Form 8.3 - Virgin Money UK plc

Barclays PLC
25 March 2024
 

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR

MORE

Rule 8.3 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Full name of discloser:

Barclays PLC.

(b)

Owner or controller of interest and short

 positions disclosed, if different from 1(a):

 

(c)

Name of offeror/offeree in relation to whose

 relevant securities this form relates:

VIRGIN MONEY UK PLC

(d)

If an exempt fund manager connected with an

 offeror/offeree, state this and specify identity of

 offeror/offeree:

 

(e)

Date position held/dealing undertaken:

22 Mar 2024

(f)

In addition to the company in 1(c) above, is the discloser making

 disclosures in respect of any other party to the offer?

NO

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a)

Interests and short positions in the relevant securities of the offeror or offeree

 to which the disclosure relates following the dealing(if any)

Class of relevant security:

10p ordinary


Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

11,054,325

0.85%

2,543,474

0.20%

(2) Cash-settled derivatives:

2,354,334

0.18%

10,534,735

0.81%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

 TOTAL:

 

13,408,659

1.03%

13,078,209

1.01%

(b)

Rights to subscribe for new securities (including directors and

 other executive options)

Class of relevant security in relation to

 which subscription right exists


Details, including nature of the rights

 concerned and relevant percentages:


3.

DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

(a)

Purchase and sales

Class of relevant

 security

Purchase/sale

Number of

 securities

Price per unit

10p ordinary

Purchase

2,022,582

2.1301  GBP

10p ordinary

Purchase

777,570

2.1300  GBP

10p ordinary

Purchase

505,945

2.1290  GBP

ADR

Purchase

360,604

4.0900  AUD

10p ordinary

Purchase

338,051

2.1298  GBP

10p ordinary

Purchase

277,110

2.1294  GBP

10p ordinary

Purchase

246,534

2.1296  GBP

10p ordinary

Purchase

197,877

2.1302  GBP

10p ordinary

Purchase

161,362

2.1295  GBP

10p ordinary

Purchase

141,592

2.1305  GBP

ADR

Purchase

95,340

3.9481  AUD

10p ordinary

Purchase

85,722

2.1299  GBP

ADR

Purchase

62,027

4.0895  AUD

ADR

Purchase

61,337

4.1098  AUD

10p ordinary

Purchase

49,464

2.1297  GBP

10p ordinary

Purchase

43,297

2.1291  GBP

10p ordinary

Purchase

39,296

2.1293  GBP

ADR

Purchase

32,160

4.1022  AUD

10p ordinary

Purchase

32,066

2.1287  GBP

10p ordinary

Purchase

31,770

2.1304  GBP

ADR

Purchase

17,760

4.1080  AUD

10p ordinary

Purchase

14,576

2.1308  GBP

10p ordinary

Purchase

10,300

2.1288  GBP

ADR

Purchase

10,000

4.0952  AUD

10p ordinary

Purchase

7,811

2.1310  GBP

ADR

Purchase

6,309

4.0903  AUD

10p ordinary

Purchase

4,265

2.1307  GBP

10p ordinary

Purchase

3,336

2.1314  GBP

10p ordinary

Purchase

3,165

2.1315  GBP

ADR

Purchase

1,451

4.0920  AUD

10p ordinary

Purchase

1,324

2.1260  GBP

10p ordinary

Purchase

1,096

2.1292  GBP

10p ordinary

Purchase

266

2.1277  GBP

10p ordinary

Sale

1,185,135

2.1350  GBP

10p ordinary

Sale

443,113

2.1300  GBP

10p ordinary

Sale

405,111

2.1294  GBP

10p ordinary

Sale

375,945

2.1290  GBP

10p ordinary

Sale

219,582

2.1285  GBP

ADR

Sale

209,066

4.0900  AUD

10p ordinary

Sale

160,596

2.1305  GBP

10p ordinary

Sale

150,961

2.1299  GBP

10p ordinary

Sale

127,880

2.1297  GBP

10p ordinary

Sale

90,079

2.1302  GBP

10p ordinary

Sale

76,770

2.1293  GBP

10p ordinary

Sale

75,610

2.1301  GBP

10p ordinary

Sale

65,600

2.1291  GBP

10p ordinary

Sale

35,220

2.1304  GBP

ADR

Sale

33,417

4.1100  AUD

10p ordinary

Sale

17,132

2.1303  GBP

10p ordinary

Sale

8,575

2.1296  GBP

10p ordinary

Sale

6,810

2.1307  GBP

10p ordinary

Sale

5,706

2.1292  GBP

10p ordinary

Sale

4,378

2.1295  GBP

10p ordinary

Sale

624

2.1310  GBP

10p ordinary

Sale

31

2.1324  GBP

10p ordinary

Sale

4

2.1277  GBP

(b)

