Last checked at 5 Jan 2021 14:48
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: | 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: | 04 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 | ||||
| and/or controlled: | 461,425 | 0.09% | 446,227 | 0.09% | |
(2) | Cash-settled derivatives: | ||||
307,452 | 0.06% | 0 | 0.00% | ||
(3) | Stock-settled derivatives (including options) | ||||
| and agreements to purchase/sell: | 996,000 | 0.20% | 633,000 | 0.13% | |
| TOTAL: | 1,764,877 | 0.36% | 1,079,227 | 0.22% | |
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 | 32.1500 USD |
USD 0.01 common | Purchase | 44 | 29.6100 USD |
USD 0.01 common | Purchase | 52 | 31.7050 USD |
USD 0.01 common | Purchase | 100 | 29.7100 USD |
USD 0.01 common | Purchase | 100 | 29.6200 USD |
USD 0.01 common | Purchase | 100 | 29.8600 USD |
USD 0.01 common | Purchase | 104 | 29.6344 USD |
USD 0.01 common | Purchase | 200 | 29.6750 USD |
USD 0.01 common | Purchase | 297 | 29.6300 USD |
USD 0.01 common | Purchase | 339 | 30.1413 USD |
USD 0.01 common | Purchase | 377 | 30.5531 USD |
USD 0.01 common | Purchase | 400 | 30.1212 USD |
USD 0.01 common | Purchase | 438 | 30.0550 USD |
USD 0.01 common | Purchase | 535 | 30.1884 USD |
USD 0.01 common | Purchase | 600 | 29.6675 USD |
USD 0.01 common | Purchase | 865 | 30.1250 USD |
USD 0.01 common | Purchase | 900 | 29.6900 USD |
USD 0.01 common | Purchase | 1,335 | 30.1218 USD |
USD 0.01 common | Purchase | 1,756 | 30.1279 USD |
USD 0.01 common | Purchase | 2,000 | 30.1295 USD |
USD 0.01 common | Purchase | 2,200 | 30.0861 USD |
USD 0.01 common | Purchase | 2,223 | 30.5046 USD |
USD 0.01 common | Purchase | 2,737 | 30.1046 USD |
USD 0.01 common | Purchase | 3,200 | 30.0753 USD |
USD 0.01 common | Purchase | 9,339 | 30.0145 USD |
USD 0.01 common | Purchase | 10,618 | 30.3538 USD |
USD 0.01 common | Purchase | 16,041 | 30.3133 USD |
USD 0.01 common | Purchase | 18,424 | 31.6900 USD |
USD 0.01 common | Purchase | 18,444 | 29.9622 USD |
USD 0.01 common | Purchase | 24,728 | 30.1199 USD |
USD 0.01 common | Purchase | 62,479 | 29.7000 USD |
USD 0.01 common | Purchase | 64,846 | 30.3514 USD |
USD 0.01 common | Purchase | 80,590 | 30.2660 USD |
USD 0.01 common | Purchase | 163,423 | 30.0312 USD |
USD 0.01 common | Purchase | 164,858 | 30.0386 USD |
USD 0.01 common | Purchase | 213,395 | 30.4800 USD |
USD 0.01 common | Sale | 8 | 30.0062 USD |
USD 0.01 common | Sale | 24 | 29.7750 USD |
USD 0.01 common | Sale | 32 | 29.6000 USD |
USD 0.01 common | Sale | 44 | 29.6100 USD |
USD 0.01 common | Sale | 97 | 29.6300 USD |
USD 0.01 common | Sale | 97 | 29.7300 USD |
USD 0.01 common | Sale | 100 | 30.0900 USD |
USD 0.01 common | Sale | 107 | 29.6750 USD |
USD 0.01 common | Sale | 128 | 29.7200 USD |
USD 0.01 common | Sale | 163 | 29.7895 USD |
USD 0.01 common | Sale | 164 | 29.6740 USD |
USD 0.01 common | Sale | 203 | 30.2944 USD |
USD 0.01 common | Sale | 300 | 29.9000 USD |
USD 0.01 common | Sale | 300 | 30.2166 USD |
USD 0.01 common | Sale | 300 | 30.2500 USD |
USD 0.01 common | Sale | 400 | 30.2700 USD |
USD 0.01 common | Sale | 400 | 30.2712 USD |
USD 0.01 common | Sale | 416 | 29.6746 USD |
USD 0.01 common | Sale | 438 | 30.0550 USD |
USD 0.01 common | Sale | 438 | 30.2900 USD |
USD 0.01 common | Sale | 500 | 30.2850 USD |
USD 0.01 common | Sale | 600 | 29.6983 USD |
USD 0.01 common | Sale | 900 | 29.6900 USD |
USD 0.01 common | Sale | 1,100 | 29.7181 USD |
USD 0.01 common | Sale | 2,484 | 30.0807 USD |
USD 0.01 common | Sale | 2,488 | 30.0953 USD |
USD 0.01 common | Sale | 2,517 | 30.1104 USD |
USD 0.01 common | Sale | 2,600 | 30.1228 USD |
USD 0.01 common | Sale | 2,940 | 30.0511 USD |
USD 0.01 common | Sale | 3,500 | 30.0420 USD |
USD 0.01 common | Sale | 5,944 | 30.0963 USD |
USD 0.01 common | Sale | 6,576 | 30.1701 USD |
USD 0.01 common | Sale | 6,603 | 30.1285 USD |
USD 0.01 common | Sale | 10,390 | 29.7295 USD |
USD 0.01 common | Sale | 18,980 | 31.6312 USD |
USD 0.01 common | Sale | 26,467 | 30.0042 USD |
USD 0.01 common | Sale | 28,680 | 30.5897 USD |
USD 0.01 common | Sale | 31,186 | 30.2112 USD |
USD 0.01 common | Sale | 47,796 | 30.3068 USD |
USD 0.01 common | Sale | 53,351 | 30.5108 USD |
USD 0.01 common | Sale | 58,019 | 30.3644 USD |
USD 0.01 common | Sale | 60,863 | 29.7000 USD |
USD 0.01 common | Sale | 115,320 | 30.4952 USD |
USD 0.01 common | Sale | 372,078 | 30.0734 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 |
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(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: | 5 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 | ||||
| option | ||||||
| relates | ||||||
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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