REG - Virgin Money UK PLC Clydesdale Bank PLC - Form 8.3 - Virgin Money UK PLC

Virgin Money UKAnnouncement

05/04/2024 15:30

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RNS Number : 5560J  Virgin Money UK PLC  05 April 2024

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:                                                      Ubique Asset Management Pty Ltd
 (b) Owner or controller of interests and short positions disclosed, if           Ubique Asset Management Pty Ltd acting as a "Long Only" Institutional Fund
 different from 1(a):                                                             Manager on behalf of Australian Regulated

 The naming of nominee or vehicle companies is insufficient. For a trust, the     Superannuation Entities ("RSE")
 trustee(s), settlor and

 beneficiaries must be named.
 (c) Name of offeror/offeree in relation to whose relevant securities this form   Virgin Money UK PLC ("VMUK")
 relates:

 Use a separate form for each offeror/offeree
 (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:                                       Opening position as at 5 April 2024

 For an opening position disclosure, state the latest practicable date prior to
 the disclosure
 (f) In addition to the company in 1(c) above, is the discloser making            YES / NO / N/A
 disclosures in respect of any other party to the offer?

                                                                                If YES, specify which:
 If it is a cash offer or possible cash offer, state "N/A"

                                                                                  N/A

 

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 (if any)

 

 Class of relevant security:
                                                                      Interests                             Short positions
                                                                      Number                         %      Number    %
 (1) Relevant securities owned and/or controlled:                     71,945,394                     5.4%

                                                                      ASX CHESS

                                                                      Depositary Interests ("CDI")
 (2) Cash-settled derivatives:
 (3) Stock-settled derivatives (including options) and agreements to
 purchase/sell:
                                                                      71,945,394 CDIs                5.4%

 TOTAL:

 

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).

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

 

 Class of relevant security in relation to which subscription right exists:   Nil
 Details, including nature of the rights concerned and relevant percentages:  N/A

 

 

3.          DEALINGS (IF ANY) 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

 

 Class of relevant security                                                     Purchase/sale                                                              Number of securities  Price per unit
 ASX Listed CHESS Depositary Interests (CDI") equivalent to one Ordinary Share  Net purchases acquired on behalf of our RSE clients from 29 November 2019  71,945,394            A$ 2.565 per share

 in VMUK per CDI                                                                to COB 4 April 2024

 

(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
 N/A

 

(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  Exercise price per unit  Type                      Expiry date  Option money paid/ received per unit

                             e.g. call option                                                 option relates                                          e.g.

                                                                                                                                                      American, European etc.
 N/A

 

(ii)         Exercise

 

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

                             e.g. call option
 N/A

(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
 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 person
 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 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 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

 

 Is a Supplemental Form 8 (Open Positions) attached?  YES/NO

                                                      No

 

 

 Date of disclosure:  5 April 2024
 Contact name:        John Harbot, Portfolio Manager
 Telephone number*:   +61 2 8203 2657

 

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

 

*If the discloser is a natural person, a telephone number does not need to be
included, provided contact information has been provided to the Panel's Market
Surveillance Unit.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk
(http://www.thetakeoverpanel.org.uk/) . (http://www.thetakeoverpanel.org.uk/)

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