Form 8.3 - Virgin Money UK PLC

Macquarie Group Ltd

11 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:	Macquarie Group Limited
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):      The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.	Macquarie Group Limited
(c) 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
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:	N/A
(e) Date position held/dealing undertaken:      For an opening position disclosure, state the latest practicable date prior to the disclosure	8th March 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?      If it is a cash offer or possible cash offer, state "N/A"	No

2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(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:
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	25,429,180	1.96%	392,322	0.030%
(2) Cash-settled derivatives:	92,322	0.007%	0	0
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0	0	0
TOTAL:	25,521,502	1.96%	392,322	0.03%

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b)        Rights to subscribe for new securities (including directors' and other employee 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

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(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	Purchase/sale	Number of securities	Price per unit
CDI	Sale	608	4.07 AUD
CDI	Purchase	5736	4.08 AUD
CDI	Sale	2000	4.08 AUD
CDI	Sale	2500	4.09 AUD
CDI	Purchase	10000	4.05 AUD
CDI	Purchase	383000	4.07 AUD
CDI	Purchase	3007	4.075 AUD
CDI	Purchase	24273	4.08 AUD
CDI	Purchase	2000	4.09 AUD
CDI	Sale	125000	4.07 AUD
CDI	Sale	250000	4.075 AUD
CDI	Sale	39062	4.08 AUD
CDI	Sale	2078	4.09 AUD
CDI	Short Sale	14353	4.05 AUD
CDI	Short Sale	1647	4.055 AUD
CDI	Short Sale	20	4.06 AUD
CDI	Short Sale	11000	4.07 AUD
CDI	Short Sale	5040	4.08 AUD
CDI	Short Sale	10000	4.085 AUD
CDI	Short Sale	15841	4.09 AUD
Shares	Sale	20000	2.1365 GBP
Shares	Sale	50000	2.137 GBP
Shares	Sale	10000	2.138 GBP

(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
CDI	Portfolio Swap	Closing a Long position	77	4.06 AUD
CDI	Portfolio Swap	Opening a Short position	35842	4.06 AUD
CDI	Portfolio Swap	Reducing a Short position	15919	4.07 AUD
CDI	Portfolio Swap	Closing a Long position	2001	4.08 AUD
CDI	Portfolio Swap	Increasing a Short position	22059	4.08 AUD
CDI	Portfolio Swap	Reducing a Short position	22059	4.06 AUD
CDI	Portfolio Swap	Increasing a Long position	2001	4.06 AUD
CDI	Portfolio Swap	Closing a Long position	77	4.06 AUD

(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)
CDI	Client account Transfer in	304 Transferred in
CDI	Client account Transfer out	2868 Transferred out

4.         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 person 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"

(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 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"

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:	11th March 2024
Contact name:	Kieran Prendergast
Telephone number*:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on [phone].

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END