TIDMENT

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          ENTAIN PLC (OFFEREE) 
 relates: 
 Use a separate form for each offeror/offeree 
                                                                                        ------------------------------ 
 (d) Is the discloser the offeror or the offeree?                                        OFFEREE 
                                                                                        ------------------------------ 
 (e) Date position held:                                                                 4 OCTOBER 2021 
  The latest practicable date prior to the disclosure 
                                                                                        ------------------------------ 
 (f) In addition to the company in 1(c) above, is the discloser making disclosures in    YES: DRAFTKINGS INC (OFFEROR) 
 respect 
 of any other party to the offer? 
 If it is a cash offer or possible cash offer, state "N/A" 
                                                                                        ------------------------------ 
 
   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           Number of ordinary   % of issued ordinary 
         / close relatives         shares               share capital* 
         / related trusts 
        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   Date of      Award price   Vesting date 
                                   shares               grant        (pence) 
        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   Date of      Award price   Vesting date 
                     Shares             grant        (pence) 
        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   % of issued ordinary 
                                 shares               share capital** 
        Parametric Portfolio 
          Associates LLC***          256,876                0.0438 
                               -------------------  --------------------- 
 
        Entain concert party    Number of American     % of issued ordinary 
                                 depositary receipts    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:      +44 7929 850134 
                       ------------------------------- 
 

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.

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

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