News Archive

08 December 2017

Form 8.5 (EPT/RI) GVC Holdings plc

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:

Deutsche Bank AG 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:

07/12/2017

(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"

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 GBP

Lowest price per unit paid/received GBP

Euro 0.01 ordinary

Purchase

420,699

9.7890

9.2032

Euro 0.01 ordinary

Sale

121,774

9.8398

9.4979

(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

GBP

Euro 0.01 ordinary

Swap

Long

512

9.8398

Euro 0.01 ordinary

Swap

Long

625

9.6000

Euro 0.01 ordinary

Swap

Long

1,327

9.5900

Euro 0.01 ordinary

Swap

Long

4,440

9.6919

Euro 0.01 ordinary

Swap

Long

5,484

9.4981

Euro 0.01 ordinary

Swap

Long

9,946

9.6797

Euro 0.01 ordinary

Swap

Short

2

9.8410

Euro 0.01 ordinary

Swap

Short

3

9.6626

Euro 0.01 ordinary

Swap

Short

5

9.6840

Euro 0.01 ordinary

Swap

Short

6

9.7225

Euro 0.01 ordinary

Swap

Short

6

9.7972

Euro 0.01 ordinary

Swap

Short

8

9.6397

Euro 0.01 ordinary

Swap

Short

8

9.7660

Euro 0.01 ordinary

Swap

Short

13

9.7244

Euro 0.01 ordinary

Swap

Short

17

9.7607

Euro 0.01 ordinary

Swap

Short

26

9.5989

Euro 0.01 ordinary

Swap

Short

43

9.6929

Euro 0.01 ordinary

Swap

Short

77

9.6321

Euro 0.01 ordinary

Swap

Short

83

9.6781

Euro 0.01 ordinary

Swap

Short

125

9.7477

Euro 0.01 ordinary

Swap

Short

151

9.6476

Euro 0.01 ordinary

Swap

Short

177

9.6732

Euro 0.01 ordinary

Swap

Short

230

9.6930

Euro 0.01 ordinary

Swap

Short

289

9.7132

Euro 0.01 ordinary

Swap

Short

340

9.6636

Euro 0.01 ordinary

Swap

Short

414

9.6291

Euro 0.01 ordinary

Swap

Short

500

9.6796

Euro 0.01 ordinary

Swap

Short

1,327

9.5500

Euro 0.01 ordinary

Swap

Short

1,637

9.3472

Euro 0.01 ordinary

Swap

Short

1,857

9.7328

Euro 0.01 ordinary

Swap

Short

2,000

9.4705

Euro 0.01 ordinary

Swap

Short

2,470

9.5529

Euro 0.01 ordinary

Swap

Short

3,915

9.4996

Euro 0.01 ordinary

Swap

Short

4,006

9.7314

Euro 0.01 ordinary

Swap

Short

4,779

9.7144

Euro 0.01 ordinary

Swap

Short

5,042

9.5240

Euro 0.01 ordinary

Swap

Short

6,302

9.5764

Euro 0.01 ordinary

Swap

Short

17,236

9.2032

Euro 0.01 ordinary

Swap

Short

27,138

9.5377

Euro 0.01 ordinary

Swap

Short

30,535

9.5802

Euro 0.01 ordinary

Swap

Short

45,201

9.5421

Euro 0.01 ordinary

Swap

Short

54,616

9.7890

Euro 0.01 ordinary

Swap

Short

56,475

9.5189

Euro 0.01 ordinary

Swap

Short

65,093

9.6772

Euro 0.01 ordinary

Swap

Short

80,705

9.6546

(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: 08/12/2017
Contact name: Ravi Patel
Telephone number: 0121 407 9004

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.

 

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