/Equities/XLON/BARC/RNS

Form 8.5 (EPT/NON-RI) Biffa plc

RNS Number : 1249Q

Barclays PLC

24 June 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")

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:

23 June 2022

(e)

In addition to the company in 1(b) above, is the exempt principal

trader making disclosures in respect of any other party to the offer?

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:

7,199,252

2.35%

1,679,099

0.55%

(2)

Cash-settled derivatives:

1,493,259

0.49%

6,946,915

2.27%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0.00%

TOTAL:

8,692,511

2.84%

8,626,014

2.82%

(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	996,789	4.0512 GBP	4.018 GBP
1p ordinary		Sale	377,689	4.0480 GBP	4.014 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 Short	19	4.0220 GBP
1p ordinary		SWAP	Decreasing Short	382	4.0322 GBP
1p ordinary		SWAP	Decreasing Short	5,727	4.0503 GBP
1p ordinary		SWAP	Decreasing Short	6,553	4.0278 GBP
1p ordinary		SWAP	Decreasing Short	10,456	4.0358 GBP
1p ordinary		SWAP	Decreasing Short	11,715	4.0464 GBP
1p ordinary		SWAP	Decreasing Short	18,007	4.0332 GBP
1p ordinary		SWAP	Decreasing Short	70,070	4.0217 GBP
1p ordinary		SWAP	Decreasing Short	327,526	4.0369 GBP
1p ordinary		SWAP	Increasing Long	3,775	4.0341 GBP
1p ordinary		CFD	Increasing Long	8,105	4.0476 GBP
1p ordinary		SWAP	Increasing Long	18,386	4.0333 GBP
1p ordinary		SWAP	Increasing Short	326	4.0461 GBP
1p ordinary		SWAP	Increasing Short	1,010	4.0512 GBP
1p ordinary		SWAP	Increasing Short	1,551	4.0293 GBP
1p ordinary		SWAP	Increasing Short	2,547	4.0353 GBP
1p ordinary		SWAP	Increasing Short	5,088	4.0317 GBP
1p ordinary		SWAP	Increasing Short	5,254	4.0480 GBP
1p ordinary		SWAP	Increasing Short	6,100	4.0474 GBP
1p ordinary		SWAP	Increasing Short	8,108	4.0427 GBP
1p ordinary		SWAP	Increasing Short	8,108	4.0314 GBP
1p ordinary		SWAP	Increasing Short	10,184	4.0421 GBP
1p ordinary		SWAP	Increasing Short	14,988	4.0315 GBP
1p ordinary		SWAP	Increasing Short	38,980	4.0334 GBP
1p ordinary		SWAP	Increasing Short	327,526	4.0369 GBP
1p ordinary		SWAP	Increasing Short	500,000	4.0416 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				Exercising/ exercised against		securities	unit


(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security				Details		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:				24 Jun 2022
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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END

FEOSEEFSLEESESM

TIDM	BARC
Share Price	499.35p-0.07%
Market Cap	£67.05bn

Date	24 Jun 2022
Time	11:04:19
Category	Holding(s) in company
ID	1249Q

TIDM	BARC
Share Price	499.35p-0.07%
Market Cap	£67.05bn

Date	24 Jun 2022
Time	11:04:19
Category	Holding(s) in company
ID	1249Q

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Form 8.5 (EPT/NON-RI) Biffa plc