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

UBS AG (EPT)
15 March 2024
 

This announcement replaces the previous RNS announcement 9028G released at 11:41 on the 14th 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:

            13 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

 

696679

2.11016        GBP

2.09199

GBP

10p ordinary

Sell

 

1325173

2.11000        GBP

2.09189        GBP

CDI

 

Buy

1659446

4.07000

AUD

4.03000

AUD

CDI

 

Sell

1659446

4.07000

AUD

4.03000

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

3765

2.105753        GBP

10p ordinary

CFD

 

Long

230020

2.092        GBP

10p ordinary

CFD

 

Long

9602

2.09197385        GBP

10p ordinary

CFD

 

Long

9835

2.09308083375699        GBP

10p ordinary

CFD

 

Long

22431

2.10066459        GBP

10p ordinary

CFD

 

Long

5843

2.091895        GBP

10p ordinary

CFD

 

Long

4073

2.10154923        GBP

10p ordinary

CFD

 

Long

50000

2.0979894        GBP

10p ordinary

CFD

 

Long

136

2.10383824        GBP

10p ordinary

CFD

 

Long

46042

2.098345        GBP

10p ordinary

CFD

 

Long

5294

2.10327918398187        GBP

10p ordinary

CFD

 

Long

742

2.10222372        GBP

10p ordinary

CFD

 

Long

50000

2.106224        GBP

10p ordinary

CFD

 

Long

53963

2.103086        GBP

10p ordinary

CFD

 

Long

50000

2.105155        GBP

10p ordinary

CFD

 

Long

50000

2.1053        GBP

10p ordinary

CFD

 

Long

50000

2.105931        GBP

10p ordinary

CFD

 

Long

50000

2.105398        GBP

10p ordinary

CFD

 

Long

150000

2.103696        GBP

10p ordinary

CFD

 

Long

6600

2.102        GBP

10p ordinary

CFD

 

Long

10619

2.10354        GBP

10p ordinary

CFD

 

Long

1207

2.10800331400166        GBP

10p ordinary

CFD

 

Long

1

2.106        GBP

10p ordinary

CFD

 

Long

124362

2.1054        GBP

10p ordinary

CFD

 

Long

1389

2.09222678        GBP

10p ordinary

CFD

 

Long

9737

2.09871000100031        GBP

10p ordinary

CFD

 

Long

6086

2.101875        GBP

10p ordinary

CFD

 

Short

880

2.099798        GBP

10p ordinary

CFD

 

Short

6936

2.105251        GBP

10p ordinary

CFD

 

Short

365084

2.092        GBP

10p ordinary

CFD

 

Short

867

2.09199538638985        GBP

10p ordinary

CFD

 

Short

1

2.1055        GBP

10p ordinary

CFD

 

Short

3013

2.10599734483903        GBP

10p ordinary

CFD

 

Short

1007

2.099662        GBP

10p ordinary

CFD

 

Short

3825

2.104885        GBP

10p ordinary

CFD

 

Short

28795

2.105559        GBP

10p ordinary

CFD

 

Short

11517

2.104437        GBP

10p ordinary

CFD

 

Short

4464

2.104603        GBP

10p ordinary

CFD

 

Short

8052

2.09202615        GBP

10p ordinary

CFD

 

Short

347

2.1039308        GBP

10p ordinary

CFD

 

Short

3009

2.11016052        GBP

10p ordinary

CFD

 

Short

734610

0.0        AUD

10p ordinary

CFD

 

Short

7046

2.106008        GBP

10p ordinary

CFD

 

Short

8230

2.101599        GBP

10p ordinary

CFD

 

Short

1613

2.105558        GBP

10p ordinary

CFD

 

Short

3683

2.09200001        GBP

10p ordinary

CFD

 

Short

11552

2.105331        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:

15 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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