This announcement replaces the previous RNS announcement 6230M released at 11:36 on the 30th April 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: |
29 April 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
|
1025532 |
4.09000 GBP |
2.14000 GBP |
10p ordinary |
Sell
|
382269 |
2.14505 GBP |
2.14000 GBP |
CDI |
Buy
|
827576 |
4.09000 AUD |
4.08000 AUD |
CDI |
Sell
|
827576 |
4.09000 AUD |
4.08000 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 |
1293 |
2.141 GBP |
10p ordinary |
CFD
|
Long |
28140 |
2.141333 GBP |
10p ordinary |
CFD
|
Long |
2708 |
2.141786 GBP |
10p ordinary |
CFD
|
Long |
1 |
2.14 GBP |
10p ordinary |
CFD
|
Long |
2592 |
2.14204475308642 GBP |
10p ordinary |
CFD
|
Long |
14051 |
2.14202405522739 GBP |
10p ordinary |
CFD
|
Long |
53036 |
2.14240402745305 GBP |
10p ordinary |
CFD
|
Long |
70538 |
2.14395900082225 GBP |
10p ordinary |
CFD
|
Long |
345 |
2.14266121304348 GBP |
10p ordinary |
CFD
|
Long |
33667 |
2.144 GBP |
10p ordinary |
CFD
|
Long |
159 |
2.14267597924528 GBP |
10p ordinary |
CFD
|
Long |
32241 |
2.14395893427623 GBP |
10p ordinary |
CFD
|
Long |
6422 |
2.14202429149798 GBP |
10p ordinary |
CFD
|
Long |
1184 |
2.14204391891892 GBP |
10p ordinary |
CFD
|
Long |
24242 |
2.14240409207161 GBP |
10p ordinary |
CFD
|
Long |
3553 |
2.14079700996341 GBP |
10p ordinary |
CFD
|
Long |
39494 |
2.1439331544032 GBP |
10p ordinary |
CFD
|
Long |
19275 |
2.14287719844358 GBP |
10p ordinary |
CFD
|
Long |
3228 |
2.14238878553594 GBP |
10p ordinary |
CFD
|
Long |
3732 |
2.14146114970257 GBP |
10p ordinary |
CFD
|
Long |
154 |
2.142 GBP |
10p ordinary |
CFD
|
Short |
6 |
2.14 GBP |
10p ordinary |
CFD
|
Short |
460 |
2.14308 GBP |
10p ordinary |
CFD
|
Short |
1162 |
2.143398 GBP |
10p ordinary |
CFD
|
Short |
200000 |
4.10235104 AUD |
10p ordinary |
CFD
|
Short |
400000 |
4.09 AUD |
10p ordinary |
CFD
|
Short |
400000 |
2.143141 GBP |
10p ordinary |
CFD
|
Short |
13702 |
2.144 GBP |
10p ordinary |
CFD
|
Short |
1999 |
2.143039 GBP |
10p ordinary |
CFD
|
Short |
88 |
2.14325 GBP |
CDI |
CFD |
Short
|
400000 |
4.09000 GBP |
CDI |
CFD |
Long
|
400000 |
4.09000 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: |
01 May 2024 |
Contact name: |
Richard Howard |
Telephone number: |
+44 (0)207 568 9128 |
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 monitoring@disclosure.org.uk
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.