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

UBS AG (EPT)

14 March 2024

 

This announcement replaces the previous RNS announcement 7207G released at 12:05 on the 13^th 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:	12 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	1028076	2.14207        GBP	2.10200        GBP
10p ordinary	Sell	1643530	2.13000        GBP	2.10386        GBP
CDI	Buy	1615311	4.09000 AUD	4.05706 AUD
CDI	Sell	1615311	4.09000 AUD	4.05706 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	150000	2.108675        GBP
10p ordinary	CFD	Long	34267	2.106217        GBP
10p ordinary	CFD	Long	6157	2.107768        GBP
10p ordinary	CFD	Long	12268	2.10399929        GBP
10p ordinary	CFD	Long	6411	2.108459        GBP
10p ordinary	CFD	Long	381691	2.104        GBP
10p ordinary	CFD	Long	11428	2.106875        GBP
10p ordinary	CFD	Long	119	2.103866        GBP
10p ordinary	CFD	Long	97990	2.1107778        GBP
10p ordinary	CFD	Long	99844	2.10677106        GBP
10p ordinary	CFD	Long	173	2.1084509        GBP
10p ordinary	CFD	Long	20012	2.107858        GBP
10p ordinary	CFD	Long	2740	2.11005474        GBP
10p ordinary	CFD	Long	150000	2.109728        GBP
10p ordinary	CFD	Long	68937	2.107836        GBP
10p ordinary	CFD	Long	1469220	0.000  GBP
10p ordinary	CFD	Short	1469220	0.000  GBP
10p ordinary	CFD	Short	33398	2.106609        GBP
10p ordinary	CFD	Short	20632	2.10408416        GBP
10p ordinary	CFD	Short	13914	2.112        GBP
10p ordinary	CFD	Short	795	2.1095824        GBP
10p ordinary	CFD	Short	38046	2.104        GBP
10p ordinary	CFD	Short	5639	2.1084926405391        GBP
10p ordinary	CFD	Short	5625	2.11089336        GBP
10p ordinary	CFD	Short	250000	2.107105        GBP
10p ordinary	CFD	Short	188954	2.10816        GBP
10p ordinary	CFD	Short	1034	2.102        GBP
10p ordinary	CFD	Short	1699	2.10668        GBP
10p ordinary	CFD	Short	1412	2.107064        GBP
10p ordinary	CFD	Short	5048	2.106793        GBP
10p ordinary	CFD	Short	1844	2.108269        GBP
10p ordinary	CFD	Short	1	2.11        GBP
10p ordinary	CFD	Short	5843	2.104106        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:	14 March 2024
Contact name:	Richard Howard
Telephone number:	[phone]

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 [e-mail]

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

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

 

END