22 Jan 2018 10:57
This announcement replaces the previous RNS announcement 4051C released at 11:28 am on the 19th 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 | 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 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 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
| 615881 | 9.2900 GBP | 9.23000 GBP |
Euro 0.01 ordinary | Sell
| 627017 | 9.2800 GBP | 9.22500 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 | 314 | 9.258692 GBP |
Euro 0.01 ordinary | CFD
| Short | 795 | 9.259255 GBP |
Euro 0.01 ordinary | CFD
| Short | 221 | 9.258466 GBP |
Euro 0.01 ordinary | CFD
| Short | 52 | 9.245335 GBP |
Euro 0.01 ordinary | CFD
| Short | 41 | 9.241063 GBP |
Euro 0.01 ordinary | CFD
| Short | 12 | 9.241281 GBP |
Euro 0.01 ordinary | CFD
| Short | 281 | 9.244737 GBP |
Euro 0.01 ordinary | CFD
| Short | 388 | 9.245713 GBP |
Euro 0.01 ordinary | CFD
| Short | 1591 | 9.257441 GBP |
Euro 0.01 ordinary | CFD
| Short | 2 | 9.239488 GBP |
Euro 0.01 ordinary | CFD
| Short | 37 | 9.241815 GBP |
Euro 0.01 ordinary | CFD
| Short | 940 | 9.250925 GBP |
Euro 0.01 ordinary | CFD
| Short | 148 | 9.258336 GBP |
Euro 0.01 ordinary | CFD
| Short | 510 | 9.258287 GBP |
Euro 0.01 ordinary | CFD
| Short | 1923 | 9.249864 GBP |
Euro 0.01 ordinary | CFD
| Short | 605 | 9.256826 GBP |
Euro 0.01 ordinary | CFD
| Short | 679 | 9.248561 GBP |
Euro 0.01 ordinary | CFD
| Short | 515 | 9.246884 GBP |
Euro 0.01 ordinary | CFD
| Short | 346 | 9.245717 GBP |
Euro 0.01 ordinary | CFD
| Short | 3896 | 9.248393 GBP |
Euro 0.01 ordinary | CFD
| Short | 97 | 9.247311 GBP |
Euro 0.01 ordinary | CFD
| Short | 32 | 9.241169 GBP |
Euro 0.01 ordinary | CFD
| Short | 31 | 9.240529 GBP |
Euro 0.01 ordinary | CFD
| Short | 184 | 9.24734 GBP |
Euro 0.01 ordinary | CFD
| Short | 52 | 9.247455 GBP |
Euro 0.01 ordinary | CFD
| Short | 668 | 9.245616 GBP |
Euro 0.01 ordinary | CFD
| Short | 4391 | 9.248396 GBP |
Euro 0.01 ordinary | CFD
| Short | 1772 | 9.258301 GBP |
Euro 0.01 ordinary | CFD
| Short | 4785 | 9.25035 GBP |
Euro 0.01 ordinary | CFD
| Short | 1007 | 9.258358 GBP |
Euro 0.01 ordinary | CFD
| Short | 621 | 9.247335 GBP |
Euro 0.01 ordinary | CFD
| Short | 7730 | 9.248397 GBP |
Euro 0.01 ordinary | CFD
| Short | 211 | 9.247204 GBP |
Euro 0.01 ordinary | CFD
| Short | 300 | 9.247144 GBP |
Euro 0.01 ordinary | CFD
| Short | 2328 | 9.258374 GBP |
Euro 0.01 ordinary | CFD
| Short | 5 | 9.24164 GBP |
Euro 0.01 ordinary | CFD
| Short | 3296 | 9.247828 GBP |
Euro 0.01 ordinary | CFD
| Short | 602 | 9.261162 GBP |
Euro 0.01 ordinary | CFD
| Short | 280 | 9.246874 GBP |
Euro 0.01 ordinary | CFD
| Short | 71 | 9.241307 GBP |
Euro 0.01 ordinary | CFD
| Short | 487 | 9.247652 GBP |
Euro 0.01 ordinary | CFD
| Short | 752 | 9.250389 GBP |
Euro 0.01 ordinary | CFD
| Short | 894 | 9.257501 GBP |
Euro 0.01 ordinary | CFD
| Short | 132 | 9.257681 GBP |
Euro 0.01 ordinary | CFD
| Short | 272 | 9.261484 GBP |
Euro 0.01 ordinary | CFD
| Short | 1683 | 9.261705 GBP |
Euro 0.01 ordinary | CFD
| Short | 792 | 9.257514 GBP |
Euro 0.01 ordinary | CFD
| Short | 266 | 9.247001 GBP |
Euro 0.01 ordinary | CFD
| Short | 76 | 9.247581 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: | 22 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 monitoring@disclosure.org.uk
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.