TIDMBIFF TIDM42SB

RNS Number : 9574W

Biffa plc

15 February 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying                                               Biffa plc 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
----------------------------------------------------------------------------  ---------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
---------------------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                                     X 
--------------------------------------------------------------------------------  ------------------------------ 
 An acquisition or disposal of qualifying financial instruments                                  X 
  which may result in the acquisition of shares already issued to 
  which voting rights are attached 
--------------------------------------------------------------------------------  ------------------------------ 
 An acquisition or disposal of instruments with similar economic 
  effect to qualifying financial instruments 
--------------------------------------------------------------------------------  ------------------------------ 
 An event changing the breakdown of voting rights 
--------------------------------------------------------------------------------  ------------------------------ 
 Other (please 
  specify): 
------------------------------------------------------------------------  ------  ------------------------------ 
 3. Full name of person(s) subject                                              The Goldman Sachs Group, Inc. 
  to the 
  notification obligation: (iii) 
--------------------------------------------------------------------------  ------------------------------------ 
 4. Full name of shareholder(s)                                                     ELQ Investors II Ltd 
  (if different from 3.):(iv)                                                    Goldman Sachs International 
                                                                                     Goldman, Sachs & Co. 
--------------------------------------------------------------------------  ------------------------------------ 
 5. Date of the transaction and date                                                  02 February 2017 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------------------------------------  ------------------------------------ 
 6. Date on which issuer notified:                                                    06 February 2017 
--------------------------------------------------------------------------  ------------------------------------ 
 7. Threshold(s) that is/are crossed                                                      Below 5% 
  or 
  reached: (vi, vii) 
--------------------------------------------------------------------------  ------------------------------------ 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type of    Situation previous                 Resulting situation after the triggering 
 shares            to the triggering                  transaction 
                   transaction 
 if possible 
 using 
 the ISIN CODE 
---------------  ---------------------------------  ------------------------------------------------------------------ 
                  Number           Number            Number         Number of voting          % of voting rights 
                   of               of               of shares       rights                    (x) 
                   Shares           Voting 
                                    Rights 
---------------  ---------------  ----------------  -------------  ------------------------  ------------------------- 
                                                     Direct         Direct     Indirect       Direct     Indirect 
                                                                    (xi)        (xii) 
---------------    -------------    --------------  -------------  ---------  -------------  ---------  -------------- 
 
   GB00BD8DR117     12,154,909       12,154,909                                 12,135,477                   4.85% 
                 ---------------  ----------------  -------------  ---------  -------------  ---------  -------------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration       Exercise/                        Number of voting          % of voting 
 financial           date (xiii)      Conversion Period                rights that may           rights 
 instrument                           (xiv)                            be 
                                                                       acquired if the 
                                                                       instrument is 
                                                                       exercised/ converted. 
-----------------  ---------------  -------------------------------  ------------------------  ----------------------- 
    Stock Loan 
    (Physical)           Open                                                 91,631                    0.04% 
-----------------  ---------------  -------------------------------  ------------------------  ----------------------- 
 
    C: Financial Instruments with similar economic effect to Qualifying 
     Financial Instruments 
     (xv, xvi) 
   ---------------------------------------------------------------------------------------- 
    Resulting situation after the triggering transaction 
   ---------------------------------------------------------------------------------------- 
    Type of          Exercise   Expiration   Exercise/     Number of        % of voting 
    financial         price      date         Conversion   voting            rights (xix, 
    instrument                                period       rights            xx) 
                                                           instrument 
                                                           refers to 
   ---------------  ---------  -----------  ------------  ---------------  ---------------- 
                                                                            Nominal   Delta 
   ---------------  ---------  -----------  ------------  ---------------  --------  ------ 
---------------------------------------------------------------------------------------------------------------------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                               Percentage of voting rights 
----------------------------------------------------  ---------------------------------------------------------------- 
                     12,227,108                                                     4.89% 
----------------------------------------------------  ---------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------------------------------------------- 
 
   -----------------The Goldman Sachs Group, Inc.; 12,227,108 shares; 4.89% 
 
   GSSG Holdings LLC (Controlled by The Goldman Sachs Group, Inc.); 10,398,234 
   shares; 4.16% 
   GSSG Holdings LLC is a 75% voting, but non-managing, member of ELQ Holdings 
   (DEL) LLC; 10,398,234 shares; 4.16% 
   ELQ Holdings (UK) Ltd (Controlled by ELQ Holdings (DEL) LLC); 10,398,234 
   shares; 4.16% 
   ELQ Investors IX Ltd (Controlled by ELQ Holdings (UK) Ltd); 10,398,234 
   shares; 4.16% 
   ELQ Investors II Ltd (Controlled by ELQ Investors IX Ltd); 10,398,234 shares; 
   4.16% 
 
   Goldman Sachs (UK) L.L.C. (Controlled by The Goldman Sachs Group, Inc.); 
   Goldman Sachs Group UK Limited (Controlled by Goldman Sachs (UK) L.L.C.); 
   Goldman Sachs International (Controlled by Goldman Sachs Group UK Limited) 
 
   The Goldman, Sachs & Co. L.L.C. (Controlled by -----------------The Goldman 
   Sachs Group, Inc.); 
   Goldman, Sachs & Co. (Controlled by The Goldman, Sachs & Co. L.L.C.) 
 
 Proxy Voting: 
-------------------------------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                                                N/A 
-------------------------------------------------------------------------  ----------------------------------------- 
 11. Number of voting rights proxy holder will                                                N/A 
  cease 
  to hold: 
-------------------------------------------------------------------------  ----------------------------------------- 
 12. Date on which proxy holder will cease to                                                 N/A 
  hold 
  voting rights: 
-------------------------------------------------------------------------  ----------------------------------------- 
 
                                                                            Please note, total amount of voting 
  13. Additional information:                                                rights have been rounded to 2 decimal 
                                                                             places therefore there is a possibility 
                                                                             of a rounding error. 
                                                                             General email contact: 
                                                                             shareholderdisclosures@gs.com 
-------------------------------------------------------------------------  ----------------------------------------- 
 14. Contact name:                                                          Joanna Foley 
-------------------------------------------------------------------------  ----------------------------------------- 
 
 15. Contact telephone number:                                               +44 207 051 9996 
-------------------------------------------------------------------------  ----------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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