Form 8.5 (EPT/RI) - Amendment - VIRGIN MONEY UK

GoldmanSachs International

05 April 2024

 

Amendment - due to the amendment of Equity and Derivatives transactions, the disclosure made on 01 April for dealings on 28 March has been updated. Sections 2(a) and 2(b) have been updated.

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:	(GS) GOLDMAN SACHS INTERNATIONAL
(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:	VIRGIN MONEY UK PLC
(d) Date dealing undertaken:	28 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 the offer?      If it is a cash offer or possible cash offer, state "N/A"	N/A

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	Purchases	2,434,921	2.1406 GBP	2.1360 GBP
10p ordinary	Sales	1,368,045	2.1405 GBP	2.1350 GBP

Class of relevant security	Purchases/ sales	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
CDI	Purchases	256,936	4.1231 AUD	4.1100 AUD
CDI	Sales	256,936	4.1233 AUD	4.1100 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	Increasing a long position	15,464	2.1356 GBP
10p ordinary	CFD	Increasing a long position	194,324	2.1368 GBP
10p ordinary	CFD	Increasing a short position	210,567	2.1371 GBP
10p ordinary	CFD	Increasing a short position	69,071	2.1371 GBP
10p ordinary	CFD	Increasing a short position	47,000	2.1387 GBP
10p ordinary	CFD	Reducing a long position	8,549	2.1390 GBP
10p ordinary	CFD	Reducing a long position	2,324	2.1391 GBP
10p ordinary	CFD	Opening a short position	164,097	2.1391 GBP
10p ordinary	CFD	Opening a short position	70,865	2.1391 GBP
10p ordinary	CFD	Reducing a long position	3,450	2.1393 GBP
10p ordinary	CFD	Opening a short position	12,899	2.1401 GBP
10p ordinary	CFD	Reducing a long position	5,451	2.1403 GBP

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
DR	CFD	Reducing a short position	51,624	4.1100 AUD
DR	CFD	Opening a short position	51,624	4.1100 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)

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:	05 April 2024
Contact name:	Papa Lette and Andrzej Szyszka
Telephone number:	[phone] / [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].

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

 

END