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

UBS AG (EPT)

30 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:	29 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	1025532	4.09000        GBP	2.14000        GBP
10p ordinary	Sell	382269	2.14505        GBP	2.14000        GBP
CDI	Buy	1227576	4.09000 AUD	4.08000 AUD
CDI	Sell	1227576	4.09000 AUD	4.08000 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	1293	2.141        GBP
10p ordinary	CFD	Long	28140	2.141333        GBP
10p ordinary	CFD	Long	2708	2.141786        GBP
10p ordinary	CFD	Long	1	2.14        GBP
10p ordinary	CFD	Long	2592	2.14204475308642        GBP
10p ordinary	CFD	Long	14051	2.14202405522739        GBP
10p ordinary	CFD	Long	53036	2.14240402745305        GBP
10p ordinary	CFD	Long	70538	2.14395900082225        GBP
10p ordinary	CFD	Long	345	2.14266121304348        GBP
10p ordinary	CFD	Long	33667	2.144        GBP
10p ordinary	CFD	Long	159	2.14267597924528        GBP
10p ordinary	CFD	Long	32241	2.14395893427623        GBP
10p ordinary	CFD	Long	6422	2.14202429149798        GBP
10p ordinary	CFD	Long	1184	2.14204391891892        GBP
10p ordinary	CFD	Long	24242	2.14240409207161        GBP
10p ordinary	CFD	Long	3553	2.14079700996341        GBP
10p ordinary	CFD	Long	39494	2.1439331544032        GBP
10p ordinary	CFD	Long	19275	2.14287719844358        GBP
10p ordinary	CFD	Long	3228	2.14238878553594        GBP
10p ordinary	CFD	Long	3732	2.14146114970257        GBP
10p ordinary	CFD	Long	154	2.142        GBP
10p ordinary	CFD	Short	6	2.14        GBP
10p ordinary	CFD	Short	460	2.14308        GBP
10p ordinary	CFD	Short	1162	2.143398        GBP
10p ordinary	CFD	Short	200000	4.10235104        AUD
10p ordinary	CFD	Short	400000	4.09        AUD
10p ordinary	CFD	Short	400000	2.143141        GBP
10p ordinary	CFD	Short	13702	2.144        GBP
10p ordinary	CFD	Short	1999	2.143039        GBP
10p ordinary	CFD	Short	88	2.14325        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:	30 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