28th May 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 | 27 May 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: | 1,211,730 | 1.02 | 0 | 0.00 |
(2) Cash-settled derivatives:
| 870,031 | 0.73 | 0 | 0.00 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 981,400 | 0.82 | 996,700 | 0.83 |
TOTAL: | 3,063,161 | 2.58 | 996,700 | 0.83 |
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 | 1,276 | 4.3400 USD |
Common | Buy Transaction | 517 | 4.3410 USD |
Common | Buy Transaction | 1,883 | 4.3424 USD |
Common | Buy Transaction | 877 | 4.3434 USD |
Common | Buy Transaction | 1,238 | 4.3438 USD |
Common | Buy Transaction | 1,588 | 4.3439 USD |
Common | Buy Transaction | 2,086 | 4.3475 USD |
Common | Buy Transaction | 1,105 | 4.3479 USD |
Common | Buy Transaction | 7,046 | 4.3500 USD |
Common | Buy Transaction | 501 | 4.3501 USD |
Common | Buy Transaction | 2,212 | 4.3505 USD |
Common | Buy Transaction | 1,387 | 4.3511 USD |
Common | Buy Transaction | 637 | 4.3516 USD |
Common | Buy Transaction | 4,236 | 4.3520 USD |
Common | Buy Transaction | 960 | 4.3523 USD |
Common | Buy Transaction | 724 | 4.3528 USD |
Common | Buy Transaction | 505 | 4.3530 USD |
Common | Buy Transaction | 1,200 | 4.3542 USD |
Common | Buy Transaction | 200 | 4.3550 USD |
Common | Buy Transaction | 1,112 | 4.3554 USD |
Common | Buy Transaction | 360 | 4.3561 USD |
Common | Buy Transaction | 230 | 4.3565 USD |
Common | Buy Transaction | 300 | 4.3567 USD |
Common | Buy Transaction | 689 | 4.3574 USD |
Common | Buy Transaction | 892 | 4.3577 USD |
Common | Buy Transaction | 1,200 | 4.3583 USD |
Common | Buy Transaction | 1,596 | 4.3589 USD |
Common | Buy Transaction | 1,487 | 4.3595 USD |
Common | Buy Transaction | 25,413 | 4.3600 USD |
Common | Buy Transaction | 1,205 | 4.3608 USD |
Common | Buy Transaction | 1 | 4.3611 USD |
Common | Buy Transaction | 37 | 4.3641 USD |
Common | Buy Transaction | 2,200 | 4.3641 USD |
Common | Buy Transaction | 604 | 4.3650 USD |
Common | Buy Transaction | 295 | 4.3650 USD |
Common | Buy Transaction | 2,807 | 4.3655 USD |
Common | Buy Transaction | 1,000 | 4.3660 USD |
Common | Buy Transaction | 400 | 4.3675 USD |
Common | Buy Transaction | 14 | 4.3679 USD |
Common | Buy Transaction | 300 | 4.3683 USD |
Common | Buy Transaction | 313 | 4.3684 USD |
Common | Buy Transaction | 10,103 | 4.3700 USD |
Common | Buy Transaction | 1,400 | 4.3701 USD |
Common | Buy Transaction | 789 | 4.3713 USD |
Common | Buy Transaction | 593 | 4.3717 USD |
Common | Buy Transaction | 400 | 4.3725 USD |
Common | Buy Transaction | 196 | 4.3726 USD |
Common | Buy Transaction | 1,921 | 4.3729 USD |
Common | Buy Transaction | 60 | 4.3733 USD |
Common | Buy Transaction | 182 | 4.3734 USD |
Common | Buy Transaction | 2,305 | 4.3738 USD |
Common | Buy Transaction | 744 | 4.3747 USD |
Common | Buy Transaction | 300 | 4.3750 USD |
Common | Buy Transaction | 39,743 | 4.3766 USD |
Common | Buy Transaction | 863 | 4.3771 USD |
Common | Buy Transaction | 749 | 4.3785 USD |
Common | Buy Transaction | 1,771 | 4.3792 USD |
Common | Buy Transaction | 2,919 | 4.3794 USD |
Common | Buy Transaction | 11,495 | 4.3800 USD |
Common | Buy Transaction | 95 | 4.3801 USD |
Common | Buy Transaction | 24,248 | 4.3803 USD |
Common | Buy Transaction | 1,874 | 4.3807 USD |
Common | Buy Transaction | 133 | 4.3812 USD |
Common | Buy Transaction | 700 | 4.3818 USD |
Common | Buy Transaction | 1,400 | 4.3825 USD |
Common | Buy Transaction | 361 | 4.3828 USD |
Common | Buy Transaction | 5,833 | 4.3832 USD |
Common | Buy Transaction | 728 | 4.3835 USD |
Common | Buy Transaction | 8,969 | 4.3836 USD |
Common | Buy Transaction | 3,000 | 4.3853 USD |
Common | Buy Transaction | 446 | 4.3865 USD |
Common | Buy Transaction | 315 | 4.3867 USD |
Common | Buy Transaction | 271 | 4.3874 USD |
Common | Buy Transaction | 1,717 | 4.3874 USD |
Common | Buy Transaction | 18 | 4.3878 USD |
Common | Buy Transaction | 10,250 | 4.3895 USD |
Common | Buy Transaction | 10,656 | 4.3900 USD |
Common | Buy Transaction | 2,989 | 4.3904 USD |
Common | Buy Transaction | 2,054 | 4.3908 USD |
Common | Buy Transaction | 143 | 4.3919 USD |
Common | Buy Transaction | 1,689 | 4.3921 USD |
Common | Buy Transaction | 7,225 | 4.3937 USD |
Common | Buy Transaction | 5,570 | 4.3950 USD |
Common | Buy Transaction | 110 | 4.3968 USD |
Common | Buy Transaction | 5,729 | 4.3969 USD |
Common | Buy Transaction | 182 | 4.3980 USD |
Common | Buy Transaction | 1 | 4.3983 USD |
Common | Buy Transaction | 19,595 | 4.4000 USD |
Common | Buy Transaction | 5 | 4.4060 USD |
Common | Buy Transaction | 10,598 | 4.4100 USD |
Common | Buy Transaction | 1,093 | 4.4104 USD |
Common | Buy Transaction | 60,036 | 4.4146 USD |
Common | Buy Transaction | 7,771 | 4.4300 USD |
Common | Buy Transaction | 94,149 | 4.4400 USD |
Common | DVP Transaction | 18 | 4.3400 USD |
Common | DVP Transaction | 1 | 4.3600 USD |
Common | DVP Transaction | 295 | 4.3650 USD |
Common | DVP Transaction | 550 | 4.3700 USD |
Common | DVP Transaction | 3,169 | 4.3818 USD |
Common | DVP Transaction | 264 | 4.3950 USD |
Common | DVP Transaction | 103 | 4.3950 USD |
Common | DVP Transaction | 501 | 4.4000 USD |
Common | DVP Transaction | 200 | 4.4050 USD |
Common | DVP Transaction | 403 | 4.4074 USD |
Common | DVP Transaction | 4,500 | 4.4078 USD |
Common | DVP Transaction | 6,500 | 4.4080 USD |
Common | DVP Transaction | 1,100 | 4.4091 USD |
Common | DVP Transaction | 1,104 | 4.4095 USD |
Common | DVP Transaction | 1,347 | 4.4097 USD |
Common | DVP Transaction | 200 | 4.4100 USD |
Common | DVP Transaction | 1,300 | 4.4104 USD |
Common | DVP Transaction | 1,500 | 4.4120 USD |
Common | DVP Transaction | 458 | 4.4300 USD |
Common | DVP Transaction | 94,149 | 4.4400 USD |
Common | DVP Transaction | 5 | 4.4500 USD |
Common | RVP Transaction | 18 | 4.3400 USD |
Common | RVP Transaction | 1 | 4.3600 USD |
Common | RVP Transaction | 395 | 4.3650 USD |
Common | RVP Transaction | 453 | 4.3700 USD |
Common | RVP Transaction | 124 | 4.3708 USD |
Common | RVP Transaction | 410 | 4.3712 USD |
Common | RVP Transaction | 96 | 4.3742 USD |
Common | RVP Transaction | 124 | 4.3758 USD |
Common | RVP Transaction | 325 | 4.3790 USD |
Common | RVP Transaction | 668 | 4.3799 USD |
Common | RVP Transaction | 200 | 4.3800 USD |
Common | RVP Transaction | 417 | 4.3854 USD |
Common | RVP Transaction | 100 | 4.3866 USD |
Common | RVP Transaction | 403 | 4.3925 USD |
Common | RVP Transaction | 460 | 4.3950 USD |
Common | RVP Transaction | 197 | 4.3970 USD |
Common | RVP Transaction | 4 | 4.3975 USD |
Common | RVP Transaction | 4,362 | 4.4000 USD |
Common | RVP Transaction | 400 | 4.4050 USD |
Common | RVP Transaction | 10,520 | 4.4100 USD |
Common | RVP Transaction | 3,384 | 4.4150 USD |
Common | RVP Transaction | 457 | 4.4300 USD |
Common | RVP Transaction | 94,149 | 4.4400 USD |
Common | Sell Transaction | 100 | 4.3200 USD |
Common | Sell Transaction | 1,580 | 4.3300 USD |
Common | Sell Transaction | 300 | 4.3301 USD |
Common | Sell Transaction | 664 | 4.3334 USD |
Common | Sell Transaction | 300 | 4.3367 USD |
Common | Sell Transaction | 2,643 | 4.3400 USD |
Common | Sell Transaction | 490 | 4.3437 USD |
Common | Sell Transaction | 333 | 4.3437 USD |
Common | Sell Transaction | 1,300 | 4.3456 USD |
Common | Sell Transaction | 900 | 4.3467 USD |
Common | Sell Transaction | 603 | 4.3475 USD |
Common | Sell Transaction | 225 | 4.3481 USD |
