FORM 8.3 - MGM RESORTS INTERNATIONAL - AMENDMENT

LONDON--()-- 

FORM 8.3

Amendment to Purchase

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: 07 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
 

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:

450,724

0.09%

483,229

0.10%

 

 

 

 

(2)

Cash-settled derivatives:

 

 

 

 

359,693

0.07%

0

0.00%

 

 

 

 

(3)

Stock-settled derivatives (including options)

 

 

 

 

and agreements to purchase/sell:

996,000

0.20%

633,000

0.13%

 

 

 

 

(4)

 

 

 

 

TOTAL:

1,806,417

0.37%

1,116,229

0.23%

 

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

1

31.0200 USD
USD 0.01 common Purchase

11

30.6300 USD
USD 0.01 common Purchase

13

30.6600 USD
USD 0.01 common Purchase

39

30.7133 USD
USD 0.01 common Purchase

53

30.6850 USD
USD 0.01 common Purchase

63

30.7000 USD
USD 0.01 common Purchase

100

30.7200 USD
USD 0.01 common Purchase

100

30.7250 USD
USD 0.01 common Purchase

106

30.8241 USD
USD 0.01 common Purchase

117

30.7222 USD
USD 0.01 common Purchase

131

30.7310 USD
USD 0.01 common Purchase

156

30.7050 USD
USD 0.01 common Purchase

180

30.6818 USD
USD 0.01 common Purchase

300

30.7083 USD
USD 0.01 common Purchase

300

30.7300 USD
USD 0.01 common Purchase

300

30.9150 USD
USD 0.01 common Purchase

300

30.7683 USD
USD 0.01 common Purchase

390

30.6500 USD
USD 0.01 common Purchase

464

30.8029 USD
USD 0.01 common Purchase

501

30.7211 USD
USD 0.01 common Purchase

1,489

30.7279 USD
USD 0.01 common Purchase

1,703

30.7678 USD
USD 0.01 common Purchase

2,166

30.7657 USD
USD 0.01 common Purchase

4,200

30.8050 USD
USD 0.01 common Purchase

4,245

30.8429 USD
USD 0.01 common Purchase

4,400

30.8002 USD
USD 0.01 common Purchase

5,333

30.7080 USD
USD 0.01 common Purchase

6,461

31.2506 USD
USD 0.01 common Purchase

7,760

31.0547 USD
USD 0.01 common Purchase

8,812

30.8262 USD
USD 0.01 common Purchase

10,890

30.6000 USD
USD 0.01 common Purchase

12,202

30.9248 USD
USD 0.01 common Purchase

13,400

30.9137 USD
USD 0.01 common Purchase

17,621

30.7251 USD
USD 0.01 common Purchase

24,891

30.7964 USD
USD 0.01 common Purchase

29,985

31.1350 USD
USD 0.01 common Purchase

30,299

30.8960 USD
USD 0.01 common Purchase

32,023

30.6322 USD
USD 0.01 common Purchase

82,556

30.6806 USD
USD 0.01 common Purchase

87,547

30.7697 USD
USD 0.01 common Purchase

129,697

30.8682 USD
USD 0.01 common Sale

25

30.7728 USD
USD 0.01 common Sale

81

30.8400 USD
USD 0.01 common Sale

90

30.6500 USD
USD 0.01 common Sale

100

31.2500 USD
USD 0.01 common Sale

100

31.0500 USD
USD 0.01 common Sale

100

30.8500 USD
USD 0.01 common Sale

107

31.2231 USD
USD 0.01 common Sale

144

30.8436 USD
USD 0.01 common Sale

158

30.8700 USD
USD 0.01 common Sale

200

30.8800 USD
USD 0.01 common Sale

200

30.8850 USD
USD 0.01 common Sale

201

30.6623 USD
USD 0.01 common Sale

300

30.7766 USD
USD 0.01 common Sale

400

30.6875 USD
USD 0.01 common Sale

401

31.2600 USD
USD 0.01 common Sale

428

31.2696 USD
USD 0.01 common Sale

500

31.2900 USD
USD 0.01 common Sale

600

30.6666 USD
USD 0.01 common Sale

674

30.9915 USD
USD 0.01 common Sale

819

30.5826 USD
USD 0.01 common Sale

853

30.7178 USD
USD 0.01 common Sale

900

30.7255 USD
USD 0.01 common Sale

900

30.6661 USD
USD 0.01 common Sale

1,000

30.6725 USD
USD 0.01 common Sale

1,000

31.2560 USD
USD 0.01 common Sale

1,000

31.2710 USD
USD 0.01 common Sale

1,029

30.8440 USD
USD 0.01 common Sale

1,200

30.8433 USD
USD 0.01 common Sale

1,203

31.2651 USD
USD 0.01 common Sale

1,204

30.8428 USD
USD 0.01 common Sale

1,403

30.8475 USD
USD 0.01 common Sale

1,439

30.7966 USD
USD 0.01 common Sale

1,500

30.6874 USD
USD 0.01 common Sale

1,500

31.2623 USD
USD 0.01 common Sale

1,672

30.7704 USD
USD 0.01 common Sale

1,800

30.9116 USD
USD 0.01 common Sale

2,100

30.7233 USD
USD 0.01 common Sale

2,600

30.7007 USD
USD 0.01 common Sale

2,603

30.9727 USD
USD 0.01 common Sale

2,800

30.8375 USD
USD 0.01 common Sale

2,878

31.0289 USD
USD 0.01 common Sale

4,460

31.2496 USD
USD 0.01 common Sale

4,500

30.9503 USD
USD 0.01 common Sale

4,609

31.3100 USD
USD 0.01 common Sale

4,732

30.9688 USD
USD 0.01 common Sale

5,916

31.3075 USD
USD 0.01 common Sale

6,805

31.2577 USD
USD 0.01 common Sale

7,567

30.9307 USD
USD 0.01 common Sale

8,585

30.9140 USD
USD 0.01 common Sale

9,102

30.8009 USD
USD 0.01 common Sale

9,380

30.6000 USD
USD 0.01 common Sale

9,775

30.8303 USD
USD 0.01 common Sale

12,481

30.9621 USD
USD 0.01 common Sale

20,381

30.9261 USD
USD 0.01 common Sale

21,840

30.8851 USD
USD 0.01 common Sale

40,887

30.9047 USD
USD 0.01 common Sale

41,927

30.6489 USD
USD 0.01 common Sale

52,523

30.8757 USD
USD 0.01 common Sale

221,404

30.7425 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

24,287

31.2404 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: 14 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: 727470
Time of Receipt (offset from UTC): 20210114T082042+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC