Form 8.3 - Virgin Money UK plc

Societe Generale SA

13 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	12/09/2024
(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:	16,592,931	1.28	13,495	0.00
(2)  Cash-settled derivatives:	6,063	0.00	0	0.00
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	16,598,994	1.28	13,495	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	46	2.168
10p ordinary	Purchase	46	2.168
10p ordinary	Purchase	196	2.17
10p ordinary	Purchase	45	2.17
10p ordinary	Purchase	45	2.17
10p ordinary	Purchase	147	2.17
10p ordinary	Purchase	1,431	2.17
10p ordinary	Purchase	19	2.17
10p ordinary	Purchase	133	2.17
10p ordinary	Purchase	26	2.17
10p ordinary	Purchase	38	2.17
10p ordinary	Purchase	196	2.17
10p ordinary	Purchase	81	2.168
10p ordinary	Purchase	1,402	2.168
10p ordinary	Purchase	195	2.17
10p ordinary	Purchase	136	2.168
10p ordinary	Purchase	306	2.168
10p ordinary	Purchase	133	2.17
10p ordinary	Purchase	45	2.168
10p ordinary	Purchase	36	2.17
10p ordinary	Purchase	45	2.17
10p ordinary	Purchase	38	2.168
10p ordinary	Purchase	31	2.168
10p ordinary	Purchase	107	2.168
10p ordinary	Purchase	131	2.168
10p ordinary	Purchase	98	2.168
10p ordinary	Purchase	195	2.17
10p ordinary	Purchase	151	2.168
10p ordinary	Purchase	63	2.168
10p ordinary	Purchase	20	2.17
10p ordinary	Purchase	45	2.168
10p ordinary	Purchase	46	2.17
10p ordinary	Purchase	30	2.17
10p ordinary	Purchase	843	2.168
10p ordinary	Purchase	312	2.17
10p ordinary	Purchase	212	2.17
10p ordinary	Purchase	47,521	2.17
10p ordinary	Purchase	1,387	2.168
10p ordinary	Purchase	3,183	2.168
10p ordinary	Purchase	3,713	2.168
10p ordinary	Purchase	500	2.17
10p ordinary	Purchase	503	2.17
10p ordinary	Purchase	1,418	2.168
10p ordinary	Purchase	1,611	2.16633
10p ordinary	Purchase	828	2.17
10p ordinary	Purchase	97	2.168
10p ordinary	Purchase	2,121	2.17
10p ordinary	Purchase	1,130	2.17
10p ordinary	Purchase	1,651	2.17
10p ordinary	Purchase	1,090	2.17
10p ordinary	Purchase	1,130	2.17
10p ordinary	Purchase	1,133	2.17
10p ordinary	Sale	90	2.168
10p ordinary	Sale	18	2.168
10p ordinary	Sale	45	2.168
10p ordinary	Sale	10	2.166
10p ordinary	Sale	94	2.166
10p ordinary	Sale	648	2.166
10p ordinary	Sale	62	2.168
10p ordinary	Sale	60	2.168
10p ordinary	Sale	87	2.168
10p ordinary	Sale	67	2.166
10p ordinary	Sale	12	2.168
10p ordinary	Sale	78	2.166
10p ordinary	Sale	78	2.166
10p ordinary	Sale	266	2.168
10p ordinary	Sale	282	2.166
10p ordinary	Sale	12	2.168
10p ordinary	Sale	80	2.168
10p ordinary	Sale	71	2.168
10p ordinary	Sale	58	2.168
10p ordinary	Sale	36	2.168
10p ordinary	Sale	47	2.168
10p ordinary	Sale	88	2.168
10p ordinary	Sale	77	2.166
10p ordinary	Sale	108	2.166
10p ordinary	Sale	16	2.166
10p ordinary	Sale	13	2.166
10p ordinary	Sale	90	2.166
10p ordinary	Sale	90	2.166
10p ordinary	Sale	82	2.168
10p ordinary	Sale	193	2.166
10p ordinary	Sale	2,508	2.17
10p ordinary	Sale	443	2.166
10p ordinary	Sale	133	2.168
10p ordinary	Sale	88	2.168
10p ordinary	Sale	105	2.168
10p ordinary	Sale	229	2.167
10p ordinary	Sale	78	2.166
10p ordinary	Sale	89	2.168
10p ordinary	Sale	269	2.166
10p ordinary	Sale	828	2.17
10p ordinary	Sale	226	2.1684

(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 long position	837	2.1676051
10p ordinary	CFD	Increasing a long position	6,063	2.1676051
10p ordinary	CFD	Reducing a long position	6,232	2.169315588
10p ordinary	CFD	Reducing a long position	837	2.169315588

(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:	13/09/2024
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