Form 8.3 - Virgin Money UK plc

Societe Generale SA
05 September 2024
 

FORM 8.3

 

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY         

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")

 

1.         KEY INFORMATION

 

(a) Full name of discloser:

SOCIETE GENERALE SA

(b) Owner or controller of interests and short positions disclosed, if different from 1(a):

     The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.


(c) 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

(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:


(e) Date position held/dealing undertaken:

     For an opening position disclosure, state the latest practicable date prior to the disclosure

04/09/2024

(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

     If it is a cash offer or possible cash offer, state "N/A"

NA

 

 

2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

 

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

 

(a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

 

Class of relevant security:

10p ordinary

 

 

Interests

Short positions

Number

%

Number

%

(1)  Relevant securities owned and/or controlled:

16,497,869

1.27

7,603

0.00

(2)  Cash-settled derivatives:

 

0

0.00

3,785

0.00

(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:

0

0.00

0

0.00

TOTAL:

16,497,869

1.27

11,388

0.00

   

 

 

 

 

               

 

 

All interests and all short positions should be disclosed.

 

 

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

 

(b)        Rights to subscribe for new securities (including directors' and other employee options)

 

Class of relevant security in relation to which subscription right exists:


Details, including nature of the rights concerned and relevant percentages:


 

 

3.         DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

 

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(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

Purchase/sale

Number of securities

Price per unit

GBP

10p ordinary

Purchase

4,180

2.156

10p ordinary

Purchase

137

2.156

10p ordinary

Purchase

6,400,000

2.158

10p ordinary

Sale

19

2.156

10p ordinary

Sale

20

2.156

10p ordinary

Sale

83

2.156

10p ordinary

Sale

30

2.156

10p ordinary

Sale

79

2.156

10p ordinary

Sale

376

2.157

10p ordinary

Sale

36

2.156

10p ordinary

Sale

168

2.156

10p ordinary

Sale

18

2.156

10p ordinary

Sale

283

2.156

10p ordinary

Sale

95

2.156

10p ordinary

Sale

73

2.156

10p ordinary

Sale

108

2.156

10p ordinary

Sale

135

2.156

10p ordinary

Sale

5

2.156

10p ordinary

Sale

18

2.156

10p ordinary

Sale

137

2.156

10p ordinary

Sale

85

2.156

10p ordinary

Sale

19

2.156

10p ordinary

Sale

180

2.156

10p ordinary

Sale

54

2.156

10p ordinary

Sale

100

2.156

10p ordinary

Sale

19

2.156

10p ordinary

Sale

26

2.156

10p ordinary

Sale

29

2.156

10p ordinary

Sale

408

2.156

10p ordinary

Sale

1,072

2.158

10p ordinary

Sale

313

2.156

10p ordinary

Sale

570

2.156

10p ordinary

Sale

1,289

2.156

10p ordinary

Sale

92

2.156

10p ordinary

Sale

120

2.156

10p ordinary

Sale

159

2.156

10p ordinary

Sale

189

2.156

10p ordinary

Sale

261

2.156

10p ordinary

Sale

262

2.156

10p ordinary

Sale

265

2.156

10p ordinary

Sale

265

2.156

10p ordinary

Sale

266

2.156

10p ordinary

Sale

267

2.156

10p ordinary

Sale

268

2.156

10p ordinary

Sale

271

2.156

10p ordinary

Sale

272

2.156

10p ordinary

Sale

274

2.156

10p ordinary

Sale

274

2.156

10p ordinary

Sale

277

2.156

10p ordinary

Sale

277

2.156

10p ordinary

Sale

279

2.156

10p ordinary

Sale

280

2.156

10p ordinary

Sale

281

2.156

10p ordinary

Sale

282

2.156

10p ordinary

Sale

282

2.156

10p ordinary

Sale

285

2.156

10p ordinary

Sale

289

2.156

10p ordinary

Sale

291

2.156

10p ordinary

Sale

292

2.156

10p ordinary

Sale

305

2.156

10p ordinary

Sale

576

2.156

10p ordinary

Sale

579

2.156

10p ordinary

Sale

2,750

2.156

10p ordinary

Sale

4,702

2.156

10p ordinary

Sale

5,298

2.156

10p ordinary

Sale

1,093

2.158

10p ordinary

Sale

1,049

2.158

10p ordinary

Sale

1,049

2.158

10p ordinary

Sale

2,436

2.156

 

(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 USD

10p ordinary

CFD

Reducing a short position

3,675

2.156362211

               

 

 

 

(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)

 

 

4.         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 person 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 person 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

 

 

(c)        Attachments

 

Is a Supplemental Form 8 (Open Positions) attached?

YES

 

 

Date of disclosure:

05/09/2024

Contact name:

Paul Jenkins

Telephone number:

+44 20 7676 6969

 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

 

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

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

 

 



 

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

 

DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the "Code")

 

 

1.         KEY INFORMATION

 

Full name of person making disclosure:

SOCIETE GENERALE SA

Name of offeror/offeree in relation to whose relevant securities the disclosure relates:

International Paper Company

 

2.         STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)

 

Class of relevant security

Product description e.g. call option

Written or purchased

Number of securities to which option or derivative relates

Exercise price per unit USD

Type

e.g. American, European etc.

Expiry date

common stock

Listed Put Option

Written

17,200

25

American

17/01/2025

 

3.         AGREEMENTS TO PURCHASE OR SELL ETC.

 

Full details should be given so that the nature of the interest or position can be fully understood:

 

 

 

 

 

 

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.

 

The currency of all prices and other monetary amounts should be stated.

 

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

 

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

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings