Form 8.3 - DRAFTKINGS INC

·13 min read

LONDON, September 28, 2021--(BUSINESS WIRE)--

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:

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

DRAFTKINGS INC

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:

27 September 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

GVC HLDGS 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 0.0001 class A common

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

560,711

0.14%

559,598

0.14%

(2)

Cash-settled derivatives:

102,748,288

25.34%

41,892,230

10.33%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

2,087,485

0.51%

1,210,411

0.30%

TOTAL:

105,396,484

25.99%

43,662,239

10.77%

Class of relevant security:

Convertible Bond US26142RAA23

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

0

0.00%

442,000

0.11%

(2)

Cash-settled derivatives:

0

0.00%

0

0.00%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

0

0.00%

442,000

0.11%

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 0.0001 class A common

Purchase

10

51.2300 USD

USD 0.0001 class A common

Purchase

11

51.3500 USD

USD 0.0001 class A common

Purchase

19

51.5650 USD

USD 0.0001 class A common

Purchase

20

50.9700 USD

USD 0.0001 class A common

Purchase

31

51.2874 USD

USD 0.0001 class A common

Purchase

64

51.2400 USD

USD 0.0001 class A common

Purchase

100

51.3000 USD

USD 0.0001 class A common

Purchase

100

51.2700 USD

USD 0.0001 class A common

Purchase

100

51.4100 USD

USD 0.0001 class A common

Purchase

100

51.6000 USD

USD 0.0001 class A common

Purchase

100

51.6400 USD

USD 0.0001 class A common

Purchase

100

51.2800 USD

USD 0.0001 class A common

Purchase

132

51.6006 USD

USD 0.0001 class A common

Purchase

144

51.2346 USD

USD 0.0001 class A common

Purchase

155

51.1300 USD

USD 0.0001 class A common

Purchase

233

51.5873 USD

USD 0.0001 class A common

Purchase

260

51.2362 USD

USD 0.0001 class A common

Purchase

264

51.2553 USD

USD 0.0001 class A common

Purchase

288

51.4064 USD

USD 0.0001 class A common

Purchase

299

51.4010 USD

USD 0.0001 class A common

Purchase

330

51.2257 USD

USD 0.0001 class A common

Purchase

377

51.4065 USD

USD 0.0001 class A common

Purchase

390

51.2633 USD

USD 0.0001 class A common

Purchase

455

51.4500 USD

USD 0.0001 class A common

Purchase

707

51.5292 USD

USD 0.0001 class A common

Purchase

921

51.1721 USD

USD 0.0001 class A common

Purchase

956

51.2576 USD

USD 0.0001 class A common

Purchase

1,100

51.3045 USD

USD 0.0001 class A common

Purchase

2,456

51.3998 USD

USD 0.0001 class A common

Purchase

2,606

51.3076 USD

USD 0.0001 class A common

Purchase

3,442

51.4127 USD

USD 0.0001 class A common

Purchase

3,689

51.4075 USD

USD 0.0001 class A common

Purchase

5,954

51.2000 USD

USD 0.0001 class A common

Purchase

6,549

51.4409 USD

USD 0.0001 class A common

Purchase

6,802

51.3700 USD

USD 0.0001 class A common

Purchase

7,887

