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

JPMorgan Chase & CoAnnouncement

11/11/2022 11:02

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RNS Number : 1604G  Biffa plc  11 November 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

04-Nov-2022

6. Date on which Issuer notified

08-Nov-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  1.772660                                              4.231762                                                                   6.004422                        18381866
 Position of previous notification (if applicable)                          1.516512                                              4.205706                                                                   5.722218

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                                                                          5426804                                                                          1.772660
 Sub Total 8.A                                5426804                                                                               1.772660%

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      28/12/2022       28/12/2022                  Cash                         57856                    0.018899
 Cash-settled Equity Swap      06/01/2023       06/01/2023                  Cash                         31605                    0.010324
 Cash-settled Equity Swap      30/01/2023       30/01/2023                  Cash                         371174                   0.121244
 Cash-settled Equity Swap      15/02/2023       15/02/2023                  Cash                         371174                   0.121244
 Cash-settled Equity Swap      23/02/2023       23/02/2023                  Cash                         600733                   0.196229
 Cash-settled Equity Swap      01/03/2023       01/03/2023                  Cash                         35673                    0.011653
 Cash-settled Equity Swap      08/03/2023       08/03/2023                  Cash                         3817987                  1.247142
 Cash-settled Equity Swap      23/03/2023       23/03/2023                  Cash                         1916404                  0.625992
 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                     0.002710
 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                    0.015591
 Cash-settled Equity Swap      03/10/2023       03/10/2023                  Cash                         140807                   0.045994
 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                         2678                     0.000875
 Cash-settled Equity Swap      02/11/2023       02/11/2023                  Cash                         85327                    0.027872
 Cash-settled Equity Swap      06/11/2023       06/11/2023                  Cash                         64                       0.000021
 Cash-settled Equity Swap      12/10/2029       12/10/2029                  Cash                         6850                     0.002238
 Cash-settled Equity Swap      19/10/2029       19/10/2029                  Cash                         12971                    0.004237
 Cash-settled Equity Swap      03/01/2024       03/01/2024                  Cash                         89462                    0.029223
 Sub Total 8.B2                                                                                          12955062                 4.231762%

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                                                                                  4.231762                                                                    6.004422%

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

08-Nov-2022

13. Place Of Completion

London

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