13th Oct 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 | 10 October 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: | 732,542 | 0.61 | 155,858 | 0.13 |
(2) Cash-settled derivatives:
| 0 | 0.00 | 0 | 0.00 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 484,000 | 0.40 | 1,048,300 | 0.88 |
TOTAL: | 1,216,542 | 1.02 | 1,204,158 | 1.01 |
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 | 90 | 5.2581 USD |
Common | Buy Transaction | 1,800 | 5.3100 USD |
Common | Buy Transaction | 143 | 5.3150 USD |
Common | Buy Transaction | 15,900 | 5.3200 USD |
Common | Buy Transaction | 257 | 5.3201 USD |
Common | Buy Transaction | 1,300 | 5.3250 USD |
Common | Buy Transaction | 253 | 5.3326 USD |
Common | Buy Transaction | 1,354 | 5.3393 USD |
Common | Buy Transaction | 1 | 5.3400 USD |
Common | Buy Transaction | 336 | 5.3421 USD |
Common | Buy Transaction | 2,619 | 5.3567 USD |
Common | Buy Transaction | 642 | 5.3600 USD |
Common | Buy Transaction | 66 | 5.3635 USD |
Common | Buy Transaction | 6,208 | 5.3650 USD |
Common | Buy Transaction | 667 | 5.3660 USD |
Common | Buy Transaction | 304 | 5.3700 USD |
Common | Buy Transaction | 300 | 5.3750 USD |
Common | Buy Transaction | 117 | 5.3750 USD |
Common | Buy Transaction | 2,378 | 5.3797 USD |
Common | Buy Transaction | 957 | 5.3800 USD |
Common | Buy Transaction | 294 | 5.3802 USD |
Common | Buy Transaction | 8 | 5.3812 USD |
Common | Buy Transaction | 37 | 5.3816 USD |
Common | Buy Transaction | 1,204 | 5.3822 USD |
Common | Buy Transaction | 562 | 5.3842 USD |
Common | Buy Transaction | 1,752 | 5.3849 USD |
Common | Buy Transaction | 2,910 | 5.3853 USD |
Common | Buy Transaction | 30 | 5.3853 USD |
Common | Buy Transaction | 814 | 5.3861 USD |
Common | Buy Transaction | 8,361 | 5.3864 USD |
Common | Buy Transaction | 622 | 5.3877 USD |
Common | Buy Transaction | 5,689 | 5.3888 USD |
Common | Buy Transaction | 4,015 | 5.3900 USD |
Common | Buy Transaction | 189 | 5.3917 USD |
Common | Buy Transaction | 310 | 5.3923 USD |
Common | Buy Transaction | 222 | 5.3932 USD |
Common | Buy Transaction | 337 | 5.3950 USD |
Common | Buy Transaction | 1,173 | 5.3987 USD |
Common | Buy Transaction | 315 | 5.4000 USD |
Common | Buy Transaction | 4,072 | 5.4017 USD |
Common | Buy Transaction | 561 | 5.4018 USD |
Common | Buy Transaction | 874 | 5.4020 USD |
Common | Buy Transaction | 3,199 | 5.4054 USD |
Common | Buy Transaction | 1,000 | 5.4090 USD |
Common | Buy Transaction | 2,526 | 5.4091 USD |
Common | Buy Transaction | 632 | 5.4100 USD |
Common | Buy Transaction | 1,555 | 5.4170 USD |
Common | Buy Transaction | 974 | 5.4188 USD |
Common | Buy Transaction | 1,086 | 5.4200 USD |
Common | Buy Transaction | 5,687 | 5.4207 USD |
Common | Buy Transaction | 4,382 | 5.4225 USD |
Common | Buy Transaction | 1,700 | 5.4229 USD |
Common | Buy Transaction | 1,198 | 5.4250 USD |
Common | Buy Transaction | 16 | 5.4250 USD |
Common | Buy Transaction | 3,687 | 5.4263 USD |
Common | Buy Transaction | 6 | 5.4267 USD |
Common | Buy Transaction | 157 | 5.4300 USD |
Common | Buy Transaction | 2,899 | 5.4301 USD |
Common | Buy Transaction | 60 | 5.4308 USD |
Common | Buy Transaction | 239 | 5.4309 USD |
Common | Buy Transaction | 391 | 5.4313 USD |
Common | Buy Transaction | 25 | 5.4340 USD |
Common | Buy Transaction | 12,458 | 5.4344 USD |
Common | Buy Transaction | 61 | 5.4364 USD |
Common | Buy Transaction | 2,041 | 5.4375 USD |
Common | Buy Transaction | 27,997 | 5.4396 USD |
Common | Buy Transaction | 12 | 5.4400 USD |
Common | Buy Transaction | 491 | 5.4406 USD |
Common | Buy Transaction | 4,472 | 5.4414 USD |
Common | Buy Transaction | 268 | 5.4439 USD |
Common | Buy Transaction | 1,226 | 5.4442 USD |
Common | Buy Transaction | 118 | 5.4451 USD |
Common | Buy Transaction | 116 | 5.4544 USD |
Common | Buy Transaction | 33 | 5.4552 USD |
Common | Buy Transaction | 8 | 5.4575 USD |
Common | Buy Transaction | 454 | 5.4600 USD |
Common | Buy Transaction | 1,362 | 5.4612 USD |
Common | Buy Transaction | 8,085 | 5.4644 USD |
Common | Buy Transaction | 431 | 5.4659 USD |
Common | Buy Transaction | 9 | 5.4700 USD |
Common | Buy Transaction | 2,717 | 5.4706 USD |
Common | Buy Transaction | 528 | 5.4723 USD |
Common | Buy Transaction | 6,461 | 5.4724 USD |
Common | Buy Transaction | 1,531 | 5.4800 USD |
Common | Buy Transaction | 2,340 | 5.4816 USD |
Common | Buy Transaction | 7 | 5.4864 USD |
Common | Buy Transaction | 8 | 5.4887 USD |
Common | Buy Transaction | 5,500 | 5.4900 USD |
Common | Buy Transaction | 3,469 | 5.4909 USD |
Common | Buy Transaction | 200 | 5.4912 USD |
Common | Buy Transaction | 300 | 5.4950 USD |
Common | Buy Transaction | 26 | 5.4958 USD |
Common | Buy Transaction | 300 | 5.5000 USD |
Common | Buy Transaction | 5,360 | 5.5002 USD |
Common | Buy Transaction | 1,710 | 5.5071 USD |
Common | Buy Transaction | 946 | 5.5105 USD |
Common | Buy Transaction | 1,283 | 5.5145 USD |
Common | Buy Transaction | 277 | 5.5145 USD |
Common | Buy Transaction | 331 | 5.5166 USD |
Common | Buy Transaction | 122 | 5.5256 USD |
Common | Buy Transaction | 28,108 | 5.5256 USD |
Common | Buy Transaction | 1,194 | 5.5278 USD |
Common | Buy Transaction | 24,686 | 5.5294 USD |
Common | Buy Transaction | 100 | 5.5300 USD |
Common | Buy Transaction | 213 | 5.5327 USD |
Common | Buy Transaction | 22,630 | 5.5424 USD |
Common | Buy Transaction | 600 | 5.5450 USD |
Common | Buy Transaction | 2 | 5.5550 USD |
Common | Buy Transaction | 8,540 | 5.5601 USD |
Common | Buy Transaction | 427 | 5.5762 USD |
Common | Buy Transaction | 2 | 5.5900 USD |
Common | Buy Transaction | 4,131 | 5.6071 USD |
Common | Buy Transaction | 364 | 5.6096 USD |
Common | Buy Transaction | 625 | 5.6100 USD |
Common | Buy Transaction | 1,972 | 5.6177 USD |
Common | Buy Transaction | 20 | 5.6200 USD |
Common | Buy Transaction | 200 | 5.6300 USD |
Common | Buy Transaction | 518 | 5.6322 USD |
Common | Buy Transaction | 271 | 5.6357 USD |
Common | Buy Transaction | 848 | 5.6560 USD |
Common | Buy Transaction | 24 | 5.6600 USD |
Common | Buy Transaction | 142 | 5.6672 USD |
Common | Buy Transaction | 1,586 | 5.6678 USD |
Common | Buy Transaction | 981 | 5.6678 USD |
Common | Buy Transaction | 1,754 | 5.6679 USD |
Common | Buy Transaction | 915 | 5.6853 USD |
Common | Buy Transaction | 392 | 5.6994 USD |
Common | Buy Transaction | 1,551 | 5.7094 USD |
Common | Buy Transaction | 3,096 | 5.7110 USD |
Common | Buy Transaction | 494 | 5.7112 USD |
Common | Buy Transaction | 13 | 5.7200 USD |
Common | Buy Transaction | 7,043 | 5.7208 USD |
Common | Buy Transaction | 233 | 5.7227 USD |
Common | Buy Transaction | 200 | 5.7350 USD |
Common | Buy Transaction | 134 | 5.7400 USD |
Common | Buy Transaction | 218 | 5.7408 USD |
Common | Buy Transaction | 5,239 | 5.7440 USD |
Common | Buy Transaction | 3,900 | 5.7450 USD |
Common | Buy Transaction | 200 | 5.7650 USD |
Common | Buy Transaction | 79 | 5.7651 USD |
Common | Buy Transaction | 7 | 5.7671 USD |
Common | Buy Transaction | 400 | 5.7700 USD |
Common | Buy Transaction | 2,913 | 5.8000 USD |
Common | Sell Transaction | 14,775 | 5.3200 USD |
Common | Sell Transaction | 2,867 | 5.3300 USD |
Common | Sell Transaction | 483 | 5.3400 USD |
Common | Sell Transaction | 4,618 | 5.3530 USD |
Common | Sell Transaction | 204 | 5.3573 USD |
Common | Sell Transaction | 200 | 5.3600 USD |
Common | Sell Transaction | 12 | 5.3692 USD |
Common | Sell Transaction | 1 | 5.3700 USD |
Common | Sell Transaction | 500 | 5.3800 USD |
Common | Sell Transaction | 2,607 | 5.3850 USD |
Common | Sell Transaction | 19,932 | 5.3895 USD |
Common | Sell Transaction | 4,308 | 5.3900 USD |
Common | Sell Transaction | 40 | 5.4000 USD |
Common | Sell Transaction | 252 | 5.4022 USD |
Common | Sell Transaction | 200 | 5.4100 USD |
Common | Sell Transaction | 158 | 5.4150 USD |
Common | Sell Transaction | 1,081 | 5.4178 USD |
Common | Sell Transaction | 529 | 5.4184 USD |
Common | Sell Transaction | 745 | 5.4200 USD |
Common | Sell Transaction | 1,000 | 5.4250 USD |
Common | Sell Transaction | 140 | 5.4300 USD |
Common | Sell Transaction | 5,691 | 5.4322 USD |
Common | Sell Transaction | 15,247 | 5.4342 USD |
Common | Sell Transaction | 700 | 5.4350 USD |
Common | Sell Transaction | 1,361 | 5.4363 USD |
Common | Sell Transaction | 3 | 5.4367 USD |
Common | Sell Transaction | 600 | 5.4392 USD |
Common | Sell Transaction | 106 | 5.4400 USD |
Common | Sell Transaction | 10,100 | 5.4450 USD |
Common | Sell Transaction | 10,799 | 5.4454 USD |
Common | Sell Transaction | 641 | 5.4499 USD |
Common | Sell Transaction | 4,051 | 5.4500 USD |
Common | Sell Transaction | 3,501 | 5.4508 USD |
Common | Sell Transaction | 414 | 5.4528 USD |
Common | Sell Transaction | 4,851 | 5.4541 USD |
Common | Sell Transaction | 28 | 5.4550 USD |
Common | Sell Transaction | 16,760 | 5.4559 USD |
Common | Sell Transaction | 10,857 | 5.4585 USD |
Common | Sell Transaction | 15 | 5.4593 USD |
Common | Sell Transaction | 4,905 | 5.4600 USD |
Common | Sell Transaction | 205 | 5.4632 USD |
Common | Sell Transaction | 8,000 | 5.4650 USD |
Common | Sell Transaction | 11 | 5.4655 USD |
Common | Sell Transaction | 697 | 5.4655 USD |
Common | Sell Transaction | 420 | 5.4681 USD |
Common | Sell Transaction | 6,886 | 5.4700 USD |
Common | Sell Transaction | 68 | 5.4730 USD |
Common | Sell Transaction | 910 | 5.4765 USD |
Common | Sell Transaction | 5,850 | 5.4781 USD |
Common | Sell Transaction | 200 | 5.4800 USD |
Common | Sell Transaction | 826 | 5.4826 USD |
Common | Sell Transaction | 2,300 | 5.4843 USD |
Common | Sell Transaction | 3,860 | 5.4848 USD |
Common | Sell Transaction | 1,086 | 5.4874 USD |
Common | Sell Transaction | 253 | 5.4878 USD |
Common | Sell Transaction | 2,654 | 5.4899 USD |
Common | Sell Transaction | 100 | 5.4912 USD |
Common | Sell Transaction | 1,683 | 5.4930 USD |
Common | Sell Transaction | 611 | 5.4957 USD |
Common | Sell Transaction | 100 | 5.5000 USD |
Common | Sell Transaction | 806 | 5.5010 USD |
Common | Sell Transaction | 1,193 | 5.5060 USD |
Common | Sell Transaction | 948 | 5.5075 USD |
Common | Sell Transaction | 3,027 | 5.5078 USD |
Common | Sell Transaction | 2,003 | 5.5089 USD |
Common | Sell Transaction | 1,533 | 5.5094 USD |
Common | Sell Transaction | 5,555 | 5.5110 USD |
Common | Sell Transaction | 23,225 | 5.5111 USD |
Common | Sell Transaction | 1 | 5.5200 USD |
Common | Sell Transaction | 900 | 5.5233 USD |
Common | Sell Transaction | 7 | 5.5357 USD |
Common | Sell Transaction | 308 | 5.5361 USD |
Common | Sell Transaction | 1,195 | 5.5369 USD |
Common | Sell Transaction | 880 | 5.5377 USD |
Common | Sell Transaction | 200 | 5.5400 USD |
Common | Sell Transaction | 394 | 5.5411 USD |
Common | Sell Transaction | 2,725 | 5.5413 USD |
Common | Sell Transaction | 2,646 | 5.5443 USD |
Common | Sell Transaction | 3,094 | 5.5497 USD |
Common | Sell Transaction | 1,128 | 5.5550 USD |
Common | Sell Transaction | 1,207 | 5.5599 USD |
Common | Sell Transaction | 1,000 | 5.5600 USD |
Common | Sell Transaction | 129 | 5.5764 USD |
Common | Sell Transaction | 1,752 | 5.5963 USD |
Common | Sell Transaction | 8 | 5.6275 USD |
Common | Sell Transaction | 10 | 5.6440 USD |
Common | Sell Transaction | 358 | 5.6747 USD |
Common | Sell Transaction | 500 | 5.6900 USD |
Common | Sell Transaction | 36 | 5.6978 USD |
Common | Sell Transaction | 600 | 5.6990 USD |
Common | Sell Transaction | 263 | 5.7100 USD |
Common | Sell Transaction | 1 | 5.7600 USD |
Common | Sell Transaction | 100 | 5.7650 USD |
Common | Sell Transaction | 1,035 | 5.7700 USD |
Common | Sell Transaction | 3 | 5.7800 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 | 7.0000 USD | American | 2025-11-21 | 0.1200 USD |
Common | Put Option | Buy Transaction | 100 | 4.0000 USD | American | 2026-01-16 | 0.1300 USD |
Common | Put Option | Buy Transaction | 100 | 3.0000 USD | American | 2026-04-17 | 0.1500 USD |
Common | Call Option | Buy Transaction | 100 | 10.0000 USD | American | 2026-04-17 | 0.1500 USD |
Common | Put Option | Buy Transaction | 100 | 4.0000 USD | American | 2026-01-16 | 0.1600 USD |
Common | Put Option | Buy Transaction | 400 | 4.0000 USD | American | 2026-01-16 | 0.1700 USD |
Common | Call Option | Buy Transaction | 100 | 9.0000 USD | American | 2026-04-17 | 0.2200 USD |
Common | Call Option | Buy Transaction | 100 | 6.0000 USD | American | 2025-11-21 | 0.2400 USD |
Common | Call Option | Buy Transaction | 100 | 6.0000 USD | American | 2025-11-21 | 0.2700 USD |
Common | Put Option | Buy Transaction | 100 | 5.0000 USD | American | 2025-11-21 | 0.2700 USD |
Common | Call Option | Buy Transaction | 200 | 6.0000 USD | American | 2026-04-17 | 0.6500 USD |
Common | Put Option | Buy Transaction | 600 | 6.0000 USD | American | 2026-01-16 | 0.9300 USD |
Common | Call Option | Sell Transaction | 100 | 7.0000 USD | American | 2025-11-21 | 0.0800 USD |
Common | Call Option | Sell Transaction | 100 | 10.0000 USD | American | 2026-04-17 | 0.1000 USD |
Common | Put Option | Sell Transaction | 100 | 4.0000 USD | American | 2026-01-16 | 0.1500 USD |
Common | Call Option | Sell Transaction | 300 | 6.0000 USD | American | 2025-11-21 | 0.2300 USD |
Common | Put Option | Sell Transaction | 100 | 5.0000 USD | American | 2025-11-21 | 0.2300 USD |
Common | Call Option | Sell Transaction | 200 | 7.0000 USD | American | 2028-01-21 | 1.4400 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: | 13 October 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 | -2,200 | 7.0 USD
| American
| 17/07/2026
|
Common | Put Option | Purchased | -3,300 | 5.0 USD
| American
| 17/07/2026
|
Common | Call Option | Purchased | 3,100 | 10.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 5,400 | 7.0 USD
| American
| 18/12/2026
|
Common | Call Option | Purchased | 38,000 | 10.0 USD
| American
| 17/07/2026
|
Common | Put Option | Purchased | -17,200 | 3.0 USD
| American
| 16/01/2026
|
Common | Put Option | Purchased | -500 | 3.0 USD
| American
| 18/12/2026
|
Common | Call Option | Purchased | 200 | 8.0 USD
| American
| 21/11/2025
|
Common | Put Option | Purchased | -217,900 | 4.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 175,900 | 5.0 USD
| American
| 17/10/2025
|
