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

UBS AG (EPT)
13 March 2024
 

This announcement replaces the previous RNS announcement 5483G released at 12:10 on the 12th 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:

            11 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

 

1351618

2.14207        GBP

2.10000        GBP

10p ordinary

Sell

 

2513829

2.13000        GBP

2.10000        GBP

CDI

Buy

 

5359649

4.10218        AUD

2.71273       AUD

CDI

Sell

 

5359649

4.10218        AUD

2.71273       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

4069

2.11173507        GBP

10p ordinary

CFD

 

Long

3412

2.10674971        GBP

10p ordinary

CFD

 

Long

3063

2.12        GBP

10p ordinary

CFD

 

Long

72327

2.1058858        GBP

10p ordinary

CFD

 

Long

51637

2.11630226        GBP

10p ordinary

CFD

 

Long

195674

2.106        GBP

10p ordinary

CFD

 

Long

500000

4.08299888        AUD

10p ordinary

CFD

 

Long

13278

2.110365        GBP

10p ordinary

CFD

 

Long

150000

2.1244        GBP

10p ordinary

CFD

 

Long

150000

2.12405        GBP

10p ordinary

CFD

 

Long

68284

2.105        GBP

10p ordinary

CFD

 

Long

6912

2.1        GBP

10p ordinary

CFD

 

Long

255816

2.105464        GBP

10p ordinary

CFD

 

Long

94637

2.109205        GBP

10p ordinary

CFD

 

Long

6077

2.107        GBP

10p ordinary

CFD

 

Long

1865

2.108        GBP

10p ordinary

CFD

 

Long

106

2.11981132        GBP

10p ordinary

CFD

 

Long

19358

2.10616569        GBP

10p ordinary

CFD

 

Long

47205

2.121677        GBP

10p ordinary

CFD

 

Long

67328

2.115        GBP

10p ordinary

CFD

 

Long

11815

2.1104        GBP

10p ordinary

CFD

 

Long

3472

2.124        GBP

10p ordinary

CFD

 

Long

1097

2.10500455788514        GBP

10p ordinary

CFD

 

Long

16761

2.107413        GBP

10p ordinary

CFD

 

Long

146

2.104863        GBP

10p ordinary

CFD

 

Long

12149

2.105818        GBP

10p ordinary

CFD

 

Long

4034

2.106262        GBP

10p ordinary

CFD

 

Short

100000

2.14208     GBP

CDI

CFD

 

Short

734610

4.07293       AUD

CDI

CFD

 

Long

734610

4.07293       AUD

10p ordinary

CFD

 

Short

2

2.12        GBP

10p ordinary

CFD

 

Short

59048

2.1051        GBP

10p ordinary

CFD

 

Short

150000

2.107105        GBP

10p ordinary

CFD

 

Short

17714

2.10315        GBP

10p ordinary

CFD

 

Short

30145

2.10593        GBP

10p ordinary

CFD

 

Short

21216

2.105838        GBP

10p ordinary

CFD

 

Short

841

2.1062421        GBP

10p ordinary

CFD

 

Short

1831

2.105        GBP

10p ordinary

CFD

 

Short

100000

2.142075        GBP

10p ordinary

CFD

 

Short

153883

2.1171        GBP

10p ordinary

CFD

 

Short

434

2.106        GBP

10p ordinary

CFD

 

Short

215

2.1032        GBP

10p ordinary

CFD

 

Short

1098

2.1        GBP

10p ordinary

CFD

 

Short

56056

2.10536        GBP

10p ordinary

CFD

 

Short

13259

2.103416        GBP

10p ordinary

CFD

 

Short

1467

2.105079        GBP

10p ordinary

CFD

 

Short

67136

2.10500002        GBP

10p ordinary

CFD

 

Short

4293

2.105106        GBP

10p ordinary

CFD

 

Short

2119

2.1215        GBP

10p ordinary

CFD

 

Short

1881

2.105234        GBP

10p ordinary

CFD

 

Short

3277

2.106529        GBP

10p ordinary

CFD

 

Short

14063

2.113318        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:

13 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.

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