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Entain PLC

Morgan Stanley & Co. - Form 8.5 (EPT/RI) - Replacement of Entain plc

RNS Number : 6488M
Morgan Stanley & Co. Int'l plc
22 January 2021
 

AMENDMENT(2(a), 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 & 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:

19 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

6,716,687

14.1400 GBP

11.4000 GBP

EUR 0.01 ordinary

PURCHASES

7,478,802

14.1500 GBP

11.4000 GBP

EUR 0.01 ordinary

PURCHASES

1,099

15.6000 EUR

13.4550 EUR

EUR 0.01 ordinary

SALES

1,099

15.6000 EUR

13.4550 EUR

EUR 0.01 ordinary

PURCHASES

735,000

16.4423 USD

16.2921 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

LONG

94,343

11.5025 GBP

EUR 0.01 ordinary

CFD

LONG

2,984

11.5025 GBP

EUR 0.01 ordinary

CFD

LONG

35,995

11.5025 GBP

EUR 0.01 ordinary

CFD

LONG

19,442

11.5025 GBP

EUR 0.01 ordinary

CFD

LONG

5,097

11.5025 GBP

EUR 0.01 ordinary

CFD

LONG

15,000

11.5592 GBP

EUR 0.01 ordinary

CFD

LONG

10,000

11.5592 GBP

EUR 0.01 ordinary

CFD

LONG

4,303

11.5942 GBP

EUR 0.01 ordinary

CFD

LONG

7,500

11.6493 GBP

EUR 0.01 ordinary

CFD

LONG

7,500

11.6493 GBP

EUR 0.01 ordinary

CFD

LONG

50,000

11.7300 GBP

EUR 0.01 ordinary

CFD

LONG

9,609

11.8880 GBP

EUR 0.01 ordinary

CFD

LONG

1,361

11.8880 GBP

EUR 0.01 ordinary

CFD

LONG

796

11.8880 GBP

EUR 0.01 ordinary

CFD

LONG

25,183

11.8880 GBP

EUR 0.01 ordinary

CFD

LONG

5,190

11.8880 GBP

EUR 0.01 ordinary

CFD

LONG

61,414

11.9371 GBP

EUR 0.01 ordinary

CFD

LONG

35,000

12.0636 GBP

EUR 0.01 ordinary

CFD

LONG

15,000

12.0879 GBP

EUR 0.01 ordinary

CFD

LONG

7,639

12.0909 GBP

EUR 0.01 ordinary

CFD

LONG

1,300

12.0909 GBP

EUR 0.01 ordinary

CFD

LONG

10,732

12.0909 GBP

EUR 0.01 ordinary

CFD

LONG

299

12.0909 GBP

EUR 0.01 ordinary

CFD

LONG

1,769

12.0909 GBP

EUR 0.01 ordinary

CFD

LONG

8,618

12.0909 GBP

EUR 0.01 ordinary

CFD

LONG

2,029

12.1101 GBP

EUR 0.01 ordinary

CFD

LONG

20,589

12.1101 GBP

EUR 0.01 ordinary

CFD

LONG

537

12.1101 GBP

EUR 0.01 ordinary

CFD

LONG

25,821

12.1101 GBP

EUR 0.01 ordinary

CFD

LONG

11,046

12.1101 GBP

EUR 0.01 ordinary

CFD

LONG

5,846

12.1101 GBP

EUR 0.01 ordinary

CFD

LONG

4,695

12.1101 GBP

EUR 0.01 ordinary

CFD

LONG

30,669

12.1101 GBP

EUR 0.01 ordinary

CFD

LONG

50,027

12.1387 GBP

EUR 0.01 ordinary

CFD

LONG

83,102

12.1755 GBP

EUR 0.01 ordinary

CFD

LONG

100,000

12.2333 GBP

EUR 0.01 ordinary

CFD

LONG

1,303

12.2378 GBP

EUR 0.01 ordinary

CFD

LONG

1,682

12.2378 GBP

EUR 0.01 ordinary

CFD

LONG

9,010

12.2378 GBP

