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Form 8.3 - Betfair Group Plc

19th Jan 2016 15:00

RNS Number : 3316M

Citadel Group

19 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	18 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	810	0.00
(2) Cash-settled derivatives:	1,053,136	1.13	6,200	0.01
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	1,053,136	1.13	7,010	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	800	37.32
Common stock	Purchase	363	37.27
Common stock	Purchase	257	37.06
Common stock	Purchase	405	37.3
Common stock	Purchase	404	37.5
Common stock	Purchase	253	37.01
Common stock	Purchase	16	36.96
Common stock	Purchase	290	37.05
Common stock	Purchase	230	37
Common stock	Purchase	667	37.03
Common stock	Purchase	681	37.02
Common stock	Purchase	65	36.97
Common stock	Purchase	115	37.15
Common stock	Purchase	388	37.09
Common stock	Purchase	414	37.12
Common stock	Purchase	81	37.11
Common stock	Purchase	155	37.16
Common stock	Purchase	218	37.14
Common stock	Purchase	177	37.57
Common stock	Purchase	360	37.53
Common stock	Purchase	290	37.72
Common stock	Purchase	199	37.49
Common stock	Purchase	575	37.54
Common stock	Purchase	360	37.79
Common stock	Purchase	1,081	37.67
Common stock	Purchase	644	37.61
Common stock	Purchase	579	37.52
Common stock	Purchase	598	37.46
Common stock	Purchase	122	37.43
Common stock	Purchase	211	37.42
Common stock	Purchase	214	37.45
Common stock	Purchase	70	37.48
Common stock	Purchase	413	37.33
Common stock	Purchase	397	37.64
Common stock	Purchase	68	37.65
Common stock	Purchase	246	37.56
Common stock	Purchase	410	37.28
Common stock	Purchase	112	37.6
Common stock	Purchase	195	37.76
Common stock	Purchase	864	37.77
Common stock	Purchase	182	37.44
Common stock	Purchase	402	37.51
Common stock	Purchase	81	37.41
Common stock	Purchase	699	37.7
Common stock	Purchase	254	37.47
Common stock	Purchase	1,191	37.55
Common stock	Purchase	354	37.63
Common stock	Purchase	652	37.58
Common stock	Purchase	240	37.73
Common stock	Purchase	798	37.71
Common stock	Purchase	159	37.36
Common stock	Purchase	93	37.37
Common stock	Purchase	559	37.69
Common stock	Purchase	372	37.68
Common stock	Purchase	150	37.81
Common stock	Purchase	787	37.62
Common stock	Purchase	116	37.34
Common stock	Purchase	268	37.74
Common stock	Purchase	328	37.2
Common stock	Purchase	289	37.75
Common stock	Purchase	29	37.38
Common stock	Purchase	220	37.78
Common stock	Purchase	273	37.59
Common stock	Purchase	279	38.06
Common stock	Purchase	1,009	38.01
Common stock	Purchase	1,800	37.99
Common stock	Purchase	321	37.95
Common stock	Purchase	968	37.94
Common stock	Purchase	694	37.97
Common stock	Purchase	1,586	37.96
Common stock	Purchase	114	37.66
Common stock	Purchase	435	38.04
Common stock	Purchase	391	37.93
Common stock	Purchase	678	38.08
Common stock	Purchase	89	37.9
Common stock	Purchase	1,525	37.98
Common stock	Purchase	940	38
Common stock	Purchase	180	38.03
Common stock	Purchase	1,000	38.05
Common stock	Purchase	415	38.07
Common stock	Purchase	255	38.02
Common stock	Purchase	31	38.09
Common stock	Purchase	150	37.91
Common stock	Purchase	1,395	37.92
Common stock	Purchase	77	37.88
Common stock	Purchase	66	37.87
