Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Form 8.3 - Betfair Plc

10th Sep 2015 15:15

RNS Number : 7127Y
Citadel Group
10 September 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

9 September 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

3,802

0.00

(2) Cash-settled derivatives:

 

1,256,419

1.35

48,167

0.05

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

 

TOTAL:

1,256,419

1.35

51,969

0.05

 

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

3,638

30.54

Common stock

Purchase

2,252

30.53

Common stock

Purchase

607

31

Common stock

Purchase

3

30.71

Common stock

Purchase

251

30.39

Common stock

Purchase

62

30.87

Common stock

Purchase

2,599

31.6

Common stock

Purchase

82

31.3

Common stock

Purchase

122

31.49

Common stock

Purchase

96

30.81

Common stock

Purchase

308

30.82

Common stock

Purchase

2,245

30.49

Common stock

Purchase

921

30.58

Common stock

Purchase

1,394

30.44

Common stock

Purchase

316

30.6

Common stock

Purchase

292

30.98

Common stock

Purchase

1,222

30.4

Common stock

Purchase

4,006

30.5

Common stock

Purchase

906

30.57

Common stock

Purchase

485

30.38

Common stock

Purchase

45

30.37

Common stock

Purchase

887

30.41

Common stock

Purchase

603

30.85

Common stock

Purchase

38

30.88

Common stock

Purchase

353

30.9

Common stock

Purchase

75

31.11

Common stock

Purchase

1,129

31.18

Common stock

Purchase

228

31.13

Common stock

Purchase

241

30.86

Common stock

Purchase

1,168

30.56

Common stock

Purchase

272

30.84

Common stock

Purchase

141

31.51

Common stock

Purchase

21

31.5

Common stock

Purchase

846

31.22

Common stock

Purchase

54

30.66

Common stock

Purchase

64

30.62

Common stock

Purchase

4,414

30.52

Common stock

Purchase

2,760

30.55

Common stock

Purchase

2,401

30.48

Common stock

Purchase

67

30.35

Common stock

Purchase

69

31.56

Common stock

Purchase

100

31.57

Common stock

Purchase

167

31.59

Common stock

Purchase

54

31.54

Common stock

Purchase

204

31.32

Common stock

Purchase

101

31.35

Common stock

Purchase

21

31.28

Common stock

Purchase

10

31.33

Common stock

Purchase

145

31.31

Common stock

Purchase

7

31.29

Common stock

Purchase

358

31.27

Common stock

Purchase

269

31.21

Common stock

Purchase

774

31.23

Common stock

Purchase

1,848

31.24

Common stock

Purchase

223

31.17

Common stock

Purchase

336

31.19

Common stock

Purchase

465

31.14

Common stock

Purchase

169

31.25

Common stock

Purchase

231

31.26

Common stock

Purchase

1,109

31.2

Common stock

Purchase

238

31.1

Common stock

Purchase

384

31.12

Common stock

Purchase

465

31.15

Common stock

Purchase

250

31.16

Common stock

Purchase

4,992

30.51

Common stock

Purchase

794

30.83

Common stock

Purchase

980

30.42

Common stock

Purchase

14

30.61

Common stock

Purchase

809

30.7

Common stock

Purchase

1,516

30.47

Common stock

Purchase

51

30.91

Common stock

Purchase

77

30.36

Common stock

Purchase

316

30.43

Common stock

Purchase

423

30.45

Common stock

Purchase

874

30.46

Common stock

Purchase

100

30.59

Common stock

Purchase

386

31.02

Common stock

Purchase

70

31.03

Common stock

Purchase

91

30.99

Common stock

Purchase

54

30.95

Common stock

Purchase

170

30.8

Common stock

Purchase

134

30.76

Common stock

Purchase

84

30.89

Common stock

Purchase

82

30.73

