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

UBS AG (EPT)

03 April 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:	02 April 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	1792524	2.18200        GBP	2.14600        GBP
10p ordinary	Sell	2848391	4.18202        AUD	2.15200        GBP
CDI	Buy	1937059	4.13023 AUD	4.10833 AUD
CDI	Sell	1937059	4.13023 AUD	4.10833 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	6716	2.15300029779631        GBP
10p ordinary	CFD	Long	1864	2.16875536        GBP
10p ordinary	CFD	Long	426855	2.172474        GBP
10p ordinary	CFD	Long	3862	2.15199896426722        GBP
10p ordinary	CFD	Long	60546	2.162        GBP
10p ordinary	CFD	Long	34666	2.164576        GBP
10p ordinary	CFD	Long	671974	2.163045        GBP
10p ordinary	CFD	Long	513	2.164133        GBP
10p ordinary	CFD	Long	17875	2.172081        GBP
10p ordinary	CFD	Long	23059	2.1730353        GBP
10p ordinary	CFD	Short	1307	2.165813        GBP
10p ordinary	CFD	Short	36806	2.162        GBP
10p ordinary	CFD	Short	31	2.15193548387097        GBP
10p ordinary	CFD	Short	37	2.15810810810811        GBP
10p ordinary	CFD	Short	35	2.164        GBP
10p ordinary	CFD	Short	327	2.165838        GBP
10p ordinary	CFD	Short	235	2.167428        GBP
10p ordinary	CFD	Short	63	2.158216        GBP
10p ordinary	CFD	Short	38	2.161317        GBP
10p ordinary	CFD	Short	17620	2.16296538024972        GBP
10p ordinary	CFD	Short	51126	2.1620027        GBP
10p ordinary	CFD	Short	34	2.166        GBP
10p ordinary	CFD	Short	29	2.15206896551724        GBP
10p ordinary	CFD	Short	4374	2.164336        GBP
10p ordinary	CFD	Short	4879	2.165841        GBP
10p ordinary	CFD	Short	524	2.16406488549618        GBP
10p ordinary	CFD	Short	551	2.15822141560799        GBP
10p ordinary	CFD	Short	853	2.15300117233294        GBP
10p ordinary	CFD	Short	458	2.15200873362445        GBP
10p ordinary	CFD	Short	5863	2.15300017056115        GBP
10p ordinary	CFD	Short	3344	2.15200059808612        GBP
10p ordinary	CFD	Short	39060	2.1659331797235        GBP
10p ordinary	CFD	Short	375	2.166053        GBP
10p ordinary	CFD	Short	1420	2.162106        GBP
10p ordinary	CFD	Short	11462	2.16604399560024        GBP
10p ordinary	CFD	Short	3507	2.167849        GBP
10p ordinary	CFD	Short	12608	2.168799        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:	03 April 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