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BIFF Biffa Plc

410.00
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Biffa Plc LSE:BIFF London Ordinary Share GB00BD8DR117 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 410.00 409.80 410.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Biffa plc Holding(s) in Company (2704M)

27/07/2017 8:54am

UK Regulatory


TIDMBIFF

RNS Number : 2704M

Biffa plc

27 July 2017

TR-1: Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant 
  issuer and to the FCA in Microsoft Word format if possible)(i) 
------------------------------------------------------------------------------------------------------ 
 
 1a. Identity of the issuer                                             Biffa PLC 
  or the underlying issuer 
  of existing shares to which 
  voting rights are attached(ii) 
  : 
-------------------------------------------------  --------------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer 
  (please mark with an "X" if appropriate) 
------------------------------------------------------------------------------------------------------ 
 Non-UK issuer 
---------------------------------------------------------------------------------------  ------------- 
 2. Reason for the notification (please mark the appropriate 
  box or boxes with an "X") 
------------------------------------------------------------------------------------------------------ 
 An acquisition or disposal of voting rights                                                   X 
---------------------------------------------------------------------------------------  ------------- 
 An acquisition or disposal of financial instruments 
---------------------------------------------------------------------------------------  ------------- 
 An event changing the breakdown of voting rights 
---------------------------------------------------------------------------------------  ------------- 
 Other (please specify)(iii) : 
---------------------------------------------------------------------------------------  ------------- 
 3. Details of person subject to the notification obligation(iv) 
 Name                                               Avenue Europe International 
                                                     Management, L.P. 
 City and country of registered 
  office (if applicable) 
 4. Full name of shareholder(s) (if different from 3.)(v) 
------------------------------------------------------------------------------------------------------ 
 Name 
                                                                        Avenue - COPPERS Opportunities 
                                                                                            Fund, L.P. 
                                                                           Avenue Europe Opportunities 
                                                                                     Master Fund, L.P. 
                                                                     Avenue-SLP European Opportunities 
                                                                                            Fund, L.P. 
                                                                      Avenue Europe Special Situations 
                                                                                  Fund II (Euro), L.P. 
                                                                      Avenue Europe Special Situations 
                                                                                    Fund II (US), L.P. 
                                                                      Avenue ASRS Europe Opportunities 
                                                                                            Fund, L.P. 
                                                                      Avenue Europe Special Situations 
                                                                                 Fund III (Euro), L.P. 
                                                                      Avenue Europe Special Situations 
                                                                                   Fund III (US), L.P. 
-------------------------------------------------  --------------------------------------------------- 
 City and country of registered 
  office (if applicable) 
-------------------------------------------------  --------------------------------------------------- 
 5. Date on which the threshold 
  was crossed or reached(vi) 
  :                                                  25/07/2017 
-------------------------------------------------  --------------------------------------------------- 
 6. Date on which issuer notified                   26/07/2017 
  (DD/MM/YYYY): 
-------------------------------------------------  --------------------------------------------------- 
 7. Total positions of person(s) subject to the notification 
  obligation 
------------------------------------------------------------------------------------------------------ 
                               % of voting            % of voting          Total of       Total number 
                              rights attached        rights through        both in %       of voting 
                                 to shares             financial          (8.A + 8.B)      rights of 
                                 (total of            instruments                          issuer(vii) 
                                   8. A)               (total of 
                                                      8.B 1 + 8.B 
                                                           2) 
----------------------  -------------------------  -----------------  -----------------  ------------- 
 Resulting 
  situation 
  on the date 
  on which 
  threshold 
  was crossed 
  or reached             11.05%                     4.25%              15.29%             250,000,000 
----------------------  -------------------------  -----------------  -----------------  ------------- 
 Position 
  of previous 
  notification 
  (if 
  applicable)            15.52%                     4.25%              19.77% 
----------------------  -------------------------  -----------------  -----------------  ------------- 
 
 
 
