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Form 8.3 - American Axle & Manufacturing Holdings

24th Mar 2025 15:00

RNS Number : 9155B
Citadel Group
24 March 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

21 March 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:

1,148,801

0.97

819,573

0.69

(2) Cash-settled derivatives:

 

67,036

0.05

0

0.00

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

2,047,500

1.73

581,000

0.49

 

TOTAL:

3,263,337

2.75

1,400,573

1.18

 

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

100

4.3900 USD

Common

Buy Transaction

500

4.4100 USD

Common

Buy Transaction

1,156

4.4146 USD

Common

Buy Transaction

53

4.4150 USD

Common

Buy Transaction

100

4.4200 USD

Common

Buy Transaction

100

4.4250 USD

Common

Buy Transaction

393

4.4300 USD

Common

Buy Transaction

20

4.4310 USD

Common

Buy Transaction

336

4.4350 USD

Common

Buy Transaction

18

4.4356 USD

Common

Buy Transaction

1,606

4.4400 USD

Common

Buy Transaction

4,218

4.4400 USD

Common

Buy Transaction

11,607

4.4404 USD

Common

Buy Transaction

318

4.4406 USD

Common

Buy Transaction

11

4.4418 USD

Common

Buy Transaction

893

4.4446 USD

Common

Buy Transaction

849

4.4453 USD

Common

Buy Transaction

96

4.4455 USD

Common

Buy Transaction

449

4.4455 USD

Common

Buy Transaction

300

4.4467 USD

Common

Buy Transaction

290

4.4497 USD

Common

Buy Transaction

46,045

4.4500 USD

Common

Buy Transaction

1,791

4.4519 USD

Common

Buy Transaction

205

4.4521 USD

Common

Buy Transaction

1,046

4.4534 USD

Common

Buy Transaction

5,246

4.4535 USD

Common

Buy Transaction

5,900

4.4558 USD

Common

Buy Transaction

3,800

4.4563 USD

Common

Buy Transaction

2,488

4.4621 USD

Common

Buy Transaction

478

4.4628 USD

Common

Buy Transaction

320

4.4650 USD

Common

Buy Transaction

210

4.4690 USD

Common

Buy Transaction

980

4.4716 USD

Common

Buy Transaction

4,093

4.4724 USD

Common

Buy Transaction

700

4.4729 USD

Common

Buy Transaction

509

4.4730 USD

Common

Buy Transaction

23

4.4743 USD

Common

Buy Transaction

500

4.4780 USD

Common

Buy Transaction

1,028

4.4788 USD

Common

Buy Transaction

1,010

4.4801 USD

Common

Buy Transaction

1,282

4.4804 USD

Common

Buy Transaction

4,057

4.4810 USD

Common

Buy Transaction

1,153

4.4815 USD

Common

Buy Transaction

600

4.4817 USD

Common

Buy Transaction

22,832

4.4828 USD

Common

Buy Transaction

800

4.4837 USD

Common

Buy Transaction

100

4.4850 USD

Common

Buy Transaction

213

4.4869 USD

Common

Buy Transaction

2,400

4.4883 USD

Common

Buy Transaction

2,004

4.4900 USD

Common

Buy Transaction

724

4.4928 USD

Common

Buy Transaction

700

4.4943 USD

Common

Buy Transaction

1,564

4.4950 USD

Common

Buy Transaction

11

4.4955 USD

Common

Buy Transaction

932

4.4962 USD

Common

Buy Transaction

33

4.4964 USD

Common

Buy Transaction

600

4.4983 USD

Common

Buy Transaction

1,298

4.4993 USD

Common

Buy Transaction

283

4.5010 USD

Common

Buy Transaction

300

4.5033 USD

Common

Buy Transaction

133

4.5042 USD

Common

Buy Transaction

1,708

4.5061 USD

Common

Buy Transaction

39

4.5067 USD

Common

Buy Transaction

1,196

4.5081 USD

Common

Buy Transaction

10

4.5100 USD

Common

Buy Transaction

1,637

4.5122 USD

Common

Buy Transaction

1,096

4.5139 USD

Common

Buy Transaction

903

4.5142 USD

Common

Buy Transaction

329

4.5153 USD

Common

Buy Transaction

138

4.5170 USD

Common

Buy Transaction

100

4.5210 USD

Common

Buy Transaction

3,893

4.5250 USD

Common

Buy Transaction

20

4.5263 USD

Common

Buy Transaction

182

4.5270 USD

Common

Buy Transaction

948

4.5273 USD

Common

Buy Transaction

2,077

4.5284 USD

Common

Buy Transaction

2,695

4.5297 USD

Common

Buy Transaction

3,847

4.5298 USD

Common

Buy Transaction

856

4.5300 USD

Common

Buy Transaction

2,843

4.5302 USD

Common

Buy Transaction

770

4.5329 USD

Common

Buy Transaction

1,493

4.5332 USD

Common

Buy Transaction

868

4.5336 USD

Common

Buy Transaction

747

4.5365 USD

Common

Buy Transaction

886

4.5379 USD

Common

Buy Transaction

610

4.5384 USD

Common

Buy Transaction

10

4.5400 USD

Common

Buy Transaction

8

4.5412 USD

Common

Buy Transaction

400

4.5425 USD

Common

Buy Transaction

533

4.5428 USD

Common

Buy Transaction

288

4.5428 USD

Common

Buy Transaction

210

4.5448 USD

Common

Buy Transaction

600

4.5454 USD

Common

Buy Transaction

140

4.5461 USD

Common

Buy Transaction

6

4.5475 USD

Common

Buy Transaction

391

4.5484 USD

Common

Buy Transaction

213

4.5486 USD

Common

Buy Transaction

182

4.5488 USD

Common

Buy Transaction

106

4.5492 USD

Common

Buy Transaction

103

4.5494 USD

Common

Buy Transaction

720

4.5498 USD

Common

Buy Transaction

373

4.5500 USD

Common

Buy Transaction

18

4.5522 USD

Common

Buy Transaction

1,137

4.5532 USD

Common

Buy Transaction

784

4.5537 USD

Common

Buy Transaction

4,173

4.5557 USD

Common

Buy Transaction

241

4.5559 USD

Common

Buy Transaction

1,080

4.5574 USD

Common

Buy Transaction

1,628

4.5581 USD

Common

Buy Transaction

309

4.5590 USD

Common

Buy Transaction

13

4.5615 USD

Common

Buy Transaction

15

4.5630 USD

Common

Buy Transaction

31

4.5650 USD

Common

Buy Transaction

6

4.5671 USD

Common

Buy Transaction

14

4.5673 USD

Common

Buy Transaction

440

4.5673 USD

Common

Buy Transaction

238

4.5673 USD

Common

Buy Transaction

237

4.5675 USD

Common

Buy Transaction

438

4.5675 USD

Common

Buy Transaction

8

4.5675 USD

Common

Buy Transaction

19

4.5679 USD

Common

Buy Transaction

5

4.5680 USD

Common

Buy Transaction

203

4.5683 USD

Common

Buy Transaction

375

4.5683 USD

Common

Buy Transaction

17

4.5685 USD

Common

Buy Transaction

55

4.5688 USD

Common

Buy Transaction

40

4.5700 USD

Common

Buy Transaction

2,009

4.5705 USD

Common

Buy Transaction

3,716

4.5705 USD

Common

Buy Transaction

144

4.5727 USD

Common

Buy Transaction

2

4.6100 USD

Common

DVP Transaction

26

4.4100 USD

Common

DVP Transaction

34

4.4182 USD

Common

DVP Transaction

14

4.4400 USD

Common

DVP Transaction

512

4.4498 USD

Common

DVP Transaction

33,229

4.4500 USD

Common

DVP Transaction

19

4.4521 USD

Common

DVP Transaction

25

4.4540 USD

Common

DVP Transaction

6

4.4550 USD

Common

DVP Transaction

11

4.4700 USD

Common

DVP Transaction

14

4.4800 USD

Common

DVP Transaction

17

4.4853 USD

Common

DVP Transaction

58

4.5072 USD

Common

DVP Transaction

2,357

4.5158 USD

Common

DVP Transaction

232

4.5300 USD

Common

DVP Transaction

27

4.5315 USD

Common

DVP Transaction

17

4.5353 USD

Common

DVP Transaction

69

4.5420 USD

Common

DVP Transaction

6

4.5467 USD

Common

DVP Transaction

17

4.5500 USD

Common

DVP Transaction

68

4.5578 USD

Common

DVP Transaction

17

4.5700 USD

Common

RVP Transaction

30

4.4033 USD

Common

RVP Transaction

108

4.4424 USD

Common

RVP Transaction

33,034

4.4500 USD

Common

RVP Transaction

1,116

4.4502 USD

Common

RVP Transaction

2,137

4.5300 USD

Common

RVP Transaction

344

4.5316 USD

Common

RVP Transaction

3

4.5367 USD

Common

RVP Transaction

3

4.5567 USD

Common

Sell Transaction

1

4.3900 USD

Common

Sell Transaction

1,070

4.4000 USD

Common

Sell Transaction

200

4.4100 USD

Common

Sell Transaction

52

4.4146 USD

Common

Sell Transaction

26,893

4.4195 USD

Common

Sell Transaction

300

4.4221 USD

Common

Sell Transaction

796

4.4246 USD

Common

Sell Transaction

300

4.4267 USD

Common

Sell Transaction

6,037

4.4299 USD

Common

Sell Transaction

659

4.4300 USD

Common

Sell Transaction

1,841

4.4360 USD

Common

Sell Transaction

18

4.4372 USD

Common

Sell Transaction

238

4.4400 USD

Common

Sell Transaction

142,036

4.4414 USD

Common

Sell Transaction

1,783

4.4431 USD

Common

Sell Transaction

1,200

4.4450 USD

Common

Sell Transaction

1,130

4.4492 USD

Common

Sell Transaction

2,216

4.4500 USD

Common

Sell Transaction

415,782

4.4500 USD

Common

Sell Transaction

943

4.4509 USD

Common

Sell Transaction

200

4.4525 USD

Common

Sell Transaction

30

4.4533 USD

Common

Sell Transaction

347

4.4534 USD

Common

Sell Transaction

500

4.4550 USD

Common

Sell Transaction

500

4.4570 USD

Common

Sell Transaction

4,015

4.4629 USD

Common

Sell Transaction

84

4.4642 USD

Common

Sell Transaction

40

4.4650 USD

Common

Sell Transaction

4,419

4.4671 USD

Common

Sell Transaction

60

4.4685 USD

Common

Sell Transaction

118

4.4692 USD

Common

Sell Transaction

781

4.4700 USD

Common

Sell Transaction

239

4.4700 USD

Common

Sell Transaction

1,086

4.4720 USD

Common

Sell Transaction

300

4.4733 USD

Common

Sell Transaction

592

4.4747 USD

Common

Sell Transaction

22,094

4.4748 USD

Common

Sell Transaction

400

4.4750 USD

Common

Sell Transaction

4,077

4.4772 USD

Common

Sell Transaction

752

4.4772 USD

Common

Sell Transaction

6,157

4.4793 USD

Common

Sell Transaction

1,130

4.4800 USD

Common

Sell Transaction

153

4.4810 USD

Common

Sell Transaction

25

4.4828 USD

Common

Sell Transaction

151

4.4832 USD

Common

Sell Transaction

300

4.4833 USD

Common

Sell Transaction

833

4.4844 USD

Common

Sell Transaction

15,110

4.4845 USD

Common

Sell Transaction

110

4.4845 USD

Common

Sell Transaction

984

4.4848 USD

Common

Sell Transaction

216

4.4854 USD

Common

Sell Transaction

3,232

4.4863 USD

Common

Sell Transaction

274

4.4864 USD

Common

Sell Transaction

199

4.4864 USD

Common

Sell Transaction

616

4.4887 USD

Common

Sell Transaction

3,948

4.4900 USD

Common

Sell Transaction

907

4.4903 USD

Common

Sell Transaction

1

4.4911 USD

Common

Sell Transaction

600

4.4917 USD

Common

Sell Transaction

996

4.4920 USD

Common

Sell Transaction

11,754

4.4924 USD

Common

Sell Transaction

852

4.4933 USD

Common

Sell Transaction

1,480

4.4950 USD

Common

Sell Transaction

75

4.4965 USD

Common

Sell Transaction

300

4.4967 USD

Common

Sell Transaction

134

4.4972 USD

Common

Sell Transaction

21

4.4976 USD

Common

Sell Transaction

9,994

4.4990 USD

Common

Sell Transaction

3,000

4.4999 USD

Common

Sell Transaction

1,275

4.5000 USD

Common

Sell Transaction

199

4.5003 USD

Common

Sell Transaction

6,345

4.5018 USD

Common

Sell Transaction

411

4.5019 USD

Common

Sell Transaction

165

4.5023 USD

Common

Sell Transaction

553

4.5034 USD

Common

Sell Transaction

1,579

4.5044 USD

Common

Sell Transaction

10

4.5050 USD

Common

Sell Transaction

3,578

4.5051 USD

Common

Sell Transaction

15,715

4.5067 USD

Common

Sell Transaction

2,806

4.5071 USD

Common

Sell Transaction

43

4.5074 USD

Common

Sell Transaction

11,072

4.5089 USD

Common

Sell Transaction

278

4.5160 USD

Common

Sell Transaction

9,970

4.5162 USD

Common

Sell Transaction

852

4.5166 USD

Common

Sell Transaction

905

4.5178 USD

Common

Sell Transaction

312

4.5181 USD

Common

Sell Transaction

858

4.5186 USD

Common

Sell Transaction

700

4.5200 USD

Common

Sell Transaction

230

4.5249 USD

Common

Sell Transaction

764

4.5272 USD

Common

Sell Transaction

1,040

4.5272 USD

Common

Sell Transaction

1,800

4.5283 USD

Common

Sell Transaction

60

4.5292 USD

Common

Sell Transaction

349

4.5298 USD

Common

Sell Transaction

566

4.5300 USD

Common

Sell Transaction

1,800

4.5328 USD

Common

Sell Transaction

1,711

4.5366 USD

Common

Sell Transaction

1,300

4.5369 USD

Common

Sell Transaction

40

4.5382 USD

Common

Sell Transaction

885

4.5387 USD

Common

Sell Transaction

900

4.5389 USD

Common

Sell Transaction

5,895

4.5390 USD

Common

Sell Transaction

1,619

4.5400 USD

Common

Sell Transaction

1,056

4.5420 USD

Common

Sell Transaction

453

4.5425 USD

Common

Sell Transaction

264

4.5456 USD

Common

Sell Transaction

1,000

4.5490 USD

Common

Sell Transaction

400

4.5500 USD

Common

Sell Transaction

994

4.5521 USD

Common

Sell Transaction

15,964

4.5523 USD

Common

Sell Transaction

17,450

4.5530 USD

Common

Sell Transaction

4,805

4.5540 USD

Common

Sell Transaction

1,336

4.5543 USD

Common

Sell Transaction

147

4.5562 USD

Common

Sell Transaction

451

4.5567 USD

Common

Sell Transaction

2,500

4.5580 USD

Common

Sell Transaction

501

4.5600 USD

Common

Sell Transaction

3,355

4.5610 USD

Common

Sell Transaction

3,746

4.5610 USD

Common

Sell Transaction

3,017

4.5637 USD

Common

Sell Transaction

1,300

4.5642 USD

Common

Sell Transaction

311

4.5670 USD

Common

Sell Transaction

1,563

4.5699 USD

Common

Sell Transaction

2,032

4.5700 USD

Common

Sell Transaction

1,800

4.5701 USD

Common

Sell Transaction

286

4.5720 USD

Common

Sell Transaction

893

4.5722 USD

Common

Sell Transaction

400

4.5725 USD

Common

Sell Transaction

230

4.5743 USD

Common

Sell Transaction

200

4.5750 USD

Common

Sell Transaction

417

4.5756 USD

Common

Sell Transaction

420

4.5800 USD

Common

Sell Transaction

2,200

4.5873 USD

Common

Sell Transaction

381

4.5900 USD

Common

Sell Transaction

100

4.6000 USD

Common

Sell Transaction

2

4.6100 USD

Common

Sell Transaction

8

4.6400 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

Increasing long position

100

4.4600 USD

Common

CFD

Increasing long position

200

4.4900 USD

Common

CFD

Increasing long position

200

4.4928 USD

Common

CFD

Increasing long position

10

4.4950 USD

Common

CFD

Increasing long position

31,501

4.5010 USD

Common

CFD

Increasing long position

2,590

4.5074 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

Put Option

Sell Transaction

10

5.0000 USD

American

2025-Jul-18

0.7500 USD

Common

Call Option

Sell Transaction

1

2.0000 USD

American

2025-Apr-17

2.5500 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:

24 March 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

Call Option

Purchased

1,000,000

5.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-700

7.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Purchased

600

10.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Purchased

700

10.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Purchased

246,200

6.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Purchased

-4,000

3.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

2,300

7.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-3,800

4.0 USD

 

American

 

17/04/2025

 

Common

Put Option

Purchased

-1,400

5.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

900

5.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Purchased

-99,800

7.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-800

5.0 USD

 

American

 

17/04/2025

 

Common

Put Option

Purchased

-300

5.0 USD

 

American

 

17/10/2025

 

Common

Put Option

Purchased

-1,000

4.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Purchased

-8,400

5.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

2,500

10.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Purchased

-5,400

4.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Purchased

9,800

5.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

600,000

6.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Purchased

-4,300

4.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

300

8.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-104,200

6.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Sold

-3,400

10.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-12,700

7.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-1,000

3.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-100,900

5.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-800

12.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-8,800

4.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Sold

7,600

6.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-100

6.0 USD

 

American

 

17/10/2025

 

Common

Call Option

Sold

-118,200

7.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Sold

99,900

8.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Sold

-29,400

8.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-1,900

9.0 USD

 

American

 

17/04/2025

 

Common

Put Option

Sold

1,000

6.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-31,700

5.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-500

4.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-200

7.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-100

2.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-3,600

4.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-8,600

8.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-1,700

6.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-4,200

4.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-500

3.0 USD

 

American

 

17/07/2026

 

Common

Put Option

Sold

74,900

7.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-2,000

6.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Sold

800

5.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-200

15.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-13,900

5.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-2,500

4.0 USD

 

American

 

17/07/2026

 

 

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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