51.2156 USD

USD 0.0001 class A common

Purchase

9,634

51.2148 USD

USD 0.0001 class A common

Purchase

12,771

51.2817 USD

USD 0.0001 class A common

Purchase

18,164

51.2624 USD

USD 0.0001 class A common

Purchase

22,279

51.2424 USD

USD 0.0001 class A common

Purchase

29,207

51.3900 USD

USD 0.0001 class A common

Purchase

36,422

51.3891 USD

USD 0.0001 class A common

Purchase

48,166

51.3878 USD

USD 0.0001 class A common

Purchase

86,224

51.3580 USD

USD 0.0001 class A common

Purchase

106,630

51.3112 USD

USD 0.0001 class A common

Sale

3

51.3500 USD

USD 0.0001 class A common

Sale

7

51.3700 USD

USD 0.0001 class A common

Sale

9

50.9800 USD

USD 0.0001 class A common

Sale

12

51.0766 USD

USD 0.0001 class A common

Sale

14

51.2100 USD

USD 0.0001 class A common

Sale

18

51.4500 USD

USD 0.0001 class A common

Sale

20

51.5500 USD

USD 0.0001 class A common

Sale

24

51.6550 USD

USD 0.0001 class A common

Sale

99

51.1600 USD

USD 0.0001 class A common

Sale

100

51.3000 USD

USD 0.0001 class A common

Sale

200

51.3850 USD

USD 0.0001 class A common

Sale

207

51.6200 USD

USD 0.0001 class A common

Sale

213

51.3671 USD

USD 0.0001 class A common

Sale

288

51.3626 USD

USD 0.0001 class A common

Sale

306

51.1700 USD

USD 0.0001 class A common

Sale

396

51.4148 USD

USD 0.0001 class A common

Sale

400

51.4200 USD

USD 0.0001 class A common

Sale

528

51.5550 USD

USD 0.0001 class A common

Sale

579

51.2577 USD

USD 0.0001 class A common

Sale

700

51.5300 USD

USD 0.0001 class A common

Sale

700

51.2228 USD

USD 0.0001 class A common

Sale

1,000

51.3265 USD

USD 0.0001 class A common

Sale

1,039

51.3284 USD

USD 0.0001 class A common

Sale

1,549

51.3777 USD

USD 0.0001 class A common

Sale

1,639

51.2328 USD

USD 0.0001 class A common

Sale

1,651

51.4024 USD

USD 0.0001 class A common

Sale

2,040

51.3453 USD

USD 0.0001 class A common

Sale

2,122

51.2834 USD

USD 0.0001 class A common

Sale

2,549

51.3481 USD

USD 0.0001 class A common

Sale

2,746

51.3791 USD

USD 0.0001 class A common

Sale

3,110

51.1961 USD

USD 0.0001 class A common

Sale

3,300

51.5000 USD

USD 0.0001 class A common

Sale

4,764

51.3130 USD

USD 0.0001 class A common

Sale

5,403

51.2473 USD

USD 0.0001 class A common

Sale

5,461

51.2865 USD

USD 0.0001 class A common

Sale

6,830

51.3825 USD

USD 0.0001 class A common

Sale

7,871

51.2401 USD

USD 0.0001 class A common

Sale

8,958

51.3529 USD

USD 0.0001 class A common

Sale

8,963

51.2044 USD

USD 0.0001 class A common

Sale

13,296

51.2676 USD

USD 0.0001 class A common

Sale

18,447

51.2428 USD

USD 0.0001 class A common

Sale

36,441

51.3892 USD

USD 0.0001 class A common

Sale

39,759

51.3818 USD

USD 0.0001 class A common

Sale

55,035

51.3679 USD

USD 0.0001 class A common

Sale

76,040

51.3900 USD

USD 0.0001 class A common

Sale

100,873

51.2841 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

(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:

