REG - Morgan Stanley & Co. Entain PLC - Form 8.5 (EPT/RI)-Replacement of Entain plc

EntainAnnouncement

11/01/2021 16:50

RNS Number : 3040L
  
Morgan Stanley & Co. Int'l plc
  
11 January 2021
  
 

AMENDMENT(2(a), 2(b))
FORM 8.5 (EPT/RI)
 
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")
 
1.         KEY INFORMATION
 



(a) Name of exempt principal trader:


Morgan Stanley & Co. International plc




(b) Name of offeror/offeree in relation to whose relevant securities this form relates:
     Use a separate form for each offeror/offeree


Entain plc




(c) Name of the party to the offer with which exempt principal trader is connected:


Entain plc




(d) Date dealing undertaken:


06 January 2021




(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?
     If it is a cash offer or possible cash offer, state "N/A"


YES- MGM Resorts International



 
2.         DEALINGS BY THE EXEMPT PRINCIPAL TRADER
 
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(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


Purchases/ sales
 


Total number of securities


Highest price per unit paid/received


Lowest price per unit paid/received




EUR 0.01 ordinary


SALES


1,784,628


14.6650 GBP


13.9986 GBP




EUR 0.01 ordinary


PURCHASES


3,080,049


14.6750 GBP


14.0662 GBP




EUR 0.01 ordinary


SALES


283


15.8991 EUR


15.8991 EUR




EUR 0.01 ordinary


PURCHASES


283


15.9000 EUR


15.6500 EUR




EUR 0.01 ordinary


SALES


51


19.8185 USD


19.8185 USD



 
(b)        Cash-settled derivative transactions
 



Class of relevant security


Product description
e.g. CFD


Nature of dealing
e.g. opening/closing a long/short position, increasing/reducing a long/short position


