TIDMBET
RNS Number : 2432Y
Betfair Group PLC
07 September 2015
FORM 8 (OPD)
PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER
Rules 8.1 and 8.2 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Full name of discloser: Betfair Group plc
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(b) Owner or controller of interests and short positions disclosed, if different from 1(a): N/A
The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s),
settlor and beneficiaries must be named.
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(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Betfair Group plc
Use a separate form for each offeror/offeree
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(d) Is the discloser the offeror or the offeree? Offeree
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(e) Date position held: 4 September 2015
The latest practicable date prior to the disclosure
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(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect No
of any other party to the offer?
If it is a cash offer or possible cash offer, state "N/A"
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2. POSITIONS OF THE PARTY TO THE OFFER 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
Class of relevant security: 10p ordinary
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Interests Short positions
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Number % Number %
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(1) Relevant securities owned and/or controlled: Nil - Nil -
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(2) Cash-settled derivatives: Nil - Nil -
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(3) Stock-settled derivatives (including options) and agreements to purchase/sell: Nil - Nil -
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Nil - Nil -
TOTAL:
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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).
Details of any securities borrowing and lending positions or
financial collateral arrangements should be disclosed on a
Supplemental Form 8 (SBL).
(b) Rights to subscribe for new securities
Class of relevant security in relation to which subscription right exists: N/A
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Details, including nature of the rights concerned and relevant percentages: N/A
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3. POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE
Details of any interests, short positions and rights to subscribe (including directors' and
other employee options) of any person acting in concert with the party to the offer making
the disclosure:
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a) Beneficial holdings of directors of Betfair Group plc in its ordinary shares
Name Position Number of shares Percentage holding
-------------------- -------------------------- ---------------- ------------------
Non-Executive
Gerald Corbett Chairman 17,500 0.00%
-------------------- -------------------------- ---------------- ------------------
Chief Executive
Breon Corcoran Officer 226,041 0.00%
-------------------- -------------------------- ---------------- ------------------
Senior Independent
Ian Dyson Director 7,437 0.00%
-------------------- -------------------------- ---------------- ------------------
Independent Non-Executive
Zillah Byng-Maddick Director 2,187 0.00%
-------------------- -------------------------- ---------------- ------------------
Jeremy Peter Independent Non-Executive
Jackson Director 2,187 0.00%
-------------------- -------------------------- ---------------- ------------------
Independent Non-Executive
Leo Quinn Director 869 0.00%
-------------------- -------------------------- ---------------- ------------------
b) Options and awards held by directors of Betfair Group plc in its ordinary shares
Breon Corcoran
Name Grant Date Grant Price Shares in Exercise
respect of Date / Exercise
which options Period
granted
------------------ ------------ ------------ --------------- -------------------
Deferred
Share Incentive 05/07/2014
Plan 05/07/2013 0.001 18,425 - 04/07/2023
------------------ ------------ ------------ --------------- -------------------
Deferred
Share Incentive 27/06/2015
Plan 27/06/2014 0.001 23,921 - 26/06/2024
------------------ ------------ ------------ --------------- -------------------
Deferred
Share Incentive 01/07/2016
Plan 01/07/2015 0.00095 13,499 - 30/06/2025
------------------ ------------ ------------ --------------- -------------------
Nil-cost 01/08/2015
options 01/08/2012 0 500,000 - 31/07/2022
------------------ ------------ ------------ --------------- -------------------
Long Term
Incentive 23/07/2016
Plan 23/07/2013 0.001 173,668 - 22/07/2023
------------------ ------------ ------------ --------------- -------------------
Long Term
Incentive 27/06/2017
Plan 27/06/2014 0.001 159,855 - 26/06/2024
------------------ ------------ ------------ --------------- -------------------
Long Term
Incentive 01/07/2018
Plan 01/07/2015 0.00095 67,657 - 30/06/2025
------------------ ------------ ------------ --------------- -------------------
116,667 remaining,
to release
automatically
Restricted on date of
shares 01/08/2012 0 116,667 2.7 announcement
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(MORE TO FOLLOW) Dow Jones Newswires
September 07, 2015 03:38 ET (07:38 GMT)
01/11/2016
BETsave 2013 04/10/2013 8.1667 1,102 - 01/05/2017
------------------ ------------ ------------ --------------- -------------------
01/12/2017
BETsave 2014 07/11/2014 9.0810 991 - 31/05/2018
------------------ ------------ ------------ --------------- -------------------
Alex Gersh
Name Grant Date Grant Price Shares in Exercise
respect of Date / Exercise
which options Period
granted
------------------ ------------ ------------ --------------- -----------------
Deferred
Share Incentive 05/07/2014
Plan 05/07/2013 0.001 7,212 - 04/07/2023
------------------ ------------ ------------ --------------- -----------------
Deferred
Share Incentive 27/06/2015
Plan 27/06/2014 0.001 18,579 - 26/06/2024
------------------ ------------ ------------ --------------- -----------------
Deferred
Share Incentive 01/07/2016
Plan 01/07/2015 0.00095 10,009 - 30/06/2025
------------------ ------------ ------------ --------------- -----------------
Long Term
Incentive 13/12/2015
Plan 13/12/2012 0.001 108,788 - 12/12/2022
------------------ ------------ ------------ --------------- -----------------
Long Term
Incentive 23/07/2016
Plan 23/07/2013 0.001 89,925 - 22/07/2023
------------------ ------------ ------------ --------------- -----------------
Long Term
Incentive 27/06/2017
Plan 27/06/2014 0.001 82,772 - 26/06/2024
------------------ ------------ ------------ --------------- -----------------
Long Term
Incentive 01/07/2018
Plan 01/07/2015 0.00095 34,012 - 30/06/2025
------------------ ------------ ------------ --------------- -----------------
01/12/2017
BETsave 2014 07/11/2014 9.0810 1,982 - 31/05/2018
------------------ ------------ ------------ --------------- -----------------
Mark Brooker
Name Grant Date Grant Price Shares in Exercise
respect of Date / Exercise
which options Period
granted
------------------ ------------ ------------ --------------- -----------------
Deferred
Share Incentive 05/07/2014
Plan 05/07/2013 0.001 6,334 - 04/07/2023
------------------ ------------ ------------ --------------- -----------------
Deferred
Share Incentive 27/06/2015
Plan 27/06/2014 0.001 13,842 - 26/06/2021
------------------ ------------ ------------ --------------- -----------------
Deferred
Share Incentive 01/07/2016
Plan 01/07/2015 0.00095 8,333 - 30/06/2022
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Approved 09/07/2011
Plan 09/07/2010 10 3,000 - 08/07/2021
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Long Term
Incentive 01/07/2014
Plan 01/07/2011 0.001 1,371 - 30/06/2021
------------------ ------------ ------------ --------------- -----------------
Long Term
Incentive 01/07/2014
Plan 01/07/2011 7.62 949 - 30/06/2021
------------------ ------------ ------------ --------------- -----------------
Long Term
Incentive 01/08/2015
Plan 01/08/2012 0.001 51,542 - 31/07/2022
------------------ ------------ ------------ --------------- -----------------
Long Term
Incentive 23/07/2016
Plan 23/07/2013 0.001 49,560 - 22/07/2023
------------------ ------------ ------------ --------------- -----------------
Long Term
Incentive 01/04/2017
Plan 01/04/2014 0.001 30,000 - 30/04/2021
------------------ ------------ ------------ --------------- -----------------
Long Term
Incentive 27/06/2017
Plan 27/06/2014 0.001 72,426 - 26/06/2021
------------------ ------------ ------------ --------------- -----------------
Long Term
Incentive 01/07/2018
Plan 01/07/2015 0.00095 29,760 - 30/06/2022
------------------ ------------ ------------ --------------- -----------------
Restricted 01/12/2012
Share Plan 09/07/2010 0 5,714 - 08/07/2017
------------------ ------------ ------------ --------------- -----------------
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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).
Details of any securities borrowing and lending positions or
financial collateral arrangements should be disclosed on a
Supplemental Form 8 (SBL).
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 party to the offer making the disclosure or any person acting
in concert with it:
Irrevocable commitments and letters of intent should not be included. If there are no such
agreements, arrangements or understandings, state "none"
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None
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(b) Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the party
to the offer making the disclosure, or any person acting in concert with it, 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"
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None
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(c) Attachments
Are any Supplemental Forms attached?
Supplemental Form 8 (Open Positions) No
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Supplemental Form 8 (SBL) No
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Date of disclosure: 7 September 2015
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Contact name: Paul Rushton - Commercial Finance Director
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Telephone number: +44 (0)20 8834 6139
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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.
(MORE TO FOLLOW) Dow Jones Newswires
September 07, 2015 03:38 ET (07:38 GMT)
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