Ladbrokes Coral : Form 8.5 (EPT/RI) GVC holdings plc

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:	12 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	111771	9.60000 GBP	9.25501 GBP
Euro 0.01 ordinary	Sell	272666	9.55501 GBP	9.25501 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	3000000	4.1341 GBP
Euro 0.01 ordinary	CFD	Long	5577	4.251426 GBP
Euro 0.01 ordinary	CFD	Long	576448	4.193428 GBP
Euro 0.01 ordinary	CFD	Long	1022100	4.1426 GBP
Euro 0.01 ordinary	CFD	Long	1994423	4.251427 GBP
Euro 0.01 ordinary	CFD	Long	11193	4.19226123470026 GBP
Euro 0.01 ordinary	CFD	Long	117492	4.196689 GBP
Euro 0.01 ordinary	CFD	Long	304259	4.129124 GBP
Euro 0.01 ordinary	CFD	Long	2010902	4.118295 GBP
Euro 0.01 ordinary	CFD	Long	100000	4.283357 GBP
Euro 0.01 ordinary	CFD	Long	3000000	4.1986 GBP
Euro 0.01 ordinary	CFD	Long	2926580	4.1971 GBP
Euro 0.01 ordinary	CFD	Long	3000000	4.227 GBP
Euro 0.01 ordinary	CFD	Long	2758	4.195702 GBP
Euro 0.01 ordinary	CFD	Long	80000	4.09499799 GBP
Euro 0.01 ordinary	CFD	Long	2228	4.16 GBP
Euro 0.01 ordinary	CFD	Long	2100	4.157422 GBP
Euro 0.01 ordinary	CFD	Long	22397	4.203349 GBP
Euro 0.01 ordinary	CFD	Long	24169	4.193427 GBP
Euro 0.01 ordinary	CFD	Long	15300	4.184537 GBP
Euro 0.01 ordinary	CFD	Long	159101	4.2 GBP
Euro 0.01 ordinary	CFD	Long	21276	4.169 GBP
Euro 0.01 ordinary	CFD	Long	106399	4.2098 GBP
Euro 0.01 ordinary	CFD	Long	140634	4.2065 GBP
Euro 0.01 ordinary	CFD	Short	33700	4.1769 GBP
Euro 0.01 ordinary	CFD	Short	48500	4.193566 GBP
Euro 0.01 ordinary	CFD	Short	87500	4.25581 GBP
Euro 0.01 ordinary	CFD	Short	210	4.2342380952381 GBP
Euro 0.01 ordinary	CFD	Short	308174	4.09061796257958 GBP
Euro 0.01 ordinary	CFD	Short	8218	4.2 GBP
Euro 0.01 ordinary	CFD	Short	81700	4.09319938 GBP
Euro 0.01 ordinary	CFD	Short	1404217	4.1639 GBP
Euro 0.01 ordinary	CFD	Short	245317	4.107 GBP
Euro 0.01 ordinary	CFD	Short	514061	4.1274 GBP
Euro 0.01 ordinary	CFD	Short	170000	4.203 GBP
Euro 0.01 ordinary	CFD	Short	1500000	4.16278 GBP
Euro 0.01 ordinary	CFD	Short	245476	4.163847 GBP
Euro 0.01 ordinary	CFD	Short	95394	4.169 GBP
Euro 0.01 ordinary	CFD	Short	200	4.167 GBP
Euro 0.01 ordinary	CFD	Short	10244	4.113025 GBP
Euro 0.01 ordinary	CFD	Short	8913	4.23424660608101 GBP
Euro 0.01 ordinary	CFD	Short	34000	4.1528 GBP
Euro 0.01 ordinary	CFD	Short	264	4.165667 GBP
Euro 0.01 ordinary	CFD	Short	100000	4.130477 GBP
Euro 0.01 ordinary	CFD	Long	762	9.555013123 GBP
Euro 0.01 ordinary	CFD	Long	6276	9.47525972 GBP
Euro 0.01 ordinary	CFD	Long	5359	9.400097 GBP
Euro 0.01 ordinary	CFD	Long	39515	9.400098 GBP
Euro 0.01 ordinary	CFD	Long	17867	9.34876975336 GBP
Euro 0.01 ordinary	CFD	Long	342	9.54748538 GBP
Euro 0.01 ordinary	CFD	Long	19091	9.2954 GBP
Euro 0.01 ordinary	CFD	Long	71468	9.3225 GBP
Euro 0.01 ordinary	CFD	Long	1809	9.547501382 GBP
Euro 0.01 ordinary	CFD	Long	582	9.555 GBP
Euro 0.01 ordinary	CFD	Long	951	9.400095 GBP
Euro 0.01 ordinary	CFD	Short	674	9.555 GBP
Euro 0.01 ordinary	CFD	Short	1352	9.5475 GBP
Euro 0.01 ordinary	CFD	Short	355	9.555014085 GBP
Euro 0.01 ordinary	CFD	Short	315	9.554984127 GBP
Euro 0.01 ordinary	CFD	Short	799	9.547496871 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 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.