Form 8.5 (EPT/RI) GVC Holdings plc

(a) Name of exempt principal trader:

Deutsche Bank AG 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:

26/01/2018

(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

Class of relevant security

Purchases/ sales

Total number of securities

Highest price per unit paid/received

GBP

Lowest price per unit paid/received

GBP

Euro 0.01 ordinary

Purchases

 806,759

 9.2950

 9.0500

Euro 0.01 ordinary

Sales

 580,212

 9.3050

 9.0350

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

GBP

Euro 0.01 ordinary

Swap

Long

426

 9.2598

Euro 0.01 ordinary

Swap

Long

862

 9.2192

Euro 0.01 ordinary

Swap

Long

2,024

 9.1914

Euro 0.01 ordinary

Swap

Long

2,078

 9.0763

Euro 0.01 ordinary

Swap

Long

3,112

 9.2218

Euro 0.01 ordinary

Swap

Long

3,219

 9.2164

Euro 0.01 ordinary

Swap

Long

5,996

 9.0654

Euro 0.01 ordinary

Swap

Long

12,121

 9.2150

Euro 0.01 ordinary

Swap

Long

12,498

 9.0565

Euro 0.01 ordinary

Swap

Long

13,064

 9.0885

Euro 0.01 ordinary

Swap

Long

22,319

 9.0916

Euro 0.01 ordinary

Swap

Long

23,748

 9.0523

Euro 0.01 ordinary

Swap

Long

65,109

 9.1621

Euro 0.01 ordinary

Swap

Long

69,832

 9.1719

Euro 0.01 ordinary

Swap

Short

3

 9.2010

Euro 0.01 ordinary

Swap

Short

6

 9.2443

Euro 0.01 ordinary

Swap

Short

6

 9.2368

Euro 0.01 ordinary

Swap

Short

10

 9.2534

Euro 0.01 ordinary

Swap

Short

19

 9.2203

Euro 0.01 ordinary

Swap

Short

20

 9.2419

Euro 0.01 ordinary

Swap

Short

20

 9.2428

Euro 0.01 ordinary

Swap

Short

21

 9.2263

Euro 0.01 ordinary

Swap

Short

24

 9.0978

Euro 0.01 ordinary

Swap

Short

25

 9.2300

Euro 0.01 ordinary

Swap

Short

29

 9.0795

Euro 0.01 ordinary

Swap

Short

32

 9.2356

Euro 0.01 ordinary

Swap

Short

35

 9.1739

Euro 0.01 ordinary

Swap

Short

36

 9.1531

Euro 0.01 ordinary

Swap

Short

49

 9.2443

Euro 0.01 ordinary

Swap

Short

50

 9.2238

Euro 0.01 ordinary

Swap

Short

51

 9.0803

Euro 0.01 ordinary

Swap

Short

56

 9.2567

Euro 0.01 ordinary

Swap

Short

63

 9.2553

Euro 0.01 ordinary

Swap

Short

73

 9.1746

Euro 0.01 ordinary

Swap

Short

74

 9.0924

Euro 0.01 ordinary

Swap

Short

87

 9.0922

Euro 0.01 ordinary

Swap

Short

89

 9.2044

Euro 0.01 ordinary

Swap

Short

96

 9.2067

Euro 0.01 ordinary

Swap

Short

108

 9.1359

Euro 0.01 ordinary

Swap

Short

110

 9.2092

Euro 0.01 ordinary

Swap

Short

126

 9.2315

Euro 0.01 ordinary

Swap

Short

130

 9.2239

Euro 0.01 ordinary

Swap

Short

144

 9.1749

Euro 0.01 ordinary

Swap

Short

146

 9.2244

Euro 0.01 ordinary

Swap

Short

157

 9.1352

Euro 0.01 ordinary

Swap

Short

160

 9.2357

Euro 0.01 ordinary

Swap

Short

160

 9.2415

Euro 0.01 ordinary

Swap

Short

161

 9.1750

Euro 0.01 ordinary

Swap

Short

176

 9.2237

Euro 0.01 ordinary

Swap

Short

177

 9.1349

Euro 0.01 ordinary

Swap

Short

178

 9.1645

Euro 0.01 ordinary

Swap

Short

200

 9.0798

Euro 0.01 ordinary

Swap

Short

223

 9.1231

Euro 0.01 ordinary

Swap

Short

232

 9.1334

Euro 0.01 ordinary

Swap

Short

255

 9.1650

Euro 0.01 ordinary

Swap

Short

283

 9.1750

Euro 0.01 ordinary

Swap

Short

309

 9.2449

Euro 0.01 ordinary

Swap

Short

314

 9.1074

Euro 0.01 ordinary

Swap

Short

470

 9.1493

Euro 0.01 ordinary

Swap

Short

507

 9.1008

Euro 0.01 ordinary

Swap

Short

557

 9.2247

Euro 0.01 ordinary

Swap

Short

609

 9.1642

Euro 0.01 ordinary

Swap

Short

701

 9.2082

Euro 0.01 ordinary

Swap

Short

809

 9.1723

Euro 0.01 ordinary

Swap

Short

1,011

 9.1657

Euro 0.01 ordinary

Swap

Short

1,159

 9.1732

Euro 0.01 ordinary

Swap

Short

1,199

 9.1347

Euro 0.01 ordinary

Swap

Short

1,361

 9.1479

Euro 0.01 ordinary

Swap

Short

1,394

 9.1571

Euro 0.01 ordinary

Swap

Short

1,398

 9.1207

Euro 0.01 ordinary

Swap

Short

1,474

 9.1583

Euro 0.01 ordinary

Swap

Short

1,562

 9.1566

Euro 0.01 ordinary

Swap

Short

1,722

 9.1567

Euro 0.01 ordinary

Swap

Short

1,806

 9.2114

Euro 0.01 ordinary

Swap

Short

1,852

 9.1738

Euro 0.01 ordinary

Swap

Short

1,895

 9.1739

Euro 0.01 ordinary

Swap

Short

3,133

 9.1531

Euro 0.01 ordinary

Swap

Short

4,891

 9.1658

Euro 0.01 ordinary

Swap

Short

6,522

 9.1660

Euro 0.01 ordinary

Swap

Short

7,187

 9.1567

Euro 0.01 ordinary

Swap

Short

8,200

 9.1467

Euro 0.01 ordinary

Swap

Short

11,438

 9.1737

Euro 0.01 ordinary

Swap

Short

12,121

 9.2150

Euro 0.01 ordinary

Swap

Short

19,953

 9.2050

Euro 0.01 ordinary

Swap

Short

63,568

 9.0507

Euro 0.01 ordinary

Swap

Short

299,189

 9.2008

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

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

Class of relevant security

Nature of dealing

e.g. subscription, conversion

Details

Price per unit (if applicable)

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

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

29/01/2018

Tung T Le

0207 547 1355