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Form 8.3 - Betfair Group Plc

3rd Nov 2015 15:00

RNS Number : 3621E
Citadel Group
03 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

2 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:

0

0.00

2,719

0.00

(2) Cash-settled derivatives:

 

1,303,747

1.40

16,722

 

0.02

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

 

TOTAL:

1,303,747

1.40

19,441

 

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

51

31.8

Common stock

Purchase

89

32.2

Common stock

Purchase

75

32.12

Common stock

Purchase

1,115

32.1

Common stock

Purchase

149

32.15

Common stock

Purchase

665

32.09

Common stock

Purchase

40

32.11

Common stock

Purchase

735

32.07

Common stock

Purchase

512

32.06

Common stock

Purchase

31

32.33

Common stock

Purchase

78

32.25

Common stock

Purchase

827

31.98

Common stock

Purchase

1,748

31.99

Common stock

Purchase

1,749

31.97

Common stock

Purchase

575

32.16

Common stock

Purchase

258

31.88

Common stock

Purchase

1,314

31.74

Common stock

Purchase

426

31.71

Common stock

Purchase

35

31.64

Common stock

Purchase

548

32.03

Common stock

Purchase

1,624

32.05

Common stock

Purchase

174

32.24

Common stock

Purchase

489

32.23

Common stock

Purchase

179

32.28

Common stock

Purchase

20

32.41

Common stock

Purchase

65

32.43

Common stock

Purchase

129

32.38

Common stock

Purchase

857

31.91

Common stock

Purchase

519

31.92

Common stock

Purchase

1,534

31.96

Common stock

Purchase

767

32.04

Common stock

Purchase

694

32

Common stock

Purchase

981

31.94

Common stock

Purchase

1,626

31.95

Common stock

Purchase

78

31.77

Common stock

Purchase

83

31.63

Common stock

Purchase

37

32.22

Common stock

Purchase

1,228

32.02

Common stock

Purchase

24

31.69

Common stock

Purchase

314

31.82

Common stock

Purchase

436

31.93

Common stock

Purchase

197

31.84

Common stock

Purchase

54

31.85

Common stock

Purchase

315

31.79

Common stock

Purchase

829

31.9

Common stock

Purchase

131

32.08

Common stock

Purchase

265

31.72

Common stock

Purchase

35

31.73

Common stock

Purchase

288

32.01

Common stock

Purchase

203

31.87

Common stock

Purchase

290

31.83

Common stock

Purchase

436

31.86

Common stock

Purchase

54

31.68

Common stock

Purchase

340

31.89

Common stock

Purchase

274

31.76

Common stock

Purchase

423

31.75

Common stock

Purchase

569

32.21

Common stock

Purchase

221

32.36

Common stock

Purchase

315

32.37

Common stock

Purchase

35

32.35

Common stock

Purchase

435

32.27

Common stock

Purchase

280

32.34

Common stock

Purchase

370

32.4

Common stock

Purchase

520

32.26

Common stock

Purchase

695

32.3

Common stock

Purchase

77

32.29

Common stock

Sale

-303

31.8

Common stock

Sale

-45

32.2

Common stock

Sale

-25

32.46

Common stock

Sale

-565

32.12

Common stock

Sale

-498

32.1

Common stock

Sale

-8

32.15

Common stock

Sale

-1,184

32.09

Common stock

Sale

-621

32.11

Common stock

Sale

-230

32.13

Common stock

Sale

-61

32.07

Common stock

Sale

-789

32.06

Common stock

Sale

-775

32.14

Common stock

Sale

-67

32.33

Common stock

Sale

-854

32.25

Common stock

Sale

-229

32.32

Common stock

Sale

-230

31.78

Common stock

Sale

-556

31.98

Common stock

Sale

-2,255

31.99

Common stock

Sale

-723

31.97

Common stock

Sale

-46

32.16

Common stock

Sale

-141

31.88

Common stock

Sale

-87

31.74

Common stock

Sale

-2,378

31.7

Common stock

Sale

-801

31.71

Common stock

Sale

-334

31.81

Common stock

Sale

-1,014

32.03

Common stock

Sale

-41

32.05

Common stock

Sale

-59

32.19

Common stock

Sale

-155

32.24

Common stock

Sale

-110

32.23

Common stock

Sale

-20

32.44

Common stock

Sale

-74

32.41

Common stock

Sale

-40

32.43

Common stock

Sale

-32

32.47

Common stock

Sale

-156

32.39

Common stock

Sale

-502

31.91

Common stock

Sale

-175

31.92

Common stock

Sale

-361

31.96

Common stock

Sale

-676

32.04

Common stock

Sale

-136

32.17

Common stock

Sale

-2,080

32

Common stock

Sale

-217

31.94

Common stock

Sale

-335

31.95

Common stock

Sale

-22

31.77

Common stock

Sale

-165

32.22

Common stock

Sale

-125

32.02

Common stock

Sale

-117

31.69

Common stock

Sale

-20

31.82

Common stock

Sale

-568

31.93

Common stock

Sale

-229

31.84

Common stock

Sale

-518

31.85

Common stock

Sale

-50

31.79

Common stock

Sale

-438

31.9

Common stock

Sale

-280

32.08

Common stock

Sale

-189

31.72

Common stock

Sale

-500

31.73

Common stock

Sale

-284

32.01

Common stock

Sale

-651

31.87

Common stock

Sale

-363

31.86

Common stock

Sale

-135

31.68

Common stock

Sale

-5,353

31.89

Common stock

Sale

-530

31.76

Common stock

Sale

-470

31.75

Common stock

Sale

-68

32.36

Common stock

Sale

-180

32.37

Common stock

Sale

-16

32.35

Common stock

Sale

-342

32.27

Common stock

Sale

-650

32.34

Common stock

Sale

-16

32.31

Common stock

Sale

-20

32.4

Common stock

Sale

-198

32.26

Common stock

Sale

-616

32.3

 

 

 

 

 

 

(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

Increasing long position

2,611

31.956373

Common stock

CFD

Reducing long position

-1,950

31.998164

Common stock

CFD

Reducing long position

-2,110

31.998114

 

 

 

(c) Stock-settled derivative transactions (including options)

 

(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"

 

 

 

(c) Attachments

 

Is a Supplemental Form 8 (Open Positions) attached?

NO

 

 

Date of disclosure:

3 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
 
 
RETUOUARVOAARAA

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