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Form 8.3 - American Axle & Manufacturing Holdings

12th Jun 2025 15:00

RNS Number : 6206M
Citadel Group
12 June 2025
 

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

 

(a) Full name of discloser:

Citadel Group

(b) Owner or controller of interests and short positions disclosed, if different from 1(a):

The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.

N/A

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

AMERICAN AXLE MANUFACTURING HOLDINGS INC

(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:

N/A

(e) Date position held/dealing undertaken:

For an opening position disclosure, state the latest practicable date prior to the disclosure

11 June 2025

(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

If it is a cash offer or possible cash offer, state "N/A"

YES

DOWLAIS GROUP PLC

 

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)

 

Class of relevant security:

Common Stock

ISIN US0240611030

USD 0.01 common

 

 

Interests

Short positions

 

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

1,811,763

1.52

0

0.00

(2) Cash-settled derivatives:

 

604,435

0.50

0

0.00

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

989,800

0.83

1,001,600

0.84

 

TOTAL:

3,405,998

2.87

1,001,600

0.84

 

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)

 

Class of relevant security in relation to which subscription right exists:

N/A

Details, including nature of the rights concerned and relevant percentages:

N/A

 

 

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

 

Class of relevant security

Purchase/sale

 

Number of securities

Price per unit

Common

Buy Transaction

608

4.4000 USD

Common

Buy Transaction

6

4.4017 USD

Common

Buy Transaction

100

4.4050 USD

Common

Buy Transaction

515

4.4090 USD

Common

Buy Transaction

800

4.4100 USD

Common

Buy Transaction

10,000

4.4200 USD

Common

Buy Transaction

626

4.4253 USD

Common

Buy Transaction

2,113

4.4261 USD

Common

Buy Transaction

800

4.4262 USD

Common

Buy Transaction

809

4.4300 USD

Common

Buy Transaction

185

4.4346 USD

Common

Buy Transaction

395

4.4347 USD

Common

Buy Transaction

6,323

4.4380 USD

Common

Buy Transaction

506

4.4430 USD

Common

Buy Transaction

1,677

4.4433 USD

Common

Buy Transaction

751

4.4479 USD

Common

Buy Transaction

185

4.4500 USD

Common

Buy Transaction

564

4.4504 USD

Common

Buy Transaction

941

4.4511 USD

Common

Buy Transaction

22,150

4.4512 USD

Common

Buy Transaction

709

4.4515 USD

Common

Buy Transaction

1,246

4.4522 USD

Common

Buy Transaction

692

4.4530 USD

Common

Buy Transaction

600

4.4550 USD

Common

Buy Transaction

12,499

4.4632 USD

Common

Buy Transaction

100

4.4650 USD

Common

Buy Transaction

187

4.4653 USD

Common

Buy Transaction

2,032

4.4706 USD

Common

Buy Transaction

852

4.4724 USD

Common

Buy Transaction

6,753

4.4728 USD

Common

Buy Transaction

1,361

4.4750 USD

Common

Buy Transaction

652

4.4763 USD

Common

Buy Transaction

3,447

4.4773 USD

Common

Buy Transaction

920

4.4785 USD

Common

Buy Transaction

165

4.4793 USD

Common

Buy Transaction

5

4.4800 USD

Common

Buy Transaction

1,123

4.4812 USD

Common

Buy Transaction

17,402

4.4858 USD

Common

Buy Transaction

2,350

4.4864 USD

Common

Buy Transaction

836

4.4876 USD

Common

Buy Transaction

34

4.4891 USD

Common

Buy Transaction

2,038

4.4900 USD

Common

Buy Transaction

2,920

4.4928 USD

Common

Buy Transaction

6,173

4.4940 USD

Common

Buy Transaction

1,140

4.4952 USD

Common

Buy Transaction

1,016

4.4955 USD

Common

Buy Transaction

3,279

4.4973 USD

Common

Buy Transaction

800

4.4988 USD

Common

Buy Transaction

1,001

4.4991 USD

Common

Buy Transaction

524

4.4996 USD

Common

Buy Transaction

1,292

4.5000 USD

Common

Buy Transaction

800

4.5025 USD

Common

Buy Transaction

1,920

4.5030 USD

Common

Buy Transaction

3,409

4.5049 USD

Common

Buy Transaction

8

4.5050 USD

Common

Buy Transaction

245

4.5061 USD

Common

Buy Transaction

629

4.5073 USD

Common

Buy Transaction

539

4.5077 USD

Common

Buy Transaction

500

4.5080 USD

Common

Buy Transaction

5,361

4.5099 USD

Common

Buy Transaction

1,000

4.5100 USD

Common

Buy Transaction

1,225

4.5105 USD

Common

Buy Transaction

1,618

4.5115 USD

Common

Buy Transaction

12

4.5117 USD

Common

Buy Transaction

4,348

4.5120 USD

Common

Buy Transaction

49,108

4.5129 USD

Common

Buy Transaction

1,491

4.5134 USD

Common

Buy Transaction

1,421

4.5137 USD

Common

Buy Transaction

5,000

4.5148 USD

Common

Buy Transaction

14,979

4.5150 USD

Common

Buy Transaction

10

4.5150 USD

Common

Buy Transaction

4,593

4.5163 USD

Common

Buy Transaction

1,200

4.5167 USD

Common

Buy Transaction

7,612

4.5200 USD

Common

Buy Transaction

15,405

4.5205 USD

Common

Buy Transaction

13

4.5208 USD

Common

Buy Transaction

250

4.5208 USD

Common

Buy Transaction

1,114

4.5209 USD

Common

Buy Transaction

2,556

4.5213 USD

Common

Buy Transaction

1,200

4.5217 USD

Common

Buy Transaction

2,590

4.5250 USD

Common

Buy Transaction

606

4.5250 USD

Common

Buy Transaction

61

4.5267 USD

Common

Buy Transaction

500

4.5270 USD

Common

Buy Transaction

1

4.5271 USD

Common

Buy Transaction

407

4.5295 USD

Common

Buy Transaction

712

4.5297 USD

Common

Buy Transaction

63,817

4.5300 USD

Common

Buy Transaction

1,300

4.5304 USD

Common

Buy Transaction

78

4.5309 USD

Common

Buy Transaction

900

4.5333 USD

Common

Buy Transaction

1,500

4.5337 USD

Common

Buy Transaction

7,668

4.5339 USD

Common

Buy Transaction

400

4.5350 USD

Common

Buy Transaction

864

4.5400 USD

Common

Buy Transaction

600

4.5433 USD

Common

Buy Transaction

4,600

4.5439 USD

Common

Buy Transaction

31,227

4.5454 USD

Common

Buy Transaction

46,077

4.5467 USD

Common

Buy Transaction

7,158

4.5495 USD

Common

Buy Transaction

1,246

4.5500 USD

Common

Buy Transaction

504

4.5502 USD

Common

Buy Transaction

1,386

4.5535 USD

Common

Buy Transaction

2,304

4.5583 USD

Common

Buy Transaction

658

4.5600 USD

Common

Buy Transaction

154

4.5700 USD

Common

Buy Transaction

9,500

4.5704 USD

Common

DVP Transaction

1

4.5100 USD

Common

DVP Transaction

11,568

4.5200 USD

Common

DVP Transaction

58,636

4.5300 USD

Common

DVP Transaction

7,490

4.5350 USD

Common

DVP Transaction

151

4.5350 USD

Common

DVP Transaction

47

4.5351 USD

Common

DVP Transaction

39

4.5351 USD

Common

DVP Transaction

100

4.5700 USD

Common

RVP Transaction

1

4.5100 USD

Common

RVP Transaction

11,568

4.5200 USD

Common

RVP Transaction

58,636

4.5300 USD

Common

RVP Transaction

7,727

4.5350 USD

Common

RVP Transaction

100

4.5700 USD

Common

Sell Transaction

11,549

4.4000 USD

Common

Sell Transaction

622

4.4029 USD

Common

Sell Transaction

4,039

4.4032 USD

Common

Sell Transaction

1,300

4.4038 USD

Common

Sell Transaction

609

4.4099 USD

Common

Sell Transaction

1,108

4.4100 USD

Common

Sell Transaction

848

4.4126 USD

Common

Sell Transaction

226

4.4184 USD

Common

Sell Transaction

400

4.4188 USD

Common

Sell Transaction

410

4.4196 USD

Common

Sell Transaction

600

4.4200 USD

Common

Sell Transaction

30

4.4250 USD

Common

Sell Transaction

54

4.4300 USD

Common

Sell Transaction

926

4.4450 USD

Common

Sell Transaction

13

4.4550 USD

Common

Sell Transaction

400

4.4575 USD

Common

Sell Transaction

1,201

4.4650 USD

Common

Sell Transaction

100

4.4651 USD

Common

Sell Transaction

3,104

4.4653 USD

Common

Sell Transaction

161

4.4671 USD

Common

Sell Transaction

600

4.4700 USD

Common

Sell Transaction

2,680

4.4717 USD

Common

Sell Transaction

1,303

4.4737 USD

Common

Sell Transaction

800

4.4750 USD

Common

Sell Transaction

2,283

4.4753 USD

Common

Sell Transaction

7,819

4.4754 USD

Common

Sell Transaction

1,300

4.4769 USD

Common

Sell Transaction

924

4.4788 USD

Common

Sell Transaction

789

4.4792 USD

Common

Sell Transaction

1,580

4.4798 USD

Common

Sell Transaction

1,891

4.4855 USD

Common

Sell Transaction

3,499

4.4866 USD

Common

