Last checked at 14 Jan 2021 09:01
FORM 8.3
Amendment to Purchase
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: | Barclays PLC. |
| (b) | Owner or controller of interest and short | |
| positions disclosed, if different from 1(a): | ||
| (c) | Name of offeror/offeree in relation to whose | MGM RESORTS INTERNATIONAL |
| relevant securities this form relates: | ||
| (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: | 07 January 2021 |
| (f) | In addition to the company in 1(c) above, is the discloser making | YES: |
| disclosures in respect of any other party to the offer? | 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 |
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| and/or controlled: | 450,724 | 0.09% | 483,229 | 0.10% | |
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(2) | Cash-settled derivatives: |
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359,693 | 0.07% | 0 | 0.00% | ||
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(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: | 996,000 | 0.20% | 633,000 | 0.13% | |
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(4) |
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| TOTAL: | 1,806,417 | 0.37% | 1,116,229 | 0.23% | |
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: |
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Details, including nature of the rights concerned and relevant percentages: |
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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 | Purchase/sale | Number of | Price per unit |
| security | securities | ||
| USD 0.01 common | Purchase | 1 | 31.0200 USD |
| USD 0.01 common | Purchase | 11 | 30.6300 USD |
| USD 0.01 common | Purchase | 13 | 30.6600 USD |
| USD 0.01 common | Purchase | 39 | 30.7133 USD |
| USD 0.01 common | Purchase | 53 | 30.6850 USD |
| USD 0.01 common | Purchase | 63 | 30.7000 USD |
| USD 0.01 common | Purchase | 100 | 30.7200 USD |
| USD 0.01 common | Purchase | 100 | 30.7250 USD |
| USD 0.01 common | Purchase | 106 | 30.8241 USD |
| USD 0.01 common | Purchase | 117 | 30.7222 USD |
| USD 0.01 common | Purchase | 131 | 30.7310 USD |
| USD 0.01 common | Purchase | 156 | 30.7050 USD |
| USD 0.01 common | Purchase | 180 | 30.6818 USD |
| USD 0.01 common | Purchase | 300 | 30.7083 USD |
| USD 0.01 common | Purchase | 300 | 30.7300 USD |
| USD 0.01 common | Purchase | 300 | 30.9150 USD |
| USD 0.01 common | Purchase | 300 | 30.7683 USD |
| USD 0.01 common | Purchase | 390 | 30.6500 USD |
| USD 0.01 common | Purchase | 464 | 30.8029 USD |
| USD 0.01 common | Purchase | 501 | 30.7211 USD |
| USD 0.01 common | Purchase | 1,489 | 30.7279 USD |
| USD 0.01 common | Purchase | 1,703 | 30.7678 USD |
| USD 0.01 common | Purchase | 2,166 | 30.7657 USD |
| USD 0.01 common | Purchase | 4,200 | 30.8050 USD |
| USD 0.01 common | Purchase | 4,245 | 30.8429 USD |
| USD 0.01 common | Purchase | 4,400 | 30.8002 USD |
| USD 0.01 common | Purchase | 5,333 | 30.7080 USD |
| USD 0.01 common | Purchase | 6,461 | 31.2506 USD |
| USD 0.01 common | Purchase | 7,760 | 31.0547 USD |
| USD 0.01 common | Purchase | 8,812 | 30.8262 USD |
| USD 0.01 common | Purchase | 10,890 | 30.6000 USD |
| USD 0.01 common | Purchase | 12,202 | 30.9248 USD |
| USD 0.01 common | Purchase | 13,400 | 30.9137 USD |
| USD 0.01 common | Purchase | 17,621 | 30.7251 USD |
| USD 0.01 common | Purchase | 24,891 | 30.7964 USD |
