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Form 8.3 - Betfair Group Plc

9th Dec 2015 15:00

RNS Number : 5074I

Citadel Group

09 December 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	8 December 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	460	0.00
(2) Cash-settled derivatives:	1,146,382	1.23	15,520	0.02
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	1,146,382	1.23	15,980	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	682	37.5
Common stock	Purchase	2,751	37.53
Common stock	Purchase	421	37.49
Common stock	Purchase	229	37.54
Common stock	Purchase	55	37.61
Common stock	Purchase	270	37.52
Common stock	Purchase	456	37.46
Common stock	Purchase	618	37.45
Common stock	Purchase	107	37.48
Common stock	Purchase	35	37.64
Common stock	Purchase	271	37.65
Common stock	Purchase	101	37.6
Common stock	Purchase	4	37.77
Common stock	Purchase	272	37.44
Common stock	Purchase	599	37.51
Common stock	Purchase	43	37.41
Common stock	Purchase	130	37.7
Common stock	Purchase	582	37.47
Common stock	Purchase	139	37.63
Common stock	Purchase	188	37.58
Common stock	Purchase	35	37.73
Common stock	Purchase	213	37.71
Common stock	Purchase	98	37.69
Common stock	Purchase	235	37.68
Common stock	Purchase	211	37.81
Common stock	Purchase	539	37.74
Common stock	Purchase	51	37.75
Common stock	Purchase	224	37.78
Common stock	Purchase	153	37.59
Common stock	Purchase	183	38.06
Common stock	Purchase	386	38.01
Common stock	Purchase	178	37.99
Common stock	Purchase	620	37.95
Common stock	Purchase	569	37.94
Common stock	Purchase	125	37.97
Common stock	Purchase	202	37.96
Common stock	Purchase	76	37.66
Common stock	Purchase	1,142	38.04
Common stock	Purchase	369	37.93
Common stock	Purchase	142	38.08
Common stock	Purchase	311	37.9
Common stock	Purchase	335	37.98
Common stock	Purchase	672	37.84
Common stock	Purchase	251	38
Common stock	Purchase	517	38.03
Common stock	Purchase	638	38.05
Common stock	Purchase	230	38.02
Common stock	Purchase	10	37.83
Common stock	Purchase	357	37.91
Common stock	Purchase	984	37.92
Common stock	Purchase	386	37.88
Common stock	Purchase	47	38.11
Common stock	Purchase	58	38.15
Common stock	Purchase	719	37.89
Common stock	Purchase	752	37.87
Common stock	Purchase	208	37.86
Common stock	Purchase	54	38.17
Common stock	Purchase	146	38.13
Common stock	Purchase	479	38.24
Common stock	Purchase	121	38.23
Common stock	Purchase	81	38.22
Common stock	Purchase	453	38.25
Common stock	Purchase	60	38.21
Common stock	Purchase	40	38.26
Common stock	Purchase	27	37.4
Common stock	Purchase	52	37.39
Common stock	Purchase	47	38.18
Common stock	Purchase	479	37.85
Common stock	Purchase	380	38.16
Common stock	Purchase	231	38.32
Common stock	Purchase	83	37.8
Common stock	Purchase	265	38.36
Common stock	Sale	-1,964	37.5
Common stock	Sale	-167	37.53
Common stock	Sale	-1,193	37.49
Common stock	Sale	-334	37.54
Common stock	Sale	-204	37.79
Common stock	Sale	-452	37.52
Common stock	Sale	-87	37.46
Common stock	Sale	-35	37.43
Common stock	Sale	-239	37.45
Common stock	Sale	-320	37.48
Common stock	Sale	-65	37.64
Common stock	Sale	-60	37.65
Common stock	Sale	-135	37.56
Common stock	Sale	-219	37.77
Common stock	Sale	-606	37.51
Common stock	Sale	-160	37.7
Common stock	Sale	-84	37.47
Common stock	Sale	-110	37.55
Common stock	Sale	-236	37.63
Common stock	Sale	-1,925	37.73
Common stock	Sale	-130	37.71
Common stock	Sale	-859	37.69
Common stock	Sale	-29	37.68
Common stock	Sale	-674	37.81
Common stock	Sale	-35	37.75
Common stock	Sale	-277	37.78
Common stock	Sale	-59	37.59
Common stock	Sale	-209	38.01
Common stock	Sale	-373	37.99
Common stock	Sale	-392	37.95
Common stock	Sale	-540	37.94
Common stock	Sale	-591	37.97
Common stock	Sale	-617	37.96
Common stock	Sale	-146	38.04
Common stock	Sale	-391	37.93
Common stock	Sale	-135	37.9
Common stock	Sale	-883	37.98
Common stock	Sale	-394	37.84
Common stock	Sale	-691	38
Common stock	Sale	-96	38.03
Common stock	Sale	-60	38.05
Common stock	Sale	-878	38.02
Common stock	Sale	-57	38.09
Common stock	Sale	-677	37.83
Common stock	Sale	-991	37.91
Common stock	Sale	-999	37.92
Common stock	Sale	-648	37.88
Common stock	Sale	-317	37.89
Common stock	Sale	-375	37.87
Common stock	Sale	-779	37.86
Common stock	Sale	-92	38.13
Common stock	Sale	-407	38.24
Common stock	Sale	-36	38.23
Common stock	Sale	-30	38.25
Common stock	Sale	-122	38.26
Common stock	Sale	-197	37.4
Common stock	Sale	-111	38.18
Common stock	Sale	-511	37.85
Common stock	Sale	-74	37.8
Common stock	Sale	-201	38.36
Common stock	Sale	-38	38.41
Common stock	Sale	-74	38.47
Common stock	Sale	-82	38.31
Common stock	Sale	-3	38.3
Common stock	Sale	-35	38.005
Common stock	Sale	-89	38.39
Common stock	Sale	-32	38.37
Common stock	Sale	-80	38.2
Common stock	Sale	-78	38.49
Common stock	Sale	-100	38.19
Common stock	Sale	-52	37.82
Common stock	Sale	-32	38.42

(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	-2,126	37.876627
Common stock	CFD	Reducing long position	-3,933	37.678204

(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:	9 December 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

RETUKSRRVUAURAA

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