UniCredit S.p.A.
LSE : TTM

January 22, 2016 10:30 ET

Form 8.3 - Paddy Power PLC

                                    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


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(a) Identity of the person whose              Unicredit SpA                           
positions/dealings are being disclosed:                                               
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(b) Owner or controller of interests and                                              
short positions disclosed, if different from                                          
1(a):                                                                                 
The naming of nominee or vehicle companies is                                         
insufficient                                                                          
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(c) Name of offeror/offeree in relation to    Paddy Power PLC                         
whose relevant securities this form relates:                                          
Use a separate form for each offeror/offeree                                          
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(d) If an exempt fund manager connected with                                          
an offeror/offeree, state this and specify                                            
identity of offeror/offeree:                                                          
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(e) Date position held/dealing undertaken:    21st January 2016                       
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(f) Has the discloser previously disclosed,   Yes                                     
or are they today disclosing, under the Code  the discloser disclosed a position of   
in respect of any other party to this offer?  455,491.00 shares equal to 1,010% as of 
                                              trade date January 20th 2016 disclosed, 
                                              January 21st 2016                       
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2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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


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Class of relevant security:                                                           
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                                                    Interests        Short positions  
                                              ----------------------------------------
                                                Number       %      Number       %    
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(1) Relevant securities owned and/or          445,491.00  1,010%                      
controlled:                                                                           
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(2) Derivatives (other than options):                                                 
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(3) Options and agreements to purchase/sell:                                          
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TOTAL:                                        445,491.00  1,010%        
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All interests and all short positions should be disclosed.

Details of any open derivative or option positions, 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 executive options)


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

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

(a) Purchases and sales


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   Class of relevant       Purchase/sale     Number of securities     Price per unit    
       security                                                                         
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(b) Derivatives transactions (other than options)


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Class of relevant     Product     Nature of dealing    Number of      Price per unit 
     security       description          e.g.          reference                     
                      e.g. CFD    opening/closing a    securities                    
                                      long/short                                     
                                      position,                                      
                                  increasing/reducing                                  
                                    a long/short                                   
                                       position                                      
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(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying


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


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  Class of relevant   Product description Number of securities  Exercise price per 
      security         e.g. call option                                unit        
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(d) Other dealings (including subscribing for new securities)


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  Class of relevant   Nature of dealing        Details       Price per unit (if 
      security       e.g. subscription,                          applicable)    
                         conversion                                             
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The currency of all prices and other monetary amounts should be stated.

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.

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements


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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:                                                             
If there are no such agreements, arrangements or understandings, state "none"   
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None                                                                            
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(b) Agreements, arrangements or understandings relating to options or derivatives


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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"   
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None                                                                            
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(c) Attachments


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Is a Supplemental Form 8 (Open                             NO                   
Positions) attached?                                                            
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Date of disclosure:                     22nd January 2015                       
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Contact name:                           SEBASTIANO MOREDDU, PIONEER GLOBAL ASSET
                                        MANAGEMENT SPA                          
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Telephone number:                       +39 (0)2 76223623                       
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Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be 
emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panel's Market Surveillance Unit is available 
for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.

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

Contact Information

  • UniCredit S.p.A.