Form 8.3 - ENT LN Equity 06-JANUARY-21 Decrease...

Form 8.3 - ENT LN Equity 06-JANUARY-21 Decrease Traded Position

NBC GLOBAL

FORM 8.3

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 :	NBC Global Finance Limited LEI: 549300KWU8YQOYSK5Y64
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): T he naming of nominee or vehicle companies is insufficient . For a trust, the trustee(s), settlor and beneficiaries must be named.	National Bank of Canada
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	Entain PLC
(d) If an exempt fund manager connected with an offeror/offeree, state this and speci fy id entity of offeror/offeree :	N/A
(e) Date position held/dealing undertaken: For an opening position disclosure, state the la test practicable date prior to the disclosure	06 January 2020
(f ) In addition to the company in 1(c) above , is the discloser ma k i ng disclosures in respect of any other party to the offer ? If it is a cash offer or possible cash offer , state “N /A ”	No

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class o f 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 sec urities of the offeror or offeree to which the di s c losure relates following the dealing (if any)

Class of relevant security:	1P ORDINARY
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	7,351,461	1. 26 %
(2) Cash-settled derivatives :			7,351,461	1. 26 %
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	7,351,461	1. 26 %	7,351,461	1. 26 %

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (inclu di n g 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 securit y i n relation to which subscription right exists:	N/A
Details , including nature of the rights concerned and relevant percentages:	N/A

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of rel ev a nt 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 s a les

Class of relevant security	Purchase/sale	Number of securities	Price per unit
1P ORDINARY	Sale	1,250,000	19.643 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 , inc re a sing/reducing a long / short position	Number of reference securities	Price per unit
1P ORDINARY	TOTAL RETURN SWAP	DECREASING A SHORT POSITION	1,250,000	19.643 USD

(c) Stock-settled derivative transactions (including o ptions )

(i) Writing, selling, purchasing or varying

.

Class of relevant security	Product description e . g . ca ll option	Writing, purchasing, selling, varying etc.	Number of s ecurities to which option relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit

(ii) Exercis e

Class of relevant securit y	P roduct 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, conver si o n	Details	Price per unit (if applicable)

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

D etails of any indemnity or option arrangement , or any agreement or understanding , formal or informal, relating to relevant securities wh i ch 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 in cl u ded. If there are no such agreements, arrangements or understandings , state “ none ”

None

(b) Agreements, arrangements or understandings relating to options or derivatives

D etails of any agreement, arrangement or understanding , formal or informal, be t ween 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 r e ferenced : If there are no such agreements, arrangements or understandings , state “ none ”

None

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:	0 7 January 20 2 1
Contact name:	Luyi Zhang
Telephone number:	3 53-1- 605-98 18

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Servic e.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on [phone].

Th e 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/20210107005656/en/