28th Dec 2017 14:29
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: | 22 December 2017 |
(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
| 1766302
| 9.25000 GBP | 9.10935 GBP |
Euro 0.01 ordinary | Sell
| 1883054
| 9.37531 GBP | 9.07500 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 | 1277 | 9.157501958 GBP |
Euro 0.01 ordinary | CFD
| Long | 2817 | 9.1575 GBP |
Euro 0.01 ordinary | CFD
| Long | 1401 | 9.157501784 GBP |
Euro 0.01 ordinary | CFD
| Long | 1410 | 9.266723 GBP |
Euro 0.01 ordinary | CFD
| Long | 70500 | 9.2500000925 GBP |
Euro 0.01 ordinary | CFD
| Long | 7041 | 9.266725 GBP |
Euro 0.01 ordinary | CFD
| Long | 59781 | 9.266724 GBP |
Euro 0.01 ordinary | CFD
| Long | 172 | 9.266744 GBP |
Euro 0.01 ordinary | CFD
| Long | 2096 | 9.266722 GBP |
Euro 0.01 ordinary | CFD
| Long | 77550 | 9.1008 GBP |
Euro 0.01 ordinary | CFD
| Long | 100000 | 9.37531 GBP |
Euro 0.01 ordinary | CFD
| Long | 77550 | 9.08090999 GBP |
Euro 0.01 ordinary | CFD
| Short | 129 | 9.230923 GBP |
Euro 0.01 ordinary | CFD
| Short | 55000 | 9.16643727 GBP |
Euro 0.01 ordinary | CFD
| Short | 399 | 9.222628 GBP |
Euro 0.01 ordinary | CFD
| Short | 473 | 9.170123 GBP |
Euro 0.01 ordinary | CFD
| Short | 3529 | 9.14371 GBP |
Euro 0.01 ordinary | CFD
| Short | 4461 | 9.159743 GBP |
Euro 0.01 ordinary | CFD
| Short | 781 | 9.193705 GBP |
Euro 0.01 ordinary | CFD
| Short | 2714 | 9.17422 GBP |
Euro 0.01 ordinary | CFD
| Short | 3925 | 9.159734 GBP |
Euro 0.01 ordinary | CFD
| Short | 979 | 9.240924 GBP |
Euro 0.01 ordinary | CFD
| Short | 65 | 9.223037 GBP |
Euro 0.01 ordinary | CFD
| Short | 85 | 9.168769 GBP |
Euro 0.01 ordinary | CFD
| Short | 138 | 9.194085 GBP |
Euro 0.01 ordinary | CFD
| Short | 471 | 9.174673 GBP |
Euro 0.01 ordinary | CFD
| Short | 661 | 9.159459 GBP |
Euro 0.01 ordinary | CFD
| Short | 256 | 9.18046 GBP |
Euro 0.01 ordinary | CFD
| Short | 280 | 9.228147 GBP |
Euro 0.01 ordinary | CFD
| Short | 841 | 9.186952 GBP |
Euro 0.01 ordinary | CFD
| Short | 1471 | 9.182165 GBP |
Euro 0.01 ordinary | CFD
| Short | 1917 | 9.16517 GBP |
Euro 0.01 ordinary | CFD
| Short | 780 | 9.222679 GBP |
Euro 0.01 ordinary | CFD
| Short | 919 | 9.170161 GBP |
Euro 0.01 ordinary | CFD
| Short | 1538 | 9.193476 GBP |
Euro 0.01 ordinary | CFD
| Short | 5308 | 9.174286 GBP |
Euro 0.01 ordinary | CFD
| Short | 7660 | 9.15971 GBP |
Euro 0.01 ordinary | CFD
| Short | 621 | 9.157504026 GBP |
Euro 0.01 ordinary | CFD
| Short | 98 | 9.184301 GBP |
Euro 0.01 ordinary | CFD
| Short | 121 | 9.229003 GBP |
Euro 0.01 ordinary | CFD
| Short | 379 | 9.183546 GBP |
Euro 0.01 ordinary | CFD
| Short | 613 | 9.184797 GBP |
Euro 0.01 ordinary | CFD
| Short | 753 | 9.166298 GBP |
Euro 0.01 ordinary | CFD
| Short | 3865 | 9.157500647 GBP |
Euro 0.01 ordinary | CFD
| Short | 663 | 9.185126 GBP |
Euro 0.01 ordinary | CFD
| Short | 796 | 9.227437 GBP |
Euro 0.01 ordinary | CFD
| Short | 2408 | 9.18396 GBP |
Euro 0.01 ordinary | CFD
| Short | 3741 | 9.18383 GBP |
Euro 0.01 ordinary | CFD
| Short | 4782 | 9.166683 GBP |
Euro 0.01 ordinary | CFD
| Short | 452 | 9.222705 GBP |
Euro 0.01 ordinary | CFD
| Short | 537 | 9.17004 GBP |
Euro 0.01 ordinary | CFD
| Short | 887 | 9.193724 GBP |
Euro 0.01 ordinary | CFD
| Short | 3084 | 9.174198 GBP |
Euro 0.01 ordinary | CFD
| Short | 968 | 9.1575 GBP |
Euro 0.01 ordinary | CFD
| Short | 196815 | 9.109349 GBP |
Euro 0.01 ordinary | CFD
| Short | 3185 | 9.10935 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: | 27 December 2017 |
| 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