16th Jan 2018 11:36
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: | 15 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
| 318182 | 9.41471 GBP | 9.25248 GBP |
Euro 0.01 ordinary | Sell
| 359625 | 9.43500 GBP | 9.25250 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 | 1773 | 9.276858 GBP |
Euro 0.01 ordinary | CFD
| Long | 9989 | 9.27686 GBP |
Euro 0.01 ordinary | CFD
| Long | 73648 | 9.276859 GBP |
Euro 0.01 ordinary | CFD
| Long | 7269 | 9.257500344 GBP |
Euro 0.01 ordinary | CFD
| Long | 18750 | 9.252500267 GBP |
Euro 0.01 ordinary | CFD
| Short | 8034 | 9.252499378 GBP |
Euro 0.01 ordinary | CFD
| Short | 2130 | 9.332333 GBP |
Euro 0.01 ordinary | CFD
| Short | 1448 | 9.267575 GBP |
Euro 0.01 ordinary | CFD
| Short | 71 | 9.268837 GBP |
Euro 0.01 ordinary | CFD
| Short | 190 | 9.257473684 GBP |
Euro 0.01 ordinary | CFD
| Short | 9732 | 9.2525 GBP |
Euro 0.01 ordinary | CFD
| Short | 112 | 9.30345 GBP |
Euro 0.01 ordinary | CFD
| Short | 100 | 9.323217 GBP |
Euro 0.01 ordinary | CFD
| Short | 1347 | 9.31889 GBP |
Euro 0.01 ordinary | CFD
| Short | 45 | 9.342494 GBP |
Euro 0.01 ordinary | CFD
| Short | 1616 | 9.2575 GBP |
Euro 0.01 ordinary | CFD
| Short | 1284 | 9.267563 GBP |
Euro 0.01 ordinary | CFD
| Short | 98 | 9.304113 GBP |
Euro 0.01 ordinary | CFD
| Short | 4003 | 9.298787 GBP |
Euro 0.01 ordinary | CFD
| Short | 585 | 9.322686 GBP |
Euro 0.01 ordinary | CFD
| Short | 1619 | 9.312623 GBP |
Euro 0.01 ordinary | CFD
| Short | 244 | 9.353427 GBP |
Euro 0.01 ordinary | CFD
| Short | 20 | 9.342822 GBP |
Euro 0.01 ordinary | CFD
| Short | 83 | 9.321021 GBP |
Euro 0.01 ordinary | CFD
| Short | 3793 | 9.257500659 GBP |
Euro 0.01 ordinary | CFD
| Short | 4212 | 9.321979 GBP |
Euro 0.01 ordinary | CFD
| Short | 21 | 9.268182 GBP |
Euro 0.01 ordinary | CFD
| Short | 9 | 9.308281 GBP |
Euro 0.01 ordinary | CFD
| Short | 14 | 9.303711 GBP |
Euro 0.01 ordinary | CFD
| Short | 188 | 9.267521 GBP |
Euro 0.01 ordinary | CFD
| Short | 155 | 9.34146 GBP |
Euro 0.01 ordinary | CFD
| Short | 2552 | 9.267571 GBP |
Euro 0.01 ordinary | CFD
| Short | 335 | 9.298204 GBP |
Euro 0.01 ordinary | CFD
| Short | 497 | 9.25249497 GBP |
Euro 0.01 ordinary | CFD
| Short | 2273 | 9.298669 GBP |
Euro 0.01 ordinary | CFD
| Short | 4976 | 9.286746 GBP |
Euro 0.01 ordinary | CFD
| Short | 50 | 9.349328 GBP |
Euro 0.01 ordinary | CFD
| Short | 5 | 9.375938 GBP |
Euro 0.01 ordinary | CFD
| Short | 2475 | 9.28713 GBP |
Euro 0.01 ordinary | CFD
| Short | 176 | 9.323263 GBP |
Euro 0.01 ordinary | CFD
| Short | 2014 | 9.298728 GBP |
Euro 0.01 ordinary | CFD
| Short | 2792 | 9.287162 GBP |
Euro 0.01 ordinary | CFD
| Short | 1464 | 9.317609 GBP |
Euro 0.01 ordinary | CFD
| Short | 1126 | 9.316505 GBP |
Euro 0.01 ordinary | CFD
| Short | 1433 | 9.257501745 GBP |
Euro 0.01 ordinary | CFD
| Short | 33 | 9.354098 GBP |
Euro 0.01 ordinary | CFD
| Short | 76 | 9.350016 GBP |
Euro 0.01 ordinary | CFD
| Short | 237 | 9.257510549 GBP |
Euro 0.01 ordinary | CFD
| Short | 4506 | 9.319064 GBP |
Euro 0.01 ordinary | CFD
| Short | 189 | 9.303453 GBP |
Euro 0.01 ordinary | CFD
| Short | 510 | 9.252490196 GBP |
Euro 0.01 ordinary | CFD
| Short | 619 | 9.318922 GBP |
Euro 0.01 ordinary | CFD
| Short | 213 | 9.267546 GBP |
Euro 0.01 ordinary | CFD
| Short | 59 | 9.332295 GBP |
Euro 0.01 ordinary | CFD
| Short | 412 | 9.287653 GBP |
Euro 0.01 ordinary | CFD
| Short | 109 | 9.252477064 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: | 16 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