U.S. markets closed
  • S&P 500

    3,851.85
    +52.94 (+1.39%)
     
  • Dow 30

    31,188.38
    +257.86 (+0.83%)
     
  • Nasdaq

    13,457.25
    +260.07 (+1.97%)
     
  • Russell 2000

    2,160.62
    +9.48 (+0.44%)
     
  • Crude Oil

    53.28
    +0.04 (+0.08%)
     
  • Gold

    1,870.90
    +4.40 (+0.24%)
     
  • Silver

    25.93
    +0.17 (+0.66%)
     
  • EUR/USD

    1.2121
    -0.0012 (-0.10%)
     
  • 10-Yr Bond

    1.0900
    -0.0020 (-0.18%)
     
  • GBP/USD

    1.3673
    +0.0039 (+0.29%)
     
  • USD/JPY

    103.5200
    -0.3720 (-0.36%)
     
  • BTC-USD

    35,603.14
    +1,203.16 (+3.50%)
     
  • CMC Crypto 200

    696.42
    -4.19 (-0.60%)
     
  • FTSE 100

    6,740.39
    +27.44 (+0.41%)
     
  • Nikkei 225

    28,523.26
    -110.20 (-0.38%)
     

FORM 8.3 - MGM RESORTS INTERNATIONAL - AMENDMENT

·11 min read

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20210114005415/en/

Contacts

BARCLAYS PLC