Form 8.3 - MGM RESORTS INTERNATIONAL Amendment

LONDON--()-- 

FORM 8.3 Amendment to Purchases

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:

11 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:

622,538

0.13%

679,307

0.14%

 

 

 

 

(2)

Cash-settled derivatives:

 

 

 

 

384,373

0.08%

0

0.00%

 

 

 

 

(3)

Stock-settled derivatives (including options)

 

 

 

 

and agreements to purchase/sell:

1,021,000

0.21%

633,000

0.13%

 

 

 

 

 

 

 

 

TOTAL:

2,027,911

0.41%

1,312,307

0.27%

 

 

 

 

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

164

30.9360 USD

USD 0.01 common

Purchase

600

30.9733 USD

USD 0.01 common

Purchase

629

30.9300 USD

USD 0.01 common

Purchase

800

30.8625 USD

USD 0.01 common

Purchase

800

30.9637 USD

USD 0.01 common

Purchase

849

30.9179 USD

USD 0.01 common

Purchase

911

30.8150 USD

USD 0.01 common

Purchase

1,000

30.9570 USD

USD 0.01 common

Purchase

1,100

30.8900 USD

USD 0.01 common

Purchase

2,100

30.9380 USD

USD 0.01 common

Purchase

2,200

30.9131 USD

USD 0.01 common

Purchase

2,374

30.6600 USD

USD 0.01 common

Purchase

5,943

30.7900 USD

USD 0.01 common

Purchase

7,916

30.8044 USD

USD 0.01 common

Purchase

8,796

30.8325 USD

USD 0.01 common

Purchase

13,848

30.8409 USD

USD 0.01 common

Purchase

15,179

30.8373 USD

USD 0.01 common

Purchase

20,079

30.8593 USD

USD 0.01 common

Purchase

25,895

30.7945 USD

USD 0.01 common

Purchase

38,737

30.6214 USD

USD 0.01 common

Purchase

39,763

30.7893 USD

USD 0.01 common

Purchase

48,865

30.8040 USD

USD 0.01 common

Purchase

51,000

30.9756 USD

USD 0.01 common

Purchase

71,687

30.8334 USD

USD 0.01 common

Purchase

85,628

30.8360 USD

USD 0.01 common

Purchase

125,983

30.7937 USD

USD 0.01 common

Purchase

350,000

30.8121 USD

USD 0.01 common

Sale

4

30.7700 USD

USD 0.01 common

Sale

6

30.7766 USD

USD 0.01 common

Sale

16

30.7687 USD

USD 0.01 common

Sale

100

30.9000 USD

USD 0.01 common

Sale

100

30.5100 USD

USD 0.01 common

Sale

104

30.9138 USD

USD 0.01 common

Sale

118

30.8201 USD

USD 0.01 common

Sale

123

30.7075 USD

USD 0.01 common

Sale

300

30.8300 USD

USD 0.01 common

Sale

300

30.6600 USD

USD 0.01 common

Sale

400

30.8162 USD

USD 0.01 common

Sale

440

30.8036 USD

USD 0.01 common

Sale

449

30.8321 USD

USD 0.01 common

Sale

500

30.8140 USD

USD 0.01 common

Sale

600

30.9566 USD

USD 0.01 common

Sale

670

30.8177 USD

USD 0.01 common

Sale

700

30.9300 USD

USD 0.01 common

Sale

700

30.9614 USD

USD 0.01 common

Sale

700

30.8000 USD

USD 0.01 common

Sale

727

30.6257 USD

USD 0.01 common

Sale

754

30.8019 USD

USD 0.01 common

Sale

800

30.8212 USD

USD 0.01 common

Sale

800

30.8700 USD

USD 0.01 common

Sale

900

30.8144 USD

USD 0.01 common

Sale

1,000

30.7600 USD

USD 0.01 common

Sale

1,100

30.6749 USD

USD 0.01 common

Sale

1,195

30.8174 USD

USD 0.01 common

Sale

1,280

30.9400 USD

USD 0.01 common

Sale

1,300

30.8100 USD

USD 0.01 common

Sale

1,591

30.6078 USD

USD 0.01 common

Sale

1,691

30.9604 USD

USD 0.01 common

Sale

1,800

30.7027 USD

USD 0.01 common

Sale

1,837

30.6167 USD

USD 0.01 common

Sale

1,860

30.5986 USD

USD 0.01 common

Sale

1,879

30.6886 USD

USD 0.01 common

Sale

2,260

30.6069 USD

USD 0.01 common

Sale

2,285

30.5942 USD

USD 0.01 common

Sale

2,548

30.6739 USD

USD 0.01 common

Sale

2,732

30.8137 USD

USD 0.01 common

Sale

2,740

30.5598 USD

USD 0.01 common

Sale

2,749

30.6398 USD

USD 0.01 common

Sale

2,899

30.7519 USD

USD 0.01 common

Sale

3,456

30.7947 USD

USD 0.01 common

Sale

3,587

30.7981 USD

USD 0.01 common

Sale

3,683

30.6300 USD

USD 0.01 common

Sale

3,890

30.7754 USD

USD 0.01 common

Sale

4,096

30.7812 USD

USD 0.01 common

Sale

4,870

30.7998 USD

USD 0.01 common

Sale

4,915

30.6744 USD

USD 0.01 common

Sale

5,485

30.9538 USD

USD 0.01 common

Sale

5,918

30.9543 USD

USD 0.01 common

Sale

6,086

30.9579 USD

USD 0.01 common

Sale

6,400

30.7961 USD

USD 0.01 common

Sale

7,275

30.9539 USD

USD 0.01 common

Sale

7,601

30.9500 USD

USD 0.01 common

Sale

7,806

30.9542 USD

USD 0.01 common

Sale

7,838

30.9695 USD

USD 0.01 common

Sale

8,448

30.7437 USD

USD 0.01 common

Sale

10,700

30.7845 USD

USD 0.01 common

Sale

11,231

30.6233 USD

USD 0.01 common

Sale

11,574

30.7931 USD

USD 0.01 common

Sale

11,729

30.8919 USD

USD 0.01 common

Sale

13,019

30.5436 USD

USD 0.01 common

Sale

13,058

30.7900 USD

USD 0.01 common

Sale

13,282

30.8014 USD

USD 0.01 common

Sale

17,417

30.8245 USD

USD 0.01 common

Sale

28,336

30.8004 USD

USD 0.01 common

Sale

32,808

30.7895 USD

USD 0.01 common

Sale

48,200

30.7370 USD

USD 0.01 common

Sale

50,000

30.9800 USD

USD 0.01 common

Sale

146,460

30.7907 USD

USD 0.01 common

Sale

175,000

30.8121 USD

USD 0.01 common

Sale

213,621

30.8413 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

 

 

 

 

 

 

(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

25,000

31.0000

American

15 Jan 2021

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.

Category Code: RET
Sequence Number: 727303
Time of Receipt (offset from UTC): 20210114T103805+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC