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

UBS AG (EPT)

15 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 connected to UBS
(d) Date dealing undertaken:	14 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"	YES

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	1297138	2.11015        GBP	2.09600       GBP
10p ordinary	Sell	604571	2.10500        GBP	2.09600       GBP
CDI	Buy	1004692	4.05000         AUD	4.04000         AUD
CDI	Sell	1004692	4.05000         AUD	4.04000         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	1508	2.101        GBP
10p ordinary	CFD	Long	4964	2.0990809        GBP
10p ordinary	CFD	Long	1320	2.10090151        GBP
10p ordinary	CFD	Long	1516	2.1007        GBP
10p ordinary	CFD	Long	6094	2.09999508        GBP
10p ordinary	CFD	Long	16309	2.100591        GBP
10p ordinary	CFD	Long	34595	2.100014        GBP
10p ordinary	CFD	Long	27137	2.10138034        GBP
10p ordinary	CFD	Long	2252	2.099694        GBP
10p ordinary	CFD	Long	3092	2.100402        GBP
10p ordinary	CFD	Long	1021	2.09937316        GBP
10p ordinary	CFD	Long	432	2.1005        GBP
10p ordinary	CFD	Long	1	2.1        GBP
10p ordinary	CFD	Long	6572	2.100161        GBP
10p ordinary	CFD	Long	4283	2.09851167        GBP
10p ordinary	CFD	Long	23547	2.099536        GBP
10p ordinary	CFD	Short	1382	2.09708683        GBP
10p ordinary	CFD	Short	194803	2.101        GBP
10p ordinary	CFD	Short	1624	2.0996609        GBP
10p ordinary	CFD	Short	5365	2.101001        GBP
10p ordinary	CFD	Short	19108	2.10102626        GBP
10p ordinary	CFD	Short	5471	2.100899        GBP
10p ordinary	CFD	Short	5314	2.100728        GBP
10p ordinary	CFD	Short	964	2.0985        GBP
10p ordinary	CFD	Short	118156	2.0991        GBP
10p ordinary	CFD	Short	8868	2.10075778        GBP
10p ordinary	CFD	Short	16916	2.10116694253961        GBP
10p ordinary	CFD	Short	4259	2.0995        GBP
10p ordinary	CFD	Short	18731	2.100555        GBP
10p ordinary	CFD	Short	143384	2.101053        GBP
10p ordinary	CFD	Short	162	2.10104938271605        GBP
10p ordinary	CFD	Short	776	2.100799        GBP
10p ordinary	CFD	Short	733	2.099994        GBP
10p ordinary	CFD	Short	182544	2.103101        GBP
10p ordinary	CFD	Short	27198	2.10015        GBP
10p ordinary	CFD	Short	1506	2.101535        GBP
10p ordinary	CFD	Short	192	2.11017708        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:	15 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