | CFD
| Short | 4841 | 2.14202678 GBP |
10p ordinary | CFD
| Short | 130946 | 2.142 GBP |
10p ordinary | CFD
| Short | 899281 | 2.14303075 GBP |
10p ordinary | CFD
| Short | 666617 | 2.14446353 GBP |
10p ordinary | CFD
| Short | 75309 | 2.14424644 GBP |
10p ordinary | CFD
| Short | 31928 | 2.14616769 GBP |
10p ordinary | CFD
| Short | 2089700 | 2.1443216 GBP |
10p ordinary | CFD
| Short | 732889 | 2.14729459 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: | 06 August 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