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

EntainAnnouncement

21/12/2017 12:30

RNS Number : 1018A
Ladbrokes Coral Group 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:
Ladbrokes Coral Group plc
LEI: 213800P7FJOPCV4H3J04
(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
Ladbrokes Coral Group plc
(d) Is the discloser the offeror or the offeree?
OFFEREE
(e) Date position held:
 The latest practicable date prior to the disclosure
21 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"
NO
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 28 pence
Interests
Short positions
Number
%
Number
%
(1) Relevant securities owned and/or controlled:
Nil
Nil
(2) Cash-settled derivatives:
Nil
Nil
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
Nil
Nil
 TOTAL:
Nil
Nil
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).
*Please note that, as at close of business on 21 December 2017, Ladbrokes Coral Group plc had 31,760,568 shares in treasury.
(b) Rights to subscribe for new securities
Class of relevant security in relation to which subscription right exists:
None
Details, including nature of the rights concerned and relevant percentages:
None
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) Interests held by directors of Ladbrokes Coral Group plc and their related persons
Director
Number of ordinary shares held
Percentage of total issued share capital (to 3 d.p.)
Paul Bowtell
1,763,323
0.092%
Mark Clare
50,000
0.003%
John Kelly
77,441
0.004%
James Mullen
120,139
0.006%
Mark Pain(1)
50,000
0.003%
Stephanie Spring
38,240
0.002%
Robert Templeman(2)
7,498,252
0.391%
(1) Includes interests held by Mr Pain's wife.
(2) Includes interests held by Mr Templeman's wife.
(b) Directors' rights to subscribe for Ladbrokes Coral Group plc shares under Ladbrokes Coral Group plc's share plans
Deferred Bonus Plan Scheme
Director
Number of ordinary shares under award
Date of grant
Date of vesting
Paul Bowtell
29,173
5 May 2017
5 May 2020
James Mullen
29,543
24 March 2016
24 March 2019

159,448
5 May 2017
5 May 2020
Performance Share Plan
Director
Number of ordinary shares under award
Date of grant
Date of vesting
Paul Bowtell
659,158
19 May 2017
19 May 2020
James Mullen
910,580
12 May 2015
12 May 2018

752,364
10 May 2016
10 May 2019

1,066,797
19 May 2017
19 May 2020
SAYE Scheme Share Option Scheme
Director
Number of ordinary shares subject to option
Date of grant
Earliest exercisable date
James Mullen
17,821
6 June 2017
1 August 2020

15,345
6 June 2014
1 August 2017
(c) Shares held by Computershare Trustees (C.I.) Limited as trustee of Ladbrokes Coral Group Share Ownership Trust
Trustee
Number of ordinary shares held
Percentage of total issued share capital (to 3 d.p.)
Computershare Trustees (C.I.) Limited
1,586,399
0.083%
(d) Shares held by Computershare Trustees Limited as trustee of the SIP Trust
Trustee
Number of ordinary shares held
Percentage of total issued share capital (to 3 d.p.)
Computershare Trustees Limited
2,422,378
0.126%
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:
Geoff Mason
Telephone number:
0208 515 5131
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
The company news service from the London Stock Exchange
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