Form 8.5 (EPT/RI) - Virgin Money UK plc

UBS AG (EPT)

02 April 2024

 

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:	28 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	2695270	2.14100        GBP	2.13600        GBP
10p ordinary	Sell	2527426	2.14066        GBP	2.13599        GBP
CDI	Buy	575140	4.12000 AUD	4.11000 AUD
CDI	Sell	575140	4.12000 AUD	4.11000 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	2082	2.139997        GBP
10p ordinary	CFD	Long	19384	2.137931        GBP
10p ordinary	CFD	Long	2492	2.137        GBP
10p ordinary	CFD	Long	156089	2.139        GBP
10p ordinary	CFD	Long	74118	2.13858599859994        GBP
10p ordinary	CFD	Long	773	2.138668        GBP
10p ordinary	CFD	Long	12929	2.140175        GBP
10p ordinary	CFD	Short	730	2.138035        GBP
10p ordinary	CFD	Short	53858	2.137281        GBP
10p ordinary	CFD	Short	27480	2.136668        GBP
10p ordinary	CFD	Short	3887	2.137214        GBP
10p ordinary	CFD	Short	1712	2.13725257971963        GBP
10p ordinary	CFD	Short	11454	2.139214        GBP
10p ordinary	CFD	Short	60126	2.138656        GBP
10p ordinary	CFD	Short	6637	2.140068        GBP
10p ordinary	CFD	Short	1864	2.140214        GBP
10p ordinary	CFD	Short	170	2.13723529411765        GBP
10p ordinary	CFD	Short	162	2.13808641975309        GBP
10p ordinary	CFD	Short	325	2.13725644384615        GBP
10p ordinary	CFD	Short	314	2.137        GBP
10p ordinary	CFD	Short	81	2.136025        GBP
10p ordinary	CFD	Short	163456	2.139        GBP
10p ordinary	CFD	Short	3647	2.139311        GBP
10p ordinary	CFD	Short	1	2.1405        GBP
10p ordinary	CFD	Short	1568	2.1372193877551        GBP
10p ordinary	CFD	Short	1492	2.13806970509383        GBP
10p ordinary	CFD	Short	23683	2.138791        GBP
10p ordinary	CFD	Short	7869	2.137422        GBP
10p ordinary	CFD	Short	3990	2.139625        GBP
10p ordinary	CFD	Short	1491	2.13724932420523        GBP
10p ordinary	CFD	Short	1267	2.13721389108129        GBP
10p ordinary	CFD	Short	1206	2.1380679933665        GBP
10p ordinary	CFD	Short	2412	2.13724859845771        GBP
10p ordinary	CFD	Short	519	2.13720616570328        GBP
10p ordinary	CFD	Short	494	2.13805668016194        GBP
10p ordinary	CFD	Short	989	2.13724851042467        GBP
10p ordinary	CFD	Short	899	2.1372191323693        GBP
10p ordinary	CFD	Short	856	2.13806074766355        GBP
10p ordinary	CFD	Short	1493	2.13724953983255        GBP
10p ordinary	CFD	Short	21411	2.137783        GBP
10p ordinary	CFD	Short	13129	2.13817350902582        GBP
10p ordinary	CFD	Short	247	2.13720647773279        GBP
10p ordinary	CFD	Short	238	2.13806722689076        GBP
10p ordinary	CFD	Short	472	2.13724079847458        GBP
10p ordinary	CFD	Short	2334	2.13666666666667        GBP
10p ordinary	CFD	Short	2013	2.139106        GBP
10p ordinary	CFD	Short	7160	2.139032        GBP
10p ordinary	CFD	Short	143001	2.13942783616898        GBP
10p ordinary	CFD	Short	815	2.14007        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:	02 April 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