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:	10 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	1074040	9.62000 GBP	9.44240 GBP
Euro 0.01 ordinary	Sell	1189998	9.61500 GBP	9.45000 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	776	9.59817 GBP
Euro 0.01 ordinary	CFD	Long	76324	9.598165 GBP
Euro 0.01 ordinary	CFD	Long	27255	9.535623 GBP
Euro 0.01 ordinary	CFD	Long	22622	9.5 GBP
Euro 0.01 ordinary	CFD	Short	159	9.538454 GBP
Euro 0.01 ordinary	CFD	Short	50	9.44236 GBP
Euro 0.01 ordinary	CFD	Short	22622	9.5 GBP
Euro 0.01 ordinary	CFD	Short	41	9.465379 GBP
Euro 0.01 ordinary	CFD	Short	46	9.506358 GBP
Euro 0.01 ordinary	CFD	Short	4	9.520952 GBP
Euro 0.01 ordinary	CFD	Short	210	9.499309 GBP
Euro 0.01 ordinary	CFD	Short	43	9.440952 GBP
Euro 0.01 ordinary	CFD	Short	404	9.533453 GBP
Euro 0.01 ordinary	CFD	Short	71	9.474229 GBP
Euro 0.01 ordinary	CFD	Short	679	9.491986 GBP
Euro 0.01 ordinary	CFD	Short	522	9.497709 GBP
Euro 0.01 ordinary	CFD	Short	292	9.497318 GBP
Euro 0.01 ordinary	CFD	Short	166	9.496735 GBP
Euro 0.01 ordinary	CFD	Short	1104	9.507962 GBP
Euro 0.01 ordinary	CFD	Short	55	9.493585 GBP
Euro 0.01 ordinary	CFD	Short	158	9.508745 GBP
Euro 0.01 ordinary	CFD	Short	1936	9.508033 GBP
Euro 0.01 ordinary	CFD	Short	345	9.491844 GBP
Euro 0.01 ordinary	CFD	Short	82	9.497939 GBP
Euro 0.01 ordinary	CFD	Short	239	9.499271 GBP
Euro 0.01 ordinary	CFD	Short	38	9.494196 GBP
Euro 0.01 ordinary	CFD	Short	900	9.496056 GBP
Euro 0.01 ordinary	CFD	Short	141	9.496486 GBP
Euro 0.01 ordinary	CFD	Short	419	9.49902 GBP
Euro 0.01 ordinary	CFD	Short	103	9.503244 GBP
Euro 0.01 ordinary	CFD	Short	302	9.505463 GBP
Euro 0.01 ordinary	CFD	Short	975	9.50801 GBP
Euro 0.01 ordinary	CFD	Short	391	9.491613 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:	11 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.