Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Director/PDMR Shareholding

5th Jan 2012 11:49

RNS Number : 0628V
Betfair Group PLC
05 January 2012
 



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) 2,631 ORDINARY SHARES

(2) 4,463 OPTIONS (APPROVED COMPANY SHARE OPTION PLAN)

(3) 22,500 OPTIONS (BETSHARE PERFORMANCE PLAN)

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) SALE OF 2,631 ORDINARY SHARES HELD BENEFICIALLY.

 

(2) EXERCISE AND SALE OF 4,463 OPTIONS UNDER THE SPORTING EXCHANGE LIMITED APPROVED SHARE OPTION PLAN.

 

(3) EXERCISE AND SALE OF A TOTAL OF 22,500 OPTIONS UNDER THE FOLLOWING SCHEMES:

BETSHARE PERFORMANCE PLAN 2007

BETSHARE PERFORMANCE PLAN 2008

BETSHARE PERFORMANCE PLAN 2009

9. Number of shares, debentures or financial instruments relating to shares acquired:

A TOTAL OF 26,963 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):

0.0257%

11. Number of shares, debentures or financial instruments relating to shares disposed:

 29,594 ORDINARY SHARES

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage):

0.0283%

13. Price per share or value of transaction:

 

(1) 2,631 AT £8.112

(2) 4,463 AT £8.125

(3) 6,000 AT £8.125, 16,000 AT £8.13 AND 500 AT £8.12

 

14. Date and place of transaction:

4 JANUARY 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 RESULTANT HOLDING OF MARTIN CRUDDACE IS 2,600 ORDINARY SHARES REPRESENTING 0.0024% OF THE CURRENT ISSUED SHARE CAPITAL.

 

16. Date issuer informed of transaction:

4 JANUARY 2012

23. Any additional information:

N/A

24. Name of contact and telephone number for queries:

LAURA KNIGHT - +44 20 8834 8000

Name of authorised official of issuer responsible for making notification:

MARTIN CRUDDACE

Date of notification:

5 JANUARY 2012

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSSSWFFIFESELF

Related Shares:

BET.L
FTSE 100 Latest
Value9,179.15
Change1.91