24th Jan 2018 11:18
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: | 23 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
| 691240 | 9.47000 GBP | 9.29500 GBP |
Euro 0.01 ordinary | Sell
| 1032540 | 9.47000 GBP | 9.29500 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 | 3063 | 9.35883125 GBP |
Euro 0.01 ordinary | CFD
| Long | 55 | 9.395090909 GBP |
Euro 0.01 ordinary | CFD
| Long | 439027 | 9.3849 GBP |
Euro 0.01 ordinary | CFD
| Long | 7456 | 9.384899 GBP |
Euro 0.01 ordinary | CFD
| Long | 1690 | 9.42505 GBP |
Euro 0.01 ordinary | CFD
| Long | 55563 | 9.395 GBP |
Euro 0.01 ordinary | CFD
| Long | 311 | 9.394983923 GBP |
Euro 0.01 ordinary | CFD
| Long | 8 | 9.3675 GBP |
Euro 0.01 ordinary | CFD
| Long | 1787 | 9.394997202 GBP |
Euro 0.01 ordinary | CFD
| Long | 24166 | 9.402448 GBP |
Euro 0.01 ordinary | CFD
| Short | 45656 | 9.396162 GBP |
Euro 0.01 ordinary | CFD
| Short | 62 | 9.3909 GBP |
Euro 0.01 ordinary | CFD
| Short | 103 | 9.310931 GBP |
Euro 0.01 ordinary | CFD
| Short | 922 | 9.30093 GBP |
Euro 0.01 ordinary | CFD
| Short | 2191 | 9.4275 GBP |
Euro 0.01 ordinary | CFD
| Short | 813 | 9.354951 GBP |
Euro 0.01 ordinary | CFD
| Short | 129 | 9.361548 GBP |
Euro 0.01 ordinary | CFD
| Short | 22 | 9.353557 GBP |
Euro 0.01 ordinary | CFD
| Short | 354 | 9.371468 GBP |
Euro 0.01 ordinary | CFD
| Short | 2 | 9.37 GBP |
Euro 0.01 ordinary | CFD
| Short | 692 | 9.363277 GBP |
Euro 0.01 ordinary | CFD
| Short | 153 | 9.366526 GBP |
Euro 0.01 ordinary | CFD
| Short | 17 | 9.370421 GBP |
Euro 0.01 ordinary | CFD
| Short | 717 | 9.355055 GBP |
Euro 0.01 ordinary | CFD
| Short | 586 | 9.384675 GBP |
Euro 0.01 ordinary | CFD
| Short | 52138 | 9.395 GBP |
Euro 0.01 ordinary | CFD
| Short | 1649 | 9.394996968 GBP |
Euro 0.01 ordinary | CFD
| Short | 4 | 9.3675 GBP |
Euro 0.01 ordinary | CFD
| Short | 59 | 9.318164 GBP |
Euro 0.01 ordinary | CFD
| Short | 132 | 9.361302 GBP |
Euro 0.01 ordinary | CFD
| Short | 9859 | 9.395000507 GBP |
Euro 0.01 ordinary | CFD
| Short | 67 | 9.351749 GBP |
Euro 0.01 ordinary | CFD
| Short | 2799 | 9.394998214 GBP |
Euro 0.01 ordinary | CFD
| Short | 1438 | 9.354955 GBP |
Euro 0.01 ordinary | CFD
| Short | 9 | 9.394444444 GBP |
Euro 0.01 ordinary | CFD
| Short | 143 | 9.352465 GBP |
Euro 0.01 ordinary | CFD
| Short | 44 | 9.322593 GBP |
Euro 0.01 ordinary | CFD
| Short | 106 | 9.362375 GBP |
Euro 0.01 ordinary | CFD
| Short | 41 | 9.360679 GBP |
Euro 0.01 ordinary | CFD
| Short | 180 | 9.368446 GBP |
Euro 0.01 ordinary | CFD
| Short | 786 | 9.363238 GBP |
Euro 0.01 ordinary | CFD
| Short | 217 | 9.354374 GBP |
Euro 0.01 ordinary | CFD
| Short | 1385 | 9.363049 GBP |
Euro 0.01 ordinary | CFD
| Short | 42 | 9.384271 GBP |
Euro 0.01 ordinary | CFD
| Short | 80 | 9.363109 GBP |
Euro 0.01 ordinary | CFD
| Short | 299 | 9.384517 GBP |
Euro 0.01 ordinary | CFD
| Short | 24166 | 9.43 GBP |
Euro 0.01 ordinary | CFD
| Short | 8 | 9.318653 GBP |
Euro 0.01 ordinary | CFD
| Short | 32 | 9.387345 GBP |
Euro 0.01 ordinary | CFD
| Short | 1325 | 9.36992 GBP |
Euro 0.01 ordinary | CFD
| Short | 122 | 9.354423 GBP |
Euro 0.01 ordinary | CFD
| Short | 20557 | 9.394999757 GBP |
Euro 0.01 ordinary | CFD
| Short | 27 | 9.309021 GBP |
Euro 0.01 ordinary | CFD
| Short | 223 | 9.366632 GBP |
Euro 0.01 ordinary | CFD
| Short | 70 | 9.370937 GBP |
Euro 0.01 ordinary | CFD
| Short | 228 | 9.362586 GBP |
Euro 0.01 ordinary | CFD
| Short | 417 | 9.39498801 GBP |
Euro 0.01 ordinary | CFD
| Short | 95 | 9.387886 GBP |
Euro 0.01 ordinary | CFD
| Short | 326 | 9.401737 GBP |
Euro 0.01 ordinary | CFD
| Short | 2 | 9.365 GBP |
Euro 0.01 ordinary | CFD
| Short | 353 | 9.394985836 GBP |
Euro 0.01 ordinary | CFD
| Short | 371 | 9.320445 GBP |
Euro 0.01 ordinary | CFD
| Short | 4 | 9.388439 GBP |
Euro 0.01 ordinary | CFD
| Short | 18 | 9.321864 GBP |
Euro 0.01 ordinary | CFD
| Short | 36 | 9.325074 GBP |
Euro 0.01 ordinary | CFD
| Short | 114 | 9.344013 GBP |
Euro 0.01 ordinary | CFD
| Short | 52 | 9.344726 GBP |
Euro 0.01 ordinary | CFD
| Short | 39 | 9.385297 GBP |
Euro 0.01 ordinary | CFD
| Short | 184 | 9.321166 GBP |
Euro 0.01 ordinary | CFD
| Short | 205 | 9.321049 GBP |
Euro 0.01 ordinary | CFD
| Short | 756 | 9.42609 GBP |
Euro 0.01 ordinary | CFD
| Short | 12 | 9.358608 GBP |
Euro 0.01 ordinary | CFD
| Short | 186 | 9.368955 GBP |
Euro 0.01 ordinary | CFD
| Short | 323 | 9.39501548 GBP |
Euro 0.01 ordinary | CFD
| Short | 20 | 9.346997 GBP |
Euro 0.01 ordinary | CFD
| Short | 339 | 9.384773 GBP |
Euro 0.01 ordinary | CFD
| Short | 2304 | 9.370061 GBP |
Euro 0.01 ordinary | CFD
| Short | 205 | 9.39497561 GBP |
Euro 0.01 ordinary | CFD
| Short | 1184 | 9.369806 GBP |
Euro 0.01 ordinary | CFD
| Short | 19 | 9.338994 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: | 24 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.L