Morgan Stanley Cap MGM Resorts Intnl. - Form 8.5 (EPT/RI) - Replacement of MGM Resorts

MGM Resorts International

18/01/2021 11:10

RNS Number : 5099M

Morgan Stanley Capital Services LLC

21 January 2021

 

AMENDMENT(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 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:
15 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
6,394
21.8462 GBP
21.8462 GBP
USD 0.01 common
PURCHASES
65,316
30.1400 USD
29.4400 USD
USD 0.01 common
SALES
117,899
30.1600 USD
29.3500 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
SHORT
100
29.5700 USD
USD 0.01 common
CFD
SHORT
100
29.5900 USD
USD 0.01 common
CFD
SHORT
100
30.0150 USD
USD 0.01 common
CFD
LONG
1,300
30.0900 USD
USD 0.01 common
CFD
LONG
132,239
29.8000 USD
USD 0.01 common
CFD
SHORT
132,239
29.8000 USD
USD 0.01 common
CFD
SHORT
1,356
29.8000 USD
USD 0.01 common
CFD
LONG
1,697
29.7647 USD
USD 0.01 common
CFD
SHORT
181
29.8118 USD
USD 0.01 common
CFD
LONG
192
29.8528 USD
USD 0.01 common
CFD
SHORT
200
29.9500 USD
USD 0.01 common
CFD
SHORT
2,100
29.8198 USD
USD 0.01 common
CFD
SHORT
2,281
29.6513 USD
USD 0.01 common
CFD
SHORT
2,495
29.8000 USD
USD 0.01 common
CFD
LONG
3
29.8000 USD
USD 0.01 common
CFD
SHORT
3
29.8000 USD
USD 0.01 common
CFD
LONG
3,200
29.7910 USD
USD 0.01 common
CFD
SHORT
35
29.8000 USD
USD 0.01 common
CFD
LONG
362
29.8000 USD
USD 0.01 common
CFD
LONG
36,300
29.8000 USD
USD 0.01 common
CFD
SHORT
383,735
30.2800 USD
USD 0.01 common
CFD
LONG
50
30.0200 USD
USD 0.01 common
CFD
SHORT
50
29.9500 USD
USD 0.01 common
CFD
SHORT
529
29.8000 USD
USD 0.01 common
CFD
SHORT
5,700
29.8066 USD
USD 0.01 common
CFD
SHORT
5,700
29.8066 USD
USD 0.01 common
CFD
SHORT
5,939
29.6513 USD
USD 0.01 common
CFD
LONG
6,394
29.6912 USD
USD 0.01 common
CFD
LONG
67,544
29.8127 USD
USD 0.01 common
CFD
LONG
67,544
29.8127 USD
USD 0.01 common
CFD
LONG
7
29.8000 USD
USD 0.01 common
CFD
LONG
7
29.8000 USD
USD 0.01 common
CFD
LONG
7
29.8000 USD
USD 0.01 common
CFD
LONG
7
29.8000 USD
USD 0.01 common
CFD
SHORT
7
29.8000 USD
USD 0.01 common
CFD
SHORT
7
29.8000 USD
USD 0.01 common
CFD
SHORT
7
29.8000 USD
USD 0.01 common
CFD
SHORT
7
29.8000 USD
USD 0.01 common
CFD
LONG
800
30.0500 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:
21 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 
  END

 

 
FERZFLFLFFLZBBD