Company Announcements

Form 8.5 (EPT/RI)- Replacement of DraftKings Inc

Source: RNS
RNS Number : 1278R
Morgan Stanley Capital Services LLC
02 November 2021
 

AMENDMENT(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 Capital Services LLC

(b) Name of offeror/offeree in relation to whose relevant securities this form relates:

     Use a separate form for each offeror/offeree

DRAFTKINGS INC

(c) Name of the party to the offer with which exempt principal trader is connected:

Entain plc

(d) Date dealing undertaken:

26 October 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-Entain plc

 

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

USD 0.0001 CLASS A COMMON

PURCHASES

287,844

50.5753 USD

48.6838 USD

USD 0.0001 CLASS A COMMON

SALES

180,078

50.8407 USD

48.7500 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

USD 0.0001 CLASS A COMMON

CFD

increasing a long position

7,763

48.7500 USD

USD 0.0001 CLASS A COMMON

CFD

increasing a long position

60

49.4600 USD

USD 0.0001 CLASS A COMMON

CFD

increasing a long position

79,711

49.5747 USD

USD 0.0001 CLASS A COMMON

CFD

increasing a long position

3,948

49.7461 USD

USD 0.0001 CLASS A COMMON

CFD

increasing a long position

3,586

49.8428 USD

USD 0.0001 CLASS A COMMON

CFD

increasing a long position

53,157

49.9275 USD

USD 0.0001 CLASS A COMMON

CFD

increasing a short position

4,184

48.6976 USD

USD 0.0001 CLASS A COMMON

CFD

increasing a short position

25,077

48.7628 USD

USD 0.0001 CLASS A COMMON

CFD

increasing a short position

300

49.1067 USD

USD 0.0001 CLASS A COMMON

CFD

increasing a short position

1,000

49.2151 USD

USD 0.0001 CLASS A COMMON

CFD

increasing a short position

100

49.2800 USD

USD 0.0001 CLASS A COMMON

CFD

increasing a short position

100

49.3100 USD

USD 0.0001 CLASS A COMMON

CFD

increasing a short position

200

49.3200 USD

USD 0.0001 CLASS A COMMON

CFD

increasing a short position

22,615

49.4976 USD

USD 0.0001 CLASS A COMMON

CFD

increasing a short position

100

49.5400 USD

USD 0.0001 CLASS A COMMON

CFD

increasing a short position

100

49.5800 USD

USD 0.0001 CLASS A COMMON

CFD

increasing a short position

2,658

49.5886 USD

USD 0.0001 CLASS A COMMON

CFD

increasing a short position

200

49.6900 USD

USD 0.0001 CLASS A COMMON

CFD

increasing a short position

200

49.7101 USD

USD 0.0001 CLASS A COMMON

CFD

increasing a short position

700

49.7372 USD

USD 0.0001 CLASS A COMMON

CFD

increasing a short position

100

49.7900 USD

USD 0.0001 CLASS A COMMON

CFD

increasing a short position

100

49.9500 USD

USD 0.0001 CLASS A COMMON

CFD

increasing a short position

545

50.3917 USD

USD 0.0001 CLASS A COMMON

CFD

increasing a short position

56,742

50.5753 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a long position

7,763

48.7500 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a long position

1,198

49.3278 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a long position

40,387

49.3278 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a long position

2,637

49.3278 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a long position

830

49.3278 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a long position

1,861

49.3278 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a long position

1,307

49.3278 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a long position

4,094

49.3278 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a long position

83,588

49.9031 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a long position

63

49.9500 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a long position

27,055

50.5753 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a long position

615

50.5753 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a long position

955

50.5753 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a long position

2,995

50.5753 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a long position

56,742

50.5753 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a long position

1,362

50.5753 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a long position

1,949

50.5753 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a long position

876

50.5753 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a short position

56,742

36.6621 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a short position

10

48.7000 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a short position

1,032

48.7604 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a short position

3,795

49.0802 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a short position

17,050

49.5747 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a short position

2,958

49.6661 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a short position

8,416

49.8293 USD

USD 0.0001 CLASS A COMMON

CFD

reducing a short position

545

50.8800 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

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:

02 November 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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