FORM 8.3 - VIRGIN MONEY LTD

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 interests and short positions disclosed, if different from 1(a):

The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.

 
(c) 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

(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:

For an opening position disclosure, state the latest practicable date prior to the disclosure

10 May 2018

(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

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

YES:

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: 3,785,539 0.85% 2,746,591 0.62%
           
(2) Cash-settled derivatives:
806,523 0.18% 2,002,590 0.45%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 4,592,062 1.03% 4,749,181 1.07%

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 700 3.3350 GBP
0.01p ordinary Purchase 1,069 3.3320 GBP
0.01p ordinary Purchase 1,152 3.3017 GBP
0.01p ordinary Purchase 1,241 3.3169 GBP
0.01p ordinary Purchase 1,274 3.3019 GBP
0.01p ordinary Purchase 2,215 3.3251 GBP
0.01p ordinary Purchase 2,537 3.2927 GBP
0.01p ordinary Purchase 2,593 3.3152 GBP
0.01p ordinary Purchase 3,609 3.3192 GBP
0.01p ordinary Purchase 10,064 3.3134 GBP
0.01p ordinary Purchase 29,400 3.3049 GBP
0.01p ordinary Purchase 31,834 3.3260 GBP
0.01p ordinary Purchase 45,861 3.2940 GBP
0.01p ordinary Purchase 56,321 3.3086 GBP
0.01p ordinary Purchase 59,326 3.3108 GBP
0.01p ordinary Purchase 98,219 3.3146 GBP
0.01p ordinary Purchase 212,309 3.3109 GBP
0.01p ordinary Sale 430 3.3270 GBP
0.01p ordinary Sale 1,282 3.3176 GBP
0.01p ordinary Sale 2,215 3.3255 GBP
0.01p ordinary Sale 2,833 3.2738 GBP
0.01p ordinary Sale 3,783 3.3273 GBP
0.01p ordinary Sale 4,374 3.3140 GBP
0.01p ordinary Sale 25,367 3.3252 GBP
0.01p ordinary Sale 28,758 3.3091 GBP
0.01p ordinary Sale 34,363 3.3154 GBP
0.01p ordinary Sale 58,338 3.3125 GBP
0.01p ordinary Sale 79,349 3.3141 GBP
0.01p ordinary Sale 92,984 3.2952 GBP
0.01p ordinary Sale 152,000 3.2940 GBP
0.01p ordinary Sale 180,678 3.3086 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 SWAP Long 10,366 3.3234 GBP
0.01p ordinary CFD Long 34,363 3.3154 GBP
0.01p ordinary SWAP Long 42,974 3.3086 GBP
0.01p ordinary CFD Long 58,338 3.3125 GBP
0.01p ordinary CFD Long 65,218 3.3045 GBP
0.01p ordinary SWAP Long 91,327 3.3097 GBP
0.01p ordinary CFD Long 92,984 3.2952 GBP
0.01p ordinary SWAP Long 183,939 3.3140 GBP
0.01p ordinary CFD Short 1,152 3.3017 GBP
0.01p ordinary CFD Short 1,274 3.3019 GBP
0.01p ordinary CFD Short 2,537 3.2927 GBP
0.01p ordinary SWAP Short 5,753 3.3113 GBP
0.01p ordinary SWAP Short 5,995 3.3065 GBP
0.01p ordinary CFD Short 12,500 3.3349 GBP
0.01p ordinary CFD Short 15,666 3.3203 GBP
0.01p ordinary CFD Short 18,275 3.3023 GBP
0.01p ordinary CFD Short 25,385 3.3111 GBP
0.01p ordinary CFD Short 29,400 3.3049 GBP
0.01p ordinary CFD Short 31,834 3.3260 GBP
0.01p ordinary CFD Short 75,683 3.3142 GBP
0.01p ordinary SWAP Short 96,559 3.3069 GBP
0.01p ordinary SWAP Short 101,605 3.3118 GBP
0.01p ordinary SWAP Short 182,522 3.3140 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: 11 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: 647216
Time of Receipt (offset from UTC): 20180511T120329+0100

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC