15th Dec 2017 11:54
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: | 14 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
| 1734841 | 9.24919 GBP | 9.10500 GBP |
Euro 0.01 ordinary | Sell
| 1571276 | 9.26500 GBP | 9.07500 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 | 932 | 9.249303 GBP |
Euro 0.01 ordinary | CFD
| Long | 17103 | 9.223122 GBP |
Euro 0.01 ordinary | CFD
| Long | 4339 | 9.249299 GBP |
Euro 0.01 ordinary | CFD
| Long | 39386 | 9.2493 GBP |
Euro 0.01 ordinary | CFD
| Long | 701 | 9.249301 GBP |
Euro 0.01 ordinary | CFD
| Short | 24 | 9.135496 GBP |
Euro 0.01 ordinary | CFD
| Short | 24 | 9.148231 GBP |
Euro 0.01 ordinary | CFD
| Short | 26 | 9.133313 GBP |
Euro 0.01 ordinary | CFD
| Short | 28 | 9.225208 GBP |
Euro 0.01 ordinary | CFD
| Short | 48 | 9.158491 GBP |
Euro 0.01 ordinary | CFD
| Short | 604 | 9.182083 GBP |
Euro 0.01 ordinary | CFD
| Short | 1038 | 9.195448 GBP |
Euro 0.01 ordinary | CFD
| Short | 58 | 9.229199 GBP |
Euro 0.01 ordinary | CFD
| Short | 60 | 9.159571 GBP |
Euro 0.01 ordinary | CFD
| Short | 73 | 9.130194 GBP |
Euro 0.01 ordinary | CFD
| Short | 103 | 9.163163 GBP |
Euro 0.01 ordinary | CFD
| Short | 189 | 9.183354 GBP |
Euro 0.01 ordinary | CFD
| Short | 327 | 9.226581 GBP |
Euro 0.01 ordinary | CFD
| Short | 49 | 9.12678 GBP |
Euro 0.01 ordinary | CFD
| Short | 1363 | 9.181713 GBP |
Euro 0.01 ordinary | CFD
| Short | 2412 | 9.196454 GBP |
Euro 0.01 ordinary | CFD
| Short | 110 | 9.129595 GBP |
Euro 0.01 ordinary | CFD
| Short | 121 | 9.228981 GBP |
Euro 0.01 ordinary | CFD
| Short | 126 | 9.155572 GBP |
Euro 0.01 ordinary | CFD
| Short | 153 | 9.129228 GBP |
Euro 0.01 ordinary | CFD
| Short | 227 | 9.165145 GBP |
Euro 0.01 ordinary | CFD
| Short | 408 | 9.186071 GBP |
Euro 0.01 ordinary | CFD
| Short | 680 | 9.226671 GBP |
Euro 0.01 ordinary | CFD
| Short | 2966 | 9.181774 GBP |
Euro 0.01 ordinary | CFD
| Short | 5209 | 9.196257 GBP |
Euro 0.01 ordinary | CFD
| Short | 123 | 9.12758 GBP |
Euro 0.01 ordinary | CFD
| Short | 134 | 9.227863 GBP |
Euro 0.01 ordinary | CFD
| Short | 166 | 9.154695 GBP |
Euro 0.01 ordinary | CFD
| Short | 204 | 9.132081 GBP |
Euro 0.01 ordinary | CFD
| Short | 282 | 9.168671 GBP |
Euro 0.01 ordinary | CFD
| Short | 525 | 9.186713 GBP |
Euro 0.01 ordinary | CFD
| Short | 782 | 9.224207 GBP |
Euro 0.01 ordinary | CFD
| Short | 7942 | 9.181955 GBP |
Euro 0.01 ordinary | CFD
| Short | 6653 | 9.195282 GBP |
Euro 0.01 ordinary | CFD
| Short | 36700 | 9.216103 GBP |
Euro 0.01 ordinary | CFD
| Short | 9329 | 9.17987673 GBP |
Euro 0.01 ordinary | CFD
| Short | 37586 | 9.23868568 GBP |
Euro 0.01 ordinary | CFD
| Short | 39805 | 9.24918729 GBP |
Euro 0.01 ordinary | CFD
| Short | 12 | 9.20374 GBP |
Euro 0.01 ordinary | CFD
| Short | 29 | 9.233287 GBP |
Euro 0.01 ordinary | CFD
| Short | 82 | 9.233299 GBP |
Euro 0.01 ordinary | CFD
| Short | 336 | 9.183116 GBP |
Euro 0.01 ordinary | CFD
| Short | 508 | 9.213418 GBP |
Euro 0.01 ordinary | CFD
| Short | 2 | 9.118412 GBP |
Euro 0.01 ordinary | CFD
| Short | 8 | 9.155523 GBP |
Euro 0.01 ordinary | CFD
| Short | 9 | 9.177298 GBP |
Euro 0.01 ordinary | CFD
| Short | 16 | 9.232173 GBP |
