15th Jan 2018 11:37
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 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
| 111771 | 9.60000 GBP | 9.25501 GBP |
Euro 0.01 ordinary | Sell
| 272666 | 9.55501 GBP | 9.25501 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 | 3000000 | 4.1341 GBP |
Euro 0.01 ordinary | CFD
| Long | 5577 | 4.251426 GBP |
Euro 0.01 ordinary | CFD
| Long | 576448 | 4.193428 GBP |
Euro 0.01 ordinary | CFD
| Long | 1022100 | 4.1426 GBP |
Euro 0.01 ordinary | CFD
| Long | 1994423 | 4.251427 GBP |
Euro 0.01 ordinary | CFD
| Long | 11193 | 4.19226123470026 GBP |
Euro 0.01 ordinary | CFD
| Long | 117492 | 4.196689 GBP |
Euro 0.01 ordinary | CFD
| Long | 304259 | 4.129124 GBP |
Euro 0.01 ordinary | CFD
| Long | 2010902 | 4.118295 GBP |
Euro 0.01 ordinary | CFD
| Long | 100000 | 4.283357 GBP |
Euro 0.01 ordinary | CFD
| Long | 3000000 | 4.1986 GBP |
Euro 0.01 ordinary | CFD
| Long | 2926580 | 4.1971 GBP |
Euro 0.01 ordinary | CFD
| Long | 3000000 | 4.227 GBP |
Euro 0.01 ordinary | CFD
| Long | 2758 | 4.195702 GBP |
Euro 0.01 ordinary | CFD
| Long | 80000 | 4.09499799 GBP |
Euro 0.01 ordinary | CFD
| Long | 2228 | 4.16 GBP |
Euro 0.01 ordinary | CFD
| Long | 2100 | 4.157422 GBP |
Euro 0.01 ordinary | CFD
| Long | 22397 | 4.203349 GBP |
Euro 0.01 ordinary | CFD
| Long | 24169 | 4.193427 GBP |
Euro 0.01 ordinary | CFD
| Long | 15300 | 4.184537 GBP |
Euro 0.01 ordinary | CFD
| Long | 159101 | 4.2 GBP |
Euro 0.01 ordinary | CFD
| Long | 21276 | 4.169 GBP |
Euro 0.01 ordinary | CFD
| Long | 106399 | 4.2098 GBP |
Euro 0.01 ordinary | CFD
| Long | 140634 | 4.2065 GBP |
Euro 0.01 ordinary | CFD
| Short | 33700 | 4.1769 GBP |
Euro 0.01 ordinary | CFD
| Short | 48500 | 4.193566 GBP |
Euro 0.01 ordinary | CFD
| Short | 87500 | 4.25581 GBP |
Euro 0.01 ordinary | CFD
| Short | 210 | 4.2342380952381 GBP |
Euro 0.01 ordinary | CFD
| Short | 308174 | 4.09061796257958 GBP |
Euro 0.01 ordinary | CFD
| Short | 8218 | 4.2 GBP |
Euro 0.01 ordinary | CFD
| Short | 81700 | 4.09319938 GBP |
Euro 0.01 ordinary | CFD
| Short | 1404217 | 4.1639 GBP |
Euro 0.01 ordinary | CFD
| Short | 245317 | 4.107 GBP |
Euro 0.01 ordinary | CFD
| Short | 514061 | 4.1274 GBP |
Euro 0.01 ordinary | CFD
| Short | 170000 | 4.203 GBP |
Euro 0.01 ordinary | CFD
| Short | 1500000 | 4.16278 GBP |
Euro 0.01 ordinary | CFD
| Short | 245476 | 4.163847 GBP |
Euro 0.01 ordinary | CFD
| Short | 95394 | 4.169 GBP |
Euro 0.01 ordinary | CFD
| Short | 200 | 4.167 GBP |
Euro 0.01 ordinary | CFD
| Short | 10244 | 4.113025 GBP |
Euro 0.01 ordinary | CFD
| Short | 8913 | 4.23424660608101 GBP |
Euro 0.01 ordinary | CFD
| Short | 34000 | 4.1528 GBP |
Euro 0.01 ordinary | CFD
| Short | 264 | 4.165667 GBP |
Euro 0.01 ordinary | CFD
| Short | 100000 | 4.130477 GBP |
Euro 0.01 ordinary | CFD
| Long | 762 | 9.555013123 GBP |
Euro 0.01 ordinary | CFD
| Long | 6276 | 9.47525972 GBP |
Euro 0.01 ordinary | CFD
| Long | 5359 | 9.400097 GBP |
Euro 0.01 ordinary | CFD
| Long | 39515 | 9.400098 GBP |
Euro 0.01 ordinary | CFD
| Long | 17867 | 9.34876975336 GBP |
Euro 0.01 ordinary | CFD
| Long | 342 | 9.54748538 GBP |
Euro 0.01 ordinary | CFD
| Long | 19091 | 9.2954 GBP |
Euro 0.01 ordinary | CFD
| Long | 71468 | 9.3225 GBP |
Euro 0.01 ordinary | CFD
| Long | 1809 | 9.547501382 GBP |
Euro 0.01 ordinary | CFD
| Long | 582 | 9.555 GBP |
Euro 0.01 ordinary | CFD
| Long | 951 | 9.400095 GBP |
Euro 0.01 ordinary | CFD
| Short | 674 | 9.555 GBP |
Euro 0.01 ordinary | CFD
| Short | 1352 | 9.5475 GBP |
Euro 0.01 ordinary | CFD
| Short | 355 | 9.555014085 GBP |
Euro 0.01 ordinary | CFD
| Short | 315 | 9.554984127 GBP |
Euro 0.01 ordinary | CFD
| Short | 799 | 9.547496871 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: | 15 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