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

UBS AG (EPT)

12 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:	11 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	1451618	2.14207        GBP	2.10000        GBP
10p ordinary	Sell	2513829	2.13000        GBP	2.10000        GBP
CDI	Buy	4625039	4.10218        AUD	2.71273       AUD
CDI	Sell	4625039	4.10218        AUD	2.71273       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	4069	2.11173507        GBP
10p ordinary	CFD	Long	3412	2.10674971        GBP
10p ordinary	CFD	Long	3063	2.12        GBP
10p ordinary	CFD	Long	72327	2.1058858        GBP
10p ordinary	CFD	Long	51637	2.11630226        GBP
10p ordinary	CFD	Long	195674	2.106        GBP
10p ordinary	CFD	Long	500000	4.08299888        AUD
10p ordinary	CFD	Long	13278	2.110365        GBP
10p ordinary	CFD	Long	150000	2.1244        GBP
10p ordinary	CFD	Long	150000	2.12405        GBP
10p ordinary	CFD	Long	68284	2.105        GBP
10p ordinary	CFD	Long	6912	2.1        GBP
10p ordinary	CFD	Long	255816	2.105464        GBP
10p ordinary	CFD	Long	94637	2.109205        GBP
10p ordinary	CFD	Long	6077	2.107        GBP
10p ordinary	CFD	Long	1865	2.108        GBP
10p ordinary	CFD	Long	106	2.11981132        GBP
10p ordinary	CFD	Long	19358	2.10616569        GBP
10p ordinary	CFD	Long	47205	2.121677        GBP
10p ordinary	CFD	Long	67328	2.115        GBP
10p ordinary	CFD	Long	11815	2.1104        GBP
10p ordinary	CFD	Long	3472	2.124        GBP
10p ordinary	CFD	Long	1097	2.10500455788514        GBP
10p ordinary	CFD	Long	16761	2.107413        GBP
10p ordinary	CFD	Long	146	2.104863        GBP
10p ordinary	CFD	Long	12149	2.105818        GBP
10p ordinary	CFD	Long	4034	2.106262        GBP
10p ordinary	CFD	Short	2	2.12        GBP
10p ordinary	CFD	Short	59048	2.1051        GBP
10p ordinary	CFD	Short	150000	2.107105        GBP
10p ordinary	CFD	Short	17714	2.10315        GBP
10p ordinary	CFD	Short	30145	2.10593        GBP
10p ordinary	CFD	Short	21216	2.105838        GBP
10p ordinary	CFD	Short	841	2.1062421        GBP
10p ordinary	CFD	Short	1831	2.105        GBP
10p ordinary	CFD	Short	100000	2.142075        GBP
10p ordinary	CFD	Short	153883	2.1171        GBP
10p ordinary	CFD	Short	434	2.106        GBP
10p ordinary	CFD	Short	215	2.1032        GBP
10p ordinary	CFD	Short	1098	2.1        GBP
10p ordinary	CFD	Short	56056	2.10536        GBP
10p ordinary	CFD	Short	13259	2.103416        GBP
10p ordinary	CFD	Short	1467	2.105079        GBP
10p ordinary	CFD	Short	67136	2.10500002        GBP
10p ordinary	CFD	Short	4293	2.105106        GBP
10p ordinary	CFD	Short	2119	2.1215        GBP
10p ordinary	CFD	Short	1881	2.105234        GBP
10p ordinary	CFD	Short	3277	2.106529        GBP
10p ordinary	CFD	Short	14063	2.113318        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:	12 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