REG - BlackRock Group MGM Resorts Intnl. - Form 8.3 - MGM Resorts International

MGM Resorts InternationalAnnouncement

20/01/2021 15:20

RNS Number : 3429M
  
BlackRock Group
  
20 January 2021
  
 

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
 



(a) Full name of discloser:


BlackRock, Inc.




(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.


N/A




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


MGM Resorts International




(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:








(e) Date position held/dealing undertaken:
     For an opening position disclosure, state the latest practicable date prior to the disclosure


19 January 2021




(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, Entain plc



 
2.         POSITIONS OF THE PERSON 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 following the dealing (if any)
 



Class of relevant security:
 


USD 0.01 common




 
 


Interests


Short positions




Number


%


Number


%




(1) Relevant securities owned and/or controlled:


28,193,595


5.69%


159,349


0.03%




(2) Cash-settled derivatives:
 


238,729


0.04%


7,684


0.00%




(3) Stock-settled derivatives (including options) and agreements to purchase/sell:


0


0.00%


0


0.00%




 
     TOTAL:


28,432,324


5.74%


167,033


0.03%



 
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 Form 8 (Open Positions).
 
(b)        Rights to subscribe for new securities (including directors' and other employee options)
 



Class of relevant security in relation to which subscription right exists:








Details, including nature of the rights concerned and relevant percentages:







 
3.         DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
 
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.
 
The currency of all prices and other monetary amounts should be stated.
 
(a)        Purchases and sales
 



Class of relevant security


Purchase/sale
 


Number of securities


Price per unit




USD 0.01 common


Purchase


3,706


USD 30.5300




USD 0.01 common


Purchase


4,535


USD 30.6671




USD 0.01 common


Sale


5,748


USD 30.5300




USD 0.01 common


Sale


12,654


USD 31.0578



 
(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




USD 0.01 common


CFD


Increasing long


100


USD 30.6825




USD 0.01 common


CFD


Increasing long


5,915


USD 30.6831




USD 0.01 common


CFD


Increasing long


1,411


USD 30.6944




USD 0.01 common


CFD


Reducing long


185


USD 30.6528




USD 0.01 common


CFD


Reducing long


1,946


USD 30.6755




USD 0.01 common


CFD


Reducing long


1,246


USD 30.6853




USD 0.01 common


CFD


Reducing long


51


USD 30.6890



 
(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





































 
(ii)        Exercise
 



Class of relevant security


Product description
e.g. call option


Exercising/ exercised against


Number of securities


Exercise price per unit




















 
 



 
(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)




USD 0.01 common


Transfer In of Shares


6,693








USD 0.01 common


Transfer Out of Shares


11,350







 
 
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 person 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 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"




 
None.



 
(c)        Attachments
 



Is a Supplemental Form 8 (Open Positions) attached?


No



 



Date of disclosure:


20 January 2021




Contact name:


Jana Blumenstein




Telephone number:


+44 20 7743 3650



 
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.
.
 

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