Virgin Money Uk Regulatory News (VMUK)

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:

Barclays PLC.

(b)

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

(c)

Name of offeror/offeree in relation to whose relevant securities this form relates:

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:

26 Sep 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?

NO

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(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:

22,093,856

1.70%

2,136,589

0.16%

(2) Cash-settled derivatives:

2,010,923

0.16%

20,369,183

1.57%

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

0

0.00%

0

0.00%

TOTAL: 

24,104,779

1.86%

22,505,772

1.74%

(b)

Rights to subscribe for new securities (including directors and other executive 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

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

10p ordinary

Purchase

600,181

2.1740 GBP

10p ordinary

Purchase

208,915

2.1738 GBP

10p ordinary

Purchase

101,739

2.1748 GBP

10p ordinary

Purchase

43,752

2.1744 GBP

10p ordinary

Purchase

42,396

2.1743 GBP

10p ordinary

Purchase

21,998

2.1760 GBP

10p ordinary

Purchase

18,635

2.1753 GBP

10p ordinary

Purchase

10,087

2.1750 GBP

10p ordinary

Purchase

200

2.1739 GBP

10p ordinary

Sale

366,336

2.1740 GBP

10p ordinary

Sale

22,280

2.1759 GBP

10p ordinary

Sale

8,460

2.1741 GBP

10p ordinary

Sale

6,959

2.1739 GBP

10p ordinary

Sale

4,421

2.1750 GBP

10p ordinary

Sale

2,855

2.1720 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

10p ordinary

SWAP

Decreasing Short

2,855

2.1720 GBP

10p ordinary

SWAP

Decreasing Short

43,134

2.1739 GBP

10p ordinary

SWAP

Decreasing Short

113,481

2.1740 GBP

10p ordinary

SWAP

Decreasing Short

8,460

2.1741 GBP

10p ordinary

SWAP

Increasing Short

3,561

2.1739 GBP

10p ordinary

SWAP

Increasing Short

620,459

2.1740 GBP

10p ordinary

SWAP

Increasing Short

25,896

2.1747 GBP

10p ordinary

SWAP

Increasing Short

101,739

2.1748 GBP

10p ordinary

SWAP

Increasing Short

21,701

2.1749 GBP

10p ordinary

SWAP

Increasing Short

18,635

2.1753 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class of relevant security

Product description

Writing, purchasing, selling, varying etc

Number of securities to which option relates

Exercise price per unit

Type

Expiry date

Option money paid/ received per unit

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings 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:

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 of future acquisition or disposal of any relevant securities to which any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

27 Sep 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213