Information  X 
Enter a valid email address
  Print          More announcements

Wednesday 06 January, 2021

Morgan Stanley Cap

Form 8.5 (EPT/RI)-Replacement of MGM Resorts

RNS Number : 8052K
Morgan Stanley Capital Services LLC
06 January 2021
 

AMENDMENT(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 Capital Services LLC

(b) Name of offeror/offeree in relation to whose relevant securities this form relates:

  Use a separate form for each offeror/offeree

MGM Resorts International

(c) Name of the party to the offer with which exempt principal trader is connected:

Entain plc

(d) Date dealing undertaken:

04 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- Entain plc

 

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

USD 0.01 common

PURCHASES

34,456

32.0700 USD

29.6100 USD

USD 0.01 common

SALES

92,965

32.2800 USD

29.6300 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

USD 0.01 common

CFD

LONG

132,239

29.7000 USD

USD 0.01 common

CFD

LONG

10,917

29.7000 USD

USD 0.01 common

CFD

LONG

1,372,261

29.7000 USD

USD 0.01 common

CFD

LONG

1,162

29.7000 USD

USD 0.01 common

CFD

LONG

7

29.7000 USD

USD 0.01 common

CFD

LONG

7

29.7000 USD

USD 0.01 common

CFD

LONG

18,484

29.7000 USD

USD 0.01 common

CFD

LONG

5,516

29.7000 USD

USD 0.01 common

CFD

LONG

10,917

29.7000 USD

USD 0.01 common

CFD

LONG

7

29.7000 USD

USD 0.01 common

CFD

LONG

383,735

29.7000 USD

USD 0.01 common

CFD

LONG

151,513

29.7000 USD

USD 0.01 common

CFD

LONG

7

29.7000 USD

USD 0.01 common

CFD

LONG

3

29.7000 USD

USD 0.01 common

CFD

LONG

31

29.7000 USD

USD 0.01 common

CFD

LONG

4,200

29.9293 USD

USD 0.01 common

CFD

LONG

300

29.9293 USD

USD 0.01 common

CFD

LONG

215

29.9530 USD

USD 0.01 common

CFD

LONG

49,774

30.0322 USD

USD 0.01 common

CFD

LONG

500

30.1242 USD

USD 0.01 common

CFD

LONG

962

30.1766 USD

USD 0.01 common

CFD

LONG

212

30.2642 USD

USD 0.01 common

CFD

LONG

10,625

30.2869 USD

USD 0.01 common

CFD

LONG

100

30.3300 USD

USD 0.01 common

CFD

LONG

1,200

30.5467 USD

USD 0.01 common

CFD

LONG

300

31.2733 USD

USD 0.01 common

CFD

LONG

7

31.5100 USD

USD 0.01 common

CFD

LONG

1,655,731

31.5100 USD

USD 0.01 common

CFD

LONG

7

31.5100 USD

USD 0.01 common

CFD

LONG

7

31.5100 USD

USD 0.01 common

CFD

LONG

5,516

31.5100 USD

USD 0.01 common

CFD

LONG

151,513

31.5100 USD

USD 0.01 common

CFD

LONG

3

31.5100 USD

USD 0.01 common

CFD

LONG

1,372,261

31.5100 USD

USD 0.01 common

CFD

LONG

383,735

31.5100 USD

USD 0.01 common

CFD

LONG

132,239

31.5100 USD

USD 0.01 common

CFD

LONG

18,484

31.5100 USD

USD 0.01 common

CFD

LONG

7

31.5100 USD

USD 0.01 common

CFD

LONG

100

31.5200 USD

USD 0.01 common

CFD

LONG

57

31.6900 USD

USD 0.01 common

CFD

SHORT

18,484

29.7000 USD

USD 0.01 common

CFD

SHORT

5,516

29.7000 USD

USD 0.01 common

CFD

SHORT

7

29.7000 USD

USD 0.01 common

CFD

SHORT

7

29.7000 USD

USD 0.01 common

CFD

SHORT

7

29.7000 USD

USD 0.01 common

CFD

SHORT

3

29.7000 USD

USD 0.01 common

CFD

SHORT

1,372,261

29.7000 USD

USD 0.01 common

CFD

SHORT

132,239

29.7000 USD

USD 0.01 common

CFD

SHORT

151,513

29.7000 USD

USD 0.01 common

CFD

SHORT

7

29.7000 USD

USD 0.01 common

CFD

SHORT

300

29.7000 USD

USD 0.01 common

CFD

SHORT

383,735

29.7000 USD

USD 0.01 common

CFD

SHORT

3,945

29.7429 USD

USD 0.01 common

CFD

SHORT

948

29.7713 USD

USD 0.01 common

CFD

SHORT

12,800

29.7986 USD

USD 0.01 common

CFD

SHORT

1,100

29.8350 USD

USD 0.01 common

CFD

SHORT

1,100

29.8350 USD

USD 0.01 common

CFD

SHORT

100

29.9600 USD

USD 0.01 common

CFD

SHORT

13,329

29.9711 USD

USD 0.01 common

CFD

SHORT

640

29.9900 USD

USD 0.01 common

CFD

SHORT

100

30.0250 USD

USD 0.01 common

CFD

SHORT

1,094

30.6120 USD

USD 0.01 common

CFD

SHORT

100

30.7100 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

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:

06 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 .

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
FERDKABDNBKDADK

a d v e r t i s e m e n t