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Form 8.3 - American Axle & Manufacturing Holdings

11th Feb 2025 15:00

RNS Number : 7202W
Citadel Group
11 February 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

10 February 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:

991,266

0.84

1,220,766

1.03

(2) Cash-settled derivatives:

 

0

0.00

0

0.00

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

393,000

0.33

542,200

0.46

 

TOTAL:

1,384,266

1.17

1,762,966

1.49

 

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

82,169

4.9000 USD

Common

Buy Transaction

399

4.9025 USD

Common

Buy Transaction

500

4.9040 USD

Common

Buy Transaction

12

4.9075 USD

Common

Buy Transaction

123

4.9100 USD

Common

Buy Transaction

1,874

4.9101 USD

Common

Buy Transaction

177

4.9118 USD

Common

Buy Transaction

2,002

4.9200 USD

Common

Buy Transaction

4,862

4.9200 USD

Common

Buy Transaction

1,900

4.9205 USD

Common

Buy Transaction

2,449

4.9237 USD

Common

Buy Transaction

800

4.9250 USD

Common

Buy Transaction

2,455

4.9316 USD

Common

Buy Transaction

310

4.9325 USD

Common

Buy Transaction

2,700

4.9380 USD

Common

Buy Transaction

1,442

4.9393 USD

Common

Buy Transaction

4,577

4.9400 USD

Common

Buy Transaction

286

4.9407 USD

Common

Buy Transaction

21

4.9433 USD

Common

Buy Transaction

4,805

4.9441 USD

Common

Buy Transaction

923

4.9452 USD

Common

Buy Transaction

1,423

4.9472 USD

Common

Buy Transaction

25

4.9480 USD

Common

Buy Transaction

482

4.9532 USD

Common

Buy Transaction

16

4.9554 USD

Common

Buy Transaction

1,080

4.9556 USD

Common

Buy Transaction

3,780

4.9558 USD

Common

Buy Transaction

18,850

4.9609 USD

Common

Buy Transaction

186

4.9637 USD

Common

Buy Transaction

519

4.9662 USD

Common

Buy Transaction

134

4.9670 USD

Common

Buy Transaction

361

4.9691 USD

Common

Buy Transaction

22

4.9691 USD

Common

Buy Transaction

5

4.9700 USD

Common

Buy Transaction

134

4.9710 USD

Common

Buy Transaction

220

4.9711 USD

Common

Buy Transaction

655

4.9726 USD

Common

Buy Transaction

16,580

4.9737 USD

Common

Buy Transaction

1,976

4.9748 USD

Common

Buy Transaction

300

4.9767 USD

Common

Buy Transaction

31

4.9795 USD

Common

Buy Transaction

1,142

4.9800 USD

Common

Buy Transaction

101

4.9802 USD

Common

Buy Transaction

1,860

4.9808 USD

Common

Buy Transaction

145

4.9858 USD

Common

Buy Transaction

316

4.9863 USD

Common

Buy Transaction

5,294

4.9872 USD

Common

Buy Transaction

2,369

4.9888 USD

Common

Buy Transaction

700

4.9900 USD

Common

Buy Transaction

72

4.9906 USD

Common

Buy Transaction

8,792

4.9906 USD

Common

Buy Transaction

259

4.9906 USD

Common

Buy Transaction

244

4.9908 USD

Common

Buy Transaction

119

4.9910 USD

Common

Buy Transaction

281

4.9917 USD

Common

Buy Transaction

815

4.9963 USD

Common

Buy Transaction

9,692

4.9966 USD

Common

Buy Transaction

578

4.9993 USD

Common

Buy Transaction

1,225

5.0000 USD

Common

Buy Transaction

1,023

5.0002 USD

Common

Buy Transaction

1,285

5.0003 USD

Common

Buy Transaction

277

5.0009 USD

Common

Buy Transaction

1,949

5.0021 USD

Common

Buy Transaction

1,854

5.0021 USD

Common

Buy Transaction

9

5.0028 USD

Common

Buy Transaction

483

5.0035 USD

Common

Buy Transaction

610

5.0039 USD

Common

Buy Transaction

335

5.0042 USD

Common

Buy Transaction

2,196

5.0051 USD

Common

Buy Transaction

678

5.0053 USD

Common

Buy Transaction

2,151

5.0100 USD

Common

Buy Transaction

34

5.0138 USD

Common

Buy Transaction

364

5.0142 USD

Common

Buy Transaction

10

5.0145 USD

Common

Buy Transaction

200

5.0150 USD

Common

Buy Transaction

323

5.0151 USD

Common

Buy Transaction

333

5.0151 USD

Common

Buy Transaction

3,259

5.0157 USD

Common

Buy Transaction

215

5.0167 USD

Common

Buy Transaction

198

5.0172 USD

Common

Buy Transaction

3,284

5.0200 USD

Common

Buy Transaction

28,072

5.0201 USD

Common

Buy Transaction

1,602

5.0225 USD

Common

Buy Transaction

524

5.0232 USD

Common

Buy Transaction

200

5.0239 USD

Common

Buy Transaction

100

5.0250 USD

Common

Buy Transaction

5,389

5.0284 USD

Common

Buy Transaction

2,622

5.0292 USD

Common

Buy Transaction

2,213

5.0300 USD

Common

Buy Transaction

108

5.0307 USD

Common

Buy Transaction

416

5.0324 USD

Common

Buy Transaction

4,486

5.0327 USD

Common

Buy Transaction

341

5.0337 USD

Common

Buy Transaction

700

5.0343 USD

Common

Buy Transaction

300

5.0350 USD

Common

Buy Transaction

2,626

5.0356 USD

Common

Buy Transaction

1,038

5.0360 USD

Common

Buy Transaction

42

5.0376 USD

Common

Buy Transaction

3,448

5.0388 USD

Common

Buy Transaction

300

5.0390 USD

Common

Buy Transaction

102

5.0390 USD

Common

Buy Transaction

131

5.0394 USD

Common

Buy Transaction

2,131

5.0398 USD

Common

Buy Transaction

6,289

5.0400 USD

Common

Buy Transaction

1

5.0454 USD

Common

Buy Transaction

31

5.0500 USD

Common

DVP Transaction

46,964

4.9000 USD

Common

DVP Transaction

503

4.9001 USD

Common

DVP Transaction

1,204

4.9378 USD

Common

DVP Transaction

148

4.9665 USD

Common

DVP Transaction

106

4.9717 USD

Common

DVP Transaction

11

5.0000 USD

Common

DVP Transaction

2

5.0300 USD

Common

DVP Transaction

1

5.0700 USD

Common

DVP Transaction

160

5.0781 USD

Common

DVP Transaction

275

5.0800 USD

Common

RVP Transaction

47,058

4.9000 USD

Common

RVP Transaction

6

4.9050 USD

Common

RVP Transaction

83

4.9051 USD

Common

RVP Transaction

49

4.9100 USD

Common

RVP Transaction

388

4.9276 USD

Common

RVP Transaction

30

4.9290 USD

Common

RVP Transaction

671

4.9441 USD

Common

RVP Transaction

217

4.9480 USD

Common

RVP Transaction

182

4.9498 USD

Common

RVP Transaction

30

4.9550 USD

Common

RVP Transaction

106

4.9717 USD

Common

RVP Transaction

192

4.9750 USD

Common

RVP Transaction

18

4.9817 USD

Common

RVP Transaction

24

4.9825 USD

Common

RVP Transaction

22

4.9850 USD

Common

RVP Transaction

12

5.0050 USD

Common

RVP Transaction

10

5.0080 USD

Common

RVP Transaction

1

5.0300 USD

Common

RVP Transaction

275

5.0800 USD

Common

Sell Transaction

63,851

4.9000 USD

Common

Sell Transaction

800

4.9025 USD

Common

Sell Transaction

506

4.9040 USD

Common

Sell Transaction

166

4.9053 USD

Common

Sell Transaction

33

4.9091 USD

Common

Sell Transaction

3,500

4.9093 USD

Common

Sell Transaction

19

4.9100 USD

Common

Sell Transaction

967

4.9135 USD

Common

Sell Transaction

600

4.9167 USD

Common

Sell Transaction

2,002

4.9200 USD

Common

Sell Transaction

411

4.9200 USD

Common

Sell Transaction

1,759

4.9206 USD

Common

Sell Transaction

220

4.9210 USD

Common

Sell Transaction

1,707

4.9267 USD

Common

Sell Transaction

1,547

4.9278 USD

Common

Sell Transaction

10

4.9280 USD

Common

Sell Transaction

109

4.9299 USD

Common

Sell Transaction

3,253

4.9307 USD

Common

Sell Transaction

279

4.9318 USD

Common

Sell Transaction

1,172

4.9322 USD

Common

Sell Transaction

19,756

4.9323 USD

Common

Sell Transaction

40

4.9325 USD

Common

Sell Transaction

529

4.9338 USD

Common

Sell Transaction

1,648

4.9391 USD

Common

Sell Transaction

520

4.9400 USD

Common

Sell Transaction

7,973

4.9415 USD

Common

Sell Transaction

18,294

4.9424 USD

Common

Sell Transaction

547

4.9431 USD

Common

Sell Transaction

175

4.9433 USD

Common

Sell Transaction

11,478

4.9435 USD

Common

Sell Transaction

200

4.9450 USD

Common

Sell Transaction

448

4.9471 USD

Common

Sell Transaction

300

4.9500 USD

Common

Sell Transaction

38,181

4.9524 USD

Common

Sell Transaction

300

4.9533 USD

Common

Sell Transaction

3,079

4.9577 USD

Common

Sell Transaction

17

4.9607 USD

Common

Sell Transaction

11,830

4.9640 USD

Common

Sell Transaction

222

4.9650 USD

Common

Sell Transaction

875

4.9672 USD

Common

Sell Transaction

782

4.9675 USD

Common

Sell Transaction

400

4.9675 USD

Common

Sell Transaction

4,038

4.9689 USD

Common

Sell Transaction

1,666

4.9700 USD

Common

Sell Transaction

2,074

4.9711 USD

Common

Sell Transaction

618

4.9724 USD

Common

Sell Transaction

264

4.9744 USD

Common

Sell Transaction

2,343

4.9748 USD

Common

Sell Transaction

486

4.9756 USD

Common

Sell Transaction

234

4.9763 USD

Common

Sell Transaction

1,500

4.9780 USD

Common

Sell Transaction

255

4.9800 USD

Common

Sell Transaction

2,610

4.9834 USD

Common

Sell Transaction

218

4.9837 USD

Common

Sell Transaction

200

4.9850 USD

Common

Sell Transaction

5,627

4.9860 USD

Common

Sell Transaction

2,558

4.9872 USD

Common

Sell Transaction

19

4.9876 USD

Common

Sell Transaction

1,043

4.9885 USD

Common

Sell Transaction

228

4.9900 USD

Common

Sell Transaction

2,303

4.9904 USD

Common

Sell Transaction

2,252

4.9906 USD

Common

Sell Transaction

1,349

4.9921 USD

Common

Sell Transaction

500

4.9940 USD

Common

Sell Transaction

6,715

4.9963 USD

Common

Sell Transaction

300

4.9967 USD

Common

Sell Transaction

253

4.9991 USD

Common

Sell Transaction

1,827

4.9992 USD

Common

Sell Transaction

151

4.9999 USD

Common

Sell Transaction

600

5.0000 USD

Common

Sell Transaction

31,500

5.0005 USD

Common

Sell Transaction

13,690

5.0036 USD

Common

Sell Transaction

1,470

5.0050 USD

Common

Sell Transaction

410

5.0056 USD

Common

Sell Transaction

571

5.0062 USD

Common

Sell Transaction

300

5.0067 USD

Common

Sell Transaction

162

5.0070 USD

Common

Sell Transaction

1,980

5.0079 USD

Common

Sell Transaction

510

5.0084 USD

Common

Sell Transaction

1,892

5.0100 USD

Common

Sell Transaction

550

5.0119 USD

Common

Sell Transaction

272

5.0148 USD

Common

Sell Transaction

400

5.0175 USD

Common

Sell Transaction

11

5.0191 USD

Common

Sell Transaction

1,156

5.0193 USD

Common

Sell Transaction

2,000

5.0193 USD

Common

Sell Transaction

31

5.0194 USD

Common

Sell Transaction

915

5.0200 USD

Common

Sell Transaction

412

5.0210 USD

Common

Sell Transaction

523

5.0247 USD

Common

Sell Transaction

721

5.0247 USD

Common

Sell Transaction

600

5.0250 USD

Common

Sell Transaction

215

5.0265 USD

Common

Sell Transaction

1,300

5.0273 USD

Common

Sell Transaction

11

5.0291 USD

Common

Sell Transaction

69

5.0291 USD

Common

Sell Transaction

50

5.0292 USD

Common

Sell Transaction

908

5.0300 USD

Common

Sell Transaction

415

5.0328 USD

Common

Sell Transaction

3,102

5.0329 USD

Common

Sell Transaction

128

5.0356 USD

Common

Sell Transaction

12

5.0375 USD

Common

Sell Transaction

1,786

5.0382 USD

Common

Sell Transaction

7,705

5.0400 USD

Common

Sell Transaction

1,336

5.0407 USD

Common

Sell Transaction

308

5.0418 USD

Common

Sell Transaction

300

5.0433 USD

Common

Sell Transaction

220

5.0450 USD

Common

Sell Transaction

1,904

5.0500 USD

Common

Sell Transaction

74

5.0600 USD

Common

Sell Transaction

100

5.0800 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

 

(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

Buy Transaction

2

4.0000 USD

American

2025-Apr-17

0.1000 USD

Common

Put Option

Buy Transaction

1

4.0000 USD

American

2025-Jul-18

0.2100 USD

Common

Put Option

Sell Transaction

1

4.0000 USD

American

2025-Mar-21

0.1500 USD

Common

Call Option

Sell Transaction

44

6.0000 USD

American

2025-Jul-18

0.3500 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:

11 February 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

700

10.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Purchased

-4,900

5.0 USD

 

American

 

21/03/2025

 

Common

Put Option

Purchased

-1,100

5.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Purchased

2,100

6.0 USD

 

American

 

21/02/2025

 

Common

Put Option

Purchased

-3,900

4.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Purchased

300

8.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-800

5.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-100,000

7.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-100

7.0 USD

 

American

 

21/02/2025

 

Common

Call Option

Purchased

600

10.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Purchased

900

5.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Purchased

-104,200

6.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-600

6.0 USD

 

American

 

21/02/2025

 

Common

Call Option

Purchased

188,900

6.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Purchased

2,500

10.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Purchased

-4,000

4.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-4,000

3.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

2,500

7.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

1,200

6.0 USD

 

American

 

17/04/2025

 

Common

Put Option

Purchased

-8,400

5.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

100

6.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-6,700

5.0 USD

 

American

 

21/02/2025

 

Common

Put Option

Purchased

-800

7.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Purchased

-5,400

4.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Sold

99,900

8.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Sold

-100

5.0 USD

 

American

 

21/03/2025

 

Common

Call Option

Sold

-1,000

5.0 USD

 

American

 

21/02/2025

 

Common

Call Option

Sold

-700

10.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-1,500

7.0 USD

 

American

 

21/03/2025

 

Common

Put Option

Sold

9,200

5.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-100,900

5.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Sold

7,500

6.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-3,600

6.0 USD

 

American

 

21/03/2025

 

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

-9,100

5.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-500

4.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-600

4.0 USD

 

American

 

21/02/2025

 

Common

Call Option

Sold

-14,800

7.0 USD

 

American

 

17/04/2025

 

Common

Put Option

Sold

200

7.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-1,000

7.0 USD

 

American

 

21/02/2025

 

Common

Put Option

Sold

100

4.0 USD

 

American

 

21/03/2025

 

Common

Call Option

Sold

-200

15.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-1,000

3.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-200

7.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Sold

75,400

7.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-1,000

5.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Sold

900

6.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-118,700

7.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-8,600

8.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-1,700

4.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-29,400

8.0 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.

 

 

 

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