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

MGM Resorts InternationalAnnouncement

18/01/2021 15:45

RNS Number : 0722M
  
Morgan Stanley & Co. Int'l plc
  
18 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:


13 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


724,189


14.2800 GBP


13.8500 GBP




EUR 0.01 ordinary


PURCHASES


2,054,211


14.4841 GBP


13.8550 GBP




EUR 0.01 ordinary


SALES


5


18.9670 USD


18.9670 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


3,435


13.8899 GBP




EUR 0.01 ordinary


CFD


LONG


2,759


13.8899 GBP




EUR 0.01 ordinary


CFD


LONG


15,151


13.8899 GBP




EUR 0.01 ordinary


CFD


LONG


6,502


13.8899 GBP




EUR 0.01 ordinary


CFD


LONG


1,175


13.8899 GBP




EUR 0.01 ordinary


CFD


LONG


334


13.8899 GBP




EUR 0.01 ordinary


CFD


LONG


12,093


13.8899 GBP




EUR 0.01 ordinary


CFD


LONG


15,910


13.8899 GBP




EUR 0.01 ordinary


CFD


LONG


63


13.9100 GBP




EUR 0.01 ordinary


CFD


LONG


285


13.9150 GBP




EUR 0.01 ordinary


CFD


LONG


407


13.9301 GBP




EUR 0.01 ordinary


CFD


LONG


13,830


13.9623 GBP




EUR 0.01 ordinary


CFD


LONG


293


13.9722 GBP




EUR 0.01 ordinary


CFD


LONG


7,429


13.9858 GBP




EUR 0.01 ordinary


CFD


LONG


11,217


13.9858 GBP




EUR 0.01 ordinary


CFD


LONG


8,128


13.9858 GBP




EUR 0.01 ordinary


CFD


LONG


81


13.9989 GBP




EUR 0.01 ordinary


CFD


LONG


343


14.0122 GBP




EUR 0.01 ordinary


CFD


LONG


343


14.0324 GBP




EUR 0.01 ordinary


CFD


LONG


657


14.0324 GBP




EUR 0.01 ordinary


CFD


LONG


724


14.0469 GBP




EUR 0.01 ordinary


CFD


LONG


13,379


14.0565 GBP




EUR 0.01 ordinary


CFD


LONG


852


14.0703 GBP




EUR 0.01 ordinary


CFD


LONG


1,198


14.1669 GBP




EUR 0.01 ordinary


CFD


LONG


1,010


14.1672 GBP




EUR 0.01 ordinary


CFD


LONG


300


14.1859 GBP




EUR 0.01 ordinary


CFD


SHORT


20,000


13.8639 GBP




EUR 0.01 ordinary


CFD


SHORT


30,000


13.8639 GBP




EUR 0.01 ordinary


CFD


SHORT


250,000


13.8639 GBP




EUR 0.01 ordinary


CFD


SHORT


150,000


13.8708 GBP




EUR 0.01 ordinary


CFD


SHORT


13,500


13.8736 GBP




EUR 0.01 ordinary


CFD


SHORT


440


13.8935 GBP




EUR 0.01 ordinary


CFD


SHORT


94


13.8935 GBP




EUR 0.01 ordinary


CFD


SHORT


7,463


13.8935 GBP




EUR 0.01 ordinary


CFD


SHORT


10,223


13.9021 GBP




EUR 0.01 ordinary


CFD


SHORT


396


13.9088 GBP




EUR 0.01 ordinary


CFD


SHORT


909


13.9114 GBP




EUR 0.01 ordinary


CFD


SHORT


2,717


13.9114 GBP




EUR 0.01 ordinary


CFD


SHORT


1,296


13.9114 GBP




EUR 0.01 ordinary


CFD


SHORT


85


13.9114 GBP




EUR 0.01 ordinary


CFD


SHORT


15,608


13.9114 GBP




EUR 0.01 ordinary


CFD


SHORT


4,096


13.9114 GBP




EUR 0.01 ordinary


CFD


SHORT


336


13.9114 GBP




EUR 0.01 ordinary


CFD


SHORT


4,953


13.9114 GBP




EUR 0.01 ordinary


CFD


SHORT


3,897


13.9150 GBP




EUR 0.01 ordinary


CFD


SHORT


4,120


13.9150 GBP




EUR 0.01 ordinary


CFD


SHORT


13,830


13.9150 GBP




EUR 0.01 ordinary


CFD


SHORT


5,213


13.9150 GBP




EUR 0.01 ordinary


CFD


SHORT


26,259


13.9241 GBP




EUR 0.01 ordinary


CFD


SHORT


1,200


13.9259 GBP




EUR 0.01 ordinary


CFD


SHORT


10,391


13.9368 GBP




EUR 0.01 ordinary


CFD


SHORT


5,890


13.9451 GBP




EUR 0.01 ordinary


CFD


SHORT


95,941


13.9483 GBP




EUR 0.01 ordinary


CFD


SHORT


103,492


13.9483 GBP




EUR 0.01 ordinary


CFD


SHORT


7,849


13.9483 GBP




EUR 0.01 ordinary


CFD


SHORT


2,130


13.9483 GBP




EUR 0.01 ordinary


CFD


SHORT


15,019


13.9483 GBP




EUR 0.01 ordinary


CFD


SHORT


6,558


13.9483 GBP




EUR 0.01 ordinary


CFD


SHORT


30,411


13.9483 GBP




EUR 0.01 ordinary


CFD


SHORT


10,005


13.9670 GBP




EUR 0.01 ordinary


CFD


SHORT


7,020


13.9726 GBP




EUR 0.01 ordinary


CFD


SHORT


18,000


13.9745 GBP




EUR 0.01 ordinary


CFD


SHORT


17,500


13.9745 GBP




EUR 0.01 ordinary


CFD


SHORT


781


13.9783 GBP




EUR 0.01 ordinary


CFD


SHORT


10,000


13.9793 GBP




EUR 0.01 ordinary


CFD


SHORT


25,000


13.9800 GBP




EUR 0.01 ordinary


CFD


SHORT


14,000


13.9800 GBP




EUR 0.01 ordinary


CFD


SHORT


171


13.9872 GBP




EUR 0.01 ordinary


CFD


SHORT


35,000


13.9913 GBP




EUR 0.01 ordinary


CFD


SHORT


5,985


14.0122 GBP




EUR 0.01 ordinary


CFD


SHORT


30,032


14.0231 GBP




EUR 0.01 ordinary


CFD


SHORT


6,700


14.0270 GBP




EUR 0.01 ordinary


CFD


SHORT


1,890


14.0490 GBP




EUR 0.01 ordinary


CFD


SHORT


12,316


14.0490 GBP




EUR 0.01 ordinary


CFD


SHORT


59,763


14.0490 GBP




EUR 0.01 ordinary


CFD


SHORT


3,229


14.0490 GBP




EUR 0.01 ordinary


CFD


SHORT


22,802


14.0490 GBP




EUR 0.01 ordinary


CFD


SHORT


1,010


14.1649 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:


18 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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