28th Sep 2021 11:14
FORM 8.5 (EPT/RI)
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Name of exempt principal trader: | Morgan Stanley & Co. International plc |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Entain plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Entain plc |
(d) Date dealing undertaken: | 27 September 2021 |
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A" | YES- Draftkings Inc |
2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(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 security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
EUR 0.01 ordinary | SALES | 734,740 | 22.5200 GBP | 21.7200 GBP |
EUR 0.01 ordinary | PURCHASES | 616,885 | 22.5500 GBP | 21.7700 GBP |
EUR 0.01 ordinary | SALES | 11 | 30.2223 USD | 30.2223 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 |
EUR 0.01 ordinary | CFD | increasing a long position | 2,197 | 21.8189 GBP |
EUR 0.01 ordinary | CFD | increasing a long position | 36 | 22.0140 GBP |
EUR 0.01 ordinary | CFD | increasing a long position | 11 | 22.0300 GBP |
EUR 0.01 ordinary | CFD | increasing a long position | 7,872 | 22.2337 GBP |
EUR 0.01 ordinary | CFD | increasing a long position | 3,402 | 22.3453 GBP |
EUR 0.01 ordinary | CFD | increasing a long position | 71 | 22.5200 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 225 | 21.8005 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 12,803 | 21.8005 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 700 | 21.8005 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 3,486 | 21.8005 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 13,271 | 21.8005 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 3,065 | 21.8005 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 1,264 | 21.8350 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 95 | 21.8350 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 25,000 | 21.8578 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 280 | 21.8695 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 9,487 | 21.8700 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 112 | 21.8963 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 855 | 21.9721 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 4,015 | 21.9721 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 1,276 | 21.9721 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 5,399 | 21.9721 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 25 | 21.9852 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 1,154 | 22.0100 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 88 | 22.0100 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 5,648 | 22.0360 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 6,099 | 22.0404 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 53,318 | 22.1033 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 508 | 22.1300 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 1,957 | 22.1533 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 5,000 | 22.1642 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 10 | 22.1649 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 2,436 | 22.1838 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 34 | 22.1906 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 5 | 22.2300 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 482 | 22.2300 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 2,146 | 22.2364 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 3,069 | 22.2606 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 33,933 | 22.2606 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 2,268 | 22.2606 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 1,340 | 22.2606 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 3,398 | 22.2606 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 66 | 22.2797 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 24 | 22.3067 GBP |
EUR 0.01 ordinary | CFD | increasing a short position | 1,212 | 22.4600 GBP |
EUR 0.01 ordinary | CFD | reducing a long position | 3,000 | 21.8304 GBP |
EUR 0.01 ordinary | CFD | reducing a long position | 570 | 21.8772 GBP |
EUR 0.01 ordinary | CFD | reducing a long position | 2,065 | 21.8936 GBP |
EUR 0.01 ordinary | CFD | reducing a long position | 2,526 | 21.9369 GBP |
EUR 0.01 ordinary | CFD | reducing a long position | 638 | 22.2032 GBP |
EUR 0.01 ordinary | CFD | reducing a long position | 130 | 22.2300 GBP |
EUR 0.01 ordinary | CFD | reducing a long position | 1 | 22.5000 GBP |
EUR 0.01 ordinary | CFD | reducing a long position | 71 | 22.5500 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 18,395 | 21.7525 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 10,000 | 21.7620 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 1,762 | 21.7620 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 5,000 | 21.7621 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 1,359 | 21.8350 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 23,617 | 21.8352 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 238 | 21.8470 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 9,487 | 21.8744 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 6,583 | 21.8769 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 1,242 | 22.0100 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 6,118 | 22.0140 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 6,309 | 22.0271 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 27,247 | 22.0559 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 7,641 | 22.0616 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 47 | 22.1243 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 50,908 | 22.1456 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 244 | 22.1756 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 26,988 | 22.2246 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 543 | 22.2300 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 508 | 22.2300 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 5,158 | 22.2300 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 359 | 22.2300 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 55,585 | 22.2300 GBP |
EUR 0.01 ordinary | CFD | reducing a short position | 3,394 | 22.2365 GBP |
(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 |
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
N/A | N/A | N/A | N/A | N/A |
(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) |
N/A | N/A | N/A | N/A |
3. 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 exempt principal trader 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 exempt principal trader 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
|
| Date of disclosure: | 28 September 2021 |
| Contact name: | Craig Horsley |
| Telephone number: | +44 141 245-7736 |
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 dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
Related Shares:
Entain