VIRGIN MONEY (LON:VM) Form 8.5 (EPT/RI)

Transparency directive : regulatory news

16/05/2018 10:53
Bank of America Merrill Lynch  -     

Form 8.5 (EPT/RI)


Released 10:53 16-May-2018


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:





Bank of America Merrill Lynch











(b)



Name of offeror/offeree in relation to whose

relevant securities this form relates:
Use a separate form for each offeror/offeree





Virgin Money Holdings UK PLC











(c)



Name of the party to the offer with which exempt principal trader is connected:





Virgin Money Holdings UK PLC











(d)



Date dealing undertaken:





15/05/2018











(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"





YES



If YES, specify which:





(CYBG PLC)



 











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



Common - ISIN GB00BQ8P0644



Purchase



525,226



3.476 GBP



3.352 GBP



Common - ISIN GB00BQ8P0644



Sale



561,492



3.485 GBP



3.336 GBP



 











(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



Common - ISIN GB00BQ8P0644



Swaps



Long



20,450



3.42 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



20,450



3.411 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



3,176



3.454 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



57,260



3.403 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



28,630



3.361 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



28,630



3.444 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



3,850



3.431 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



448



3.476 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



2,655



3.418 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



21,469



3.418 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



10,647



3.405 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



13,446



3.379 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



7,753



3.382 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



7,030



3.404 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



270



3.381 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



7,155



3.379 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



9,685



3.405 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



2,643



3.417 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



4,735



3.417 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



3,184



3.461 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



8,579



3.415 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



32,771



3.412 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



1,008



3.427 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



2,964



3.395 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



196



3.406 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



2,816



3.406 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



5,000



3.396 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



30,000



3.396 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



3,000



3.396 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



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



 











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:



16/05/2018



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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