Betfair Group Regulatory News (BET)



Regulatory News for Betfair Group (BET)


Share Price: 832.00Bid: 835.00Ask: 836.00Change: -15.00 (-1.77%)Faller - Betfair Grp
Spread: 1.00Spread as %: 0.12%Open: 837.50High: 855.00Low: 823.00Yesterday’s Close: 847.00





Director/PDMR Shareholding

Fri, 20th Jul 2012 15:13

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.

 

 

1. Name of the issuer

Betfair Group plc

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):

Notification is made in accordance with DTR 3.1.2 R

3. Name of person discharging managerial responsibilities/director:

Director - Stephen Gavin Morana

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person:

N/A

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:

Notification is made in respect of the person referred to in 3 above

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares:

Ordinary shares

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them:

Stephen Gavin Morana

8. State the nature of the transaction:

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.

9. Number of shares, debentures or financial instruments relating to shares acquired:

4,500 ordinary shares

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage):

0.0043%

11. Number of shares, debentures or financial instruments relating to shares disposed:

2,714 ordinary shares

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage):

0.0026%

13. Price per share or value of transaction:

£7.7150p

14. Date and place of transaction:

20.07.12, London

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage):

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%

 

16. Date issuer informed of transaction:

20.07.12

23. Any additional information:

N/A

24. Name of contact and telephone number for queries:

Cindy Kalsi - +44 20 8834 8000

Name of authorised official of issuer responsible for making notification:

Laura Knight, Deputy Company Secretary -

+44 20 8834 7753

Date of notification: 

20.07.12

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSSEFFLSFESEFW


Related Shares: Betfair Group (BET).




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