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Form 8.3 - Betfair Group Plc

18th Jan 2016 15:00

RNS Number : 1629M
Citadel Group
18 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

15 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:

1,414

0.00

0

0.00

(2) Cash-settled derivatives:

 

1,058,998

1.14

6,200

0.01

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

TOTAL:

1,060,412

1.14

6,200

0.01

 

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

24

36.92

Common stock

Purchase

87

36.54

Common stock

Purchase

116

35.81

Common stock

Purchase

361

35.33

Common stock

Purchase

724

35.56

Common stock

Purchase

761

35.57

Common stock

Purchase

4,368

37.5

Common stock

Purchase

1,190

35.17

Common stock

Purchase

585

35.16

Common stock

Purchase

33

35.23

Common stock

Purchase

97

35.12

Common stock

Purchase

894

35.19

Common stock

Purchase

763

35.14

Common stock

Purchase

332

35.4

Common stock

Purchase

60

35.41

Common stock

Purchase

154

35.22

Common stock

Purchase

100

35.24

Common stock

Purchase

135

35.39

Common stock

Purchase

346

35.45

Common stock

Purchase

456

35.21

Common stock

Purchase

3

35.25

Common stock

Purchase

224

35.31

Common stock

Purchase

211

35.28

Common stock

Purchase

402

35.3

Common stock

Purchase

217

35.32

Common stock

Purchase

493

35.29

Common stock

Purchase

1,087

35.38

Common stock

Purchase

29

35.27

Common stock

Purchase

87

35.37

Common stock

Purchase

518

35.36

Common stock

Purchase

2,020

35.35

Common stock

Purchase

278

35.42

Common stock

Purchase

670

35.48

Common stock

Purchase

79

36.06

Common stock

Purchase

60

35.5

Common stock

Purchase

79

36.01

Common stock

Purchase

152

35.97

Common stock

Purchase

200

36.03

Common stock

Purchase

28

36.17

Common stock

Purchase

1,154

35.95

Common stock

Purchase

50

36.08

Common stock

Purchase

721

35.46

Common stock

Purchase

100

36.02

Common stock

Purchase

60

36.14

Common stock

Purchase

457

36

Common stock

Purchase

577

36.05

Common stock

Purchase

147

35.96

Common stock

Purchase

328

36.1

Common stock

Purchase

442

35.94

Common stock

Purchase

287

35.68

Common stock

Purchase

1,089

35.65

Common stock

Purchase

50

36.12

Common stock

Purchase

246

36.04

Common stock

Purchase

45

36.09

Common stock

Purchase

997

35.7

Common stock

Purchase

387

35.98

Common stock

Purchase

139

36.07

Common stock

Purchase

15

35.99

Common stock

Purchase

387

35.54

Common stock

Purchase

583

35.67

Common stock

Purchase

98

36.22

Common stock

Purchase

8

36.2

Common stock

Purchase

1

36.23

Common stock

Purchase

60

36.3

Common stock

Purchase

141

36.21

Common stock

Purchase

864

36.61

Common stock

Purchase

155

36.46

Common stock

Purchase

854

36.63

Common stock

Purchase

87

36.56

Common stock

Purchase

660

36.6

Common stock

Purchase

275

36.62

Common stock

Purchase

36

36.58

Common stock

Purchase

470

36.55

Common stock

Purchase

131

36.59

Common stock

Purchase

234

36.49

Common stock

Purchase

220

36.57

Common stock

Purchase

120

36.5

Common stock

Purchase

448

36.43

Common stock

Purchase

268

36.44

Common stock

Purchase

586

36.64

Common stock

Purchase

44

36.47

Common stock

Purchase

687

36.66

Common stock

Purchase

312

36.73

Common stock

Purchase

31

36.81

Common stock

Purchase

1,049

36.48

Common stock

Purchase

269

36.75

Common stock

Purchase

119

36.36

Common stock

Purchase

74

36.79

Common stock

Purchase

59

36.77

Common stock

Purchase

120

36.84

Common stock

Purchase

60

36.8

Common stock

Purchase

183

36.82

Common stock

