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

UBS AG (EPT)

28 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:	27 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	7632043	2.14000        GBP	2.13400        GBP
10p ordinary	Sell	190135	2.14900        GBP	2.13400        GBP
CDI	Buy	6941878	4.11366 AUD	4.10000 AUD
CDI	Sell	6941878	4.11366 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	4321	2.13815587        GBP
10p ordinary	CFD	Long	271	2.1385        GBP
10p ordinary	CFD	Long	8559	2.137049        GBP
10p ordinary	CFD	Long	19	2.138737        GBP
10p ordinary	CFD	Long	3698	2.1374609        GBP
10p ordinary	CFD	Long	24108	2.13823577        GBP
10p ordinary	CFD	Long	251	2.149        GBP
10p ordinary	CFD	Long	138074	2.136        GBP
10p ordinary	CFD	Long	1177	2.136525        GBP
10p ordinary	CFD	Short	6637756	0.0        GBP
10p ordinary	CFD	Short	12549	2.13604100007969        GBP
10p ordinary	CFD	Short	196372	2.136639        GBP
10p ordinary	CFD	Short	28431	2.136085        GBP
10p ordinary	CFD	Short	666	2.13500896483483        GBP
10p ordinary	CFD	Short	1475	2.136214        GBP
10p ordinary	CFD	Short	118	2.136778        GBP
10p ordinary	CFD	Short	25251	2.136704        GBP
10p ordinary	CFD	Short	3042	2.13747863247863        GBP
10p ordinary	CFD	Short	1086	2.13806629834254        GBP
10p ordinary	CFD	Short	8781	2.13615099988612        GBP
10p ordinary	CFD	Short	7762	2.13604099974233        GBP
10p ordinary	CFD	Short	1077	2.13501628413185        GBP
10p ordinary	CFD	Short	4918	2.13747864985767        GBP
10p ordinary	CFD	Short	878	2.13806378132118        GBP
10p ordinary	CFD	Short	14198	2.13615100014086        GBP
10p ordinary	CFD	Short	441	2.13501539984127        GBP
10p ordinary	CFD	Short	2015	2.13747890818859        GBP
10p ordinary	CFD	Short	360	2.13805555555556        GBP
10p ordinary	CFD	Short	5818	2.13615100034376        GBP
10p ordinary	CFD	Short	5142	2.13604099961105        GBP
10p ordinary	CFD	Short	19316	2.13664        GBP
10p ordinary	CFD	Short	144	2.13503524111111        GBP
10p ordinary	CFD	Short	661	2.13747352496218        GBP
10p ordinary	CFD	Short	119	2.13806722689076        GBP
10p ordinary	CFD	Short	4687	2.136151        GBP
10p ordinary	CFD	Short	13052	2.136041        GBP
10p ordinary	CFD	Short	431487	2.136        GBP
10p ordinary	CFD	Short	1075	2.1385        GBP
10p ordinary	CFD	Short	2121	2.135344        GBP
10p ordinary	CFD	Short	2561	2.136107        GBP
10p ordinary	CFD	Short	8518	2.138533        GBP
10p ordinary	CFD	Short	621	2.136854        GBP
10p ordinary	CFD	Short	9817	2.1371335438525        GBP
10p ordinary	CFD	Short	70577	2.136048        GBP
10p ordinary	CFD	Short	27054	2.137197        GBP
10p ordinary	CFD	Short	667	2.13500921245877        GBP
10p ordinary	CFD	Short	3044	2.1374802890933        GBP
10p ordinary	CFD	Short	8788	2.13615100022758        GBP
10p ordinary	CFD	Short	7768	2.13604100025747        GBP
10p ordinary	CFD	Short	209	2.13503058933014        GBP
10p ordinary	CFD	Short	962	2.13747401247401        GBP
10p ordinary	CFD	Short	173	2.13809248554913        GBP
10p ordinary	CFD	Short	39326	2.136022        GBP
10p ordinary	CFD	Short	765	2.1350172672549        GBP
10p ordinary	CFD	Short	3492	2.13747995418099        GBP
10p ordinary	CFD	Short	623	2.13805778491172        GBP
10p ordinary	CFD	Short	10081	2.1361509999008        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:	28 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