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 Oct 2015 15:00

RNS Number : 9514B

Citadel Group

12 October 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	9 October 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	11,607	0.01
(2) Cash-settled derivatives:	1,388,473	1.49	25,354	0.03
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	1,388,473	1.49	36,961	0.04

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	389	31.8
Common stock	Purchase	76	32.2
Common stock	Purchase	146	31
Common stock	Purchase	120	31.53
Common stock	Purchase	40	32.1
Common stock	Purchase	77	32.09
Common stock	Purchase	73	32.11
Common stock	Purchase	146	32.13
Common stock	Purchase	175	32.07
Common stock	Purchase	50	32.06
Common stock	Purchase	20	32.14
Common stock	Purchase	85	31.78
Common stock	Purchase	111	31.97
Common stock	Purchase	15	32.16
Common stock	Purchase	302	31.88
Common stock	Purchase	67	31.74
Common stock	Purchase	100	31.7
Common stock	Purchase	211	31.71
Common stock	Purchase	20	31.67
Common stock	Purchase	275	31.66
Common stock	Purchase	255	31.81
Common stock	Purchase	863	32.03
Common stock	Purchase	139	32.05
Common stock	Purchase	172	31.3
Common stock	Purchase	55	31.91
Common stock	Purchase	572	31.96
Common stock	Purchase	129	32.04
Common stock	Purchase	131	32.17
Common stock	Purchase	1	31.49
Common stock	Purchase	111	31.46
Common stock	Purchase	41	30.98
Common stock	Purchase	79	31.11
Common stock	Purchase	570	31.18
Common stock	Purchase	433	32
Common stock	Purchase	20	31.51
Common stock	Purchase	495	31.22
Common stock	Purchase	45	30.96
Common stock	Purchase	10	31.01
Common stock	Purchase	216	31.34
Common stock	Purchase	279	31.05
Common stock	Purchase	868	31.09
Common stock	Purchase	22	31.94
Common stock	Purchase	310	31.77
Common stock	Purchase	40	31.63
Common stock	Purchase	559	32.02
Common stock	Purchase	268	31.82
Common stock	Purchase	20	31.93
Common stock	Purchase	28	31.84
Common stock	Purchase	279	31.85
Common stock	Purchase	331	31.79
Common stock	Purchase	309	31.9
Common stock	Purchase	25	31.61
Common stock	Purchase	210	32.08
Common stock	Purchase	29	31.72
Common stock	Purchase	528	31.73
Common stock	Purchase	264	32.01
Common stock	Purchase	66	31.87
Common stock	Purchase	75	31.83
Common stock	Purchase	70	31.86
Common stock	Purchase	20	31.68
Common stock	Purchase	164	31.89
Common stock	Purchase	422	31.76
Common stock	Purchase	391	31.75
Common stock	Purchase	106	31.62
Common stock	Purchase	253	31.54
Common stock	Purchase	84	31.52
Common stock	Purchase	295	31.48
Common stock	Purchase	146	31.35
Common stock	Purchase	15	31.38
Common stock	Purchase	205	31.43
Common stock	Purchase	229	31.47
Common stock	Purchase	220	31.28
Common stock	Purchase	140	31.37
Common stock	Purchase	63	31.39
Common stock	Purchase	10	31.36
Common stock	Purchase	1,386	31.33
Common stock	Purchase	421	31.45
Common stock	Purchase	545	31.44
Common stock	Purchase	116	31.4
Common stock	Purchase	156	31.31
Common stock	Purchase	1,179	31.29
Common stock	Purchase	57	31.41
Common stock	Purchase	171	31.42
Common stock	Purchase	115	31.27
Common stock	Purchase	826	31.21
Common stock	Purchase	331	31.24
Common stock	Purchase	436	31.17
Common stock	Purchase	534	31.19
Common stock	Purchase	197	31.14
Common stock	Purchase	1,527	31.25
Common stock	Purchase	839	31.08
Common stock	Purchase	231	31.26
Common stock	Purchase	278	31.2
Common stock	Purchase	86	31.1
Common stock	Purchase	2	31.12
Common stock	Purchase	107	31.15
Common stock	Purchase	562	31.02
Common stock	Purchase	1,068	31.03
Common stock	Purchase	90	30.99
Common stock	Purchase	129	31.04
