Form 8.3 - Virgin Money UK plc

Societe Generale SA

06 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	05/09/2024
(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:	16,543,061	1.28	7,432	0.00
(2)  Cash-settled derivatives:	0	0.00	17,142	0.00
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	16,543,061	1.28	24,574	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	156	2.157
10p ordinary	Purchase	126	2.158
10p ordinary	Purchase	197	2.158
10p ordinary	Purchase	23	2.158
10p ordinary	Purchase	393	2.158
10p ordinary	Purchase	205	2.156
10p ordinary	Purchase	114	2.158
10p ordinary	Purchase	18	2.158
10p ordinary	Purchase	4	2.158
10p ordinary	Purchase	4	2.158
10p ordinary	Purchase	4	2.158
10p ordinary	Purchase	48	2.156
10p ordinary	Purchase	123	2.158
10p ordinary	Purchase	123	2.158
10p ordinary	Purchase	204	2.158
10p ordinary	Purchase	357	2.158
10p ordinary	Purchase	109	2.158
10p ordinary	Purchase	4	2.158
10p ordinary	Purchase	4	2.158
10p ordinary	Purchase	115	2.158
10p ordinary	Purchase	231	2.156
10p ordinary	Purchase	343	2.158
10p ordinary	Purchase	399	2.156
10p ordinary	Purchase	204	2.156
10p ordinary	Purchase	204	2.158
10p ordinary	Purchase	4	2.156
10p ordinary	Purchase	447	2.156
10p ordinary	Purchase	469	2.157
10p ordinary	Purchase	18	2.158
10p ordinary	Purchase	270	2.156
10p ordinary	Purchase	28	2.158
10p ordinary	Purchase	23	2.156
10p ordinary	Purchase	97	2.156
10p ordinary	Purchase	149	2.158
10p ordinary	Purchase	105	2.156
10p ordinary	Purchase	1,920	2.158
10p ordinary	Purchase	116	2.158
10p ordinary	Purchase	39	2.158
10p ordinary	Purchase	96	2.156
10p ordinary	Purchase	379	2.158
10p ordinary	Purchase	48	2.156
10p ordinary	Purchase	93	2.156
10p ordinary	Purchase	304	2.156
10p ordinary	Purchase	244	2.158
10p ordinary	Purchase	204	2.158
10p ordinary	Purchase	4	2.156
10p ordinary	Purchase	204	2.158
10p ordinary	Purchase	152	2.158
10p ordinary	Purchase	43	2.158
10p ordinary	Purchase	226	2.156
10p ordinary	Purchase	293	2.156
10p ordinary	Purchase	197	2.156
10p ordinary	Purchase	23	2.158
10p ordinary	Purchase	234	2.158
10p ordinary	Purchase	96	2.158
10p ordinary	Purchase	1,938	2.157
10p ordinary	Purchase	1,796	2.158
10p ordinary	Purchase	409	2.156
10p ordinary	Purchase	146	2.158
10p ordinary	Purchase	3,257	2.158
10p ordinary	Purchase	49	2.158
10p ordinary	Purchase	39	2.156
10p ordinary	Purchase	116	2.158
10p ordinary	Purchase	98	2.158
10p ordinary	Purchase	271	2.156
10p ordinary	Purchase	4	2.158
10p ordinary	Purchase	462	2.158
10p ordinary	Purchase	102	2.158
10p ordinary	Purchase	4	2.156
10p ordinary	Purchase	1,373	2.158
10p ordinary	Purchase	256	2.158
10p ordinary	Purchase	38	2.158
10p ordinary	Purchase	17	2.156
10p ordinary	Purchase	658	2.156
10p ordinary	Purchase	1,093	2.156
10p ordinary	Purchase	1,114	2.156
10p ordinary	Purchase	1,176	2.156
10p ordinary	Purchase	1,389	2.156
10p ordinary	Purchase	1,415	2.156
10p ordinary	Purchase	1,446	2.156
10p ordinary	Purchase	2,284	2.156
10p ordinary	Purchase	3,946	2.156
10p ordinary	Purchase	4,551	2.156
10p ordinary	Purchase	4,691	2.156
10p ordinary	Purchase	7,184	2.156
10p ordinary	Purchase	3,692	2.158
10p ordinary	Purchase	64	2.156
10p ordinary	Purchase	183	2.156
10p ordinary	Purchase	193	2.156
10p ordinary	Purchase	255	2.156
10p ordinary	Purchase	1,553	2.156
10p ordinary	Purchase	2,134	2.156
10p ordinary	Purchase	4,908	2.15592
10p ordinary	Purchase	13,286	2.156
10p ordinary	Purchase	30,964	2.156
10p ordinary	Sale	197	2.156
10p ordinary	Sale	198	2.156
10p ordinary	Sale	456	2.158
10p ordinary	Sale	197	2.156
10p ordinary	Sale	347	2.156
10p ordinary	Sale	197	2.156
10p ordinary	Sale	198	2.156
10p ordinary	Sale	198	2.156
10p ordinary	Sale	201	2.156
10p ordinary	Sale	200	2.156
10p ordinary	Sale	165	2.156
10p ordinary	Sale	198	2.156
10p ordinary	Sale	197	2.156
10p ordinary	Sale	197	2.154
10p ordinary	Sale	198	2.156
10p ordinary	Sale	2,140	2.156
10p ordinary	Sale	197	2.156
10p ordinary	Sale	198	2.156
10p ordinary	Sale	273	2.156
10p ordinary	Sale	560	2.156
10p ordinary	Sale	198	2.156
10p ordinary	Sale	328	2.156
10p ordinary	Sale	30,964	2.156
10p ordinary	Sale	13,286	2.156
10p ordinary	Sale	41	2.156
10p ordinary	Sale	1,683	2.156
10p ordinary	Sale	1,967	2.156
10p ordinary	Sale	2,538	2.156
10p ordinary	Sale	5,271	2.15777
10p ordinary	Sale	64	2.156
10p ordinary	Sale	193	2.156
10p ordinary	Sale	183	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 GBP
10p ordinary	CFD	Increasing a short position	3,453	2.15780908
10p ordinary	CFD	Increasing a short position	17,142	2.15780908
10p ordinary	CFD	Reducing a short position	3,785	2.155748156
10p ordinary	CFD	Reducing a short position	3,453	2.155748156

(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?

No

Date of disclosure:	06/09/2024
Contact name:	Paul Jenkins
Telephone number:	[phone]

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 [phone].

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

 

END