28th Aug 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 August 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: | 1,176,508 | 0.99 | 646,475 | 0.54 |
(2) Cash-settled derivatives:
| 0 | 0.00 | 0 | 0.00 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 217,900 | 0.18 | 655,700 | 0.55 |
TOTAL: | 1,394,408 | 1.17 | 1,302,175 | 1.09 |
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 | 5.8584 USD |
Common | Buy Transaction | 626 | 5.9050 USD |
Common | Buy Transaction | 510 | 5.9390 USD |
Common | Buy Transaction | 192 | 5.9398 USD |
Common | Buy Transaction | 300 | 5.9400 USD |
Common | Buy Transaction | 88 | 5.9468 USD |
Common | Buy Transaction | 3,300 | 5.9561 USD |
Common | Buy Transaction | 1,100 | 5.9564 USD |
Common | Buy Transaction | 100 | 5.9595 USD |
Common | Buy Transaction | 110 | 5.9600 USD |
Common | Buy Transaction | 2,285 | 5.9643 USD |
Common | Buy Transaction | 3,400 | 5.9649 USD |
Common | Buy Transaction | 470 | 5.9700 USD |
Common | Buy Transaction | 2,064 | 5.9712 USD |
Common | Buy Transaction | 1,100 | 5.9759 USD |
Common | Buy Transaction | 72 | 5.9761 USD |
Common | Buy Transaction | 2,624 | 5.9794 USD |
Common | Buy Transaction | 701 | 5.9795 USD |
Common | Buy Transaction | 100 | 5.9800 USD |
Common | Buy Transaction | 742 | 5.9811 USD |
Common | Buy Transaction | 572 | 5.9819 USD |
Common | Buy Transaction | 834 | 5.9825 USD |
Common | Buy Transaction | 528 | 5.9829 USD |
Common | Buy Transaction | 1,235 | 5.9891 USD |
Common | Buy Transaction | 238 | 5.9900 USD |
Common | Buy Transaction | 1,003 | 5.9904 USD |
Common | Buy Transaction | 3,590 | 5.9909 USD |
Common | Buy Transaction | 400 | 5.9925 USD |
Common | Buy Transaction | 100 | 5.9950 USD |
Common | Buy Transaction | 750 | 5.9993 USD |
Common | Buy Transaction | 18,480 | 6.0000 USD |
Common | Buy Transaction | 2,087 | 6.0003 USD |
Common | Buy Transaction | 19,686 | 6.0027 USD |
Common | Buy Transaction | 5,853 | 6.0029 USD |
Common | Buy Transaction | 1 | 6.0048 USD |
Common | Buy Transaction | 10 | 6.0050 USD |
Common | Buy Transaction | 5,294 | 6.0072 USD |
Common | Buy Transaction | 2,057 | 6.0084 USD |
Common | Buy Transaction | 2,079 | 6.0086 USD |
Common | Buy Transaction | 17,745 | 6.0100 USD |
Common | Buy Transaction | 2,517 | 6.0149 USD |
Common | Buy Transaction | 5 | 6.0150 USD |
Common | Buy Transaction | 2,623 | 6.0163 USD |
Common | Buy Transaction | 248 | 6.0166 USD |
Common | Buy Transaction | 13,723 | 6.0200 USD |
Common | Buy Transaction | 25,718 | 6.0237 USD |
Common | Buy Transaction | 200 | 6.0250 USD |
Common | Buy Transaction | 1,128 | 6.0260 USD |
Common | Buy Transaction | 1,100 | 6.0300 USD |
Common | Buy Transaction | 536 | 6.0340 USD |
Common | Buy Transaction | 801 | 6.0349 USD |
Common | Buy Transaction | 1,156 | 6.0360 USD |
Common | Buy Transaction | 2,239 | 6.0379 USD |
Common | Buy Transaction | 4,081 | 6.0380 USD |
Common | Buy Transaction | 711 | 6.0400 USD |
Common | Buy Transaction | 153 | 6.0400 USD |
Common | Buy Transaction | 2,257 | 6.0407 USD |
Common | Buy Transaction | 2,893 | 6.0410 USD |
Common | Buy Transaction | 548 | 6.0429 USD |
Common | Buy Transaction | 150 | 6.0455 USD |
Common | Buy Transaction | 5,300 | 6.0485 USD |
Common | Buy Transaction | 500 | 6.0491 USD |
Common | Buy Transaction | 406 | 6.0494 USD |
Common | Buy Transaction | 5,440 | 6.0500 USD |
Common | Buy Transaction | 4,979 | 6.0505 USD |
Common | Buy Transaction | 1,500 | 6.0513 USD |
Common | Buy Transaction | 760 | 6.0522 USD |
Common | Buy Transaction | 500 | 6.0540 USD |
Common | Buy Transaction | 32 | 6.0550 USD |
Common | Buy Transaction | 1,723 | 6.0550 USD |
Common | Buy Transaction | 473 | 6.0587 USD |
Common | Buy Transaction | 1 | 6.0600 USD |
Common | Buy Transaction | 2,200 | 6.0641 USD |
Common | Buy Transaction | 1,101 | 6.0644 USD |
Common | Buy Transaction | 276 | 6.0649 USD |
Common | Buy Transaction | 600 | 6.0650 USD |
Common | Buy Transaction | 1,356 | 6.0657 USD |
Common | Buy Transaction | 300 | 6.0676 USD |
Common | Buy Transaction | 2,568 | 6.0700 USD |
Common | Buy Transaction | 825 | 6.0709 USD |
Common | Buy Transaction | 602 | 6.0747 USD |
Common | Buy Transaction | 10,000 | 6.0750 USD |
Common | Buy Transaction | 39,651 | 6.0782 USD |
Common | Buy Transaction | 337 | 6.0792 USD |
Common | Buy Transaction | 2,870 | 6.0798 USD |
Common | Buy Transaction | 800 | 6.0800 USD |
Common | Buy Transaction | 204 | 6.0850 USD |
Common | Buy Transaction | 291 | 6.0850 USD |
Common | Buy Transaction | 15,986 | 6.0852 USD |
Common | Buy Transaction | 689 | 6.0860 USD |
Common | Buy Transaction | 933 | 6.0900 USD |
Common | Buy Transaction | 401 | 6.0972 USD |
Common | Buy Transaction | 10 | 6.1010 USD |
Common | Buy Transaction | 2,000 | 6.1040 USD |
Common | Buy Transaction | 151 | 6.1128 USD |
Common | Buy Transaction | 105 | 6.1200 USD |
Common | Buy Transaction | 35 | 6.1300 USD |
Common | Buy Transaction | 12,100 | 6.1400 USD |
Common | Buy Transaction | 250 | 6.1410 USD |
Common | Buy Transaction | 27,095 | 6.1415 USD |
Common | Buy Transaction | 300 | 6.1650 USD |
Common | Sell Transaction | 700 | 5.8908 USD |
Common | Sell Transaction | 976 | 5.9100 USD |
Common | Sell Transaction | 300 | 5.9233 USD |
Common | Sell Transaction | 7 | 5.9386 USD |
Common | Sell Transaction | 4 | 5.9550 USD |
Common | Sell Transaction | 114 | 5.9600 USD |
Common | Sell Transaction | 2 | 5.9621 USD |
Common | Sell Transaction | 300 | 5.9700 USD |
Common | Sell Transaction | 10 | 5.9750 USD |
Common | Sell Transaction | 1,659 | 5.9750 USD |
Common | Sell Transaction | 341 | 5.9750 USD |
Common | Sell Transaction | 220 | 5.9800 USD |
Common | Sell Transaction | 396 | 5.9850 USD |
Common | Sell Transaction | 325 | 5.9850 USD |
Common | Sell Transaction | 600 | 5.9858 USD |
Common | Sell Transaction | 4,800 | 5.9877 USD |
Common | Sell Transaction | 20 | 5.9890 USD |
Common | Sell Transaction | 414 | 5.9899 USD |
Common | Sell Transaction | 131 | 5.9900 USD |
Common | Sell Transaction | 362 | 5.9904 USD |
Common | Sell Transaction | 2,400 | 5.9905 USD |
Common | Sell Transaction | 60 | 5.9950 USD |
Common | Sell Transaction | 1,000 | 5.9980 USD |
Common | Sell Transaction | 343 | 5.9990 USD |
Common | Sell Transaction | 227 | 5.9993 USD |
Common | Sell Transaction | 2,552 | 6.0002 USD |
Common | Sell Transaction | 1,087 | 6.0029 USD |
Common | Sell Transaction | 50 | 6.0050 USD |
Common | Sell Transaction | 1,538 | 6.0056 USD |
Common | Sell Transaction | 779 | 6.0077 USD |
Common | Sell Transaction | 7 | 6.0086 USD |
Common | Sell Transaction | 10 | 6.0090 USD |
Common | Sell Transaction | 294 | 6.0092 USD |
Common | Sell Transaction | 883 | 6.0097 USD |
Common | Sell Transaction | 27,355 | 6.0100 USD |
Common | Sell Transaction | 1,680 | 6.0126 USD |
Common | Sell Transaction | 580 | 6.0144 USD |
Common | Sell Transaction | 625 | 6.0147 USD |
Common | Sell Transaction | 10 | 6.0150 USD |
Common | Sell Transaction | 374 | 6.0156 USD |
Common | Sell Transaction | 2,316 | 6.0164 USD |
Common | Sell Transaction | 2,446 | 6.0183 USD |
Common | Sell Transaction | 573 | 6.0200 USD |
Common | Sell Transaction | 15,548 | 6.0200 USD |
Common | Sell Transaction | 500 | 6.0220 USD |
Common | Sell Transaction | 166 | 6.0221 USD |
Common | Sell Transaction | 744 | 6.0224 USD |
Common | Sell Transaction | 21 | 6.0243 USD |
Common | Sell Transaction | 116 | 6.0250 USD |
Common | Sell Transaction | 348 | 6.0255 USD |
Common | Sell Transaction | 700 | 6.0257 USD |
Common | Sell Transaction | 598 | 6.0265 USD |
Common | Sell Transaction | 1,800 | 6.0272 USD |
Common | Sell Transaction | 1,899 | 6.0297 USD |
Common | Sell Transaction | 257 | 6.0298 USD |
Common | Sell Transaction | 3,637 | 6.0300 USD |
Common | Sell Transaction | 180 | 6.0303 USD |
Common | Sell Transaction | 201 | 6.0305 USD |
Common | Sell Transaction | 1,542 | 6.0306 USD |
Common | Sell Transaction | 299 | 6.0315 USD |
Common | Sell Transaction | 3,400 | 6.0321 USD |
Common | Sell Transaction | 419 | 6.0323 USD |
Common | Sell Transaction | 266 | 6.0337 USD |
Common | Sell Transaction | 320 | 6.0341 USD |
Common | Sell Transaction | 19,996 | 6.0345 USD |
Common | Sell Transaction | 3,755 | 6.0346 USD |
Common | Sell Transaction | 200 | 6.0350 USD |
Common | Sell Transaction | 67 | 6.0351 USD |
Common | Sell Transaction | 1,200 | 6.0358 USD |
Common | Sell Transaction | 219 | 6.0359 USD |
Common | Sell Transaction | 1,167 | 6.0400 USD |
Common | Sell Transaction | 172 | 6.0401 USD |
Common | Sell Transaction | 500 | 6.0440 USD |
Common | Sell Transaction | 4,600 | 6.0450 USD |
Common | Sell Transaction | 399 | 6.0450 USD |
Common | Sell Transaction | 543 | 6.0466 USD |
Common | Sell Transaction | 1,351 | 6.0468 USD |
Common | Sell Transaction | 45 | 6.0493 USD |
Common | Sell Transaction | 3,277 | 6.0496 USD |
Common | Sell Transaction | 6,707 | 6.0500 USD |
Common | Sell Transaction | 507 | 6.0507 USD |
Common | Sell Transaction | 421 | 6.0512 USD |
Common | Sell Transaction | 1,100 | 6.0518 USD |
Common | Sell Transaction | 3,100 | 6.0529 USD |
Common | Sell Transaction | 1,635 | 6.0542 USD |
Common | Sell Transaction | 1,200 | 6.0542 USD |
Common | Sell Transaction | 4,272 | 6.0550 USD |
Common | Sell Transaction | 329 | 6.0566 USD |
Common | Sell Transaction | 900 | 6.0567 USD |
Common | Sell Transaction | 1,875 | 6.0600 USD |
Common | Sell Transaction | 534 | 6.0616 USD |
Common | Sell Transaction | 38,200 | 6.0650 USD |
Common | Sell Transaction | 97 | 6.0651 USD |
Common | Sell Transaction | 10 | 6.0690 USD |
Common | Sell Transaction | 200 | 6.0700 USD |
Common | Sell Transaction | 83 | 6.0705 USD |
Common | Sell Transaction | 1,968 | 6.0732 USD |
Common | Sell Transaction | 2,957 | 6.0740 USD |
Common | Sell Transaction | 14,490 | 6.0742 USD |
Common | Sell Transaction | 100 | 6.0754 USD |
Common | Sell Transaction | 2,215 | 6.0758 USD |
Common | Sell Transaction | 301 | 6.0800 USD |
Common | Sell Transaction | 7,300 | 6.0802 USD |
Common | Sell Transaction | 2,916 | 6.0817 USD |
Common | Sell Transaction | 1,231 | 6.0822 USD |
Common | Sell Transaction | 4,158 | 6.0869 USD |
Common | Sell Transaction | 8,163 | 6.0883 USD |
Common | Sell Transaction | 1,644 | 6.0922 USD |
Common | Sell Transaction | 7,615 | 6.0928 USD |
Common | Sell Transaction | 233 | 6.0933 USD |
Common | Sell Transaction | 1,124 | 6.0969 USD |
Common | Sell Transaction | 700 | 6.1007 USD |
Common | Sell Transaction | 400 | 6.1100 USD |
Common | Sell Transaction | 1,432 | 6.1136 USD |
Common | Sell Transaction | 700 | 6.1191 USD |
Common | Sell Transaction | 517 | 6.1200 USD |
Common | Sell Transaction | 700 | 6.1213 USD |
Common | Sell Transaction | 345 | 6.1233 USD |
Common | Sell Transaction | 400 | 6.1275 USD |
Common | Sell Transaction | 151 | 6.1300 USD |
Common | Sell Transaction | 45 | 6.1351 USD |
Common | Sell Transaction | 300 | 6.1367 USD |
Common | Sell Transaction | 200 | 6.1500 USD |
Common | Sell Transaction | 165 | 6.1591 USD |
Common | Sell Transaction | 200 | 6.1600 USD |
Common | Sell Transaction | 1,300 | 6.1688 USD |
Common | Sell Transaction | 819 | 6.1693 USD |
Common | Sell Transaction | 240 | 6.1700 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 | 500 | 7.0000 USD | American | 2025-10-17 | 0.1500 USD |
Common | Call Option | Buy Transaction | 100 | 6.0000 USD | American | 2025-09-19 | 0.3400 USD |
Common | Call Option | Buy Transaction | 300 | 7.0000 USD | American | 2026-01-16 | 0.4500 USD |
Common | Call Option | Buy Transaction | 100 | 6.0000 USD | American | 2025-10-17 | 0.4500 USD |
Common | Call Option | Buy Transaction | 100 | 7.0000 USD | American | 2026-01-16 | 0.4800 USD |
Common | Call Option | Buy Transaction | 100 | 6.0000 USD | American | 2025-10-17 | 0.4800 USD |
Common | Call Option | Buy Transaction | 100 | 6.0000 USD | American | 2025-10-17 | 0.4900 USD |
Common | Call Option | Buy Transaction | 100 | 6.0000 USD | American | 2026-01-16 | 0.9000 USD |
Common | Call Option | Buy Transaction | 100 | 6.0000 USD | American | 2026-01-16 | 0.9100 USD |
Common | Call Option | Buy Transaction | 200 | 6.0000 USD | American | 2026-04-17 | 1.1200 USD |
Common | Call Option | Buy Transaction | 300 | 5.0000 USD | American | 2025-10-17 | 1.1500 USD |
Common | Call Option | Sell Transaction | 1,300 | 7.0000 USD | American | 2025-10-17 | 0.2000 USD |
Common | Put Option | Sell Transaction | 100 | 6.0000 USD | American | 2025-09-19 | 0.2200 USD |
Common | Call Option | Sell Transaction | 7,100 | 7.0000 USD | American | 2025-10-17 | 0.2500 USD |
Common | Call Option | Sell Transaction | 100 | 6.0000 USD | American | 2025-09-19 | 0.3000 USD |
Common | Call Option | Sell Transaction | 200 | 7.0000 USD | American | 2026-01-16 | 0.4300 USD |
Common | Call Option | Sell Transaction | 100 | 6.0000 USD | American | 2025-10-17 | 0.4400 USD |
Common | Call Option | Sell Transaction | 100 | 6.0000 USD | American | 2025-10-17 | 0.4500 USD |
Common | Call Option | Sell Transaction | 1,900 | 6.0000 USD | American | 2025-09-19 | 0.4500 USD |
Common | Call Option | Sell Transaction | 100 | 7.0000 USD | American | 2026-01-16 | 0.5000 USD |
Common | Call Option | Sell Transaction | 18,700 | 6.0000 USD | American | 2026-04-17 | 1.1000 USD |
Common | Call Option | Sell Transaction | 1,800 | 5.0000 USD | American | 2025-10-17 | 1.1500 USD |
Common | Call Option | Sell Transaction | 23,100 | 6.0000 USD | American | 2026-04-17 | 1.1500 USD |
Common | Call Option | Sell Transaction | 400 | 5.0000 USD | American | 2026-12-18 | 2.4500 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 August 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 | 1,400 | 5.0 USD
| American
| 19/09/2025
|
Common | Put Option | Purchased | -8,200 | 6.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 5,200 | 6.0 USD
| American
| 19/09/2025
|
Common | Call Option | Purchased | 1,000 | 5.0 USD
| American
| 17/04/2026
|
Common | Put Option | Purchased | -500 | 3.0 USD
| American
| 17/04/2026
|
Common | Call Option | Purchased | 300 | 2.0 USD
| American
| 17/10/2025
|
Common | Put Option | Purchased | -10,700 | 5.0 USD
| American
| 17/04/2026
|
Common | Put Option | Purchased | -400 | 5.0 USD
| American
| 19/09/2025
|
Common | Call Option | Purchased | 100 | 8.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 300 | 3.0 USD
| American
| 17/10/2025
|
Common | Put Option | Purchased | -215,600 | 4.0 USD
| American
| 16/01/2026
|
Common | Put Option | Purchased | -100 | 7.0 USD
| American
| 17/10/2025
|
Common | Call Option | Purchased | 44,200 | 6.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 3,000 | 10.0 USD
| American
| 16/01/2026
|
Common | Put Option | Purchased | -1,200 | 5.0 USD
| American
| 17/07/2026
|
Common | Call Option | Purchased | 100 | 4.0 USD
| American
| 19/09/2025
|
Common | Call Option | Purchased | 800 | 3.0 USD
| American
| 17/07/2026
|
Common | Call Option | Purchased | 35,900 | 6.0 USD
| American
| 17/10/2025
|
Common | Call Option | Purchased | 15,700 | 4.0 USD
| American
| 17/10/2025
|
Common | Call Option | Purchased | 1,000 | 8.0 USD
| American
| 17/10/2025
|
Common | Put Option | Purchased | -17,200 | 3.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 14,100 | 7.0 USD
| American
| 17/10/2025
|
Common | Call Option | Sold | -6,200 | 12.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -54,300 | 5.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -100 | 1.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -12,500 | 15.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -400 | 5.0 USD
| American
| 18/12/2026
|
Common | Put Option | Sold | 92,700 | 5.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -1,000 | 10.0 USD
| American
| 17/07/2026
|
Common | Put Option | Sold | 600 | 3.0 USD
| American
| 17/10/2025
|
Common | Call Option | Sold | -107,500 | 7.0 USD
| American
| 16/01/2026
|
Common | Put Option | Sold | 800 | 5.0 USD
| American
| 17/10/2025
|
Common | Put Option | Sold | 600 | 6.0 USD
| American
| 19/09/2025
|
Common | Call Option | Sold | -1,400 | 4.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -41,600 | 5.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -1,000 | 7.0 USD
| American
| 17/07/2026
|
Common | Put Option | Sold | 100 | 6.0 USD
| American
| 17/10/2025
|
Common | Call Option | Sold | -131,900 | 5.0 USD
| American
| 17/10/2025
|
Common | Call Option | Sold | -900 | 4.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -1,400 | 3.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -41,600 | 6.0 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.
Related Shares:
Dowlais