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:

02/01/2018

(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"

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

Purchase

29,276

9.4409

9.3101

Euro 0.01 ordinary

Sale

54,383

9.4450

9.4201

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

1,693

9.4274

Euro 0.01 ordinary

Swap

Long

2,373

9.4448

Euro 0.01 ordinary

Swap

Long

45,353

9.4201

Euro 0.01 ordinary

Swap

Short

1

9.4353

Euro 0.01 ordinary

Swap

Short

1

9.4352

Euro 0.01 ordinary

Swap

Short

6

9.4400

Euro 0.01 ordinary

Swap

Short

13

9.4083

Euro 0.01 ordinary

Swap

Short

14

9.4116

Euro 0.01 ordinary

Swap

Short

24

9.4055

Euro 0.01 ordinary

Swap

Short

27

9.4047

Euro 0.01 ordinary

Swap

Short

36

9.4112

Euro 0.01 ordinary

Swap

Short

42

9.4407

Euro 0.01 ordinary

Swap

Short

52

9.4355

Euro 0.01 ordinary

Swap

Short

53

9.4043

Euro 0.01 ordinary

Swap

Short

54

9.4119

Euro 0.01 ordinary

Swap

Short

69

9.4369

Euro 0.01 ordinary

Swap

Short

82

9.4182

Euro 0.01 ordinary

Swap

Short

87

9.4409

Euro 0.01 ordinary

Swap

Short

107

9.3936

Euro 0.01 ordinary

Swap

Short

125

9.4173

Euro 0.01 ordinary

Swap

Short

132

9.3940

Euro 0.01 ordinary

Swap

Short

166

9.4119

Euro 0.01 ordinary

Swap

Short

189

9.4356

Euro 0.01 ordinary

Swap

Short

198

9.4098

Euro 0.01 ordinary

Swap

Short

201

9.4117

Euro 0.01 ordinary

Swap

Short

217

9.4122

Euro 0.01 ordinary

Swap

Short

260

9.4105

Euro 0.01 ordinary

Swap

Short

287

9.4042

Euro 0.01 ordinary

Swap

Short

405

9.4113

Euro 0.01 ordinary

Swap

Short

420

9.4352

Euro 0.01 ordinary

Swap

Short

525

9.4190

Euro 0.01 ordinary

Swap

Short

544

9.4285

Euro 0.01 ordinary

Swap

Short

572

9.4296

Euro 0.01 ordinary

Swap

Short

572

9.4073

Euro 0.01 ordinary

Swap

Short

600

9.4058

Euro 0.01 ordinary

Swap

Short

613

9.4190

Euro 0.01 ordinary

Swap

Short

637

9.4059

Euro 0.01 ordinary

Swap

Short

681

9.3940

Euro 0.01 ordinary

Swap

Short

721

9.4191

Euro 0.01 ordinary

Swap

Short

1,021

9.4182

Euro 0.01 ordinary

Swap

Short

1,144

9.4295

Euro 0.01 ordinary

Swap

Short

1,182

9.4356

Euro 0.01 ordinary

Swap

Short

1,204

9.4173

Euro 0.01 ordinary

Swap

Short

1,335

9.4198

Euro 0.01 ordinary

Swap

Short

1,693

9.3099

Euro 0.01 ordinary

Swap

Short

1,810

9.4040

Euro 0.01 ordinary

Swap

Short

3,351

9.4187

Euro 0.01 ordinary

Swap

Short

3,741

9.4055

Euro 0.01 ordinary

Swap

Short

4,062

9.4156

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