Last checked at 23 Apr 2024 11:38
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: | UBS Investment Bank, London |
(b) 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 |
(c) Name of the party to the offer with which exempt principal trader is connected: | Nationwide Building Society |
(d) Date dealing undertaken: | 22 April 2024 |
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A" | NO |
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 | Buy
| 485011 | 2.14899 GBP | 2.14299 GBP |
10p ordinary | Sell
| 410862 | 2.15000 GBP | 2.14299 GBP |
CDI | Buy
| 353961 | 4.13913 AUD | 4.13000 AUD |
CDI | Sell
| 353961 | 4.13913 AUD | 4.13000 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
| Long | 620 | 2.147785 GBP |
10p ordinary | CFD
| Long | 2818 | 2.144381 GBP |
10p ordinary | CFD
| Long | 6 | 2.146667 GBP |
10p ordinary | CFD
| Long | 2305 | 2.147 GBP |
10p ordinary | CFD
| Long | 3699 | 2.147605 GBP |
10p ordinary | CFD
| Long | 164 | 2.14701219512195 GBP |
10p ordinary | CFD
| Long | 90 | 2.145889 GBP |
10p ordinary | CFD
| Long | 123 | 2.1469918699187 GBP |
10p ordinary | CFD
| Long | 3477 | 2.145959 GBP |
10p ordinary | CFD
| Long | 5691 | 2.14735800035143 GBP |
10p ordinary | CFD
| Long | 605 | 2.147466 GBP |
10p ordinary | CFD
| Long | 10031 | 2.147872 GBP |
10p ordinary | CFD
| Long | 15007 | 2.14595899980009 GBP |
10p ordinary | CFD
| Long | 4114 | 2.14700048614487 GBP |
10p ordinary | CFD
| Long | 15020 | 2.147464 GBP |
10p ordinary | CFD
| Long | 1881 | 2.14700159489633 GBP |
10p ordinary | CFD
| Long | 1406 | 2.14699857752489 GBP |
10p ordinary | CFD
| Long | 269 | 2.147358 GBP |
10p ordinary | CFD
| Long | 1037 | 2.1463269 GBP |
10p ordinary | CFD
| Long | 3076 | 2.14699934980494 GBP |
10p ordinary | CFD
| Long | 12552 | 2.146969910529 GBP |
10p ordinary | CFD
| Long | 12302 | 2.14599983742481 GBP |
10p ordinary | CFD
| Long | 607 | 2.1469717246458 GBP |
10p ordinary | CFD
| Long | 513 | 2.14563938 GBP |
10p ordinary | CFD
| Short | 51432 | 4.11304506 AUD |
10p ordinary | CFD
| Short | 86354 | 2.146 GBP |
10p ordinary | CFD
| Short | 9495 | 2.1461 GBP |
10p ordinary | CFD
| Short | 8915 | 2.14692294 GBP |
10p ordinary | CFD
| Short | 3751 | 2.14700079978672 GBP |
10p ordinary | CFD
| Short | 508 | 2.14700787401575 GBP |
10p ordinary | CFD
| Short | 5016 | 2.14699960127592 GBP |
10p ordinary | CFD
| Short | 680 | 2.147 GBP |
10p ordinary | CFD
| Short | 7190 | 2.14565146 GBP |
10p ordinary | CFD
| Short | 346 | 2.14699421965318 GBP |
10p ordinary | CFD
| Short | 463 | 2.14699784017279 GBP |
(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 |
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(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) |
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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
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(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: | 23 April 2024 |
| Contact name: | Richard Howard |
| Telephone number: | +44 (0)207 568 9128 |
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 dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.