14th Dec 2017 11:19
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: | 13 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
| 2287841 | 9.32775 GBP | 9.08501 GBP |
Euro 0.01 ordinary | Sell
| 1782457
| 9.25500 GBP | 9.06500 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 | 1997 | 9.092671 GBP |
Euro 0.01 ordinary | CFD
| Short | 523 | 9.138899 GBP |
Euro 0.01 ordinary | CFD
| Short | 941 | 9.142478 GBP |
Euro 0.01 ordinary | CFD
| Short | 36 | 9.189808 GBP |
Euro 0.01 ordinary | CFD
| Short | 241 | 9.105911 GBP |
Euro 0.01 ordinary | CFD
| Short | 1261 | 9.204279 GBP |
Euro 0.01 ordinary | CFD
| Short | 2 | 9.153506 GBP |
Euro 0.01 ordinary | CFD
| Short | 2 | 9.11743 GBP |
Euro 0.01 ordinary | CFD
| Short | 791 | 9.20138 GBP |
Euro 0.01 ordinary | CFD
| Short | 32 | 9.134778 GBP |
Euro 0.01 ordinary | CFD
| Short | 75 | 9.131167 GBP |
Euro 0.01 ordinary | CFD
| Short | 4 | 9.150476 GBP |
Euro 0.01 ordinary | CFD
| Short | 5 | 9.136226 GBP |
Euro 0.01 ordinary | CFD
| Short | 1905 | 9.180017 GBP |
Euro 0.01 ordinary | CFD
| Short | 1941 | 9.146914 GBP |
Euro 0.01 ordinary | CFD
| Short | 2803 | 9.153291 GBP |
Euro 0.01 ordinary | CFD
| Short | 7 | 9.117878 GBP |
Euro 0.01 ordinary | CFD
| Short | 12 | 9.140811 GBP |
Euro 0.01 ordinary | CFD
| Short | 6020 | 9.150597 GBP |
Euro 0.01 ordinary | CFD
| Short | 13576 | 9.135918 GBP |
Euro 0.01 ordinary | CFD
| Short | 382 | 9.131215 GBP |
Euro 0.01 ordinary | CFD
| Short | 656 | 9.135776 GBP |
Euro 0.01 ordinary | CFD
| Short | 40 | 9.142913 GBP |
Euro 0.01 ordinary | CFD
| Short | 4 | 9.104828 GBP |
Euro 0.01 ordinary | CFD
| Short | 7 | 9.154403 GBP |
Euro 0.01 ordinary | CFD
| Short | 14 | 9.123071 GBP |
Euro 0.01 ordinary | CFD
| Short | 20 | 9.140837 GBP |
Euro 0.01 ordinary | CFD
| Short | 23 | 9.124094 GBP |
Euro 0.01 ordinary | CFD
| Short | 103 | 9.136237 GBP |
Euro 0.01 ordinary | CFD
| Short | 208 | 9.131304 GBP |
Euro 0.01 ordinary | CFD
| Short | 2 | 9.175918 GBP |
Euro 0.01 ordinary | CFD
| Short | 32 | 9.129262 GBP |
Euro 0.01 ordinary | CFD
| Short | 1001 | 9.179279 GBP |
Euro 0.01 ordinary | CFD
| Short | 1024 | 9.146299 GBP |
Euro 0.01 ordinary | CFD
| Short | 1489 | 9.153492 GBP |
Euro 0.01 ordinary | CFD
| Short | 42 | 9.185442 GBP |
Euro 0.01 ordinary | CFD
| Short | 32 | 9.143719 GBP |
Euro 0.01 ordinary | CFD
| Short | 55 | 9.128511 GBP |
Euro 0.01 ordinary | CFD
| Short | 13 | 9.108224 GBP |
Euro 0.01 ordinary | CFD
| Short | 20 | 9.15934 GBP |
Euro 0.01 ordinary | CFD
| Short | 91 | 9.143321 GBP |
Euro 0.01 ordinary | CFD
| Short | 225 | 9.13521 GBP |
Euro 0.01 ordinary | CFD
| Short | 197 | 9.130033 GBP |
Euro 0.01 ordinary | CFD
| Short | 339 | 9.135736 GBP |
Euro 0.01 ordinary | CFD
| Short | 3147 | 9.150432 GBP |
Euro 0.01 ordinary | CFD
| Short | 7290 | 9.135749 GBP |
Euro 0.01 ordinary | CFD
| Short | 661 | 9.204094 GBP |
Euro 0.01 ordinary | CFD
| Short | 436 | 9.130682 GBP |
Euro 0.01 ordinary | CFD
| Short | 1055 | 9.185714 GBP |
Euro 0.01 ordinary | CFD
| Short | 1313 | 9.15567 GBP |
Euro 0.01 ordinary | CFD
| Short | 21 | 9.197349 GBP |
Euro 0.01 ordinary | CFD
| Short | 181 | 9.136193 GBP |
Euro 0.01 ordinary | CFD
