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:

06 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:

446,356

0.09%

445,746

0.09%

 

(2)

Cash-settled derivatives:

335,406

0.07%

0

0.00%

 

(3)

Stock-settled derivatives (including options)
and agreements to purchase/sell:

996,000

0.20%

633,000

0.13%

 
 
TOTAL:

1,777,762

0.36%

1,078,746

0.22%

 

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

7

31.0857 USD

USD 0.01 common

Purchase

7

31.0514 USD

USD 0.01 common

Purchase

9

31.0777 USD

USD 0.01 common

Purchase

12

31.6300 USD

USD 0.01 common

Purchase

27

31.0944 USD

USD 0.01 common

Purchase

32

31.1850 USD

USD 0.01 common

Purchase

98

31.0100 USD

USD 0.01 common

Purchase

100

31.6350 USD

USD 0.01 common

Purchase

100

31.1000 USD

USD 0.01 common

Purchase

100

30.9100 USD

USD 0.01 common

Purchase

103

31.0575 USD

USD 0.01 common

Purchase

107

31.5678 USD

USD 0.01 common

Purchase

128

31.0862 USD

USD 0.01 common

Purchase

128

31.1425 USD

USD 0.01 common

Purchase

131

30.7616 USD

USD 0.01 common

Purchase

140

31.0395 USD

USD 0.01 common

Purchase

140

31.0603 USD

USD 0.01 common

Purchase

142

31.0739 USD

USD 0.01 common

Purchase

192

31.1225 USD

USD 0.01 common

Purchase

352

31.1495 USD

USD 0.01 common

Purchase

388

31.1112 USD

USD 0.01 common

Purchase

510

31.1591 USD

USD 0.01 common

Purchase

600

30.9958 USD

USD 0.01 common

Purchase

652

31.1151 USD

USD 0.01 common

Purchase

801

31.0597 USD

USD 0.01 common

Purchase

891

31.1208 USD

USD 0.01 common

Purchase

1,353

30.8724 USD

USD 0.01 common

Purchase

1,600

30.8406 USD

USD 0.01 common

Purchase

2,122

30.9381 USD

USD 0.01 common

Purchase

2,982

31.1838 USD

USD 0.01 common

Purchase

4,959

31.0370 USD

USD 0.01 common

Purchase

8,558

31.0707 USD

USD 0.01 common

Purchase

9,360

31.3920 USD

USD 0.01 common

Purchase

11,311

31.0039 USD

USD 0.01 common

Purchase

11,360

31.0880 USD

USD 0.01 common

Purchase

16,711

31.0677 USD

USD 0.01 common

Purchase

19,886

31.0750 USD

USD 0.01 common

Purchase

20,749

30.9829 USD

USD 0.01 common

Purchase

29,189

31.0487 USD

USD 0.01 common

Purchase

29,301

31.0897 USD

USD 0.01 common

Purchase

33,164

31.0484 USD

USD 0.01 common

Purchase

36,714

31.1015 USD

USD 0.01 common

Purchase

40,809

30.9762 USD

USD 0.01 common

Purchase

44,692

31.1800 USD

USD 0.01 common

Purchase

59,770

31.0779 USD

USD 0.01 common

Purchase

95,892

30.9972 USD

USD 0.01 common

Purchase

117,644

31.1954 USD

USD 0.01 common

Purchase

180,271

31.1552 USD

USD 0.01 common

Sale

100

31.0700 USD

USD 0.01 common

Sale

100

31.4100 USD

USD 0.01 common

Sale

100

31.2200 USD

USD 0.01 common

Sale

100

31.1250 USD

USD 0.01 common

Sale

100

31.4500 USD

USD 0.01 common

Sale

100

31.0400 USD

USD 0.01 common

Sale

174

31.0542 USD

USD 0.01 common

Sale

200

30.8500 USD

USD 0.01 common

Sale

200

31.0200 USD

USD 0.01 common

Sale

200

31.1200 USD

USD 0.01 common

Sale

200

30.7950 USD

USD 0.01 common

Sale

295

31.0500 USD

USD 0.01 common

Sale

300

30.9166 USD

USD 0.01 common

Sale

300

31.1600 USD

USD 0.01 common

Sale

303

31.2728 USD

USD 0.01 common

Sale

397

31.3308 USD

USD 0.01 common

Sale

400

31.0975 USD

USD 0.01 common

Sale

400

30.9750 USD

USD 0.01 common

Sale

400

31.0462 USD

USD 0.01 common

Sale

400

31.1862 USD

USD 0.01 common

Sale

500

30.9869 USD

USD 0.01 common

Sale

500

31.5460 USD

USD 0.01 common

Sale

531

31.1233 USD

USD 0.01 common

Sale

531

31.0178 USD

USD 0.01 common

Sale

600

30.9958 USD

USD 0.01 common

Sale

649

31.1090 USD

USD 0.01 common

Sale

709

31.0600 USD

USD 0.01 common

Sale

770

30.8779 USD

USD 0.01 common

Sale

781

31.2107 USD

USD 0.01 common

Sale

885

31.0513 USD

USD 0.01 common

Sale

900

30.9711 USD

USD 0.01 common

Sale

1,003

31.0770 USD

USD 0.01 common

Sale

1,152

30.9385 USD

USD 0.01 common

Sale

1,293

31.4031 USD

USD 0.01 common

Sale

1,300

30.9796 USD

USD 0.01 common

Sale

1,300

31.0607 USD

USD 0.01 common

Sale

1,302

31.0454 USD

USD 0.01 common

Sale

1,304

31.1898 USD

USD 0.01 common

Sale

1,400

31.0657 USD

USD 0.01 common

Sale

1,475

31.0756 USD

USD 0.01 common

Sale

1,500

31.1380 USD

USD 0.01 common

Sale

1,600

31.1462 USD

USD 0.01 common

Sale

1,700

31.4011 USD

USD 0.01 common

Sale

1,700

31.0835 USD

USD 0.01 common

Sale

1,800

31.0650 USD

USD 0.01 common

Sale

1,867

31.4157 USD

USD 0.01 common

Sale

1,908

31.0475 USD

USD 0.01 common

Sale

2,045

31.0518 USD

USD 0.01 common

Sale

2,100

31.2723 USD

USD 0.01 common

Sale

3,210

31.0845 USD

USD 0.01 common

Sale

3,300

31.3910 USD

USD 0.01 common

Sale

3,700

30.9056 USD

USD 0.01 common

Sale

3,737

31.0000 USD

USD 0.01 common

Sale

5,500

31.0244 USD

USD 0.01 common

Sale

6,869

31.0467 USD

USD 0.01 common

Sale

7,200

30.8645 USD

USD 0.01 common

Sale

8,234

31.2443 USD

USD 0.01 common

Sale

8,600

30.8670 USD

USD 0.01 common

Sale

10,535

31.0787 USD

USD 0.01 common

Sale

11,385

31.1272 USD

USD 0.01 common

Sale

17,964

31.0426 USD

USD 0.01 common

Sale

18,392

31.1326 USD

USD 0.01 common

Sale

26,373

31.1415 USD

USD 0.01 common

Sale

35,543

31.0852 USD

USD 0.01 common

Sale

36,527

31.0260 USD

USD 0.01 common

Sale

42,756

31.1800 USD

USD 0.01 common

Sale

48,069

31.1351 USD

USD 0.01 common

Sale

60,336

31.2226 USD

USD 0.01 common

Sale

385,937

31.0836 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

12,400

31.0942 USD

USD 0.01 common

SWAP

Long

22,754

30.8395 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:

7 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: 726765
Time of Receipt (offset from UTC): 20210107T120028+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC