REG - Biffa plc JPMorgan Chase & Co - Holding(s) in Company

JPMorgan Chase & CoAnnouncement

07/10/2022 15:00

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RNS Number : 2253C  Biffa plc  07 October 2022

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

05-Oct-2022

6. Date on which Issuer notified

07-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  1.926086                                              3.441422                                                                   5.367508                        16429977
 Position of previous notification (if applicable)                          3.195985                                              2.129641                                                                   5.325626

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                                                                          5895763                                                                          1.926086
 Sub Total 8.A                                5895763                                                                               1.926086%

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  % of voting rights
                                                                            exercised/converted

 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      26/10/2022       26/10/2022                  Cash                         1349438                  0.440848
 Cash-settled Equity Swap      28/10/2022       28/10/2022                  Cash                         796000                   0.260045
 Cash-settled Equity Swap      08/11/2022       08/11/2022                  Cash                         3879228                  1.267305
 Cash-settled Equity Swap      28/12/2022       28/12/2022                  Cash                         70368                    0.022989
 Cash-settled Equity Swap      06/01/2023       06/01/2023                  Cash                         31605                    0.010325
 Cash-settled Equity Swap      01/03/2023       01/03/2023                  Cash                         22674                    0.007407
 Cash-settled Equity Swap      08/03/2023       08/03/2023                  Cash                         3817987                  1.247298
 Cash-settled Equity Swap      02/08/2023       02/08/2023                  Cash                         8295                     0.002710
 Cash-settled Equity Swap      04/09/2023       04/09/2023                  Cash                         144                      0.000047
 Cash-settled Equity Swap      27/09/2023       27/09/2023                  Cash                         47729                    0.015593
 Cash-settled Equity Swap      03/10/2023       03/10/2023                  Cash                         173101                   0.056550
 Cash-settled Equity Swap      30/10/2023       30/10/2023                  Cash                         13410                    0.004381
 Cash-settled Equity Swap      01/11/2023       01/11/2023                  Cash                         8116                     0.002651
 Cash-settled Equity Swap      02/11/2023       02/11/2023                  Cash                         97483                    0.031847
 Cash-settled Equity Swap      04/12/2023       04/12/2023                  Cash                         218636                   0.071426
 Sub Total 8.B2                                                                                          10534214                 3.441422%

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  Total of both if it equals or is higher than the notifiable threshold
                                                                                                                                          than the notifiable threshold
 JPMorgan Chase & Co.         J.P. Morgan Securities plc                                                                                  3.441421                                                                    5.367507%

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

07-Oct-2022

13. Place Of Completion

London

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