| Short | 328 | 9.139993 GBP |
Euro 0.01 ordinary | CFD
| Short | 3073 | 9.153388 GBP |
Euro 0.01 ordinary | CFD
| Short | 6447 | 9.137062 GBP |
Euro 0.01 ordinary | CFD
| Short | 697 | 9.209366 GBP |
Euro 0.01 ordinary | CFD
| Short | 961 | 9.152561 GBP |
Euro 0.01 ordinary | CFD
| Short | 59 | 9.191173 GBP |
Euro 0.01 ordinary | CFD
| Short | 2159 | 9.211125 GBP |
Euro 0.01 ordinary | CFD
| Short | 2849 | 9.155212 GBP |
Euro 0.01 ordinary | CFD
| Short | 3235 | 9.188495 GBP |
Euro 0.01 ordinary | CFD
| Short | 988 | 9.146568 GBP |
Euro 0.01 ordinary | CFD
| Short | 1440 | 9.153248 GBP |
Euro 0.01 ordinary | CFD
| Short | 190 | 9.130364 GBP |
Euro 0.01 ordinary | CFD
| Short | 332 | 9.135837 GBP |
Euro 0.01 ordinary | CFD
| Short | 3069 | 9.150467 GBP |
Euro 0.01 ordinary | CFD
| Short | 7016 | 9.135838 GBP |
Euro 0.01 ordinary | CFD
| Short | 641 | 9.204421 GBP |
Euro 0.01 ordinary | CFD
| Short | 980 | 9.17965 GBP |
Euro 0.01 ordinary | CFD
| Short | 400 | 9.114656 GBP |
Euro 0.01 ordinary | CFD
| Short | 300 | 9.1209 GBP |
Euro 0.01 ordinary | CFD
| Short | 30100 | 9.327753 GBP |
Euro 0.01 ordinary | CFD
| Short | 2190 | 9.14626941 GBP |
Euro 0.01 ordinary | CFD
| Short | 37061 | 9.128969 GBP |
Euro 0.01 ordinary | CFD
| Short | 2678 | 9.12716953 GBP |
Euro 0.01 ordinary | CFD
| Short | 18025 | 9.14627184 GBP |
Euro 0.01 ordinary | CFD
| Short | 3856 | 9.157057 GBP |
Euro 0.01 ordinary | CFD
| Short | 8984 | 9.15573 GBP |
Euro 0.01 ordinary | CFD
| Short | 18838 | 9.137848 GBP |
Euro 0.01 ordinary | CFD
| Short | 489 | 9.150553 GBP |
Euro 0.01 ordinary | CFD
| Short | 31 | 9.124701 GBP |
Euro 0.01 ordinary | CFD
| Short | 55 | 9.134549 GBP |
Euro 0.01 ordinary | CFD
| Short | 1102 | 9.135904 GBP |
Euro 0.01 ordinary | CFD
| Short | 104 | 9.202505 GBP |
Euro 0.01 ordinary | CFD
| Short | 149 | 9.146706 GBP |
Euro 0.01 ordinary | CFD
| Short | 150 | 9.182434 GBP |
Euro 0.01 ordinary | CFD
| Short | 219 | 9.15349 GBP |
Euro 0.01 ordinary | CFD
| Short | 1436 | 9.155583 GBP |
Euro 0.01 ordinary | CFD
| Short | 9 | 9.192586 GBP |
Euro 0.01 ordinary | CFD
| Short | 85 | 9.138836 GBP |
Euro 0.01 ordinary | CFD
| Short | 150 | 9.142374 GBP |
Euro 0.01 ordinary | CFD
| Short | 346 | 9.210815 GBP |
Euro 0.01 ordinary | CFD
| Short | 2994 | 9.137819 GBP |
Euro 0.01 ordinary | CFD
| Short | 447 | 9.155281 GBP |
Euro 0.01 ordinary | CFD
| Short | 526 | 9.187763 GBP |
Euro 0.01 ordinary | CFD
| Short | 616 | 9.157156 GBP |
Euro 0.01 ordinary | CFD
| Short | 300000 | 9.165 GBP |
Euro 0.01 ordinary | CFD
| Short | 20000 | 9.14826 GBP |
Euro 0.01 ordinary | CFD
| Short | 1063 | 9.187448 GBP |
Euro 0.01 ordinary | CFD
| Short | 1301 | 9.156501 GBP |
Euro 0.01 ordinary | CFD
| Short | 22 | 9.191828 GBP |
Euro 0.01 ordinary | CFD
| Short | 182 | 9.135997 GBP |
Euro 0.01 ordinary | CFD
| Short | 314 | 9.141571 GBP |
Euro 0.01 ordinary | CFD
| Short | 3008 | 9.155095 GBP |
Euro 0.01 ordinary | CFD
| Short | 6329 | 9.137587 GBP |
Euro 0.01 ordinary | CFD
| Short | 711 | 9.210097 GBP |
Euro 0.01 ordinary | CFD
| Short | 938 | 9.154267 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: | 14 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