Betfair Group PLC BET Holding(s) in Company

  Betfair Group PLC (BET) - Holding(s) in Company

RNS Number : 0841Q
Betfair Group PLC
01 November 2012






TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES^i
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are            BETFAIR GROUP PLC
attached:  ^ii
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights                              X
An acquisition or disposal of qualifying financial instruments which
may result in the acquisition of shares already issued to which
voting rights are attached
An acquisition or disposal of instruments with similar economic
effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
                                                  SBI HOLDINGS, INC.
3. Full name of person(s) subject to the
notification obligation:  ^iii                    SBIH UK LIMITED

                                                  SBIH INVESTMENT UK LIMITED
4. Full name of shareholder(s)                    BBHISL NOMINEES LIMITED
(if different from 3.):^iv
5. Date of the transaction and date on
which the threshold is crossed or                 31 OCTOBER 2012
reached: ^v
6. Date on which issuer notified:                 1 NOVEMBER 2012
7. Threshold(s) that is/are crossed or            FROM 3.915% TO BELOW 3%
reached: ^vi, vii



8. Notified details:
A: Voting rights attached to shares ^viii, ix
Class/type  Situation previous         Resulting situation after the triggering
of          to the triggering          transaction
shares      transaction
            Number        Number       Number   Number of       % of voting
if possible of            of           of       voting          rights ^x
using       Shares        Voting       shares   rights
the ISIN                  Rights       Direct   Direct Indirect Direct   Indirect
CODE                                            ^xi    ^xii
Ordinary    4,008,069     4,008,069    0        0      Below 3% 0%       Below 3%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial Expiration     Exercise/          Number of voting  % of voting
instrument        date ^xiii     Conversion Period  rights that may   rights
                                 ^xiv               be
                                                    acquired if the
                                                    instrument is
                                                    exercised/
                                                    converted.
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments ^xv, xvi
Resulting situation after the triggering transaction
Type of      Exercise     Expiration Exercise/  Number of voting   % of voting
financial    price        date ^xvii Conversion rights instrument  rights ^xix,
instrument                           period     refers to          xx
                                     ^xviii
                                                                  
                                                                  Nominal Delta

                                                
Total (A+B+C)
Number of voting rights                     Percentage of voting rights
BELOW 3%                                    BELOW 3%



9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: ^xxi
Whereas:



(i) SBIH Investment UK Limited, SBIH UK Limited, SBI Broadband Funds
No.1 Limited Partnership and SBI BB Media Investment Limited Partnership are
controlled undertakings of SBI Holdings, Inc;

(ii) SBI Holdings, Inc. through the aforementioned controlled
undertakings, indirectly holds (in aggregate) Ordinary Shares in the capital
of the Betfair Group plc representing less than 3 per cent. of the voting
rights.

                                                                             
Proxy Voting:
10. Name of the proxy holder:                            --
11. Number of voting rights proxy holder will cease      --
to hold:
12. Date on which proxy holder will cease to hold        --
voting rights:
13. Additional information: This notification is made by each of SBI Holdings,
                            Inc, SBIH UK Limited and SBIH Investment UK
                            Limited in accordance with DTR 5.2.3
14. Contact name:           Takeshi Irie
15. Contact telephone       +81-3-6229-0129
number:



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

END


HOLUGGAGGUPPGUG -0- Nov/01/2012 10:18 GMT