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) Identity of the person         Pine River Capital Management L.P. 
whose positions/dealings 
are being  disclosed: 
(b) Owner or controller            N/A 
of interests and short 
positions  disclosed, if 
different from 1(a): 
The naming of nominee or vehicle 
companies is insufficient 
(c) Name of offeror/offeree        Betfair Group Plc 
in relation to whose 
relevant  securities 
this form relates: 
Use a separate form for 
each offeror/offeree 
(d) If an exempt fund 
manager connected 
with an offeror/offeree, 
state this and specify identity 
of offeror/offeree: 
(e) Date position held/dealing     January 29, 2016 
undertaken: 
(f) Has the discloser previously   YES 
disclosed,                         If YES, specify which: 
or are they today  disclosing,    Paddy Power Plc 
under the Code in respect of any 
other party to this  offer? 
 
 

2.POSITIONS OF THE PERSON MAKING THE DISCLOSURE

 

(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:             0.095p ordinary 
                                        Interests    Short positions 
                                        Number  %    Number     % 
(1) Relevant securities owned 
and/or controlled: 
(2) Derivatives (other than options):                1,094,656  1.18% 
(3) Options and agreements 
to purchase/DEALING: 
TOTAL:                                               1,094,656  1.18% 
 
 

All interests and all short positions should be disclosed.

 

Details of any open derivative or option positions, 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 executive options)

 
Class of relevant security in relation 
to which subscription  right exists: 
Details, including nature of the rights 
concerned and relevant  percentages: 
 
 

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.

 

3.DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

 

(a)Purchases and sales

 
Class of relevant  Purchase/DEALING Number of securities Price per unit 
security 
 
 

(b)Derivatives transactions (other than options)

 
Class of relevant   Product      Nature of            Number of reference  Price per unit 
security            description  dealing              securities 
                    e.g. CFD     e.g. 
                                 opening/closing 
                                 a long/short 
                                 position, 
                                 increasing/reducing 
                                 a long/short 
                                 position 
0.095p ordinary     CFD          reducing             73,507               56.91 EUR 
                                 a short 
                                 position 
0.095 ordinary      CFD          reducing             45,362               56.36 EUR 
                                 a short 
                                 position 
 
 

(c)Options transactions in respect of existing securities

 

(i)Writing, selling, purchasing or varying

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

(ii)Exercising

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

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

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

The currency of all prices and other monetary amounts should be stated.

 

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.

 

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: 
If there are no such agreements, arrangements 
or  understandings, state "none" 
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" 
none 
 
 

(c)Attachments

 
Is a Supplemental Form 8 (Open Positions) attached?  NO 
 
 
Date of disclosure:   February 1, 2016 
Contact name:         Liz Luebesmier 
Telephone number:     612 629 2430 
 
 

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 dealing 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

February 01, 2016 09:19 ET (14:19 GMT)

Betfair Grp (LSE:BET)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Betfair Grp Charts.
Betfair Grp (LSE:BET)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Betfair Grp Charts.