19 Jun 2018 10:38
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: | (GS) GOLDMAN SACHS INTERNATIONAL |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | CYBG PLC |
(c) Name of the party to the offer with which exempt principal trader is connected: | VIRGIN MONEY HOLDINGS (UK) PLC |
(d) Date dealing undertaken: | 18 June 2018 |
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A" | YES - disclosed previously for VIRGIN MONEY HOLDINGS (UK) PLC |
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 | Purchases | 1,142,437 | 3.1120 GBP | 2.9940 GBP |
10p ordinary | Sales | 4,616,226 | 3.1080 GBP | 2.9940 GBP |
Class of relevant security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
DR | Purchases | 1,438 | 5.4970 AUD | 5.4970 AUD |
DR | Sales | 1,438 | 5.4970 AUD | 5.4970 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 | Increasing a long position | 495 | 3.0038 GBP |
10p ordinary | CFD | Increasing a long position | 42 | 3.0038 GBP |
10p ordinary | CFD | Increasing a long position | 264 | 3.0038 GBP |
10p ordinary | CFD | Increasing a long position | 178 | 3.0038 GBP |
10p ordinary | CFD | Increasing a long position | 93 | 3.0038 GBP |
10p ordinary | CFD | Increasing a long position | 40 | 3.0038 GBP |
10p ordinary | CFD | Increasing a long position | 17 | 3.0038 GBP |
10p ordinary | CFD | Increasing a long position | 233 | 3.0038 GBP |
10p ordinary | CFD | Increasing a long position | 301 | 3.0038 GBP |
10p ordinary | CFD | Increasing a long position | 497 | 3.0038 GBP |
10p ordinary | CFD | Opening a long position | 1,432 | 3.0160 GBP |
10p ordinary | CFD | Increasing a long position | 2,762 | 3.0161 GBP |
10p ordinary | CFD | Increasing a long position | 4,548 | 3.0161 GBP |
10p ordinary | CFD | Increasing a long position | 2,443 | 3.0161 GBP |
10p ordinary | CFD | Increasing a long position | 392 | 3.0162 GBP |
10p ordinary | CFD | Increasing a long position | 4,631 | 3.0162 GBP |
10p ordinary | CFD | Increasing a long position | 379 | 3.0162 GBP |
10p ordinary | CFD | Increasing a long position | 160 | 3.0162 GBP |
10p ordinary | CFD | Increasing a long position | 2,188 | 3.0162 GBP |
10p ordinary | CFD | Increasing a long position | 885 | 3.0162 GBP |
10p ordinary | CFD | Reducing a long position | 24,116 | 3.0184 GBP |
10p ordinary | CFD | Increasing a long position | 9,501 | 3.0186 GBP |
10p ordinary | CFD | Increasing a long position | 4,357 | 3.0208 GBP |
10p ordinary | CFD | Increasing a long position | 832 | 3.0212 GBP |
10p ordinary | CFD | Increasing a long position | 12,611 | 3.0215 GBP |
10p ordinary | CFD | Increasing a long position | 2,011 | 3.0215 GBP |
10p ordinary | CFD | Increasing a long position | 23,475 | 3.0215 GBP |
10p ordinary | CFD | Increasing a long position | 14,239 | 3.0215 GBP |
10p ordinary | CFD | Increasing a long position | 24,664 | 3.0218 GBP |
10p ordinary | CFD | Increasing a long position | 2,113 | 3.0223 GBP |
10p ordinary | CFD | Increasing a long position | 4,906 | 3.0224 GBP |
10p ordinary | CFD | Increasing a long position | 12,170 | 3.0224 GBP |
10p ordinary | CFD | Opening a long position | 909,375 | 3.0225 GBP |
10p ordinary | CFD | Reducing a long position | 6,673 | 3.0237 GBP |
10p ordinary | CFD | Increasing a long position | 303,125 | 3.0270 GBP |
10p ordinary | CFD | Increasing a long position | 4,227 | 3.0274 GBP |
10p ordinary | CFD | Increasing a long position | 7,875 | 3.0275 GBP |
10p ordinary | CFD | Increasing a long position | 679 | 3.0275 GBP |
10p ordinary | CFD | Increasing a long position | 4,802 | 3.0276 GBP |
10p ordinary | CFD | Increasing a long position | 282 | 3.0282 GBP |
10p ordinary | CFD | Increasing a long position | 3,057 | 3.0287 GBP |
10p ordinary | CFD | Increasing a long position | 46,447 | 3.0289 GBP |
10p ordinary | CFD | Increasing a long position | 7,408 | 3.0289 GBP |
10p ordinary | CFD | Increasing a long position | 86,508 | 3.0289 GBP |
