FORM 8.5 (EPT/NON-RI) |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN |
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EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS |
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(OR WHERE RI STATUS IS NOT APPLICABLE) |
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Rule 8.5 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Name of exempt principal trader: |
BARCLAYS CAPITAL SECURITIES LTD |
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(b) |
Name of offeror/offeree in relation to whose |
BIFFA PLC |
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relevant securities this form relates: |
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(c) |
Name of the party to the offer with which exempt |
Energy Capital Partners, LLC |
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principal trader is connected |
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(d) |
Date position held/dealing undertaken: |
02 August 2022 |
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(e) |
In addition to the company in 1(b) above, is the exempt principal |
NO |
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trader making disclosures in respect of any other party to the offer? |
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2. |
POSITIONS OF THE EXEMPT PRINCIPAL TRADER |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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to which the disclosure relates following the dealing (if any) |
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Class of relevant security: |
1p ordinary |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
13,198,206 |
4.31% |
1,693,342 |
0.55% |
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(2) |
Cash-settled derivatives: |
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1,418,410 |
0.46% |
13,026,568 |
4.26% |
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(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
0 |
0.00% |
0 |
0.00% |
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TOTAL: |
14,616,616 |
4.78% |
14,719,910 |
4.81% |
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(b) |
Rights to subscribe for new securities (including directors and other executive |
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options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER |
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(a) |
Purchases and sales |
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Class of relevant |
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Purchase/sale |
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Total number of |
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Highest price per unit |
Lowest price per unit |
security |
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securities |
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paid/received |
paid/received |
1p ordinary |
Purchase |
871,729 |
4.0220 GBP |
3.8026 GBP |
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1p ordinary |
Sale |
439,530 |
4.0224 GBP |
3.8024 GBP |
(b) |
Cash-settled derivative transactions |
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Class of |
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Product |
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Nature of dealing |
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Number of |
Price per |
relevant |
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description |
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reference |
unit |
security |
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securities |
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1p ordinary |
SWAP |
Decreasing Long |
2,276 |
3.9536 GBP |
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1p ordinary |
SWAP |
Decreasing Long |
2,620 |
3.9404 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
1 |
4.0200 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
6 |
3.9880 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
7 |
3.9900 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
14 |
3.9924 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
15 |
3.9940 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
42 |
4.0082 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
70 |
3.9464 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
384 |
3.9843 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
2,441 |
3.9423 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
5,651 |
4.0008 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
11,143 |
3.8665 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
32,994 |
3.9888 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
38,814 |
3.9398 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
45,336 |
3.8574 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
45,600 |
3.8321 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
54,860 |
3.9841 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
56,670 |
3.8575 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
96,912 |
3.9770 GBP |
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1p ordinary |
SWAP |
Decreasing Short |
203,338 |
3.9918 GBP |
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1p ordinary |
SWAP |
Increasing Short |
826 |
3.9378 GBP |
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1p ordinary |
SWAP |
Increasing Short |
2,479 |
3.8801 GBP |
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1p ordinary |
SWAP |
Increasing Short |
5,016 |
3.9962 GBP |
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1p ordinary |
SWAP |
Increasing Short |
5,562 |
3.9935 GBP |
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1p ordinary |
SWAP |
Increasing Short |
9,719 |
3.7826 GBP |
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1p ordinary |
SWAP |
Increasing Short |
13,635 |
3.9078 GBP |
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1p ordinary |
SWAP |
Increasing Short |
16,245 |
3.9805 GBP |
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1p ordinary |
SWAP |
Increasing Short |
16,670 |
3.9940 GBP |
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1p ordinary |
SWAP |
Increasing Short |
35,247 |
4.0160 GBP |
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1p ordinary |
SWAP |
Increasing Short |
250,000 |
3.8027 GBP |
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1p ordinary |
CFD |
Opening Long |
1,600 |
3.9274 GBP |
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1p ordinary |
SWAP |
Opening Short |
35,247 |
4.0160 GBP |
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1p ordinary |
SWAP |
Opening Short |
148,156 |
3.8502 GBP |
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1p ordinary |
SWAP |
Opening Short |
179,734 |
3.9915 GBP |
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1p ordinary |
SWAP |
Opening Long |
2,128 |
4.0157 GBP |
(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
of |
description |
purchasing, |
of |
price |
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date |
money |
relevant |
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selling, |
securities |
per unit |
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paid/ |
security |
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varying etc |
to which |
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received |
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option |
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per unit |
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relates |
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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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security |
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securities |
unit |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant |
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Nature of Dealings |
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Details |
Price per unit (if |
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security |
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applicable) |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the exempt principal trader making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
3 Aug 2022 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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