FORM 8.3 - MGM RESORTS INTERNATIONAL

LONDON--()-- 

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: 05 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
GVC HLDGS 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:

463,613

0.09%

423,639

0.09%

 

 

 

 

(2)

Cash-settled derivatives:

 

 

 

 

300,252

0.06%

0

0.00%

 

 

 

 

(3)

Stock-settled derivatives (including options)

 

 

 

 

and agreements to purchase/sell:

996,000

0.20%

633,000

0.13%

 

 

 

 

(4)

 

 

 

 

TOTAL:

1,759,865

0.36%

1,056,639

0.21%

 

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:

 

Details, including nature of the rights concerned and relevant percentages:

 

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

184

30.1426 USD

USD 0.01 common

Purchase

200

30.3950 USD

USD 0.01 common

Purchase

200

30.1600 USD

USD 0.01 common

Purchase

240

30.0950 USD

USD 0.01 common

Purchase

320

30.3093 USD

USD 0.01 common

Purchase

400

30.3775 USD

USD 0.01 common

Purchase

700

30.2457 USD

USD 0.01 common

Purchase

720

30.2566 USD

USD 0.01 common

Purchase

840

30.2664 USD

USD 0.01 common

Purchase

903

30.1309 USD

USD 0.01 common

Purchase

1,000

30.3580 USD

USD 0.01 common

Purchase

1,100

30.2654 USD

USD 0.01 common

Purchase

1,196

30.1977 USD

USD 0.01 common

Purchase

1,300

30.0542 USD

USD 0.01 common

Purchase

1,320

30.2934 USD

USD 0.01 common

Purchase

1,549

30.1133 USD

USD 0.01 common

Purchase

1,600

30.1181 USD

USD 0.01 common

Purchase

1,770

30.1323 USD

USD 0.01 common

Purchase

1,793

30.0990 USD

USD 0.01 common

Purchase

2,008

30.1459 USD

USD 0.01 common

Purchase

2,040

30.1761 USD

USD 0.01 common

Purchase

2,178

30.1651 USD

USD 0.01 common

Purchase

2,242

30.0917 USD

USD 0.01 common

Purchase

2,595

30.0790 USD

USD 0.01 common

Purchase

3,314

30.1701 USD

USD 0.01 common

Purchase

3,335

29.9692 USD

USD 0.01 common

Purchase

3,410

30.0469 USD

USD 0.01 common

Purchase

3,508

30.0677 USD

USD 0.01 common

Purchase

3,526

30.0704 USD

USD 0.01 common

Purchase

3,559

30.1262 USD

USD 0.01 common

Purchase

3,866

30.1011 USD

USD 0.01 common

Purchase

3,998

29.7895 USD

USD 0.01 common

Purchase

4,110

30.0762 USD

USD 0.01 common

Purchase

4,138

30.0394 USD

USD 0.01 common

Purchase

4,474

30.1141 USD

USD 0.01 common

Purchase

4,836

30.0812 USD

USD 0.01 common

Purchase

7,110

30.0366 USD

USD 0.01 common

Purchase

7,930

30.1083 USD

USD 0.01 common

Purchase

8,071

29.8157 USD

USD 0.01 common

Purchase

8,605

29.9926 USD

USD 0.01 common

Purchase

10,799

30.1321 USD

USD 0.01 common

Purchase

12,800

30.1090 USD

USD 0.01 common

Purchase

17,597

30.3600 USD

USD 0.01 common

Purchase

20,422

30.2758 USD

USD 0.01 common

Purchase

30,410

30.0652 USD

USD 0.01 common

Purchase

30,523

30.1342 USD

USD 0.01 common

Purchase

36,503

30.1167 USD

USD 0.01 common

Purchase

37,185

30.0629 USD

USD 0.01 common

Purchase

42,179

30.0726 USD

USD 0.01 common

Purchase

47,968

30.1504 USD

USD 0.01 common

Purchase

63,291

30.0479 USD

USD 0.01 common

Purchase

77,489

30.2249 USD

USD 0.01 common

Purchase

142,430

30.1080 USD

USD 0.01 common

Purchase

239,293

30.0756 USD

USD 0.01 common

Sale

100

30.4100 USD

USD 0.01 common

Sale

100

30.0100 USD

USD 0.01 common

Sale

200

30.3500 USD

USD 0.01 common

Sale

200

30.3450 USD

USD 0.01 common

Sale

200

30.3075 USD

USD 0.01 common

Sale

200

29.9950 USD

USD 0.01 common

Sale

400

30.4050 USD

USD 0.01 common

Sale

400

30.3800 USD

USD 0.01 common

Sale

400

30.3700 USD

USD 0.01 common

Sale

532

30.2647 USD

USD 0.01 common

Sale

833

30.0939 USD

USD 0.01 common

Sale

1,320

30.2934 USD

USD 0.01 common

Sale

1,400

29.9985 USD

USD 0.01 common

Sale

1,587

29.9435 USD

USD 0.01 common

Sale

1,700

29.9270 USD

USD 0.01 common

Sale

2,202

30.0188 USD

USD 0.01 common

Sale

2,409

29.9889 USD

USD 0.01 common

Sale

2,900

29.9905 USD

USD 0.01 common

Sale

3,053

29.9927 USD

USD 0.01 common

Sale

3,259

29.9806 USD

USD 0.01 common

Sale

3,360

29.9828 USD

USD 0.01 common

Sale

3,500

30.2918 USD

USD 0.01 common

Sale

3,655

30.2926 USD

USD 0.01 common

Sale

4,663

29.5200 USD

USD 0.01 common

Sale

5,001

29.8950 USD

USD 0.01 common

Sale

6,200

30.0732 USD

USD 0.01 common

Sale

6,545

29.9800 USD

USD 0.01 common

Sale

7,538

30.3714 USD

USD 0.01 common

Sale

8,477

30.0004 USD

USD 0.01 common

Sale

8,680

30.1761 USD

USD 0.01 common

Sale

11,090

29.9836 USD

USD 0.01 common

Sale

12,180

30.1838 USD

USD 0.01 common

Sale

17,392

30.3643 USD

USD 0.01 common

Sale

18,921

30.2753 USD

USD 0.01 common

Sale

19,354

30.1699 USD

USD 0.01 common

Sale

19,696

30.1775 USD

USD 0.01 common

Sale

20,682

30.3600 USD

USD 0.01 common

Sale

33,128

30.0597 USD

USD 0.01 common

Sale

34,475

30.0814 USD

USD 0.01 common

Sale

37,247

30.1679 USD

USD 0.01 common

Sale

67,253

30.1171 USD

USD 0.01 common

Sale

525,519

30.0912 USD

(b) Cash-settled derivative transactions

Class of Product Nature of dealing Number of Price per
relevant description reference unit
security securities

USD 0.01 common

SWAP

Long

52,900

29.9669 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

 

 

 

 

 

 

 

 

(ii) Exercise

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

 

 

 

 

 

 

(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)

 

 

 

 

 

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

 

(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

 

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached? YES
Date of disclosure: 6 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:

 

 

 

 

 

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.

Category Code: RET
Sequence Number: 726260
Time of Receipt (offset from UTC): 20210106T150706+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC