Form 8.5 (EPT/RI)

(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:

07 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

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

4633363

9.92000 GBP

9.18371 GBP

Euro 0.01 ordinary

Sell

5042785

9.59961 GBP

9.18371 GBP

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

9055

9.514135 GBP

Euro 0.01 ordinary

CFD

Long

122

9.6965 GBP

Euro 0.01 ordinary

CFD

Long

2265

9.514125 GBP

Euro 0.01 ordinary

CFD

Long

2082

9.497368 GBP

Euro 0.01 ordinary

CFD

Long

3432

9.49424 GBP

Euro 0.01 ordinary

CFD

Long

3585

9.495096 GBP

Euro 0.01 ordinary

CFD

Long

3615

9.495109 GBP

Euro 0.01 ordinary

CFD

Long

8426

9.67244 GBP

Euro 0.01 ordinary

CFD

Long

9207

9.368904 GBP

Euro 0.01 ordinary

CFD

Long

12110

9.372358 GBP

Euro 0.01 ordinary

CFD

Long

13237

9.500252 GBP

Euro 0.01 ordinary

CFD

Long

36833

9.368914 GBP

Euro 0.01 ordinary

CFD

Long

256

9.379434 GBP

Euro 0.01 ordinary

CFD

Long

52945

9.50025 GBP

Euro 0.01 ordinary

CFD

Long

86525

9.559721 GBP

Euro 0.01 ordinary

CFD

Long

462656

9.542429 GBP

Euro 0.01 ordinary

CFD

Long

857

9.494242 GBP

Euro 0.01 ordinary

CFD

Long

896

9.4951 GBP

Euro 0.01 ordinary

CFD

Long

903

9.495105 GBP

Euro 0.01 ordinary

CFD

Long

1023

9.379486 GBP

Euro 0.01 ordinary

CFD

Long

33663

9.69244905 GBP

Euro 0.01 ordinary

CFD

Long

1326

9.829959 GBP

Euro 0.01 ordinary

CFD

Long

5500

9.67385 GBP

Euro 0.01 ordinary

CFD

Long

2346

9.63105136 GBP

Euro 0.01 ordinary

CFD

Long

26172

9.74312586 GBP

Euro 0.01 ordinary

CFD

Long

200

9.638463 GBP

Euro 0.01 ordinary

CFD

Long

99129

9.57411 GBP

Euro 0.01 ordinary

CFD

Long

243551

9.6325 GBP

Euro 0.01 ordinary

CFD

Long

280158

9.6411 GBP

Euro 0.01 ordinary

CFD

Long

2138

9.599606 GBP

Euro 0.01 ordinary

CFD

Long

3801

9.599246 GBP

Euro 0.01 ordinary

CFD

Short

35000

9.548374 GBP

Euro 0.01 ordinary

CFD

Short

28663

9.67314953 GBP

Euro 0.01 ordinary

CFD

Short

6038

9.623825 GBP

Euro 0.01 ordinary

CFD

Short

7128

9.684822 GBP

Euro 0.01 ordinary

CFD

Short

57997

9.714336 GBP

Euro 0.01 ordinary

CFD

Short

242

9.78945 GBP

Euro 0.01 ordinary

CFD

Short

40

9.721597 GBP

Euro 0.01 ordinary

CFD

Short

94

9.787149 GBP

Euro 0.01 ordinary

CFD

Short

1434

9.334958 GBP

Euro 0.01 ordinary

CFD

Short

196

9.709593 GBP

Euro 0.01 ordinary

CFD

Short

211

9.703807 GBP

Euro 0.01 ordinary

CFD

Short

1234

9.681024 GBP

Euro 0.01 ordinary

CFD

Short

1619

9.577518 GBP

Euro 0.01 ordinary

CFD

Short

4900

9.509 GBP

Euro 0.01 ordinary

CFD

Short

30000

9.531636 GBP

Euro 0.01 ordinary

CFD

Short

4898

9.695043 GBP

Euro 0.01 ordinary

CFD

Short

4926

9.658079 GBP

Euro 0.01 ordinary

CFD

Short

57

9.698426 GBP

Euro 0.01 ordinary

CFD

Short

97

9.793556 GBP

Euro 0.01 ordinary

CFD

Short

1403

9.6787 GBP

Euro 0.01 ordinary

CFD

Short

208

9.717847 GBP

Euro 0.01 ordinary

CFD

Short

656

9.381082 GBP

Euro 0.01 ordinary

CFD

Short

1504

9.621287 GBP

Euro 0.01 ordinary

CFD

Short

221

9.785808 GBP

Euro 0.01 ordinary

CFD

Short

7877

9.682762 GBP

Euro 0.01 ordinary

CFD

