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Form 8.3 - American Axle & Manufacturing Holdings

16th Sep 2025 15:00

RNS Number : 5536Z
Citadel Group
16 September 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

15 September 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:

1,086,442

0.91

168,852

0.14

(2) Cash-settled derivatives:

 

0

0.00

0

0.00

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

246,100

0.20

622,000

0.52

 

TOTAL:

1,332,542

1.12

790,852

0.66

 

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

1

5.6500 USD

Common

Buy Transaction

1

5.6900 USD

Common

Buy Transaction

200

5.8038 USD

Common

Buy Transaction

200

5.8300 USD

Common

Buy Transaction

137

5.8600 USD

Common

Buy Transaction

6

5.8750 USD

Common

Buy Transaction

52

5.8798 USD

Common

Buy Transaction

72

5.8900 USD

Common

Buy Transaction

833

5.9100 USD

Common

Buy Transaction

193

5.9300 USD

Common

Buy Transaction

106

5.9350 USD

Common

Buy Transaction

154

5.9400 USD

Common

Buy Transaction

96

5.9450 USD

Common

Buy Transaction

858

5.9457 USD

Common

Buy Transaction

2,020

5.9461 USD

Common

Buy Transaction

258

5.9462 USD

Common

Buy Transaction

1,732

5.9500 USD

Common

Buy Transaction

4,800

5.9550 USD

Common

Buy Transaction

179

5.9550 USD

Common

Buy Transaction

21

5.9552 USD

Common

Buy Transaction

2,809

5.9560 USD

Common

Buy Transaction

489

5.9593 USD

Common

Buy Transaction

695

5.9651 USD

Common

Buy Transaction

100

5.9691 USD

Common

Buy Transaction

344

5.9696 USD

Common

Buy Transaction

154

5.9700 USD

Common

Buy Transaction

6,984

5.9704 USD

Common

Buy Transaction

2,340

5.9790 USD

Common

Buy Transaction

11,701

5.9800 USD

Common

Buy Transaction

278

5.9806 USD

Common

Buy Transaction

141

5.9810 USD

Common

Buy Transaction

964

5.9819 USD

Common

Buy Transaction

1,722

5.9832 USD

Common

Buy Transaction

337

5.9898 USD

Common

Buy Transaction

300

5.9900 USD

Common

Buy Transaction

92

5.9921 USD

Common

Buy Transaction

817

5.9927 USD

Common

Buy Transaction

1,110

5.9946 USD

Common

Buy Transaction

2,809

6.0000 USD

Common

Buy Transaction

2,110

6.0004 USD

Common

Buy Transaction

8,131

6.0018 USD

Common

Buy Transaction

594

6.0040 USD

Common

Buy Transaction

712

6.0040 USD

Common

Buy Transaction

4,890

6.0051 USD

Common

Buy Transaction

417

6.0065 USD

Common

Buy Transaction

2

6.0075 USD

Common

Buy Transaction

169

6.0099 USD

Common

Buy Transaction

104

6.0127 USD

Common

Buy Transaction

511

6.0151 USD

Common

Buy Transaction

2,664

6.0167 USD

Common

Buy Transaction

300

6.0183 USD

Common

Buy Transaction

1,077

6.0189 USD

Common

Buy Transaction

539

6.0190 USD

Common

Buy Transaction

1,600

6.0231 USD

Common

Buy Transaction

200

6.0250 USD

Common

Buy Transaction

2,527

6.0257 USD

Common

Buy Transaction

314

6.0270 USD

Common

Buy Transaction

7,503

6.0274 USD

Common

Buy Transaction

51

6.0276 USD

Common

Buy Transaction

17

6.0329 USD

Common

Buy Transaction

164

6.0345 USD

Common

Buy Transaction

2,414

6.0346 USD

Common

Buy Transaction

781

6.0352 USD

Common

Buy Transaction

1

6.0442 USD

Common

Buy Transaction

200

6.0450 USD

Common

Buy Transaction

743

6.0450 USD

Common

Buy Transaction

701

6.0500 USD

Common

Buy Transaction

542

6.0501 USD

Common

Buy Transaction

19,048

6.0524 USD

Common

Buy Transaction

502

6.0550 USD

Common

Buy Transaction

33,936

6.0590 USD

Common

Buy Transaction

1,253

6.0621 USD

Common

Buy Transaction

298

6.0634 USD

Common

Buy Transaction

800

6.0650 USD

Common

Buy Transaction

6,225

6.0721 USD

Common

Buy Transaction

1,411

6.0728 USD

Common

Buy Transaction

827

6.0737 USD

Common

Buy Transaction

263

6.0780 USD

Common

Buy Transaction

2,127

6.0798 USD

Common

Buy Transaction

15,007

6.0798 USD

Common

Buy Transaction

2,112

6.0800 USD

Common

Buy Transaction

15

6.0813 USD

Common

Buy Transaction

3,376

6.0822 USD

Common

Buy Transaction

196

6.0889 USD

Common

Buy Transaction

1,596

6.0931 USD

Common

Buy Transaction

138

6.0935 USD

Common

Buy Transaction

1

6.0937 USD

Common

Buy Transaction

5,766

6.0948 USD

Common

Buy Transaction

800

6.0990 USD

Common

Buy Transaction

623

6.1026 USD

Common

Buy Transaction

5,000

6.1050 USD

Common

Buy Transaction

10,539

6.1081 USD

Common

Buy Transaction

352

6.1100 USD

Common

Buy Transaction

3,970

6.1117 USD

Common

Buy Transaction

65

6.1131 USD

Common

Buy Transaction

6

6.1133 USD

Common

Buy Transaction

4,111

6.1194 USD

Common

Buy Transaction

10,307

6.1200 USD

Common

Buy Transaction

665

6.1222 USD

Common

Buy Transaction

452

6.1267 USD

Common

Buy Transaction

7,388

6.1289 USD

Common

Buy Transaction

8,345

6.1291 USD

Common

Buy Transaction

15

6.1307 USD

Common

Buy Transaction

1,277

6.1324 USD

Common

Buy Transaction

100

6.1411 USD

Common

Buy Transaction

12,258

6.1441 USD

Common

Buy Transaction

42

6.1500 USD

Common

Buy Transaction

13

6.1508 USD

Common

Buy Transaction

775

6.1576 USD

Common

Buy Transaction

1,433

6.1600 USD

Common

Buy Transaction

21

6.1643 USD

Common

Buy Transaction

1,031

6.1646 USD

Common

Buy Transaction

595

6.1694 USD

Common

Buy Transaction

19

6.1700 USD

Common

Buy Transaction

186

6.1746 USD

Common

Buy Transaction

35

6.1811 USD

Common

Buy Transaction

509

6.1889 USD

Common

Buy Transaction

1,200

6.1900 USD

Common

Buy Transaction

2,584

6.1901 USD

Common

Buy Transaction

3,016

6.1907 USD

Common

Buy Transaction

1,502

6.2000 USD

Common

Buy Transaction

1,500

6.2000 USD

Common

Buy Transaction

5,536

6.2100 USD

Common

Buy Transaction

303

6.2111 USD

Common

Buy Transaction

800

6.2188 USD

Common

Buy Transaction

95,723

6.2200 USD

Common

Buy Transaction

555

6.2211 USD

Common

Buy Transaction

2,204

6.2250 USD

Common

Sell Transaction

200

5.8300 USD

Common

Sell Transaction

300

5.8600 USD

Common

Sell Transaction

401

5.8675 USD

Common

Sell Transaction

700

5.8700 USD

Common

Sell Transaction

395

5.8723 USD

Common

Sell Transaction

305

5.8768 USD

Common

Sell Transaction

487

5.8800 USD

Common

Sell Transaction

300

5.8900 USD

Common

Sell Transaction

1,823

5.9000 USD

Common

Sell Transaction

1,500

5.9050 USD

Common

Sell Transaction

2,154

5.9100 USD

Common

Sell Transaction

2,100

5.9114 USD

Common

Sell Transaction

200

5.9200 USD

Common

Sell Transaction

9,995

5.9229 USD

Common

Sell Transaction

209

5.9300 USD

Common

Sell Transaction

586

5.9400 USD

Common

Sell Transaction

14

5.9421 USD

Common

Sell Transaction

9

5.9467 USD

Common

Sell Transaction

10

5.9500 USD

Common

Sell Transaction

658

5.9537 USD

Common

Sell Transaction

4

5.9575 USD

Common

Sell Transaction

34,200

5.9578 USD

Common

Sell Transaction

10,169

5.9592 USD

Common

Sell Transaction

40

5.9595 USD

Common

Sell Transaction

290

5.9612 USD

Common

Sell Transaction

111

5.9648 USD

Common

Sell Transaction

793

5.9686 USD

Common

Sell Transaction

190

5.9750 USD

Common

Sell Transaction

820

5.9766 USD

Common

Sell Transaction

1,720

5.9833 USD

Common

Sell Transaction

827

5.9862 USD

Common

Sell Transaction

577

5.9877 USD

Common

Sell Transaction

600

5.9900 USD

Common

Sell Transaction

10,729

5.9975 USD

Common

Sell Transaction

12

5.9992 USD

Common

Sell Transaction

1,315

6.0000 USD

Common

Sell Transaction

762

6.0010 USD

Common

Sell Transaction

100

6.0010 USD

Common

Sell Transaction

352

6.0044 USD

Common

Sell Transaction

138

6.0050 USD

Common

Sell Transaction

1,323

6.0079 USD

Common

Sell Transaction

6,645

6.0105 USD

Common

Sell Transaction

2,206

6.0121 USD

Common

Sell Transaction

1,638

6.0214 USD

Common

Sell Transaction

4

6.0225 USD

Common

Sell Transaction

60

6.0283 USD

Common

Sell Transaction

165

6.0299 USD

Common

Sell Transaction

1,000

6.0308 USD

Common

Sell Transaction

145

6.0310 USD

Common

Sell Transaction

1,981

6.0324 USD

Common

Sell Transaction

2,490

6.0342 USD

Common

Sell Transaction

363

6.0359 USD

Common

Sell Transaction

264

6.0367 USD

Common

Sell Transaction

2,621

6.0373 USD

Common

Sell Transaction

41

6.0378 USD

Common

Sell Transaction

38,667

6.0379 USD

Common

Sell Transaction

558

6.0391 USD

Common

Sell Transaction

55

6.0400 USD

Common

Sell Transaction

5,393

6.0428 USD

Common

Sell Transaction

821

6.0429 USD

Common

Sell Transaction

6

6.0500 USD

Common

Sell Transaction

10,547

6.0515 USD

Common

Sell Transaction

38,983

6.0555 USD

Common

Sell Transaction

180

6.0567 USD

Common

Sell Transaction

2

6.0599 USD

Common

Sell Transaction

300

6.0600 USD

Common

Sell Transaction

4,415

6.0617 USD

Common

Sell Transaction

2,152

6.0622 USD

Common

Sell Transaction

1,538

6.0626 USD

Common

Sell Transaction

480

6.0646 USD

Common

Sell Transaction

4,217

6.0663 USD

Common

Sell Transaction

634

6.0665 USD

Common

Sell Transaction

5,884

6.0682 USD

Common

Sell Transaction

2,300

6.0683 USD

Common

Sell Transaction

2,945

6.0695 USD

Common

Sell Transaction

448

6.0750 USD

Common

Sell Transaction

200

6.0775 USD

Common

Sell Transaction

500

6.0780 USD

Common

Sell Transaction

747

6.0789 USD

Common

Sell Transaction

1,527

6.0841 USD

Common

Sell Transaction

480

6.0866 USD

Common

Sell Transaction

9,703

6.0874 USD

Common

Sell Transaction

837

6.0882 USD

Common

Sell Transaction

100

6.0900 USD

Common

Sell Transaction

4,222

6.0901 USD

Common

Sell Transaction

648

6.0930 USD

Common

Sell Transaction

44

6.0950 USD

Common

Sell Transaction

615

6.0987 USD

Common

Sell Transaction

800

6.0990 USD

Common

Sell Transaction

9,716

6.0994 USD

Common

Sell Transaction

1,590

6.1000 USD

Common

Sell Transaction

24,279

6.1016 USD

Common

Sell Transaction

563

6.1023 USD

Common

Sell Transaction

740

6.1050 USD

Common

Sell Transaction

1,000

6.1060 USD

Common

Sell Transaction

14

6.1064 USD

Common

Sell Transaction

2,332

6.1081 USD

Common

Sell Transaction

695

6.1099 USD

Common

Sell Transaction

600

