13th Sep 2012 15:22
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This form is intended to make a RIS notification required by DTR 3.1.4.
(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.
1. Name of the issuer | BETFAIR GROUP PLC |
2. State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006): | NOTIFICATION IS MADE IN ACCORDANCE WITH DTR 3.1.2 R |
3. Name of person discharging managerial responsibilities/director: | MARTIN CRUDDACE |
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person: | N/A |
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest: | NOTIFICATION IS MADE IN RESPECT OF THE PERSON REFERRED TO IN 3 ABOVE |
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares: | (1) 13,712 OPTIONS (BETSHARE PERFORMANCE PLAN 2009) (2) 7,000 OPTIONS (UNAPPROVED COMPANY SHARE OPTION PLAN 2004)
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7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them: | MARTIN CRUDDACE |
8. State the nature of the transaction: | (1) EXERCISE AND SALE OF 13,712 OPTIONS UNDER THE BETSHARE PERFORMANCE PLAN 2009.
(2) EXERCISE AND SALE OF 7,000 OPTIONS UNDER THE SPORTING EXCHANGE LIMITED UNAPPROVED SHARE OPTION PLAN 2004. |
9. Number of shares, debentures or financial instruments relating to shares acquired: | A TOTAL OF 20,712 OPTIONS WERE ACQUIRED AT THE POINT OF EXERCISE AND SUBSEQUENTLY DISPOSED. |
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage): | 0.02% |
11. Number of shares, debentures or financial instruments relating to shares disposed: | SEE 9 ABOVE. |
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage): | 0.02% |
13. Price per share or value of transaction: | (1) 13,712 were sold at £7.45 (2) 7,000 were sold at £7.465
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14. Date and place of transaction: | 13 SEPTEMBER 2012, LONDON |
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage): | The total holding of Martin Cruddace when aggregated with the holding of a connected person (his spouse, Caroline Cruddace) is 5,200 ordinary shares representing 0.005% of the current issued share capital.
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16. Date issuer informed of transaction: | 13 SEPTEMBER 2012 |
23. Any additional information: | (1) 13,712 options under the BETShare Performance Plan 2009 granted on 9 October 2009 and capable of exercise from 9 October 2010 to 8 October 2014. The exercise price was £0.001.
(2) 7,000 options under The Sporting Exchange Limited Unapproved Share Option Plan 2004 granted on 5 July 2004 and capable of exercise from 5 July 2005 to 4 July 2014. The exercise price was £2.71. |
24. Name of contact and telephone number for queries: | LAURA KNIGHT, DEPUTY COMPANY SECRETARY 020 8834 8000 |
Name of authorised official of issuer responsible for making notification: | LAURA KNIGHT, DEPUTY COMPANY SECRETARY
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Date of notification: | 13 SEPTEMBER 2012 |
Related Shares:
BET.L