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

UBS AG (EPT)

14 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:	13 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	1434298	2.11016        GBP	2.09199 GBP
10p ordinary	Sell	1325173	2.11000        GBP	2.09189        GBP
CDI	Buy	1659446	4.07000 AUD	4.03000 AUD
CDI	Sell	1659446	4.07000 AUD	4.03000 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	3765	2.105753        GBP
10p ordinary	CFD	Long	230020	2.092        GBP
10p ordinary	CFD	Long	9602	2.09197385        GBP
10p ordinary	CFD	Long	9835	2.09308083375699        GBP
10p ordinary	CFD	Long	22431	2.10066459        GBP
10p ordinary	CFD	Long	5843	2.091895        GBP
10p ordinary	CFD	Long	4073	2.10154923        GBP
10p ordinary	CFD	Long	50000	2.0979894        GBP
10p ordinary	CFD	Long	136	2.10383824        GBP
10p ordinary	CFD	Long	46042	2.098345        GBP
10p ordinary	CFD	Long	5294	2.10327918398187        GBP
10p ordinary	CFD	Long	742	2.10222372        GBP
10p ordinary	CFD	Long	50000	2.106224        GBP
10p ordinary	CFD	Long	53963	2.103086        GBP
10p ordinary	CFD	Long	50000	2.105155        GBP
10p ordinary	CFD	Long	50000	2.1053        GBP
10p ordinary	CFD	Long	50000	2.105931        GBP
10p ordinary	CFD	Long	50000	2.105398        GBP
10p ordinary	CFD	Long	150000	2.103696        GBP
10p ordinary	CFD	Long	6600	2.102        GBP
10p ordinary	CFD	Long	10619	2.10354        GBP
10p ordinary	CFD	Long	1207	2.10800331400166        GBP
10p ordinary	CFD	Long	1	2.106        GBP
10p ordinary	CFD	Long	124362	2.1054        GBP
10p ordinary	CFD	Long	1389	2.09222678        GBP
10p ordinary	CFD	Long	9737	2.09871000100031        GBP
10p ordinary	CFD	Long	6086	2.101875        GBP
10p ordinary	CFD	Short	880	2.099798        GBP
10p ordinary	CFD	Short	6936	2.105251        GBP
10p ordinary	CFD	Short	365084	2.092        GBP
10p ordinary	CFD	Short	867	2.09199538638985        GBP
10p ordinary	CFD	Short	1	2.1055        GBP
10p ordinary	CFD	Short	3013	2.10599734483903        GBP
10p ordinary	CFD	Short	1007	2.099662        GBP
10p ordinary	CFD	Short	3825	2.104885        GBP
10p ordinary	CFD	Short	28795	2.105559        GBP
10p ordinary	CFD	Short	11517	2.104437        GBP
10p ordinary	CFD	Short	4464	2.104603        GBP
10p ordinary	CFD	Short	8052	2.09202615        GBP
10p ordinary	CFD	Short	347	2.1039308        GBP
10p ordinary	CFD	Short	3009	2.11016052        GBP
10p ordinary	CFD	Short	734610	0.0        AUD
10p ordinary	CFD	Short	7046	2.106008        GBP
10p ordinary	CFD	Short	8230	2.101599        GBP
10p ordinary	CFD	Short	1613	2.105558        GBP
10p ordinary	CFD	Short	3683	2.09200001        GBP
10p ordinary	CFD	Short	11552	2.105331        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:	14 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