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

GoldmanSachs International
08 April 2024
 

Amendment - due to the amendment of Equity and Derivatives transactions, the disclosure made on 08 March for dealings on 07 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:

07 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

6,659,542

2.1760 GBP

2.1265 GBP

10p ordinary

Sales

1,944,696

2.1790 GBP

2.1270 GBP

 

 

Class of relevant security

Purchases/ sales

 

Total number of securities

Highest price per unit paid/received

Lowest price per unit paid/received

CDI

Sales

1,500,000

3.0521 AUD

3.0521 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

Reducing a short position

1,500,000

1.5800 GBP

10p ordinary

CFD

Reducing a short position

165

1.5905 GBP

10p ordinary

CFD

Reducing a long position

165

1.5905 GBP

10p ordinary

CFD

Reducing a short position

9,358

2.1448 GBP

10p ordinary

CFD

Opening a long position

23,581

2.1448 GBP

10p ordinary

CFD

Increasing a long position

156,849

2.1466 GBP

10p ordinary

CFD

Increasing a long position

4,410

2.1466 GBP

10p ordinary

CFD

Reducing a short position

8,179

2.1479 GBP

10p ordinary

CFD

Reducing a short position

2,587

2.1479 GBP

10p ordinary

CFD

Reducing a long position

62,816

2.1512 GBP

10p ordinary

CFD

Increasing a long position

3,249

2.1542 GBP

10p ordinary

CFD

Reducing a short position

298

2.1569 GBP

10p ordinary

CFD

Reducing a long position

13,271

2.1574 GBP

10p ordinary

CFD

Opening a short position

9,358

2.1574 GBP

10p ordinary

CFD

Reducing a short position

103

2.1598 GBP

10p ordinary

CFD

Opening a long position

2,818

2.1600 GBP

10p ordinary

CFD

Reducing a short position

1,069

2.1600 GBP

10p ordinary

CFD

Reducing a long position

31,171

2.1609 GBP

10p ordinary

CFD

Reducing a long position

308,858

2.1621 GBP

10p ordinary

CFD

Reducing a long position

440

2.1623 GBP

10p ordinary

CFD

Increasing a long position

1,863

2.1624 GBP

10p ordinary

CFD

Opening a short position

143,811

2.1627 GBP

10p ordinary

CFD

Reducing a long position

17

2.1636 GBP

10p ordinary

CFD

Reducing a long position

1,397

2.1640 GBP

10p ordinary

CFD

Reducing a long position

748,562

2.1641 GBP

10p ordinary

CFD

Reducing a long position

100,827

2.1641 GBP

10p ordinary

CFD

Reducing a long position

92,452

2.1642 GBP

10p ordinary

CFD

Reducing a long position

192,927

2.1642 GBP

10p ordinary

CFD

Reducing a long position

275,508

2.1642 GBP

10p ordinary

CFD

Reducing a long position

24,821

2.1642 GBP

10p ordinary

CFD

Reducing a long position

27,163

2.1642 GBP

10p ordinary

CFD

Reducing a long position

18,850

2.1642 GBP

10p ordinary

CFD

Reducing a long position

313,920

2.1642 GBP

10p ordinary

CFD

Reducing a long position

9,243

2.1642 GBP

10p ordinary

CFD

Reducing a long position

129,448

2.1642 GBP

10p ordinary

CFD

Reducing a long position

101,918

2.1642 GBP

10p ordinary

CFD

Reducing a long position

49,327

2.1650 GBP

10p ordinary

CFD

Opening a short position

1,172

2.1650 GBP

10p ordinary

CFD

Reducing a long position

104

2.1651 GBP

10p ordinary

CFD

Reducing a long position

329,535

2.1654 GBP

10p ordinary

CFD

Reducing a long position

313

2.1661 GBP

10p ordinary

CFD

Reducing a long position

214

2.1661 GBP

10p ordinary

CFD

Reducing a long position

1,589

2.1661 GBP

10p ordinary

CFD

Reducing a long position

1,128

2.1661 GBP

10p ordinary

CFD

Reducing a long position

983

2.1661 GBP

10p ordinary

CFD

Opening a short position

181,368

2.1663 GBP

10p ordinary

CFD

Opening a short position

11,789

2.1663 GBP

10p ordinary

CFD

Increasing a short position

117,891

2.1663 GBP

10p ordinary

CFD

Opening a short position

55,609

2.1663 GBP

10p ordinary

CFD

Increasing a short position

5,561

2.1663 GBP

10p ordinary

CFD

Increasing a short position

2,224

2.1663 GBP

10p ordinary

CFD

Opening a short position

122,889

2.1663 GBP

10p ordinary

CFD

Opening a short position

22,243

2.1663 GBP

10p ordinary

CFD

Increasing a short position

18,137

