REG - Morgan Stanley Cap MGM Resorts Intnl. - Form 8.5 (EPT/RI) - MGM Resorts International

MGM Resorts InternationalAnnouncement

20/01/2021 11:05

RNS Number : 3235M
  
Morgan Stanley Capital Services LLC
  
20 January 2021
  
 

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 Capital Services LLC




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


MGM Resorts International




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


Entain plc




(d) Date dealing undertaken:


19 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- Entain plc



 
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




USD 0.01 common


SALES


21,196


31.0900 USD


30.4900 USD




USD 0.01 common


PURCHASES


154,804


31.1400 USD


30.4900 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




USD 0.01 common


CFD


LONG


7


30.5300 USD




USD 0.01 common


CFD


LONG


7


30.5300 USD




USD 0.01 common


CFD


LONG


7


30.5300 USD




USD 0.01 common


CFD


LONG


132,239


30.5300 USD




USD 0.01 common


CFD


LONG


439


30.5300 USD




USD 0.01 common


CFD


LONG


3


30.5300 USD




USD 0.01 common


CFD


LONG


7


30.5300 USD




USD 0.01 common


CFD


LONG


1,400


30.5397 USD




USD 0.01 common


CFD


LONG


870


30.5441 USD




USD 0.01 common


CFD


LONG


5,600


30.5669 USD




USD 0.01 common


CFD


LONG


8,400


30.5886 USD




USD 0.01 common


CFD


LONG


400


30.7491 USD




USD 0.01 common


CFD


LONG


200


30.7491 USD




USD 0.01 common


CFD


LONG


500


30.7491 USD




USD 0.01 common


CFD


LONG


100


30.8200 USD




USD 0.01 common


CFD


LONG


1,086


30.9074 USD




USD 0.01 common


CFD


LONG


300


31.0400 USD




USD 0.01 common


CFD


SHORT


3


30.5300 USD




USD 0.01 common


CFD


SHORT


7


30.5300 USD




USD 0.01 common


CFD


SHORT


151


30.5300 USD




USD 0.01 common


CFD


SHORT


213


30.5300 USD




USD 0.01 common


CFD


SHORT


7


30.5300 USD




USD 0.01 common


CFD


SHORT


200


30.5300 USD




USD 0.01 common


CFD


SHORT


7


30.5300 USD




USD 0.01 common


CFD


SHORT


132,239


30.5300 USD




USD 0.01 common


CFD


SHORT


879


30.5300 USD




USD 0.01 common


CFD


SHORT


7


30.5300 USD




USD 0.01 common


CFD


SHORT


1,400


30.5300 USD




USD 0.01 common


CFD


SHORT


400


30.5367 USD




USD 0.01 common


CFD


SHORT


11,413


30.6471 USD




USD 0.01 common


CFD


SHORT


7,761


30.6471 USD




USD 0.01 common


CFD


SHORT


18,865


30.6471 USD




USD 0.01 common


CFD


SHORT


15,000


30.6631 USD




USD 0.01 common


CFD


SHORT


5,047


30.7512 USD




USD 0.01 common


CFD


SHORT


15,953


30.7512 USD




USD 0.01 common


CFD


SHORT


18,770


30.8012 USD




USD 0.01 common


CFD


SHORT


14,800


31.0505 USD




USD 0.01 common


CFD


SHORT


36,703


31.0718 USD



 
(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:


20 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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