Form 8.5 (EPT/RI) - Amendment - VIRGIN MONEY UK

GoldmanSachs International

08 April 2024

 

Amendment - due to the amendment of Derivatives transactions, the disclosure made on 11 March for dealings on 08 March has been updated. Section 2(b) has been updated.

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:	(GS) GOLDMAN SACHS INTERNATIONAL
(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 the offer?      If it is a cash offer or possible cash offer, state "N/A"	N/A

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	Purchases	3,440,078	2.1683 GBP	2.1120 GBP
10p ordinary	Sales	1,587,963	2.1390 GBP	2.1120 GBP

Class of relevant security	Purchases/ sales	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
CDI	Purchases	151,815	4.0800 AUD	4.0773 AUD
CDI	Sales	151,815	4.1000 AUD	4.0767 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	Reducing a long position	11,646	2.1204 GBP
10p ordinary	CFD	Increasing a short position	114,903	2.1206 GBP
10p ordinary	CFD	Increasing a short position	237,142	2.1215 GBP
10p ordinary	CFD	Reducing a short position	300,831	2.1220 GBP
10p ordinary	CFD	Opening a long position	39,133	2.1220 GBP
10p ordinary	CFD	Increasing a short position	151,646	2.1223 GBP
10p ordinary	CFD	Increasing a short position	182,611	2.1224 GBP
10p ordinary	CFD	Reducing a long position	19,494	2.1225 GBP
10p ordinary	CFD	Opening a short position	165,743	2.1231 GBP
10p ordinary	CFD	Increasing a long position	17,929	2.1242 GBP
10p ordinary	CFD	Reducing a short position	110,000	2.1253 GBP
10p ordinary	CFD	Opening a short position	50,416	2.1255 GBP
10p ordinary	CFD	Increasing a short position	54,205	2.1255 GBP
10p ordinary	CFD	Opening a short position	60,597	2.1255 GBP
10p ordinary	CFD	Increasing a short position	100,832	2.1260 GBP
10p ordinary	CFD	Increasing a short position	121,194	2.1260 GBP
10p ordinary	CFD	Opening a short position	108,410	2.1260 GBP
10p ordinary	CFD	Reducing a long position	115,812	2.1281 GBP
10p ordinary	CFD	Opening a short position	707,315	2.1302 GBP
10p ordinary	CFD	Reducing a long position	451	2.1318 GBP
10p ordinary	CFD	Reducing a long position	560	2.1328 GBP
10p ordinary	CFD	Increasing a long position	21,402	2.1343 GBP
10p ordinary	CFD	Reducing a short position	1,562	2.1354 GBP
10p ordinary	CFD	Reducing a short position	57,439	2.1357 GBP
10p ordinary	CFD	Reducing a long position	280	2.1358 GBP
10p ordinary	CFD	Reducing a short position	2,184	2.1366 GBP
10p ordinary	CFD	Opening a long position	158,009	2.1368 GBP
10p ordinary	CFD	Reducing a short position	9,869	2.1368 GBP
10p ordinary	CFD	Reducing a short position	18,206	2.1368 GBP
10p ordinary	CFD	Increasing a short position	40,819	2.1668 GBP
10p ordinary	CFD	Increasing a short position	39,159	2.1668 GBP
10p ordinary	CFD	Increasing a short position	18,471	2.1668 GBP
10p ordinary	CFD	Increasing a short position	7,389	2.1668 GBP
10p ordinary	CFD	Increasing a short position	60,245	2.1668 GBP
10p ordinary	CFD	Increasing a short position	24,578	2.1683 GBP
10p ordinary	CFD	Increasing a short position	23,578	2.1683 GBP
10p ordinary	CFD	Increasing a short position	11,122	2.1683 GBP
10p ordinary	CFD	Increasing a short position	4,449	2.1683 GBP
10p ordinary	CFD	Increasing a short position	36,273	2.1683 GBP

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
DR	CFD	Reducing a short position	56,448	3.0700 AUD
DR	CFD	Reducing a short position	924	3.0700 AUD
DR	CFD	Reducing a long position	924	3.0700 AUD
DR	CFD	Reducing a short position	14,000	3.0700 AUD
DR	CFD	Reducing a long position	333,417	3.0700 AUD
DR	CFD	Reducing a long position	333,417	3.0700 AUD
DR	CFD	Opening a long position	924	3.0700 AUD
DR	CFD	Reducing a long position	56,448	3.0700 AUD
DR	CFD	Opening a long position	333,417	3.0700 AUD
DR	CFD	Reducing a long position	924	3.0700 AUD
DR	CFD	Reducing a long position	14,000	3.0700 AUD
DR	CFD	Reducing a short position	333,417	3.0700 AUD
DR	CFD	Reducing a short position	14,000	4.0750 AUD
DR	CFD	Reducing a long position	42,287	4.0751 AUD
DR	CFD	Opening a long position	333,417	4.0758 AUD
DR	CFD	Opening a long position	56,448	4.0758 AUD
DR	CFD	Reducing a long position	333,417	4.0763 AUD
DR	CFD	Opening a short position	14,000	4.0774 AUD
DR	CFD	Reducing a long position	14,161	4.0779 AUD
DR	CFD	Reducing a long position	924	4.0790 AUD
DR	CFD	Opening a long position	924	4.0790 AUD
DR	CFD	Reducing a short position	118	4.0892 AUD
DR	CFD	Reducing a short position	95	4.0892 AUD
DR	CFD	Increasing a long position	529	4.0894 AUD
DR	CFD	Increasing a short position	529	4.0900 AUD
DR	CFD	Reducing a long position	213	4.0900 AUD

(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

(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)

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

(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:	08 April 2024
Contact name:	Papa Lette and Andrzej Szyszka
Telephone number:	[phone] / [phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END