Source - LSE Regulatory
RNS Number : 9707M
Morgan Stanley & Co. Int'l plc
24 September 2021
 

AMENDMENT(2(a), 2(b))

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:

22 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

PURCHASES

4,344,604

25.0000 GBP

19.0543 GBP

EUR 0.01 ordinary

SALES

4,520,649

25.0014 GBP

23.7700 GBP

EUR 0.01 ordinary

PURCHASES

1,000

27.8000 EUR

27.8000 EUR

EUR 0.01 ordinary

SALES

1,000

27.8000 EUR

27.8000 EUR

EUR 0.01 ordinary

PURCHASES

26

32.9677 USD

32.9677 USD

EUR 0.01 ordinary

SALES

100,000

34.0983 USD

32.8106 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

3,461

23.7700 GBP

EUR 0.01 ordinary

CFD

increasing a long position

1

23.7700 GBP

EUR 0.01 ordinary

CFD

increasing a long position

95,482

23.8411 GBP

EUR 0.01 ordinary

CFD

increasing a long position

1,499

23.8453 GBP

EUR 0.01 ordinary

CFD

increasing a long position

3,800

23.9348 GBP

EUR 0.01 ordinary

CFD

increasing a long position

16,257

24.0383 GBP

EUR 0.01 ordinary

CFD

increasing a long position

24,510

24.0383 GBP

EUR 0.01 ordinary

CFD

increasing a long position

35,179

24.0383 GBP

EUR 0.01 ordinary

CFD

increasing a long position

33,762

24.0383 GBP

EUR 0.01 ordinary

CFD

increasing a long position

11,449

24.0667 GBP

EUR 0.01 ordinary

CFD

increasing a long position

321

24.0955 GBP

EUR 0.01 ordinary

CFD

increasing a long position

75,291

24.2333 GBP

EUR 0.01 ordinary

CFD

increasing a long position

2

24.3089 GBP

EUR 0.01 ordinary

CFD

increasing a long position

50,000

24.4878 GBP

EUR 0.01 ordinary

CFD

increasing a long position

3,478

24.8837 GBP

EUR 0.01 ordinary

CFD

increasing a long position

25,000

24.9000 GBP

EUR 0.01 ordinary

CFD

increasing a long position

50,000

24.9875 GBP

EUR 0.01 ordinary

CFD

increasing a long position

50,000

25.0000 GBP

EUR 0.01 ordinary

CFD

increasing a short position

4,535

19.0543 GBP

EUR 0.01 ordinary

CFD

increasing a short position

820

22.5705 GBP

EUR 0.01 ordinary

CFD

increasing a short position

12,267

22.5705 GBP

EUR 0.01 ordinary

CFD

increasing a short position

1,228

22.5705 GBP

EUR 0.01 ordinary

CFD

increasing a short position

58,189

22.5705 GBP

EUR 0.01 ordinary

CFD

increasing a short position

1,107

22.5705 GBP

EUR 0.01 ordinary

CFD

increasing a short position

484

22.5705 GBP

EUR 0.01 ordinary

CFD

increasing a short position

2,238

22.7129 GBP

EUR 0.01 ordinary

CFD

increasing a short position

2,017

22.7129 GBP

EUR 0.01 ordinary

CFD

increasing a short position

22,361

22.7129 GBP

EUR 0.01 ordinary

CFD

increasing a short position

106,079

22.7129 GBP

EUR 0.01 ordinary

CFD

increasing a short position

1,496

22.7129 GBP

EUR 0.01 ordinary

CFD

increasing a short position

883

22.7129 GBP

EUR 0.01 ordinary

CFD

increasing a short position

718

23.7700 GBP

EUR 0.01 ordinary

CFD

increasing a short position

11,486

23.7700 GBP

EUR 0.01 ordinary

CFD

increasing a short position

491

23.7700 GBP

EUR 0.01 ordinary

CFD

increasing a short position

32,397

23.8057 GBP

EUR 0.01 ordinary

CFD

increasing a short position

614

23.8057 GBP

EUR 0.01 ordinary

CFD

increasing a short position

268

23.8057 GBP

EUR 0.01 ordinary

CFD

increasing a short position

6,786

23.8057 GBP

EUR 0.01 ordinary

CFD

increasing a short position

680

23.8057 GBP

EUR 0.01 ordinary

CFD

increasing a short position

454

23.8057 GBP

EUR 0.01 ordinary

CFD

increasing a short position

15,500

23.9700 GBP

EUR 0.01 ordinary

CFD

increasing a short position

2,466

23.9797 GBP

EUR 0.01 ordinary

CFD

increasing a short position

25,579

23.9844 GBP

EUR 0.01 ordinary

CFD

increasing a short position

83,332

24.0000 GBP

EUR 0.01 ordinary

CFD

increasing a short position

7,789

24.0071 GBP

EUR 0.01 ordinary

CFD

increasing a short position

1,151

24.0168 GBP

EUR 0.01 ordinary

CFD

increasing a short position

6,357

24.0168 GBP

EUR 0.01 ordinary

CFD

increasing a short position

4,390

24.0168 GBP

EUR 0.01 ordinary

CFD

increasing a short position

18,102

24.0168 GBP

EUR 0.01 ordinary

CFD

increasing a short position

10,000

24.0168 GBP

EUR 0.01 ordinary

CFD

increasing a short position

16,967

24.0496 GBP

EUR 0.01 ordinary

CFD

increasing a short position

80,993

24.0496 GBP

EUR 0.01 ordinary

CFD

increasing a short position

670

24.0496 GBP

EUR 0.01 ordinary

CFD

increasing a short position

1,534

24.0496 GBP

EUR 0.01 ordinary

CFD

increasing a short position

1,698

24.0496 GBP

EUR 0.01 ordinary

CFD

increasing a short position

1,134

24.0496 GBP

EUR 0.01 ordinary

CFD

increasing a short position

11,810

24.0563 GBP

EUR 0.01 ordinary

CFD

increasing a short position

1,389

24.0700 GBP

EUR 0.01 ordinary

CFD

increasing a short position

100,000

24.0719 GBP

EUR 0.01 ordinary

CFD

increasing a short position

2,607

24.0799 GBP

EUR 0.01 ordinary

CFD

increasing a short position

6,630

24.0863 GBP

EUR 0.01 ordinary

CFD

increasing a short position

4,418

24.0863 GBP

EUR 0.01 ordinary

CFD

increasing a short position

318,274

24.0863 GBP

EUR 0.01 ordinary

CFD

increasing a short position

2,612

24.0863 GBP

EUR 0.01 ordinary

CFD

increasing a short position

6,008

24.0863 GBP

EUR 0.01 ordinary

CFD

increasing a short position

66,195

24.0863 GBP

EUR 0.01 ordinary

CFD

increasing a short position

4,974

24.1121 GBP

EUR 0.01 ordinary

CFD

increasing a short position

10,000

24.1121 GBP

EUR 0.01 ordinary

CFD

increasing a short position

16,198

24.1441 GBP

EUR 0.01 ordinary

CFD

increasing a short position

134

24.1441 GBP

EUR 0.01 ordinary

CFD

increasing a short position

306

24.1441 GBP

EUR 0.01 ordinary

CFD

increasing a short position

3,393

24.1441 GBP

EUR 0.01 ordinary

CFD

increasing a short position

340

24.1441 GBP

EUR 0.01 ordinary

CFD

increasing a short position

226

24.1441 GBP

EUR 0.01 ordinary

CFD

increasing a short position

3,230

24.1660 GBP

EUR 0.01 ordinary

CFD

increasing a short position

3,724

24.2200 GBP

EUR 0.01 ordinary

CFD

increasing a short position

5,345

24.2200 GBP

