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Form 8.3 - Betfair Group Plc

27th Jan 2016 15:00

RNS Number : 1447N

Citadel Group

27 January 2016

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	26 January 2016
(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:	212	0.00	0	0.00
(2) Cash-settled derivatives:	1,032,391	1.11	17,122	0.02
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	1,032,603	1.11	17,122	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	46	40.68
Common stock	Purchase	349	41.51
Common stock	Purchase	265	41
Common stock	Purchase	977	41.5
Common stock	Purchase	378	41.25
Common stock	Purchase	599	41.62
Common stock	Purchase	178	41.64
Common stock	Purchase	168	41.53
Common stock	Purchase	690	41.27
Common stock	Purchase	391	40.99
Common stock	Purchase	73	41.05
Common stock	Purchase	85	39.94
Common stock	Purchase	99	39.95
Common stock	Purchase	240	40.35
Common stock	Purchase	161	40.44
Common stock	Purchase	198	40.49
Common stock	Purchase	550	40.54
Common stock	Purchase	70	40.39
Common stock	Purchase	112	40.33
Common stock	Purchase	150	40.42
Common stock	Purchase	50	40.4
Common stock	Purchase	544	40.7
Common stock	Purchase	27	40.47
Common stock	Purchase	108	40.03
Common stock	Purchase	128	40.61
Common stock	Purchase	226	40.52
Common stock	Purchase	73	40.38
Common stock	Purchase	28	40.55
Common stock	Purchase	148	40.46
Common stock	Purchase	53	40.53
Common stock	Purchase	304	40.6
Common stock	Purchase	127	40.43
Common stock	Purchase	74	40.51
Common stock	Purchase	2,872	41.55
Common stock	Purchase	4,440	41.26
Common stock	Purchase	1,641	41.68
Common stock	Purchase	4,265	41.48
Common stock	Purchase	1,357	41.47
Common stock	Purchase	995	41.49
Common stock	Purchase	3,284	41.56
Common stock	Purchase	1,089	41.28
Common stock	Purchase	3,130	41.54
Common stock	Purchase	6,775	41.71
Common stock	Purchase	117	41.63
Common stock	Purchase	1,429	41.67
Common stock	Purchase	88	41.74
Common stock	Purchase	675	41.57
Common stock	Purchase	133	41.73
Common stock	Purchase	127	40.78
Common stock	Purchase	3,325	41.61
Common stock	Purchase	145	41.43
Common stock	Purchase	909	41.29
Common stock	Purchase	3,028	41.72
Common stock	Purchase	150	41.33
Common stock	Purchase	631	41.31
Common stock	Purchase	157	40.82
Common stock	Purchase	80	40.72
Common stock	Purchase	549	41.3
Common stock	Purchase	112	40.95
Common stock	Purchase	916	41.46
Common stock	Purchase	178	41.45
Common stock	Purchase	834	41.58
Common stock	Purchase	1,326	41.59
Common stock	Purchase	65	41.66
Common stock	Purchase	228	41.22
Common stock	Purchase	333	40.79
Common stock	Purchase	96	40.86
Common stock	Purchase	39	40.97
Common stock	Purchase	295	40.94
Common stock	Purchase	408	41.7
Common stock	Purchase	160	41.42
Common stock	Purchase	210	40.96
Common stock	Purchase	60	40.48
Common stock	Purchase	3,655	41.6
Common stock	Purchase	96	41.65
Common stock	Purchase	45	40.98
Common stock	Purchase	32	41.18
Common stock	Purchase	607	41.32
Common stock	Purchase	187	41.4
Common stock	Purchase	454	40.8
Common stock	Purchase	60	41.19
Common stock	Purchase	170	41.17
Common stock	Sale	-731	40.5
Common stock	Sale	-60	41.51
Common stock	Sale	-922	41.5
Common stock	Sale	-11,085	41.25
Common stock	Sale	-60	41.62
Common stock	Sale	-13,528	41.53
Common stock	Sale	-50	41.27
Common stock	Sale	-212	40.99
Common stock	Sale	-115	39.95
Common stock	Sale	-222	40.01
Common stock	Sale	-177	39.99
Common stock	Sale	-20	40.3
Common stock	Sale	-52	40.44
Common stock	Sale	-95	40.49
Common stock	Sale	-210	40.54
Common stock	Sale	-216	40.33
Common stock	Sale	-116	40.15
Common stock	Sale	-197	40.45
Common stock	Sale	-73	40.41
Common stock	Sale	-700	40.36
Common stock	Sale	-345	40.37
Common stock	Sale	-960	40.47
Common stock	Sale	-634	40
Common stock	Sale	-229	40.59
Common stock	Sale	-173	40.32
Common stock	Sale	-50	40.61
Common stock	Sale	-150	40.08
Common stock	Sale	-642	40.52
Common stock	Sale	-156	40.69
Common stock	Sale	-88	40.38
Common stock	Sale	-621	40.55
Common stock	Sale	-150	40.46
Common stock	Sale	-148	40.13
Common stock	Sale	-309	40.57
Common stock	Sale	-1,161	40.53
Common stock	Sale	-12	40.6
Common stock	Sale	-139	40.51
Common stock	Sale	-410	40.56
Common stock	Sale	-771	41.55
Common stock	Sale	-167	41.26
Common stock	Sale	-60	41.68
Common stock	Sale	-808	41.48
Common stock	Sale	-355	41.47
Common stock	Sale	-778	41.49
Common stock	Sale	-263	41.56
Common stock	Sale	-1,598	41.54
Common stock	Sale	-675	41.71
Common stock	Sale	-500	41.63
Common stock	Sale	-38	41.67
Common stock	Sale	-2,603	41.57
Common stock	Sale	-1,040	41.73
Common stock	Sale	-328	41.61
Common stock	Sale	-137	41.43
Common stock	Sale	-276	41.29
Common stock	Sale	-1,653	41.72
Common stock	Sale	-210	41.33
Common stock	Sale	-150	40.82
Common stock	Sale	-70	40.72
Common stock	Sale	-107	41.3
Common stock	Sale	-85	40.95
Common stock	Sale	-4,585	41.46
Common stock	Sale	-237	41.45
Common stock	Sale	-496	41.58
Common stock	Sale	-1,676	41.59
Common stock	Sale	-1,011	41.66
Common stock	Sale	-106	41.22
Common stock	Sale	-310	40.79
Common stock	Sale	-149	40.97
Common stock	Sale	-50	40.94
Common stock	Sale	-2,314	41.7
Common stock	Sale	-190	41.42
Common stock	Sale	-79	40.96
Common stock	Sale	-345	40.48
Common stock	Sale	-383	41.6
Common stock	Sale	-849	41.65
Common stock	Sale	-218	41.18
Common stock	Sale	-25	41.32
Common stock	Sale	-554	41.52
Common stock	Sale	-150	40.84
Common stock	Sale	-103	41.23
Common stock	Sale	-528	41.24
Common stock	Sale	-24	41.14
Common stock	Sale	-77	41.39
Common stock	Sale	-277	40.91
Common stock	Sale	-165	41.13
Common stock	Sale	-300	41.15
Common stock	Sale	-150	41.2
Common stock	Sale	-105	41.21
Common stock	Sale	-105	40.74
Common stock	Sale	-67	40.88
Common stock	Sale	-35	40.9
Common stock	Sale	-42	40.75
Common stock	Sale	-60	41.69
Common stock	Sale	-123	40.93
Common stock	Sale	-150	41.16

(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	5,038	41.296183

(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:	27 January 2016
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

RETUBRRRNOAAUAR

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