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

RNS Number : 5104T

Barclays PLC

22 July 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 July 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:		13,180,338	4.31%	1,725,462	0.56%
(2)	Cash-settled derivatives:
			1,416,117	0.46%	11,851,411	3.87%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:		0	0.00%	0	0.00%
	TOTAL:		14,596,455	4.77%	13,576,873	4.44%
(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		505,077		3.6140 GBP	3.56 GBP
1p ordinary		Sale		181,694		3.6225 GBP	3.5602 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 Long		968	3.6015 GBP
1p ordinary		SWAP		Decreasing Long		1,974	3.5961 GBP
1p ordinary		SWAP		Decreasing Long		3,103	3.5960 GBP
1p ordinary		SWAP		Increasing Short		4	3.6180 GBP
1p ordinary		SWAP		Increasing Short		9	3.6113 GBP
1p ordinary		SWAP		Increasing Short		10	3.5600 GBP
1p ordinary		SWAP		Increasing Short		15	3.5786 GBP
1p ordinary		SWAP		Increasing Short		171	3.6659 GBP
1p ordinary		SWAP		Increasing Short		272	3.6087 GBP
1p ordinary		SWAP		Increasing Short		414	3.6022 GBP
1p ordinary		SWAP		Increasing Short		603	3.5841 GBP
1p ordinary		SWAP		Increasing Short		640	3.6177 GBP
1p ordinary		SWAP		Increasing Short		669	3.5780 GBP
1p ordinary		SWAP		Increasing Short		1,169	3.5792 GBP
1p ordinary		SWAP		Increasing Short		1,707	3.6009 GBP
1p ordinary		SWAP		Increasing Short		2,049	3.5858 GBP
1p ordinary		SWAP		Increasing Short		3,024	3.5600 GBP
1p ordinary		SWAP		Increasing Short		4,193	3.5835 GBP
1p ordinary		SWAP		Increasing Short		4,302	3.5908 GBP
1p ordinary		SWAP		Increasing Short		4,638	3.6129 GBP
1p ordinary		SWAP		Increasing Short		8,746	3.5704 GBP
1p ordinary		SWAP		Increasing Short		16,080	3.5741 GBP
1p ordinary		SWAP		Increasing Short		17,912	3.5745 GBP
1p ordinary		SWAP		Increasing Short		58,307	3.5680 GBP
1p ordinary		SWAP		Increasing Short		230,893	3.6017 GBP
1p ordinary		CFD		Opening Long		292	3.4843 GBP
1p ordinary		CFD		Opening Long		4,162	3.5952 GBP
1p ordinary		CFD		Opening Long		35,962	3.5623 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 Jul 2022
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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