Form 8.3 - Virgin Money UK plc

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 relevant securities this form relates:

VIRGIN MONEY 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:

07 May 2024

(f)

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

NO

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(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:

10p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

21,420,101

1.65%

7,263,824

0.56%

(2) Cash-settled derivatives:

1,439,716

0.11%

20,499,186

1.58%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

22,859,817

1.76%

27,763,010

2.14%

(b)

Rights to subscribe for new securities (including directors and other executive 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

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

10p ordinary

Purchase

411,934

2.1538 GBP

10p ordinary

Purchase

343,395

2.1540 GBP

10p ordinary

Purchase

114,283

2.1480 GBP

10p ordinary

Purchase

71,160

2.1519 GBP

ADR

Purchase

70,895

4.0600 AUD

10p ordinary

Purchase

70,119

2.1516 GBP

10p ordinary

Purchase

52,440

2.1537 GBP

ADR

Purchase

36,823

4.0792 AUD

10p ordinary

Purchase

30,082

2.1497 GBP

10p ordinary

Purchase

26,079

2.1500 GBP

ADR

Purchase

16,187

4.0700 AUD

10p ordinary

Purchase

12,806

2.1510 GBP

10p ordinary

Purchase

5,419

2.1520 GBP

ADR

Purchase

3,456

4.0630 AUD

10p ordinary

Purchase

3,420

2.1468 GBP

10p ordinary

Purchase

1,871

2.1529 GBP

10p ordinary

Purchase

1,739

2.1514 GBP

10p ordinary

Purchase

500

2.1580 GBP

10p ordinary

Purchase

119

2.1533 GBP

10p ordinary

Sale

500,000

2.1485 GBP

10p ordinary

Sale

141,407

2.1534 GBP

10p ordinary

Sale

117,703

2.1482 GBP

ADR

Sale

70,295

4.0600 AUD

10p ordinary

Sale

66,495

2.1500 GBP

10p ordinary

Sale

20,252

2.1539 GBP

ADR

Sale

16,187

4.0700 AUD

10p ordinary

Sale

12,979

2.1519 GBP

10p ordinary

Sale

4,763

2.1540 GBP

ADR

Sale

3,456

4.0629 AUD

10p ordinary

Sale

2,400

2.1541 GBP

10p ordinary

Sale

2,109

2.1480 GBP

10p ordinary

Sale

48

2.1533 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

10p ordinary

SWAP

Closing Long

22,358

2.1537 GBP

10p ordinary

SWAP

Decreasing Long

600

4.0604 AUD

10p ordinary

SWAP

Decreasing Long

1,739

2.1514 GBP

10p ordinary

SWAP

Decreasing Short

2

2.1700 GBP

10p ordinary

SWAP

Decreasing Short

2,109

2.1480 GBP

10p ordinary

SWAP

Decreasing Short

14,918

2.1537 GBP

10p ordinary

SWAP

Decreasing Short

14,918

2.1497 GBP

10p ordinary

SWAP

Decreasing Short

59,911

2.1517 GBP

10p ordinary

SWAP

Increasing Short

79

2.1495 GBP

10p ordinary

SWAP

Increasing Short

321

2.1494 GBP

10p ordinary

SWAP

Increasing Short

1,871

2.1529 GBP

10p ordinary

SWAP

Increasing Short

5,419

2.1520 GBP

10p ordinary

SWAP

Increasing Short

13,061

2.1503 GBP

10p ordinary

SWAP

Increasing Short

17,667

2.1500 GBP

10p ordinary

SWAP

Increasing Short

32,900

2.1516 GBP

10p ordinary

SWAP

Increasing Short

108,624

2.1519 GBP

10p ordinary

SWAP

Increasing Short

142,516

2.1540 GBP

10p ordinary

SWAP

Opening Short

2,419

2.1540 GBP

CDI

CFD

Increasing Long

6,431

4.0796 AUD

(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 option relates

Exercise price per unit

Type

Expiry date

Option money paid/ received per unit

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings 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:

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 of future acquisition or disposal of any relevant securities to which any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

08 May 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213