Form 8.5 (EPT/NON-RI) Biffa plc

RNS Number : 1695G

Barclays PLC

11 November 2022

 

FORM 8.5 (EPT/NON-RI)
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:		10 November 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:		7,910,852	2.58%	2,527,424	0.83%
(2)	Cash-settled derivatives:
			2,445,594	0.80%	7,826,681	2.56%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:		0	0.00%	0	0.00%
	TOTAL:		10,356,446	3.38%	10,354,105	3.38%
(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		720,524		4.1697 GBP	4.1067 GBP
1p ordinary		Sale		237,052		4.1693 GBP	4.1114 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		219	4.1702 GBP
1p ordinary		SWAP		Decreasing Long		1,061	4.1488 GBP
1p ordinary		SWAP		Decreasing Long		4,267	4.1366 GBP
1p ordinary		SWAP		Decreasing Long		6,096	4.1506 GBP
1p ordinary		SWAP		Decreasing Long		8,610	4.1284 GBP
1p ordinary		SWAP		Decreasing Long		30,191	4.1504 GBP
1p ordinary		SWAP		Decreasing Long		31,670	4.1542 GBP
1p ordinary		SWAP		Decreasing Long		59,478	4.1440 GBP
1p ordinary		SWAP		Decreasing Long		60,516	4.1693 GBP
1p ordinary		SWAP		Decreasing Long		66,411	4.1467 GBP
1p ordinary		SWAP		Decreasing Long		78,479	4.1586 GBP
1p ordinary		CFD		Decreasing Short		10,469	4.1691 GBP
1p ordinary		SWAP		Increasing Short		3	4.1380 GBP
1p ordinary		SWAP		Increasing Short		7	4.1294 GBP
1p ordinary		SWAP		Increasing Short		7	4.1465 GBP
1p ordinary		SWAP		Increasing Short		8	4.1550 GBP
1p ordinary		SWAP		Increasing Short		295	4.1254 GBP
1p ordinary		SWAP		Increasing Short		1,426	4.1447 GBP
1p ordinary		SWAP		Increasing Short		1,853	4.1142 GBP
1p ordinary		SWAP		Increasing Short		2,941	4.1532 GBP
1p ordinary		SWAP		Increasing Short		4,267	4.1366 GBP
1p ordinary		SWAP		Increasing Short		7,843	4.1459 GBP
1p ordinary		SWAP		Increasing Short		8,068	4.1460 GBP
1p ordinary		SWAP		Increasing Short		10,667	4.1110 GBP
1p ordinary		SWAP		Increasing Short		12,332	4.1694 GBP
1p ordinary		SWAP		Increasing Short		17,545	4.1699 GBP
1p ordinary		SWAP		Increasing Short		41,228	4.1584 GBP
1p ordinary		SWAP		Increasing Short		47,332	4.1432 GBP
1p ordinary		SWAP		Increasing Short		49,065	4.1490 GBP
1p ordinary		SWAP		Increasing Short		94,330	4.1472 GBP
1p ordinary		SWAP		Increasing Short		111,760	4.1119 GBP
1p ordinary		SWAP		Increasing Short		120,237	4.1420 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:			11 Nov 2022
Contact name:			Large Holdings Regulatory Operations
Telephone number:			020 3134 7213

 

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