28 Nov 2022 15:53
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; An acquisition or disposal of financial instruments
3. Details of person subject to the notification obligation
Name
Bank of America Corporation
City of registered office (if applicable)
ย
Country of registered office (if applicable)
US
4. Details of the shareholder
Name | City of registered office | Country of registered office |
Merrill Lynch International | London | United Kingdom |
5. Date on which the threshold was crossed or reached
25-Nov-2022
6. Date on which Issuer notified
28-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 | 3.584107 | 7.418649 | 11.002756 | 33684610 |
Position of previous notification (if applicable) | 4.335445 | 6.646853 | 10.982298 |
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 | 10972636 | 3.584107 | ||
Sub Total 8.A | 10972636 | 3.584107% |
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 exercised/converted | % of voting rights |
Right to Recall | N/A | N/A | 2412637 | 0.788065 |
Sub Total 8.B1 | 2412637 | 0.788065% |
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 |
Swaps | 15/02/2023 | N/A | Cash | 248955 | 0.081319 |
Swaps | 27/10/2023 | N/A | Cash | 1698893 | 0.554927 |
Swaps | 28/02/2023 | N/A | Cash | 6387 | 0.002086 |
Swaps | 31/10/2023 | N/A | Cash | 13230 | 0.004321 |
Swaps | 17/05/2023 | N/A | Cash | 1952709 | 0.637834 |
Swaps | 04/01/2023 | N/A | Cash | 5282288 | 1.725409 |
Swaps | 06/05/2025 | N/A | Cash | 740 | 0.000242 |
Swaps | 31/07/2024 | N/A | Cash | 256089 | 0.083649 |
Swaps | 03/05/2023 | N/A | Cash | 6054000 | 1.977481 |
Swaps | 01/12/2023 | N/A | Cash | 17926 | 0.005855 |
Swaps | 20/01/2023 | N/A | Cash | 4715046 | 1.540125 |
Swaps | 31/01/2023 | N/A | Cash | 53074 | 0.017336 |
Sub Total 8.B2 | 20299337 | 6.630584% |
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 than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
Bank of America Corporation | Bank of America, NA | 3.266060 | 3.266060% | |
Bank of America Corporation | Merrill Lynch International | 3.584107 | 4.151804 | 7.735911% |
Bank of America Corporation | BofA Securities Europe SA |
10. In case of proxy voting
Name of the proxy holder
ย
The number and % of voting rights held
ย
The date until which the voting rights will be held
ย
11. Additional Information
ย
12. Date of Completion
28-Nov-2022
13. Place Of Completion
United Kingdom