Form 8.5 (EPT/NON-RI) Biffa plc Amendment

RNS Number : 8497P

Barclays PLC

22 June 2022

 

FORM 8.5 (EPT/NON-RI) Amendment to Purchase

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS

(OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Name of exempt principal trader:

BARCLAYS CAPITAL SECURITIES LTD

(b)

Name of offeror/offeree in relation to whose

BIFFA PLC

relevant securities this form relates:

(c)

Name of the party to the offer with which exempt

Energy Capital Partners, LLC

principal trader is connected

(d)

Date position held/dealing undertaken:

20 June 2022

(e)

In addition to the company in 1(b) above, is the exempt principal

NO

trader making disclosures in respect of any other party to the offer?

2.

POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(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:

1p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

5,076,826

1.66%

1,597,288

0.52%

(2)

Cash-settled derivatives:

1,421,089

0.46%

4,435,790

1.45%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

6,497,915

2.12%

6,033,078

1.97%

(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:

3.				DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER
(a)	Purchases and sales
Class of relevant		Purchase/sale		Total number of		Highest price per unit	Lowest price per unit
security				securities		paid/received	paid/received
1p ordinary		Purchase		465,517		3.9880 GBP	3.9539 GBP
1p ordinary		Sale		100,715		3.9880 GBP	3.9398 GBP

(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
1p ordinary		SWAP		Decreasing Short		668	3.9517 GBP
1p ordinary		SWAP		Decreasing Short		11,932	3.9571 GBP
1p ordinary		SWAP		Increasing Long		2,664	3.9563 GBP
1p ordinary		SWAP		Increasing Long		20,442	3.9548 GBP
1p ordinary		SWAP		Increasing Short		14	3.9567 GBP
1p ordinary		SWAP		Increasing Short		37	3.9496 GBP
1p ordinary		SWAP		Increasing Short		44	3.9523 GBP
1p ordinary		SWAP		Increasing Short		54	3.9807 GBP
1p ordinary		SWAP		Increasing Short		143	3.9803 GBP
1p ordinary		SWAP		Increasing Short		238	3.9579 GBP
1p ordinary		SWAP		Increasing Short		408	3.9820 GBP
1p ordinary		SWAP		Increasing Short		962	3.9539 GBP
1p ordinary		SWAP		Increasing Short		1,017	3.9392 GBP
1p ordinary		SWAP		Increasing Short		1,017	3.9541 GBP
1p ordinary		SWAP		Increasing Short		1,223	3.9408 GBP
1p ordinary		SWAP		Increasing Short		1,534	3.9674 GBP
1p ordinary		SWAP		Increasing Short		2,067	3.9517 GBP
1p ordinary		SWAP		Increasing Short		2,154	3.9681 GBP
1p ordinary		SWAP		Increasing Short		2,808	3.9734 GBP
1p ordinary		SWAP		Increasing Short		3,116	3.9727 GBP
1p ordinary		SWAP		Increasing Short		3,203	3.9709 GBP
1p ordinary		SWAP		Increasing Short		3,503	3.9667 GBP
1p ordinary		SWAP		Increasing Short		6,167	3.9646 GBP
1p ordinary		SWAP		Increasing Short		7,092	3.9505 GBP
1p ordinary		SWAP		Increasing Short		23,915	3.9632 GBP
1p ordinary		SWAP		Increasing Short		152,222	3.9726 GBP
1p ordinary		CFD		Opening Long		2,204	3.9628 GBP
1p ordinary		CFD		Opening Long		35,202	3.9876 GBP
1p ordinary		SWAP		Opening Short		250,000	3.9539 GBP

(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						applicable)
4.				OTHER INFORMATION
(a)	Indemnity and other dealings 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 exempt principal trader making the disclosure and any party
to the offer or any person acting in concert with a party to the offer:
NONE
(b)	Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between
the exempt principal trader 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 of future acquisition or disposal of any relevant securities to which
any derivative is referenced:
NONE
(c)	Attachments
Is a Supplemental Form 8 (Open Positions) attached?				NO
Date of disclosure:				22 Jun 2022
Contact name:				Large Holdings Regulatory Operations

 

END

 

 

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