6.1108 USD

Common

Sell Transaction

3,401

6.1144 USD

Common

Sell Transaction

4,679

6.1165 USD

Common

Sell Transaction

4,123

6.1185 USD

Common

Sell Transaction

10

6.1190 USD

Common

Sell Transaction

12,906

6.1199 USD

Common

Sell Transaction

19,939

6.1207 USD

Common

Sell Transaction

1,393

6.1233 USD

Common

Sell Transaction

706

6.1234 USD

Common

Sell Transaction

1,000

6.1250 USD

Common

Sell Transaction

1,160

6.1262 USD

Common

Sell Transaction

4,065

6.1275 USD

Common

Sell Transaction

54

6.1300 USD

Common

Sell Transaction

258

6.1333 USD

Common

Sell Transaction

973

6.1337 USD

Common

Sell Transaction

129

6.1345 USD

Common

Sell Transaction

894

6.1363 USD

Common

Sell Transaction

1,767

6.1395 USD

Common

Sell Transaction

113

6.1400 USD

Common

Sell Transaction

9,054

6.1471 USD

Common

Sell Transaction

110

6.1482 USD

Common

Sell Transaction

422

6.1487 USD

Common

Sell Transaction

246

6.1500 USD

Common

Sell Transaction

511

6.1500 USD

Common

Sell Transaction

430

6.1530 USD

Common

Sell Transaction

12,062

6.1538 USD

Common

Sell Transaction

1,500

6.1546 USD

Common

Sell Transaction

330

6.1570 USD

Common

Sell Transaction

597

6.1607 USD

Common

Sell Transaction

200

6.1650 USD

Common

Sell Transaction

35

6.1651 USD

Common

Sell Transaction

767

6.1667 USD

Common

Sell Transaction

600

6.1680 USD

Common

Sell Transaction

1,200

6.1700 USD

Common

Sell Transaction

501

6.1724 USD

Common

Sell Transaction

500

6.1724 USD

Common

Sell Transaction

166

6.1800 USD

Common

Sell Transaction

412

6.1891 USD

Common

Sell Transaction

566

6.1900 USD

Common

Sell Transaction

40

6.1920 USD

Common

Sell Transaction

13

6.1954 USD

Common

Sell Transaction

364

6.1966 USD

Common

Sell Transaction

29,132

6.1989 USD

Common

Sell Transaction

1,928

6.2000 USD

Common

Sell Transaction

3

6.2033 USD

Common

Sell Transaction

4,368

6.2050 USD

Common

Sell Transaction

449

6.2076 USD

Common

Sell Transaction

23

6.2091 USD

Common

Sell Transaction

9,023

6.2100 USD

Common

Sell Transaction

283

6.2122 USD

Common

Sell Transaction

96,762

6.2200 USD

Common

Sell Transaction

374

6.2288 USD

Common

Sell Transaction

649

6.2300 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

Call Option

Buy Transaction

100

6.0000 USD

American

2025-10-17

0.3300 USD

Common

Call Option

Buy Transaction

100

6.0000 USD

American

2026-01-16

0.7300 USD

Common

Call Option

Buy Transaction

100

6.0000 USD

American

2026-04-17

0.9600 USD

Common

Call Option

Buy Transaction

500

6.0000 USD

American

2026-04-17

1.1000 USD

Common

Call Option

Sell Transaction

1,000

7.0000 USD

American

2025-09-19

0.0400 USD

Common

Call Option

Sell Transaction

100

7.0000 USD

American

2025-10-17

0.1000 USD

Common

Call Option

Sell Transaction

1,100

7.0000 USD

American

2025-10-17

0.1500 USD

Common

Call Option

Sell Transaction

100

7.0000 USD

American

2025-10-17

0.1700 USD

Common

Put Option

Sell Transaction

100

5.0000 USD

American

2026-01-16

0.2100 USD

Common

Put Option

Sell Transaction

100

6.0000 USD

American

2025-10-17

0.2600 USD

Common

Call Option

Sell Transaction

100

6.0000 USD

American

2025-10-17

0.3100 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:

16 September 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

300

2.0 USD

 

American

 

17/10/2025

 

Common

Call Option

Purchased

1,500

5.0 USD

 

American

 

19/09/2025

 

Common

Call Option

Purchased

16,200

7.0 USD

 

American

 

17/10/2025

 

Common

Put Option

Purchased

-500

3.0 USD

 

American

 

17/04/2026

 

Common

Put Option

Purchased

-8,200

6.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

43,300

6.0 USD

 

American

 

17/10/2025

 

Common

Put Option

Purchased

-400

5.0 USD

 

American

 

19/09/2025

 

Common

Put Option

Purchased

-17,200

3.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

15,700

4.0 USD

 

American

 

17/10/2025

 

Common

Put Option

Purchased

-10,800

5.0 USD

 

American

 

17/04/2026

 

Common

Put Option

Purchased

-1,200

5.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Purchased

1,000

8.0 USD

 

American

 

17/10/2025

 

Common

Call Option

Purchased

7,900

6.0 USD

 

American

 

17/04/2026

 

Common

Call Option

Purchased

500

8.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Purchased

-215,700

4.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

200

11.0 USD

 

American

 

17/04/2026

 

Common

Put Option

Purchased

-800

7.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Purchased

100

4.0 USD

 

American

 

19/09/2025

 

Common

Call Option

Purchased

10,100

7.0 USD

 

American

 

18/12/2026

 

Common

Call Option

Purchased

44,800

6.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

3,100

10.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

100

9.0 USD

 

American

 

17/04/2026

 

Common

Call Option

Purchased

800

3.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Purchased

2,600

5.0 USD

 

American

 

17/04/2026

 

Common

Call Option

Purchased

5,400

6.0 USD

 

American

 

19/09/2025

 

Common

Call Option

Purchased

300

3.0 USD

 

American

 

17/10/2025

 

Common

Call Option

Sold

-39,400

5.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-400

5.0 USD

 

American

 

18/12/2026

 

Common

Call Option

Sold

-6,200

12.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-1,000

7.0 USD

 

American

 

19/09/2025

 

Common

Put Option

Sold

300

6.0 USD

 

American

 

17/10/2025

 

Common

Call Option

Sold

-1,400

3.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-54,300

5.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Sold

800

5.0 USD

 

American

 

17/10/2025

 

Common

Put Option

Sold

700

6.0 USD

 

American

 

19/09/2025

 

Common

Put Option

Sold

100

7.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Sold

89,700

5.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-1,400

4.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-500

10.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-100

1.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-128,700

5.0 USD

 

American

 

17/10/2025

 

Common

Put Option

Sold

600

3.0 USD

 

American

 

17/10/2025

 

Common

Call Option

Sold

-900

4.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-12,500

15.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-300

7.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-111,700

7.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-8,400

7.0 USD

 

American

 

17/04/2026

 

 

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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