Short

4865

9.711087 GBP

Euro 0.01 ordinary

CFD

Short

5505

9.66482 GBP

Euro 0.01 ordinary

CFD

Short

6309

9.634542 GBP

Euro 0.01 ordinary

CFD

Short

63535

9.71388 GBP

Euro 0.01 ordinary

CFD

Short

273

9.707934 GBP

Euro 0.01 ordinary

CFD

Short

300

9.681483 GBP

Euro 0.01 ordinary

CFD

Short

67979

9.713958 GBP

Euro 0.01 ordinary

CFD

Short

296

9.706998 GBP

Euro 0.01 ordinary

CFD

Short

67

9.707389 GBP

Euro 0.01 ordinary

CFD

Short

100

9.792679 GBP

Euro 0.01 ordinary

CFD

Short

702

9.38209 GBP

Euro 0.01 ordinary

CFD

Short

1501

9.679133 GBP

Euro 0.01 ordinary

CFD

Short

1611

9.621142 GBP

Euro 0.01 ordinary

CFD

Short

1236

9.383016 GBP

Euro 0.01 ordinary

CFD

Short

209

9.713244 GBP

Euro 0.01 ordinary

CFD

Short

2773

9.673648 GBP

Euro 0.01 ordinary

CFD

Short

3603

9.691846 GBP

Euro 0.01 ordinary

CFD

Short

28527

9.732777 GBP

Euro 0.01 ordinary

CFD

Short

17

9.599489 GBP

Euro 0.01 ordinary

CFD

Short

57

9.840984 GBP

Euro 0.01 ordinary

CFD

Short

690

9.692739 GBP

Euro 0.01 ordinary

CFD

Short

47117

9.717408 GBP

Euro 0.01 ordinary

CFD

Short

58

9.728128 GBP

Euro 0.01 ordinary

CFD

Short

60

9.779645 GBP

Euro 0.01 ordinary

CFD

Short

126

9.712836 GBP

Euro 0.01 ordinary

CFD

Short

176

9.786277 GBP

Euro 0.01 ordinary

CFD

Short

207

9.707548 GBP

Euro 0.01 ordinary

CFD

Short

1034

9.679856 GBP

Euro 0.01 ordinary

CFD

Short

671

9.347662 GBP

Euro 0.01 ordinary

CFD

Short

1194

9.61126 GBP

Euro 0.01 ordinary

CFD

Short

3724

9.705582 GBP

Euro 0.01 ordinary

CFD

Short

3954

9.66481 GBP

Euro 0.01 ordinary

CFD

Short

4661

9.633853 GBP

Euro 0.01 ordinary

CFD

Short

5813

9.68733 GBP

Euro 0.01 ordinary

CFD

Short

9944

9.714836 GBP

Euro 0.01 ordinary

CFD

Short

3

9.739307 GBP

Euro 0.01 ordinary

CFD

Short

18

9.699859 GBP

Euro 0.01 ordinary

CFD

Short

18

9.738752 GBP

Euro 0.01 ordinary

CFD

Short

18

9.702914 GBP

Euro 0.01 ordinary

CFD

Short

32

9.788245 GBP

Euro 0.01 ordinary

CFD

Short

219

9.59894 GBP

Euro 0.01 ordinary

CFD

Short

785

9.66765 GBP

Euro 0.01 ordinary

CFD

Short

193

9.628775 GBP

Euro 0.01 ordinary

CFD

Short

195

9.67776 GBP

Euro 0.01 ordinary

CFD

Short

723

9.715682 GBP

Euro 0.01 ordinary

CFD

Short

1147

9.679733 GBP

Euro 0.01 ordinary

CFD

Short

928

9.631819 GBP

Euro 0.01 ordinary

CFD

Short

780

9.568783 GBP

Euro 0.01 ordinary

CFD

Short

800

9.336607 GBP

Euro 0.01 ordinary

CFD

Short

92

9.701633 GBP

Euro 0.01 ordinary

CFD

Short

156

9.790739 GBP

Euro 0.01 ordinary

CFD

Short

581

9.680673 GBP

Euro 0.01 ordinary

CFD

Short

2339

9.65585 GBP

Euro 0.01 ordinary

CFD

Short

2447

9.691934 GBP

Euro 0.01 ordinary

CFD

Short

1782

9.54135241 GBP

Euro 0.01 ordinary

CFD

Short

2896

9.622737 GBP

Euro 0.01 ordinary

CFD

Short

3325

9.684533 GBP

Euro 0.01 ordinary

CFD

Short

27574

9.714508 GBP

Euro 0.01 ordinary

CFD

Short

14

9.763476 GBP

Euro 0.01 ordinary

CFD

Short

43

9.798189 GBP

Euro 0.01 ordinary

CFD

Short

70

9.691255 GBP

Euro 0.01 ordinary

CFD

Short

81

9.721034 GBP

Euro 0.01 ordinary

CFD

Short

98

9.793785 GBP

