Become a Member

Track your favourite stocks
Create & monitor portfolios
Daily portfolio value

Company	Chg	Chg %
Quickpicks
£	%
Add shares to your quickpicks to display them here!

Form 8.3 - Betfair Group Plc

12th Nov 2015 15:00

RNS Number : 5262F

Citadel Group

12 November 2015

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:	Citadel Group
(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 relates: Use a separate form for each offeror/offeree	Betfair Group Plc
(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: For an opening position disclosure, state the latest practicable date prior to the disclosure	11 November 2015
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A"	Yes - Paddy Power 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:	COMMON STOCK ISIN GB00BSPL1J93
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	1,838	0.00	0	0.00
(2) Cash-settled derivatives:	1,238,163	1.33	15,919	0.02
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	1,240,001	1.33	15,919	0.02

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 security	Purchase/sale	Number of securities	Price per unit
Common stock	Purchase	140	33.64
Common stock	Purchase	534	33.93
Common stock	Purchase	893	34.04
Common stock	Purchase	230	33.72
Common stock	Purchase	518	34.03
Common stock	Purchase	269	34
Common stock	Purchase	760	33.86
Common stock	Purchase	593	34.09
Common stock	Purchase	365	33.96
Common stock	Purchase	496	33.94
Common stock	Purchase	299	33.82
Common stock	Purchase	1,469	34.08
Common stock	Purchase	410	33.4
Common stock	Purchase	443	33.43
Common stock	Purchase	64	33.58
Common stock	Purchase	787	33.61
Common stock	Purchase	187	33.63
Common stock	Purchase	347	33.62
Common stock	Purchase	1,529	33.44
Common stock	Purchase	854	33.51
Common stock	Purchase	27	33.8
Common stock	Purchase	256	33.83
Common stock	Purchase	1,973	33.89
Common stock	Purchase	894	33.88
Common stock	Purchase	369	33.81
Common stock	Purchase	70	33.69
Common stock	Purchase	60	33.37
Common stock	Purchase	1,005	33.54
Common stock	Purchase	1,070	33.5
Common stock	Purchase	1,185	33.52
Common stock	Purchase	352	33.47
Common stock	Purchase	70	33.76
Common stock	Purchase	173	33.46
Common stock	Purchase	346	33.92
Common stock	Purchase	135	33.95
Common stock	Purchase	206	33.84
Common stock	Purchase	93	33.4225
Common stock	Purchase	273	33.45
Common stock	Purchase	965	33.53
Common stock	Purchase	321	33.85
Common stock	Purchase	60	33.77
Common stock	Purchase	992	33.87
Common stock	Purchase	853	33.9
Common stock	Purchase	76	33.35
Common stock	Purchase	754	33.42
Common stock	Purchase	440	33.56
Common stock	Purchase	90	33.71
Common stock	Purchase	607	33.49
Common stock	Purchase	34	33.6
Common stock	Purchase	709	33.48
Common stock	Purchase	270	33.66
Common stock	Purchase	500	33.41
Common stock	Purchase	607	33.68
Common stock	Purchase	637	33.65
Common stock	Purchase	289	33.39
Common stock	Purchase	63	33.38
Common stock	Purchase	180	33.97
Common stock	Purchase	100	33.98
Common stock	Purchase	960	33.75
Common stock	Purchase	600	33.74
Common stock	Purchase	1,481	33.91
Common stock	Purchase	1,045	34.06
Common stock	Purchase	13	33.73
Common stock	Purchase	1,731	34.05
Common stock	Purchase	490	34.02
Common stock	Purchase	1,650	34.07
Common stock	Purchase	94	33.99
Common stock	Purchase	1,952	34.01