Common | Sell Transaction | 2,933 | 4.3500 USD |
Common | Sell Transaction | 540 | 4.3504 USD |
Common | Sell Transaction | 614 | 4.3514 USD |
Common | Sell Transaction | 121 | 4.3517 USD |
Common | Sell Transaction | 227 | 4.3524 USD |
Common | Sell Transaction | 7,277 | 4.3526 USD |
Common | Sell Transaction | 564 | 4.3528 USD |
Common | Sell Transaction | 622 | 4.3542 USD |
Common | Sell Transaction | 400 | 4.3550 USD |
Common | Sell Transaction | 598 | 4.3592 USD |
Common | Sell Transaction | 70 | 4.3593 USD |
Common | Sell Transaction | 254 | 4.3611 USD |
Common | Sell Transaction | 100 | 4.3650 USD |
Common | Sell Transaction | 4,582 | 4.3700 USD |
Common | Sell Transaction | 200 | 4.3750 USD |
Common | Sell Transaction | 838 | 4.3774 USD |
Common | Sell Transaction | 682 | 4.3800 USD |
Common | Sell Transaction | 590 | 4.3800 USD |
Common | Sell Transaction | 1,524 | 4.3807 USD |
Common | Sell Transaction | 700 | 4.3829 USD |
Common | Sell Transaction | 237 | 4.3834 USD |
Common | Sell Transaction | 382 | 4.3857 USD |
Common | Sell Transaction | 13,424 | 4.3863 USD |
Common | Sell Transaction | 2,200 | 4.3873 USD |
Common | Sell Transaction | 555 | 4.3879 USD |
Common | Sell Transaction | 859 | 4.3893 USD |
Common | Sell Transaction | 74 | 4.3900 USD |
Common | Sell Transaction | 600 | 4.3908 USD |
Common | Sell Transaction | 2,000 | 4.3925 USD |
Common | Sell Transaction | 600 | 4.3933 USD |
Common | Sell Transaction | 1,972 | 4.3943 USD |
Common | Sell Transaction | 1,118 | 4.3947 USD |
Common | Sell Transaction | 101 | 4.3949 USD |
Common | Sell Transaction | 600 | 4.3950 USD |
Common | Sell Transaction | 65 | 4.3989 USD |
Common | Sell Transaction | 2,380 | 4.3991 USD |
Common | Sell Transaction | 3 | 4.3991 USD |
Common | Sell Transaction | 3,832 | 4.4000 USD |
Common | Sell Transaction | 220 | 4.4015 USD |
Common | Sell Transaction | 592 | 4.4025 USD |
Common | Sell Transaction | 297 | 4.4028 USD |
Common | Sell Transaction | 1,241 | 4.4041 USD |
Common | Sell Transaction | 301 | 4.4050 USD |
Common | Sell Transaction | 27 | 4.4052 USD |
Common | Sell Transaction | 2,133 | 4.4077 USD |
Common | Sell Transaction | 1,434 | 4.4081 USD |
Common | Sell Transaction | 3,166 | 4.4084 USD |
Common | Sell Transaction | 255 | 4.4089 USD |
Common | Sell Transaction | 1,102 | 4.4091 USD |
Common | Sell Transaction | 4,671 | 4.4100 USD |
Common | Sell Transaction | 352 | 4.4117 USD |
Common | Sell Transaction | 900 | 4.4167 USD |
Common | Sell Transaction | 52 | 4.4177 USD |
Common | Sell Transaction | 2,731 | 4.4199 USD |
Common | Sell Transaction | 2,033 | 4.4200 USD |
Common | Sell Transaction | 695 | 4.4250 USD |
Common | Sell Transaction | 622 | 4.4252 USD |
Common | Sell Transaction | 401 | 4.4299 USD |
Common | Sell Transaction | 8,427 | 4.4300 USD |
Common | Sell Transaction | 94,149 | 4.4400 USD |
(b) Cash-settled derivative transactions
Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit |
Common | CFD | Reducing long position | 200 | 4.3900 USD |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security | Product description e.g. call option | Writing, purchasing, selling, varying etc. | Number of securities to which option relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
Common | Call Option | Buy Transaction | 1 | 4.0000 USD | American | 2025-Jun-20 | 0.5000 USD |
Common | Call Option | Buy Transaction | 1 | 5.0000 USD | American | 2026-Jul-17 | 0.9400 USD |
Common | Call Option | DVP Transaction | 1 | 5.0000 USD | American | 2025-Jul-18 | 0.2500 USD |
Common | Call Option | DVP Transaction | 20 | 10.0000 USD | American | 2026-Jul-17 | 0.2500 USD |
Common | Call Option | DVP Transaction | 1 | 4.0000 USD | American | 2025-Jun-20 | 0.5000 USD |
