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Form 8.3 - American Axle & Manufacturing Holdings

17th Jun 2025 15:00

RNS Number : 1634N
Citadel Group
17 June 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

16 June 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:

1,758,782

1.48

94,505

0.07

(2) Cash-settled derivatives:

 

506,835

0.42

0

0.00

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

989,500

0.83

1,002,100

0.84

 

TOTAL:

3,255,117

2.74

1,096,605

0.92

 

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

100

4.2600 USD

Common

Buy Transaction

19,128

4.2800 USD

Common

Buy Transaction

4,989

4.2810 USD

Common

Buy Transaction

865

4.2815 USD

Common

Buy Transaction

100

4.2819 USD

Common

Buy Transaction

1,752

4.2825 USD

Common

Buy Transaction

3,751

4.2900 USD

Common

Buy Transaction

202

4.2900 USD

Common

Buy Transaction

839

4.2905 USD

Common

Buy Transaction

800

4.2950 USD

Common

Buy Transaction

347

4.2950 USD

Common

Buy Transaction

117

4.2950 USD

Common

Buy Transaction

255

4.2971 USD

Common

Buy Transaction

266

4.2998 USD

Common

Buy Transaction

16,018

4.3000 USD

Common

Buy Transaction

700

4.3007 USD

Common

Buy Transaction

1,011

4.3011 USD

Common

Buy Transaction

746

4.3018 USD

Common

Buy Transaction

700

4.3036 USD

Common

Buy Transaction

111

4.3036 USD

Common

Buy Transaction

386

4.3046 USD

Common

Buy Transaction

1,390

4.3049 USD

Common

Buy Transaction

960

4.3050 USD

Common

Buy Transaction

239

4.3050 USD

Common

Buy Transaction

517

4.3058 USD

Common

Buy Transaction

515

4.3058 USD

Common

Buy Transaction

1,471

4.3079 USD

Common

Buy Transaction

98

4.3089 USD

Common

Buy Transaction

2,725

4.3097 USD

Common

Buy Transaction

5,105

4.3100 USD

Common

Buy Transaction

1,352

4.3102 USD

Common

Buy Transaction

4,300

4.3108 USD

Common

Buy Transaction

108

4.3114 USD

Common

Buy Transaction

300

4.3117 USD

Common

Buy Transaction

2,302

4.3119 USD

Common

Buy Transaction

2,845

4.3129 USD

Common

Buy Transaction

586

4.3134 USD

Common

Buy Transaction

14,089

4.3147 USD

Common

Buy Transaction

308

4.3150 USD

Common

Buy Transaction

10,702

4.3162 USD

Common

Buy Transaction

2,804

4.3168 USD

Common

Buy Transaction

2,560

4.3179 USD

Common

Buy Transaction

2,332

4.3186 USD

Common

Buy Transaction

4,821

4.3187 USD

Common

Buy Transaction

102

4.3190 USD

Common

Buy Transaction

73,658

4.3200 USD

Common

Buy Transaction

1,000

4.3201 USD

Common

Buy Transaction

333

4.3223 USD

Common

Buy Transaction

651

4.3242 USD

Common

Buy Transaction

255

4.3263 USD

Common

Buy Transaction

1,093

4.3265 USD

Common

Buy Transaction

1,957

4.3273 USD

Common

Buy Transaction

7,692

4.3300 USD

Common

Buy Transaction

3,712

4.3315 USD

Common

Buy Transaction

2,199

4.3322 USD

Common

Buy Transaction

110

4.3323 USD

Common

Buy Transaction

800

4.3325 USD

Common

Buy Transaction

1,300

4.3331 USD

Common

Buy Transaction

927

4.3331 USD

Common

Buy Transaction

1,462

4.3337 USD

Common

Buy Transaction

17

4.3353 USD

Common

Buy Transaction

1,210

4.3356 USD

Common

Buy Transaction

300

4.3367 USD

Common

Buy Transaction

1,209

4.3375 USD

Common

Buy Transaction

1,900

4.3384 USD

Common

Buy Transaction

8,392

4.3393 USD

Common

Buy Transaction

59

4.3393 USD

Common

Buy Transaction

1,787

4.3400 USD

Common

Buy Transaction

805

4.3402 USD

Common

Buy Transaction

1,400

4.3407 USD

Common

Buy Transaction

13,261

4.3408 USD

Common

Buy Transaction

1,200

4.3408 USD

Common

Buy Transaction

1,850

4.3409 USD

Common

Buy Transaction

1,253

4.3444 USD

Common

Buy Transaction

7,110

4.3450 USD

Common

Buy Transaction

15,488

4.3466 USD

Common

Buy Transaction

1,413

4.3475 USD

