FORM 8.3 - DRAFTKINGS INC

·14 min read

LONDON, September 24, 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:

23 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:

532,019

0.13%

537,281

0.13%

(2)

Cash-settled derivatives:

102,783,788

25.48%

41,892,230

10.38%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

2,087,485

0.52%

1,210,411

0.30%

TOTAL:

105,403,292

26.13%

43,639,922

10.82%

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

9

52.5900 USD

USD 0.0001 class A common

Purchase

40

52.2100 USD

USD 0.0001 class A common

Purchase

72

53.4400 USD

USD 0.0001 class A common

Purchase

100

51.6300 USD

USD 0.0001 class A common

Purchase

100

51.6850 USD

USD 0.0001 class A common

Purchase

100

51.9650 USD

USD 0.0001 class A common

Purchase

100

51.9250 USD

USD 0.0001 class A common

Purchase

147

52.9568 USD

USD 0.0001 class A common

Purchase

154

53.0103 USD

USD 0.0001 class A common

Purchase

154

52.9993 USD

USD 0.0001 class A common

Purchase

155

52.4054 USD

USD 0.0001 class A common

Purchase

168

52.5384 USD

USD 0.0001 class A common

Purchase

172

52.8612 USD

USD 0.0001 class A common

Purchase

214

52.6914 USD

USD 0.0001 class A common

Purchase

226

52.4825 USD

USD 0.0001 class A common

Purchase

249

52.7748 USD

USD 0.0001 class A common

Purchase

272

53.1279 USD

USD 0.0001 class A common

Purchase

277

52.9603 USD

USD 0.0001 class A common

Purchase

300

51.8500 USD

USD 0.0001 class A common

Purchase

337

53.1851 USD

USD 0.0001 class A common

Purchase

360

53.0000 USD

USD 0.0001 class A common

Purchase

367

53.3650 USD

USD 0.0001 class A common

Purchase

369

51.8355 USD

USD 0.0001 class A common

Purchase

800

51.8300 USD

USD 0.0001 class A common

Purchase

844

53.3064 USD

USD 0.0001 class A common

Purchase

855

52.0125 USD

USD 0.0001 class A common

Purchase

900

51.6400 USD

USD 0.0001 class A common

Purchase

1,113

52.0317 USD

USD 0.0001 class A common

Purchase

1,426

53.4585 USD

USD 0.0001 class A common

Purchase

1,694

52.0690 USD

USD 0.0001 class A common

Purchase

2,143

52.4442 USD

USD 0.0001 class A common

Purchase

3,587

52.9675 USD

USD 0.0001 class A common

Purchase

6,466

53.1189 USD

USD 0.0001 class A common

Purchase

8,349

52.0033 USD

USD 0.0001 class A common

Purchase

8,724

51.7500 USD

USD 0.0001 class A common

Purchase

8,903

51.7582 USD

USD 0.0001 class A common

Purchase

11,692

52.9412 USD

USD 0.0001 class A common

Purchase

13,223

52.4914 USD

USD 0.0001 class A common

Purchase

17,638

52.3789 USD

USD 0.0001 class A common

Purchase

22,093

52.1042 USD

USD 0.0001 class A common

Purchase

30,365

52.1924 USD

USD 0.0001 class A common

Purchase

38,693

52.4312 USD

USD 0.0001 class A common

Purchase

40,272

52.7387 USD

USD 0.0001 class A common

Purchase

41,241

52.4596 USD

USD 0.0001 class A common

Purchase

48,101

52.7975 USD

USD 0.0001 class A common

Purchase

135,775

52.8128 USD

USD 0.0001 class A common

Purchase

162,950

52.4417 USD

USD 0.0001 class A common

Sale

1

51.9700 USD

USD 0.0001 class A common

Sale

11

52.3327 USD

USD 0.0001 class A common

Sale

25

53.2616 USD

USD 0.0001 class A common

Sale

42

53.4100 USD

USD 0.0001 class A common

Sale

44

52.6095 USD

USD 0.0001 class A common

Sale

76

52.4565 USD

USD 0.0001 class A common

Sale

79

53.2169 USD

USD 0.0001 class A common

Sale

80

52.4922 USD

USD 0.0001 class A common

Sale

100

51.6300 USD

USD 0.0001 class A common

Sale

100

51.8200 USD

USD 0.0001 class A common

Sale

105

53.3959 USD

USD 0.0001 class A common

Sale

116

52.3012 USD

USD 0.0001 class A common

Sale

118

52.4279 USD

USD 0.0001 class A common

Sale

122

52.5440 USD

USD 0.0001 class A common

Sale

132

52.4325 USD

USD 0.0001 class A common

Sale

134

52.3404 USD

USD 0.0001 class A common

Sale

190

53.3469 USD

USD 0.0001 class A common

Sale

215

52.5576 USD

USD 0.0001 class A common

Sale

249

52.7748 USD

USD 0.0001 class A common

Sale

300

53.2140 USD

USD 0.0001 class A common

Sale

335

52.9919 USD

USD 0.0001 class A common

Sale

350

53.2215 USD

USD 0.0001 class A common

Sale

383

52.9678 USD

USD 0.0001 class A common

Sale

400

53.3887 USD

USD 0.0001 class A common

Sale

500

53.1600 USD

USD 0.0001 class A common

Sale

622

53.1574 USD

USD 0.0001 class A common

Sale

900

51.6400 USD

USD 0.0001 class A common

Sale

976

53.2147 USD

USD 0.0001 class A common

Sale

1,013

52.0526 USD

USD 0.0001 class A common

Sale

1,179

52.7550 USD

USD 0.0001 class A common

Sale

1,258

53.4575 USD

USD 0.0001 class A common

Sale

1,300

51.9284 USD

USD 0.0001 class A common

Sale

1,400

53.4578 USD

USD 0.0001 class A common

Sale

1,409

53.3140 USD

USD 0.0001 class A common

Sale

3,219

53.3647 USD

USD 0.0001 class A common

Sale

4,200

52.2701 USD

USD 0.0001 class A common

Sale

4,482

52.6833 USD

USD 0.0001 class A common

Sale

5,147

53.0424 USD

USD 0.0001 class A common

Sale

5,229

53.1612 USD

USD 0.0001 class A common

Sale

5,305

52.4228 USD

USD 0.0001 class A common

Sale

6,939

52.3685 USD

USD 0.0001 class A common

Sale

7,174

52.9186 USD

USD 0.0001 class A common

Sale

8,724

51.7500 USD

USD 0.0001 class A common

Sale

9,144

52.2748 USD

USD 0.0001 class A common

Sale

9,258

51.7809 USD

USD 0.0001 class A common

Sale

11,252

52.2794 USD

USD 0.0001 class A common

Sale

11,591

52.8675 USD

USD 0.0001 class A common

Sale

12,146

52.7423 USD

USD 0.0001 class A common

Sale

14,727

52.4236 USD

USD 0.0001 class A common

Sale

17,562

51.7679 USD

USD 0.0001 class A common

Sale

17,582

53.0399 USD

USD 0.0001 class A common

Sale

26,489

52.4789 USD

USD 0.0001 class A common

Sale

30,852

52.1995 USD

USD 0.0001 class A common

Sale

39,188

52.4031 USD

USD 0.0001 class A common

Sale

55,851

52.7972 USD

USD 0.0001 class A common

Sale

65,744

52.7862 USD

USD 0.0001 class A common

Sale

226,120

52.5148 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:

24 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/20210924005427/en/

Contacts

BARCLAYS PLC

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