EUR 0.01 ordinary

CFD

increasing a short position

6,357

24.2248 GBP

EUR 0.01 ordinary

CFD

increasing a short position

1,152

24.2248 GBP

EUR 0.01 ordinary

CFD

increasing a short position

4,391

24.2248 GBP

EUR 0.01 ordinary

CFD

increasing a short position

18,100

24.2248 GBP

EUR 0.01 ordinary

CFD

increasing a short position

5,130

24.2345 GBP

EUR 0.01 ordinary

CFD

increasing a short position

2,470

24.2345 GBP

EUR 0.01 ordinary

CFD

increasing a short position

451,200

24.3226 GBP

EUR 0.01 ordinary

CFD

increasing a short position

4,391

24.3670 GBP

EUR 0.01 ordinary

CFD

increasing a short position

6,357

24.3670 GBP

EUR 0.01 ordinary

CFD

increasing a short position

1,152

24.3670 GBP

EUR 0.01 ordinary

CFD

increasing a short position

18,100

24.3670 GBP

EUR 0.01 ordinary

CFD

increasing a short position

13,615

24.3834 GBP

EUR 0.01 ordinary

CFD

increasing a short position

910

24.3834 GBP

EUR 0.01 ordinary

CFD

increasing a short position

1,364

24.3834 GBP

EUR 0.01 ordinary

CFD

increasing a short position

537

24.3834 GBP

EUR 0.01 ordinary

CFD

increasing a short position

64,988

24.3834 GBP

EUR 0.01 ordinary

CFD

increasing a short position

1,231

24.3834 GBP

EUR 0.01 ordinary

CFD

increasing a short position

50,000

24.3942 GBP

EUR 0.01 ordinary

CFD

increasing a short position

30,774

24.4494 GBP

EUR 0.01 ordinary

CFD

increasing a short position

22,341

24.4494 GBP

EUR 0.01 ordinary

CFD

increasing a short position

14,818

24.4494 GBP

EUR 0.01 ordinary

CFD

increasing a short position

32,067

24.4494 GBP

EUR 0.01 ordinary

CFD

increasing a short position

5,433

24.4692 GBP

EUR 0.01 ordinary

CFD

increasing a short position

7,462

24.4922 GBP

EUR 0.01 ordinary

CFD

increasing a short position

15,000

24.4923 GBP

EUR 0.01 ordinary

CFD

increasing a short position

2,800

24.9850 GBP

EUR 0.01 ordinary

CFD

increasing a short position

25,000

25.0000 GBP

EUR 0.01 ordinary

CFD

reducing a long position

427

23.8666 GBP

EUR 0.01 ordinary

CFD

reducing a long position

25,000

23.9673 GBP

EUR 0.01 ordinary

CFD

reducing a long position

16,167

23.9710 GBP

EUR 0.01 ordinary

CFD

reducing a long position

7,491

23.9710 GBP

EUR 0.01 ordinary

CFD

reducing a long position

10,520

23.9710 GBP

EUR 0.01 ordinary

CFD

reducing a long position

620

23.9710 GBP

EUR 0.01 ordinary

CFD

reducing a long position

3,815

23.9710 GBP

EUR 0.01 ordinary

CFD

reducing a long position

20,000

24.0061 GBP

EUR 0.01 ordinary

CFD

reducing a long position

10,000

24.0117 GBP

EUR 0.01 ordinary

CFD

reducing a long position

25,000

24.0119 GBP

EUR 0.01 ordinary

CFD

reducing a long position

10,000

24.0266 GBP

EUR 0.01 ordinary

CFD

reducing a long position

8,800

24.0272 GBP

EUR 0.01 ordinary

CFD

reducing a long position

25,000

24.0408 GBP

EUR 0.01 ordinary

CFD

reducing a long position

2,200

24.0623 GBP

EUR 0.01 ordinary

CFD

reducing a long position

321

24.0799 GBP

EUR 0.01 ordinary

CFD

reducing a long position