| USD 0.01 common | Purchase | 29,985 | 31.1350 USD |
| USD 0.01 common | Purchase | 30,299 | 30.8960 USD |
| USD 0.01 common | Purchase | 32,023 | 30.6322 USD |
| USD 0.01 common | Purchase | 82,556 | 30.6806 USD |
| USD 0.01 common | Purchase | 87,547 | 30.7697 USD |
| USD 0.01 common | Purchase | 129,697 | 30.8682 USD |
| USD 0.01 common | Sale | 25 | 30.7728 USD |
| USD 0.01 common | Sale | 81 | 30.8400 USD |
| USD 0.01 common | Sale | 90 | 30.6500 USD |
| USD 0.01 common | Sale | 100 | 31.2500 USD |
| USD 0.01 common | Sale | 100 | 31.0500 USD |
| USD 0.01 common | Sale | 100 | 30.8500 USD |
| USD 0.01 common | Sale | 107 | 31.2231 USD |
| USD 0.01 common | Sale | 144 | 30.8436 USD |
| USD 0.01 common | Sale | 158 | 30.8700 USD |
| USD 0.01 common | Sale | 200 | 30.8800 USD |
| USD 0.01 common | Sale | 200 | 30.8850 USD |
| USD 0.01 common | Sale | 201 | 30.6623 USD |
| USD 0.01 common | Sale | 300 | 30.7766 USD |
| USD 0.01 common | Sale | 400 | 30.6875 USD |
| USD 0.01 common | Sale | 401 | 31.2600 USD |
| USD 0.01 common | Sale | 428 | 31.2696 USD |
| USD 0.01 common | Sale | 500 | 31.2900 USD |
| USD 0.01 common | Sale | 600 | 30.6666 USD |
| USD 0.01 common | Sale | 674 | 30.9915 USD |
| USD 0.01 common | Sale | 819 | 30.5826 USD |
| USD 0.01 common | Sale | 853 | 30.7178 USD |
| USD 0.01 common | Sale | 900 | 30.7255 USD |
| USD 0.01 common | Sale | 900 | 30.6661 USD |
| USD 0.01 common | Sale | 1,000 | 30.6725 USD |
| USD 0.01 common | Sale | 1,000 | 31.2560 USD |
| USD 0.01 common | Sale | 1,000 | 31.2710 USD |
| USD 0.01 common | Sale | 1,029 | 30.8440 USD |
| USD 0.01 common | Sale | 1,200 | 30.8433 USD |
| USD 0.01 common | Sale | 1,203 | 31.2651 USD |
| USD 0.01 common | Sale | 1,204 | 30.8428 USD |
| USD 0.01 common | Sale | 1,403 | 30.8475 USD |
| USD 0.01 common | Sale | 1,439 | 30.7966 USD |
| USD 0.01 common | Sale | 1,500 | 30.6874 USD |
| USD 0.01 common | Sale | 1,500 | 31.2623 USD |
| USD 0.01 common | Sale | 1,672 | 30.7704 USD |
| USD 0.01 common | Sale | 1,800 | 30.9116 USD |
| USD 0.01 common | Sale | 2,100 | 30.7233 USD |
| USD 0.01 common | Sale | 2,600 | 30.7007 USD |
| USD 0.01 common | Sale | 2,603 | 30.9727 USD |
| USD 0.01 common | Sale | 2,800 | 30.8375 USD |
| USD 0.01 common | Sale | 2,878 | 31.0289 USD |
| USD 0.01 common | Sale | 4,460 | 31.2496 USD |
| USD 0.01 common | Sale | 4,500 | 30.9503 USD |
| USD 0.01 common | Sale | 4,609 | 31.3100 USD |
| USD 0.01 common | Sale | 4,732 | 30.9688 USD |
| USD 0.01 common | Sale | 5,916 | 31.3075 USD |
| USD 0.01 common | Sale | 6,805 | 31.2577 USD |
| USD 0.01 common | Sale | 7,567 | 30.9307 USD |
| USD 0.01 common | Sale | 8,585 | 30.9140 USD |
| USD 0.01 common | Sale | 9,102 | 30.8009 USD |
| USD 0.01 common | Sale | 9,380 | 30.6000 USD |
| USD 0.01 common | Sale | 9,775 | 30.8303 USD |
| USD 0.01 common | Sale | 12,481 | 30.9621 USD |
| USD 0.01 common | Sale | 20,381 | 30.9261 USD |
| USD 0.01 common | Sale | 21,840 | 30.8851 USD |
| USD 0.01 common | Sale | 40,887 | 30.9047 USD |
| USD 0.01 common | Sale | 41,927 | 30.6489 USD |
| USD 0.01 common | Sale | 52,523 | 30.8757 USD |
| USD 0.01 common | Sale | 221,404 | 30.7425 USD |
(b) Cash-settled derivative transactions
| Class of | Product | Nature of dealing | Number of | Price per |
| relevant | description | reference | unit | |
| security | securities | |||
| USD 0.01 common | SWAP | Long | 24,287 | 31.2404 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 |
