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

UBS AG (EPT)

06 June 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:	05 June 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	2920872	2.13404        GBP	2.13000        GBP
10p ordinary	Sell	104632	2.13404        GBP	2.13000        GBP
CDI	Buy	3204425	4.09396 AUD	4.07500 AUD
CDI	Sell	3240425	4.09396 AUD	4.07500 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	1047	2.13129513        GBP
10p ordinary	CFD	Long	52124	2.134        GBP
10p ordinary	CFD	Long	353	2.13273654280453        GBP
10p ordinary	CFD	Long	611	2.133998        GBP
10p ordinary	CFD	Long	1554	2.132        GBP
10p ordinary	CFD	Long	1628	2.13304545454545        GBP
10p ordinary	CFD	Long	1670	2.13222155670659        GBP
10p ordinary	CFD	Short	6644	2.134        GBP
10p ordinary	CFD	Short	22	2.133        GBP
10p ordinary	CFD	Short	23	2.13221739130435        GBP
10p ordinary	CFD	Short	4830	2.132        GBP
10p ordinary	CFD	Short	14303	2.13402667        GBP
10p ordinary	CFD	Short	21854	2.133171        GBP
10p ordinary	CFD	Short	315684	2.132853        GBP
10p ordinary	CFD	Short	2523006	0.0        GBP
10p ordinary	CFD	Short	11464	2.13399956385206        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:	06 June 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