Common | Call Option | RVP Transaction | 1 | 5.0000 USD | American | 2025-Jul-18 | 0.2500 USD |
Common | Call Option | RVP Transaction | 20 | 10.0000 USD | American | 2026-Jul-17 | 0.2500 USD |
Common | Call Option | RVP Transaction | 1 | 4.0000 USD | American | 2025-Jun-20 | 0.5000 USD |
Common | Call Option | Sell Transaction | 11 | 7.0000 USD | American | 2026-Jul-17 | 0.5500 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: | 28 May 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 | 9,200 | 5.0 USD
| American
| 16/01/2026
|
Common | Put Option | Purchased | -300 | 5.0 USD
| American
| 17/10/2025
|
Common | Put Option | Purchased | -900 | 5.0 USD
| American
| 17/07/2026
|
Common | Call Option | Purchased | 300 | 2.0 USD
| American
| 17/10/2025
|
Common | Put Option | Purchased | -8,000 | 4.0 USD
| American
| 20/06/2025
|
Common | Call Option | Purchased | 700 | 6.0 USD
| American
| 17/10/2025
|
Common | Call Option | Purchased | 1,000 | 3.0 USD
| American
| 18/07/2025
|
Common | Put Option | Purchased | -13,000 | 3.0 USD
| American
| 16/01/2026
|
Common | Put Option | Purchased | -8,500 | 5.0 USD
| American
| 16/01/2026
|
Common | Put Option | Purchased | -700 | 7.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 300 | 8.0 USD
| American
| 20/06/2025
|
Common | Call Option | Purchased | 2,600 | 10.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 700 | 10.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 1,000 | 6.0 USD
| American
| 20/06/2025
|
Common | Put Option | Purchased | -7,200 | 3.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 7,900 | 4.0 USD
| American
| 17/10/2025
|
Common | Call Option | Purchased | 600,000 | 6.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 256,300 | 6.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 2,000 | 7.0 USD
| American
| 20/06/2025
|
Common | Put Option | Purchased | -6,000 | 4.0 USD
| American
| 18/07/2025
|
Common | Put Option | Purchased | -1,300 | 5.0 USD
| American
| 20/06/2025
|
Common | Put Option | Purchased | -1,400 | 4.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 300 | 15.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -800 | 12.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -1,800 | 4.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -500 | 4.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -95,400 | 5.0 USD
| American
| 17/10/2025
|
Common | Call Option | Sold | -1,100 | 7.0 USD
| American
| 17/07/2026
|
Common | Put Option | Sold | 100 | 5.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -2,000 | 3.0 USD
| American
| 17/10/2025
|
Common | Call Option | Sold | -100 | 2.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -36,000 | 5.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -117,900 | 7.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -400 | 3.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -800 | 6.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -3,400 | 10.0 USD
| American
| 17/07/2026
|
Common | Put Option | Sold | 98,900 | 8.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -1,400 | 3.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -29,400 | 8.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -2,500 | 4.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -8,200 | 4.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -200 | 3.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -2,100 | 5.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -200 | 7.0 USD
| American
| 18/07/2025
|
Common | Put Option | Sold | 100 | 3.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -645,200 | 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