RNS Number : 1896I
Betfair Group PLC
20 July 2012
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NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This form is intended to make a RIS notification required by DTR 3.1.4.
(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.
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1. Name of the issuer
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Betfair Group plc
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2. State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006):
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Notification is made in accordance with DTR 3.1.2 R
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3. Name of person discharging managerial responsibilities/director:
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Director - Stephen Gavin Morana
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4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person:
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N/A
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5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest:
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Notification is made in respect of the person referred to in 3 above
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6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares:
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Ordinary shares
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7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them:
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Stephen Gavin Morana
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8. State the nature of the transaction:
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Exercise of 4,500 options (granted in 2007) with an exercise price of £0.001. Mr Morana sold 2,714 shares to discharge resulting tax and NI liability. The options had a lapse date of 3 August 2012.
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9. Number of shares, debentures or financial instruments relating to shares acquired:
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4,500 ordinary shares
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10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage):
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0.0043%
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11. Number of shares, debentures or financial instruments relating to shares disposed:
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2,714 ordinary shares
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12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage):
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0.0026%
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13. Price per share or value of transaction:
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£7.7150p
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14. Date and place of transaction:
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20.07.12, London
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15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage):
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12,627 ordinary shares - 0.0123 %
The total holding of Stephen Gavin Morana when aggregated with the holding of a connected person (his spouse, Louisa Morana) will be 16,536 ordinary shares - 0.0161%
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16. Date issuer informed of transaction:
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20.07.12
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23. Any additional information:
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N/A
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24. Name of contact and telephone number for queries:
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Cindy Kalsi - +44 20 8834 8000
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Name of authorised official of issuer responsible for making notification:
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Laura Knight, Deputy Company Secretary -
+44 20 8834 7753
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Date of notification:
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20.07.12
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This information is provided by RNS
The company news service from the London Stock Exchange
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