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(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
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(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) |
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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
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(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
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(c) Attachments
| Is a Supplemental Form 8 (Open Positions) attached? | YES |
| Date of disclosure: | 14 Jan 2021 |
| Contact name: | Large Holdings Regulatory Operations |
| Telephone number: | 020 3134 7213 |
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.
*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.
The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.
SUPPLEMENTAL FORM 8 (OPEN POSITIONS)
DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.
Note 5(i) on Rule 8 of the Takeover Code (the “Code”)
1. KEY INFORMATION
| Identity of the person whose positions/dealings | Barclays PLC. |
| are being disclosed: | |
| Name of offeror/offeree in relation to whose | MGM RESORTS INTERNATIONAL |
| relevant securities this from relates: |
2. STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)
| Class | Product | Writing, | Number | Exercise | Type | Expiry |
| of | description | purchasing, | of | price | date | |
| relevant | selling, | securities | per unit | |||
| security |
| varying etc | to which |
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| USD 0.01 common | Call Options | Purchased | 10,500 | 20.0000 | American | 15 Jan 2021 |
| USD 0.01 common | Call Options | Purchased | 15,800 | 20.0000 | American | 21 Jan 2022 |
| USD 0.01 common | Call Options | Purchased | 99,800 | 15.0000 | American | 15 Jan 2021 |
| USD 0.01 common | Call Options | Purchased | 185,100 | 18.0000 | American | 15 Jan 2021 |
| USD 0.01 common | Call Options | Written | -244,000 | 23.0000 | American | 15 Jan 2021 |
| USD 0.01 common | Call Options | Written | -31,600 | 40.0000 | American | 21 Jan 2022 |
| USD 0.01 common | Put Options | Purchased | -120,000 | 27.0000 | American | 18 Jun 2021 |
| USD 0.01 common | Put Options | Purchased | -100,000 | 26.0000 | American | 19 Mar 2021 |
| USD 0.01 common | Put Options | Purchased | -99,400 | 20.0000 | American | 15 Jan 2021 |
| USD 0.01 common | Put Options | Purchased | -31,000 | 27.0000 | American | 15 Jan 2021 |
| USD 0.01 common | Put Options | Purchased | -5,700 | 5.0000 | American | 15 Jan 2021 |
| USD 0.01 common | Put Options | Purchased | -1,300 | 18.0000 | American | 18 Jun 2021 |
| USD 0.01 common | Put Options | Written | 120,000 | 20.0000 | American | 18 Jun 2021 |
| USD 0.01 common | Put Options | Written | 125,000 | 10.0000 | American | 15 Jan 2021 |
| USD 0.01 common | Put Options | Written | 200,000 | 35.0000 | American | 15 Jan 2021 |
| USD 0.01 common | Put Options | Written | 239,800 | 30.0000 | American | 15 Jan 2021 |
3. AGREEMENTS TO PURCHASE OR SELL ETC.
Full details should be given so that the nature of the interest or position can be fully understood: |
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It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.
The currency of all prices and other monetary amounts should be stated.
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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