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:	08 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	273373	9.74000 GBP	9.49501 GBP
Euro 0.01 ordinary	Sell	290887	9.74000 GBP	9.49501 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	35250	9.5426 GBP
Euro 0.01 ordinary	CFD	Long	1068	9.585248 GBP
Euro 0.01 ordinary	CFD	Short	4680	9.528465 GBP
Euro 0.01 ordinary	CFD	Short	231	9.518364 GBP
Euro 0.01 ordinary	CFD	Short	511	9.525953 GBP
Euro 0.01 ordinary	CFD	Short	2566	9.528767 GBP
Euro 0.01 ordinary	CFD	Short	184	9.518414 GBP
Euro 0.01 ordinary	CFD	Short	945	9.530354 GBP
Euro 0.01 ordinary	CFD	Short	165	9.530201 GBP
Euro 0.01 ordinary	CFD	Short	35	9.520385 GBP
Euro 0.01 ordinary	CFD	Short	516	9.535254 GBP
Euro 0.01 ordinary	CFD	Short	429	9.549121 GBP
Euro 0.01 ordinary	CFD	Short	2	9.522033 GBP
Euro 0.01 ordinary	CFD	Short	39	9.518676 GBP
Euro 0.01 ordinary	CFD	Short	3358	9.524487 GBP
Euro 0.01 ordinary	CFD	Short	2894	9.528777 GBP
Euro 0.01 ordinary	CFD	Short	1601	9.518213 GBP
Euro 0.01 ordinary	CFD	Short	1065	9.530325 GBP
Euro 0.01 ordinary	CFD	Short	65	9.50693 GBP
Euro 0.01 ordinary	CFD	Short	5063	9.528815 GBP
Euro 0.01 ordinary	CFD	Short	1866	9.530295 GBP
Euro 0.01 ordinary	CFD	Short	5877	9.52447 GBP
Euro 0.01 ordinary	CFD	Short	2805	9.518188 GBP
Euro 0.01 ordinary	CFD	Short	74	9.546946 GBP
Euro 0.01 ordinary	CFD	Short	68	9.5189 GBP
Euro 0.01 ordinary	CFD	Short	224	9.545883 GBP
Euro 0.01 ordinary	CFD	Short	414	9.528207 GBP
Euro 0.01 ordinary	CFD	Short	337	9.632259 GBP
Euro 0.01 ordinary	CFD	Short	4	9.528698 GBP
Euro 0.01 ordinary	CFD	Short	203	9.560867 GBP
Euro 0.01 ordinary	CFD	Short	538	9.56694 GBP
Euro 0.01 ordinary	CFD	Short	1416	9.518195 GBP
Euro 0.01 ordinary	CFD	Short	2972	9.52444 GBP
Euro 0.01 ordinary	CFD	Short	180	9.538281 GBP
Euro 0.01 ordinary	CFD	Short	423	9.528565 GBP
Euro 0.01 ordinary	CFD	Short	479	9.524148 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:	09 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.