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:

15 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:

558,876

0.11%

729,371

0.15%

 

(2)

Cash-settled derivatives:

772,419

0.16%

0

0.00%

 

(3)

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

818,500

0.17%

633,000

0.13%

 
 
TOTAL:

2,149,795

0.43%

1,362,371

0.28%

 

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

24

29.8200 USD

USD 0.01 common

Purchase

100

29.6900 USD

USD 0.01 common

Purchase

100

29.7400 USD

USD 0.01 common

Purchase

166

29.9397 USD

USD 0.01 common

Purchase

200

29.7350 USD

USD 0.01 common

Purchase

200

29.5500 USD

USD 0.01 common

Purchase

217

29.8676 USD

USD 0.01 common

Purchase

243

30.0900 USD

USD 0.01 common

Purchase

300

29.9066 USD

USD 0.01 common

Purchase

300

29.7733 USD

USD 0.01 common

Purchase

357

29.8278 USD

USD 0.01 common

Purchase

367

29.9373 USD

USD 0.01 common

Purchase

400

29.9225 USD

USD 0.01 common

Purchase

430

29.8920 USD

USD 0.01 common

Purchase

454

29.8308 USD

USD 0.01 common

Purchase

500

29.8540 USD

USD 0.01 common

Purchase

500

29.8140 USD

USD 0.01 common

Purchase

600

29.7150 USD

USD 0.01 common

Purchase

800

29.7837 USD

USD 0.01 common

Purchase

800

29.7750 USD

USD 0.01 common

Purchase

801

29.8333 USD

USD 0.01 common

Purchase

993

29.8669 USD

USD 0.01 common

Purchase

1,273

29.7120 USD

USD 0.01 common

Purchase

1,284

29.7391 USD

USD 0.01 common

Purchase

1,306

29.8250 USD

USD 0.01 common

Purchase

1,500

29.7586 USD

USD 0.01 common

Purchase

1,800

29.7950 USD

USD 0.01 common

Purchase

2,200

29.8486 USD

USD 0.01 common

Purchase

2,388

29.7678 USD

USD 0.01 common

Purchase

2,500

29.8916 USD

USD 0.01 common

Purchase

2,500

29.8784 USD

USD 0.01 common

Purchase

2,518

29.7729 USD

USD 0.01 common

Purchase

2,602

29.7602 USD

USD 0.01 common

Purchase

2,724

29.7664 USD

USD 0.01 common

Purchase

3,062

29.7650 USD

USD 0.01 common

Purchase

3,289

29.7764 USD

USD 0.01 common

Purchase

4,978

29.7614 USD

USD 0.01 common

Purchase

6,688

29.8938 USD

USD 0.01 common

Purchase

7,967

29.8788 USD

USD 0.01 common

Purchase

8,582

29.8741 USD

USD 0.01 common

Purchase

9,344

29.8869 USD

USD 0.01 common

Purchase

12,604

29.7800 USD

USD 0.01 common

Purchase

14,460

29.9026 USD

USD 0.01 common

Purchase

22,398

29.7962 USD

USD 0.01 common

Purchase

27,363

29.8690 USD

USD 0.01 common

Purchase

37,392

29.8969 USD

USD 0.01 common

Purchase

50,269

29.8000 USD

USD 0.01 common

Purchase

58,167

29.8150 USD

USD 0.01 common

Purchase

69,490

29.7820 USD

USD 0.01 common

Purchase

110,737

29.8654 USD

USD 0.01 common

Sale

100

29.6450 USD

USD 0.01 common

Sale

100

29.7400 USD

USD 0.01 common

Sale

100

30.0450 USD

USD 0.01 common

Sale

100

29.5400 USD

USD 0.01 common

Sale

191

29.4100 USD

USD 0.01 common

Sale

200

29.5750 USD

USD 0.01 common

Sale

200

29.8050 USD

USD 0.01 common

Sale

200

29.5950 USD

USD 0.01 common

Sale

200

29.7750 USD

USD 0.01 common

Sale

266

29.7009 USD

USD 0.01 common

Sale

304

29.7541 USD

USD 0.01 common

Sale

320

29.9152 USD

USD 0.01 common

Sale

407

29.7393 USD

USD 0.01 common

Sale

500

29.7600 USD

USD 0.01 common

Sale

804

29.8734 USD

USD 0.01 common

Sale

808

29.7598 USD

USD 0.01 common

Sale

1,131

29.7898 USD

USD 0.01 common

Sale

1,200

29.9041 USD

USD 0.01 common

Sale

1,220

29.8150 USD

USD 0.01 common

Sale

1,499

29.7496 USD

USD 0.01 common

Sale

1,562

29.7643 USD

USD 0.01 common

Sale

1,700

29.9508 USD

USD 0.01 common

Sale

1,736

29.8236 USD

USD 0.01 common

Sale

1,840

29.7695 USD

USD 0.01 common

Sale

2,188

29.7671 USD

USD 0.01 common

Sale

2,250

29.7967 USD

USD 0.01 common

Sale

2,300

29.8356 USD

USD 0.01 common

Sale

2,831

29.5513 USD

USD 0.01 common

Sale

3,062

29.7650 USD

USD 0.01 common

Sale

3,436

30.0132 USD

USD 0.01 common

Sale

3,490

29.8232 USD

USD 0.01 common

Sale

3,758

30.0147 USD

USD 0.01 common

Sale

5,006

29.7343 USD

USD 0.01 common

Sale

5,300

29.5696 USD

USD 0.01 common

Sale

10,325

29.8194 USD

USD 0.01 common

Sale

17,795

29.8694 USD

USD 0.01 common

Sale

22,806

29.8188 USD

USD 0.01 common

Sale

22,890

29.8708 USD

USD 0.01 common

Sale

23,971

29.8317 USD

USD 0.01 common

Sale

24,031

29.8983 USD

USD 0.01 common

Sale

28,649

29.8582 USD

USD 0.01 common

Sale

28,950

29.9112 USD

USD 0.01 common

Sale

36,925

29.8959 USD

USD 0.01 common

Sale

43,221

29.8000 USD

USD 0.01 common

Sale

157,162

29.8118 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

666

29.5325 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:

20 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

97,500

35.0000

American

15 Jan 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

139,800

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: 727989
Time of Receipt (offset from UTC): 20210120T082050+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC