27th Feb 2018 10:34
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: | 26 February 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
| 920880 | 9.042207 GBP | 9.00251 GBP |
Euro 0.01 ordinary | Sell
| 693622 | 9.12750 GBP | 9.00251 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 | 12355 | 9.081081 GBP |
Euro 0.01 ordinary | CFD
| Long | 95 | 9.051184 GBP |
Euro 0.01 ordinary | CFD
| Long | 40 | 9.025 GBP |
Euro 0.01 ordinary | CFD
| Long | 1143 | 9.0836 GBP |
Euro 0.01 ordinary | CFD
| Long | 14984 | 9.042553 GBP |
Euro 0.01 ordinary | CFD
| Long | 99803 | 9.045 GBP |
Euro 0.01 ordinary | CFD
| Short | 3029 | 9.0254 GBP |
Euro 0.01 ordinary | CFD
| Short | 144 | 9.0525 GBP |
Euro 0.01 ordinary | CFD
| Short | 47093 | 9.04698894 GBP |
Euro 0.01 ordinary | CFD
| Short | 5800 | 9.066606 GBP |
Euro 0.01 ordinary | CFD
| Short | 38267 | 9.08600596 GBP |
Euro 0.01 ordinary | CFD
| Short | 104 | 9.077121 GBP |
Euro 0.01 ordinary | CFD
| Short | 196 | 9.029487 GBP |
Euro 0.01 ordinary | CFD
| Short | 198 | 9.020902 GBP |
Euro 0.01 ordinary | CFD
| Short | 251 | 9.131112 GBP |
Euro 0.01 ordinary | CFD
| Short | 374 | 9.01525 GBP |
Euro 0.01 ordinary | CFD
| Short | 398 | 9.033866 GBP |
Euro 0.01 ordinary | CFD
| Short | 416 | 9.026182 GBP |
Euro 0.01 ordinary | CFD
| Short | 889 | 9.108242 GBP |
Euro 0.01 ordinary | CFD
| Short | 5128 | 9.05543 GBP |
Euro 0.01 ordinary | CFD
| Short | 16354 | 9.037842 GBP |
Euro 0.01 ordinary | CFD
| Short | 6562 | 9.049332 GBP |
Euro 0.01 ordinary | CFD
| Short | 80000 | 9.144521 GBP |
Euro 0.01 ordinary | CFD
| Short | 25495 | 9.055 GBP |
Euro 0.01 ordinary | CFD
| Short | 82849 | 9.0565 GBP |
Euro 0.01 ordinary | CFD
| Short | 2431 | 9.06090909090909 GBP |
Euro 0.01 ordinary | CFD
| Short | 37259 | 9.04285622265761 GBP |
Euro 0.01 ordinary | CFD
| Short | 2399 | 9.08646102542726 GBP |
Euro 0.01 ordinary | CFD
| Short | 4772 | 12.6262773 USD |
(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: | 27 February 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