UniCredit S.p.A.
LSE : TTM

January 28, 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         Paddy Power PLC                      
relation to 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         27th January 2016                    
undertaken:                                                                 
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(f) Has the discloser previously       Yes                                  
disclosed, or are they today           the discloser disclosed a position of
disclosing, under the Code in respect  455,491.00 shares equal to 1,010% as 
of any other party to this offer?      of trade date January 21st 2016      
                                       disclosed, January 22nd 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  
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                                                Number     %    Number   %  
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(1) Relevant securities owned and/or          445,491.00 1,009%             
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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                                              445,491.00 1,009%             
TOTAL:                                                                      
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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        Price per unit  
      security                             securities                       
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(b) Derivatives transactions (other than options)


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    Class of       Product      Nature of dealing     Number of    Price per
    relevant     description   e.g. opening/closing   reference      unit   
    security       e.g. CFD        a long/short       securities            
                                    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 Option money
 relevant  description purchasing, securities  price per   e.g.     date      paid/   
 security   e.g. call   selling,    to which     unit    American,        received per
             option   varying etc.   option              European             unit    
                                     relates               etc.                       
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(ii) Exercising


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 Class of relevant Product description     Number of      Exercise price per
      security       e.g. call option      securities            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 Positions) attached?              NO         
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Date of disclosure:                   28th January 2016                      
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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.