Purchase

357

36.78

Common stock

Purchase

134

36.74

Common stock

Purchase

85

36.76

Common stock

Purchase

72

36.71

Common stock

Purchase

116

36.69

Common stock

Purchase

499

36.9

Common stock

Purchase

170

36.42

Common stock

Purchase

843

36.65

Common stock

Purchase

30

36.88

Common stock

Purchase

41

36.7

Common stock

Purchase

957

36.89

Common stock

Purchase

191

36.72

Common stock

Purchase

60

36.27

Common stock

Purchase

636

36.4

Common stock

Purchase

47

36.41

Common stock

Purchase

81

36.96

Common stock

Purchase

86

37.05

Common stock

Purchase

32

37.04

Common stock

Purchase

1,057

36.91

Common stock

Purchase

102

36.94

Common stock

Purchase

511

37

Common stock

Purchase

15

36.98

Common stock

Purchase

396

37.03

Common stock

Purchase

454

37.02

Common stock

Purchase

150

36.97

Common stock

Purchase

3

37.09

Common stock

Purchase

3

37.1

Common stock

Purchase

117

37.11

Common stock

Purchase

1,675

37.57

Common stock

Purchase

2,520

37.53

Common stock

Purchase

4

37.72

Common stock

Purchase

1,093

37.49

Common stock

Purchase

1,511

37.54

Common stock

Purchase

21

37.79

Common stock

Purchase

250

37.61

Common stock

Purchase

1,272

37.52

Common stock

Purchase

9

37.46

Common stock

Purchase

498

37.48

Common stock

Purchase

23

37.65

Common stock

Purchase

1,619

37.56

Common stock

Purchase

192

37.6

Common stock

Purchase

432

37.76

Common stock

Purchase

945

37.77

Common stock

Purchase

1,096

37.51

Common stock

Purchase

280

37.47

Common stock

Purchase

1,902

37.55

Common stock

Purchase

191

37.63

Common stock

Purchase

30

37.69

Common stock

Purchase

60

37.81

Common stock

Purchase

81

37.62

Common stock

Purchase

42

37.74

Common stock

Purchase

492

38.01

Common stock

Purchase

296

37.99

Common stock

Purchase

60

37.95

Common stock

Purchase

203

37.97

Common stock

Purchase

95

38.04

Common stock

Purchase

128

37.93

Common stock

Purchase

30

37.9

Common stock

Purchase

959

37.98

Common stock

Purchase

34

37.84

Common stock

Purchase

1,807

38

Common stock

Purchase

365

38.03

Common stock

Purchase

837

38.02

Common stock

Purchase

229

37.83

Common stock

Purchase

479

37.91

Common stock

Purchase

250

37.92

Common stock

Purchase

1,656

37.88

Common stock

Purchase

244

37.87

Common stock

Purchase

762

37.86

Common stock

Purchase

26

38.1

Common stock

Purchase

70

37.4

Common stock

Purchase

838

37.85

Common stock

Purchase

36

37.8

Common stock

Purchase

60

37.82

Common stock

Purchase

117

37.17

Common stock

Purchase

970

35.47

Common stock

Purchase

353

35.69

Common stock

Purchase

50

35.79

Common stock

Purchase

250

35.51

Common stock

Purchase

539

35.6

Common stock

Purchase

590

35.58

Common stock

Purchase

114

35.82

Common stock

Purchase

722

35.53

Common stock

Purchase

357

35.59

Common stock

Purchase

209

35.63

Common stock

Purchase

591

35.61

Common stock

Purchase

633

35.66

Common stock

Purchase

429

35.8

Common stock

Purchase

103

35.34

Common stock

Purchase

435

35.49

Common stock

Purchase

134

35.77

Common stock

Purchase

658

35.88

Common stock

Purchase

79

35.87

Common stock

Purchase

394

35.62

Common stock

Purchase

160

35.43

Common stock

Purchase

18

35.64

Common stock

Purchase

20

35.9

Common stock

Purchase

120

35.89

Common stock

Purchase

205

35.84

Common stock

Purchase

100

35.71

Common stock

Sale

-896

36.85

Common stock

Sale

-81

36.92

Common stock

Sale

-77

37.27

Common stock

Sale

-77

36.54

Common stock

Sale

-51

35.81

Common stock

Sale

-318

35.44

Common stock

