Stabilisation notice – biffa plc

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA OR ANY JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE UNLAWFUL.






November 14, 2016









Mid-Stabilisation Period Announcement








Biffa plc (the “Company”)




Further to the pre-stabilisation period announcement dated 17 October, 2016, Citigroup Global Markets Limited (contact: Suneel Hargunani, telephone: +44 20 7986 8764) hereby gives notice that the Stabilisation Manager named below undertook stabilisation (within the meaning of Article 3.2.(d) of the Market Abuse Regulation (EU/596/2014)) in relation to the offer of the following securities, as set out below;






Issuer:

Biffa plc

Securities:

Ordinary Shares (ISIN GB00BD8DR117)

Offering Size:

118,001,417 Ordinary Shares excluding the over-allotment option

Offer Price:

180 pence per Ordinary Share

Market:

London Stock Exchange, Over-The-Counter (OTC) and other order book venues e.g. Turquoise, BATS and Chi-X

Ticker:

BIFF

Stabilisation Manager:

Citigroup Global Markets Limited




Stabilisation Transactions:

Date & Time (London Time)

Quantity

Price

Currency

Stabilisation Trading Venue

07/11/2016 15:55

1,010

174.00

GBp

London Stock Exchange

07/11/2016 16:00

510

174.00

GBp

London Stock Exchange

07/11/2016 16:00

1,010

174.00

GBp

London Stock Exchange

07/11/2016 16:08

1,587

174.00

GBp

London Stock Exchange

07/11/2016 16:19

1,574

174.00

GBp

London Stock Exchange

07/11/2016 16:35

200

175.00

GBp

London Stock Exchange

07/11/2016 16:35

987

175.00

GBp

London Stock Exchange

07/11/2016 16:35

906

175.00

GBp

London Stock Exchange

07/11/2016 16:35

1,343

175.00

GBp

London Stock Exchange

07/11/2016 16:35

4,220

175.00

GBp

London Stock Exchange

07/11/2016 16:35

1,939

175.00

GBp

London Stock Exchange

07/11/2016 16:35

7,780

175.00

GBp

London Stock Exchange

07/11/2016 16:35

988

175.00

GBp

London Stock Exchange

07/11/2016 16:35

946

175.00

GBp

London Stock Exchange

08/11/2016 15:25

199

172.50

GBp

London Stock Exchange

08/11/2016 15:26

108

172.50

GBp

London Stock Exchange

08/11/2016 15:28

1,629

172.50

GBp

London Stock Exchange

08/11/2016 15:28

274

172.50

GBp

London Stock Exchange

08/11/2016 15:31

481

172.50

GBp

London Stock Exchange

08/11/2016 15:31

671

172.50

GBp

London Stock Exchange

08/11/2016 15:35

1,692

172.50

GBp

London Stock Exchange

08/11/2016 15:38

1,718

172.50

GBp

London Stock Exchange

08/11/2016 15:38

898

172.50

GBp

London Stock Exchange

08/11/2016 15:40

1,250

172.50

GBp

London Stock Exchange

08/11/2016 15:41

938

172.50

GBp

London Stock Exchange

08/11/2016 15:41

1,080

172.50

GBp

London Stock Exchange

08/11/2016 15:47

1,222

172.50

GBp

London Stock Exchange

08/11/2016 15:58

340

172.50

GBp

London Stock Exchange

08/11/2016 16:01

975

172.50

GBp

London Stock Exchange

08/11/2016 16:04

1,525

172.50

GBp

London Stock Exchange

08/11/2016 16:07

1,433

172.00

GBp

London Stock Exchange

08/11/2016 16:11

3,908

173.00

GBp

London Stock Exchange

08/11/2016 16:12

1,092

173.00

GBp

London Stock Exchange

10/11/2016 16:35

10,279

176.50

GBp

London Stock Exchange

11/11/2016 15:56

2,670

177.00

GBp

London Stock Exchange

11/11/2016 16:00

157

177.00

GBp

London Stock Exchange

11/11/2016 16:08

5,461

177.00

GBp

London Stock Exchange




Disclaimer





This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.


This announcement and the offer of the securities to which it relates are only addressed to and directed at persons outside the United Kingdom and persons in the United Kingdom who have professional experience in matters related to investments or who are high net worth persons within article 12(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and must not be acted on or relied on by other persons in the United Kingdom.


In addition, if and to the extent that this announcement is communicated in, or the offer of the securities to which it relates is made in, any EEA Member State that has implemented Directive 2003/71/EC (together with any applicable implementing measures in any Member State, the “Prospectus Directive”) before the publication of a prospectus in relation to the securities which has been approved by the competent authority in that Member State in accordance with the Prospectus Directive (or which has been approved by a competent authority in another Member State and notified to the competent authority in that Member State in accordance with the Prospectus Directive), this announcement and the offer are only addressed to and directed at persons in that Member State who are qualified investors within the meaning of the Prospectus Directive (or who are other persons to whom the offer may lawfully be addressed) and must not be acted on or relied on by other persons in that Member State.

This announcement is not an offer of securities for sale into the United States. The securities have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There will be no public offer of securities in the United States.

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