20th Dec 2017 12:33
This announcement replaces the previous RNS announcement 6512Z released at 11:52pm on the 15th December 2017. Amendment made to section 2 (a). All other information remains unchanged
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: | 15 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
| 350303 | 9.28000 GBP | 9.20463 GBP |
Euro 0.01 ordinary | Sell
| 436548 | 9.28000 GBP | 9.20571 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 | 12 | 9.24 GBP |
Euro 0.01 ordinary | CFD
| Long | 90689 | 9.2422 GBP |
Euro 0.01 ordinary | CFD
| Long | 21150 | 9.26432 GBP |
Euro 0.01 ordinary | CFD
| Short | 2165 | 9.242449 GBP |
Euro 0.01 ordinary | CFD
| Short | 1020 | 9.249989 GBP |
Euro 0.01 ordinary | CFD
| Short | 947 | 9.253849 GBP |
Euro 0.01 ordinary | CFD
| Short | 3718 | 9.252642 GBP |
Euro 0.01 ordinary | CFD
| Short | 74 | 9.23937 GBP |
Euro 0.01 ordinary | CFD
| Short | 4 | 9.25155 GBP |
Euro 0.01 ordinary | CFD
| Short | 1046 | 9.20463 GBP |
Euro 0.01 ordinary | CFD
| Short | 190 | 9.22832 GBP |
Euro 0.01 ordinary | CFD
| Short | 987 | 9.250925 GBP |
Euro 0.01 ordinary | CFD
| Short | 19 | 9.235924 GBP |
Euro 0.01 ordinary | CFD
| Short | 100 | 9.224027 GBP |
Euro 0.01 ordinary | CFD
| Short | 22 | 9.226203 GBP |
Euro 0.01 ordinary | CFD
| Short | 35 | 9.18459 GBP |
Euro 0.01 ordinary | CFD
| Short | 169 | 9.21804 GBP |
Euro 0.01 ordinary | CFD
| Short | 281 | 9.227306 GBP |
Euro 0.01 ordinary | CFD
| Short | 6 | 9.219582 GBP |
Euro 0.01 ordinary | CFD
| Short | 8 | 9.237799 GBP |
Euro 0.01 ordinary | CFD
| Short | 494 | 9.249945 GBP |
Euro 0.01 ordinary | CFD
| Short | 12 | 9.24 GBP |
Euro 0.01 ordinary | CFD
| Short | 1823 | 9.252784 GBP |
Euro 0.01 ordinary | CFD
| Short | 85 | 9.227953 GBP |
Euro 0.01 ordinary | CFD
| Short | 169 | 9.225983 GBP |
Euro 0.01 ordinary | CFD
| Short | 222 | 9.226672 GBP |
Euro 0.01 ordinary | CFD
| Short | 4 | 9.255926 GBP |
Euro 0.01 ordinary | CFD
| Short | 493 | 9.226999 GBP |
Euro 0.01 ordinary | CFD
| Short | 20 | 9.238174 GBP |
Euro 0.01 ordinary | CFD
| Short | 370 | 9.227975 GBP |
Euro 0.01 ordinary | CFD
| Short | 824 | 9.228151 GBP |
Euro 0.01 ordinary | CFD
| Short | 1505 | 9.251861 GBP |
Euro 0.01 ordinary | CFD
| Short | 1589 | 9.23958 GBP |
Euro 0.01 ordinary | CFD
| Short | 377 | 9.226126 GBP |
Euro 0.01 ordinary | CFD
| Short | 266 | 9.232603 GBP |
Euro 0.01 ordinary | CFD
| Short | 113 | 9.244189 GBP |
Euro 0.01 ordinary | CFD
| Short | 149 | 9.212726 GBP |
Euro 0.01 ordinary | CFD
| Short | 216 | 9.224904 GBP |
Euro 0.01 ordinary | CFD
| Short | 14 | 9.229271 GBP |
Euro 0.01 ordinary | CFD
| Short | 27 | 9.225965 GBP |
Euro 0.01 ordinary | CFD
| Short | 36 | 9.226097 GBP |
Euro 0.01 ordinary | CFD
| Short | 78 | 9.250574 GBP |
Euro 0.01 ordinary | CFD
| Short | 284 | 9.252946 GBP |
Euro 0.01 ordinary | CFD
| Short | 253 | 9.239607 GBP |
Euro 0.01 ordinary | CFD
| Short | 14 | 9.239853 GBP |
Euro 0.01 ordinary | CFD
| Short | 351 | 9.242605 GBP |
Euro 0.01 ordinary | CFD
| Short | 59 | 9.228238 GBP |
Euro 0.01 ordinary | CFD
| Short | 129 | 9.228065 GBP |
Euro 0.01 ordinary | CFD
| Short | 246 | 9.251425 GBP |
Euro 0.01 ordinary | CFD
| Short | 265 | 9.228189 GBP |
Euro 0.01 ordinary | CFD
| Short | 496 | 9.251571 GBP |
Euro 0.01 ordinary | CFD
| Short | 499 | 9.238822 GBP |
Euro 0.01 ordinary | CFD
| Short | 826 | 9.244421 GBP |
Euro 0.01 ordinary | CFD
| Short | 25 | 9.238924 GBP |
Euro 0.01 ordinary | CFD
| Short | 121 | 9.228443 GBP |
Euro 0.01 ordinary | CFD
| Short | 13 | 9.237462 GBP |
Euro 0.01 ordinary | CFD
| Short | 493 | 9.250058 GBP |
Euro 0.01 ordinary | CFD
| Short | 1809 | 9.252711 GBP |
Euro 0.01 ordinary | CFD
| Short | 88 | 9.227931 GBP |
Euro 0.01 ordinary | CFD
| Short | 175 | 9.226046 GBP |
Euro 0.01 ordinary | CFD
| Short | 232 | 9.22685 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: | 20 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