15th Mar 2024 10:38
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 connected to UBS |
(d) Date dealing undertaken: | 14 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" | YES
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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
| 1297138 | 2.11015 GBP | 2.09600 GBP |
10p ordinary | Sell
| 604571 | 2.10500 GBP | 2.09600 GBP |
CDI | Buy
| 1004692 | 4.05000 AUD | 4.04000 AUD |
CDI | Sell
| 1004692 | 4.05000 AUD | 4.04000 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 | 1508 | 2.101 GBP |
10p ordinary | CFD
| Long | 4964 | 2.0990809 GBP |
10p ordinary | CFD
| Long | 1320 | 2.10090151 GBP |
10p ordinary | CFD
| Long | 1516 | 2.1007 GBP |
10p ordinary | CFD
| Long | 6094 | 2.09999508 GBP |
10p ordinary | CFD
| Long | 16309 | 2.100591 GBP |
10p ordinary | CFD
| Long | 34595 | 2.100014 GBP |
10p ordinary | CFD
| Long | 27137 | 2.10138034 GBP |
10p ordinary | CFD
| Long | 2252 | 2.099694 GBP |
10p ordinary | CFD
| Long | 3092 | 2.100402 GBP |
10p ordinary | CFD
| Long | 1021 | 2.09937316 GBP |
10p ordinary | CFD
| Long | 432 | 2.1005 GBP |
10p ordinary | CFD
| Long | 1 | 2.1 GBP |
10p ordinary | CFD
| Long | 6572 | 2.100161 GBP |
10p ordinary | CFD
| Long | 4283 | 2.09851167 GBP |
10p ordinary | CFD
| Long | 23547 | 2.099536 GBP |
10p ordinary | CFD
| Short | 1382 | 2.09708683 GBP |
10p ordinary | CFD
| Short | 194803 | 2.101 GBP |
10p ordinary | CFD
| Short | 1624 | 2.0996609 GBP |
10p ordinary | CFD
| Short | 5365 | 2.101001 GBP |
10p ordinary | CFD
| Short | 19108 | 2.10102626 GBP |
10p ordinary | CFD
| Short | 5471 | 2.100899 GBP |
10p ordinary | CFD
| Short | 5314 | 2.100728 GBP |
10p ordinary | CFD
| Short | 964 | 2.0985 GBP |
10p ordinary | CFD
| Short | 118156 | 2.0991 GBP |
10p ordinary | CFD
| Short | 8868 | 2.10075778 GBP |
10p ordinary | CFD
| Short | 16916 | 2.10116694253961 GBP |
10p ordinary | CFD
| Short | 4259 | 2.0995 GBP |
10p ordinary | CFD
| Short | 18731 | 2.100555 GBP |
10p ordinary | CFD
| Short | 143384 | 2.101053 GBP |
10p ordinary | CFD
| Short | 162 | 2.10104938271605 GBP |
10p ordinary | CFD
| Short | 776 | 2.100799 GBP |
10p ordinary | CFD
| Short | 733 | 2.099994 GBP |
10p ordinary | CFD
| Short | 182544 | 2.103101 GBP |
10p ordinary | CFD
| Short | 27198 | 2.10015 GBP |
10p ordinary | CFD
| Short | 1506 | 2.101535 GBP |
10p ordinary | CFD
| Short | 192 | 2.11017708 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: | 15 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