25th Jan 2018 10:51
This announcement replaces the previous RNS announcement 6850C released at 12:51pm on the 23rd January 2018. Amendment made to section 2 (a). All other information remains unchanged
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 | Ladbrokes Coral Group plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Ladbrokes Coral Group plc |
(d) Date dealing undertaken: | 22 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 GVC Holdings 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 |
28 1/3p ordinary | Buy
| 26291906 | 1.80871 GBP | 1.58850 GBP |
28 1/3p ordinary | Sell
| 18908027 | 1.80871 GBP | 1.59000 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 |
28 1/3p ordinary | CFD | Long | 1084 | 1.5995 GBP |
28 1/3p ordinary | CFD | Long | 8913 | 1.601728 GBP |
28 1/3p ordinary | CFD | Long | 109601 | 1.64360239 GBP |
28 1/3p ordinary | CFD | Long | 2000000 | 1.662761 GBP |
28 1/3p ordinary | CFD | Long | 1000000 | 1.674163 GBP |
28 1/3p ordinary | CFD | Long | 3000000 | 1.675765 GBP |
28 1/3p ordinary | CFD | Short | 1224307 | 1.596813 GBP |
28 1/3p ordinary | CFD | Short | 406578 | 1.59870015 GBP |
28 1/3p ordinary | CFD | Short | 83010 | 1.64440961 GBP |
28 1/3p ordinary | CFD | Short | 249314 | 1.658829 GBP |
28 1/3p ordinary | CFD | Short | 46805 | 1.66158 GBP |
28 1/3p ordinary | CFD | Short | 11152 | 1.661581 GBP |
28 1/3p ordinary | CFD | Short | 170 | 1.661588 GBP |
28 1/3p ordinary | CFD | Short | 167 | 1.662814 GBP |
28 1/3p ordinary | CFD | Short | 4,618 | 1.66283 GBP |
28 1/3p ordinary | CFD | Short | 49930 | 1.662831 GBP |
28 1/3p ordinary | CFD | Short | 4124 | 1.662832 GBP |
28 1/3p ordinary | CFD | Short | 2104 | 1.662833 GBP |
28 1/3p ordinary | CFD | Short | 1,063 | 1.663829 GBP |
28 1/3p ordinary | CFD | Short | 387072 | 1.663832 GBP |
28 1/3p ordinary | CFD | Short | 384 | 1.6644 GBP |
28 1/3p ordinary | CFD | Short | 1,302 | 1.667896 GBP |
28 1/3p ordinary | CFD | Short | 473858 | 1.667898 GBP |
28 1/3p ordinary | CFD | Short | 287. | 1.669094 GBP |
28 1/3p ordinary | CFD | Short | 18828 | 1.6691 GBP |
28 1/3p ordinary | CFD | Short | 79,024. | 1.669101 GBP |
28 1/3p ordinary | CFD | Short | 6325 | 1.669102 GBP |
28 1/3p ordinary | CFD | Short | 637201 | 1.671701 GBP |
28 1/3p ordinary | CFD | Short | 22,850. | 1.671702 GBP |
28 1/3p ordinary | CFD | Short | 1,814. | 1.671703 GBP |
28 1/3p ordinary | CFD | Short | 242808 | 1.671836 GBP |
28 1/3p ordinary | CFD | Short | 7192 | 1.671837 GBP |
28 1/3p ordinary | CFD | Short | 3,214. | 1.672085 GBP |
28 1/3p ordinary | CFD | Short | 1169837 | 1.672086 GBP |
28 1/3p ordinary | CFD | Short | 177644 | 1.676838 GBP |
28 1/3p ordinary | CFD | Short | 1312000 | 1.678078 GBP |
28 1/3p ordinary | CFD | Short | 275. | 1.678582 GBP |
28 1/3p ordinary | CFD | Short | 7,807. | 1.678588 GBP |
28 1/3p ordinary | CFD | Short | 385636 | 1.678589 GBP |
28 1/3p ordinary | CFD | Short | 6282 | 1.67859 GBP |
28 1/3p ordinary | CFD | Short | 2297373 | 1.679563 GBP |
28 1/3p ordinary | CFD | Short | 795932 | 1.68 GBP |
28 1/3p ordinary | CFD | Short | 356 | 1.680028 GBP |
28 1/3p ordinary | CFD | Short | 117056 | 1.680037 GBP |
28 1/3p ordinary | CFD | Short | 12663 | 1.680038 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: | 25 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:
GKN PLCLadbrokes Coral