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

UBS AG (EPT)

21 March 2024

 

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:	20 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	2331650	2.09400        GBP	2.07800        GBP
10p ordinary	Sell	2857610	2.10351 GBP	2.07800        GBP
CDI	Buy	597469	4.06108 AUD	4.05000 AUD
CDI	Sell	597469	4.06108 AUD	4.05000 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	367559	2.0879        GBP
10p ordinary	CFD	Long	118157	2.0929        GBP
10p ordinary	CFD	Long	190705	2.0848        GBP
10p ordinary	CFD	Long	1988	2.089701        GBP
10p ordinary	CFD	Long	26	2.0895        GBP
10p ordinary	CFD	Long	34642	2.080384        GBP
10p ordinary	CFD	Long	4757	2.0869783        GBP
10p ordinary	CFD	Long	2341	2.084        GBP
10p ordinary	CFD	Long	668	2.08903518        GBP
10p ordinary	CFD	Long	38965	2.078        GBP
10p ordinary	CFD	Long	5012	2.08851227        GBP
10p ordinary	CFD	Long	670	2.089075        GBP
10p ordinary	CFD	Long	4613	2.083949        GBP
10p ordinary	CFD	Long	5675	2.083004        GBP
10p ordinary	CFD	Long	6015	2.083399        GBP
10p ordinary	CFD	Long	823	2.08287971        GBP
10p ordinary	CFD	Long	4877	2.0846750051261        GBP
10p ordinary	CFD	Long	3200	2.0845875        GBP
10p ordinary	CFD	Long	6875	2.078198        GBP
10p ordinary	CFD	Long	33696	2.084343        GBP
10p ordinary	CFD	Long	3791	2.089        GBP
10p ordinary	CFD	Long	4960	2.087        GBP
10p ordinary	CFD	Long	5576	2.0865        GBP
10p ordinary	CFD	Long	3886	2.085        GBP
10p ordinary	CFD	Long	1120000	2.100897        GBP
10p ordinary	CFD	Long	250000	2.088        GBP
10p ordinary	CFD	Long	50000	2.08966        GBP
10p ordinary	CFD	Long	100000	2.09069        GBP
10p ordinary	CFD	Short	486	2.09131687242798        GBP
10p ordinary	CFD	Short	479	2.08778705636743        GBP
10p ordinary	CFD	Short	46911	2.089054        GBP
10p ordinary	CFD	Short	528	2.08778        GBP
10p ordinary	CFD	Short	34	2.084166        GBP
10p ordinary	CFD	Short	709	2.08958057190409        GBP
10p ordinary	CFD	Short	278313	2.078        GBP
10p ordinary	CFD	Short	43677	2.08302631        GBP
10p ordinary	CFD	Short	1516	2.0849        GBP
10p ordinary	CFD	Short	2789	2.079698        GBP
10p ordinary	CFD	Short	14690	2.087941        GBP
10p ordinary	CFD	Short	1000000	4.04584522        AUD
10p ordinary	CFD	Short	72	2.083674        GBP
10p ordinary	CFD	Short	2251	2.08958023354953        GBP
10p ordinary	CFD	Short	33442	2.0780389928832        GBP
10p ordinary	CFD	Short	1599	2.08614133833646        GBP
10p ordinary	CFD	Short	2479	2.08775312626059        GBP
10p ordinary	CFD	Short	2448	2.0913112745098        GBP
10p ordinary	CFD	Short	157790	2.089053        GBP
10p ordinary	CFD	Short	115	2.083689        GBP
10p ordinary	CFD	Short	2685	2.087787        GBP
10p ordinary	CFD	Short	3640	2.08957912659341        GBP
10p ordinary	CFD	Short	20683	2.07803896920176        GBP
10p ordinary	CFD	Short	991	2.08613521695257        GBP
10p ordinary	CFD	Short	1532	2.08776109660574        GBP
10p ordinary	CFD	Short	3028	2.0913143989432        GBP
10p ordinary	CFD	Short	1663	2.087777        GBP
10p ordinary	CFD	Short	13704	2.07803925861062        GBP
10p ordinary	CFD	Short	657	2.08613394216134        GBP
10p ordinary	CFD	Short	1012	2.08775691699605        GBP
10p ordinary	CFD	Short	1005	2.09131343283582        GBP
10p ordinary	CFD	Short	1102	2.087781        GBP
10p ordinary	CFD	Short	48	2.083936        GBP
10p ordinary	CFD	Short	1490	2.08958135758389        GBP
10p ordinary	CFD	Short	23744	2.07803908355795        GBP
10p ordinary	CFD	Short	1136	2.08613556338028        GBP
10p ordinary	CFD	Short	1760	2.08775568181818        GBP
10p ordinary	CFD	Short	1738	2.09131185270426        GBP
10p ordinary	CFD	Short	81	2.083767        GBP
10p ordinary	CFD	Short	1905	2.08779        GBP
10p ordinary	CFD	Short	2584	2.08958092123839        GBP
10p ordinary	CFD	Short	4492	2.07803873552983        GBP
10p ordinary	CFD	Short	216	2.08615740740741        GBP
10p ordinary	CFD	Short	331	2.08776435045317        GBP
10p ordinary	CFD	Short	328	2.09131097560976        GBP
10p ordinary	CFD	Short	7744	2.089055        GBP
10p ordinary	CFD	Short	18	2.084092        GBP
10p ordinary	CFD	Short	364	2.087726        GBP
10p ordinary	CFD	Short	489	2.089572120818        GBP
10p ordinary	CFD	Short	29	2.088        GBP
10p ordinary	CFD	Short	28	2.087143        GBP
10p ordinary	CFD	Short	561	2.0834962        GBP
10p ordinary	CFD	Short	1046	2.078107        GBP
10p ordinary	CFD	Short	5245	2.08311199880076        GBP
10p ordinary	CFD	Short	52	2.07826923        GBP
10p ordinary	CFD	Short	379	2.08699208        GBP
10p ordinary	CFD	Short	7358	2.082329        GBP
10p ordinary	CFD	Short	29647	2.64317333962964        USD
10p ordinary	CFD	Short	325	2.08427692307692        GBP
10p ordinary	CFD	Short	66485	2.079053        GBP
10p ordinary	CFD	Short	8008	2.086396        GBP
10p ordinary	CFD	Short	20700	2.07803913043478        GBP
10p ordinary	CFD	Short	993	2.08614300100705        GBP
10p ordinary	CFD	Short	1534	2.08775749674055        GBP
10p ordinary	CFD	Short	1663	2.087783        GBP
10p ordinary	CFD	Short	71	2.083686        GBP
10p ordinary	CFD	Short	2253	2.08958037157568        GBP
10p ordinary	CFD	Short	6541	2.07803852621923        GBP
10p ordinary	CFD	Short	308	2.08616883116883        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:	21 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