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

UBS AG (EPT)

08 April 2024

 

This announcement replaces the previous RNS announcement 3590L released at 11:44 on the 26^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:	25 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	1903803	2.13300        GBP	2.12950        GBP
10p ordinary	Sell	1842145	2.13888        GBP	2.12935        GBP
CDI	Buy	3293794	4.10030 AUD	3.97070 AUD
CDI	Sell	3293794	4.10030 AUD	3.97070 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	470983	2.131        GBP
10p ordinary	CFD	Long	31800	2.1388805        GBP
10p ordinary	CFD	Long	2884	2.131127        GBP
10p ordinary	CFD	Long	1000	2.1315        GBP
10p ordinary	CFD	Long	2549	2.13091000100039        GBP
10p ordinary	CFD	Long	5393	2.13060300030039        GBP
10p ordinary	CFD	Long	19735	2.1312283        GBP
10p ordinary	CFD	Long	19093	2.131136        GBP
10p ordinary	CFD	Long	1218	2.133        GBP
10p ordinary	CFD	Long	15257	2.13116055        GBP
10p ordinary	CFD	Long	250000	2.1313        GBP
10p ordinary	CFD	Long	250000	2.1301        GBP
10p ordinary	CFD	Long	175975	2.129662        GBP
10p ordinary	CFD	Long	147985	2.1307        GBP
10p ordinary	CFD	Short	250000	2.13010   GBP
10p ordinary	CFD	Long	250000	2.12700    GBP
10p ordinary	CFD	Short	33047	2.13091288        GBP
10p ordinary	CFD	Short	7423	2.130532        GBP
10p ordinary	CFD	Short	486764	2.131        GBP
10p ordinary	CFD	Short	22325	2.13132362821948        GBP
10p ordinary	CFD	Short	35906	2.13133        GBP
10p ordinary	CFD	Short	180	2.13205555555556        GBP
10p ordinary	CFD	Short	2248	2.1310409252669        GBP
10p ordinary	CFD	Short	252	2.13095238095238        GBP
10p ordinary	CFD	Short	246008	2.131241        GBP
10p ordinary	CFD	Short	30714	2.131879        GBP
10p ordinary	CFD	Short	1411	2.1312402551382        GBP
10p ordinary	CFD	Short	37235	2.13074378        GBP
10p ordinary	CFD	Short	471575	2.133        GBP
10p ordinary	CFD	Short	35363	2.1310400701298        GBP
10p ordinary	CFD	Short	3965	2.13096595208071        GBP
10p ordinary	CFD	Short	22196	2.13123896197513        GBP
10p ordinary	CFD	Short	2826	2.13206298655343        GBP
10p ordinary	CFD	Short	18297	2.13104006121222        GBP
10p ordinary	CFD	Short	2052	2.1309649122807        GBP
10p ordinary	CFD	Short	11484	2.13123911529084        GBP
10p ordinary	CFD	Short	1462	2.13206566347469        GBP
10p ordinary	CFD	Short	1734	2.131107        GBP
10p ordinary	CFD	Short	5393	2.13273183        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:	27 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