May 7 (Reuters) - Cybg Plc CYBGC.L :
* SAYS IT CONFIRMS IT MADE PRELIMINARY APPROACH REGARDING A POTENTIAL ALL SHARE COMBINATION OF CO AND VIRGIN MONEY
* SAYS UNDER TERMS OF ITS PROPOSAL VIRGIN MONEY SHAREHOLDERS WOULD OWN ABOUT 36.5 PERCENT OF THE COMBINED GROUP Further company coverage: CYBGC.L