Sell Transaction

1,830

4.4870 USD

Common

Sell Transaction

281

4.4883 USD

Common

Sell Transaction

84

4.4900 USD

Common

Sell Transaction

300

4.4903 USD

Common

Sell Transaction

3,010

4.4904 USD

Common

Sell Transaction

4,800

4.4904 USD

Common

Sell Transaction

4,289

4.4910 USD

Common

Sell Transaction

2,079

4.4914 USD

Common

Sell Transaction

1,677

4.4918 USD

Common

Sell Transaction

1,369

4.4920 USD

Common

Sell Transaction

19,032

4.4920 USD

Common

Sell Transaction

600

4.4933 USD

Common

Sell Transaction

45

4.4951 USD

Common

Sell Transaction

1,000

4.4960 USD

Common

Sell Transaction

1,300

4.4962 USD

Common

Sell Transaction

1,800

4.4989 USD

Common

Sell Transaction

1,464

4.5000 USD

Common

Sell Transaction

340

4.5004 USD

Common

Sell Transaction

653

4.5017 USD

Common

Sell Transaction

13,067

4.5037 USD

Common

Sell Transaction

1,600

4.5056 USD

Common

Sell Transaction

1,096

4.5083 USD

Common

Sell Transaction

92

4.5091 USD

Common

Sell Transaction

27,908

4.5092 USD

Common

Sell Transaction

4,014

4.5094 USD

Common

Sell Transaction

435

4.5100 USD

Common

Sell Transaction

521

4.5115 USD

Common

Sell Transaction

2,800

4.5132 USD

Common

Sell Transaction

11

4.5150 USD

Common

Sell Transaction

1,730

4.5153 USD

Common

Sell Transaction

1,441

4.5162 USD

Common

Sell Transaction

816

4.5173 USD

Common

Sell Transaction

2,506

4.5176 USD

Common

Sell Transaction

433

4.5183 USD

Common

Sell Transaction

779

4.5192 USD

Common

Sell Transaction

1,052

4.5192 USD

Common

Sell Transaction

2,200

4.5195 USD

Common

Sell Transaction

8,996

4.5200 USD

Common

Sell Transaction

921

4.5205 USD

Common

Sell Transaction

153

4.5222 USD

Common

Sell Transaction

402

4.5225 USD

Common

Sell Transaction

4,799

4.5241 USD

Common

Sell Transaction

208

4.5256 USD

Common

Sell Transaction

26

4.5262 USD

Common

Sell Transaction

854

4.5262 USD

Common

Sell Transaction

1,194

4.5264 USD

Common

Sell Transaction

840

4.5280 USD

Common

Sell Transaction

2,034

4.5287 USD

Common

Sell Transaction

20

4.5290 USD

Common

Sell Transaction

432

4.5294 USD

Common

Sell Transaction

3,574

4.5299 USD

Common

Sell Transaction

63,111

4.5300 USD

Common

Sell Transaction

399

4.5306 USD

Common

Sell Transaction

167

4.5307 USD

Common

Sell Transaction

4,314

4.5322 USD

Common

Sell Transaction

340

4.5326 USD

Common

Sell Transaction

2,474

4.5333 USD

Common

Sell Transaction

10,030

4.5350 USD

Common

Sell Transaction

122

4.5364 USD

Common

Sell Transaction

9,900

4.5368 USD

Common

Sell Transaction

9,465

4.5378 USD

Common

Sell Transaction

2,256

4.5380 USD

Common

Sell Transaction

10

4.5390 USD

Common

Sell Transaction

6,072

4.5391 USD

Common

Sell Transaction

1,939

4.5391 USD

Common

Sell Transaction

1,000

4.5399 USD

Common

Sell Transaction

1,215

4.5400 USD

Common

Sell Transaction

452

4.5413 USD

Common

Sell Transaction

132

4.5420 USD

Common

Sell Transaction

615

4.5423 USD

Common

Sell Transaction

56,312

4.5423 USD

Common

Sell Transaction

308

4.5440 USD

Common

Sell Transaction

900

4.5450 USD

Common

Sell Transaction

31,227

4.5454 USD

Common

Sell Transaction

170

4.5459 USD

Common

Sell Transaction

300

4.5467 USD

Common

Sell Transaction

4,269

4.5500 USD

Common

Sell Transaction

554

4.5508 USD

Common

Sell Transaction

2,281

4.5508 USD

Common

Sell Transaction

424

4.5511 USD

Common

Sell Transaction

951

4.5514 USD

Common

Sell Transaction

21,577

4.5516 USD

Common

Sell Transaction

2,780

4.5529 USD

Common

Sell Transaction

750

4.5533 USD

Common

Sell Transaction

3,790

4.5542 USD

Common

Sell Transaction

540

4.5543 USD

Common

Sell Transaction

219

4.5546 USD

Common

Sell Transaction

8

4.5575 USD

Common

Sell Transaction

2,065

4.5585 USD

Common

Sell Transaction

1,667

4.5596 USD

Common

Sell Transaction

149

4.5600 USD

Common

Sell Transaction

40

4.5650 USD

Common

Sell Transaction

337

4.5700 USD

Common

Sell Transaction

201

4.5750 USD

 

