Melqart Asset Mgmt 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:                                                                                                                                                                              MELQART ASSET MANAGEMENT (UK) LTD 
(b) Owner or controller of interests and short positions  disclosed, if different from 1(a):                                                                                                            N/A 
The naming of nominee or vehicle companies is insufficient. For a  trust, the trustee(s), settlor and beneficiaries must be named. 
(c) Name of offeror/offeree in relation to whose relevant  securities this form relates:                                                                                                                Ladbrokes Coral Group PLC 
Use a separate form for each offeror/offeree 
(d) If an exempt fund manager connected with an offeror/offeree,  state this and specify identity of offeror/offeree:                                                                                   N/A 
(e) Date position held/dealing undertaken:                                                                                                                                                               Thursday, March 15, 2018 
For an opening position disclosure, state the latest practicable  date prior to the disclosure 
(f) In addition to the company in 1(c) above, is the discloser  making disclosures in respect of any other party to the offer?                                                                          YES - GVC Holdings PLC 
If it is a cash offer or possible cash offer, state "N/A"                                                                                                                                                If YES, specify which: 
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: 
                                                                                                                                                            Interests                                                                    Short positions 
                                                                                                                                                            Number                                       %                               Number       % 
(1) Relevant securities owned and/or controlled: 
(2) Cash-settled derivatives:                                                                                                                               40,334,929                                   2.10% 
(3) Stock-settled derivatives (including options) and agreements  to purchase/sell: 
TOTAL:                                                                                                                                                      40,334,929                                   2.10% 
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 security                                        Purchase/sale                                                                             Number of securities                                                         Price per unit 
(b)                          Cash-settled derivative transactions 
Class of relevant security                                        Product description                         Nature of dealing                                                                          Number of reference securities               Price per unit 
                                                                  e.g. CFD                                    e.g. opening/closing a long/short position, increasing/reducing a  long/short position 
GBp 28.3333                                                       CFD                                         Increasing a long position                                                                                                 400,000      GBp 168.75 
GBp 28.3333                                                       CFD                                         Increasing a long position                                                                                                 1,500,000    GBp 168.73 
GBp 28.3333                                                       CFD                                         Increasing a long position                                                                                                 300,000      GBp 168.76 
GBp 28.3333                                                       CFD                                         Increasing a long position                                                                                                 500,000      GBp 168.83 
GBp 28.3333                                                       CFD                                         Increasing a long position                                                                                                 300,000      GBp 169.11 
GBp 28.3333                                                       CFD                                         Increasing a long position                                                                                                 212,800      GBp 169.19 
(c)                          Stock-settled derivative transactions (including options) 
(i)                          Writing, selling, purchasing or varying 
Class of relevant security   Product descriptione.g. call option  Writing, purchasing, selling, varying etc.  Number of securities to which option relates  Exercise price per unit                      Type                            Expiry date  Option money paid/ received per unit 
                                                                                                                                                                                                         e.g. American, European etc. 
(ii)                         Exercise 
Class of relevant security   Product description                                                              Exercising/ exercised against                 Number of securities                         Exercise price per unit 
                             e.g. call option 
(d)                          Other dealings (including subscribing for new securities) 
Class of relevant security   Nature of dealing                                                                Details                                                                                    Price per unit (if applicable) 
                             e.g. subscription, 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:                                                                                                                                         Friday, March 16, 2018 

Contact name:                                                                                                                                               J. H. Austin 
Telephone number:                                                                                                                                           020 3826 4492 
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. 
 
 
 
 

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(END) Dow Jones Newswires

March 16, 2018 11:25 ET (15:25 GMT)