20th Feb 2018 11:33
FORM 8.5 (EPT/NON-RI)
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN
EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY (“RI”) STATUS (OR WHERE RI STATUS IS NOT APPLICABLE)
Rule 8.5 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 | LADBROKES CORAL GROUP PLC | |||
| relevant securities this form relates: | |||||
| (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: | 19 February 2018 | |||
| (f) | In addition to the company in 1(c) above, is the discloser making | YES: | |||
| disclosures in respect of any other party to the offer? | GVC HOLDINGS PLC |
2. POSITIONS OF THE EXEMPT PRINCIPAL TRADER
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(b), 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: | 28 1/3p ordinary | ||||||||||
| Interests | Short Positions | ||||||||||
| Number | (%) | Number | (%) | ||||||||
| (1) | Relevant securities owned | ||||||||||
| and/or controlled: | 63,552,601 | 3.32% | 3,470,167 | 0.18% | |||||||
| (2) | Cash-settled derivatives: | ||||||||||
| 17,246 | 0.00% | 49,599,452 | 2.59% | ||||||||
| (3) | Stock-settled derivatives (including options) | ||||||||||
| and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| TOTAL: | 63,569,847 | 3.32% | 53,069,619 | 2.77% | |||||||
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 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 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 | ||||||
| 28 1/3p ordinary | Purchase | 230 | 1.6530 GBP | ||||
| 28 1/3p ordinary | Purchase | 400 | 1.6555 GBP | ||||
| 28 1/3p ordinary | Purchase | 1,847 | 1.6525 GBP | ||||
| 28 1/3p ordinary | Purchase | 3,691 | 1.6528 GBP | ||||
| 28 1/3p ordinary | Purchase | 4,772 | 1.6612 GBP | ||||
| 28 1/3p ordinary | Purchase | 7,066 | 1.6597 GBP | ||||
| 28 1/3p ordinary | Purchase | 7,240 | 1.6577 GBP | ||||
| 28 1/3p ordinary | Purchase | 14,286 | 1.6643 GBP | ||||
| 28 1/3p ordinary | Purchase | 21,252 | 1.6618 GBP | ||||
| 28 1/3p ordinary | Purchase | 36,404 | 1.6600 GBP | ||||
| 28 1/3p ordinary | Purchase | 92,182 | 1.6503 GBP | ||||
| 28 1/3p ordinary | Purchase | 273,330 | 1.6599 GBP | ||||
| 28 1/3p ordinary | Purchase | 7,622,082 | 1.6310 GBP | ||||
| 28 1/3p ordinary | Sale | 1,847 | 1.6515 GBP | ||||
| 28 1/3p ordinary | Sale | 1,847 | 1.6535 GBP | ||||
| 28 1/3p ordinary | Sale | 2,237 | 1.6599 GBP | ||||
| 28 1/3p ordinary | Sale | 13,585 | 1.6589 GBP | ||||
| 28 1/3p ordinary | Sale | 19,206 | 1.6499 GBP | ||||
| 28 1/3p ordinary | Sale | 21,284 | 1.6495 GBP | ||||
| 28 1/3p ordinary | Sale | 42,609 | 1.6618 GBP | ||||
| 28 1/3p ordinary | Sale | 60,208 | 1.6615 GBP |
(b) Cash-settled derivative transactions
| Class of | Product | Nature of dealing | Number of | Price per | |||||
| relevant | description | reference | unit | ||||||
| security | securities | ||||||||
| 28 1/3p ordinary | SWAP | Long | 2,880 | 1.6601 GBP | |||||
| 28 1/3p ordinary | CFD | Long | 3,015 | 1.6597 GBP | |||||
| 28 1/3p ordinary | SWAP | Long | 4,666 | 1.6510 GBP | |||||
| 28 1/3p ordinary | SWAP | Long | 11,246 | 1.6572 GBP | |||||
| 28 1/3p ordinary | CFD | Long | 13,585 | 1.6589 GBP | |||||
| 28 1/3p ordinary | SWAP | Long | 83,247 | 1.6629 GBP | |||||
| 28 1/3p ordinary | CFD | Short | 100 | 1.6626 GBP | |||||
| 28 1/3p ordinary | SWAP | Short | 400 | 1.6555 GBP | |||||
| 28 1/3p ordinary | SWAP | Short | 400 | 1.6630 GBP | |||||
| 28 1/3p ordinary | CFD | Short | 3,015 | 1.6601 GBP | |||||
| 28 1/3p ordinary | SWAP | Short | 3,497 | 1.6597 GBP | |||||
| 28 1/3p ordinary | CFD | Short | 7,066 | 1.6598 GBP | |||||
| 28 1/3p ordinary | SWAP | Short | 14,286 | 1.6643 GBP | |||||
| 28 1/3p ordinary | CFD | Short | 21,252 | 1.6618 GBP | |||||
| 28 1/3p ordinary | CFD | Short | 34,404 | 1.6600 GBP | |||||
| 28 1/3p ordinary | SWAP | Short | 55,590 | 1.6516 GBP | |||||
| 28 1/3p ordinary | SWAP | Short | 88,843 | 1.6613 GBP | |||||
| 28 1/3p ordinary | CFD | Short | 139,494 | 1.6625 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 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 |
(c) Attachments
| Is a Supplemental Form 8 (Open Positions) attached? | NO | |
| Date of disclosure: | 20 Feb 2018 | |
| Contact name: | Elise Tang | |
| Telephone number: | 0207 1163 001 |
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180220005791/en/
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