Form 8.5 (EPT/RI) - Virgin Money UK plc (GB)

UBS AG (EPT)

08 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:	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 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	14856634	2.17800            GBP	2.12900        GBP
10p ordinary	Sell	14229173	2.17625        GBP	2.12600        GBP

(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	831	2.1504876997        GBP
10p ordinary	CFD	Long	21323	2.1648276        GBP
10p ordinary	CFD	Long	11199	2.136214        GBP
10p ordinary	CFD	Long	6620	2.134535        GBP
10p ordinary	CFD	Long	44339	2.158962        GBP
10p ordinary	CFD	Long	2401	2.14541008        GBP
10p ordinary	CFD	Long	973	2.130247        GBP
10p ordinary	CFD	Long	258	2.13        GBP
10p ordinary	CFD	Long	297532	2.16246514        GBP
10p ordinary	CFD	Long	13741	2.16621861582126        GBP
10p ordinary	CFD	Long	1658	2.16219541616405        GBP
10p ordinary	CFD	Long	26566	2.16        GBP
10p ordinary	CFD	Long	2313	2.163        GBP
10p ordinary	CFD	Long	3333	2.162        GBP
10p ordinary	CFD	Long	65	2.161        GBP
10p ordinary	CFD	Long	1000	2.158        GBP
10p ordinary	CFD	Long	52703	2.14499099        GBP
10p ordinary	CFD	Long	476203	2.166894        GBP
10p ordinary	CFD	Long	16095	2.1677287        GBP
10p ordinary	CFD	Long	46378	2.146893        GBP
10p ordinary	CFD	Long	8719	2.170968        GBP
10p ordinary	CFD	Long	2701	2.149467        GBP
10p ordinary	CFD	Long	6000	2.144        GBP
10p ordinary	CFD	Long	16062	2.159        GBP
10p ordinary	CFD	Long	13793	2.138        GBP
10p ordinary	CFD	Long	769	2.145        GBP
10p ordinary	CFD	Long	1108	2.14        GBP
10p ordinary	CFD	Long	162384	2.156376        GBP
10p ordinary	CFD	Short	86001	2.147        GBP
10p ordinary	CFD	Short	8259	2.1421328        GBP
10p ordinary	CFD	Short	190	2.154854        GBP
10p ordinary	CFD	Short	78239	2.16        GBP
10p ordinary	CFD	Short	117653	2.165811        GBP
10p ordinary	CFD	Short	33704	2.164354        GBP
10p ordinary	CFD	Short	29423	2.14537335        GBP
10p ordinary	CFD	Short	9531	2.14071241        GBP
10p ordinary	CFD	Short	2600	2.13754231        GBP
10p ordinary	CFD	Short	8774	2.14702684        GBP
10p ordinary	CFD	Short	29097	2.153862        GBP
10p ordinary	CFD	Short	24938	2.169        GBP
10p ordinary	CFD	Short	20713	2.15        GBP
10p ordinary	CFD	Short	7242	2.129        GBP
10p ordinary	CFD	Short	15845	2.165        GBP
10p ordinary	CFD	Short	7690	2.166        GBP
10p ordinary	CFD	Short	23115	2.161        GBP
10p ordinary	CFD	Short	54303	2.162        GBP
10p ordinary	CFD	Short	11200	2.169752        GBP
10p ordinary	CFD	Short	15245	2.172        GBP
10p ordinary	CFD	Short	2088	2.1605        GBP
10p ordinary	CFD	Short	949638	2.163117        GBP
10p ordinary	CFD	Short	140000	2.1629        GBP
10p ordinary	CFD	Short	8290	2.16151918        GBP
10p ordinary	CFD	Short	990	2.148449        GBP
10p ordinary	CFD	Short	3139	2.151204        GBP
10p ordinary	CFD	Short	1106	2.148221        GBP
10p ordinary	CFD	Short	663	2.15900452488688        GBP
10p ordinary	CFD	Short	49290	2.15953252        GBP
10p ordinary	CFD	Short	3355	2.14700149031297        GBP
10p ordinary	CFD	Short	3820	2.147525        GBP
10p ordinary	CFD	Short	51649	2.163        GBP
10p ordinary	CFD	Short	5973	2.1625        GBP
10p ordinary	CFD	Short	15519	2.164        GBP
10p ordinary	CFD	Short	4000	2.1655        GBP
10p ordinary	CFD	Short	13297	2.17        GBP
10p ordinary	CFD	Short	1650	2.177        GBP
10p ordinary	CFD	Short	12000	2.176        GBP
10p ordinary	CFD	Short	2000	2.1635        GBP
10p ordinary	CFD	Short	6000	2.168577        GBP
10p ordinary	CFD	Short	3698	2.1685        GBP
10p ordinary	CFD	Short	4485	2.167        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:	08 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