Form 8 (OPD) (Entain PLC / DraftKings Inc)

RNS Number : 0777O

Entain PLC

05 October 2021

 

FORM 8 (OPD)

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER

Rules 8.1 and 8.2 of the Takeover Code (the "Code")

1.  KEY INFORMATION

(a) Full name of discloser:	ENTAIN PLC
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):   The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:   Use a separate form for each offeror/offeree	ENTAIN PLC (OFFEREE)
(d) Is the discloser the offeror or the offeree?	OFFEREE
(e) Date position held:   The latest practicable date prior to the disclosure	4 OCTOBER 2021
(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?   If it is a cash offer or possible cash offer, state "N/A"	YES: DRAFTKINGS INC (OFFEROR)

2.  POSITIONS OF THE PARTY TO THE OFFER 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

Class of relevant security:	ORDINARY SHARES
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	Nil	0.000	Nil	0.000
(2) Cash-settled derivatives:	Nil	0.000	Nil	0.000
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	Nil	0.000	Nil	0.000
TOTAL:	Nil	0.000	Nil	0.000

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).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

(b)  Rights to subscribe for new securities

Class of relevant security in relation to which subscription right exists:	NONE
Details, including nature of the rights concerned and relevant percentages:	NONE

3.  POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE

Details of any interests, short positions and rights to subscribe (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure:

1.  Interests held by directors of Entain and their close relatives and related trusts (excluding the options and awards set out below): Entain director / close relatives / related trusts Number of ordinary shares % of issued ordinary share capital* Jette Nygaard-Andersen 9,900 0.00169 Rob Wood 18,000 0.00307 John Wood (Rob Wood's father) 1,000 0.00017 Wood Family Trust (Rob Wood's father's trust for the benefit of family members) 6,500 0.00111 Robert Hoskin 12,010 0.00205 Sian Hoskin (wife of Robert Hoskin) 486 0.00008 Barry Gibson 27,210 0.00464 Brenda Gibson (wife of Barry Gibson) 39,277 0.00670 Pierre Bouchut 38,500 0.00657 Peter Isola 36,135 0.00616 Virginia McDowell 15,000 0.00256 Sandeep Tiku 8,972 0.00153   *Figures are rounded to 5 decimal places. 2. Options and awards held by directors of Entain in Entain shares: Long Term Incentive Plan, Restricted Stock Awards and Conditional Share Awards Director Number of ordinary shares Date of grant Award price (pence) Vesting date Robert Hoskin 56,939 20/09/2018 0 20/09/2021 Robert Hoskin 180,886 26/03/2019 0 26/03/2022 Robert Hoskin 119,160 10/06/2020 0 10/06/2023 Robert Hoskin 65,573 24/03/2021 0 24/03/2024 Sian Hoskin (wife of Robert Hoskin) 2,545 10/06/2020 0 10/06/2023 Sian Hoskin (wife of Robert Hoskin) 1,393 24/03/2021 0 24/03/2024 Rob Wood 27,519 20/09/2018 0 20/09/2021 Rob Wood 197,044 26/03/2019 0 26/03/2022 Rob Wood 136,803 10/06/2020 0 10/06/2023 Rob Wood 86,065 24/03/2021 0 24/03/2024 Jette Nygaard-Andersen 147,540 24/03/2021 0 24/03/2024 Sandeep Tiku 13,755 28/12/2017 0 28/12/2020 Sandeep Tiku 72,235 26/03/2019 0 26/03/2022 Sandeep Tiku 52,090 10/06/2020 0 10/06/2023 Sandeep Tiku 49,180 24/03/2021 0 24/03/2024 Deferred Bonus Plan Director Number of Entain Shares Date of grant Award price (pence) Vesting date Rob Wood 39,067 10/06/2020 0 10/06/2023 3. Interests held by connected advisors of Entain in Entain: Entain concert party Number of ordinary shares % of issued ordinary share capital** Parametric Portfolio Associates LLC*** 256,876 0.0438 Entain concert party Number of American depositary receipts % of issued ordinary share capital** Parametric Portfolio Associates LLC*** 309,100 0.0528 **Figures are rounded to 4 decimal places. *** Position as at the close of business on 1 October 2021.

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).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

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 party to the offer making the disclosure or any person acting in concert with it: 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 party to the offer making the disclosure, or any person acting in concert with it, 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

Are any Supplemental Forms attached?

Supplemental Form 8 (Open Positions)	NO
Supplemental Form 8 (SBL)	NO

Date of disclosure:	5 October 2021
Contact name:	Emily Carey, Company Secretary
Telephone number:	[phone]

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 [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk .

 

END

 

 

FEEFSEFSIEFSEDS