REG - GVC Holdings PLC Ladbrokes Coral Grp - Form 8 (OPD) - Interests in GVC Holdings Plc <Origin Href="QuoteRef">GVC.L</Origin> <Origin Href="QuoteRef">LCL.L</Origin>

EntainAnnouncement

21/12/2017 12:00

RNS Number : 0914A
GVC Holdings PLC
21 December 2017
FORM 8 (OPD)
PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER
Rules 8.1 and 8.2 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Full name of discloser:
GVC Holdings PLC (the "Company")
(b) Owner or controller of interests and short positions disclosed, if different from 1(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:
 Use a separate form for each offeror/offeree
The Company
(d) Is the discloser the offeror or the offeree?
OFFEROR
(e) Date position held:
 The latest practicable date prior to the disclosure
20 December 2017
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? 
 If it is a cash offer or possible cash offer, state "N/A"
YES - Ladbrokes Coral Group plc
2. POSITIONS OF THE PARTY TO THE OFFER 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
Class of relevant security:
Ordinary shares of 0.01 each
Interests
Short positions
Number
%
Number
%
(1) Relevant securities owned and/or controlled:
Nil
0
Nil
0
(2) Cash-settled derivatives:
Nil
0
Nil
0
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
Nil
0
Nil
0
 TOTAL:
Nil
0
Nil
0
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 Form8 (Open Positions).
Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).
(b) Rights to subscribe for new securities
Class of relevant security in relation to which subscription right exists:
N/A
Details, including nature of the rights concerned and relevant percentages:
N/A
3. POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE
Details of any interests, short positions and rights to subscribe (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure:
(a) Interest in the Company's ordinary shares held by the directors of the Company and their close relatives and related trusts
Class of relevant securities
Ordinary shares of 0.01 each
Beneficial owner
Registered holder
Number of Company shares held
%*
Kenneth Alexander
TD Direct Investing Nominees Europe Limited
1,585,455
0.5220
Caroline Alexander 
Caroline Alexander
313,333
0.1032
Lee Feldman
Vidacos Nominees Limited a/c Chascust
734,141
0.2417
Norbert Teufelberger
Securities Services Nominees Limited a/c 2276220
755,276
0.2487
Jane Anscombe
HSDL Nominees Limited
1,406
0.0005
 Wife of Kenneth Alexander
(b) Options over Company shares held by the directors of the Company and their close relatives and related trusts
Kenneth Alexander:
GVC Share Plan under which awarded
Maximum number of Company shares subject to subsisting options
Date of grant
Exercise period
Exercise price
2015 LTIP
2,932,692 (unvested)
3 February 2016
Vest quarterly until 3 August 2018 (when vested in full) and exercisable until 3 February 2026
4.22
Lee Feldman:
2015 LTIP
1,466,345 (unvested)
3 February 2016
Vest quarterly until 3 August 2018 (when vested in full) and exercisable until 3 February 2026
4.67
Paul Miles:
2017 CFO Incentive Plan
233,333 (vested)
116,667 (unvested)
30 March 2017
Vest quarterly until 3 August 2018 (when vested in full) and exercisable until 30 March 2027
4.22
Norbert Teufelberger:
2015 LTIP
28,571 (vested)
28,572 (unvested)
3 February 2016
Vest quarterly until 3 February 2018 (when vested in full) and exercisable until 3 February 2026
4.22
(c) Interests in the Company's ordinary shares held by the concert parties of the Company
Class of relevant securities
Ordinary shares of 0.01 each
Name
Number of Company shares held
%*
Investec Capital and Investments (Ireland) Limited
2,315
0.0008
* Percentages have been rounded
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).
Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).
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 party to the offer making the disclosure or any person acting in concert with it:
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 party to the offer making the disclosure, or any person acting in concert with it, 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
Are any Supplemental Forms attached?
Supplemental Form 8 (Open Positions)
NO
Supplemental Form 8 (SBL)
NO
Date of disclosure:
21 December 2017
Contact name:
Robert Hoskin
Telephone number:
+350 200 47191
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.

This information is provided by RNS
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