Aberforth Partners LLP - Form 8.3 - Bakkavor Group plc

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON

WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Aberforth Partners LLP does not have discretion regarding voting decisions in respect of 7,322,755 shares included in the total disclosed above. This total includes 7,322,755 shares held by The Wellcome Trust, who retain voting control over their shareholding. No other client, who falls into this category, holds more than 1% of the relevant security.

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

(b) Cash-settled derivative transactions

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

(ii) Exercise

(d) Other dealings (including subscribing for new securities)

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

(b) Agreements, arrangements or understandings relating to options or derivatives

(c) Attachments

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at .www.thetakeoverpanel.org.uk

______________________________________________________________________________
|(a) Full name of discloser:              |Aberforth Partners LLP, on behalf of|
|                                         |discretionary clients.              |
|_________________________________________|____________________________________|
|(b) Owner or controller of interests and |                                    |
|short positions disclosed, if different  |                                    |
|from 1(a):                               |                                    |
|                                         |N/A                                 |
|The naming of nominee or vehicle         |                                    |
|companies is insufficient.For a trust,   |                                    |
|the trustee(s), settlor and beneficiaries|                                    |
|must be named.                           |                                    |
|_________________________________________|____________________________________|
|(c) Name of offeror/offeree in relation  |                                    |
|to whose relevant securities this form   |                                    |
|relates:                                 |Bakkavor Group plc                  |
|                                         |                                    |
|Use a separate form for each             |                                    |
|offeror/offeree                          |                                    |
|_________________________________________|____________________________________|
|(d) If an exempt fund manager connected  |                                    |
|with an offeror/offeree, state this and  |N/A                                 |
|specify identity of offeror/offeree:     |                                    |
|_________________________________________|____________________________________|
|(e) Date position held/dealing           |                                    |
|undertaken:                              |                                    |
|                                         |22/05/2025                          |
|For an opening position disclosure, state|                                    |
|the latest practicable date prior to the |                                    |
|disclosure                               |                                    |
|_________________________________________|____________________________________|
|(f) In addition to the company in 1(c)   |                                    |
|above, is the discloser making           |                                    |
|disclosures in respect of any other party|                                    |
|to the offer?                            |NO                                  |
|                                         |                                    |
|If it is a cash offer or possible cash   |                                    |
|offer, state “N/A”                       |                                    |
|_________________________________________|____________________________________|

_____________________________________________________________________________
|Class of relevant security:                      |Ordinary Shares            |
|_________________________________________________|___________________________|
|                                                 |Interests       |Short     |
|                                                 |                |positions |
|_________________________________________________|________________|__________|
|                                                 |Number    |%    |Number|%  |
|_________________________________________________|__________|_____|______|___|
|(1) Relevant securities owned and/or controlled: |32,676,613|5.64%|0     |0.0|
|_________________________________________________|__________|_____|______|___|
|(2) Cash-settled derivatives:                    |          |     |      |   |
|_________________________________________________|__________|_____|______|___|
|(3) Stock-settled derivatives (including options)|          |     |      |   |
|and agreements to purchase/sell:                 |          |     |      |   |
|_________________________________________________|__________|_____|______|___|
|TOTAL:                                           |32,676,613|5.64%|0     |0.0|
|_________________________________________________|__________|_____|______|___|

______________________________________________________________________________
|Class of relevant security in relation to which subscription right exists:|N/A|
|__________________________________________________________________________|___|
|Details, including nature of the rights concerned and relevant            |N/A|
|percentages:                                                              |   |
|__________________________________________________________________________|___|

____________________________________________________________________________
|Class of relevant security|Purchase/sale|Number of securities|Price per unit|
|__________________________|_____________|____________________|______________|
|Ordinary Shares           |Sale         |1,030,000           |205.5728p     |
|__________________________|_____________|____________________|______________|

___________________________________________________________________________
|                 |           |Nature of dealing  |          |              |
|                 |           |                   |          |              |
|                 |Product    |e.g.               |          |              |
|Class of relevant|description|opening/closing a  |Number of |              |
|security         |           |long/short         |reference |Price per unit|
|                 |e.g. CFD   |position,          |securities|              |
|                 |           |increasing/reducing|          |              |
|                 |           |a long/short       |          |              |
|                 |           |position           |          |              |
|_________________|___________|___________________|__________|______________|
|N/A              |           |                   |          |              |
|_________________|___________|___________________|__________|______________|

__________________________________________________________________________________
|        |               |Writing,   |Number of |        |Type     |      |Option  |
|Class of|Product        |purchasing,|securities|Exercise|         |      |money   |
|relevant|descriptione.g.|selling,   |to which  |price   |e.g.     |Expiry|paid/   |
|security|call option    |varying    |option    |per unit|American,|date  |received|
|        |               |etc.       |relates   |        |European |      |per unit|
|        |               |           |          |        |etc.     |      |        |
|________|_______________|___________|__________|________|_________|______|________|
|N/A     |               |           |          |        |         |      |        |
|________|_______________|___________|__________|________|_________|______|________|

______________________________________________________________________________
|                 |Product         |                 |          |              |
|Class of relevant|description     |Exercising/      |Number of |Exercise price|
|security         |                |exercised against|securities|per unit      |
|                 |e.g. call option|                 |          |              |
|_________________|________________|_________________|__________|______________|
|N/A              |                |                 |          |              |
|_________________|________________|_________________|__________|______________|

________________________________________________________________________
|                          |Nature of dealing |       |                  |
|Class of relevant security|                  |Details|Price per unit (if|
|                          |e.g. subscription,|       |applicable)       |
|                          |conversion        |       |                  |
|__________________________|__________________|_______|__________________|
|N/A                       |                  |       |                  |
|__________________________|__________________|_______|__________________|

_____________________________________________________________________________
|Details of any indemnity or option arrangement, or any agreement or          |
|understanding, formal or informal, relating to relevant securities which may |
|be an inducement to deal or refrain from dealing entered into by the person  |
|making the disclosure and any party to the offer or any person acting in     |
|concert with a party to the offer:                                           |
|                                                                             |
|Irrevocable commitments and letters of intent should not be included.If there|
|are no such agreements, arrangements or understandings, state “none”         |
|_____________________________________________________________________________|
|None                                                                         |
|_____________________________________________________________________________|

_____________________________________________________________________________
|Details of any agreement, arrangement or understanding, formal or informal,  |
|between the person making the disclosure and any other person relating to:   |
|                                                                             |
|(i) the voting rights of any relevant securities under any option; or        |
|                                                                             |
|(ii) the voting rights or future acquisition or disposal of any relevant     |
|securities to which any derivative is referenced:                            |
|                                                                             |
|If there are no such agreements, arrangements or understandings, state “none”|
|_____________________________________________________________________________|
|None                                                                         |
|_____________________________________________________________________________|

______________________________________________________
|Is a Supplemental Form 8 (Open Positions) attached?|NO|
|___________________________________________________|__|

________________________________________________________________
|                   |23 May 2025                                 |
|Date of disclosure:|                                            |
|___________________|____________________________________________|
|                   |Michael Campbell, for Aberforth Partners LLP|
|Contact name:      |                                            |
|___________________|____________________________________________|
|                   |0131 220 0733                               |
|Telephone number:  |                                            |
|___________________|____________________________________________|