Common | Put Option | Purchased | -1,000 | 3.0 USD
| American
| 17/04/2026
|
Common | Call Option | Purchased | 15,700 | 4.0 USD
| American
| 17/10/2025
|
Common | Call Option | Purchased | 9,500 | 7.0 USD
| American
| 17/10/2025
|
Common | Call Option | Purchased | 2,500 | 5.0 USD
| American
| 17/04/2026
|
Common | Put Option | Purchased | -900 | 7.0 USD
| American
| 17/10/2025
|
Common | Call Option | Purchased | 300 | 3.0 USD
| American
| 17/10/2025
|
Common | Put Option | Purchased | -300 | 4.0 USD
| American
| 17/04/2026
|
Common | Call Option | Purchased | 1,000 | 8.0 USD
| American
| 17/10/2025
|
Common | Call Option | Purchased | 200 | 11.0 USD
| American
| 17/04/2026
|
Common | Call Option | Purchased | 48,200 | 6.0 USD
| American
| 17/10/2025
|
Common | Call Option | Purchased | 22,600 | 6.0 USD
| American
| 17/04/2026
|
Common | Put Option | Purchased | -800 | 5.0 USD
| American
| 21/11/2025
|
Common | Call Option | Purchased | 300 | 2.0 USD
| American
| 17/10/2025
|
Common | Call Option | Purchased | 800 | 3.0 USD
| American
| 17/07/2026
|
Common | Put Option | Purchased | -10,900 | 5.0 USD
| American
| 17/04/2026
|
Common | Call Option | Purchased | 2,800 | 7.0 USD
| American
| 17/07/2026
|
Common | Put Option | Purchased | -4,400 | 6.0 USD
| American
| 16/01/2026
|
Common | Put Option | Purchased | -200 | 7.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 0 | 5.0 USD
| American
| 21/11/2025
|
Common | Put Option | Purchased | -100 | 6.0 USD
| American
| 17/04/2026
|
Common | Call Option | Sold | -100 | 10.0 USD
| American
| 18/12/2026
|
Common | Call Option | Sold | -400 | 5.0 USD
| American
| 18/12/2026
|
Common | Call Option | Sold | -400 | 8.0 USD
| American
| 17/04/2026
|
Common | Call Option | Sold | -6,200 | 12.0 USD
| American
| 16/01/2026
|
Common | Put Option | Sold | 200 | 6.0 USD
| American
| 17/10/2025
|
Common | Call Option | Sold | -200 | 9.0 USD
| American
| 17/04/2026
|
Common | Call Option | Sold | -200 | 7.0 USD
| American
| 21/01/2028
|
Common | Call Option | Sold | -12,500 | 15.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -800 | 4.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -200 | 8.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -1,000 | 5.0 USD
| American
| 21/01/2028
|
Common | Call Option | Sold | -151,300 | 7.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -52,500 | 5.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -8,400 | 6.0 USD
| American
| 16/01/2026
|
Common | Put Option | Sold | 300 | 6.0 USD
| American
| 21/11/2025
|
Common | Call Option | Sold | -508,400 | 7.0 USD
| American
| 17/04/2026
|
Common | Put Option | Sold | 100 | 5.0 USD
| American
| 18/12/2026
|
Common | Call Option | Sold | -1,400 | 3.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -1,400 | 6.0 USD
| American
| 21/11/2025
|
Common | Call Option | Sold | -2,100 | 7.0 USD
| American
| 21/11/2025
|
Common | Put Option | Sold | 600 | 3.0 USD
| American
| 17/10/2025
|
Common | Put Option | Sold | 91,400 | 5.0 USD
| American
| 16/01/2026
|
Common | Put Option | Sold | 2,200 | 5.0 USD
| American
| 17/10/2025
|
Common | Call Option | Sold | -100 | 1.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -39,400 | 5.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -200 | 10.0 USD
| American
| 17/04/2026
|
Common | Put Option | Sold | 100 | 3.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -1,400 | 4.0 USD
| American
| 16/01/2026
|
Common | Put Option | Sold | 62,600 | 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.
Related Shares:
Dowlais