26th Mar 2025 15:00
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 | 25 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: | 913,895 | 0.77 | 807,901 | 0.68 |
(2) Cash-settled derivatives:
| 176,957 | 0.14 | 0 | 0.00 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 2,048,900 | 1.73 | 580,800 | 0.49 |
TOTAL: | 3,139,752 | 2.65 | 1,388,701 | 1.17 |
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 | 139 | 4.4958 USD |
Common | Buy Transaction | 3,600 | 4.4989 USD |
Common | Buy Transaction | 31,422 | 4.5000 USD |
Common | Buy Transaction | 224 | 4.5088 USD |
Common | Buy Transaction | 703 | 4.5100 USD |
Common | Buy Transaction | 567 | 4.5135 USD |
Common | Buy Transaction | 600 | 4.5150 USD |
Common | Buy Transaction | 15,196 | 4.5177 USD |
Common | Buy Transaction | 725 | 4.5200 USD |
Common | Buy Transaction | 400 | 4.5250 USD |
Common | Buy Transaction | 554 | 4.5262 USD |
Common | Buy Transaction | 2,486 | 4.5277 USD |
Common | Buy Transaction | 2,744 | 4.5300 USD |
Common | Buy Transaction | 3,923 | 4.5303 USD |
Common | Buy Transaction | 106 | 4.5306 USD |
Common | Buy Transaction | 458 | 4.5316 USD |
Common | Buy Transaction | 249 | 4.5320 USD |
Common | Buy Transaction | 3,602 | 4.5323 USD |
Common | Buy Transaction | 442 | 4.5344 USD |
Common | Buy Transaction | 264 | 4.5346 USD |
Common | Buy Transaction | 500 | 4.5360 USD |
Common | Buy Transaction | 115 | 4.5361 USD |
Common | Buy Transaction | 1,543 | 4.5365 USD |
Common | Buy Transaction | 300 | 4.5367 USD |
Common | Buy Transaction | 505 | 4.5370 USD |
Common | Buy Transaction | 8,010 | 4.5370 USD |
Common | Buy Transaction | 176 | 4.5374 USD |
Common | Buy Transaction | 1,100 | 4.5382 USD |
Common | Buy Transaction | 813 | 4.5388 USD |
Common | Buy Transaction | 904 | 4.5399 USD |
Common | Buy Transaction | 6,223 | 4.5399 USD |
Common | Buy Transaction | 2,465 | 4.5400 USD |
Common | Buy Transaction | 1,231 | 4.5408 USD |
Common | Buy Transaction | 664 | 4.5419 USD |
Common | Buy Transaction | 2,900 | 4.5426 USD |
Common | Buy Transaction | 879 | 4.5429 USD |
Common | Buy Transaction | 242 | 4.5440 USD |
Common | Buy Transaction | 1,298 | 4.5447 USD |
Common | Buy Transaction | 59 | 4.5451 USD |
Common | Buy Transaction | 250 | 4.5456 USD |
Common | Buy Transaction | 267 | 4.5457 USD |
Common | Buy Transaction | 498 | 4.5462 USD |
Common | Buy Transaction | 548 | 4.5463 USD |
Common | Buy Transaction | 2,970 | 4.5467 USD |
Common | Buy Transaction | 177 | 4.5472 USD |
Common | Buy Transaction | 897 | 4.5480 USD |
Common | Buy Transaction | 771 | 4.5482 USD |
Common | Buy Transaction | 949 | 4.5500 USD |
Common | Buy Transaction | 1,988 | 4.5516 USD |
Common | Buy Transaction | 435 | 4.5523 USD |
Common | Buy Transaction | 300 | 4.5533 USD |
Common | Buy Transaction | 577 | 4.5536 USD |
Common | Buy Transaction | 192 | 4.5544 USD |
Common | Buy Transaction | 141 | 4.5555 USD |
Common | Buy Transaction | 30,022 | 4.5560 USD |
Common | Buy Transaction | 1,954 | 4.5571 USD |
Common | Buy Transaction | 3,834 | 4.5600 USD |
Common | Buy Transaction | 1,029 | 4.5601 USD |
Common | Buy Transaction | 450 | 4.5602 USD |
Common | Buy Transaction | 1,000 | 4.5609 USD |
Common | Buy Transaction | 665 | 4.5625 USD |
Common | Buy Transaction | 8,162 | 4.5650 USD |
Common | Buy Transaction | 5,924 | 4.5654 USD |
Common | Buy Transaction | 695 | 4.5655 USD |
Common | Buy Transaction | 319 | 4.5657 USD |
Common | Buy Transaction | 290 | 4.5658 USD |
Common | Buy Transaction | 743 | 4.5677 USD |
Common | Buy Transaction | 196 | 4.5678 USD |
Common | Buy Transaction | 972 | 4.5697 USD |
Common | Buy Transaction | 24 | 4.5700 USD |
Common | Buy Transaction | 6,477 | 4.5713 USD |
Common | Buy Transaction | 1 | 4.5720 USD |
Common | Buy Transaction | 700 | 4.5729 USD |
Common | Buy Transaction | 200 | 4.5750 USD |
Common | Buy Transaction | 600 | 4.5767 USD |
Common | Buy Transaction | 754 | 4.5773 USD |
Common | Buy Transaction | 1,162 | 4.5800 USD |
Common | Buy Transaction | 26 | 4.5873 USD |
Common | Buy Transaction | 1,245 | 4.5877 USD |
Common | Buy Transaction | 300 | 4.6100 USD |
Common | Buy Transaction | 100 | 4.6200 USD |
Common | Buy Transaction | 400 | 4.6250 USD |
Common | DVP Transaction | 28,845 | 4.5000 USD |
Common | DVP Transaction | 2,149 | 4.5384 USD |
Common | DVP Transaction | 64 | 4.5600 USD |
Common | DVP Transaction | 6,552 | 4.5650 USD |
Common | DVP Transaction | 263 | 4.5800 USD |
Common | RVP Transaction | 28,845 | 4.5000 USD |
Common | RVP Transaction | 1 | 4.5100 USD |
Common | RVP Transaction | 12 | 4.5250 USD |
Common | RVP Transaction | 12 | 4.5300 USD |
Common | RVP Transaction | 33 | 4.5352 USD |
Common | RVP Transaction | 1,148 | 4.5361 USD |
Common | RVP Transaction | 336 | 4.5393 USD |
Common | RVP Transaction | 312 | 4.5400 USD |
Common | RVP Transaction | 237 | 4.5448 USD |
Common | RVP Transaction | 33 | 4.5464 USD |
Common | RVP Transaction | 13 | 4.5469 USD |
Common | RVP Transaction | 64 | 4.5600 USD |
Common | RVP Transaction | 6,564 | 4.5650 USD |
Common | RVP Transaction | 263 | 4.5800 USD |
Common | Sell Transaction | 136 | 4.4900 USD |
Common | Sell Transaction | 46,532 | 4.5000 USD |
Common | Sell Transaction | 247 | 4.5010 USD |
Common | Sell Transaction | 2,776 | 4.5025 USD |
Common | Sell Transaction | 180 | 4.5047 USD |
Common | Sell Transaction | 350 | 4.5050 USD |
Common | Sell Transaction | 6 | 4.5067 USD |
Common | Sell Transaction | 851 | 4.5069 USD |
Common | Sell Transaction | 500 | 4.5090 USD |
Common | Sell Transaction | 80 | 4.5091 USD |
Common | Sell Transaction | 1,741 | 4.5100 USD |
Common | Sell Transaction | 253 | 4.5200 USD |
Common | Sell Transaction | 527 | 4.5250 USD |
Common | Sell Transaction | 282 | 4.5250 USD |
Common | Sell Transaction | 374 | 4.5298 USD |
Common | Sell Transaction | 1,002 | 4.5300 USD |
Common | Sell Transaction | 600 | 4.5300 USD |
Common | Sell Transaction | 953 | 4.5300 USD |
Common | Sell Transaction | 707 | 4.5311 USD |
Common | Sell Transaction | 200 | 4.5350 USD |
Common | Sell Transaction | 1,029 | 4.5353 USD |
Common | Sell Transaction | 124 | 4.5356 USD |
Common | Sell Transaction | 223 | 4.5369 USD |
Common | Sell Transaction | 1 | 4.5394 USD |
Common | Sell Transaction | 43 | 4.5395 USD |
Common | Sell Transaction | 2,396 | 4.5396 USD |
Common | Sell Transaction | 229 | 4.5398 USD |
Common | Sell Transaction | 1,000 | 4.5399 USD |
Common | Sell Transaction | 2,151 | 4.5400 USD |
Common | Sell Transaction | 10,008 | 4.5400 USD |
Common | Sell Transaction | 56 | 4.5402 USD |
Common | Sell Transaction | 140 | 4.5407 USD |
Common | Sell Transaction | 1,555 | 4.5411 USD |
Common | Sell Transaction | 488 | 4.5412 USD |
Common | Sell Transaction | 48 | 4.5417 USD |
Common | Sell Transaction | 1,600 | 4.5419 USD |
Common | Sell Transaction | 398 | 4.5427 USD |
Common | Sell Transaction | 18,800 | 4.5428 USD |
Common | Sell Transaction | 63 | 4.5438 USD |
Common | Sell Transaction | 1,002 | 4.5438 USD |
Common | Sell Transaction | 1,119 | 4.5439 USD |
Common | Sell Transaction | 500 | 4.5440 USD |
Common | Sell Transaction | 524 | 4.5442 USD |
Common | Sell Transaction | 250 | 4.5445 USD |
Common | Sell Transaction | 283 | 4.5445 USD |
Common | Sell Transaction | 4,839 | 4.5445 USD |
Common | Sell Transaction | 322 | 4.5448 USD |
Common | Sell Transaction | 28 | 4.5450 USD |
Common | Sell Transaction | 1,120 | 4.5451 USD |
Common | Sell Transaction | 2,875 | 4.5453 USD |
Common | Sell Transaction | 4,557 | 4.5458 USD |
Common | Sell Transaction | 9,509 | 4.5460 USD |
Common | Sell Transaction | 4,920 | 4.5461 USD |
Common | Sell Transaction | 6,524 | 4.5468 USD |
Common | Sell Transaction | 712 | 4.5470 USD |
Common | Sell Transaction | 13,382 | 4.5475 USD |
Common | Sell Transaction | 396 | 4.5484 USD |
Common | Sell Transaction | 613 | 4.5486 USD |
Common | Sell Transaction | 900 | 4.5489 USD |
Common | Sell Transaction | 1,126 | 4.5489 USD |
Common | Sell Transaction | 917 | 4.5497 USD |
Common | Sell Transaction | 847 | 4.5499 USD |
Common | Sell Transaction | 2,150 | 4.5500 USD |
Common | Sell Transaction | 23,958 | 4.5502 USD |
Common | Sell Transaction | 108 | 4.5504 USD |
Common | Sell Transaction | 986 | 4.5504 USD |
Common | Sell Transaction | 776 | 4.5508 USD |
Common | Sell Transaction | 2,142 | 4.5509 USD |
Common | Sell Transaction | 560 | 4.5511 USD |
Common | Sell Transaction | 2,705 | 4.5511 USD |
Common | Sell Transaction | 494 | 4.5513 USD |
Common | Sell Transaction | 51 | 4.5514 USD |
Common | Sell Transaction | 1,260 | 4.5517 USD |
Common | Sell Transaction | 2,144 | 4.5518 USD |
Common | Sell Transaction | 119 | 4.5520 USD |
Common | Sell Transaction | 721 | 4.5522 USD |
Common | Sell Transaction | 3,032 | 4.5527 USD |
Common | Sell Transaction | 91 | 4.5531 USD |
Common | Sell Transaction | 169 | 4.5550 USD |
Common | Sell Transaction | 75 | 4.5551 USD |
Common | Sell Transaction | 1,241 | 4.5553 USD |
Common | Sell Transaction | 2,075 | 4.5561 USD |
Common | Sell Transaction | 631 | 4.5565 USD |
Common | Sell Transaction | 470 | 4.5566 USD |
Common | Sell Transaction | 1,242 | 4.5567 USD |
Common | Sell Transaction | 3,402 | 4.5569 USD |
Common | Sell Transaction | 7,052 | 4.5578 USD |
Common | Sell Transaction | 27 | 4.5581 USD |
Common | Sell Transaction | 2,434 | 4.5584 USD |
Common | Sell Transaction | 829 | 4.5588 USD |
Common | Sell Transaction | 120 | 4.5592 USD |
Common | Sell Transaction | 513 | 4.5598 USD |
Common | Sell Transaction | 356 | 4.5598 USD |
Common | Sell Transaction | 2,934 | 4.5600 USD |
Common | Sell Transaction | 295 | 4.5602 USD |
Common | Sell Transaction | 512 | 4.5602 USD |
Common | Sell Transaction | 2,864 | 4.5607 USD |
Common | Sell Transaction | 5,678 | 4.5609 USD |
Common | Sell Transaction | 291 | 4.5609 USD |
Common | Sell Transaction | 335 | 4.5624 USD |
Common | Sell Transaction | 1,300 | 4.5631 USD |
Common | Sell Transaction | 4,223 | 4.5639 USD |
Common | Sell Transaction | 11,362 | 4.5650 USD |
Common | Sell Transaction | 703 | 4.5652 USD |
Common | Sell Transaction | 15 | 4.5680 USD |
Common | Sell Transaction | 1,957 | 4.5683 USD |
Common | Sell Transaction | 3,583 | 4.5686 USD |
Common | Sell Transaction | 492 | 4.5696 USD |
Common | Sell Transaction | 981 | 4.5700 USD |
Common | Sell Transaction | 472 | 4.5701 USD |
Common | Sell Transaction | 31 | 4.5710 USD |
Common | Sell Transaction | 200 | 4.5750 USD |
Common | Sell Transaction | 113 | 4.5796 USD |
Common | Sell Transaction | 4,465 | 4.5800 USD |
Common | Sell Transaction | 721 | 4.5828 USD |
Common | Sell Transaction | 300 | 4.5850 USD |
Common | Sell Transaction | 700 | 4.5857 USD |
Common | Sell Transaction | 362 | 4.5976 USD |
Common | Sell Transaction | 440 | 4.5992 USD |
Common | Sell Transaction | 85 | 4.6151 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 | 5 | 4.5000 USD |
Common | CFD | Increasing long position | 3,805 | 4.5050 USD |
Common | CFD | Increasing long position | 1,000 | 4.5700 USD |
Common | CFD | Increasing long position | 600 | 4.5800 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 |
(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: | 26 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 | Put Option | Purchased | -800 | 5.0 USD
| American
| 17/04/2025
|
Common | Put Option | Purchased | -3,800 | 4.0 USD
| American
| 17/04/2025
|
Common | Put Option | Purchased | -104,200 | 6.0 USD
| American
| 20/06/2025
|
Common | Call Option | Purchased | 246,200 | 6.0 USD
| American
| 18/07/2025
|
Common | Put Option | Purchased | -8,400 | 5.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 700 | 10.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 300 | 8.0 USD
| American
| 20/06/2025
|
Common | Call Option | Purchased | 600 | 10.0 USD
| American
| 17/04/2025
|
Common | Call Option | Purchased | 2,300 | 7.0 USD
| American
| 20/06/2025
|
Common | Put Option | Purchased | -1,000 | 4.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 900 | 5.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 2,500 | 10.0 USD
| American
| 16/01/2026
|
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 | 1,300 | 5.0 USD
| American
| 16/05/2025
|
Common | Put Option | Purchased | -300 | 5.0 USD
| American
| 17/10/2025
|
Common | Put Option | Purchased | -4,000 | 3.0 USD
| American
| 16/01/2026
|
Common | Put Option | Purchased | -5,400 | 4.0 USD
| American
| 18/07/2025
|
Common | Put Option | Purchased | -99,800 | 7.0 USD
| American
| 20/06/2025
|
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 | 300 | 6.0 USD
| American
| 17/10/2025
|
Common | Call Option | Purchased | 10,000 | 5.0 USD
| American
| 20/06/2025
|
Common | Put Option | Purchased | -1,400 | 5.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -3,400 | 10.0 USD
| American
| 17/07/2026
|
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 | -31,700 | 5.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -800 | 12.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -1,900 | 9.0 USD
| American
| 17/04/2025
|
Common | Call Option | Sold | -118,200 | 7.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -100,900 | 5.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -12,700 | 7.0 USD
| American
| 17/04/2025
|
Common | Call Option | Sold | -8,800 | 4.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -3,600 | 4.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -4,200 | 4.0 USD
| American
| 17/04/2025
|
Common | Call Option | Sold | -1,700 | 6.0 USD
| American
| 17/04/2025
|
Common | Put Option | Sold | 600 | 6.0 USD
| American
| 18/07/2025
|
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
|
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 | Call Option | Sold | -8,600 | 8.0 USD
| American
| 17/04/2025
|
Common | Call Option | Sold | -500 | 4.0 USD
| American
| 16/01/2026
|
Common | Put Option | Sold | 7,600 | 6.0 USD
| American
| 17/04/2025
|
Common | Call Option | Sold | -200 | 7.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -500 | 3.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -1,000 | 3.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -200 | 15.0 USD
| American
| 16/01/2026
|
Common | Put Option | Sold | 800 | 5.0 USD
| American
| 18/07/2025
|
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.
Related Shares:
Dowlais