35,500

24.0919 GBP

EUR 0.01 ordinary

CFD

reducing a long position

1,444

24.1370 GBP

EUR 0.01 ordinary

CFD

reducing a long position

26

24.1419 GBP

EUR 0.01 ordinary

CFD

reducing a long position

21,662

24.1790 GBP

EUR 0.01 ordinary

CFD

reducing a long position

75,196

24.1969 GBP

EUR 0.01 ordinary

CFD

reducing a long position

1,187

24.1971 GBP

EUR 0.01 ordinary

CFD

reducing a long position

10,688

24.2200 GBP

EUR 0.01 ordinary

CFD

reducing a long position

7,447

24.2200 GBP

EUR 0.01 ordinary

CFD

reducing a long position

4,939

24.2345 GBP

EUR 0.01 ordinary

CFD

reducing a long position

10,257

24.2345 GBP

EUR 0.01 ordinary

CFD

reducing a long position

8,580

24.2491 GBP

EUR 0.01 ordinary

CFD

reducing a long position

940

24.3158 GBP

EUR 0.01 ordinary

CFD

reducing a long position

11,318

24.3721 GBP

EUR 0.01 ordinary

CFD

reducing a long position

17,063

24.3721 GBP

EUR 0.01 ordinary

CFD

reducing a long position

24,491

24.3721 GBP

EUR 0.01 ordinary

CFD

reducing a long position

23,505

24.3721 GBP

EUR 0.01 ordinary

CFD

reducing a long position

15,000

24.3886 GBP

EUR 0.01 ordinary

CFD

reducing a long position

15,000

24.4459 GBP

EUR 0.01 ordinary

CFD

reducing a long position

3,478

24.9464 GBP

EUR 0.01 ordinary

CFD

reducing a short position

97,260

23.7700 GBP

EUR 0.01 ordinary

CFD

reducing a short position

6,552

23.7700 GBP

EUR 0.01 ordinary

CFD

reducing a short position

7,477

23.8330 GBP

EUR 0.01 ordinary

CFD

reducing a short position

3,162

23.8366 GBP

EUR 0.01 ordinary

CFD

reducing a short position

278

23.8382 GBP

EUR 0.01 ordinary

CFD

reducing a short position

32,646

23.8400 GBP

EUR 0.01 ordinary

CFD

reducing a short position

39,976

23.8400 GBP

EUR 0.01 ordinary

CFD

reducing a short position

936

23.8727 GBP

EUR 0.01 ordinary

CFD

reducing a short position

1,441

23.8836 GBP

EUR 0.01 ordinary

CFD

reducing a short position

389

23.8883 GBP

EUR 0.01 ordinary

CFD

reducing a short position

611

23.8994 GBP

EUR 0.01 ordinary

CFD

reducing a short position

215

23.9087 GBP

EUR 0.01 ordinary

CFD

reducing a short position

66

23.9100 GBP

EUR 0.01 ordinary

CFD

reducing a short position

559

23.9150 GBP

EUR 0.01 ordinary

CFD

reducing a short position

1,794

23.9381 GBP

EUR 0.01 ordinary

CFD

reducing a short position

155

23.9419 GBP

EUR 0.01 ordinary

CFD

reducing a short position

39,124

23.9419 GBP

EUR 0.01 ordinary

CFD

reducing a short position

32

23.9419 GBP

EUR 0.01 ordinary

CFD

reducing a short position

1,887

23.9419 GBP

EUR 0.01 ordinary

CFD

reducing a short position

354

23.9419 GBP

EUR 0.01 ordinary

CFD

reducing a short position

2,346

23.9419 GBP

EUR 0.01 ordinary

CFD

reducing a short position

2,737

23.9419 GBP

EUR 0.01 ordinary

CFD

reducing a short position

155

23.9419 GBP

EUR 0.01 ordinary

CFD

reducing a short position

138

23.9423 GBP

EUR 0.01 ordinary

CFD

reducing a short position

33

23.9425 GBP

EUR 0.01 ordinary

CFD

reducing a short position

