19th Dec 2017 11:58
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: | 18 December 2017 |
(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
| 152121
| 9.35593 GBP | 9.26380 GBP |
Euro 0.01 ordinary | Sell
| 109323
| 9.35000 GBP | 9.25000 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 | 113 | 9.328761 GBP |
Euro 0.01 ordinary | CFD
| Long | 797 | 9.328783 GBP |
Euro 0.01 ordinary | CFD
| Long | 150 | 9.3288 GBP |
Euro 0.01 ordinary | CFD
| Long | 697 | 9.32878 GBP |
Euro 0.01 ordinary | CFD
| Long | 5531 | 9.328785 GBP |
Euro 0.01 ordinary | CFD
| Short | 400 | 9.355936 GBP |
Euro 0.01 ordinary | CFD
| Short | 175 | 9.267205 GBP |
Euro 0.01 ordinary | CFD
| Short | 347 | 9.270927 GBP |
Euro 0.01 ordinary | CFD
| Short | 86 | 9.264414 GBP |
Euro 0.01 ordinary | CFD
| Short | 131 | 9.26989 GBP |
Euro 0.01 ordinary | CFD
| Short | 1233 | 9.279819 GBP |
Euro 0.01 ordinary | CFD
| Short | 437 | 9.269062 GBP |
Euro 0.01 ordinary | CFD
| Short | 3006 | 9.281328 GBP |
Euro 0.01 ordinary | CFD
| Short | 3980 | 9.271848 GBP |
Euro 0.01 ordinary | CFD
| Short | 66 | 9.260926 GBP |
Euro 0.01 ordinary | CFD
| Short | 181 | 9.275013 GBP |
Euro 0.01 ordinary | CFD
| Short | 1121 | 9.275941 GBP |
Euro 0.01 ordinary | CFD
| Short | 4472 | 9.288727 GBP |
Euro 0.01 ordinary | CFD
| Short | 5310 | 9.275838 GBP |
Euro 0.01 ordinary | CFD
| Short | 169 | 9.264417 GBP |
Euro 0.01 ordinary | CFD
| Short | 366 | 9.270142 GBP |
Euro 0.01 ordinary | CFD
| Short | 852 | 9.27017 GBP |
Euro 0.01 ordinary | CFD
| Short | 5643 | 9.281712 GBP |
Euro 0.01 ordinary | CFD
| Short | 7199 | 9.272322 GBP |
Euro 0.01 ordinary | CFD
| Short | 4 | 9.278387 GBP |
Euro 0.01 ordinary | CFD
| Short | 4 | 9.263426 GBP |
Euro 0.01 ordinary | CFD
| Short | 105 | 9.294786 GBP |
Euro 0.01 ordinary | CFD
| Short | 240 | 9.28997 GBP |
Euro 0.01 ordinary | CFD
| Short | 287 | 9.291561 GBP |
Euro 0.01 ordinary | CFD
| Short | 7 | 9.265927 GBP |
Euro 0.01 ordinary | CFD
| Short | 9 | 9.264259 GBP |
Euro 0.01 ordinary | CFD
| Short | 11 | 9.272692 GBP |
Euro 0.01 ordinary | CFD
| Short | 69 | 9.269405 GBP |
Euro 0.01 ordinary | CFD
| Short | 438 | 9.28146 GBP |
Euro 0.01 ordinary | CFD
| Short | 588 | 9.272282 GBP |
Euro 0.01 ordinary | CFD
| Short | 22 | 9.276558 GBP |
Euro 0.01 ordinary | CFD
| Short | 180 | 9.275677 GBP |
Euro 0.01 ordinary | CFD
| Short | 715 | 9.288675 GBP |
Euro 0.01 ordinary | CFD
| Short | 845 | 9.275743 GBP |
Euro 0.01 ordinary | CFD
| Short | 25 | 9.261726 GBP |
Euro 0.01 ordinary | CFD
| Short | 60 | 9.275032 GBP |
Euro 0.01 ordinary | CFD
| Short | 403 | 9.274215 GBP |
Euro 0.01 ordinary | CFD
| Short | 1775 | 9.287033 GBP |
Euro 0.01 ordinary | CFD
| Short | 2105 | 9.274898 GBP |
Euro 0.01 ordinary | CFD
| Short | 83 | 9.264781 GBP |
Euro 0.01 ordinary | CFD
| Short | 448 | 9.269264 GBP |
Euro 0.01 ordinary | CFD
| Short | 3046 | 9.281583 GBP |
Euro 0.01 ordinary | CFD
| Short | 3906 | 9.272095 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: | 19 December 2017 |
| 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