EUR 0.01 ordinary

CFD

LONG

68,412

12.2378 GBP

EUR 0.01 ordinary

CFD

LONG

635

12.2378 GBP

EUR 0.01 ordinary

CFD

LONG

11,401

12.2482 GBP

EUR 0.01 ordinary

CFD

LONG

29,882

12.2482 GBP

EUR 0.01 ordinary

CFD

LONG

945

12.2482 GBP

EUR 0.01 ordinary

CFD

LONG

1,614

12.2482 GBP

EUR 0.01 ordinary

CFD

LONG

6,158

12.2482 GBP

EUR 0.01 ordinary

CFD

LONG

82,300

12.2524 GBP

EUR 0.01 ordinary

CFD

LONG

202,605

12.2602 GBP

EUR 0.01 ordinary

CFD

LONG

114,228

12.2602 GBP

EUR 0.01 ordinary

CFD

LONG

245,310

12.2602 GBP

EUR 0.01 ordinary

CFD

LONG

10,000

12.2700 GBP

EUR 0.01 ordinary

CFD

LONG

1,200

12.2963 GBP

EUR 0.01 ordinary

CFD

LONG

3,722

12.3326 GBP

EUR 0.01 ordinary

CFD

LONG

843

12.3326 GBP

EUR 0.01 ordinary

CFD

LONG

2,967

12.3326 GBP

EUR 0.01 ordinary

CFD

LONG

288

12.3326 GBP

EUR 0.01 ordinary

CFD

LONG

4,161

12.3326 GBP

EUR 0.01 ordinary

CFD

LONG

1,593

12.3326 GBP

EUR 0.01 ordinary

CFD

LONG

678

12.3326 GBP

EUR 0.01 ordinary

CFD

LONG

78

12.3326 GBP

EUR 0.01 ordinary

CFD

LONG

386

12.4308 GBP

EUR 0.01 ordinary

CFD

LONG

10,161

12.4319 GBP

EUR 0.01 ordinary

CFD

LONG

70,161

12.4319 GBP

EUR 0.01 ordinary

CFD

LONG

4,437

12.4319 GBP

EUR 0.01 ordinary

CFD

LONG

20,573

12.4319 GBP

EUR 0.01 ordinary

CFD

LONG

5,321

12.4319 GBP

EUR 0.01 ordinary

CFD

LONG

64,906

12.4319 GBP

EUR 0.01 ordinary

CFD

LONG

1,441

12.4319 GBP

EUR 0.01 ordinary

CFD

LONG

11,401

12.4436 GBP

EUR 0.01 ordinary

CFD

LONG

29,881

12.4436 GBP

EUR 0.01 ordinary

CFD

LONG

6,158

12.4436 GBP

EUR 0.01 ordinary

CFD

LONG

1,615

12.4436 GBP

EUR 0.01 ordinary

CFD

LONG

945

12.4436 GBP

EUR 0.01 ordinary

CFD

LONG

8,605

12.4438 GBP

EUR 0.01 ordinary

CFD

LONG

18,048

12.4466 GBP

EUR 0.01 ordinary

CFD

LONG

24,475

12.4466 GBP

EUR 0.01 ordinary

CFD

LONG

60,045

12.4466 GBP

EUR 0.01 ordinary

CFD

LONG

17,432

12.4466 GBP

EUR 0.01 ordinary

CFD

LONG

40,571

12.4500 GBP

EUR 0.01 ordinary

CFD

LONG

1,474

12.4500 GBP

EUR 0.01 ordinary

CFD

LONG

17,444

12.7817 GBP

EUR 0.01 ordinary

CFD

LONG

30,000

13.0057 GBP

EUR 0.01 ordinary

CFD

LONG

517

13.0358 GBP

EUR 0.01 ordinary

CFD

LONG

6,700

13.1378 GBP

EUR 0.01 ordinary

CFD

LONG

3,300

13.1378 GBP

EUR 0.01 ordinary

CFD

LONG

2,328

13.5067 GBP

EUR 0.01 ordinary

CFD

LONG

115,789

13.7832 GBP

EUR 0.01 ordinary

CFD

LONG

43

14.0250 GBP

EUR 0.01 ordinary

CFD

LONG

24

14.0317 GBP

EUR 0.01 ordinary

CFD

LONG

271

14.0321 GBP

EUR 0.01 ordinary

CFD

LONG

272

14.0321 GBP

EUR 0.01 ordinary

CFD

LONG

728

14.0449 GBP

EUR 0.01 ordinary

CFD

