7th Mar 2012 15:23
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | Betfair Group plc | |||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights | X | |||
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | ||||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | ||||
An event changing the breakdown of voting rights | ||||
Other (please specify): | ||||
3. Full name of person(s) subject to thenotification obligation: iii |
Charlton Corporation | |||
4. Full name of shareholder(s) (if different from 3.):iv | Charlton Acquisition LLP | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 7 March 2012 | |||
6. Date on which issuer notified: | 7 March 2012 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | Acquisition of a 10.6% indirect interest by Charlton Corporation | |||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | ||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
Ordinary | 0 | 0 | 0 | 0 | 11,033,109 | 0% | 10.6% | |||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| |||||||||||
| Nominal | Delta | ||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
11,033,109 | 10.6% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
Whereas:
(i) Prior to the events subject of this notification, Charlton Acquisition LLP directly held 11,033,109 Ordinary Shares in Betfair Group plc and SOFTBANK CORP. was a member of Charlton Acquisition LLP.
(ii) SOFTBANK CORP. has assigned and transferred all its rights, title and interest in Charlton Acquisition LLP to Charlton Corporation (which is, in turn, wholly owned by SOFTBANK CORP.).
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Proxy Voting: | ||
10. Name of the proxy holder: | ||
11. Number of voting rights proxy holder will ceaseto hold: | ||
12. Date on which proxy holder will cease to holdvoting rights: | ||
13. Additional information: | ||
14. Contact name: | Jeff Ullrich | |
15. Contact telephone number: | 1-(617)-558-6744 | |
Related Shares:
BET.L