Common stock

Purchase

70

31.04

Common stock

Sale

-1,587

30.54

Common stock

Sale

-4,632

30.53

Common stock

Sale

-322

30.68

Common stock

Sale

-72

30.71

Common stock

Sale

-1,314

30.39

Common stock

Sale

-743

30.78

Common stock

Sale

-71

30.63

Common stock

Sale

-21

31.3

Common stock

Sale

-77

30.81

Common stock

Sale

-71

30.82

Common stock

Sale

-1,305

30.49

Common stock

Sale

-71

30.67

Common stock

Sale

-219

30.58

Common stock

Sale

-957

30.44

Common stock

Sale

-48

30.64

Common stock

Sale

-29

30.6

Common stock

Sale

-247

30.98

Common stock

Sale

-722

30.4

Common stock

Sale

-10,670

30.5

Common stock

Sale

-585

30.57

Common stock

Sale

-450

30.37

Common stock

Sale

-384

30.41

Common stock

Sale

-43

31.11

Common stock

Sale

-829

31.18

Common stock

Sale

-1,073

30.56

Common stock

Sale

-33

31.51

Common stock

Sale

-37

31.5

Common stock

Sale

-1,042

31.22

Common stock

Sale

-307

30.62

Common stock

Sale

-2,845

30.52

Common stock

Sale

-4,453

30.55

Common stock

Sale

-1,840

30.48

Common stock

Sale

-38

31.34

Common stock

Sale

-168

31.58

Common stock

Sale

-90

31.56

Common stock

Sale

-779

31.57

Common stock

Sale

-93

31.55

Common stock

Sale

-116

31.35

Common stock

Sale

-348

31.28

Common stock

Sale

-173

31.36

Common stock

Sale

-67

31.33

Common stock

Sale

-46

31.4

Common stock

Sale

-151

31.31

Common stock

Sale

-79

31.29

Common stock

Sale

-2,670

31.21

Common stock

Sale

-920

31.23

Common stock

Sale

-1,396

31.24

Common stock

Sale

-1,469

31.17

Common stock

Sale

-1,148

31.19

Common stock

Sale

-25

31.14

Common stock

Sale

-82

31.25

Common stock

Sale

-12

31.08

Common stock

Sale

-317

31.26

Common stock

Sale

-2,642

31.2

Common stock

Sale

-255

31.1

Common stock

Sale

-464

31.15

Common stock

Sale

-553

31.16

Common stock

Sale

-2,567

30.51

Common stock

Sale

-148

30.83

Common stock

Sale

-1,503

30.42

Common stock

Sale

-269

30.61

Common stock

Sale

-802

30.47

Common stock

Sale

-135

30.91

Common stock

Sale

-101

30.36

Common stock

Sale

-477

30.43

Common stock

Sale

-981

30.45

Common stock

Sale

-2,179

30.46

Common stock

Sale

-72

30.59

Common stock

Sale

-134

31.02

Common stock

Sale

-209

31.03

Common stock

Sale

-31

30.8

Common stock

Sale

-109

30.76

Common stock

Sale

-75

30.89

Common stock

Sale

-409

30.73

Common stock

Sale

-512

31.04

Common stock

Sale

-157

30.65

Common stock

Sale

-398

30.79

Common stock

Sale

-884

30.93

Common stock

Sale

-269

30.94

Common stock

Sale

-1,056

30.74

Common stock

Sale

-196

30.75

Common stock

Sale

-115

31.07

Common stock

Sale

-91

31.06

Common stock

Sale

-1,022

30.77

Common stock

Sale

-29

30.97

Common stock

Sale

-175

30.69

 

 

(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 long position

20,208

30.616981

Common stock

CFD

Increasing long position

5,474

30.53

Common stock

CFD

Increasing long position

3,812

30.522811

Common stock

CFD

Increasing long position

1,672

30.528412

Common stock

CFD

Increasing long position

2,336

30.52101

Common stock

CFD

Increasing long position

39,986

30.5

 

(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:

10 September 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
 
 
RETLBLFFEKFEBBF

Related Shares:

BET.L
FTSE 100 Latest
Value9,177.24
Change12.01