FORM 8.3 - PADDY POWER PLC

FORM 8.3 - PADDY POWER PLC

BARCLAYS PLC

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 PADDY POWER 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: 12 January 2016
(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? BETFAIR GROUP 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 security:       ORD            
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 294,081 0.67% 5,039 0.01%
           
(2) Cash-settled derivatives:
288 0.00% 170,093 0.39%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
 
TOTAL: 294,369 0.67% 175,132 0.40%

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/sale   Number of   Price per unit
security   securities  
ORD Purchase 10 124.6250 EUR
ORD Purchase 60 124.7500 EUR
ORD Purchase 81 124.6750 EUR
ORD Purchase 90 124.6000 EUR
ORD Purchase 205 124.6500 EUR
ORD Purchase 446 124.6573 EUR

ORD

Purchase 484 123.5445 EUR
ORD Purchase 520 123.4000 EUR
ORD Purchase 690 123.8938 EUR
ORD Purchase 731 123.5846 EUR
ORD Purchase 759 123.7291 EUR
ORD Purchase 1,651 124.0770 EUR
ORD Purchase 1,802 123.5076 EUR
ORD Purchase 2,200 123.7645 EUR
ORD Purchase 2,748 123.5490 EUR
ORD Purchase 4,760 123.4628 EUR
ORD Purchase 19,728 123.7055 EUR
ORD Sale 10 124.6250 EUR
ORD Sale 60 124.7500 EUR
ORD Sale 81 124.6750 EUR
ORD Sale 90 124.6000 EUR
ORD Sale 102 123.8813 EUR
ORD Sale 142 123.4102 EUR
ORD Sale 177 123.8200 EUR
ORD Sale 205 124.6500 EUR
ORD Sale 240 123.9210 EUR
ORD Sale 463 123.6995 EUR
ORD Sale 508 123.8927 EUR
ORD Sale 877 123.6834 EUR
ORD Sale 982 124.0656 EUR
ORD Sale 1,079 123.8660 EUR
ORD Sale 4,152 124.3337 EUR

(b) Cash-settled derivative transactions

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
ORD CFD Long 316 124.0853 EUR
ORD CFD Long 640 123.7230 EUR
ORD CFD Long 771 123.8655 EUR
ORD CFD Long 4,795 124.2726 EUR
ORD CFD Short 314 124.0120 EUR
ORD CFD Short 445 123.5717 EUR
ORD SWAP Short 690 123.8938 EUR
ORD CFD Short 1,651 124.0875 EUR
ORD SWAP Short 2,489 123.5809 EUR
ORD CFD Short 19,728 123.7055 EUR

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

(i) Writing, selling, purchasing or varying

Class of relevant security   Product description e.g. call option   Writing, purchasing, selling, varying etc.   Number of securities to which option relates   Exercise price per unit   Type

e.g. American, European etc.

  Expiry date   Option money paid/ received per unit

(ii) Exercise

Class of relevant security   Product description

e.g. call option

  Exercising/ exercised against   Number of securities   Exercise price per unit

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

Class of relevant security   Nature of dealing

e.g. subscription, conversion

  Details   Price per unit (if applicable)

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: 13 Jan 2016
Contact name: Rajesh Muthanna
Telephone number: 020 3555 4634

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.

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