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

UBS AG (EPT)

23 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:	22 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	485011	2.14899        GBP	2.14299        GBP
10p ordinary	Sell	410862	2.15000        GBP	2.14299        GBP
CDI	Buy	353961	4.13913 AUD	4.13000 AUD
CDI	Sell	353961	4.13913 AUD	4.13000 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	620	2.147785        GBP
10p ordinary	CFD	Long	2818	2.144381        GBP
10p ordinary	CFD	Long	6	2.146667        GBP
10p ordinary	CFD	Long	2305	2.147        GBP
10p ordinary	CFD	Long	3699	2.147605        GBP
10p ordinary	CFD	Long	164	2.14701219512195        GBP
10p ordinary	CFD	Long	90	2.145889        GBP
10p ordinary	CFD	Long	123	2.1469918699187        GBP
10p ordinary	CFD	Long	3477	2.145959        GBP
10p ordinary	CFD	Long	5691	2.14735800035143        GBP
10p ordinary	CFD	Long	605	2.147466        GBP
10p ordinary	CFD	Long	10031	2.147872        GBP
10p ordinary	CFD	Long	15007	2.14595899980009        GBP
10p ordinary	CFD	Long	4114	2.14700048614487        GBP
10p ordinary	CFD	Long	15020	2.147464        GBP
10p ordinary	CFD	Long	1881	2.14700159489633        GBP
10p ordinary	CFD	Long	1406	2.14699857752489        GBP
10p ordinary	CFD	Long	269	2.147358        GBP
10p ordinary	CFD	Long	1037	2.1463269        GBP
10p ordinary	CFD	Long	3076	2.14699934980494        GBP
10p ordinary	CFD	Long	12552	2.146969910529        GBP
10p ordinary	CFD	Long	12302	2.14599983742481        GBP
10p ordinary	CFD	Long	607	2.1469717246458        GBP
10p ordinary	CFD	Long	513	2.14563938        GBP
10p ordinary	CFD	Short	51432	4.11304506        AUD
10p ordinary	CFD	Short	86354	2.146        GBP
10p ordinary	CFD	Short	9495	2.1461        GBP
10p ordinary	CFD	Short	8915	2.14692294        GBP
10p ordinary	CFD	Short	3751	2.14700079978672        GBP
10p ordinary	CFD	Short	508	2.14700787401575        GBP
10p ordinary	CFD	Short	5016	2.14699960127592        GBP
10p ordinary	CFD	Short	680	2.147        GBP
10p ordinary	CFD	Short	7190	2.14565146        GBP
10p ordinary	CFD	Short	346	2.14699421965318        GBP
10p ordinary	CFD	Short	463	2.14699784017279        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:	23 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