Sale

-859

35.33

Common stock

Sale

-337

35.56

Common stock

Sale

-437

35.57

Common stock

Sale

-982

37.5

Common stock

Sale

-69

35.09

Common stock

Sale

-156

35.07

Common stock

Sale

-332

35.15

Common stock

Sale

-620

35.16

Common stock

Sale

-233

35.08

Common stock

Sale

-16

35.11

Common stock

Sale

-186

35.23

Common stock

Sale

-327

35.12

Common stock

Sale

-171

35.18

Common stock

Sale

-484

35.13

Common stock

Sale

-597

35.19

Common stock

Sale

-242

35.14

Common stock

Sale

-226

35.4

Common stock

Sale

-127

35.22

Common stock

Sale

-67

35.24

Common stock

Sale

-281

35.39

Common stock

Sale

-65

35.26

Common stock

Sale

-1,391

35.45

Common stock

Sale

-439

35.21

Common stock

Sale

-50

35.25

Common stock

Sale

-293

35.31

Common stock

Sale

-564

35.3

Common stock

Sale

-1,377

35.32

Common stock

Sale

-76

35.29

Common stock

Sale

-629

35.38

Common stock

Sale

-554

35.27

Common stock

Sale

-276

35.2

Common stock

Sale

-571

35.37

Common stock

Sale

-156

35.36

Common stock

Sale

-660

35.35

Common stock

Sale

-39

35.42

Common stock

Sale

-562

35.48

Common stock

Sale

-101

36.06

Common stock

Sale

-4,044

35.5

Common stock

Sale

-75

36.01

Common stock

Sale

-172

35.97

Common stock

Sale

-128

36.03

Common stock

Sale

-384

36.19

Common stock

Sale

-625

35.95

Common stock

Sale

-207

36.08

Common stock

Sale

-726

35.46

Common stock

Sale

-131

36.02

Common stock

Sale

-38

36

Common stock

Sale

-216

36.05

Common stock

Sale

-320

35.96

Common stock

Sale

-135

35.93

Common stock

Sale

-17

35.92

Common stock

Sale

-287

35.94

Common stock

Sale

-50

35.68

Common stock

Sale

-472

35.65

Common stock

Sale

-72

36.04

Common stock

Sale

-150

36.16

Common stock

Sale

-158

35.98

Common stock

Sale

-435

35.99

Common stock

Sale

-31

35.91

Common stock

Sale

-452

35.52

Common stock

Sale

-389

36.18

Common stock

Sale

-494

35.54

Common stock

Sale

-1,053

35.55

Common stock

Sale

-720

35.67

Common stock

Sale

-258

36.2

Common stock

Sale

-145

36.26

Common stock

Sale

-152

36.61

Common stock

Sale

-100

36.46

Common stock

Sale

-114

36.63

Common stock

Sale

-26

36.52

Common stock

Sale

-696

36.51

Common stock

Sale

-41

36.34

Common stock

Sale

-508

36.62

Common stock

Sale

-103

36.58

Common stock

Sale

-264

36.59

Common stock

Sale

-527

36.49

Common stock

Sale

-444

36.57

Common stock

Sale

-77

36.33

Common stock

Sale

-165

36.5

Common stock

Sale

-257

36.43

Common stock

Sale

-266

36.44

Common stock

Sale

-138

36.45

Common stock

Sale

-39

36.31

Common stock

Sale

-804

36.64

Common stock

Sale

-150

36.67

Common stock

Sale

-125

36.47

Common stock

Sale

-278

36.66

Common stock

Sale

-307

36.73

Common stock

Sale

-12

36.81

Common stock

Sale

-414

36.48

Common stock

Sale

-204

36.75

Common stock

Sale

-132

36.36

Common stock

Sale

-171

36.79

Common stock

Sale

-694

36.77

Common stock

Sale

-30

36.8

Common stock

Sale

-32

36.82

Common stock

Sale

-216

36.78

Common stock

Sale

-74

36.74

Common stock

Sale

-40

36.68

Common stock

Sale

-25

36.76

Common stock

Sale

-271

36.71

Common stock

Sale

-60

36.69

Common stock

Sale

-9

36.9

Common stock

Sale

-812

36.42

Common stock

Sale

-40

36.87

Common stock

Sale

-530

36.65

Common stock

Sale

-134

36.88

Common stock

Sale

-133

36.86

Common stock

Sale

-60

36.7

Common stock

Sale

-1,155

36.89

Common stock

Sale

-132

36.72

Common stock

Sale

-227

36.27

Common stock

Sale

-10

36.37

Common stock

Sale

-78

36.35

Common stock

Sale

-867

36.41

Common stock