Cash-settled derivative transactions

Class of

 relevant

 security

Product  description

Nature of dealing

Number of

 reference

 securities

Price per

 unit

10p ordinary

SWAP

Closing Long

505

2.1297  GBP

10p ordinary

SWAP

Closing Long

4,352

2.1290  GBP

10p ordinary

SWAP

Closing Long

50,352

2.1290  GBP

10p ordinary

SWAP

Closing Long

51,088

2.1291  GBP

10p ordinary

SWAP

Decreasing Long

24,800

4.0904  AUD

10p ordinary

SWAP

Decreasing Short

153

2.1299  GBP

10p ordinary

SWAP

Decreasing Short

348

2.1299  GBP

10p ordinary

SWAP

Decreasing Short

634

2.1304  GBP

10p ordinary

SWAP

Decreasing Short

1,425

2.1304  GBP

10p ordinary

CFD

Decreasing Short

1,555

2.1300  GBP

10p ordinary

CFD

Decreasing Short

1,674

2.1290  GBP

10p ordinary

SWAP

Decreasing Short

2,637

2.1307  GBP

10p ordinary

SWAP

Decreasing Short

3,821

2.1296  GBP

10p ordinary

SWAP

Decreasing Short

19,100

2.1287  GBP

10p ordinary

SWAP

Decreasing Short

40,326

2.1301  GBP

10p ordinary

SWAP

Decreasing Short

64,548

2.1301  GBP

10p ordinary

SWAP

Decreasing Short

106,563

2.1294  GBP

10p ordinary

SWAP

Decreasing Short

162,899

2.1297  GBP

10p ordinary

CFD

Decreasing Short

250,948

2.1289  GBP

10p ordinary

SWAP

Decreasing Short

281,472

2.1300  GBP

10p ordinary

SWAP

Decreasing Short

546,550

2.1350  GBP

10p ordinary

SWAP

Decreasing Short

638,585

2.1350  GBP

10p ordinary

SWAP

Increasing Long

33,417

4.1095  AUD

10p ordinary

SWAP

Increasing Long

191,428

2.1285  GBP

10p ordinary

SWAP

Increasing Short

3,336

2.1314  GBP

10p ordinary

CFD

Increasing Short

4,570

2.1300  GBP

10p ordinary

SWAP

Increasing Short

5,192

2.1296  GBP

10p ordinary

CFD

Increasing Short

16,945

2.1313  GBP

10p ordinary

SWAP

Increasing Short

36,780

2.1308  GBP

10p ordinary

SWAP

Increasing Short

39,296

2.1293  GBP

10p ordinary

SWAP

Increasing Short

79,356

2.1301  GBP

10p ordinary

SWAP

Increasing Short

84,426

2.1297  GBP

10p ordinary

CFD

Increasing Short

118,216

2.1305  GBP

10p ordinary

SWAP

Increasing Short

127,510

2.1301  GBP

10p ordinary

SWAP

Increasing Short

132,522

2.1290  GBP

10p ordinary

SWAP

Increasing Short

146,980

2.1290  GBP

10p ordinary

CFD

Increasing Short

313,712

2.1298  GBP

10p ordinary

CFD

Increasing Short

322,091

2.1306  GBP

10p ordinary

SWAP

Increasing Short

411,822

2.1300  GBP

10p ordinary

SWAP

Increasing Short

548,500

2.1300  GBP

10p ordinary

SWAP

Increasing Short

1,013,155

2.1303  GBP

10p ordinary

SWAP

Opening Long

31

2.1324  GBP

10p ordinary

SWAP

Opening Long

785

2.1282  GBP

10p ordinary

SWAP

Opening Long

27,369

2.1285  GBP

10p ordinary

SWAP

Opening Short

462,500

2.1290  GBP

CDI

CFD

Decreasing Long

1,451

4.0924  AUD

CDI

CFD

Decreasing Long

3,992

4.1100  AUD

CDI

CFD

Decreasing Long

6,309

4.0906  AUD

CDI

CFD

Decreasing Long

10,000

4.0956  AUD

CDI

CFD

Increasing Long

3,992

4.1100  AUD









(c)

Stock-settled derivative transactions

 (including options)

(i)

Writing, selling, purchasing or varying

Class

 of

 relevant

 security

Product

 description

Writing,

 purchasing,

 selling,

 varying etc

Number

 of

 securities

 to which

 option

 relates

Exercise

 price

 per unit

Type

Expiry

 date

Option

 money

 paid/

 received

 per unit

















(ii)

Exercising

 






Class of relevant

 security

Product description

Exercising/ exercised against

Number of

 securities

Exercise price per

 unit














(d)

Other dealings (including subscribing for

 new securities)

Class of relevant

 security

Nature of Dealings

Details

Price per unit (if

 applicable)





4.

OTHER INFORMATION

(a)

Indemnity and other dealings 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 person making the disclosure and any party

 to the offer or any person acting in concert with a party to the offer:

NONE

(b)

Agreements, arrangements or understandings relating to options or

 derivatives

Details of any agreement, arrangement or understanding, formal or informal, between

 the person 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 of future acquisition or disposal of any relevant securities to which

 any derivative is referenced:

NONE

(c)

Attachments

 






Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

25 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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