CYBG : Form 8.5 (EPT/RI) - CYBG plc

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:	Morgan Stanley & Co. International plc
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	CYBG plc
(c) Name of the party to the offer with which exempt principal trader is connected:	CYBG plc
(d) Date dealing undertaken:	18 SEPTEMBER 2018
(e)Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?	Yes - Virgin Money Holdings (UK) 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
CDI	PURCHASES	3,450	6.0500 AUD	6.0150 AUD
CDI	SALES	3,450	6.0395 AUD	6.0150 AUD
10p ordinary	PURCHASES	560,126	3.3200 GBP	3.2800 GBP
10p ordinary	SALES	1,039,775	3.3200 GBP	3.2800 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
10p ordinary	CFD	LONG	134,508	3.2900 GBP
10p ordinary	CFD	LONG	82	3.2921 GBP
10p ordinary	CFD	LONG	232	3.3006 GBP
10p ordinary	CFD	LONG	85	3.3048 GBP
10p ordinary	CFD	LONG	24	3.3048 GBP
10p ordinary	CFD	LONG	38	3.3048 GBP
10p ordinary	CFD	LONG	18	3.3048 GBP
10p ordinary	CFD	LONG	1,351	3.3049 GBP
10p ordinary	CFD	LONG	3,099	3.3051 GBP
10p ordinary	CFD	LONG	34,598	3.3057 GBP
10p ordinary	CFD	LONG	3,269	3.3060 GBP
10p ordinary	CFD	LONG	350,000	3.3060 GBP
10p ordinary	CFD	LONG	929	3.3066 GBP
10p ordinary	CFD	LONG	31	3.3077 GBP
10p ordinary	CFD	LONG	147,470	3.3079 GBP
10p ordinary	CFD	LONG	8,800	3.3083 GBP
10p ordinary	CFD	LONG	49	3.3093 GBP
10p ordinary	CFD	LONG	2,325	3.3099 GBP
10p ordinary	CFD	LONG	24	3.3100 GBP
10p ordinary	CFD	LONG	37	3.3137 GBP
10p ordinary	CFD	LONG	47	3.3146 GBP
10p ordinary	CFD	LONG	3,487	3.3394 GBP
10p ordinary	CFD	SHORT	29,167	3.2934 GBP
10p ordinary	CFD	SHORT	8,210	3.2935 GBP
10p ordinary	CFD	SHORT	10,110	3.2961 GBP
10p ordinary	CFD	SHORT	1,323	3.2978 GBP
10p ordinary	CFD	SHORT	727	3.3040 GBP
10p ordinary	CFD	SHORT	2,581	3.3040 GBP
10p ordinary	CFD	SHORT	600	3.3056 GBP
10p ordinary	CFD	SHORT	2,400	3.3056 GBP
10p ordinary	CFD	SHORT	14,500	3.3056 GBP
10p ordinary	CFD	SHORT	14,300	3.3056 GBP
10p ordinary	CFD	SHORT	400	3.3056 GBP
10p ordinary	CFD	SHORT	1,100	3.3056 GBP
10p ordinary	CFD	SHORT	248	3.3077 GBP
10p ordinary	CFD	SHORT	676	3.3087 GBP
10p ordinary	CFD	SHORT	1,064	3.3094 GBP
10p ordinary	CFD	SHORT	10,358	3.3106 GBP
10p ordinary	CFD	SHORT	8,675	3.3110 GBP
10p ordinary	CFD	SHORT	1,583	3.3110 GBP
10p ordinary	CFD	SHORT	3,501	3.3116 GBP
10p ordinary	CFD	SHORT	820	3.3123 GBP
10p ordinary	CFD	SHORT	1,283	3.3129 GBP
10p ordinary	CFD	SHORT	18,902	3.3129 GBP
10p ordinary	CFD	LONG	1,286,737	3.2900 GBP
10p ordinary	CFD	LONG	21,219	3.2900 GBP
10p ordinary	CFD	SHORT	16,555	3.2900 GBP
10p ordinary	CFD	SHORT	1,303,206	3.2900 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	Typee.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 descriptione.g. call option	Number of securities	Exercise price per unit
N/A	N/A	N/A	N/A

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

Class of relevant security	Nature of dealinge.g. subscription, conversion	Details	Price per unit (if applicable)
N/A	N/A	N/A	N/A

The currency of all prices and other monetary amounts should be stated.

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.

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: 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:	19 SEPTEMBER 2018
Contact name:	Craig Horsley
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 [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 atwww.thetakeoverpanel.org.uk.