26th Jan 2018 11:56
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: | UBS Investment Bank, London |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | GVC Holdings plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Ladbrokes Coral Group plc |
(d) Date dealing undertaken: | 25 January 2018 |
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A" | YES Ladbrokes Coral Group 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 |
Euro 0.01 ordinary | Buy
| 158745 | 9.51500 GBP | 9.38250 GBP |
Euro 0.01 ordinary | Sell
| 236044 | 9.51500 GBP | 9.38250 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 |
Euro 0.01 ordinary | CFD
| Long | 8857 | 9.44961047758835 GBP |
Euro 0.01 ordinary | CFD
| Long | 453 | 9.450662 GBP |
Euro 0.01 ordinary | CFD
| Long | 1488 | 9.45201278 GBP |
Euro 0.01 ordinary | CFD
| Long | 5949 | 9.45201678 GBP |
Euro 0.01 ordinary | CFD
| Long | 1608 | 9.4567434 GBP |
Euro 0.01 ordinary | CFD
| Long | 2366 | 9.499858 GBP |
Euro 0.01 ordinary | CFD
| Long | 113 | 9.450619 GBP |
Euro 0.01 ordinary | CFD
| Long | 1719 | 9.480654 GBP |
Euro 0.01 ordinary | CFD
| Long | 289 | 9.463824 GBP |
Euro 0.01 ordinary | CFD
| Long | 73 | 9.464144 GBP |
Euro 0.01 ordinary | CFD
| Long | 461 | 9.450651 GBP |
Euro 0.01 ordinary | CFD
| Long | 6052 | 9.45201178 GBP |
Euro 0.01 ordinary | CFD
| Long | 1845 | 9.450656 GBP |
Euro 0.01 ordinary | CFD
| Long | 6999 | 9.480668 GBP |
Euro 0.01 ordinary | CFD
| Long | 24207 | 9.45201478 GBP |
Euro 0.01 ordinary | CFD
| Long | 1177 | 9.463838 GBP |
Euro 0.01 ordinary | CFD
| Long | 295 | 9.463881 GBP |
Euro 0.01 ordinary | CFD
| Long | 10581 | 9.461619 GBP |
Euro 0.01 ordinary | CFD
| Long | 7889 | 9.476722 GBP |
Euro 0.01 ordinary | CFD
| Long | 94797 | 9.4611 GBP |
Euro 0.01 ordinary | CFD
| Long | 1656 | 9.461099 GBP |
Euro 0.01 ordinary | CFD
| Long | 10349 | 9.45820755628563 GBP |
Euro 0.01 ordinary | CFD
| Long | 1807 | 9.45820697288323 GBP |
Euro 0.01 ordinary | CFD
| Long | 238 | 9.43071428571429 GBP |
Euro 0.01 ordinary | CFD
| Short | 584 | 9.451934 GBP |
Euro 0.01 ordinary | CFD
| Short | 840 | 9.435364 GBP |
Euro 0.01 ordinary | CFD
| Short | 37000 | 9.461095 GBP |
Euro 0.01 ordinary | CFD
| Short | 12 | 9.455 GBP |
Euro 0.01 ordinary | CFD
| Short | 63 | 9.470947 GBP |
Euro 0.01 ordinary | CFD
| Short | 1993 | 9.477217 GBP |
Euro 0.01 ordinary | CFD
| Short | 2034 | 9.455805 GBP |
Euro 0.01 ordinary | CFD
| Short | 2066 | 9.472349 GBP |
Euro 0.01 ordinary | CFD
| Short | 2215 | 9.467955 GBP |
Euro 0.01 ordinary | CFD
| Short | 18591 | 9.472835 GBP |
Euro 0.01 ordinary | CFD
| Short | 261 | 9.482649 GBP |
Euro 0.01 ordinary | CFD
| Short | 834 | 9.483448 GBP |