Common stock	Purchase	56	34.11
Common stock	Purchase	1,346	34.12
Common stock	Purchase	168	34.17
Common stock	Purchase	742	34.1
Common stock	Purchase	575	34.13
Common stock	Purchase	243	34.14
Common stock	Purchase	70	33.5075
Common stock	Purchase	818	34.16
Common stock	Purchase	320	34.15
Common stock	Purchase	310	33.535
Common stock	Sale	-90	33.64
Common stock	Sale	-642	33.93
Common stock	Sale	-100	33.67
Common stock	Sale	-421	34.04
Common stock	Sale	-70	33.72
Common stock	Sale	-518	34.03
Common stock	Sale	-859	34
Common stock	Sale	-796	33.86
Common stock	Sale	-1,506	34.09
Common stock	Sale	-1,054	33.96
Common stock	Sale	-1,046	33.94
Common stock	Sale	-842	33.82
Common stock	Sale	-1,381	34.08
Common stock	Sale	-403	33.43
Common stock	Sale	-818	33.57
Common stock	Sale	-916	33.58
Common stock	Sale	-134	33.7
Common stock	Sale	-89	33.63
Common stock	Sale	-51	33.62
Common stock	Sale	-748	33.44
Common stock	Sale	-99	33.2
Common stock	Sale	-483	33.51
Common stock	Sale	-110	33.8
Common stock	Sale	-258	33.83
Common stock	Sale	-775	33.89
Common stock	Sale	-1,092	33.88
Common stock	Sale	-484	33.81
Common stock	Sale	-89	33.69
Common stock	Sale	-213	33.37
Common stock	Sale	-324	33.54
Common stock	Sale	-628	33.55
Common stock	Sale	-708	33.5
Common stock	Sale	-1,080	33.52
Common stock	Sale	-806	33.47
Common stock	Sale	-40	33.76
Common stock	Sale	-878	33.46
Common stock	Sale	-100	33.92
Common stock	Sale	-337	33.95
Common stock	Sale	-605	33.84
Common stock	Sale	-312	33.45
Common stock	Sale	-395	33.53
Common stock	Sale	-936	33.85
Common stock	Sale	-51	33.78
Common stock	Sale	-523	33.77
Common stock	Sale	-1,490	33.87
Common stock	Sale	-512	33.9
Common stock	Sale	-270	33.35
Common stock	Sale	-464	33.42
Common stock	Sale	-337	33.56
Common stock	Sale	-521	33.71
Common stock	Sale	-453	33.49
Common stock	Sale	-670	33.48
Common stock	Sale	-137	33.66
Common stock	Sale	-248	33.41
Common stock	Sale	-29	33.68
Common stock	Sale	-75	33.65
Common stock	Sale	-534	33.39
Common stock	Sale	-126	33.38
Common stock	Sale	-1,150	33.97
Common stock	Sale	-111	33.98
Common stock	Sale	-40	33.79
Common stock	Sale	-213	33.91
Common stock	Sale	-1,094	34.06
Common stock	Sale	-263	34.05
Common stock	Sale	-229	34.02
Common stock	Sale	-624	34.07
Common stock	Sale	-143	34.01
Common stock	Sale	-1,605	34.11
Common stock	Sale	-1,148	34.12
Common stock	Sale	-124	34.17
Common stock	Sale	-608	34.1
Common stock	Sale	-268	34.13
Common stock	Sale	-1,015	34.14
Common stock	Sale	-168	34.15
Common stock	Sale	-384	34.2
Common stock	Sale	-162	34.28

(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
Common stock	CFD	Reducing long position	-15,370	33.850969
Common stock	CFD	Reducing long position	-1,299	33.469176
Common stock	CFD	Reducing short position	-1,201	33.469351

(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"

(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"

Is a Supplemental Form 8 (Open Positions) attached?

Date of disclosure:	12 November 2015
Contact name:	Pauline Rogers
Telephone number:	020 7645 9708

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 [email protected]. 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.

This information is provided by RNS

The company news service from the London Stock Exchange

END

RETUUOURVWAAAAA

Related Shares:

FTSE 100 Latest

Value8,850.63

Change-34.29