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

UBS AG (EPT)

22 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:	21 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	4923025	2.13806        GBP	2.12045        GBP
10p ordinary	Sell	6709278	2.13806        GBP	2.08410        GBP
CDI	Buy	3530510	4.11500 AUD	3.93592 AUD
CDI	Sell	3530510	4.11500 AUD	3.93592 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	190705	2.0841        GBP
10p ordinary	CFD	Long	1061	2.13150895        GBP
10p ordinary	CFD	Long	947535	2.129868        GBP
10p ordinary	CFD	Long	4949	2.12        GBP
10p ordinary	CFD	Long	6962	2.13499999        GBP
10p ordinary	CFD	Long	13164	2.125364        GBP
10p ordinary	CFD	Long	2632	2.126        GBP
10p ordinary	CFD	Long	150000	2.126113        GBP
10p ordinary	CFD	Long	50000	2.123359        GBP
10p ordinary	CFD	Long	350000	2.133429        GBP
10p ordinary	CFD	Long	4719	2.132942        GBP
10p ordinary	CFD	Long	5532	2.132922        GBP
10p ordinary	CFD	Long	11857	2.132995        GBP
10p ordinary	CFD	Long	679	2.13243726        GBP
10p ordinary	CFD	Long	23339	2.13167908        GBP
10p ordinary	CFD	Long	3168	2.13053661616162        GBP
10p ordinary	CFD	Long	2249	2.12967096487328        GBP
10p ordinary	CFD	Long	100000	2.134392        GBP
10p ordinary	CFD	Long	2400000	2.131293        GBP
10p ordinary	CFD	Long	7580	2.135        GBP
10p ordinary	CFD	Long	10	2.133        GBP
10p ordinary	CFD	Long	1804	2.136        GBP
10p ordinary	CFD	Long	142	2.134        GBP
10p ordinary	CFD	Long	7480	2.132005        GBP
10p ordinary	CFD	Long	28055	2.13497331        GBP
10p ordinary	CFD	Long	9528	2.127787        GBP
10p ordinary	CFD	Long	7403	2.12697285        GBP
10p ordinary	CFD	Long	7249	2.127907        GBP
10p ordinary	CFD	Long	4447	2.12497639        GBP
10p ordinary	CFD	Long	2858	2.13723723        GBP
10p ordinary	CFD	Long	8710	2.132186        GBP
10p ordinary	CFD	Long	2731	2.1322402        GBP
10p ordinary	CFD	Long	6971	2.13375111        GBP
10p ordinary	CFD	Long	1510	2.1355139        GBP
10p ordinary	CFD	Long	1496	2.1355        GBP
10p ordinary	CFD	Short	18669	2.124        GBP
10p ordinary	CFD	Short	7347	2.125        GBP
10p ordinary	CFD	Short	44547	2.125354        GBP
10p ordinary	CFD	Short	3949	2.13        GBP
10p ordinary	CFD	Short	5961	2.126        GBP
10p ordinary	CFD	Short	2099	2.1275        GBP
10p ordinary	CFD	Short	12569	2.127        GBP
10p ordinary	CFD	Short	8412	2.129        GBP
10p ordinary	CFD	Short	7153	2.128        GBP
10p ordinary	CFD	Short	500863	2.127052        GBP
10p ordinary	CFD	Short	15342	2.131491        GBP
10p ordinary	CFD	Short	170284	2.134685        GBP
10p ordinary	CFD	Short	6458	2.13255961598018        GBP
10p ordinary	CFD	Short	2967	2.12784293899562        GBP
10p ordinary	CFD	Short	908	2.12854625550661        GBP
10p ordinary	CFD	Short	617665	2.127877        GBP
10p ordinary	CFD	Short	4123	2.131436        GBP
10p ordinary	CFD	Short	2259	2.128529        GBP
10p ordinary	CFD	Short	231	2.12519622982684        GBP
10p ordinary	CFD	Short	79	2.124261        GBP
10p ordinary	CFD	Short	2796	2.12855507868383        GBP
10p ordinary	CFD	Short	62263	2.131425        GBP
10p ordinary	CFD	Short	28422	2.128528        GBP
10p ordinary	CFD	Short	1494	2.12520874742972        GBP
10p ordinary	CFD	Short	216	2.124131        GBP
10p ordinary	CFD	Short	9413	2.12784234569213        GBP
10p ordinary	CFD	Short	500000	2.131        GBP
10p ordinary	CFD	Short	24920	2.12045506        GBP
10p ordinary	CFD	Short	5072	2.12705915        GBP
10p ordinary	CFD	Short	17989	2.134546        GBP
10p ordinary	CFD	Short	8137	2.13490967186924        GBP
10p ordinary	CFD	Short	139107	2.135        GBP
10p ordinary	CFD	Short	2696	2.1334269972997        GBP
10p ordinary	CFD	Short	2549	2.1330730026991        GBP
10p ordinary	CFD	Short	2110	2.135109        GBP
10p ordinary	CFD	Short	912	2.13511        GBP
10p ordinary	CFD	Short	26892	2.130664        GBP
10p ordinary	CFD	Short	18758	2.13502669        GBP
10p ordinary	CFD	Short	7661	2.132186        GBP
10p ordinary	CFD	Short	261	2.133927        GBP
10p ordinary	CFD	Short	9406	2.12784286625558        GBP
10p ordinary	CFD	Short	2793	2.12855352667383        GBP
10p ordinary	CFD	Short	11873	2.128527        GBP
10p ordinary	CFD	Short	218	2.124146        GBP
10p ordinary	CFD	Short	15210	2.12784220907298        GBP
10p ordinary	CFD	Short	4521	2.12855341738553        GBP
10p ordinary	CFD	Short	1207	2.12521197492129        GBP
10p ordinary	CFD	Short	351	2.124125        GBP
10p ordinary	CFD	Short	6232	2.12784338896021        GBP
10p ordinary	CFD	Short	1849	2.12855597620335        GBP
10p ordinary	CFD	Short	8657	2.131426        GBP
10p ordinary	CFD	Short	495	2.12520777383838        GBP
10p ordinary	CFD	Short	146	2.12414        GBP
10p ordinary	CFD	Short	1868	2.133196        GBP
10p ordinary	CFD	Short	10801	2.12784279233404        GBP
10p ordinary	CFD	Short	3207	2.12855628313065        GBP
10p ordinary	CFD	Short	857	2.12520602943991        GBP
10p ordinary	CFD	Short	247	2.124114        GBP
10p ordinary	CFD	Short	2039	2.12784207945071        GBP
10p ordinary	CFD	Short	615	2.12855284552846        GBP
10p ordinary	CFD	Short	2837	2.131428        GBP
10p ordinary	CFD	Short	160	2.12518189        GBP
10p ordinary	CFD	Short	54	2.124368        GBP
10p ordinary	CFD	Short	146	2.12619178        GBP
10p ordinary	CFD	Short	930	2.133875        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:	22 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