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

Transparency directive : regulatory news

15/05/2018 11:11
Bank of America Merrill Lynch  -     

Form 8.5 (EPT/RI)


Released 11:11 15-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:





14/05/2018











(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



211,294



3.527 GBP



3.379 GBP



Common - ISIN GB00BQ8P0644



Sale



695,918



3.535 GBP



3.451 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



8,180



3.501 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



21,056



3.529 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



26,176



3.509 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



11,452



3.51 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



34,356



3.52 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



8,180



3.501 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



20,450



3.526 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



61,350



3.508 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



61,350



3.52 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



36,810



3.528 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



36,810



3.517 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



61,350



3.479 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



21,268



3.516 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



53,170



3.51 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



63,804



3.502 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



61,350



3.507 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



176



3.509 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



1,210



3.491 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



1,210



3.485 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



2,263



3.491 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



10,647



3.506 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



11,714



3.516 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



543



3.503 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



1,059



3.508 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



196



3.508 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



1,059



3.503 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



7,000



3.379 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



5,000



3.494 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



30,000



3.379 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



50,000



3.494 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



4,000



3.494 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



3,000



3.379 GBP



Common - ISIN GB00BQ8P0644



Swaps



Long



5,062



3.512 GBP



Common - ISIN GB00BQ8P0644



Swaps



Short



5,062



3.527 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:



15/05/2018



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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