Last checked at 11 Oct 2021 10:28
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: | 08 October 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- Draftkings Inc |
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 | PURCHASES | 314,695 | 21.5600 GBP | 21.3100 GBP |
EUR 0.01 ordinary | SALES | 428,281 | 21.5700 GBP | 21.2400 GBP |
EUR 0.01 ordinary | SALES | 100,000 | 29.0682 USD | 29.0682 USD |
EUR 0.01 ordinary | PURCHASES | 103,195 | 29.1717 USD | 29.0609 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 | increasing a long position | 36,586 | 21.3250 GBP |
EUR 0.01 ordinary | CFD | increasing a long position | 1,658 | 21.3372 GBP |
EUR 0.01 ordinary | CFD | increasing a long position | 18 | 21.3657 GBP |
EUR 0.01 ordinary | CFD | increasing a long position | 2,975 | 21.3717 GBP |
EUR 0.01 ordinary | CFD | increasing a long position | 20 | 21.4200 GBP |
EUR 0.01 ordinary | CFD | increasing a long position | 3,291 | 21.4258 GBP |
EUR 0.01 ordinary | CFD | increasing a long position | 327 | 21.5058 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 5,928 | 21.3200 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 1,741 | 21.3200 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 300 | 21.3200 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 12,000 | 21.3700 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 12,743 | 21.3794 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 85,840 | 21.3850 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 553 | 21.4095 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 13,147 | 21.4095 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 3,302 | 21.4271 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 55 | 21.4946 GBP |
EUR 0.01 ordinary | CFD | reducing a long position | 730 | 21.4015 GBP |
EUR 0.01 ordinary | CFD | reducing a long position | 33 | 21.4271 GBP |
EUR 0.01 ordinary | CFD | reducing a long position | 2,975 | 21.4311 GBP |
EUR 0.01 ordinary | CFD | reducing a long position | 36 | 21.4900 GBP |
EUR 0.01 ordinary | CFD | reducing a long position | 666 | 21.5000 GBP |
EUR 0.01 ordinary | CFD | reducing a long position | 327 | 21.5301 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 181 | 21.3200 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 99 | 21.3330 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 3,302 | 21.3657 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 300 | 21.3800 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 8,654 | 21.3885 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 452 | 21.3894 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 5,674 | 21.4047 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 101,337 | 21.4064 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 2,163 | 21.4064 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 879 | 21.4064 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 2,473 | 21.4064 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 1,676 | 21.4064 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 25,410 | 21.4064 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 145 | 21.4094 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 8,258 | 21.4275 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 3,826 | 21.4568 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 1,911 | 21.4568 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 5,932 | 21.4607 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 1,890 | 21.4607 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 1,250 | 21.4607 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 8,275 | 21.4607 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 3,887 | 21.4680 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 4,174 | 21.4693 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 2,089 | 21.4693 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 3,887 | 21.4726 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 4,670 | 21.4892 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 68 | 21.4900 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 85 | 21.4906 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 24 | 21.5058 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: | 11 October 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.