Number of reference securities


Price per unit




EUR 0.01 ordinary


CFD


LONG


7


13.9986 GBP




EUR 0.01 ordinary


CFD


LONG


164


14.3202 GBP




EUR 0.01 ordinary


CFD


LONG


289


14.3754 GBP




EUR 0.01 ordinary


CFD


LONG


289


14.3754 GBP




EUR 0.01 ordinary


CFD


LONG


711


14.3928 GBP




EUR 0.01 ordinary


CFD


LONG


711


14.3929 GBP




EUR 0.01 ordinary


CFD


LONG


76


14.4039 GBP




EUR 0.01 ordinary


CFD


LONG


24,039


14.4121 GBP




EUR 0.01 ordinary


CFD


LONG


27,949


14.4142 GBP




EUR 0.01 ordinary


CFD


LONG


3,203


14.4648 GBP




EUR 0.01 ordinary


CFD


LONG


11,298


14.4743 GBP




EUR 0.01 ordinary


CFD


LONG


14,207


14.4743 GBP




EUR 0.01 ordinary


CFD


LONG


25,623


14.4743 GBP




EUR 0.01 ordinary


CFD


LONG


941


14.4781 GBP




EUR 0.01 ordinary


CFD


LONG


704


14.4781 GBP




EUR 0.01 ordinary


CFD


LONG


337


14.4781 GBP




EUR 0.01 ordinary


CFD


LONG


1,345


14.4781 GBP




EUR 0.01 ordinary


CFD


LONG


760


14.4781 GBP




EUR 0.01 ordinary


CFD


LONG


5,114


14.4781 GBP




EUR 0.01 ordinary


CFD


LONG


2,465


14.4947 GBP




EUR 0.01 ordinary


CFD


LONG


50,000


14.5001 GBP




EUR 0.01 ordinary


CFD


LONG


2,099


14.5015 GBP




EUR 0.01 ordinary


CFD


LONG


2,263


14.5237 GBP




EUR 0.01 ordinary


CFD


LONG


106


14.5640 GBP




EUR 0.01 ordinary


CFD


LONG


30,000


14.5890 GBP




EUR 0.01 ordinary


CFD


LONG


465


14.5950 GBP




EUR 0.01 ordinary


CFD


LONG


335


14.5985 GBP




EUR 0.01 ordinary


CFD


LONG


5,201


14.6000 GBP




EUR 0.01 ordinary


CFD


LONG


3,242


14.6000 GBP




EUR 0.01 ordinary


CFD


LONG


22,456


14.6000 GBP




EUR 0.01 ordinary


CFD


LONG


4,887


14.6059 GBP




EUR 0.01 ordinary


CFD


LONG


2,150


14.6065 GBP




EUR 0.01 ordinary


CFD


SHORT


9


14.0660 GBP




EUR 0.01 ordinary


CFD


SHORT


16


14.0660 GBP




EUR 0.01 ordinary


CFD


SHORT


2,583


14.3686 GBP




EUR 0.01 ordinary


CFD


SHORT


28,545


14.3775 GBP




EUR 0.01 ordinary


CFD


SHORT


35,741


14.3775 GBP




EUR 0.01 ordinary


CFD


SHORT


15,714


14.3775 GBP




EUR 0.01 ordinary


CFD


SHORT


25,000


14.4000 GBP




EUR 0.01 ordinary


CFD


SHORT


138


14.4000 GBP




EUR 0.01 ordinary


CFD


SHORT


700


14.4007 GBP




EUR 0.01 ordinary


CFD


SHORT


16,182


14.4205 GBP




EUR 0.01 ordinary


CFD


SHORT


4,495


14.4445 GBP




EUR 0.01 ordinary


CFD


SHORT


78,926


14.4474 GBP




EUR 0.01 ordinary


CFD


SHORT


3


14.4583 GBP




EUR 0.01 ordinary


CFD


SHORT


21,409


14.5045 GBP




EUR 0.01 ordinary


CFD


SHORT


26,806


14.5045 GBP




EUR 0.01 ordinary


CFD


SHORT


11,785


14.5045 GBP




EUR 0.01 ordinary


CFD


SHORT


41,202


14.5293 GBP




EUR 0.01 ordinary


CFD


SHORT


59,763


14.5361 GBP




EUR 0.01 ordinary


CFD


SHORT


3,229


14.5361 GBP




EUR 0.01 ordinary


CFD


SHORT


22,802


14.5361 GBP




EUR 0.01 ordinary


CFD


SHORT


1,890


14.5361 GBP




EUR 0.01 ordinary


CFD


SHORT


12,316


14.5361 GBP




EUR 0.01 ordinary


CFD


SHORT


9,309


14.5405 GBP




EUR 0.01 ordinary


CFD


SHORT


375,335


14.5405 GBP




EUR 0.01 ordinary


CFD


SHORT


49,799


14.5405 GBP




EUR 0.01 ordinary


CFD


SHORT


3,542


14.5405 GBP




EUR 0.01 ordinary


CFD


SHORT


7,216


14.5405 GBP




EUR 0.01 ordinary


CFD


SHORT


34,893


14.5616 GBP




EUR 0.01 ordinary


CFD


SHORT


11,401


14.5708 GBP




EUR 0.01 ordinary


CFD


SHORT


6,158


14.5708 GBP




EUR 0.01 ordinary


CFD


SHORT


29,881


14.5708 GBP




EUR 0.01 ordinary


CFD


SHORT


1,615


14.5708 GBP




EUR 0.01 ordinary


CFD


SHORT


945


14.5708 GBP




EUR 0.01 ordinary


CFD


SHORT


83,007


14.5728 GBP




EUR 0.01 ordinary


CFD


SHORT


2,719


14.5746 GBP




EUR 0.01 ordinary


CFD


SHORT


12,546


14.5746 GBP




EUR 0.01 ordinary


CFD


SHORT


16,814


14.5746 GBP




EUR 0.01 ordinary


CFD


SHORT


315


14.5746 GBP




EUR 0.01 ordinary


CFD


SHORT


6,339


14.5746 GBP




EUR 0.01 ordinary


CFD


SHORT


3,570


14.5746 GBP




EUR 0.01 ordinary


CFD


SHORT


15,786


14.5746 GBP




EUR 0.01 ordinary


CFD


SHORT


1,229


14.5746 GBP




EUR 0.01 ordinary


CFD


SHORT


622


14.5820 GBP




EUR 0.01 ordinary


CFD


SHORT


700


14.5900 GBP




EUR 0.01 ordinary


CFD


SHORT


300


14.5900 GBP




EUR 0.01 ordinary


CFD


SHORT


800


14.5900 GBP




EUR 0.01 ordinary


CFD


SHORT


34,121


14.5900 GBP




EUR 0.01 ordinary


CFD


SHORT


4,500


14.5900 GBP




EUR 0.01 ordinary


CFD


SHORT


100,000


14.5925 GBP




EUR 0.01 ordinary


CFD


SHORT


4,887


14.5943 GBP




EUR 0.01 ordinary


CFD


SHORT


992


14.5950 GBP




EUR 0.01 ordinary


CFD


SHORT


50,000


14.5975 GBP




EUR 0.01 ordinary


CFD


SHORT


13,551


14.6000 GBP




EUR 0.01 ordinary


CFD


SHORT


371


14.6000 GBP




EUR 0.01 ordinary


CFD


SHORT


100


14.6000 GBP




EUR 0.01 ordinary


CFD


SHORT


13,402


14.6065 GBP




EUR 0.01 ordinary


CFD


SHORT


5,976


14.6065 GBP




EUR 0.01 ordinary


CFD


SHORT


8,190


14.6065 GBP




EUR 0.01 ordinary


CFD


SHORT


5,893


14.6065 GBP




EUR 0.01 ordinary


CFD


SHORT


10,705


14.6065 GBP




EUR 0.01 ordinary


CFD


SHORT


1,805


14.6098 GBP




EUR 0.01 ordinary


CFD


SHORT


288


14.6098 GBP




EUR 0.01 ordinary


CFD


SHORT


11,400


14.6193 GBP




EUR 0.01 ordinary


CFD


SHORT


100,000


14.6437 GBP



 
(c)        Stock-settled derivative transactions (including options)
 
(i)         Writing, selling, purchasing or varying
 



Class of relevant security


Product description e.g. call option


Writing, purchasing, selling, varying etc.


Number of securities to which option relates


Exercise price per unit


Type
e.g. American, European etc.


Expiry date


Option money paid/ received per unit




N/A


N/A


N/A


N/A


N/A


N/A


N/A


N/A



 
(ii)        Exercise
 



Class of relevant security


Product description
e.g. call option


Exercising/ exercised against


Number of securities


Exercise price per unit




N/A


N/A


N/A


N/A


N/A



 
(d)        Other dealings (including subscribing for new securities)
 



Class of relevant security


Nature of dealing
e.g. subscription, conversion


Details


Price per unit (if applicable)




N/A


N/A


N/A


N/A



 
3.         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 exempt principal trader 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 exempt principal trader 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
 



 
 



Date of disclosure:


11 January 2021




Contact name:


Craig Horsley




Telephone number:


+44 141 245-7736



 
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 dealing disclosure requirements on +44 (0)20 7638 0129.
 
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

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