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

UBS AG (EPT)
26 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 connected to UBS

(d) Date dealing undertaken:

            25 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"

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

 

558083

2.15000        GBP

2.14099        GBP

10p ordinary

Sell

 

297842

2.15000        GBP

2.14000        GBP

CDI

Buy

 

0

0.00000

AUD

0.00000

AUD

CDI

Sell

 

0

0.00000

AUD

0.00000

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

52929

4.1308165        AUD

10p ordinary

CFD

 

Long

10049

2.15        GBP

10p ordinary

CFD

 

Long

1586

2.141936        GBP

10p ordinary

CFD

 

Long

53949

2.14995903538527        GBP

10p ordinary

CFD

 

Long

741

2.14778677462888        GBP

10p ordinary

CFD

 

Long

10087

2.145295        GBP

10p ordinary

CFD

 

Long

4023

2.142913        GBP

10p ordinary

CFD

 

Long

37809

2.143873        GBP

10p ordinary

CFD

 

Long

7419

2.142995        GBP

10p ordinary

CFD

 

Long

3327

2.14195265267508        GBP

10p ordinary

CFD

 

Long

5

2.144        GBP

10p ordinary

CFD

 

Long

2093

2.14163306447205        GBP

10p ordinary

CFD

 

Long

3596

2.142        GBP

10p ordinary

CFD

 

Long

292

2.14286301        GBP

10p ordinary

CFD

 

Long

1997

2.14216725087631        GBP

10p ordinary

CFD

 

Long

692

2.14046531791908        GBP

10p ordinary

CFD

 

Long

1235

2.14132794        GBP

10p ordinary

CFD

 

Long

1700

2.1465889989        GBP

10p ordinary

CFD

 

Long

24426

2.14910185594039        GBP

10p ordinary

CFD

 

Long

29

2.14793103448276        GBP

10p ordinary

CFD

 

Long

1640

2.14995731707317        GBP

10p ordinary

CFD

 

Long

111

2.142914        GBP

10p ordinary

CFD

 

Long

205

2.142986        GBP

10p ordinary

CFD

 

Long

130

2.14195219615385        GBP

10p ordinary

CFD

 

Long

24657

2.14995903800138        GBP

10p ordinary

CFD

 

Long

338

2.14778106508876        GBP

10p ordinary

CFD

 

Long

1520

2.14195124473684        GBP

10p ordinary

CFD

 

Short

308006

2.15        GBP

10p ordinary

CFD

 

Short

3

2.144        GBP

10p ordinary

CFD

 

Short

483

2.146323        GBP

10p ordinary

CFD

 

Short

40131

2.14766484762403        GBP

10p ordinary

CFD

 

Short

1092

2.146128        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:

26 April 2024

Contact name:

Richard Howard

Telephone number:

+44 (0)207 568 9128

 

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 monitoring@disclosure.org.uk

 

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

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