19th Mar 2012 15:19
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 | SBI HOLDINGS, INC. SBIH UK LIMITED PORTILLION HOLDINGS LIMITED | |||
4. Full name of shareholder(s) (if different from 3.):iv | BBHISL NOMINEES LIMITED | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 16 MARCH 2012 | |||
6. Date on which issuer notified: | 19 MARCH 2012 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | FROM 5.248% TO 4.995% | |||
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 | 5,421,868 | 5,421,868 | 0 | 0 | 5,160,501 | 0% | 4.995% | |||||||||
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 | |||||||||||||||
5,160,501 | 4.995% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
Whereas:
(i) Portillion Holdings Limited, SBIH UK Limited, SBI Broadband Funds No.1 Limited Partnership and SBI BB Media Investment Limited Partnership are controlled undertakings of SBI Holdings, Inc; (ii) SBI Holdings, Inc. through the aforementioned controlled undertakings, indirectly holds (in aggregate) 5,160,501 Ordinary Shares in the capital of the Betfair Group plc representing 4.995 per cent. of the voting rights; and (iii) Portillion Holdings Limited, through its custodian Daiwa Securities Trust and Banking (Europe) PLC and the nominee thereof, BBHISL Nominees Ltd, holds 4,065,962 Ordinary Shares in the capital of the Betfair Group plc representing 3.936 per cent. of the voting rights.
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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: | This notification is made by each of SBI Holdings, Inc, SBIH UK Limited and Portillion Holdings Limited in accordance with DTR 5.2.3 | |
14. Contact name: | Takeshi Irie | |
15. Contact telephone number: | +44 (0)1252 386 344 | |
Related Shares:
BET.L