Common

Buy Transaction

1,292

4.3482 USD

Common

Buy Transaction

1,590

4.3500 USD

Common

Buy Transaction

800

4.3513 USD

Common

Buy Transaction

43,309

4.3519 USD

Common

Buy Transaction

1,800

4.3522 USD

Common

Buy Transaction

3,200

4.3547 USD

Common

Buy Transaction

375

4.3548 USD

Common

Buy Transaction

400

4.3550 USD

Common

Buy Transaction

936

4.3600 USD

Common

Buy Transaction

10,446

4.3700 USD

Common

DVP Transaction

422

4.1100 USD

Common

DVP Transaction

686

4.2400 USD

Common

DVP Transaction

40

4.2600 USD

Common

DVP Transaction

6

4.2700 USD

Common

DVP Transaction

193

4.3050 USD

Common

DVP Transaction

52,920

4.3200 USD

Common

DVP Transaction

1,015

4.3227 USD

Common

DVP Transaction

7,315

4.3450 USD

Common

DVP Transaction

32,453

4.3608 USD

Common

RVP Transaction

422

4.1100 USD

Common

RVP Transaction

686

4.2400 USD

Common

RVP Transaction

40

4.2600 USD

Common

RVP Transaction

6

4.2700 USD

Common

RVP Transaction

193

4.3050 USD

Common

RVP Transaction

150

4.3181 USD

Common

RVP Transaction

52,923

4.3200 USD

Common

RVP Transaction

160

4.3248 USD

Common

RVP Transaction

710

4.3287 USD

Common

RVP Transaction

7,315

4.3450 USD

Common

RVP Transaction

33

4.3452 USD

Common

RVP Transaction

100

4.3500 USD

Common

RVP Transaction

7,575

4.3558 USD

Common

RVP Transaction

6,440

4.3565 USD

Common

RVP Transaction

2,700

4.3585 USD

Common

RVP Transaction

2,439

4.3613 USD

Common

RVP Transaction

57

4.3626 USD

Common

RVP Transaction

3,646

4.3629 USD

Common

RVP Transaction

439

4.3642 USD

Common

RVP Transaction

475

4.3643 USD

Common

RVP Transaction

800

4.3650 USD

Common

RVP Transaction

1,275

4.3657 USD

Common

RVP Transaction

3,066

4.3657 USD

Common

RVP Transaction

3,400

4.3700 USD

Common

Sell Transaction

100

4.2500 USD

Common

Sell Transaction

400

4.2800 USD

Common

Sell Transaction

255

4.2843 USD

Common

Sell Transaction

1,310

4.2900 USD

Common

Sell Transaction

627

4.2909 USD

Common

Sell Transaction

1,208

4.2936 USD

Common

Sell Transaction

1,146

4.2948 USD

Common

Sell Transaction

673

4.2980 USD

Common

Sell Transaction

1,027

4.2987 USD

Common

Sell Transaction

840

4.2993 USD

Common

Sell Transaction

4,131

4.2997 USD

Common

Sell Transaction

2,594

4.2999 USD

Common

Sell Transaction

905

4.3000 USD

Common

Sell Transaction

147

4.3016 USD

Common

Sell Transaction

916

4.3021 USD

Common

Sell Transaction

34

4.3028 USD

Common

Sell Transaction

600

4.3033 USD

Common

Sell Transaction

4,312

4.3039 USD

Common

Sell Transaction

918

4.3052 USD

Common

Sell Transaction

107

4.3052 USD

Common

Sell Transaction

1,296

4.3054 USD

Common

Sell Transaction

211

4.3055 USD

Common

Sell Transaction

4,500

4.3060 USD

Common

Sell Transaction

240

4.3064 USD

Common

Sell Transaction

247

4.3066 USD

Common

Sell Transaction

445

4.3080 USD

Common

Sell Transaction

360

4.3083 USD

Common

Sell Transaction

180

4.3087 USD

Common

Sell Transaction

233

4.3089 USD

Common

Sell Transaction

601

4.3090 USD

Common

Sell Transaction

644

4.3091 USD

Common

Sell Transaction

3,417

4.3100 USD

Common

Sell Transaction

5,863

4.3101 USD

Common

Sell Transaction

1,413

4.3106 USD

Common

Sell Transaction

26,417

4.3120 USD

Common

Sell Transaction

1,718

4.3123 USD

Common

Sell Transaction

1,213

4.3125 USD

Common

Sell Transaction

191

4.3127 USD

Common

Sell Transaction

19,801

4.3128 USD

Common

Sell Transaction

1,746

4.3134 USD

Common

Sell Transaction

3,005

4.3137 USD

Common

Sell Transaction

800

4.3137 USD

Common

Sell Transaction

1,200

4.3142 USD

Common

Sell Transaction

1,654

4.3142 USD

Common

Sell Transaction

185

4.3142 USD

Common

Sell Transaction

6,641

4.3143 USD

