23rd Jan 2018 14:10
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 | 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: | 22 January 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 PERSON MAKING THE DISCLOSURE
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(c), 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: | 57,899,787 | 3.02% | 9,474,706 | 0.49% | |||||||
| (2) | Cash-settled derivatives: | ||||||||||
| 1,096,317 | 0.06% | 45,431,460 | 2.37% | ||||||||
| (3) | Stock-settled derivatives (including options) | ||||||||||
| and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| (4) | |||||||||||
| TOTAL: | 58,996,104 | 3.08% | 54,906,166 | 2.87% | |||||||
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 PERSON MAKING THE DISCLOSURE
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), 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 | 553 | 1.6025 GBP | ||||
| 28 1/3p ordinary | Purchase | 652 | 1.5966 GBP | ||||
| 28 1/3p ordinary | Purchase | 1,031 | 1.6350 GBP | ||||
| 28 1/3p ordinary | Purchase | 1,062 | 1.6370 GBP | ||||
| 28 1/3p ordinary | Purchase | 2,154 | 1.6630 GBP | ||||
| 28 1/3p ordinary | Purchase | 2,209 | 1.6205 GBP | ||||
| 28 1/3p ordinary | Purchase | 3,110 | 1.6345 GBP | ||||
| 28 1/3p ordinary | Purchase | 3,522 | 1.6365 GBP | ||||
| 28 1/3p ordinary | Purchase | 4,622 | 1.6394 GBP | ||||
| 28 1/3p ordinary | Purchase | 5,416 | 1.6000 GBP | ||||
| 28 1/3p ordinary | Purchase | 6,252 | 1.6395 GBP | ||||
| 28 1/3p ordinary | Purchase | 9,880 | 1.5978 GBP | ||||
| 28 1/3p ordinary | Purchase | 14,221 | 1.6665 GBP | ||||
| 28 1/3p ordinary | Purchase | 16,763 | 1.6501 GBP | ||||
| 28 1/3p ordinary | Purchase | 21,667 | 1.6640 GBP | ||||
| 28 1/3p ordinary | Purchase | 30,000 | 1.6688 GBP | ||||
| 28 1/3p ordinary | Purchase | 30,031 | 1.6424 GBP | ||||
| 28 1/3p ordinary | Purchase | 42,512 | 1.6393 GBP | ||||
| 28 1/3p ordinary | Purchase | 61,497 | 1.6500 GBP | ||||
| 28 1/3p ordinary | Purchase | 69,683 | 1.6419 GBP | ||||
| 28 1/3p ordinary | Purchase | 75,549 | 1.6767 GBP | ||||
| 28 1/3p ordinary | Purchase | 112,390 | 1.6799 GBP | ||||
| 28 1/3p ordinary | Purchase | 114,708 | 1.6474 GBP | ||||
| 28 1/3p ordinary | Purchase | 200,623 | 1.6573 GBP | ||||
| 28 1/3p ordinary | Purchase | 436,528 | 1.6516 GBP | ||||
| 28 1/3p ordinary | Purchase | 474,534 | 1.6684 GBP | ||||
| 28 1/3p ordinary | Purchase | 875,320 | 1.6460 GBP | ||||
| 28 1/3p ordinary | Purchase | 957,186 | 1.6260 GBP | ||||
| 28 1/3p ordinary | Purchase | 1,207,377 | 1.6800 GBP | ||||
| 28 1/3p ordinary | Sale | 391 | 1.6645 GBP | ||||
| 28 1/3p ordinary | Sale | 693 | 1.6770 GBP | ||||
| 28 1/3p ordinary | Sale | 1,031 | 1.6350 GBP | ||||
| 28 1/3p ordinary | Sale | 1,062 | 1.6370 GBP | ||||
| 28 1/3p ordinary | Sale | 2,209 | 1.6205 GBP | ||||
| 28 1/3p ordinary | Sale | 3,110 | 1.6345 GBP | ||||
| 28 1/3p ordinary | Sale | 3,477 | 1.6668 GBP | ||||
| 28 1/3p ordinary | Sale | 3,522 | 1.6365 GBP | ||||
| 28 1/3p ordinary | Sale | 4,392 | 1.6675 GBP | ||||
| 28 1/3p ordinary | Sale | 5,000 | 1.6390 GBP | ||||
| 28 1/3p ordinary | Sale | 5,641 | 1.5994 GBP | ||||
| 28 1/3p ordinary | Sale | 6,252 | 1.6395 GBP | ||||
| 28 1/3p ordinary | Sale | 10,000 | 1.6010 GBP | ||||
| 28 1/3p ordinary | Sale | 10,819 | 1.6381 GBP | ||||
