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

UBS AG (EPT)

09 May 2024

 

This announcement replaces the previous RNS announcement 6303H released at 11:50 on the 20^th 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:	18 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	912263	2.10960        GBP	2.09310 GBP
10p ordinary	Sell	987707	2.10750        GBP	2.09500        GBP
CDI	Buy	2161827	4.06563 GBP	4.04000 GBP
CDI	Sell	2161827	7.84285 GBP	4.05000 GBP

(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	12727	2.1        GBP
10p ordinary	CFD	Long	630	2.103        GBP
10p ordinary	CFD	Long	670000	2.10351409        GBP
10p ordinary	CFD	Long	15299	2.10221        GBP
10p ordinary	CFD	Long	12411	2.10123761        GBP
10p ordinary	CFD	Long	2413	2.105976        GBP
10p ordinary	CFD	Long	10414	2.09997375        GBP
10p ordinary	CFD	Long	94595	2.1023306959        GBP
10p ordinary	CFD	Long	17888	2.103887        GBP
10p ordinary	CFD	Long	659	2.103077        GBP
10p ordinary	CFD	Long	1120000	2.09690    GBP
10p ordinary	CFD	Short	500000	0.0000  GBP
10p ordinary	CFD	Long	10029	2.10067005683518        GBP
10p ordinary	CFD	Long	10401	2.10085        GBP
10p ordinary	CFD	Long	18736	2.096059        GBP
10p ordinary	CFD	Long	5000	2.096        GBP
10p ordinary	CFD	Long	1711	2.095        GBP
10p ordinary	CFD	Long	1817	2.097495        GBP
10p ordinary	CFD	Long	507151	2.104509        GBP
10p ordinary	CFD	Long	5801	2.10383201        GBP
10p ordinary	CFD	Long	480	2.104        GBP
10p ordinary	CFD	Long	11365	2.104828        GBP
10p ordinary	CFD	Long	7	2.102        GBP
10p ordinary	CFD	Long	450000	2.096901        GBP
10p ordinary	CFD	Short	500000	0.0        AUD
10p ordinary	CFD	Short	11922	2.100105        GBP
10p ordinary	CFD	Short	2062	2.104195        GBP
10p ordinary	CFD	Short	1184	2.102204        GBP
10p ordinary	CFD	Short	4544	2.10002625        GBP
10p ordinary	CFD	Short	1027	2.101828        GBP
10p ordinary	CFD	Short	1616	2.101861        GBP
10p ordinary	CFD	Short	52766	2.100586        GBP
10p ordinary	CFD	Short	10697	2.10436384032906        GBP
10p ordinary	CFD	Short	15059	2.0931        GBP
10p ordinary	CFD	Short	325	2.099        GBP
10p ordinary	CFD	Short	2	2.105        GBP
10p ordinary	CFD	Short	2	2.104        GBP
10p ordinary	CFD	Short	326	2.1045        GBP
10p ordinary	CFD	Short	27527	2.102103        GBP
10p ordinary	CFD	Short	3072	2.101006        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:	21 March 2024
Contact name:	Richard Howard
Telephone number:	[phone]

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 [e-mail]

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

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

 

END