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

20th Jan 2016 15:00

RNS Number : 4737M

Citadel Group

20 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	19 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:	735	0.00	0	0.00
(2) Cash-settled derivatives:	1,051,682	1.13	6,200	0.01
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	1,052,417	1.13	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	206	38.41
Common stock	Purchase	417	38.47
Common stock	Purchase	60	38.31
Common stock	Purchase	302	38.39
Common stock	Purchase	175	38.37
Common stock	Purchase	145	38.49
Common stock	Purchase	1,201	38.42
Common stock	Purchase	365	38.44
Common stock	Purchase	231	38.52
Common stock	Purchase	140	38.57
Common stock	Purchase	46	38.56
Common stock	Purchase	228	38.53
Common stock	Purchase	154	38.51
Common stock	Purchase	1,415	38.5
Common stock	Purchase	990	38.35
Common stock	Purchase	964	38.38
Common stock	Purchase	694	38.46
Common stock	Purchase	57	38.58
Common stock	Purchase	266	38.34
Common stock	Purchase	1,093	38.43
Common stock	Purchase	311	38.59
Common stock	Purchase	64	38.48
Common stock	Purchase	780	38.4
Common stock	Purchase	534	38.45
Common stock	Purchase	357	38.61
Common stock	Purchase	1,327	38.6
Common stock	Purchase	60	38.63
Common stock	Purchase	647	38.68
Common stock	Purchase	2,370	38.7
Common stock	Purchase	199	38.64
Common stock	Purchase	281	38.67
Common stock	Purchase	629	38.72
Common stock	Purchase	517	38.66
Common stock	Purchase	53	38.71
Common stock	Purchase	241	38.69
Common stock	Purchase	241	38.73
Common stock	Purchase	399	38.74
Common stock	Purchase	696	38.78
Common stock	Purchase	259	38.76
Common stock	Purchase	276	38.77
Common stock	Purchase	211	38.88
Common stock	Purchase	28	38.87
Common stock	Purchase	368	38.83
Common stock	Purchase	520	38.93
Common stock	Purchase	573	38.94
Common stock	Purchase	68	38.82
Common stock	Purchase	84	38.89
Common stock	Purchase	60	38.95
Common stock	Purchase	915	38.96
Common stock	Purchase	1,357	39.02
Common stock	Purchase	3,808	39
Common stock	Purchase	232	39.14
Common stock	Purchase	530	39.17
Common stock	Purchase	2,763	38.99
Common stock	Purchase	500	39.2
Common stock	Purchase	402	39.1
Common stock	Purchase	974	39.05
Common stock	Purchase	1,774	38.97
Common stock	Purchase	2,948	38.98
Common stock	Purchase	216	39.03
Common stock	Purchase	4,944	39.01
Common stock	Purchase	295	39.04
Common stock	Purchase	450	39.07
Common stock	Purchase	209	39.12
Common stock	Purchase	460	39.06
Common stock	Purchase	273	39.08
Common stock	Purchase	576	39.13
Common stock	Purchase	326	39.19
Common stock	Purchase	540	39.11
Common stock	Purchase	321	39.16
Common stock	Purchase	444	39.15
Common stock	Sale	-663	38.32
Common stock	Sale	-197	38.36
Common stock	Sale	-990	38.41
Common stock	Sale	-361	38.47
Common stock	Sale	-524	38.39
Common stock	Sale	-21	38.37
Common stock	Sale	-675	38.49
Common stock	Sale	-193	38.42
Common stock	Sale	-481	38.44
Common stock	Sale	-60	38.52
Common stock	Sale	-501	38.57
Common stock	Sale	-124	38.56
Common stock	Sale	-12	38.5
Common stock	Sale	-311	38.35
Common stock	Sale	-512	38.38
Common stock	Sale	-1,251	38.46
Common stock	Sale	-463	38.58
Common stock	Sale	-62	38.34
Common stock	Sale	-1,070	38.43
Common stock	Sale	-949	38.59
Common stock	Sale	-280	38.48
Common stock	Sale	-831	38.4
Common stock	Sale	-738	38.45
Common stock	Sale	-393	38.61
Common stock	Sale	-556	38.6
Common stock	Sale	-67	38.63
Common stock	Sale	-331	38.65
Common stock	Sale	-623	38.68
Common stock	Sale	-180	38.7
Common stock	Sale	-610	38.64
Common stock	Sale	-711	38.67
Common stock	Sale	-318	38.72
Common stock	Sale	-731	38.66
Common stock	Sale	-885	38.71
Common stock	Sale	-295	38.69
Common stock	Sale	-160	38.73
Common stock	Sale	-610	38.78
Common stock	Sale	-203	38.76
Common stock	Sale	-271	38.79
Common stock	Sale	-103	38.77
Common stock	Sale	-133	38.86
Common stock	Sale	-213	38.88
Common stock	Sale	-135	38.8
Common stock	Sale	-173	38.83
Common stock	Sale	-260	38.93
Common stock	Sale	-66	38.94
Common stock	Sale	-450	38.85
Common stock	Sale	-197	38.89
Common stock	Sale	-1,637	38.95
Common stock	Sale	-2,390	38.96
Common stock	Sale	-876	39.02
Common stock	Sale	-1,473	39
Common stock	Sale	-379	39.14
Common stock	Sale	-155	39.17
Common stock	Sale	-3,493	38.99
Common stock	Sale	-583	39.1
Common stock	Sale	-10	39.09
Common stock	Sale	-1,502	39.05
Common stock	Sale	-1,988	38.97
Common stock	Sale	-3,606	38.98
Common stock	Sale	-128	39.03
Common stock	Sale	-1,035	39.01
Common stock	Sale	-175	39.04
Common stock	Sale	-342	39.07
Common stock	Sale	-325	39.18
Common stock	Sale	-1,075	39.12
Common stock	Sale	-126	39.06
Common stock	Sale	-666	39.08
Common stock	Sale	-989	39.13
Common stock	Sale	-40	39.19
Common stock	Sale	-289	39.11
Common stock	Sale	-636	39.16
Common stock	Sale	-1,153	39.15

(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	-1,103	38.412638
Common stock	CFD	Reducing long position	-351	39.010513

(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:	20 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

RETURAORNVAAUAR

Related Shares:

FTSE 100 Latest

Value8,809.74

Change53.53