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

UBS AG (EPT)
23 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:

            22 April 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

 

485011

2.14899        GBP

2.14299        GBP

10p ordinary

Sell

 

410862

2.15000        GBP

2.14299        GBP

CDI

Buy

 

353961

4.13913

AUD

4.13000

AUD

CDI

Sell

 

353961

4.13913

AUD

4.13000

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

620

2.147785        GBP

10p ordinary

CFD

 

Long

2818

2.144381        GBP

10p ordinary

CFD

 

Long

6

2.146667        GBP

10p ordinary

CFD

 

Long

2305

2.147        GBP

10p ordinary

CFD

 

Long

3699

2.147605        GBP

10p ordinary

CFD

 

Long

164

2.14701219512195        GBP

10p ordinary

CFD

 

Long

90

2.145889        GBP

10p ordinary

CFD

 

Long

123

2.1469918699187        GBP

10p ordinary

CFD

 

Long

3477

2.145959        GBP

10p ordinary

CFD

 

Long

5691

2.14735800035143        GBP

10p ordinary

CFD

 

Long

605

2.147466        GBP

10p ordinary

CFD

 

Long

10031

2.147872        GBP

10p ordinary

CFD

 

Long

15007

2.14595899980009        GBP

10p ordinary

CFD

 

Long

4114

2.14700048614487        GBP

10p ordinary

CFD

 

Long

15020

2.147464        GBP

10p ordinary

CFD

 

Long

1881

2.14700159489633        GBP

10p ordinary

CFD

 

Long

1406

2.14699857752489        GBP

10p ordinary

CFD

 

Long

269

2.147358        GBP

10p ordinary

CFD

 

Long

1037

2.1463269        GBP

10p ordinary

CFD

 

Long

3076

2.14699934980494        GBP

10p ordinary

CFD

 

Long

12552

2.146969910529        GBP

10p ordinary

CFD

 

Long

12302

2.14599983742481        GBP

10p ordinary

CFD

 

Long

607

2.1469717246458        GBP

10p ordinary

CFD

 

Long

513

2.14563938        GBP

10p ordinary

CFD

 

Short

51432

4.11304506        AUD

10p ordinary

CFD

 

Short

86354

2.146        GBP

10p ordinary

CFD

 

Short

9495

2.1461        GBP

10p ordinary

CFD

 

Short

8915

2.14692294        GBP

10p ordinary

CFD

 

Short

3751

2.14700079978672        GBP

10p ordinary

CFD

 

Short

508

2.14700787401575        GBP

10p ordinary

CFD

 

Short

5016

2.14699960127592        GBP

10p ordinary

CFD

 

Short

680

2.147        GBP

10p ordinary

CFD

 

Short

7190

2.14565146        GBP

10p ordinary

CFD

 

Short

346

2.14699421965318        GBP

10p ordinary

CFD

 

Short

463

2.14699784017279        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:

23 April 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.

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