15,027

23.9500 GBP

EUR 0.01 ordinary

CFD

reducing a short position

11,775

23.9513 GBP

EUR 0.01 ordinary

CFD

reducing a short position

129

23.9600 GBP

EUR 0.01 ordinary

CFD

reducing a short position

87

23.9688 GBP

EUR 0.01 ordinary

CFD

reducing a short position

2,638

23.9748 GBP

EUR 0.01 ordinary

CFD

reducing a short position

260

24.0200 GBP

EUR 0.01 ordinary

CFD

reducing a short position

50,000

24.0231 GBP

EUR 0.01 ordinary

CFD

reducing a short position

780

24.0437 GBP

EUR 0.01 ordinary

CFD

reducing a short position

396,272

24.0600 GBP

EUR 0.01 ordinary

CFD

reducing a short position

1,292

24.0700 GBP

EUR 0.01 ordinary

CFD

reducing a short position

97

24.0700 GBP

EUR 0.01 ordinary

CFD

reducing a short position

741

24.0750 GBP

EUR 0.01 ordinary

CFD

reducing a short position

2,925

24.0923 GBP

EUR 0.01 ordinary

CFD

reducing a short position

2,607

24.0955 GBP

EUR 0.01 ordinary

CFD

reducing a short position

220

24.1083 GBP

EUR 0.01 ordinary

CFD

reducing a short position

301,688

24.1480 GBP

EUR 0.01 ordinary

CFD

reducing a short position

509,406

24.1480 GBP

EUR 0.01 ordinary

CFD

reducing a short position

66,359

24.1480 GBP

EUR 0.01 ordinary

CFD

reducing a short position

160,673

24.1480 GBP

EUR 0.01 ordinary

CFD

reducing a short position

60,754

24.1480 GBP

EUR 0.01 ordinary

CFD

reducing a short position

2,349

24.1623 GBP

EUR 0.01 ordinary

CFD

reducing a short position

24,977

24.1978 GBP

EUR 0.01 ordinary

CFD

reducing a short position

2,105

24.2003 GBP

EUR 0.01 ordinary

CFD

reducing a short position

1,881

24.2061 GBP

EUR 0.01 ordinary

CFD

reducing a short position

3,023

24.2066 GBP

EUR 0.01 ordinary

CFD

reducing a short position

19,579

24.2636 GBP

EUR 0.01 ordinary

CFD

reducing a short position

97,223

24.2636 GBP

EUR 0.01 ordinary

CFD

reducing a short position

51,778

24.2636 GBP

EUR 0.01 ordinary

CFD

reducing a short position

21,384

24.2636 GBP

EUR 0.01 ordinary

CFD

reducing a short position

164,161

24.2636 GBP

EUR 0.01 ordinary

CFD

reducing a short position

5,000

24.2879 GBP

EUR 0.01 ordinary

CFD

reducing a short position

11,840

24.3089 GBP

EUR 0.01 ordinary

CFD

reducing a short position

233

24.3193 GBP

EUR 0.01 ordinary

CFD

reducing a short position

395

24.4193 GBP

EUR 0.01 ordinary

CFD

reducing a short position

11,294

24.4388 GBP

EUR 0.01 ordinary

CFD

reducing a short position

8,141

24.7519 GBP

EUR 0.01 ordinary

CFD

reducing a short position

80

24.8837 GBP

EUR 0.01 ordinary

CFD

reducing a short position

3,264

24.9626 GBP

EUR 0.01 ordinary

CFD

reducing a short position

100

25.0000 GBP

EUR 0.01 ordinary

CFD

reducing a short position

759

25.0000 GBP

EUR 0.01 ordinary

CFD

reducing a short position

4,212

25.0000 GBP

EUR 0.01 ordinary

CFD

reducing a short position

50,000

25.0000 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:

24 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.

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