Kite Lake Form 8.3 - Merlin Entertainment PLC

 
TIDMMERL 
 
 

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) Identity of the person        Kite Lake Capital Management (UK) LLP 
whose positions/dealings 
are being disclosed: 
(b) Owner or controller           Fund(s) for whom Kite Lake 
of interests and short            Capital Management 
positions disclosed, if           (UK) LLP is the Investment Manager 
different from 1(a): 
The naming of nominee or vehicle 
companies is insufficient 
(c) Name of offeror/offeree       Merlin Entertainments PLC 
in relation to whose 
relevant securities 
this form relates: 
Use a separate form for 
each offeror/offeree 
(d) If an exempt fund 
manager connected 
with an offeror/offeree, 
state this and specify identity 
of offeror/offeree: 
(e) Date position held/dealing    1st November 2019 
undertaken: 
(f) Has the discloser previously  No 
disclosed, 
or are they today disclosing, 
under the Code in respect of any 
other party to this offer? 
 
 

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(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        Ordinary Shares 
security:                Isin: GB00BDZT6P94 
 
 
                         Interests            Short positions 
                         Number     %         Number % 
(1) Relevant securities  0          0%        0      0 
owned 
and/or controlled: 
(2) Derivatives (other   11,974,661 1.17%     0      0 
than options): 
(3) Options and          0          0%        0      0 
agreements 
to purchase/sell: 
TOTAL:                   11,974,661 1.17%     0      0 
 
 
 

All interests and all short positions should be disclosed.

Details of any open derivative or option positions, 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 executive options)

 
Class of relevant security in relation 
to which subscription right exists: 
Details, including nature of the rights 
concerned and relevant percentages: 
 
 

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.

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

(a) Purchases and sales

 
Class of relevant  Purchase/sale Number of securities Price per unit 
security 
 
 

(b) Derivatives transactions (other than options)

 
Class of relevant  Product     Nature of           Number of reference Price per unit 
security           description dealing             securities 
                   e.g. CFD    e.g. 
                               opening/closing 
                               a 
                               long/short 
                               position, 
                               increasing/reducing 
                               a 
                               long/short 
                               position 
Ordinary Shares    CFD         Reducing            800,000             454.50 
                               a Long 
                               Position 
 
 

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

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

(ii) Exercising

 
Class of relevant  Product description Number of securities Exercise price 
security           e.g. call option                         per unit 
 
 

(d) Other dealings (including subscribing for new securities)

 
Class of relevant security  Nature of dealing  Details Price per unit (if 
                            e.g. subscription,         applicable) 
                            conversion 
 
 

The currency of all prices and other monetary amounts should be stated.

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.

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: 
If there are no such agreements, arrangements 
or understandings, state "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" 
 
 

(c) Attachments

 
Is a Supplemental Form 8 (Open Positions) attached?  NO 
 
 
Date of disclosure:  4th November 2019 
Contact name:        Lorenzo Farina 
Telephone number:    0207 052 8317 
 
 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [e-mail]. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on [phone].

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/20191104005428/en/

 
This information is provided by Business Wire 
 
 

(END) Dow Jones Newswires

November 04, 2019 10:00 ET (15:00 GMT)