12th Mar 2018 10:46
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: | 09 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
| 1307193 | 9.37515 GBP | 9.21249 GBP |
Euro 0.01 ordinary | Sell
| 1676693 | 9.4900 GBP | 9.20448 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 | 400 | 9.275 GBP |
Euro 0.01 ordinary | CFD
| Long | 30000 | 9.39602533 GBP |
Euro 0.01 ordinary | CFD
| Long | 50000 | 9.2044834 GBP |
Euro 0.01 ordinary | CFD
| Long | 25000 | 9.278108 GBP |
Euro 0.01 ordinary | CFD
| Long | 4952 | 9.36 GBP |
Euro 0.01 ordinary | CFD
| Long | 6200 | 9.395222 GBP |
Euro 0.01 ordinary | CFD
| Long | 347315 | 9.23395171 GBP |
Euro 0.01 ordinary | CFD
| Long | 148850 | 9.21530897 GBP |
Euro 0.01 ordinary | CFD
| Long | 3980 | 9.403152 GBP |
Euro 0.01 ordinary | CFD
| Short | 49055 | 9.381177 GBP |
Euro 0.01 ordinary | CFD
| Short | 641 | 9.40549141965679 GBP |
Euro 0.01 ordinary | CFD
| Short | 56198 | 9.425493 GBP |
Euro 0.01 ordinary | CFD
| Short | 30 | 9.377 GBP |
Euro 0.01 ordinary | CFD
| Short | 4952 | 9.280686 GBP |
Euro 0.01 ordinary | CFD
| Short | 13380 | 9.38266069 GBP |
Euro 0.01 ordinary | CFD
| Short | 1131 | 9.342887 GBP |
Euro 0.01 ordinary | CFD
| Short | 58505 | 9.455 GBP |
Euro 0.01 ordinary | CFD
| Short | 20065 | 9.37241186 GBP |
Euro 0.01 ordinary | CFD
| Short | 563 | 9.33646536412078 GBP |
Euro 0.01 ordinary | CFD
| Short | 2078 | 9.4055822906641 GBP |
Euro 0.01 ordinary | CFD
| Short | 7332 | 13.00646394 USD |
Euro 0.01 ordinary | CFD
| Short | 20991 | 9.313178 GBP |
Euro 0.01 ordinary | CFD
| Short | 644 | 9.33625776397516 GBP |
Euro 0.01 ordinary | CFD
| Short | 2366 | 9.40548182586644 GBP |
Euro 0.01 ordinary | CFD
| Short | 2247 | 9.37383 GBP |
Euro 0.01 ordinary | CFD
| Short | 265 | 9.378499 GBP |
Euro 0.01 ordinary | CFD
| Short | 116 | 9.383889 GBP |
Euro 0.01 ordinary | CFD
| Short | 8 | 9.40094 GBP |
Euro 0.01 ordinary | CFD
| Short | 484 | 9.379237 GBP |
Euro 0.01 ordinary | CFD
| Short | 581 | 9.383641 GBP |
Euro 0.01 ordinary | CFD
| Short | 586 | 9.37203 GBP |
Euro 0.01 ordinary | CFD
| Short | 6015 | 9.39862 GBP |
Euro 0.01 ordinary | CFD
| Short | 59 | 9.400764 GBP |
Euro 0.01 ordinary | CFD
| Short | 112 | 9.386249 GBP |
Euro 0.01 ordinary | CFD
| Short | 117 | 9.371313 GBP |
Euro 0.01 ordinary | CFD
| Short | 11 | 9.400285 GBP |
Euro 0.01 ordinary | CFD
| Short | 21 | 9.387944 GBP |
Euro 0.01 ordinary | CFD
| Short | 471 | 9.373849 GBP |
Euro 0.01 ordinary | CFD
| Short | 1233 | 9.398642 GBP |
Euro 0.01 ordinary | CFD
| Short | 54 | 9.378507 GBP |
Euro 0.01 ordinary | CFD
| Short | 101 | 9.378397 GBP |
Euro 0.01 ordinary | CFD
| Short | 125 | 9.378498 GBP |
Euro 0.01 ordinary | CFD
| Short | 244 | 9.37899 GBP |
Euro 0.01 ordinary | CFD
| Short | 264 | 9.371656 GBP |
Euro 0.01 ordinary | CFD
| Short | 268 | 9.383622 GBP |
Euro 0.01 ordinary | CFD
| Short | 27 | 9.40036 GBP |
Euro 0.01 ordinary | CFD
| Short | 1044 | 9.373663 GBP |
Euro 0.01 ordinary | CFD
| Short | 2794 | 9.398656 GBP |
Euro 0.01 ordinary | CFD
| Short | 49 | 9.387337 GBP |
Euro 0.01 ordinary | CFD
| Short | 299 | 9.322586 GBP |
Euro 0.01 ordinary | CFD
| Short | 416 | 9.341738 GBP |
Euro 0.01 ordinary | CFD
| Short | 4 | 9.35711 GBP |
Euro 0.01 ordinary | CFD
| Short | 957 | 9.382807 GBP |
Euro 0.01 ordinary | CFD
| Short | 1026 | 9.325117 GBP |
Euro 0.01 ordinary | CFD
| Short | 1654 | 9.3513 GBP |
Euro 0.01 ordinary | CFD
| Short | 174 | 9.3364367816092 GBP |
Euro 0.01 ordinary | CFD
| Short | 400 | 9.23 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: | 12 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:
GVC.LLadbrokes Coral