4th Jan 2018 14:00
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: | 03 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
| 1233493 | 9.69751 GBP | 9.41000 GBP |
Euro 0.01 ordinary | Sell
| 1344471 | 9.70000 GBP | 9.40250 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 | 354 | 9.648008 GBP |
Euro 0.01 ordinary | CFD
| Long | 1843 | 9.652501357 GBP |
Euro 0.01 ordinary | CFD
| Long | 259 | 9.669033 GBP |
Euro 0.01 ordinary | CFD
| Long | 9 | 9.663818 GBP |
Euro 0.01 ordinary | CFD
| Long | 500 | 9.631092 GBP |
Euro 0.01 ordinary | CFD
| Long | 193 | 9.657091 GBP |
Euro 0.01 ordinary | CFD
| Long | 95 | 9.648184 GBP |
Euro 0.01 ordinary | CFD
| Long | 36 | 9.663779 GBP |
Euro 0.01 ordinary | CFD
| Long | 9 | 9.689031 GBP |
Euro 0.01 ordinary | CFD
| Long | 66 | 9.662443 GBP |
Euro 0.01 ordinary | CFD
| Long | 193 | 9.652487047 GBP |
Euro 0.01 ordinary | CFD
| Long | 643 | 9.642503888 GBP |
Euro 0.01 ordinary | CFD
| Long | 663 | 9.631702 GBP |
Euro 0.01 ordinary | CFD
| Long | 4679 | 9.6525 GBP |
Euro 0.01 ordinary | CFD
| Long | 56 | 9.627587 GBP |
Euro 0.01 ordinary | CFD
| Long | 54 | 9.648241 GBP |
Euro 0.01 ordinary | CFD
| Long | 1978 | 9.652502528 GBP |
Euro 0.01 ordinary | CFD
| Long | 759 | 9.652503294 GBP |
Euro 0.01 ordinary | CFD
| Long | 64 | 9.668642 GBP |
Euro 0.01 ordinary | CFD
| Long | 261 | 9.630735 GBP |
Euro 0.01 ordinary | CFD
| Long | 289 | 9.65249135 GBP |
Euro 0.01 ordinary | CFD
| Long | 55 | 9.668578 GBP |
Euro 0.01 ordinary | CFD
| Long | 722 | 9.630727 GBP |
Euro 0.01 ordinary | CFD
| Long | 41 | 9.663798 GBP |
Euro 0.01 ordinary | CFD
| Long | 274 | 9.627625 GBP |
Euro 0.01 ordinary | CFD
| Long | 4564 | 9.6425 GBP |
Euro 0.01 ordinary | CFD
| Long | 49 | 9.63029 GBP |
Euro 0.01 ordinary | CFD
| Long | 4841 | 9.652499484 GBP |
Euro 0.01 ordinary | CFD
| Long | 105809 | 9.427058 GBP |
Euro 0.01 ordinary | CFD
| Long | 2256 | 9.427057 GBP |
Euro 0.01 ordinary | CFD
| Long | 1697 | 9.42706 GBP |
Euro 0.01 ordinary | CFD
| Long | 1358 | 9.652496318 GBP |
Euro 0.01 ordinary | CFD
| Long | 183 | 9.62806 GBP |
Euro 0.01 ordinary | CFD
| Long | 1185 | 9.64249789 GBP |
Euro 0.01 ordinary | CFD
| Long | 4 | 9.66208 GBP |
Euro 0.01 ordinary | CFD
| Long | 433 | 9.652494226 GBP |
Euro 0.01 ordinary | CFD
| Long | 1831 | 9.616417 GBP |
Euro 0.01 ordinary | CFD
| Long | 1610 | 9.67919255 GBP |
Euro 0.01 ordinary | CFD
| Long | 105359 | 9.445 GBP |
Euro 0.01 ordinary | CFD
| Long | 100000 | 9.631337 GBP |
Euro 0.01 ordinary | CFD
| Short | 1321 | 9.571014 GBP |
Euro 0.01 ordinary | CFD
| Short | 138 | 9.652536232 GBP |
Euro 0.01 ordinary | CFD
| Short | 231 | 9.490424 GBP |
Euro 0.01 ordinary | CFD
| Short | 384 | 9.431386 GBP |
Euro 0.01 ordinary | CFD
| Short | 938 | 9.440283 GBP |
Euro 0.01 ordinary | CFD
| Short | 3822 | 9.6525 GBP |
Euro 0.01 ordinary | CFD
| Short | 21 | 9.58324 GBP |
Euro 0.01 ordinary | CFD
| Short | 105359 | 9.445 GBP |
Euro 0.01 ordinary | CFD
| Short | 1 | 9.450378 GBP |
Euro 0.01 ordinary | CFD
| Short | 1034 | 9.644911 GBP |
Euro 0.01 ordinary | CFD
| Short | 18 | 9.650386 GBP |
Euro 0.01 ordinary | CFD
| Short | 55 | 9.548473 GBP |
Euro 0.01 ordinary | CFD
| Short | 2998 | 9.652498332 GBP |
Euro 0.01 ordinary | CFD
| Short | 3699 | 9.642500676 GBP |
Euro 0.01 ordinary | CFD
| Short | 539 | 9.652504638 GBP |
Euro 0.01 ordinary | CFD
| Short | 857 | 9.467366 GBP |
Euro 0.01 ordinary | CFD
| Short | 99 | 9.557806 GBP |
Euro 0.01 ordinary | CFD
| Short | 974 | 9.652494867 GBP |
Euro 0.01 ordinary | CFD
| Short | 3891 | 9.652500643 GBP |
Euro 0.01 ordinary | CFD
| Short | 290 | 9.652482759 GBP |
Euro 0.01 ordinary | CFD
| Short | 1500 | 9.6425 GBP |
Euro 0.01 ordinary | CFD
| Short | 62 | 9.415942 GBP |
Euro 0.01 ordinary | CFD
| Short | 152 | 9.559395 GBP |
Euro 0.01 ordinary | CFD
| Short | 839 | 9.65250298 GBP |
Euro 0.01 ordinary | CFD
| Short | 1193 | 9.642497904 GBP |
Euro 0.01 ordinary | CFD
| Short | 1998 | 9.652497498 GBP |
Euro 0.01 ordinary | CFD
| Short | 949 | 9.652497366 GBP |
Euro 0.01 ordinary | CFD
| Short | 30 | 9.652333333 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: | 04 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