REG - JPMorgan Sec.Plc Virgin Money UK PLC - Form 8.5 (EPT/RI)-Virgin Money UK plc Amend

Virgin Money UKAnnouncement

28/03/2024 16:30

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RNS Number : 7885I  JPMorgan Securities Plc  28 March 2024

AMENDMENT

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:                                            J.P. Morgan Securities Plc
 (b) Name of offeror/offeree in relation to whose relevant securities this form  Virgin Money UK plc
 relates:

      Use a separate form for each offeror/offeree
 (c) Name of the party to the offer with which exempt principal trader is        Joint financial adviser and joint corporate broker to Virgin Money UK plc
 connected:
 (d) Date dealing undertaken:                                                    25 March 2024
 (e) In addition to the company in 1(b) above, is the exempt principal trader    N/A
 making disclosures in respect of any other party to this offer?

      If it is a cash offer or possible cash offer, state "N/A"

 

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                Purchase          2,926,213                   2.1330 GBP                            2.1300 GBP

                             Sale               3,294,152                  2.1350 GBP                            2.1280 GBP

 

 Class of relevant security  Purchases/ sales  Total number of securities  Highest price per unit paid/received  Lowest price per unit paid/received

 CDI                         Purchase          1,278,895                   4.1203 AUD                            4.1203 AUD

                             Sale              -                           -                                     -

 (b)       Cash-settled derivative transactions

 

 Class of relevant security  Product description  Nature of dealing                                                              Number of reference securities  Price per unit

                             e.g. CFD             e.g. opening/closing a long/short position, increasing/reducing a long/short
                                                  position
 10p ordinary                Equity Swap          Decrease Long                                                                  4,653                           2.1312 GBP

                                                                                                                                  103                            2.1315 GBP

                                                                                                                                  13,631                         2.1316 GBP

                                                                                                                                  222                            2.1331 GBP

                                                  Decrease Short                                                                  10                             2.1298 GBP

                                                                                                                                  4,839                          2.1303 GBP

                                                                                                                                  150,091                        2.1305 GBP

                                                                                                                                  255,375                        2.1307 GBP

                                                                                                                                  116,460                        2.1308 GBP

                                                                                                                                  89,767                         2.1309 GBP

                                                                                                                                  194,052                        2.1310 GBP

                                                                                                                                  590                            2.1314 GBP

                                                                                                                                  10                             2.1316 GBP

                                                                                                                                  5,948                          2.1317 GBP

                                                                                                                                  13,201                         2.1350 GBP

                                                  Increase Short                                                                  44,625                         2.1305 GBP

                                                                                                                                  104,500                        2.1306 GBP

                                                                                                                                  205,375                        2.1308 GBP

                                                                                                                                  218,994                        2.1310 GBP

                                                                                                                                  982,813                        2.1311 GBP

                                                                                                                                  25,409                         2.1312 GBP

                                                                                                                                  5                              2.1320 GBP

                                                                                                                                  443,113                        2.1326 GBP

                                                  Opening a short position                                                        529,172                        2.1310 GBP

 

 Class of relevant security  Product description  Nature of dealing                                                              Number of reference securities  Price per unit

                             e.g. CFD             e.g. opening/closing a long/short position, increasing/reducing a long/short
                                                  position
 CDI                         Equity Swap          -                                                                              -                               -

 (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                           Expiry date  Option money paid/ received per unit

                                                                                                                                                                                      e.g. American, European etc.

 

(ii)        Exercise

 

 Class of relevant security  Product description  Exercising/ exercised against  Number of securities  Exercise price per unit

                             e.g. call option

 

(d)        Other dealings (including subscribing for new securities)

 

 Class of relevant security  Nature of dealing               Details  Price per unit (if applicable)

                             e.g. subscription, conversion

 

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:  28 March 2024
 Contact name:        Natasha Mondon
 Telephone number:    01202 325175

 

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
(http://www.thetakeoverpanel.org.uk) .

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