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

GoldmanSachs International

13 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:	(GS) GOLDMAN SACHS INTERNATIONAL
(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:	12 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 the offer?      If it is a cash offer or possible cash offer, state "N/A"	N/A

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	Purchases	866,250	2.1150 GBP	2.1040 GBP
10p ordinary	Sales	644,939	2.1170 GBP	2.1000 GBP

Class of relevant security	Purchases/ sales	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
DR	Purchases	153,777	4.0627 AUD	4.0627 AUD
DR	Sales	153,777	4.0627 AUD	4.0627 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	Increasing a long position	32,685	2.1040 GBP
10p ordinary	CFD	Reducing a long position	46,891	2.1042 GBP
10p ordinary	CFD	Opening a short position	40	2.1055 GBP
10p ordinary	CFD	Opening a short position	574	2.1056 GBP
10p ordinary	CFD	Opening a short position	214	2.1056 GBP
10p ordinary	CFD	Opening a short position	38	2.1057 GBP
10p ordinary	CFD	Increasing a short position	24,367	2.1062 GBP
10p ordinary	CFD	Increasing a long position	109,140	2.1070 GBP
10p ordinary	CFD	Reducing a short position	2,429	2.1073 GBP
10p ordinary	CFD	Increasing a long position	9,631	2.1074 GBP
10p ordinary	CFD	Increasing a long position	9,632	2.1084 GBP
10p ordinary	CFD	Opening a short position	104,822	2.1086 GBP
10p ordinary	CFD	Opening a short position	7,149	2.1086 GBP
10p ordinary	CFD	Opening a short position	39,204	2.1086 GBP
10p ordinary	CFD	Opening a short position	7,136	2.1086 GBP
10p ordinary	CFD	Increasing a short position	71,100	2.1099 GBP

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
DR	CFD	Reducing a long position	25,693	4.0583 AUD
DR	CFD	Opening a long position	25,693	4.0583 AUD
DR	CFD	Reducing a short position	9,135	4.0606 AUD
DR	CFD	Reducing a short position	11,003	4.0606 AUD
DR	CFD	Reducing a long position	20,138	4.0615 AUD
DR	CFD	Increasing a short position	7,202	4.0624 AUD
DR	CFD	Opening a long position	22,577	4.0651 AUD
DR	CFD	Increasing a short position	51	4.0656 AUD
DR	CFD	Opening a short position	7,399	4.0751 AUD
DR	CFD	Reducing a short position	25,693	4.0900 AUD
DR	CFD	Reducing a long position	25,693	4.0900 AUD

(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:	13 March 2024
Contact name:	Papa Lette and Andrzej Szyszka
Telephone number:	[phone] / [phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END