13th Mar 2018 11:25
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: | 12 March 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
| 1247585 | 9.679334 GBP | 9.55741 GBP |
Euro 0.01 ordinary | Sell
| 1540893 | 9.67933 GBP | 9.50533 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 | 2252 | 9.602998 GBP |
Euro 0.01 ordinary | CFD
| Long | 36954 | 9.582052 GBP |
Euro 0.01 ordinary | CFD
| Long | 5700 | 9.604983 GBP |
Euro 0.01 ordinary | CFD
| Long | 13380 | 9.59502541 GBP |
Euro 0.01 ordinary | CFD
| Long | 150814 | 9.61321316 GBP |
Euro 0.01 ordinary | CFD
| Long | 100 | 9.58925 GBP |
Euro 0.01 ordinary | CFD
| Long | 330512 | 9.607986 GBP |
Euro 0.01 ordinary | CFD
| Long | 31250 | 9.66492576 GBP |
Euro 0.01 ordinary | CFD
| Short | 669 | 9.589439 GBP |
Euro 0.01 ordinary | CFD
| Short | 17058 | 9.60532067065307 GBP |
Euro 0.01 ordinary | CFD
| Short | 3 | 9.651638 GBP |
Euro 0.01 ordinary | CFD
| Short | 3 | 9.642932 GBP |
Euro 0.01 ordinary | CFD
| Short | 40 | 9.643709 GBP |
Euro 0.01 ordinary | CFD
| Short | 22 | 9.653892 GBP |
Euro 0.01 ordinary | CFD
| Short | 504 | 9.654276 GBP |
Euro 0.01 ordinary | CFD
| Short | 25 | 9.622966 GBP |
Euro 0.01 ordinary | CFD
| Short | 79 | 9.64094 GBP |
Euro 0.01 ordinary | CFD
| Short | 102 | 9.654615 GBP |
Euro 0.01 ordinary | CFD
| Short | 123 | 9.645564 GBP |
Euro 0.01 ordinary | CFD
| Short | 8 | 9.637843 GBP |
Euro 0.01 ordinary | CFD
| Short | 8 | 9.650929 GBP |
Euro 0.01 ordinary | CFD
| Short | 36 | 9.654901 GBP |
Euro 0.01 ordinary | CFD
| Short | 50 | 9.622022 GBP |
Euro 0.01 ordinary | CFD
| Short | 66 | 9.622595 GBP |
Euro 0.01 ordinary | CFD
| Short | 134 | 9.639704 GBP |
Euro 0.01 ordinary | CFD
| Short | 234 | 9.654886 GBP |
Euro 0.01 ordinary | CFD
| Short | 1 | 9.596747 GBP |
Euro 0.01 ordinary | CFD
| Short | 21 | 9.636389 GBP |
Euro 0.01 ordinary | CFD
| Short | 25 | 9.65073 GBP |
Euro 0.01 ordinary | CFD
| Short | 81 | 9.654218 GBP |
Euro 0.01 ordinary | CFD
| Short | 109 | 9.621577 GBP |
Euro 0.01 ordinary | CFD
| Short | 124 | 9.622821 GBP |
Euro 0.01 ordinary | CFD
| Short | 396 | 9.639527 GBP |
Euro 0.01 ordinary | CFD
| Short | 1216 | 9.589507 GBP |
Euro 0.01 ordinary | CFD
| Short | 1437 | 9.60352122477383 GBP |
Euro 0.01 ordinary | CFD
| Short | 2025 | 9.60532345679012 GBP |
Euro 0.01 ordinary | CFD
| Short | 244452 | 9.565 GBP |
Euro 0.01 ordinary | CFD
| Short | 125 | 9.601 GBP |
Euro 0.01 ordinary | CFD
| Short | 23 | 9.619042 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: | 13 March 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:
Ladbrokes Coral