Form 8.3 - Virgin Money Holdings (UK) Plc

LONDON--()--

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:   Barclays PLC.
     
(b) Owner or controller of interest and short
  positions disclosed, if different from 1(a):  
(c) Name of offeror/offeree in relation to whose VIRGIN MONEY HOLDINGS (UK) PLC
  relevant securities this form relates:  
(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: 09 May 2018
(f) In addition to the company in 1(c) above, is the discloser making YES
  disclosures in respect of any other party to the offer? CYBG plc

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:       0.01p ordinary            
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 3,635,852 0.82% 2,489,874 0.56%
           
(2) Cash-settled derivatives:
776,496 0.17% 1,944,515 0.44%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
 
TOTAL: 4,412,348 0.99% 4,434,389 1.00%

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:  
Details, including nature of the rights concerned and relevant percentages:  

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   Purchase/sale   Number of   Price per unit
security   securities  
0.01p ordinary Purchase 265 3.4140 GBP
0.01p ordinary Purchase 347 3.3489 GBP
0.01p ordinary Purchase 473 3.3230 GBP
0.01p ordinary Purchase 1,111 3.3899 GBP
0.01p ordinary Purchase 1,295 3.3203 GBP
0.01p ordinary Purchase 1,759 3.3438 GBP
0.01p ordinary Purchase 4,139 3.3536 GBP
0.01p ordinary Purchase 4,988 3.3270 GBP
0.01p ordinary Purchase 13,828 3.4000 GBP
0.01p ordinary Purchase 14,602 3.3122 GBP
0.01p ordinary Purchase 15,058 3.3737 GBP
0.01p ordinary Purchase 25,439 3.3506 GBP
0.01p ordinary Purchase 31,924 3.3200 GBP
0.01p ordinary Purchase 34,606 3.3470 GBP
0.01p ordinary Purchase 82,382 3.3606 GBP
0.01p ordinary Purchase 100,000 3.3752 GBP
0.01p ordinary Purchase 227,648 3.3520 GBP
0.01p ordinary Sale 737 3.3626 GBP
0.01p ordinary Sale 2,378 3.4220 GBP
0.01p ordinary Sale 3,357 3.4006 GBP
0.01p ordinary Sale 5,413 3.3916 GBP
0.01p ordinary Sale 5,603 3.3990 GBP
0.01p ordinary Sale 7,167 3.3026 GBP
0.01p ordinary Sale 7,549 3.4016 GBP
0.01p ordinary Sale 9,029 3.3850 GBP
0.01p ordinary Sale 9,266 3.4037 GBP
0.01p ordinary Sale 15,475 3.3527 GBP
0.01p ordinary Sale 26,830 3.3201 GBP
0.01p ordinary Sale 28,564 3.4060 GBP
0.01p ordinary Sale 33,000 3.3652 GBP
0.01p ordinary Sale 232,879 3.3730 GBP
0.01p ordinary Sale 282,786 3.3588 GBP
0.01p ordinary Sale 548,680 3.3979 GBP
0.01p ordinary Sale 1,175,447 3.3966 GBP

(b) Cash-settled derivative transactions

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
0.01p ordinary CFD Long 737 3.3626 GBP
0.01p ordinary SWAP Long 1,228 3.4229 GBP
0.01p ordinary CFD Long 2,019 3.3957 GBP
0.01p ordinary CFD Long 2,356 3.3903 GBP
0.01p ordinary CFD Long 2,378 3.4220 GBP
0.01p ordinary CFD Long 3,357 3.4006 GBP
0.01p ordinary CFD Long 7,181 3.3966 GBP
0.01p ordinary CFD Long 7,549 3.4016 GBP
0.01p ordinary SWAP Long 9,266 3.4037 GBP
0.01p ordinary SWAP Long 12,420 3.3254 GBP
0.01p ordinary CFD Long 28,564 3.4059 GBP
0.01p ordinary CFD Long 33,000 3.3652 GBP
0.01p ordinary CFD Long 50,000 3.3905 GBP
0.01p ordinary CFD Long 50,000 3.3911 GBP
0.01p ordinary CFD Long 50,000 3.3916 GBP
0.01p ordinary CFD Long 50,000 3.3927 GBP
0.01p ordinary CFD Long 50,000 3.3932 GBP
0.01p ordinary CFD Long 50,000 3.3933 GBP
0.01p ordinary CFD Long 50,000 3.3941 GBP
0.01p ordinary CFD Long 50,000 3.3948 GBP
0.01p ordinary CFD Long 50,000 3.3949 GBP
0.01p ordinary CFD Long 50,000 3.3969 GBP
0.01p ordinary CFD Long 50,000 3.3971 GBP
0.01p ordinary CFD Long 50,000 3.3976 GBP
0.01p ordinary CFD Long 50,000 3.3977 GBP
0.01p ordinary CFD Long 50,000 3.3981 GBP
0.01p ordinary CFD Long 50,000 3.3988 GBP
0.01p ordinary CFD Long 50,000 3.3999 GBP
0.01p ordinary CFD Long 50,000 3.4002 GBP
0.01p ordinary CFD Long 50,000 3.4008 GBP
0.01p ordinary CFD Long 50,000 3.4022 GBP
0.01p ordinary CFD Long 50,000 3.4071 GBP
0.01p ordinary SWAP Long 51,461 3.3342 GBP
0.01p ordinary CFD Long 90,931 3.3921 GBP
0.01p ordinary CFD Long 100,000 3.3996 GBP
0.01p ordinary SWAP Long 110,337 3.3729 GBP
0.01p ordinary CFD Long 139,943 3.3233 GBP
0.01p ordinary CFD Long 140,824 3.3936 GBP
0.01p ordinary SWAP Long 175,826 3.3200 GBP
0.01p ordinary CFD Long 507,485 3.4030 GBP
0.01p ordinary CFD Short 265 3.4140 GBP
0.01p ordinary CFD Short 347 3.3489 GBP
0.01p ordinary SWAP Short 960 3.3620 GBP
0.01p ordinary SWAP Short 5,302 3.3832 GBP
0.01p ordinary CFD Short 10,000 3.4001 GBP
0.01p ordinary CFD Short 13,487 3.4000 GBP
0.01p ordinary CFD Short 14,602 3.3122 GBP
0.01p ordinary SWAP Short 17,149 3.3961 GBP
0.01p ordinary CFD Short 25,439 3.3506 GBP
0.01p ordinary SWAP Short 28,944 3.3326 GBP
0.01p ordinary CFD Short 34,606 3.3470 GBP
0.01p ordinary SWAP Short 40,636 3.3885 GBP
0.01p ordinary CFD Short 84,961 3.3202 GBP
0.01p ordinary SWAP Short 106,350 3.3773 GBP
0.01p ordinary SWAP Short 205,050 3.3200 GBP
0.01p ordinary SWAP Short 205,050 3.3200 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

(ii) Exercise

Class of relevant security   Product description

e.g. call option

  Exercising/ exercised against   Number of securities   Exercise price per unit

(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)

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?   NO
Date of disclosure: 10 May 2018
Contact name: ELISE TANG
Telephone number: 0207 1163001

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.

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

Short Name: BARCLAYS PLC
Category Code: RET
Sequence Number: 647110
Time of Receipt (offset from UTC): 20180510T111720+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC