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

UBS AG (EPT)

25 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:	22 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	1752130	2.13310        GBP	2.12035        GBP
10p ordinary	Sell	8068822	2.13342        GBP	2.09690        GBP
CDI	Buy	3767495	4.11000 AUD	3.97070 AUD
CDI	Sell	3767495	4.11000 AUD	3.97070 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	4634	2.129581        GBP
10p ordinary	CFD	Long	118	2.1285        GBP
10p ordinary	CFD	Long	300000	2.1277964        GBP
10p ordinary	CFD	Long	142000	2.1293        GBP
10p ordinary	CFD	Long	581858	2.129732        GBP
10p ordinary	CFD	Long	200000	2.1303008        GBP
10p ordinary	CFD	Long	3000000	2.12762987        GBP
10p ordinary	CFD	Long	82616	2.12318038        GBP
10p ordinary	CFD	Long	1264	2.1295        GBP
10p ordinary	CFD	Long	2002	2.13        GBP
10p ordinary	CFD	Long	8141	2.13024647        GBP
10p ordinary	CFD	Long	10074	2.1302951        GBP
10p ordinary	CFD	Long	13762	2.130381        GBP
10p ordinary	CFD	Long	265390	4.08150835        AUD
10p ordinary	CFD	Long	2500000	2.13020088        GBP
10p ordinary	CFD	Long	200000	2.12780065        GBP
10p ordinary	CFD	Long	150000	2.129382        GBP
10p ordinary	CFD	Long	100000	2.129412        GBP
10p ordinary	CFD	Long	66299	2.12935        GBP
10p ordinary	CFD	Long	83701	2.130175        GBP
10p ordinary	CFD	Long	391	2.129573        GBP
10p ordinary	CFD	Long	10028	2.129577        GBP
10p ordinary	CFD	Long	112115	2.129        GBP
10p ordinary	CFD	Long	1200	2.1305        GBP
10p ordinary	CFD	Long	39616	2.12915755        GBP
10p ordinary	CFD	Long	7	2.129429        GBP
10p ordinary	CFD	Long	838	2.12889        GBP
10p ordinary	CFD	Short	37734	2.129        GBP
10p ordinary	CFD	Short	4352	2.129744        GBP
10p ordinary	CFD	Short	29204	2.129826        GBP
10p ordinary	CFD	Short	2410	2.129213        GBP
10p ordinary	CFD	Short	93484	2.12904004963416        GBP
10p ordinary	CFD	Short	9	2.12888888888889        GBP
10p ordinary	CFD	Short	200000	2.131129        GBP
10p ordinary	CFD	Short	271453	2.1331        GBP
10p ordinary	CFD	Short	48367	2.12904004796659        GBP
10p ordinary	CFD	Short	6	2.13        GBP
10p ordinary	CFD	Short	63313	2.13026066        GBP
10p ordinary	CFD	Short	67937	2.1297578        GBP
10p ordinary	CFD	Short	248	2.13011499        GBP
10p ordinary	CFD	Short	6822	2.127264        GBP
10p ordinary	CFD	Short	265390	4.115357        AUD
10p ordinary	CFD	Short	17884	2.1302432341758        GBP
10p ordinary	CFD	Short	37258	2.130417        GBP
10p ordinary	CFD	Short	1225	2.129827        GBP
10p ordinary	CFD	Short	5943	2.12903920578832        GBP
10p ordinary	CFD	Short	25080	2.12035207        GBP
10p ordinary	CFD	Short	265390	4.08150835        AUD
10p ordinary	CFD	Short	23729	2.1290812929327        GBP
10p ordinary	CFD	Short	36570	2.129134        GBP
10p ordinary	CFD	Short	142	2.131        GBP
10p ordinary	CFD	Short	116446	2.12957236        GBP
10p ordinary	CFD	Short	11839	2.129742        GBP
10p ordinary	CFD	Short	2203	2.13216069        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:	25 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