Euro 0.01 ordinary

CFD

Short

129

9.720162 GBP

Euro 0.01 ordinary

CFD

Short

227

9.722202 GBP

Euro 0.01 ordinary

CFD

Short

1640

9.749444 GBP

Euro 0.01 ordinary

CFD

Short

2333

9.648883 GBP

Euro 0.01 ordinary

CFD

Short

21312

9.685377 GBP

Euro 0.01 ordinary

CFD

Short

3867

9.681648 GBP

Euro 0.01 ordinary

CFD

Short

4855

9.328771 GBP

Euro 0.01 ordinary

CFD

Short

5280

9.574925 GBP

Euro 0.01 ordinary

CFD

Short

14665

9.691389 GBP

Euro 0.01 ordinary

CFD

Short

15006

9.657914 GBP

Euro 0.01 ordinary

CFD

Short

18387

9.623587 GBP

Euro 0.01 ordinary

CFD

Short

234

9.782987 GBP

Euro 0.01 ordinary

CFD

Short

172997

9.714266 GBP

Euro 0.01 ordinary

CFD

Short

469

9.70854 GBP

Euro 0.01 ordinary

CFD

Short

834

9.710808 GBP

Euro 0.01 ordinary

CFD

Short

198

9.70294 GBP

Euro 0.01 ordinary

CFD

Short

662

9.786334 GBP

Euro 0.01 ordinary

CFD

Short

4856

9.732718 GBP

Euro 0.01 ordinary

CFD

Short

1

9.655966 GBP

Euro 0.01 ordinary

CFD

Short

13

9.721357 GBP

Euro 0.01 ordinary

CFD

Short

60

9.793479 GBP

Euro 0.01 ordinary

CFD

Short

21

9.732447 GBP

Euro 0.01 ordinary

CFD

Short

37

9.720905 GBP

Euro 0.01 ordinary

CFD

Short

276

9.749018 GBP

Euro 0.01 ordinary

CFD

Short

406

9.653947 GBP

Euro 0.01 ordinary

CFD

Short

114

9.692433 GBP

Euro 0.01 ordinary

CFD

Short

493

9.672961 GBP

Euro 0.01 ordinary

CFD

Short

14461

9.682485 GBP

Euro 0.01 ordinary

CFD

Short

2627

9.67879 GBP

Euro 0.01 ordinary

CFD

Short

2802

9.62119 GBP

Euro 0.01 ordinary

CFD

Short

8988

9.709857 GBP

Euro 0.01 ordinary

CFD

Short

10345

9.665091 GBP

Euro 0.01 ordinary

CFD

Short

11790

9.635783 GBP

Euro 0.01 ordinary

CFD

Short

610

9.690957 GBP

Euro 0.01 ordinary

CFD

Short

36

9.72125 GBP

Euro 0.01 ordinary

CFD

Short

13268

9.732758 GBP

Euro 0.01 ordinary

CFD

Short

13

9.60673 GBP

Euro 0.01 ordinary

CFD

Short

118188

9.713862 GBP

Euro 0.01 ordinary

CFD

Short

309

9.70678 GBP

Euro 0.01 ordinary

CFD

Short

433

9.78558 GBP

Euro 0.01 ordinary

CFD

Short

64

9.717296 GBP

Euro 0.01 ordinary

CFD

Short

327

9.692774 GBP

Euro 0.01 ordinary

CFD

Short

109

9.728697 GBP

Euro 0.01 ordinary

CFD

Short

1290

9.673783 GBP

Euro 0.01 ordinary

CFD

Short

125

9.709851 GBP

Euro 0.01 ordinary

CFD

Short

580

9.710055 GBP

Euro 0.01 ordinary

CFD

Short

1084

9.648718 GBP

Euro 0.01 ordinary

CFD

Short

759

9.749501 GBP

Euro 0.01 ordinary

CFD

Short

1674

9.691726 GBP

Euro 0.01 ordinary

CFD

Short

5191

9.71074 GBP

Euro 0.01 ordinary

CFD

Short

5898

9.664738 GBP

Euro 0.01 ordinary

CFD

Short

6780

9.63487 GBP

Euro 0.01 ordinary

CFD

Short

8434

9.68321 GBP

Euro 0.01 ordinary

CFD

Short

171

9.781797 GBP

Euro 0.01 ordinary

CFD

Short

238

9.786021 GBP

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

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

Class of relevant security

Nature of dealing

e.g. subscription, conversion

Details

Price per unit (if applicable)

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

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

08 December 2017

Wendy Dent

+44 (0)207 568 1245