Form 8.5 (EPT/RI) - Virgin Money Plc - Amendment

UBS AG (EPT)
08 April 2024
 

This announcement replaces the previous RNS announcement 3590L released at 11:44 on the 26th March 2024. Amendments to sections 2a and 2b. All other information remains unchanged.

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:

            25 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

 

1903803

2.13300        GBP

2.12950        GBP

10p ordinary

Sell

 

1842145

2.13888        GBP

2.12935        GBP

CDI

Buy

 

3293794

4.10030

AUD

3.97070

AUD

CDI

Sell

 

3293794

4.10030

AUD

3.97070

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

470983

2.131        GBP

10p ordinary

CFD

 

Long

31800

2.1388805        GBP

10p ordinary

CFD

 

Long

2884

2.131127        GBP

10p ordinary

CFD

 

Long

1000

2.1315        GBP

10p ordinary

CFD

 

Long

2549

2.13091000100039        GBP

10p ordinary

CFD

 

Long

5393

2.13060300030039        GBP

10p ordinary

CFD

 

Long

19735

2.1312283        GBP

10p ordinary

CFD

 

Long

19093

2.131136        GBP

10p ordinary

CFD

 

Long

1218

2.133        GBP

10p ordinary

CFD

 

Long

15257

2.13116055        GBP

10p ordinary

CFD

 

Long

250000

2.1313        GBP

10p ordinary

CFD

 

Long

250000

2.1301        GBP

10p ordinary

CFD

 

Long

175975

2.129662        GBP

10p ordinary

CFD

 

Long

147985

2.1307        GBP

10p ordinary

CFD

 

Short

250000

2.13010   GBP

10p ordinary

CFD

 

Long

250000

2.12700    GBP

10p ordinary

CFD

 

Short

33047

2.13091288        GBP

10p ordinary

CFD

 

Short

7423

2.130532        GBP

10p ordinary

CFD

 

Short

486764

2.131        GBP

10p ordinary

CFD

 

Short

22325

2.13132362821948        GBP

10p ordinary

CFD

 

Short

35906

2.13133        GBP

10p ordinary

CFD

 

Short

180

2.13205555555556        GBP

10p ordinary

CFD

 

Short

2248

2.1310409252669        GBP

10p ordinary

CFD

 

Short

252

2.13095238095238        GBP

10p ordinary

CFD

 

Short

246008

2.131241        GBP

10p ordinary

CFD

 

Short

30714

2.131879        GBP

10p ordinary

CFD

 

Short

1411

2.1312402551382        GBP

10p ordinary

CFD

 

Short

37235

2.13074378        GBP

10p ordinary

CFD

 

Short

471575

2.133        GBP

10p ordinary

CFD

 

Short

35363

2.1310400701298        GBP

10p ordinary

CFD

 

Short

3965

2.13096595208071        GBP

10p ordinary

CFD

 

Short

22196

2.13123896197513        GBP

10p ordinary

CFD

 

Short

2826

2.13206298655343        GBP

10p ordinary

CFD

 

Short

18297

2.13104006121222        GBP

10p ordinary

CFD

 

Short

2052

2.1309649122807        GBP

10p ordinary

CFD

 

Short

11484

2.13123911529084        GBP

10p ordinary

CFD

 

Short

1462

2.13206566347469        GBP

10p ordinary

CFD

 

Short

1734

2.131107        GBP

10p ordinary

CFD

 

Short

5393

2.13273183        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

 

 

 

 

 

 

 

(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:

27 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 monitoring@disclosure.org.uk

 

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings