4th Nov 2022 11:09
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: | 03 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: | 8,262,659 | 2.70% | 2,687,638 | 0.88% | |||
(2) | Cash-settled derivatives: | ||||||
2,604,044 | 0.85% | 8,205,690 | 2.68% | ||||
(3) | Stock-settled derivatives (including options) | ||||||
and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 10,866,703 | 3.55% | 10,893,328 | 3.56% | |||
(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 | 81,666 | 4.1246 GBP | 4.1137 GBP | |||
1p ordinary | Sale | 57,760 | 4.1189 GBP | 4.11 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 | 200 | 4.1159 GBP | |||
1p ordinary | SWAP | Decreasing Long | 3,114 | 4.1167 GBP | |||
1p ordinary | CFD | Decreasing Short | 4 | 4.1125 GBP | |||
1p ordinary | CFD | Decreasing Short | 5,173 | 4.1151 GBP | |||
1p ordinary | SWAP | Increasing Long | 6,359 | 4.1164 GBP | |||
1p ordinary | SWAP | Increasing Long | 24,970 | 4.1189 GBP | |||
1p ordinary | SWAP | Increasing Short | 755 | 4.1137 GBP | |||
1p ordinary | SWAP | Increasing Short | 973 | 4.1172 GBP | |||
1p ordinary | SWAP | Increasing Short | 1,351 | 4.1140 GBP | |||
1p ordinary | SWAP | Increasing Short | 3,114 | 4.1167 GBP | |||
1p ordinary | SWAP | Increasing Short | 3,374 | 4.1246 GBP | |||
1p ordinary | SWAP | Increasing Short | 3,429 | 4.1110 GBP | |||
1p ordinary | SWAP | Increasing Short | 7,011 | 4.1146 GBP | |||
1p ordinary | SWAP | Increasing Short | 7,660 | 4.1144 GBP | |||
1p ordinary | SWAP | Increasing Short | 7,675 | 4.1139 GBP | |||
1p ordinary | SWAP | Increasing Short | 8,829 | 4.1145 GBP | |||
1p ordinary | SWAP | Increasing Short | 16,142 | 4.1239 GBP | |||
1p ordinary | SWAP | Increasing Short | 28,921 | 4.1214 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: | 4 Nov 2022 | |||||
Contact name: | Large Holdings Regulatory Operations | |||||
Telephone number: | 020 3134 7213 | |||||
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