10p ordinary | CFD | Increasing a long position | 18,552 | 3.0289 GBP |
10p ordinary | CFD | Increasing a long position | 52,552 | 3.0290 GBP |
10p ordinary | CFD | Increasing a long position | 91,121 | 3.0297 GBP |
10p ordinary | CFD | Reducing a long position | 1 | 3.0300 GBP |
10p ordinary | CFD | Increasing a long position | 8,653 | 3.0302 GBP |
10p ordinary | CFD | Increasing a long position | 22,577 | 3.0304 GBP |
10p ordinary | CFD | Increasing a long position | 18,235 | 3.0308 GBP |
10p ordinary | CFD | Increasing a long position | 45,188 | 3.0308 GBP |
10p ordinary | CFD | Increasing a long position | 7,862 | 3.0308 GBP |
10p ordinary | CFD | Increasing a long position | 6,400 | 3.0314 GBP |
10p ordinary | CFD | Increasing a long position | 13,373 | 3.0322 GBP |
10p ordinary | CFD | Increasing a long position | 2,138 | 3.0322 GBP |
10p ordinary | CFD | Increasing a long position | 24,923 | 3.0322 GBP |
10p ordinary | CFD | Increasing a long position | 15,148 | 3.0323 GBP |
10p ordinary | CFD | Increasing a long position | 914 | 3.0329 GBP |
10p ordinary | CFD | Opening a long position | 303,125 | 3.0334 GBP |
10p ordinary | CFD | Opening a long position | 220,251 | 3.0334 GBP |
10p ordinary | CFD | Opening a long position | 82,874 | 3.0334 GBP |
10p ordinary | CFD | Increasing a long position | 1,823 | 3.0336 GBP |
10p ordinary | CFD | Increasing a long position | 4,529 | 3.0336 GBP |
10p ordinary | CFD | Increasing a long position | 781 | 3.0337 GBP |
10p ordinary | CFD | Increasing a long position | 300 | 3.0341 GBP |
10p ordinary | CFD | Increasing a long position | 27,610 | 3.0342 GBP |
10p ordinary | CFD | Increasing a long position | 4,518 | 3.0343 GBP |
10p ordinary | CFD | Increasing a long position | 8,412 | 3.0344 GBP |
10p ordinary | CFD | Increasing a long position | 723 | 3.0344 GBP |
10p ordinary | CFD | Increasing a long position | 5,116 | 3.0346 GBP |
10p ordinary | CFD | Increasing a long position | 8,888 | 3.0362 GBP |
10p ordinary | CFD | Increasing a long position | 2,524 | 3.0367 GBP |
10p ordinary | CFD | Increasing a long position | 14,584 | 3.0367 GBP |
10p ordinary | CFD | Increasing a long position | 5,881 | 3.0367 GBP |
10p ordinary | CFD | Increasing a long position | 764 | 3.0385 GBP |
10p ordinary | CFD | Increasing a long position | 1,782 | 3.0385 GBP |
10p ordinary | CFD | Increasing a long position | 4,424 | 3.0385 GBP |
10p ordinary | CFD | Opening a short position | 2,857 | 3.0390 GBP |
10p ordinary | CFD | Increasing a long position | 81 | 3.0400 GBP |
10p ordinary | CFD | Reducing a long position | 32,818 | 3.0400 GBP |
10p ordinary | CFD | Increasing a short position | 16,976 | 3.0403 GBP |
10p ordinary | CFD | Increasing a long position | 49 | 3.0406 GBP |
10p ordinary | CFD | Increasing a long position | 20 | 3.0408 GBP |
10p ordinary | CFD | Increasing a long position | 597 | 3.0411 GBP |
10p ordinary | CFD | Increasing a long position | 318 | 3.0414 GBP |
10p ordinary | CFD | Increasing a long position | 47 | 3.0414 GBP |
10p ordinary | CFD | Increasing a long position | 365 | 3.0415 GBP |
10p ordinary | CFD | Increasing a long position | 669 | 3.0430 GBP |
10p ordinary | CFD | Increasing a long position | 362 | 3.0448 GBP |
10p ordinary | CFD | Increasing a long position | 57 | 3.0449 GBP |
10p ordinary | CFD | Increasing a long position | 142 | 3.0451 GBP |
10p ordinary | CFD | Increasing a long position | 2,304 | 3.0518 GBP |
10p ordinary | CFD | Reducing a short position | 2,857 | 3.0566 GBP |
10p ordinary | CFD | Opening a long position | 424,375 | 3.0615 GBP |
10p ordinary | CFD | Increasing a long position | 489 | 3.0655 GBP |
10p ordinary | CFD | Reducing a long position | 261 | 3.0685 GBP |
10p ordinary | SWAP | Opening a long position | 122,361 | 3.0123 GBP |
10p ordinary | SWAP | Opening a long position | 246,689 | 3.0172 GBP |
10p ordinary | SWAP | Increasing a long position | 66,700 | 3.0291 GBP |
10p ordinary | SWAP | Increasing a long position | 12,800 | 3.0291 GBP |
