BET Betfair Grp

 
TIDMBET 
 
 

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:                                              Barclays PLC. 
(b)   Owner or controller of interest and short 
      positions disclosed, if different from 1(a): 
(c)   Name of offeror/offeree in relation to whose                         BETFAIR GROUP PLC 
      relevant securities this form relates: 
(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:                               03 September 2015 
(f)   In addition to the company in 1(c) above, is the discloser making    YES: 
      disclosures in respect of any other party to the offer?              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                                                  ORD 
security: 
                                                                   Interests       Short Positions 
                                                                   Number   (%)    Number     (%) 
(1)                Relevant securities owned 
                   and/or controlled:                              723,418  0.78%  462,655    0.50% 
(2)                Cash-settled derivatives: 
                                                                   219,243  0.24%  683,648    0.74% 
(3)                Stock-settled derivatives (including options) 
                   and agreements to purchase/DEALING:                0        0.00%  0          0.00% 
(4) 
                   TOTAL:                                          942,661  1.01%  1,146,303  1.23% 
 
 

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   Purchase/DEALING  Number of   Price per unit 
security                           securities 
ORD                 Purchase       76          31.9252 GBP 
ORD                 Purchase       150         32.4000 GBP 
ORD                 Purchase       356         32.2286 GBP 
ORD                 Purchase       631         32.1593 GBP 
ORD                 Purchase       638         32.1300 GBP 
ORD                 Purchase       1,261       32.0035 GBP 
ORD                 Purchase       6,325       32.0798 GBP 
ORD                 Purchase       8,463       32.0791 GBP 
ORD                 Purchase       12,943      32.0498 GBP 
ORD                 Sale           243         31.9479 GBP 
ORD                 Sale           273         32.1000 GBP 
ORD                 Sale           362         31.9642 GBP 
ORD                 Sale           363         32.0812 GBP 
ORD                 Sale           638         32.1300 GBP 
ORD                 Sale           1,472       31.9500 GBP 
ORD                 Sale           1,795       32.0139 GBP 
ORD                 Sale           1,892       32.0673 GBP 
ORD                 Sale           8,190       32.0526 GBP 
ORD                 Sale           17,249      32.0560 GBP 
 
 

(b) Cash-settled derivative transactions

 
Class of   Product      Nature of dealing  Number of   Price per 
relevant   description                     reference   unit 
security                                   securities 
ORD        CFD          Long               952         31.9659 GBP 
ORD        CFD          Long               1,795       32.0139 GBP 
ORD        CFD          Long               1,892       32.0673 GBP 
ORD        SWAP         Long               2,141       31.9381 GBP 
ORD        CFD          Long               2,490       32.1288 GBP 
ORD        SWAP         Long               20,461      32.0583 GBP 
ORD        CFD          Short              76          31.9252 GBP 
ORD        SWAP         Short              300         32.4032 GBP 
ORD        SWAP         Short              723         32.1744 GBP 
ORD        CFD          Short              814         32.0596 GBP 
ORD        SWAP         Short              2,691       32.1222 GBP 
ORD        SWAP         Short              6,325       32.0798 GBP 
ORD        SWAP         Short              18,165      32.0552 GBP 
 
 

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

 
Class of   Product      Writing,     Number      Exercise  Type       Expiry date  Option 
relevant   description  purchasing,  of          price     e.g.                    money 
security   e.g.         selling,     securities  per unit  American,               paid/ 
           call         varying      to                    European                received 
           option       etc.         which                 etc.                    per 
                                     option                                        unit 
                                     relates 
 
 

(ii) Exercise

 
Class of relevant   Product      Exercising/  Number         Exercise price 
security            description  exercised    of securities  per unit 
                    e.g. call    against 
                    option 
 
 

(d) Other dealings (including subscribing for new securities)

 
Class of relevant   Nature of dealing   Details  Price per unit (if 
security            e.g. subscription,           applicable) 
                    conversion 
 
 

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:                                    4 Sep 2015 
Contact name:                                          Jay Supaya 
Telephone number:                                      020 7773 0635 
 
 

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 monitoring@disclosure.org.uk. 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.

View source version on businesswire.com: http://www.businesswire.com/news/home/DEALING/en/

 
This information is provided by Business Wire 
 
 

(END) Dow Jones Newswires

September 04, 2015 10:10 ET (14:10 GMT)