Common

Sell Transaction

8,489

4.3145 USD

Common

Sell Transaction

4,800

4.3150 USD

Common

Sell Transaction

1,026

4.3161 USD

Common

Sell Transaction

595

4.3165 USD

Common

Sell Transaction

200

4.3170 USD

Common

Sell Transaction

69

4.3188 USD

Common

Sell Transaction

2,367

4.3190 USD

Common

Sell Transaction

159

4.3191 USD

Common

Sell Transaction

94

4.3195 USD

Common

Sell Transaction

239

4.3200 USD

Common

Sell Transaction

83,729

4.3200 USD

Common

Sell Transaction

78

4.3201 USD

Common

Sell Transaction

143

4.3220 USD

Common

Sell Transaction

1,300

4.3235 USD

Common

Sell Transaction

727

4.3235 USD

Common

Sell Transaction

500

4.3260 USD

Common

Sell Transaction

462

4.3269 USD

Common

Sell Transaction

5,062

4.3271 USD

Common

Sell Transaction

400

4.3275 USD

Common

Sell Transaction

1,028

4.3275 USD

Common

Sell Transaction

81

4.3277 USD

Common

Sell Transaction

1,100

4.3277 USD

Common

Sell Transaction

1,000

4.3299 USD

Common

Sell Transaction

10,105

4.3300 USD

Common

Sell Transaction

5,655

4.3330 USD

Common

Sell Transaction

60

4.3333 USD

Common

Sell Transaction

401

4.3349 USD

Common

Sell Transaction

1,676

4.3350 USD

Common

Sell Transaction

55,086

4.3353 USD

Common

Sell Transaction

796

4.3356 USD

Common

Sell Transaction

500

4.3360 USD

Common

Sell Transaction

656

4.3368 USD

Common

Sell Transaction

700

4.3386 USD

Common

Sell Transaction

4,339

4.3388 USD

Common

Sell Transaction

1,019

4.3388 USD

Common

Sell Transaction

2,001

4.3390 USD

Common

Sell Transaction

13,200

4.3398 USD

Common

Sell Transaction

3,107

4.3400 USD

Common

Sell Transaction

69

4.3417 USD

Common

Sell Transaction

570

4.3426 USD

Common

Sell Transaction

700

4.3429 USD

Common

Sell Transaction

1,291

4.3439 USD

Common

Sell Transaction

500

4.3440 USD

Common

Sell Transaction

8,487

4.3450 USD

Common

Sell Transaction

135

4.3450 USD

Common

Sell Transaction

42

4.3452 USD

Common

Sell Transaction

33

4.3467 USD

Common

Sell Transaction

534

4.3470 USD

Common

Sell Transaction

828

4.3500 USD

Common

Sell Transaction

108

4.3515 USD

Common

Sell Transaction

1,193

4.3522 USD

Common

Sell Transaction

400

4.3525 USD

Common

Sell Transaction

362

4.3529 USD

Common

Sell Transaction

531

4.3568 USD

Common

Sell Transaction

6,086

4.3574 USD

Common

Sell Transaction

2,200

4.3582 USD

Common

Sell Transaction

110

4.3586 USD

Common

Sell Transaction

2,923

4.3587 USD

Common

Sell Transaction

900

4.3600 USD

Common

Sell Transaction

101

4.3692 USD

Common

Sell Transaction

536

4.3700 USD

Common

Sell Transaction

8,042

4.3768 USD

Common

Sell Transaction

496

4.3790 USD

Common

Sell Transaction

156

4.3800 USD

Common

Sell Transaction

200

4.3900 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

11,678

4.3088 USD

Common

CFD

Reducing long position

30

4.3100 USD

Common

CFD

Reducing long position

25,461

4.3200 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

Put Option

Buy Transaction

8

6.0000 USD

American

2025-Jul-18

1.7900 USD

Common

Call Option

DVP Transaction

20

5.0000 USD

American

2025-Jun-20

0.0600 USD

Common

Call Option

DVP Transaction

20

5.0000 USD

American

2025-Oct-17

0.4100 USD

Common

Put Option

DVP Transaction

3

6.0000 USD

American

2025-Jul-18

1.7100 USD

Common

Put Option

DVP Transaction

8

6.0000 USD

American

2025-Jul-18

1.7900 USD

Common

Call Option

RVP Transaction

20

5.0000 USD

American

2025-Jun-20

0.0600 USD

Common

Call Option

RVP Transaction

20

5.0000 USD

American

2025-Oct-17

0.4100 USD

Common

Put Option

RVP Transaction

3

6.0000 USD

American

2025-Jul-18

1.7100 USD

Common

Put Option

RVP Transaction

8

6.0000 USD

American

2025-Jul-18

1.7900 USD