Euro 0.01 ordinary | CFD
| Short | 26 | 9.196942 GBP |
Euro 0.01 ordinary | CFD
| Short | 41 | 9.202139 GBP |
Euro 0.01 ordinary | CFD
| Short | 127 | 9.128098 GBP |
Euro 0.01 ordinary | CFD
| Short | 142 | 9.227684 GBP |
Euro 0.01 ordinary | CFD
| Short | 170 | 9.155068 GBP |
Euro 0.01 ordinary | CFD
| Short | 211 | 9.131595 GBP |
Euro 0.01 ordinary | CFD
| Short | 298 | 9.168726 GBP |
Euro 0.01 ordinary | CFD
| Short | 547 | 9.186547 GBP |
Euro 0.01 ordinary | CFD
| Short | 830 | 9.224057 GBP |
Euro 0.01 ordinary | CFD
| Short | 7007 | 9.195301 GBP |
Euro 0.01 ordinary | CFD
| Short | 124 | 9.183376 GBP |
Euro 0.01 ordinary | CFD
| Short | 199 | 9.211516 GBP |
Euro 0.01 ordinary | CFD
| Short | 1 | 9.168032 GBP |
Euro 0.01 ordinary | CFD
| Short | 3 | 9.180672 GBP |
Euro 0.01 ordinary | CFD
| Short | 4 | 9.220922 GBP |
Euro 0.01 ordinary | CFD
| Short | 4 | 9.228423 GBP |
Euro 0.01 ordinary | CFD
| Short | 6 | 9.206383 GBP |
Euro 0.01 ordinary | CFD
| Short | 229 | 9.127813 GBP |
Euro 0.01 ordinary | CFD
| Short | 253 | 9.227504 GBP |
Euro 0.01 ordinary | CFD
| Short | 301 | 9.155536 GBP |
Euro 0.01 ordinary | CFD
| Short | 381 | 9.131646 GBP |
Euro 0.01 ordinary | CFD
| Short | 540 | 9.168476 GBP |
Euro 0.01 ordinary | CFD
| Short | 994 | 9.186439 GBP |
Euro 0.01 ordinary | CFD
| Short | 1494 | 9.224468 GBP |
Euro 0.01 ordinary | CFD
| Short | 7372 | 9.181904 GBP |
Euro 0.01 ordinary | CFD
| Short | 12656 | 9.195269 GBP |
Euro 0.01 ordinary | CFD
| Short | 84 | 9.198821 GBP |
Euro 0.01 ordinary | CFD
| Short | 179 | 9.232601 GBP |
Euro 0.01 ordinary | CFD
| Short | 5 | 9.138914 GBP |
Euro 0.01 ordinary | CFD
| Short | 17 | 9.156259 GBP |
Euro 0.01 ordinary | CFD
| Short | 31 | 9.17516 GBP |
Euro 0.01 ordinary | CFD
| Short | 41 | 9.227143 GBP |
Euro 0.01 ordinary | CFD
| Short | 41 | 9.183729 GBP |
Euro 0.01 ordinary | CFD
| Short | 100 | 9.128663 GBP |
Euro 0.01 ordinary | CFD
| Short | 146 | 9.229142 GBP |
Euro 0.01 ordinary | CFD
| Short | 155 | 9.159182 GBP |
Euro 0.01 ordinary | CFD
| Short | 173 | 9.131448 GBP |
Euro 0.01 ordinary | CFD
| Short | 247 | 9.170324 GBP |
Euro 0.01 ordinary | CFD
| Short | 459 | 9.187176 GBP |
Euro 0.01 ordinary | CFD
| Short | 725 | 9.183132 GBP |
Euro 0.01 ordinary | CFD
| Short | 1089 | 9.213905 GBP |
Euro 0.01 ordinary | CFD
| Short | 312 | 9.126955 GBP |
Euro 0.01 ordinary | CFD
| Short | 369 | 9.229094 GBP |
Euro 0.01 ordinary | CFD
| Short | 371 | 9.157577 GBP |
Euro 0.01 ordinary | CFD
| Short | 439 | 9.130594 GBP |
Euro 0.01 ordinary | CFD
| Short | 653 | 9.16358 GBP |
Euro 0.01 ordinary | CFD
| Short | 1172 | 9.185259 GBP |
Euro 0.01 ordinary | CFD
| Short | 2034 | 9.226411 GBP |
Euro 0.01 ordinary | CFD
| Short | 8586 | 9.181675 GBP |
Euro 0.01 ordinary | CFD
| Short | 15177 | 9.196395 GBP |
Euro 0.01 ordinary | CFD
| Short | 817 | 9.225979 GBP |
Euro 0.01 ordinary | CFD
| Short | 3425 | 9.18194 GBP |
Euro 0.01 ordinary | CFD
| Short | 6041 | 9.196873 GBP |
Euro 0.01 ordinary | CFD
| Short | 88 | 9.187128 GBP |
Euro 0.01 ordinary | CFD
| Short | 120 | 9.225202 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: | 15 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