28 Sep 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

DRAFTKINGS INC

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 0.0001 class A common

Call Options

Written

-39,996

50.0000

American

15 Oct 2021

USD 0.0001 class A common

Call Options

Written

-35,500

55.0000

American

21 Jan 2022

USD 0.0001 class A common

Call Options

Written

-33,835

70.0000

American

20 Jan 2023

USD 0.0001 class A common

Call Options

Written

-31,007

65.0000

American

20 Jan 2023

USD 0.0001 class A common

Call Options

Written

-20,503

65.0000

American

21 Jan 2022

USD 0.0001 class A common

Call Options

Written

-16,059

55.0000

American

20 Jan 2023

USD 0.0001 class A common

Call Options

Written

-14,443

60.0000

American

20 Jan 2023

USD 0.0001 class A common

Call Options

Written

-7,373

45.0000

American

19 Nov 2021

USD 0.0001 class A common

Call Options

Written

-6,363

50.0000

American

21 Jan 2022

USD 0.0001 class A common

Call Options

Written

-707

40.0000

American

21 Jan 2022

USD 0.0001 class A common

Call Options

Written

-101

60.0000

American

21 Jan 2022

USD 0.0001 class A common

Put Options

Purchased

-223,800

35.0000

American

15 Oct 2021

USD 0.0001 class A common

Put Options

Purchased

-212,400

55.0000

American

21 Jan 2022

USD 0.0001 class A common

Put Options

Purchased

-211,100

45.0000

American

20 Jan 2023

USD 0.0001 class A common

Put Options

Purchased

-85,700

40.0000

American

19 Nov 2021

USD 0.0001 class A common

Put Options

Purchased

-76,200

45.0000

American

15 Oct 2021

USD 0.0001 class A common

Put Options

Purchased

-63,963

50.0000

American

21 Jan 2022

USD 0.0001 class A common

Put Options

Purchased

-61,085

40.0000

American

20 Jan 2023

USD 0.0001 class A common

Put Options

Purchased

-30,000

60.0000

American

19 Nov 2021

USD 0.0001 class A common

Put Options

Purchased

-22,601

60.0000

American

21 Jan 2022

USD 0.0001 class A common

Put Options

Purchased

-16,968

65.0000

American

21 Jan 2022

USD 0.0001 class A common

Put Options

Purchased

-707

40.0000

American

21 Jan 2022

USD 0.0001 class A common

Put Options

Written

9,999

55.0000

American

20 Jan 2023

USD 0.0001 class A common

Put Options

Written

22,500

60.0000

American

21 Jan 2022

USD 0.0001 class A common

Put Options

Written

23,230

60.0000

American

19 Nov 2021

USD 0.0001 class A common

Put Options

Written

30,300

60.0000

American

15 Oct 2021

USD 0.0001 class A common

Put Options

Written

45,248

45.0000

American

19 Nov 2021

USD 0.0001 class A common

Put Options

Written

50,500

60.0000

American

15 Jul 2022

USD 0.0001 class A common

Put Options

Written

57,600

50.0000

American

21 Jan 2022

USD 0.0001 class A common

Put Options

Written

76,200

45.0000

American

15 Oct 2021

USD 0.0001 class A common

Put Options

Written

98,071

50.0000

American

20 Jan 2023

USD 0.0001 class A common

Put Options

Written

111,403

60.0000

American

20 Jan 2023

USD 0.0001 class A common

Put Options

Written

113,778

40.0000

American

19 Nov 2021

USD 0.0001 class A common

Put Options

Written

141,400

55.0000

American

19 Nov 2021

USD 0.0001 class A common

Put Options

Written

201,596

45.0000

American

21 Jan 2022

USD 0.0001 class A common

Put Options

Written

202,000

45.0000

American

14 Apr 2022

USD 0.0001 class A common

Put Options

Written

204,000

40.0000

American

20 Jan 2023

USD 0.0001 class A common

Put Options

Written

223,800

35.0000

American

15 Oct 2021

USD 0.0001 class A common

Put Options

Written

228,400

55.0000

American

21 Jan 2022

USD 0.0001 class A common

Put Options

Written

247,460

45.0000

American

20 Jan 2023

Call Options

Purchased

9,502,950

0.0001

European

5 Aug 2024

Call Options

Purchased

9,502,950

50.4800

European

5 Aug 2024

Call Options

Purchased

20,922,615

56.6600

European

30 Apr 2024

Call Options

Purchased

20,922,615

0.0001

European

30 Apr 2024

Call Options

Purchased

41,892,230

European

30 Apr 2024

Call Options

Written

-41,892,230

European

30 Apr 2024

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/20210928005824/en/

Contacts

BARCLAYS PLC

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