Sale

-65

36.39

Common stock

Sale

-3

37.01

Common stock

Sale

-23

36.93

Common stock

Sale

-111

36.96

Common stock

Sale

-120

37.04

Common stock

Sale

-59

36.91

Common stock

Sale

-139

36.94

Common stock

Sale

-443

37

Common stock

Sale

-113

36.98

Common stock

Sale

-118

37.03

Common stock

Sale

-650

36.97

Common stock

Sale

-163

36.99

Common stock

Sale

-60

37.15

Common stock

Sale

-60

37.09

Common stock

Sale

-13

37.1

Common stock

Sale

-41

37.11

Common stock

Sale

-50

37.16

Common stock

Sale

-1,964

37.57

Common stock

Sale

-492

37.53

Common stock

Sale

-300

37.72

Common stock

Sale

-227

37.49

Common stock

Sale

-983

37.54

Common stock

Sale

-161

37.79

Common stock

Sale

-435

37.52

Common stock

Sale

-110

37.46

Common stock

Sale

-71

37.43

Common stock

Sale

-562

37.42

Common stock

Sale

-816

37.45

Common stock

Sale

-150

37.48

Common stock

Sale

-150

37.65

Common stock

Sale

-287

37.56

Common stock

Sale

-118

37.6

Common stock

Sale

-372

37.76

Common stock

Sale

-450

37.77

Common stock

Sale

-150

37.44

Common stock

Sale

-899

37.51

Common stock

Sale

-308

37.41

Common stock

Sale

-804

37.7

Common stock

Sale

-50

37.47

Common stock

Sale

-1,732

37.55

Common stock

Sale

-60

37.63

Common stock

Sale

-170

37.58

Common stock

Sale

-65

37.73

Common stock

Sale

-43

37.71

Common stock

Sale

-212

37.69

Common stock

Sale

-277

37.68

Common stock

Sale

-496

37.81

Common stock

Sale

-27

37.75

Common stock

Sale

-267

37.78

Common stock

Sale

-446

38.01

Common stock

Sale

-1,813

37.99

Common stock

Sale

-576

37.95

Common stock

Sale

-337

37.94

Common stock

Sale

-1,854

37.97

Common stock

Sale

-735

37.96

Common stock

Sale

-340

38.04

Common stock

Sale

-434

37.93

Common stock

Sale

-45

38.08

Common stock

Sale

-59

37.9

Common stock

Sale

-1,444

37.98

Common stock

Sale

-280

37.84

Common stock

Sale

-671

38

Common stock

Sale

-4

38.03

Common stock

Sale

-147

38.05

Common stock

Sale

-376

38.02

Common stock

Sale

-244

37.83

Common stock

Sale

-428

37.91

Common stock

Sale

-25

37.92

Common stock

Sale

-93

37.88

Common stock

Sale

-45

38.11

Common stock

Sale

-2

37.89

Common stock

Sale

-53

37.87

Common stock

Sale

-640

37.86

Common stock

Sale

-40

37.4

Common stock

Sale

-444

37.85

Common stock

Sale

-821

37.8

Common stock

Sale

-986

37.82

Common stock

Sale

-417

37.25

Common stock

Sale

-5

37.26

Common stock

Sale

-60

37.24

Common stock

Sale

-491

35.47

Common stock

Sale

-121

35.69

Common stock

Sale

-453

35.51

Common stock

Sale

-1,965

35.6

Common stock

Sale

-680

35.58

Common stock

Sale

-942

35.53

Common stock

Sale

-276

35.59

Common stock

Sale

-356

35.63

Common stock

Sale

-488

35.61

Common stock

Sale

-367

35.66

Common stock

Sale

-810

35.8

Common stock

Sale

-233

35.34

Common stock

Sale

-228

35.49

Common stock

Sale

-141

35.88

Common stock

Sale

-68

35.87

Common stock

Sale

-122

35.62

Common stock

Sale

-225

35.43

Common stock

Sale

-100

35.64

Common stock

Sale

-338

35.84

Common stock

Sale

-150

35.86

Common stock

Sale

-100

35.85

Common stock

Sale

-160

35.74

Common stock

Sale

-134

35.78

 

 

 

 

 

 

 

(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

-17,947

36.573544

Common stock

CFD

Reducing long position

-4,487

36.573327

Common stock

CFD

Reducing long position

-1,050

36.186167

 

 

 

(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:

18 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
 
 
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