LONG

729

14.0450 GBP

EUR 0.01 ordinary

CFD

LONG

10

14.0640 GBP

EUR 0.01 ordinary

CFD

LONG

601

14.0720 GBP

EUR 0.01 ordinary

CFD

LONG

375

14.0890 GBP

EUR 0.01 ordinary

CFD

LONG

996

14.1019 GBP

EUR 0.01 ordinary

CFD

LONG

205

14.1040 GBP

EUR 0.01 ordinary

CFD

LONG

400

14.1057 GBP

EUR 0.01 ordinary

CFD

LONG

209

14.1100 GBP

EUR 0.01 ordinary

CFD

LONG

313

14.1137 GBP

EUR 0.01 ordinary

CFD

SHORT

20,000

11.5000 GBP

EUR 0.01 ordinary

CFD

SHORT

7,500

11.5833 GBP

EUR 0.01 ordinary

CFD

SHORT

7,500

11.5833 GBP

EUR 0.01 ordinary

CFD

SHORT

15,000

11.6901 GBP

EUR 0.01 ordinary

CFD

SHORT

6,868

11.7067 GBP

EUR 0.01 ordinary

CFD

SHORT

15,000

11.7175 GBP

EUR 0.01 ordinary

CFD

SHORT

75,000

11.7294 GBP

EUR 0.01 ordinary

CFD

SHORT

8,932

11.7472 GBP

EUR 0.01 ordinary

CFD

SHORT

10,069

11.7472 GBP

EUR 0.01 ordinary

CFD

SHORT

46,402

11.7472 GBP

EUR 0.01 ordinary

CFD

SHORT

590

11.7472 GBP

EUR 0.01 ordinary

CFD

SHORT

26,932

11.7472 GBP

EUR 0.01 ordinary

CFD

SHORT

56,580

11.7472 GBP

EUR 0.01 ordinary

CFD

SHORT

40,000

11.7575 GBP

EUR 0.01 ordinary

CFD

SHORT

2,781

11.7587 GBP

EUR 0.01 ordinary

CFD

SHORT

638

11.7618 GBP

EUR 0.01 ordinary

CFD

SHORT

9,014

11.7618 GBP

EUR 0.01 ordinary

CFD

SHORT

1,298

11.7618 GBP

EUR 0.01 ordinary

CFD

SHORT

68,412

11.7618 GBP

EUR 0.01 ordinary

CFD

SHORT

1,686

11.7618 GBP

EUR 0.01 ordinary

CFD

SHORT

3,300

11.7809 GBP

EUR 0.01 ordinary

CFD

SHORT

44,869

11.8571 GBP

EUR 0.01 ordinary

CFD

SHORT

252,126

11.8571 GBP

EUR 0.01 ordinary

CFD

SHORT

2,632

11.8571 GBP

EUR 0.01 ordinary

CFD

SHORT

39,804

11.8571 GBP

EUR 0.01 ordinary

CFD

SHORT

206,769

11.8571 GBP

EUR 0.01 ordinary

CFD

SHORT

120,013

11.8571 GBP

EUR 0.01 ordinary

CFD

SHORT

666,213

11.8571 GBP

EUR 0.01 ordinary

CFD

SHORT

16,841

11.8732 GBP

EUR 0.01 ordinary

CFD

SHORT

50,779

11.8732 GBP

EUR 0.01 ordinary

CFD

SHORT

18,984

11.8732 GBP

EUR 0.01 ordinary

CFD

SHORT

87,487

11.8732 GBP

EUR 0.01 ordinary

CFD

SHORT

106,678

11.8732 GBP

EUR 0.01 ordinary

CFD

SHORT

1,114

11.8732 GBP

EUR 0.01 ordinary

CFD

SHORT

87,971

11.8738 GBP

EUR 0.01 ordinary

CFD

SHORT

32,889

11.8738 GBP

EUR 0.01 ordinary

CFD

SHORT

1,929

11.8738 GBP

EUR 0.01 ordinary

CFD

SHORT

151,564

11.8738 GBP

EUR 0.01 ordinary

CFD

SHORT

29,177

11.8738 GBP

EUR 0.01 ordinary

CFD

SHORT

184,811

11.8738 GBP

EUR 0.01 ordinary

CFD

SHORT

34

11.9138 GBP

EUR 0.01 ordinary

CFD

SHORT

37,969

11.9694 GBP

EUR 0.01 ordinary

CFD

SHORT

33,684

11.9694 GBP

EUR 0.01 ordinary

CFD

SHORT

213,355

