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

This announcement replaces the previous RNS announcement 1493C released at 11:40am on the 17th 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:	16 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'	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	720298	9.37501 GBP	9.3200 GBP
Euro 0.01 ordinary	Sell	681423	9.397501 GBP	9.31954 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	169149	9.37500003 GBP
Euro 0.01 ordinary	CFD	Long	2719	9.319544 GBP
Euro 0.01 ordinary	CFD	Long	394	9.319543 GBP
Euro 0.01 ordinary	CFD	Long	87	9.32 GBP
Euro 0.01 ordinary	CFD	Long	62	9.319516 GBP
Euro 0.01 ordinary	CFD	Long	46	9.319565 GBP
Euro 0.01 ordinary	CFD	Short	317	9.347336 GBP
Euro 0.01 ordinary	CFD	Short	7499	9.344145 GBP
Euro 0.01 ordinary	CFD	Short	962	9.340934 GBP
Euro 0.01 ordinary	CFD	Short	1157	9.342703 GBP
Euro 0.01 ordinary	CFD	Short	138	9.344055 GBP
Euro 0.01 ordinary	CFD	Short	146	9.338192 GBP
Euro 0.01 ordinary	CFD	Short	1656	9.344103 GBP
Euro 0.01 ordinary	CFD	Short	2017	9.326268 GBP
Euro 0.01 ordinary	CFD	Short	13151	9.344146 GBP
Euro 0.01 ordinary	CFD	Short	941	9.339467 GBP
Euro 0.01 ordinary	CFD	Short	835	9.344063 GBP
Euro 0.01 ordinary	CFD	Short	3221	9.355002 GBP
Euro 0.01 ordinary	CFD	Short	62	9.339411 GBP
Euro 0.01 ordinary	CFD	Short	6648	9.344152 GBP
Euro 0.01 ordinary	CFD	Short	943	9.344059 GBP
Euro 0.01 ordinary	CFD	Short	169149	9.37500003 GBP
Euro 0.01 ordinary	CFD	Short	80	9.33905 GBP
Euro 0.01 ordinary	CFD	Short	542	9.339611 GBP
Euro 0.01 ordinary	CFD	Short	475	9.339491 GBP
Euro 0.01 ordinary	CFD	Short	954	9.337994 GBP
Euro 0.01 ordinary	CFD	Short	110	9.344015 GBP
Euro 0.01 ordinary	CFD	Short	1103	9.344172 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.