| 28 1/3p ordinary | Sale | 13,554 | 1.6228 GBP | ||||
| 28 1/3p ordinary | Sale | 17,515 | 1.6630 GBP | ||||
| 28 1/3p ordinary | Sale | 37,197 | 1.6700 GBP | ||||
| 28 1/3p ordinary | Sale | 54,312 | 1.6559 GBP | ||||
| 28 1/3p ordinary | Sale | 61,307 | 1.6516 GBP | ||||
| 28 1/3p ordinary | Sale | 80,000 | 1.6226 GBP | ||||
| 28 1/3p ordinary | Sale | 126,106 | 1.6462 GBP | ||||
| 28 1/3p ordinary | Sale | 187,688 | 1.6069 GBP | ||||
| 28 1/3p ordinary | Sale | 196,465 | 1.6368 GBP | ||||
| 28 1/3p ordinary | Sale | 254,126 | 1.6296 GBP | ||||
| 28 1/3p ordinary | Sale | 390,000 | 1.6372 GBP | ||||
| 28 1/3p ordinary | Sale | 785,477 | 1.6699 GBP | ||||
| 28 1/3p ordinary | Sale | 1,239,399 | 1.6405 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 | 258 | 1.6639 GBP | |||||
| 28 1/3p ordinary | CFD | Long | 500 | 1.6797 GBP | |||||
| 28 1/3p ordinary | CFD | Long | 4,392 | 1.6675 GBP | |||||
| 28 1/3p ordinary | SWAP | Long | 9,780 | 1.6285 GBP | |||||
| 28 1/3p ordinary | CFD | Long | 17,515 | 1.6630 GBP | |||||
| 28 1/3p ordinary | SWAP | Long | 37,197 | 1.6700 GBP | |||||
| 28 1/3p ordinary | SWAP | Long | 37,616 | 1.6353 GBP | |||||
| 28 1/3p ordinary | CFD | Long | 109,686 | 1.6772 GBP | |||||
| 28 1/3p ordinary | SWAP | Long | 120,624 | 1.6750 GBP | |||||
| 28 1/3p ordinary | CFD | Long | 199,721 | 1.6747 GBP | |||||
| 28 1/3p ordinary | SWAP | Long | 405,222 | 1.6148 GBP | |||||
| 28 1/3p ordinary | SWAP | Long | 544,329 | 1.6210 GBP | |||||
| 28 1/3p ordinary | SWAP | Short | 12,822 | 1.6617 GBP | |||||
| 28 1/3p ordinary | CFD | Short | 14,221 | 1.6665 GBP | |||||
| 28 1/3p ordinary | CFD | Short | 18,452 | 1.5978 GBP | |||||
| 28 1/3p ordinary | CFD | Short | 18,518 | 1.6064 GBP | |||||
| 28 1/3p ordinary | CFD | Short | 20,000 | 1.6318 GBP | |||||
| 28 1/3p ordinary | SWAP | Short | 23,643 | 1.6529 GBP | |||||
| 28 1/3p ordinary | CFD | Short | 30,000 | 1.6688 GBP | |||||
| 28 1/3p ordinary | SWAP | Short | 37,609 | 1.6246 GBP | |||||
| 28 1/3p ordinary | CFD | Short | 60,088 | 1.5945 GBP | |||||
| 28 1/3p ordinary | CFD | Short | 64,390 | 1.6676 GBP | |||||
| 28 1/3p ordinary | CFD | Short | 75,549 | 1.6767 GBP | |||||
| 28 1/3p ordinary | CFD | Short | 88,014 | 1.6164 GBP | |||||
| 28 1/3p ordinary | CFD | Short | 97,641 | 1.5947 GBP | |||||
| 28 1/3p ordinary | SWAP | Short | 110,566 | 1.6333 GBP | |||||
| 28 1/3p ordinary | CFD | Short | 114,708 | 1.6474 GBP | |||||
| 28 1/3p ordinary | SWAP | Short | 140,114 | 1.6777 GBP | |||||
| 28 1/3p ordinary | CFD | Short | 214,405 | 1.6626 GBP | |||||
| 28 1/3p ordinary | CFD | Short | 236,061 | 1.5991 GBP | |||||
| 28 1/3p ordinary | CFD | Short | 321,901 | 1.6387 GBP | |||||
| 28 1/3p ordinary | SWAP | Short | 726,469 | 1.6535 GBP | |||||
| 28 1/3p ordinary | CFD | Short | 1,207,377 | 1.6800 GBP | |||||
| 28 1/3p ordinary | SWAP | Short | 1,207,377 | 1.6800 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 person 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 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 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: | 23 Jan 2018 | ||
| Contact name: | Femi Badmos | ||
| Telephone number: | 020 3555 1125 |
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/20180123005951/en/
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