11.9694 GBP

EUR 0.01 ordinary

CFD

SHORT

101,558

11.9694 GBP

EUR 0.01 ordinary

CFD

SHORT

174,974

11.9694 GBP

EUR 0.01 ordinary

CFD

SHORT

2,227

11.9694 GBP

EUR 0.01 ordinary

CFD

SHORT

735,000

11.9807 GBP

EUR 0.01 ordinary

CFD

SHORT

350

11.9810 GBP

EUR 0.01 ordinary

CFD

SHORT

16,076

11.9847 GBP

EUR 0.01 ordinary

CFD

SHORT

8,984

12.0457 GBP

EUR 0.01 ordinary

CFD

SHORT

66,722

12.0934 GBP

EUR 0.01 ordinary

CFD

SHORT

1,565

12.1528 GBP

EUR 0.01 ordinary

CFD

SHORT

1,684

12.1538 GBP

EUR 0.01 ordinary

CFD

SHORT

2,085

12.1561 GBP

EUR 0.01 ordinary

CFD

SHORT

666

12.1788 GBP

EUR 0.01 ordinary

CFD

SHORT

541

12.1917 GBP

EUR 0.01 ordinary

CFD

SHORT

1,100

12.2459 GBP

EUR 0.01 ordinary

CFD

SHORT

280,000

12.2474 GBP

EUR 0.01 ordinary

CFD

SHORT

36,062

12.2784 GBP

EUR 0.01 ordinary

CFD

SHORT

6,291

12.2960 GBP

EUR 0.01 ordinary

CFD

SHORT

1,168

12.3046 GBP

EUR 0.01 ordinary

CFD

SHORT

4,503

12.3242 GBP

EUR 0.01 ordinary

CFD

SHORT

117

12.3242 GBP

EUR 0.01 ordinary

CFD

SHORT

5,645

12.3242 GBP

EUR 0.01 ordinary

CFD

SHORT

454

12.3242 GBP

EUR 0.01 ordinary

CFD

SHORT

13,414

12.3242 GBP

EUR 0.01 ordinary

CFD

SHORT

2,416

12.3242 GBP

EUR 0.01 ordinary

CFD

SHORT

1,280

12.3242 GBP

EUR 0.01 ordinary

CFD

SHORT

1,019

12.3242 GBP

EUR 0.01 ordinary

CFD

SHORT

58,000

12.3343 GBP

EUR 0.01 ordinary

CFD

SHORT

5,849

12.4301 GBP

EUR 0.01 ordinary

CFD

SHORT

3,772

12.4500 GBP

EUR 0.01 ordinary

CFD

SHORT

595

12.4500 GBP

EUR 0.01 ordinary

CFD

SHORT

386

12.4500 GBP

EUR 0.01 ordinary

CFD

SHORT

115,789

12.5330 GBP

EUR 0.01 ordinary

CFD

SHORT

230

12.5406 GBP

EUR 0.01 ordinary

CFD

SHORT

2,650

12.5885 GBP

EUR 0.01 ordinary

CFD

SHORT

5,929

12.5885 GBP

EUR 0.01 ordinary

CFD

SHORT

17,444

12.6869 GBP

EUR 0.01 ordinary

CFD

SHORT

22,802

13.1950 GBP

EUR 0.01 ordinary

CFD

SHORT

12,316

13.1950 GBP

EUR 0.01 ordinary

CFD

SHORT

3,229

13.1950 GBP

EUR 0.01 ordinary

CFD

SHORT

1,890

13.1950 GBP

EUR 0.01 ordinary

CFD

SHORT

59,763

13.1950 GBP

EUR 0.01 ordinary

CFD

SHORT

589

13.2500 GBP

EUR 0.01 ordinary

CFD

SHORT

9,932

13.8569 GBP

EUR 0.01 ordinary

CFD

SHORT

68

14.0582 GBP

EUR 0.01 ordinary

CFD

SHORT

7,958

14.0711 GBP

EUR 0.01 ordinary

CFD

SHORT

7,169

14.0731 GBP

EUR 0.01 ordinary

CFD

SHORT

6,003

14.1044 GBP

EUR 0.01 ordinary

CFD

SHORT

6,262

14.1044 GBP

EUR 0.01 ordinary

CFD

SHORT

1

14.1200 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:

22 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.

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