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

UBS AG (EPT)

27 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:	26 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	20735085	2.14000        GBP	2.13000        GBP
10p ordinary	Sell	317104	2.14000        GBP	2.12700        GBP
CDI	Buy	20517738	4.11120 AUD	4.10000 AUD
CDI	Sell	20517738	4.11120 AUD	4.10000 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	9702	2.13390435        GBP
10p ordinary	CFD	Long	16060	2.1323826        GBP
10p ordinary	CFD	Long	1840	2.13569        GBP
10p ordinary	CFD	Long	115999	2.139        GBP
10p ordinary	CFD	Long	3485	2.135288        GBP
10p ordinary	CFD	Long	2733	2.13513        GBP
10p ordinary	CFD	Long	628	2.136101        GBP
10p ordinary	CFD	Long	18200	2.13537692        GBP
10p ordinary	CFD	Long	11062	2.13900018079913        GBP
10p ordinary	CFD	Long	10317	2.13322279        GBP
10p ordinary	CFD	Long	6987	2.1330907        GBP
10p ordinary	CFD	Long	22141	2.133553        GBP
10p ordinary	CFD	Short	199804	2.139        GBP
10p ordinary	CFD	Short	3427	2.133999        GBP
10p ordinary	CFD	Short	1739	2.139109        GBP
10p ordinary	CFD	Short	6123	2.13251        GBP
10p ordinary	CFD	Short	278	2.13902674        GBP
10p ordinary	CFD	Short	58458	2.132        GBP
10p ordinary	CFD	Short	19833319	0.0        GBP
10p ordinary	CFD	Short	237428	2.13185238        GBP
10p ordinary	CFD	Short	8168	2.13337291870715        GBP
10p ordinary	CFD	Short	944	2.133025        GBP
10p ordinary	CFD	Short	94178	2.136044        GBP
10p ordinary	CFD	Short	2996	2.13904205607477        GBP
10p ordinary	CFD	Short	1820	2.13434065934066        GBP
10p ordinary	CFD	Short	447	2.134213        GBP
10p ordinary	CFD	Short	40154	2.134643        GBP
10p ordinary	CFD	Short	8592	2.134303        GBP
10p ordinary	CFD	Short	9476	2.13904073448713        GBP
10p ordinary	CFD	Short	5749	2.13434162463037        GBP
10p ordinary	CFD	Short	2807	2.13468471677948        GBP
10p ordinary	CFD	Short	23534	2.136061        GBP
10p ordinary	CFD	Short	9469	2.13904108142359        GBP
10p ordinary	CFD	Short	5745	2.13434116623151        GBP
10p ordinary	CFD	Short	15309	2.13904108694232        GBP
10p ordinary	CFD	Short	9289	2.13434061793519        GBP
10p ordinary	CFD	Short	10870	2.13904139834407        GBP
10p ordinary	CFD	Short	6595	2.13434116755118        GBP
10p ordinary	CFD	Short	6274	2.13904048453937        GBP
10p ordinary	CFD	Short	3808	2.13434086134454        GBP
10p ordinary	CFD	Short	2057	2.13904229460379        GBP
10p ordinary	CFD	Short	1249	2.13433947157726        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:	27 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