Euro 0.01 ordinary | CFD
| Short | 1727 | 9.467407 GBP |
Euro 0.01 ordinary | CFD
| Short | 15 | 9.483267 GBP |
Euro 0.01 ordinary | CFD
| Short | 44 | 9.45618 GBP |
Euro 0.01 ordinary | CFD
| Short | 81 | 9.47319 GBP |
Euro 0.01 ordinary | CFD
| Short | 192 | 9.452119 GBP |
Euro 0.01 ordinary | CFD
| Short | 192 | 9.444102 GBP |
Euro 0.01 ordinary | CFD
| Short | 301 | 9.473504 GBP |
Euro 0.01 ordinary | CFD
| Short | 655 | 9.44215 GBP |
Euro 0.01 ordinary | CFD
| Short | 1056 | 9.441704 GBP |
Euro 0.01 ordinary | CFD
| Short | 59 | 9.483395 GBP |
Euro 0.01 ordinary | CFD
| Short | 3955 | 9.473458 GBP |
Euro 0.01 ordinary | CFD
| Short | 396 | 9.456279 GBP |
Euro 0.01 ordinary | CFD
| Short | 457 | 9.475311 GBP |
Euro 0.01 ordinary | CFD
| Short | 649 | 9.45774 GBP |
Euro 0.01 ordinary | CFD
| Short | 667 | 9.446209 GBP |
Euro 0.01 ordinary | CFD
| Short | 1002 | 9.477289 GBP |
Euro 0.01 ordinary | CFD
| Short | 1029 | 9.455813 GBP |
Euro 0.01 ordinary | CFD
| Short | 1122 | 9.467962 GBP |
Euro 0.01 ordinary | CFD
| Short | 128 | 9.482683 GBP |
Euro 0.01 ordinary | CFD
| Short | 9339 | 9.472837 GBP |
Euro 0.01 ordinary | CFD
| Short | 1042 | 9.472299 GBP |
Euro 0.01 ordinary | CFD
| Short | 17 | 9.483138 GBP |
Euro 0.01 ordinary | CFD
| Short | 1778 | 9.472687 GBP |
Euro 0.01 ordinary | CFD
| Short | 28 | 9.48125 GBP |
Euro 0.01 ordinary | CFD
| Short | 213 | 9.479302 GBP |
Euro 0.01 ordinary | CFD
| Short | 282 | 9.473982 GBP |
Euro 0.01 ordinary | CFD
| Short | 349 | 9.470123 GBP |
Euro 0.01 ordinary | CFD
| Short | 471 | 9.455818 GBP |
Euro 0.01 ordinary | CFD
| Short | 1527 | 9.472857 GBP |
Euro 0.01 ordinary | CFD
| Short | 154 | 9.47787 GBP |
Euro 0.01 ordinary | CFD
| Short | 170 | 9.455847 GBP |
Euro 0.01 ordinary | CFD
| Short | 172 | 9.472843 GBP |
Euro 0.01 ordinary | CFD
| Short | 180 | 9.467997 GBP |
Euro 0.01 ordinary | CFD
| Short | 1133 | 9.47719 GBP |
Euro 0.01 ordinary | CFD
| Short | 1159 | 9.455806 GBP |
Euro 0.01 ordinary | CFD
| Short | 1179 | 9.472319 GBP |
Euro 0.01 ordinary | CFD
| Short | 1256 | 9.467992 GBP |
Euro 0.01 ordinary | CFD
| Short | 150 | 9.482593 GBP |
Euro 0.01 ordinary | CFD
| Short | 10547 | 9.472828 GBP |
Euro 0.01 ordinary | CFD
| Short | 3550 | 9.443009 GBP |
Euro 0.01 ordinary | CFD
| Short | 294 | 9.472444 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) |
|
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: | 26 January 2018 |
| Contact name: | Wendy Dent |
| Telephone number: | +44 (0)207 568 1245 |
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 [email protected]
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
Related Shares:
GVC.LLadbrokes Coral