FORM 8.5 (EPT/NON-RI) Amendment to Sale |
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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 | |||||||
(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: | 22 July 2022 | ||||||
(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? | | | | ||||
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) |
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Class of relevant security: | 1p ordinary | | | |||||
| Interests | Short Positions | ||||||
| Number | (%) | Number | (%) | ||||
(1) | Relevant securities owned | | | | | |||
| and/or controlled: | 12,948,458 | 4.23% | 1,732,103 | 0.57% | |||
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(2) | Cash-settled derivatives: | | | | | |||
| | | 1,444,682 | 0.47% | 12,799,090 | 4.18% | ||
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(3) | Stock-settled derivatives (including options) | | | | | |||
| and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
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| TOTAL: | | 14,393,140 | 4.71% | 14,531,193 | 4.75% | ||
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(b) | Rights to subscribe for new securities (including directors and other executive | |||||||
| options) |
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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 | 35,796 | 3.7200 GBP | 3.6118 GBP | |||
1p ordinary | Sale | 103,540 | 3.7200 GBP | 3.612 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 | 107 | 3.6650 GBP | |||
1p ordinary | SWAP | Decreasing Long | 1,001 | 3.6808 GBP | |||
1p ordinary | SWAP | Decreasing Long | 1,572 | 3.6807 GBP | |||
1p ordinary | SWAP | Decreasing Short | 1 | 3.6763 GBP | |||
1p ordinary | SWAP | Decreasing Short | 118 | 3.6406 GBP | |||
1p ordinary | SWAP | Decreasing Short | 430 | 3.6682 GBP | |||
1p ordinary | SWAP | Decreasing Short | 500 | 3.6854 GBP | |||
1p ordinary | SWAP | Decreasing Short | 939 | 3.6504 GBP | |||
1p ordinary | SWAP | Decreasing Short | 2,342 | 3.6787 GBP | |||
1p ordinary | SWAP | Decreasing Short | 3,012 | 3.7040 GBP | |||
1p ordinary | SWAP | Decreasing Short | 4,289 | 3.6753 GBP | |||
1p ordinary | SWAP | Decreasing Short | 6,996 | 3.6119 GBP | |||
1p ordinary | SWAP | Decreasing Short | 10,945 | 3.6825 GBP | |||
1p ordinary | SWAP | Decreasing Short | 18,154 | 3.6804 GBP | |||
1p ordinary | SWAP | Decreasing Short | 37,608 | 3.6115 GBP | |||
1p ordinary | CFD | Increasing Long | 1,374 | 3.7074 GBP | |||
1p ordinary | SWAP | Increasing Short | 11 | 3.6740 GBP | |||
1p ordinary | SWAP | Increasing Short | 13 | 3.6255 GBP | |||
1p ordinary | SWAP | Increasing Short | 14 | 3.6245 GBP | |||
1p ordinary | SWAP | Increasing Short | 1,478 | 3.6988 GBP | |||
1p ordinary | SWAP | Increasing Short | 1,828 | 3.6460 GBP | |||
1p ordinary | SWAP | Increasing Short | 2,346 | 3.6752 GBP | |||
1p ordinary | SWAP | Increasing Short | 12,405 | 3.6180 GBP | |||
1p ordinary | SWAP | Increasing Short | 13,671 | 3.6194 GBP | |||
1p ordinary | SWAP | Opening Long | 6,888 | 3.6495 GBP |
(c) | Stock-settled derivative transactions (including options) | ||||||
(i) | Writing, selling, purchasing or varying |
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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 | | | | |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security | | | | securities | unit | ||
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(d) | Other dealings (including subscribing for new securities) | ||||||
Class of relevant | | Nature of Dealings | | Details | Price per unit (if | | |
security | | | | applicable) | | ||
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4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements |
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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 |
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Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 26 Jul 2022 | | | | |||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | | |
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