10p ordinary | SWAP | Opening a long position | 130,950 | 3.0356 GBP |
10p ordinary | SWAP | Opening a long position | 304,132 | 3.0400 GBP |
10p ordinary | SWAP | Opening a long position | 12,545 | 3.0400 GBP |
10p ordinary | SWAP | Reducing a long position | 304,132 | 3.0400 GBP |
10p ordinary | SWAP | Opening a long position | 39,196 | 3.0400 GBP |
10p ordinary | SWAP | Reducing a long position | 39,196 | 3.0400 GBP |
10p ordinary | SWAP | Reducing a long position | 735,318 | 3.0400 GBP |
10p ordinary | SWAP | Reducing a long position | 1,980,999 | 3.0400 GBP |
10p ordinary | SWAP | Reducing a long position | 12,545 | 3.0400 GBP |
10p ordinary | SWAP | Reducing a long position | 196,439 | 3.0400 GBP |
10p ordinary | SWAP | Opening a long position | 196,439 | 3.0400 GBP |
10p ordinary | SWAP | Opening a long position | 735,318 | 3.0400 GBP |
10p ordinary | SWAP | Opening a long position | 1,980,999 | 3.0400 GBP |
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 |
DR | CFD | Increasing a short position | 8,851 | 5.4920 AUD |
DR | CFD | Reducing a long position | 2,117 | 5.4985 AUD |
DR | CFD | Increasing a long position | 69,195 | 5.5370 AUD |
DR | CFD | Increasing a long position | 291 | 5.5387 AUD |
DR | CFD | Increasing a long position | 270 | 5.5387 AUD |
DR | SWAP | Increasing a long position | 8,851 | 5.4920 AUD |
DR | SWAP | Opening a long position | 2,117 | 5.4985 AUD |
DR | SWAP | Reducing a long position | 5,688 | 5.5100 AUD |
DR | SWAP | Opening a long position | 2 | 5.5100 AUD |
DR | SWAP | Reducing a long position | 5,688 | 5.5100 AUD |
DR | SWAP | Reducing a short position | 2,117 | 5.5100 AUD |
DR | SWAP | Opening a long position | 573 | 5.5100 AUD |
DR | SWAP | Reducing a short position | 3,201 | 5.5100 AUD |
DR | SWAP | Reducing a long position | 573 | 5.5100 AUD |
DR | SWAP | Opening a short position | 3,201 | 5.5100 AUD |
DR | SWAP | Opening a long position | 5,688 | 5.5100 AUD |
DR | SWAP | Opening a long position | 79,521 | 5.5100 AUD |
DR | SWAP | Reducing a short position | 8,929 | 5.5100 AUD |
DR | SWAP | Reducing a long position | 2 | 5.5100 AUD |
DR | SWAP | Reducing a long position | 573 | 5.5100 AUD |
DR | SWAP | Opening a short position | 2 | 5.5100 AUD |
DR | SWAP | Reducing a long position | 79,521 | 5.5100 AUD |
DR | SWAP | Opening a short position | 8,929 | 5.5100 AUD |
DR | SWAP | Increasing a long position | 133,493 | 5.5100 AUD |
DR | SWAP | Opening a long position | 573 | 5.5100 AUD |
DR | SWAP | Opening a long position | 153,778 | 5.5100 AUD |
DR | SWAP | Reducing a short position | 8,929 | 5.5100 AUD |
DR | SWAP | Reducing a short position | 3,201 | 5.5100 AUD |
DR | SWAP | Opening a long position | 5,688 | 5.5100 AUD |
DR | SWAP | Opening a long position | 2 | 5.5100 AUD |
DR | SWAP | Reducing a short position | 2 | 5.5100 AUD |
DR | SWAP | Reducing a long position | 153,778 | 5.5100 AUD |
DR | SWAP | Opening a short position | 3,201 | 5.5100 AUD |
DR | SWAP | Reducing a long position | 153,778 | 5.5100 AUD |
DR | SWAP | Reducing a long position | 79,521 | 5.5100 AUD |
DR | SWAP | Opening a short position | 8,929 | 5.5100 AUD |
DR | SWAP | Opening a short position | 2 | 5.5100 AUD |
DR | SWAP | Reducing a short position | 2 | 5.5100 AUD |
DR | SWAP | Opening a long position | 79,521 | 5.5100 AUD |
DR | SWAP | Reducing a long position | 2 | 5.5100 AUD |
DR | SWAP | Reducing a long position | 2,117 | 5.5100 AUD |
DR | SWAP | Opening a long position | 153,778 | 5.5100 AUD |
DR | SWAP | Increasing a short position | 69,195 | 5.5370 AUD |
DR | SWAP | Increasing a short position | 561 | 5.5384 AUD |
(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: | 19 June 2018 |
| Contact name: | Kashif Rafiq and Papa Lette |
| Telephone number: | +44(20) 7051 0547 / +44(20) 7774 7442 |
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 monitoring@disclosure.org.uk. 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.