Form 8.3 - LADBROKES CORAL GROUP PLC

LONDON--()--

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a)   Full name of discloser:   Barclays PLC.
     
(b) Owner or controller of interest and short
  positions disclosed, if different from 1(a):
(c) Name of offeror/offeree in relation to whose LADBROKES CORAL GROUP PLC
  relevant securities this form relates:  
(d) If an exempt fund manager connected with an
offeror/offeree, state this and specify identity of
  offeror/offeree:  
(e) Date position held/dealing undertaken: 13 February 2018
(f) In addition to the company in 1(c) above, is the discloser making YES:
  disclosures in respect of any other party to the offer? GVC HOLDINGS PLC

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:       28 1/3p ordinary            
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 56,979,885 2.97% 7,678,510 0.40%
           
(2) Cash-settled derivatives:
331,278 0.02% 48,460,627 2.53%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
 
TOTAL: 57,311,163 2.99% 56,139,137 2.93%

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:  
Details, including nature of the rights concerned and relevant percentages:  

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(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   Purchase/sale   Number of   Price per unit
security   securities  
28 1/3p ordinary Purchase 1,813 1.6190 GBP
28 1/3p ordinary Purchase 1,894 1.6166 GBP
28 1/3p ordinary Purchase 6,977 1.6152 GBP
28 1/3p ordinary Purchase 10,488 1.6121 GBP
28 1/3p ordinary Purchase 11,617 1.6136 GBP
28 1/3p ordinary Purchase 15,790 1.6156 GBP
28 1/3p ordinary Purchase 43,543 1.6129 GBP
28 1/3p ordinary Purchase 46,732 1.6100 GBP
28 1/3p ordinary Purchase 59,528 1.6175 GBP
28 1/3p ordinary Purchase 71,247 1.6144 GBP
28 1/3p ordinary Purchase 235,246 1.6106 GBP
28 1/3p ordinary Purchase 308,443 1.6162 GBP
28 1/3p ordinary Sale 53 1.6203 GBP
28 1/3p ordinary Sale 386 1.6135 GBP
28 1/3p ordinary Sale 1,885 1.6190 GBP
28 1/3p ordinary Sale 3,456 1.6176 GBP
28 1/3p ordinary Sale 3,684 1.6138 GBP
28 1/3p ordinary Sale 25,041 1.6158 GBP
28 1/3p ordinary Sale 36,571 1.6115 GBP
28 1/3p ordinary Sale 46,732 1.6131 GBP
28 1/3p ordinary Sale 52,146 1.6125 GBP
28 1/3p ordinary Sale 89,764 1.6118 GBP
28 1/3p ordinary Sale 120,586 1.6100 GBP

(b) Cash-settled derivative transactions

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
28 1/3p ordinary CFD Long 53 1.6203 GBP
28 1/3p ordinary SWAP Long 4,204 1.6140 GBP
28 1/3p ordinary SWAP Long 20,837 1.6161 GBP
28 1/3p ordinary CFD Long 52,935 1.6098 GBP
28 1/3p ordinary SWAP Long 52,935 1.6098 GBP
28 1/3p ordinary CFD Long 87,245 1.6138 GBP
28 1/3p ordinary SWAP Long 87,245 1.6138 GBP
28 1/3p ordinary CFD Short 77 1.6125 GBP
28 1/3p ordinary SWAP Short 82 1.6119 GBP
28 1/3p ordinary SWAP Short 400 1.6112 GBP
28 1/3p ordinary SWAP Short 424 1.6104 GBP
28 1/3p ordinary CFD Short 6,977 1.6152 GBP
28 1/3p ordinary CFD Short 20,776 1.6136 GBP
28 1/3p ordinary SWAP Short 20,776 1.6136 GBP
28 1/3p ordinary CFD Short 30,000 1.6184 GBP
28 1/3p ordinary SWAP Short 46,732 1.6100 GBP
28 1/3p ordinary SWAP Short 55,969 1.6133 GBP
28 1/3p ordinary CFD Short 71,247 1.6144 GBP
28 1/3p ordinary SWAP Short 85,641 1.6160 GBP
28 1/3p ordinary CFD Short 232,580 1.6166 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)

4. 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 person 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 person 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

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?   NO
Date of disclosure: 14 Feb 2018
Contact name: Elise Tang
Telephone number: 0207 1163 001

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

Category Code: RET
Sequence Number: 641327
Time of Receipt (offset from UTC): 20180214T115650+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC