REG - BkofA Merrill Lynch CYBG PLC - Form 8 (DD) - CYBG PLC

Virgin Money UKAnnouncement

21/08/2018 10:45

RNS Number : 4351Y
Bank of America Merrill Lynch
21 August 2018
 



FORM 8 (DD)
 
PUBLIC DEALING DISCLOSURE BY A PARTY TO AN OFFER OR PERSON ACTING IN

CONCERT (INCLUDING DEALINGS FOR THE ACCOUNT OF DISCRETIONARY

INVESTMENT CLIENTS)

Rules 8.1, 8.2 and 8.4 of the Takeover Code (the "Code")
 




1.


KEY INFORMATION










(a)


Full name of discloser:






Bank of America Corporation







(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






CYBG PLC







(d)


Status of person making the disclosure:
e.g. offeror, offeree, person acting in concert with the offeror/offeree (specify name of offeror/offeree)






Advisor to - Virgin Money Holdings UK PLC







(e)


Date dealing undertaken:






20/08/2018







(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"






NO



 




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






 



Class of relevant security:


Common - GB00BD6GN030








Interests


Short Positions




Number


%


Number


%







(1)


Relevant securities owned

and/or controlled:






705,016


0.08%


31,076


0.004 %







(2)


Cash-settled derivatives:






0


0%


673,940


0.076%







(3)


Stock-settled derivatives

(including options) and

agreements to purchase/sell:






0


0%


0


0 %




TOTAL:


705,016


0.08%


705,016


0.08%



 

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).



Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

 




(b)


Rights to subscribe for new securities (including directors' and other employee options)








Class of relevant security in relation to 

which subscription right exists:


N/A




Details, including nature of the rights 

concerned and relevant percentages:


N/A



 




3.


DEALINGS 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








(i)


Party to an offer or person acting in concert (except for a principal trader in the same group as a connected adviser)







Class of relevant security


Purchase/sale


Number of 

securities


Price per unit




CDI - ISIN AU000000CYB7


Sale


6,950


6.043 AUD



 




(ii)


Principal trader where the sole reason for the connection is that the principal trader is in the same group as a connected adviser








Class of relevant security


Purchases/

sales


Total number of securities


Highest price 

per unit

paid/received


Lowest price 

per unit

paid/received




CDI - ISIN AU000000CYB7


Sale


6,950


6.043 AUD


6.043 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




CDI - ISIN AU000000CYB7


Swaps


Long


6,950


6.042 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




N/A


N/A


N/A


N/A


N/A


N/A


N/A


N/A



 




(ii)


Exercise








Class of relevant security


Product description

e.g. call option


Exercising/

exercised

against


Number of 

securities


Exercise Price per 

unit




N/A


N/A


N/A


N/A


N/A



 




(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)




N/A


N/A


N/A


N/A








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 party to the offer or person acting in concert making the disclosure and any other person: 
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 party to the offer or person acting in concert 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








Are any Supplemental Forms attached?







Supplemental Form 8 (Open Positions)


No




Supplemental Form 8 (SBL)


NO



 



Date of disclosure:


21/08/2018




Contact name:


Harshini Gopa




Telephone number:


+44207 996 3410



 

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

dealing disclosure requirements on +44 (0)20 7638 0129.



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





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