31st Oct 2022 11:55
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BD8DR117
Issuer Name
BIFFA PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
JPMorgan Chase & Co.
City of registered office (if applicable)
Country of registered office (if applicable)
US
4. Details of the shareholder
Name | City of registered office | Country of registered office |
J.P. Morgan Securities Plc |
5. Date on which the threshold was crossed or reached
26-Oct-2022
6. Date on which Issuer notified
28-Oct-2022
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer | |
Resulting situation on the date on which threshold was crossed or reached | 0.612714 | 5.345260 | 5.957974 | 18239858 |
Position of previous notification (if applicable) | 1.089243 | 5.544692 | 6.633935 |
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
GB00BD8DR117 | 1875759 | 0.612714 | ||
Sub Total 8.A | 1875759 | 0.612714% | ||
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
| ||||
Sub Total 8.B1 | ||||
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |
Cash-settled Equity Swap | 08/11/2022 | 08/11/2022 | Cash | 3879228 | 1.267146 |
Cash-settled Equity Swap | 28/12/2022 | 28/12/2022 | Cash | 72049 | 0.023528 |
Cash-settled Equity Swap | 06/01/2023 | 06/01/2023 | Cash | 31605 | 0.010322 |
Cash-settled Equity Swap | 30/01/2023 | 30/01/2023 | Cash | 371174 | 0.121243 |
Cash-settled Equity Swap | 15/02/2023 | 15/02/2023 | Cash | 371174 | 0.121243 |
Cash-settled Equity Swap | 23/02/2023 | 23/02/2023 | Cash | 600733 | 0.196228 |
Cash-settled Equity Swap | 01/03/2023 | 01/03/2023 | Cash | 35438 | 0.011575 |
Cash-settled Equity Swap | 08/03/2023 | 08/03/2023 | Cash | 3817987 | 1.247141 |
Cash-settled Equity Swap | 23/03/2023 | 23/03/2023 | Cash | 1252332 | 0.409073 |
Cash-settled Equity Swap | 17/05/2023 | 17/05/2023 | Cash | 5265202 | 1.719873 |
Cash-settled Equity Swap | 02/08/2023 | 02/08/2023 | Cash | 8295 | 0.002706 |
Cash-settled Equity Swap | 04/09/2023 | 04/09/2023 | Cash | 144 | 0.000046 |
Cash-settled Equity Swap | 27/09/2023 | 27/09/2023 | Cash | 47729 | 0.015589 |
Cash-settled Equity Swap | 03/10/2023 | 03/10/2023 | Cash | 162499 | 0.053061 |
Cash-settled Equity Swap | 20/10/2023 | 20/10/2023 | Cash | 90000 | 0.029398 |
Cash-settled Equity Swap | 30/10/2023 | 30/10/2023 | Cash | 2927 | 0.000956 |
Cash-settled Equity Swap | 01/11/2023 | 01/11/2023 | Cash | 2728 | 0.000891 |
Cash-settled Equity Swap | 02/11/2023 | 02/11/2023 | Cash | 112839 | 0.036844 |
Cash-settled Equity Swap | 04/12/2023 | 04/12/2023 | Cash | 220195 | 0.071924 |
Cash-settled Equity Swap | 12/10/2029 | 12/10/2029 | Cash | 6850 | 0.002237 |
Cash-settled Equity Swap | 19/10/2029 | 19/10/2029 | Cash | 12971 | 0.004236 |
Sub Total 8.B2 | 16364099 | 5.345260% | |||
9. Information in relation to the person subject to the notification obligation
2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)
Ultimate controlling person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
JPMorgan Chase & Co. | J.P. Morgan Securities plc | 5.345260 | 5.957974% |
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
Chain of controlled undertakings:JPMorgan Chase & Co.JPMorgan Chase Bank, National Association (100%)J.P. Morgan International Finance Limited (100%)J.P. Morgan Capital Holdings Limited (100%)J.P. Morgan Securities plc (100%)
12. Date of Completion
28-Oct-2022
13. Place Of Completion
London
Related Shares:
BIFF.L