 8. Notified details of the resulting situation on the 
  date on which the threshold was crossed or reached(viii) 
--------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
--------------------------------------------------------------------------------------------------------------- 
 Class/type             Number of voting rights(ix)              % of voting rights 
  of 
  shares 
  ISIN code 
  (if possible) 
--------------------- 
                              Direct             Indirect                   Direct                  Indirect 
                             (Art 9 of           (Art 10 of                (Art 9 of               (Art 10 of 
                             Directive           Directive                 Directive                Directive 
                           2004/109/EC)         2004/109/EC)              2004/109/EC)            2004/109/EC) 
                             (DTR5.1)            (DTR5.2.1)                 (DTR5.1)               (DTR5.2.1) 
--------------------   -------------------  ------------------  ------------------------------  --------------- 
 
 GB00BD8DR117                27,617,962.00       10,618,874.00   11.05%                          4.25% 
---------------------  -------------------  ------------------  ------------------------------  --------------- 
 
 
 SUBTOTAL 
  8. A                                38,236,836 
---------------------  ---------------------------------------  ----------------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) 
  of Directive 2004/109/EC (DTR5.3.1.1 (a)) 
--------------------------------------------------------------------------------------------------------------- 
 Type of financial      Expiration           Exercise/           Number of voting                % of voting 
  instrument             date(x)              Conversion          rights that                     rights 
                                              Period(xi)          may be acquired 
                                                                  if the instrument 
                                                                  is 
                                                                  exercised/converted. 
---------------------  -------------------  ------------------  ------------------------------  --------------- 
 N/A                    N/A                  N/A                 N/A                             N/A 
---------------------  -------------------  ------------------  ------------------------------  --------------- 
 
 
                                             SUBTOTAL 8. 
                                              B 1 
                                            ------------------  ------------------------------  --------------- 
 
 B 2: Financial Instruments with similar economic effect 
  according to Art. 13(1)(b) of Directive 2004/109/EC 
  (DTR5.3.1.1 (b)) 
--------------------------------------------------------------------------------------------------------------- 
 Type of               Expiration            Exercise/           Physical           Number       % of voting 
  financial             date(x)              Conversion          or cash             of voting    rights 
  instrument                                 Period              settlement(xii)     rights 
                                             (xi) 
--------------------  --------------------  ------------------  -----------------  -----------  --------------- 
 Contracts 
  for Difference 
  (CfD)                N/A                   N/A                 N/A                10,618,874   4.25% 
--------------------  --------------------  ------------------  -----------------  -----------  --------------- 
 
 
                                                                 SUBTOTAL 
                                                                  8.B.2             10,618,874 
                                                                -----------------  -----------  --------------- 
 
 
 
 
 9. Information in relation to the person subject to 
  the notification obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is 
  not controlled by any natural person or legal entity 
  and does not control any other undertaking(s) holding 
  directly or indirectly an interest in the (underlying) 
  issuer(xiii) 
 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 entity(xiv) (please add additional rows as 
  necessary) 
------------------------------------------------------------------  --------------------- 
        Name(xv)            % of voting          % of voting            Total of both 
                            rights if it        rights through           if it equals 
                            equals or is     financial instruments       or is higher 
                            higher than          if it equals        than the notifiable 
                           the notifiable        or is higher             threshold 
                             threshold        than the notifiable 
                                                   threshold 
-----------------------  ----------------  -----------------------  --------------------- 
 Avenue Europe 
  International 
  Management, 
  L.P.                    11.05             4.25                     15.29 
-----------------------  ----------------  -----------------------  --------------------- 
 Avenue Europe 
  International 
  Management GenPar, 
  LLC                     11.05             4.25                     15.29 
-----------------------  ----------------  -----------------------  --------------------- 
 Marc Lasry, 
  Managing Member 
  of the general 
  Partner Avenue 
  Europe International 
  Management, 
  LLP                     11.05             4.25                     15.29 
-----------------------  ----------------  -----------------------  --------------------- 
 
 
 
 10. In case of proxy voting, please identify: 
----------------------------------------------------------------------------------------- 
 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(xvi) 
----------------------------------------------------------------------------------------- 
 
 
 
 
 Place of completion   New York, NY 
--------------------  ------------- 
 Date of completion    26/7/17 
--------------------  ------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLRRMRTMBATMTR

(END) Dow Jones Newswires

July 27, 2017 03:54 ET (07:54 GMT)

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