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

21st Jan 2016 15:00

RNS Number : 5858M

Citadel Group

21 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	20 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:	0	0.00	1,631	0.00
(2) Cash-settled derivatives:	1,041,535	1.12	8,634	0.01
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	1,041,535	1.12	10,265	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	66	38.11
Common stock	Purchase	609	38.15
Common stock	Purchase	76	38.12
Common stock	Purchase	854	38.17
Common stock	Purchase	695	38.13
Common stock	Purchase	819	38.24
Common stock	Purchase	456	38.23
Common stock	Purchase	889	38.22
Common stock	Purchase	800	38.21
Common stock	Purchase	850	38.26
Common stock	Purchase	1,447	38.18
Common stock	Purchase	1,787	38.16
Common stock	Purchase	214	38.32
Common stock	Purchase	721	38.36
Common stock	Purchase	1,331	38.41
Common stock	Purchase	547	38.47
Common stock	Purchase	1,329	38.3
Common stock	Purchase	107	38.39
Common stock	Purchase	1,138	38.37
Common stock	Purchase	675	38.2
Common stock	Purchase	536	38.49
Common stock	Purchase	603	38.19
Common stock	Purchase	360	38.42
Common stock	Purchase	68	38.14
Common stock	Purchase	1,733	38.44
Common stock	Purchase	476	38.52
Common stock	Purchase	795	38.57
Common stock	Purchase	554	38.56
Common stock	Purchase	361	38.53
Common stock	Purchase	1,539	38.51
Common stock	Purchase	379	38.5
Common stock	Purchase	534	38.55
Common stock	Purchase	776	38.28
Common stock	Purchase	69	38.35
Common stock	Purchase	606	38.38
Common stock	Purchase	430	38.46
Common stock	Purchase	835	38.54
Common stock	Purchase	586	38.58
Common stock	Purchase	328	38.33
Common stock	Purchase	397	38.34
Common stock	Purchase	1,015	38.43
Common stock	Purchase	337	38.29
Common stock	Purchase	61	38.59
Common stock	Purchase	390	38.48
Common stock	Purchase	247	38.4
Common stock	Purchase	608	38.27
Common stock	Purchase	1,012	38.45
Common stock	Purchase	450	38.62
Common stock	Purchase	250	38.61
Common stock	Purchase	1,599	38.6
Common stock	Purchase	411	38.63
Common stock	Purchase	364	38.65
Common stock	Purchase	152	38.68
Common stock	Purchase	121	38.7
Common stock	Purchase	172	38.64
Common stock	Purchase	143	38.72
Common stock	Purchase	270	38.66
Common stock	Purchase	6	38.71
Common stock	Purchase	160	38.69
Common stock	Purchase	143	38.73
Common stock	Purchase	201	38.74
Common stock	Purchase	455	38.78
Common stock	Purchase	247	38.75
Common stock	Purchase	518	38.76
Common stock	Purchase	121	38.79
Common stock	Purchase	992	38.77
Common stock	Purchase	60	38.88
Common stock	Purchase	538	38.81
Common stock	Purchase	681	38.8
Common stock	Purchase	500	38.93
Common stock	Purchase	148	38.94
Common stock	Purchase	183	38.82
Common stock	Purchase	325	38.95
Common stock	Purchase	20	38.91
Common stock	Purchase	494	38.84
Common stock	Purchase	143	38.96
Common stock	Purchase	61	38.99
Common stock	Purchase	219	38.97
Common stock	Sale	-569	38.11
Common stock	Sale	-391	38.15
Common stock	Sale	-120	38.1
Common stock	Sale	-37	38.17
Common stock	Sale	-641	38.13
Common stock	Sale	-457	38.24
Common stock	Sale	-340	38.23
Common stock	Sale	-526	38.22
Common stock	Sale	-889	38.25
Common stock	Sale	-373	38.21
Common stock	Sale	-422	38.26
Common stock	Sale	-253	38.18
Common stock	Sale	-300	38.16
Common stock	Sale	-47	38.32
Common stock	Sale	-229	38.36
Common stock	Sale	-687	38.41
Common stock	Sale	-509	38.47
Common stock	Sale	-233	38.31
Common stock	Sale	-412	38.3
Common stock	Sale	-469	38.39
Common stock	Sale	-170	38.37
Common stock	Sale	-1,119	38.2
Common stock	Sale	-895	38.49
Common stock	Sale	-675	38.19
Common stock	Sale	-480	38.42
Common stock	Sale	-537	38.14
Common stock	Sale	-863	38.44
Common stock	Sale	-456	38.52
Common stock	Sale	-341	38.57
Common stock	Sale	-1,002	38.56
Common stock	Sale	-717	38.53
Common stock	Sale	-1,901	38.51
Common stock	Sale	-1,044	38.5
Common stock	Sale	-2,355	38.55
Common stock	Sale	-66	38.28
Common stock	Sale	-486	38.35
Common stock	Sale	-392	38.38
Common stock	Sale	-297	38.46
Common stock	Sale	-488	38.54
Common stock	Sale	-943	38.58
Common stock	Sale	-775	38.33
Common stock	Sale	-696	38.43
Common stock	Sale	-454	38.29
Common stock	Sale	-496	38.59
Common stock	Sale	-795	38.48
Common stock	Sale	-829	38.4
Common stock	Sale	-1,138	38.27
Common stock	Sale	-238	38.45
Common stock	Sale	-94	38.62
Common stock	Sale	-313	38.61
Common stock	Sale	-747	38.6
Common stock	Sale	-264	38.63
Common stock	Sale	-666	38.65
Common stock	Sale	-392	38.68
Common stock	Sale	-175	38.7
Common stock	Sale	-318	38.64
Common stock	Sale	-434	38.67
Common stock	Sale	-499	38.72
Common stock	Sale	-356	38.66
Common stock	Sale	-301	38.71
Common stock	Sale	-925	38.69
Common stock	Sale	-901	38.73
Common stock	Sale	-715	38.74
Common stock	Sale	-382	38.78
Common stock	Sale	-653	38.75
Common stock	Sale	-1,560	38.76
Common stock	Sale	-101	38.79
Common stock	Sale	-511	38.77
Common stock	Sale	-60	38.86
Common stock	Sale	-22	38.88
Common stock	Sale	-438	38.81
Common stock	Sale	-429	38.87
Common stock	Sale	-309	38.8
Common stock	Sale	-184	38.83
Common stock	Sale	-220	38.93
Common stock	Sale	-72	38.94
Common stock	Sale	-78	38.82
Common stock	Sale	-124	38.85
Common stock	Sale	-314	38.89
Common stock	Sale	-111	38.91
Common stock	Sale	-250	38.84
Common stock	Sale	-380	38.92
Common stock	Sale	-202	38.96
Common stock	Sale	-64	39.02
Common stock	Sale	-562	39
Common stock	Sale	-315	38.99
Common stock	Sale	-215	38.97
Common stock	Sale	-189	38.98
Common stock	Sale	-161	39.01

(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 short position	-2434	38.317958
Common stock	CFD	Reducing long position	-6,697	38.449955
Common stock	CFD	Reducing long position	-1,572	38.514765
Common stock	CFD	Reducing long position	-406	38.746108
Common stock	CFD	Reducing long position	-1,472	38.449955

(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:	21 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

RETUAVRRNVAAUAR

Related Shares:

FTSE 100 Latest

Value8,809.74

Change53.53