Ladbrokes Coral : Form 8.5 (EPT/RI)- GVC

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	617793	9.2900 GBP	9.23000 GBP
Euro 0.01 ordinary	Sell	629243	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:	19 January 2018
Contact name:	Wendy Dent
Telephone number:	[phone]

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 [e-mail]

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on [phone].

The Code can be viewed on the Panel's website atwww.thetakeoverpanel.org.uk.