BARCLAYS PLC Form 8.3 - LADBROKES CORAL GROUP PLC

 
TIDMLCL 
 
 

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                 LADBROKES CORAL GROUP PLC 
      in relation to whose 
      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:  20 March 2018 
(f)   In addition to the company in 1(c)      YES: 
      above, is the discloser making 
      disclosures in respect of any           GVC HOLDINGS PLC 
      other party to the offer? 
 
 

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                    28 1/3p ordinary 
relevant 
security: 
                            Interests                Short Positions 
                            Number            (%)    Number      (%) 
(1)         Relevant 
            securities 
            owned 
            and/or          56,388,439        2.94%  3,736,070   0.19% 
            controlled: 
(2)         Cash-settled 
            derivatives: 
                            1,148,783         0.06%  47,540,512  2.48% 
(3)         Stock-settled 
            derivatives 
            (including 
            options) 
            and agreements  0                 0.00%  0           0.00% 
            to 
            purchase/sell: 
            TOTAL:          57,537,222        3.00%  51,276,582  2.68% 
 
 

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       270         1.7255 GBP 
28 1/3p ordinary    Purchase       639         TRANSFER 
28 1/3p ordinary    Purchase       4,767       1.7060 GBP 
28 1/3p ordinary    Purchase       6,642       1.7215 GBP 
28 1/3p ordinary    Purchase       17,395      1.7127 GBP 
28 1/3p ordinary    Purchase       28,248      1.7244 GBP 
28 1/3p ordinary    Purchase       37,000      1.6968 GBP 
28 1/3p ordinary    Purchase       101,429     1.7219 GBP 
28 1/3p ordinary    Purchase       130,972     1.7231 GBP 
28 1/3p ordinary    Purchase       152,678     1.7299 GBP 
28 1/3p ordinary    Purchase       178,431     1.7210 GBP 
28 1/3p ordinary    Purchase       581,411     1.7239 GBP 
28 1/3p ordinary    Purchase       1,514,853   1.7257 GBP 
28 1/3p ordinary    Sale           639         TRANSFER 
28 1/3p ordinary    Sale           3,357       1.7147 GBP 
28 1/3p ordinary    Sale           4,572       1.6993 GBP 
28 1/3p ordinary    Sale           8,624       1.7171 GBP 
28 1/3p ordinary    Sale           15,221      1.7143 GBP 
28 1/3p ordinary    Sale           16,846      1.7237 GBP 
28 1/3p ordinary    Sale           28,078      1.7204 GBP 
28 1/3p ordinary    Sale           115,417     1.7234 GBP 
28 1/3p ordinary    Sale           287,500     1.7229 GBP 
28 1/3p ordinary    Sale           1,350,000   1.7263 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   SWAP         Long               518         1.7155 GBP 
28 1/3p ordinary   SWAP         Long               522         1.7290 GBP 
28 1/3p ordinary   SWAP         Long               1,032       1.7300 GBP 
28 1/3p ordinary   CFD          Long               28,078      1.7204 GBP 
28 1/3p ordinary   SWAP         Long               115,417     1.7234 GBP 
28 1/3p ordinary   SWAP         Long               117,255     1.7195 GBP 
28 1/3p ordinary   SWAP         Short              181         1.7300 GBP 
28 1/3p ordinary   CFD          Short              1,263       1.7215 GBP 
28 1/3p ordinary   CFD          Short              4,275       1.7262 GBP 
28 1/3p ordinary   CFD          Short              4,767       1.7060 GBP 
28 1/3p ordinary   CFD          Short              11,136      1.7288 GBP 
28 1/3p ordinary   SWAP         Short              17,395      1.7127 GBP 
28 1/3p ordinary   CFD          Short              20,000      1.7266 GBP 
28 1/3p ordinary   SWAP         Short              50,000      1.7236 GBP 
28 1/3p ordinary   SWAP         Short              63,334      1.7089 GBP 
28 1/3p ordinary   CFD          Short              189,677     1.7301 GBP 
28 1/3p ordinary   CFD          Short              408,613     1.7202 GBP 
28 1/3p ordinary   SWAP         Short              432,556     1.7221 GBP 
 
 

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

 
Class of   Product          Writing,      Number         Exercise price  Type            Expiry date  Option money 
relevant   descriptione.g.  purchasing,   of securities  per unit        e.g. American,               paid/ 
security   call             selling,      to                             European etc.                received 
           option           varying etc.  which option                                                per unit 
                                          relates 
 
 

(ii) Exercise

 
Class of relevant   Product      Exercising/  Number         Exercise price 
security            description  exercised    of securities  per unit 
                    e.g. call    against 
                    option 
 
 

(d) Other dealings (including subscribing for new securities)

 
Class of relevant   Nature of dealing   Details  Price per unit (if 
security            e.g. subscription,           applicable) 
                    conversion 
 
 

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:                                   21 Mar 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 [phone].

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20180321005799/en/

 
This information is provided by Business Wire 
 
 

(END) Dow Jones Newswires

March 21, 2018 11:06 ET (15:06 GMT)