2.1663 GBP

10p ordinary

CFD

Increasing a short position

12,289

2.1663 GBP

10p ordinary

CFD

Reducing a long position

60

2.1667 GBP

10p ordinary

CFD

Reducing a long position

21

2.1672 GBP

10p ordinary

CFD

Reducing a long position

6

2.1672 GBP

10p ordinary

CFD

Reducing a long position

4,363

2.1688 GBP

10p ordinary

CFD

Reducing a long position

32,453

2.1688 GBP

10p ordinary

CFD

Reducing a long position

6,356

2.1690 GBP

10p ordinary

CFD

Reducing a long position

23,042

2.1691 GBP

10p ordinary

CFD

Reducing a long position

20,088

2.1691 GBP

10p ordinary

CFD

Reducing a long position

1,173

2.1692 GBP

10p ordinary

CFD

Reducing a long position

158

2.1692 GBP

10p ordinary

CFD

Reducing a long position

231

2.1699 GBP

10p ordinary

CFD

Reducing a long position

4,242

2.1704 GBP

10p ordinary

CFD

Reducing a long position

570

2.1704 GBP

10p ordinary

CFD

Reducing a long position

833

2.1706 GBP

10p ordinary

CFD

Reducing a long position

726

2.1706 GBP

10p ordinary

CFD

Reducing a long position

830

2.1706 GBP

10p ordinary

CFD

Reducing a long position

3,012

2.1708 GBP

10p ordinary

CFD

Reducing a long position

2,626

2.1708 GBP

10p ordinary

CFD

Reducing a long position

4,654

2.1710 GBP

10p ordinary

CFD

Reducing a long position

627

2.1710 GBP

10p ordinary

CFD

Reducing a long position

913

2.1715 GBP

10p ordinary

CFD

Reducing a long position

3,304

2.1720 GBP

10p ordinary

CFD

Reducing a long position

2,881

2.1720 GBP

10p ordinary

CFD

Reducing a long position

3,866

2.1729 GBP

10p ordinary

CFD

Reducing a long position

519

2.1729 GBP

10p ordinary

CFD

Reducing a long position

756

2.1731 GBP

10p ordinary

CFD

Reducing a long position

2,745

2.1732 GBP

10p ordinary

CFD

Reducing a long position

2,393

2.1732 GBP

10p ordinary

CFD

Reducing a long position

459

2.1749 GBP

10p ordinary

CFD

Reducing a long position

315

2.1749 GBP

10p ordinary

CFD

Reducing a long position

2,349

2.1749 GBP

10p ordinary

CFD

Reducing a long position

1,668

2.1749 GBP

10p ordinary

CFD

Reducing a long position

1,454

2.1749 GBP

10p ordinary

CFD

Reducing a long position

264

2.1752 GBP

10p ordinary

CFD

Reducing a long position

182

2.1752 GBP

10p ordinary

CFD

Reducing a long position

1,356

2.1752 GBP

10p ordinary

CFD

Reducing a long position

963

2.1752 GBP

10p ordinary

CFD

Reducing a long position

840

2.1752 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

27,098

3.0400 AUD

DR

CFD

Opening a long position

61,069

3.0400 AUD

DR

CFD

Reducing a long position

27,098

3.0400 AUD

DR

CFD

Reducing a long position

61,069

3.0400 AUD

DR

CFD

Increasing a short position

2

3.0400 AUD

DR

CFD

Reducing a short position

61,069

3.0400 AUD

DR

CFD

Reducing a short position

2

3.0400 AUD

DR

CFD

Reducing a long position

61,069

3.0400 AUD

DR

CFD

Reducing a long position

1,500,000

3.0521 AUD

DR

CFD

Reducing a short position

1,500,000

3.0521 AUD

DR

CFD

Increasing a short position

15,754

3.0636 AUD

DR

CFD

Increasing a long position

2

3.0647 AUD

DR

CFD

Opening a short position

2

3.0650 AUD

DR

CFD

Opening a long position

61,069

3.0697 AUD

DR

CFD

Reducing a long position

61,069

3.0701 AUD

DR

CFD

Opening a long position

31,832

3.0757 AUD

DR

CFD

Reducing a short position

20,777

3.0757 AUD

DR

CFD

Opening a short position

52,609

3.0758 AUD

DR

CFD

Increasing a long position

26,215

3.0831 AUD

DR

CFD

Reducing a long position

26,215

3.0833 AUD

DR

CFD

Increasing a long position

426

3.0895 AUD

DR

CFD

Increasing a short position

426

3.0900 AUD

DR

CFD

Increasing a long position

19,894

3.0929 AUD

DR

CFD

Reducing a long position

19,894

3.0930 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:

08 April 2024

Contact name:

Papa Lette and Andrzej Szyszka

Telephone number:

+33(1) 4212 1459 / +48(22) 317 4817

 

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 +44 (0)20 7638 0129.

 

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

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