Common

Put Option

Sell Transaction

3

6.0000 USD

American

2025-Jul-18

1.7100 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:

17 June 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

1,000

3.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Purchased

300

2.0 USD

 

American

 

17/10/2025

 

Common

Put Option

Purchased

-6,300

5.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

2,600

10.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Purchased

-8,500

5.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

2,000

7.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

200

6.0 USD

 

American

 

17/10/2025

 

Common

Put Option

Purchased

-1,600

4.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

900

6.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-13,000

3.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

14,000

4.0 USD

 

American

 

17/10/2025

 

Common

Put Option

Purchased

-6,000

4.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Purchased

255,900

6.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Purchased

-900

5.0 USD

 

American

 

17/07/2026

 

Common

Put Option

Purchased

-700

7.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Purchased

-8,100

4.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-200

6.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

600,000

6.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Purchased

-7,200

3.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Purchased

9,200

5.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Purchased

-500

6.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Purchased

-300

5.0 USD

 

American

 

17/10/2025

 

Common

Call Option

Purchased

300

15.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

200

8.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

700

10.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Purchased

-100

7.0 USD

 

American

 

17/10/2025

 

Common

Put Option

Sold

100

3.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Sold

-200

3.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Sold

-29,400

8.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Sold

3,100

3.0 USD

 

American

 

17/10/2025

 

Common

Call Option

Sold

-2,400

10.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-500

4.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-96,400

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

-643,700

5.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-800

12.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-36,000

5.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-300

4.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Sold

-200

7.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-3,500

5.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Sold

-1,400

3.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-100

2.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-9,700

4.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-117,900

7.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-2,000

3.0 USD

 

American

 

17/10/2025

 

Common

Call Option

Sold

-2,500

4.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-300

3.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-300

6.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Sold

98,900

8.0 USD

 

American

 

20/06/2025

 

 

3. AGREEMENTS TO PURCHASE OR SELL ETC.

 

Full details should be given so that the nature of the interest or position can be fully understood:

 

 

 

 

 

 

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.

 

The currency of all prices and other monetary amounts should be stated.

 

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

 

 

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