Common stock	Purchase	310	31.07
Common stock	Purchase	712	31.06
Common stock	Sale	-460	31.8
Common stock	Sale	-679	31.6
Common stock	Sale	-797	31.53
Common stock	Sale	-112	32.09
Common stock	Sale	-40	32.07
Common stock	Sale	-970	31.78
Common stock	Sale	-94	31.98
Common stock	Sale	-75	31.99
Common stock	Sale	-35	31.88
Common stock	Sale	-612	31.74
Common stock	Sale	-182	31.7
Common stock	Sale	-96	31.71
Common stock	Sale	-150	31.67
Common stock	Sale	-50	31.66
Common stock	Sale	-103	31.65
Common stock	Sale	-36	31.64
Common stock	Sale	-222	31.81
Common stock	Sale	-15	32.03
Common stock	Sale	-831	31.3
Common stock	Sale	-78	31.91
Common stock	Sale	-1	31.92
Common stock	Sale	-31	31.96
Common stock	Sale	-347	31.46
Common stock	Sale	-109	31.18
Common stock	Sale	-91	31.13
Common stock	Sale	-103	32
Common stock	Sale	-378	31.51
Common stock	Sale	-489	31.5
Common stock	Sale	-992	31.22
Common stock	Sale	-687	31.34
Common stock	Sale	-162	31.05
Common stock	Sale	-60	31.09
Common stock	Sale	-86	31.94
Common stock	Sale	-306	31.77
Common stock	Sale	-369	31.63
Common stock	Sale	-20	32.22
Common stock	Sale	-30	32.02
Common stock	Sale	-467	31.69
Common stock	Sale	-562	31.82
Common stock	Sale	-1	31.93
Common stock	Sale	-513	31.84
Common stock	Sale	-185	31.85
Common stock	Sale	-828	31.79
Common stock	Sale	-61	31.9
Common stock	Sale	-860	31.61
Common stock	Sale	-55	32.08
Common stock	Sale	-62	31.58
Common stock	Sale	-244	31.73
Common stock	Sale	-683	31.87
Common stock	Sale	-215	31.83
Common stock	Sale	-347	31.86
Common stock	Sale	-2	31.56
Common stock	Sale	-143	31.57
Common stock	Sale	-43	31.68
Common stock	Sale	-1	31.89
Common stock	Sale	-394	31.76
Common stock	Sale	-361	31.75
Common stock	Sale	-839	31.62
Common stock	Sale	-30	31.59
Common stock	Sale	-863	31.54
Common stock	Sale	-2	31.55
Common stock	Sale	-663	31.52
Common stock	Sale	-19	31.48
Common stock	Sale	-311	31.32
Common stock	Sale	-169	31.38
Common stock	Sale	-603	31.43
Common stock	Sale	-360	31.47
Common stock	Sale	-673	31.28
Common stock	Sale	-180	31.39
Common stock	Sale	-387	31.33
Common stock	Sale	-96	31.45
Common stock	Sale	-657	31.44
Common stock	Sale	-170	31.31
Common stock	Sale	-417	31.29
Common stock	Sale	-45	31.41
Common stock	Sale	-220	31.42
Common stock	Sale	-221	31.27
Common stock	Sale	-256	31.21
Common stock	Sale	-275	31.23
Common stock	Sale	-89	31.24
Common stock	Sale	-54	31.17
Common stock	Sale	-370	31.19
Common stock	Sale	-1	31.14
Common stock	Sale	-769	31.25
Common stock	Sale	-89	31.08
Common stock	Sale	-231	31.26
Common stock	Sale	-111	31.2
Common stock	Sale	-712	31.16
Common stock	Sale	-231	31.02
Common stock	Sale	-4	31.03
Common stock	Sale	-102	30.99
Common stock	Sale	-436	31.04
Common stock	Sale	-384	31.07
Common stock	Sale	-50	31.06
Common stock	Sale	-5	31.835
Common stock	Sale	-4	31.105
Common stock	Sale	-5	31.315
Common stock	Sale	-2	31.335
Common stock	Sale	-1	31.795

(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	-1,458	31.250851
Common stock	CFD	Reducing long position	-1,242	31.250851
Common stock	CFD	Reducing long position	-1,410	31.633762
Common stock	CFD	Reducing long position	-1,013	31.789817
Common stock	CFD	Reducing long position	-73	31.250851
Common stock	CFD	Reducing short position	1,492	31.459385
Common stock	CFD	Reducing short position	3,084	31.459385
Common stock	CFD	Reducing short position	3,931	31.459385

(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 October 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

RETUUURRVVARAAA

Related Shares:

FTSE 100 Latest

Value8,275.66

Change0.00