Last checked at 19 Jan 2021 11:15
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: | 18 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 | 300,734 | 14.1725 GBP | 13.9850 GBP |
EUR 0.01 ordinary | PURCHASES | 298,070 | 14.1950 GBP | 13.9850 GBP |
EUR 0.01 ordinary | PURCHASES | 1 | 15.2400 EUR | 15.2400 EUR |
EUR 0.01 ordinary | SALES | 1 | 15.2400 EUR | 15.2400 EUR |
(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 | 119 | 14.0077 GBP |
EUR 0.01 ordinary | CFD | LONG | 1,476 | 14.0197 GBP |
EUR 0.01 ordinary | CFD | LONG | 1,215 | 14.0198 GBP |
EUR 0.01 ordinary | CFD | LONG | 414 | 14.0200 GBP |
EUR 0.01 ordinary | CFD | LONG | 4,084 | 14.0280 GBP |
EUR 0.01 ordinary | CFD | LONG | 225 | 14.0317 GBP |
EUR 0.01 ordinary | CFD | LONG | 67 | 14.0431 GBP |
EUR 0.01 ordinary | CFD | LONG | 61 | 14.0433 GBP |
EUR 0.01 ordinary | CFD | LONG | 1,400 | 14.0476 GBP |
EUR 0.01 ordinary | CFD | LONG | 844 | 14.0487 GBP |
EUR 0.01 ordinary | CFD | LONG | 69 | 14.0490 GBP |
EUR 0.01 ordinary | CFD | LONG | 1,667 | 14.0527 GBP |
EUR 0.01 ordinary | CFD | LONG | 18 | 14.0539 GBP |
EUR 0.01 ordinary | CFD | LONG | 48 | 14.0540 GBP |
EUR 0.01 ordinary | CFD | LONG | 77 | 14.0558 GBP |
EUR 0.01 ordinary | CFD | LONG | 216 | 14.0562 GBP |
EUR 0.01 ordinary | CFD | LONG | 982 | 14.1002 GBP |
EUR 0.01 ordinary | CFD | LONG | 123 | 14.1032 GBP |
EUR 0.01 ordinary | CFD | LONG | 8,077 | 14.1091 GBP |
EUR 0.01 ordinary | CFD | LONG | 905 | 14.1091 GBP |
EUR 0.01 ordinary | CFD | LONG | 3,838 | 14.1091 GBP |
EUR 0.01 ordinary | CFD | LONG | 95,617 | 14.1092 GBP |
EUR 0.01 ordinary | CFD | LONG | 7,291 | 14.1257 GBP |
EUR 0.01 ordinary | CFD | LONG | 5,541 | 14.1303 GBP |
EUR 0.01 ordinary | CFD | LONG | 4,277 | 14.1334 GBP |
EUR 0.01 ordinary | CFD | LONG | 1,131 | 14.1350 GBP |
EUR 0.01 ordinary | CFD | LONG | 588 | 14.1350 GBP |
EUR 0.01 ordinary | CFD | LONG | 3,544 | 14.1405 GBP |
EUR 0.01 ordinary | CFD | LONG | 330 | 14.1409 GBP |
EUR 0.01 ordinary | CFD | SHORT | 4,712 | 14.0399 GBP |
EUR 0.01 ordinary | CFD | SHORT | 10,585 | 14.0504 GBP |
EUR 0.01 ordinary | CFD | SHORT | 2,483 | 14.0688 GBP |
EUR 0.01 ordinary | CFD | SHORT | 200 | 14.0700 GBP |
EUR 0.01 ordinary | CFD | SHORT | 376 | 14.0700 GBP |
EUR 0.01 ordinary | CFD | SHORT | 6,934 | 14.0794 GBP |
EUR 0.01 ordinary | CFD | SHORT | 5,249 | 14.0833 GBP |
EUR 0.01 ordinary | CFD | SHORT | 4,924 | 14.0945 GBP |
EUR 0.01 ordinary | CFD | SHORT | 7,168 | 14.1314 GBP |
EUR 0.01 ordinary | CFD | SHORT | 4,361 | 14.1326 GBP |
EUR 0.01 ordinary | CFD | SHORT | 2,695 | 14.1350 GBP |
EUR 0.01 ordinary | CFD | SHORT | 3,379 | 14.1364 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: | 19 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.