Citigroup Global Markets Limited Form 8.5 (EPT/RI) (0619E)

TIDM41KY

RNS Number : 0619E

Citigroup Global Markets Limited

15 October 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:                                                 Citigroup Global Markets Limited 
 (b) Name of offeror/offeree in relation to whose                                     Virgin Money Holdings (UK) plc 
  relevant securities this form relates: 
  Use a separate form for each offeror/offeree 
                                                                                     --------------------------------- 
 (c) Name of the party to the offer with which exempt                                 Virgin Money Holdings (UK) plc 
  principal trader is connected: 
                                                                                     --------------------------------- 
 (d) Date dealing undertaken:                                                         12 October 2018 
                                                                                     --------------------------------- 
 (e) In addition to the company in 1(b) above, is the exempt principal trader         YES 
 making disclosures                                                                    CYBG plc 
 in respect of any other party to this offer? 
 If it is a cash offer or possible cash offer, state "N/A" 
                                                                                     --------------------------------- 
 

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      Purchases/ sales    Total number of          Highest price per       Lowest price per unit 
        security                               securities               unit paid/received      paid/received 
                                                                        (GBP)                   (GBP) 
 0.01p ordinary            Purchase            1,268,405                3.5124                  3.4796 
                          ------------------  -----------------------  ----------------------  ----------------------- 
 0.01p ordinary            Sale                1,029,819                3.5144                  3.4790 
                          ------------------  -----------------------  ----------------------  ----------------------- 
 

(b) Cash-settled derivative transactions

 
    Class of relevant       Product description    Nature of dealing          Number of reference       Price per unit 
         security            e.g. CFD               e.g. opening/closing a    securities                 (GBP) 
                                                    long/short position, 
                                                    increasing/reducing a 
                                                    long/short position 
 0.01p ordinary             TRS                    Reducing Long Position     134                       3.5120 
                           ---------------------  -------------------------  ------------------------  --------------- 
 0.01p ordinary             TRS                    Reducing Long Position     237,855                   3.4930 
                           ---------------------  -------------------------  ------------------------  --------------- 
 0.01p ordinary             TRS                    Reducing Long Position     34                        3.5090 
                           ---------------------  -------------------------  ------------------------  --------------- 
 0.01p ordinary             TRS                    Reducing Long Position     50                        3.5090 
                           ---------------------  -------------------------  ------------------------  --------------- 
 0.01p ordinary             TRS                    Reducing Long Position     8                         3.5090 
                           ---------------------  -------------------------  ------------------------  --------------- 
 0.01p ordinary             TRS                    Reducing Long Position     505                       3.5090 
                           ---------------------  -------------------------  ------------------------  --------------- 
 

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

 
   Class of     Product        Writing,       Number of      Exercise       Type            Expiry date   Option money 
   relevant     description    purchasing,    securities     price per      e.g.                          paid/ 
   security     e.g. call      selling,       to             unit           American,                     received per 
                option         varying etc.   which option                  European etc.                 unit 
                                              relates 
 
 

(ii) Exercise

 
 Class of relevant security   Product description   Exercising/ exercised        Number of     Exercise price per unit 
                               e.g. call option     against                       securities 
 
 

(d) Other dealings (including subscribing for new securities)

 
 Class of relevant security   Nature of dealing                Details   Price per unit 
                               e.g. subscription, conversion              (if applicable) 
 
 

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 October 2018 
 Contact name:          Damian Flanagan 
                       ------------------- 
 Telephone number:      [phone] 
                       ------------------- 
 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information

Service and must also be emailed to the Takeover Panel at [e-mail].

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on [phone].

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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October 15, 2018 06:48 ET (10:48 GMT)