(b) Cash-settled derivative transactions

 

Class of relevant security

Product description

e.g. CFD

Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position

Number of reference securities

Price per unit

Common

CFD

Reducing long position

9,181

4.5323 USD

Common

CFD

Reducing long position

15,017

4.5518 USD

 

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

 

(i) Writing, selling, purchasing or varying

 

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type

e.g. American, European etc.

Expiry date

Option money paid/ received per unit

Common

Call Option

DVP Transaction

1

5.0000 USD

American

2025-Jul-18

0.2000 USD

Common

Call Option

DVP Transaction

2

10.0000 USD

American

2026-Jul-17

0.3900 USD

Common

Call Option

RVP Transaction

1

5.0000 USD

American

2025-Jul-18

0.2000 USD

Common

Call Option

RVP Transaction

2

10.0000 USD

American

2026-Jul-17

0.3900 USD

Common

Put Option

Sell Transaction

1

3.0000 USD

American

2025-Oct-17

0.1700 USD

 

(ii) Exercise

 

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

 

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

 

Class of relevant security

Nature of dealing

e.g. subscription, conversion

Details

Price per unit (if applicable)

 

 

 

 

 

 

 

4. OTHER INFORMATION

 

(a) Indemnity and other dealing arrangements

 

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

 

 

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

 

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

 

 

(c) Attachments

 

Is a Supplemental Form 8 (Open Positions) attached?

YES

 

 

Date of disclosure:

12 June 2025

Contact name:

Paula Santos

Telephone number*:

020 7645 9700

 

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.

 

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.

 

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

 

 

 

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

 

DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the "Code")

 

 

1. KEY INFORMATION

 

Full name of person making disclosure:

Citadel Group

Name of offeror/offeree in relation to whose relevant securities the disclosure relates:

AMERICAN AXLE MANUFACTURING HOLDINGS INC

 

2. STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)

 

Class of relevant security

Product description e.g. call option

Written or purchased

Number of securities to which option or derivative relates

Exercise price per unit

Type

e.g. American, European etc.

Expiry date

Common

Put Option

Purchased

-200

6.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

2,600

10.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

1,000

3.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Purchased

300

2.0 USD

 

American

 

17/10/2025

 

Common

Call Option

Purchased

200

8.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

200

6.0 USD

 

American

 

17/10/2025

 

Common

Put Option

Purchased

-100

7.0 USD

 

American

 

17/10/2025

 

Common

Put Option

Purchased

-8,500

5.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Purchased

-700

7.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Purchased

300

15.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Purchased

-300

5.0 USD

 

American

 

17/10/2025

 

Common

Put Option

Purchased

-1,600

4.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

256,200

6.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Purchased

-6,000

4.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Purchased

-7,200

3.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Purchased

2,000

7.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

600,000

6.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Purchased

-8,100

4.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

900

6.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

700

10.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Purchased

9,200

5.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Purchased

-6,300

5.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-900

5.0 USD

 

American

 

17/07/2026

 

Common

Put Option

Purchased

-13,000

3.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

14,000

4.0 USD

 

American

 

17/10/2025

 

Common

Call Option

Sold

-300

6.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-3,500

5.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Sold

-1,100

7.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-9,700

4.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-100

2.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-96,400

5.0 USD

 

American

 

17/10/2025

 

Common

Call Option

Sold

-800

12.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-2,000

3.0 USD

 

American

 

17/10/2025

 

Common

Call Option

Sold

-2,400

10.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-36,000

5.0 USD

 

American

 

17/07/2026

 

Common

Put Option

Sold

98,900

8.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Sold

-300

3.0 USD

 

American

 

17/07/2026

 

Common

Put Option

Sold

100

5.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-1,400

3.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-300

4.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Sold

-643,700

5.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-500

4.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-117,900

7.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-29,400

8.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Sold

3,100

3.0 USD

 

American

 

17/10/2025

 

Common

Put Option

Sold

100

3.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Sold

-200

7.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-2,500

4.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-200

3.0 USD

 

American

 

20/06/2025

 

 

3. AGREEMENTS TO PURCHASE OR SELL ETC.

 

Full details should be given so that the nature of the interest or position can be fully understood:

 

 

 

 

 

 

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.

 

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

 

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.

 

 

 

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