Common stock	Purchase	160	38.12
Common stock	Purchase	38	37.4
Common stock	Purchase	213	37.8
Common stock	Purchase	36	37.82
Common stock	Purchase	280	37.31
Common stock	Purchase	238	37.35
Common stock	Purchase	300	37.26
Common stock	Purchase	67	37.29
Common stock	Purchase	171	37.17
Common stock	Purchase	226	37.22
Common stock	Purchase	471	37.24
Common stock	Purchase	121	37.21
Common stock	Sale	-702	37.32
Common stock	Sale	-576	37.27
Common stock	Sale	-383	37.3
Common stock	Sale	-1,146	37.5
Common stock	Sale	-12	37.07
Common stock	Sale	-6	36.93
Common stock	Sale	-174	36.96
Common stock	Sale	-15	37.04
Common stock	Sale	-1,188	37
Common stock	Sale	-106	36.98
Common stock	Sale	-189	37.09
Common stock	Sale	-708	37.1
Common stock	Sale	-574	37.11
Common stock	Sale	-11	37.16
Common stock	Sale	-147	37.14
Common stock	Sale	-155	37.13
Common stock	Sale	-213	37.57
Common stock	Sale	-190	37.53
Common stock	Sale	-388	37.49
Common stock	Sale	-40	37.54
Common stock	Sale	-637	37.61
Common stock	Sale	-484	37.52
Common stock	Sale	-338	37.46
Common stock	Sale	-45	37.43
Common stock	Sale	-135	37.45
Common stock	Sale	-642	37.48
Common stock	Sale	-239	37.33
Common stock	Sale	-170	37.64
Common stock	Sale	-194	37.65
Common stock	Sale	-268	37.56
Common stock	Sale	-623	37.28
Common stock	Sale	-962	37.6
Common stock	Sale	-170	37.76
Common stock	Sale	-102	37.18
Common stock	Sale	-467	37.44
Common stock	Sale	-345	37.51
Common stock	Sale	-110	37.47
Common stock	Sale	-60	37.55
Common stock	Sale	-245	37.63
Common stock	Sale	-1,836	37.58
Common stock	Sale	-50	37.73
Common stock	Sale	-222	37.71
Common stock	Sale	-131	37.36
Common stock	Sale	-688	37.69
Common stock	Sale	-264	37.68
Common stock	Sale	-148	37.62
Common stock	Sale	-91	37.23
Common stock	Sale	-809	37.74
Common stock	Sale	-50	37.19
Common stock	Sale	-780	37.75
Common stock	Sale	-199	37.38
Common stock	Sale	-371	37.59
Common stock	Sale	-300	38.06
Common stock	Sale	-494	38.01
Common stock	Sale	-1,727	37.99
Common stock	Sale	-2,396	37.95
Common stock	Sale	-278	37.94
Common stock	Sale	-2,292	37.97
Common stock	Sale	-2,505	37.96
Common stock	Sale	-615	37.66
Common stock	Sale	-898	38.04
Common stock	Sale	-591	37.93
Common stock	Sale	-641	37.9
Common stock	Sale	-1,080	37.98
Common stock	Sale	-188	38
Common stock	Sale	-765	38.03
Common stock	Sale	-2,488	38.05
Common stock	Sale	-152	38.02
Common stock	Sale	-18	38.09
Common stock	Sale	-67	37.83
Common stock	Sale	-220	37.91
Common stock	Sale	-696	37.92
Common stock	Sale	-63	37.88
Common stock	Sale	-68	37.89
Common stock	Sale	-1,420	37.86
Common stock	Sale	-14	38.1
Common stock	Sale	-120	37.4
Common stock	Sale	-751	37.31
Common stock	Sale	-418	37.25
Common stock	Sale	-521	37.35
Common stock	Sale	-795	37.29
Common stock	Sale	-40	37.17
Common stock	Sale	-7	37.24

(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	-145	37.14
Common stock	CFD	Reducing long position	-1,133	37.425984
Common stock	CFD	Reducing long position	-4,529	37.426313
Common stock	CFD	Reducing long position	-55	37.595

(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:	19 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

RETUKOURNVAAAAR

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