20th 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 | 19 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: | 1,190,086 | 1.00 | 19,246 | 0.01 |
(2) Cash-settled derivatives:
| 802,019 | 0.67 | 0 | 0.00 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 1,970,800 | 1.66 | 947,300 | 0.79 |
TOTAL: | 3,962,905 | 3.33 | 966,546 | 0.81 |
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 | 870 | 4.3340 USD |
Common | Buy Transaction | 6,000 | 4.3387 USD |
Common | Buy Transaction | 200 | 4.3450 USD |
Common | Buy Transaction | 620 | 4.3500 USD |
Common | Buy Transaction | 200 | 4.3550 USD |
Common | Buy Transaction | 300 | 4.3567 USD |
Common | Buy Transaction | 307 | 4.3600 USD |
Common | Buy Transaction | 4,900 | 4.3632 USD |
Common | Buy Transaction | 1,014 | 4.3695 USD |
Common | Buy Transaction | 1,822 | 4.3700 USD |
Common | Buy Transaction | 400 | 4.3712 USD |
Common | Buy Transaction | 700 | 4.3721 USD |
Common | Buy Transaction | 39,884 | 4.3745 USD |
Common | Buy Transaction | 100 | 4.3750 USD |
Common | Buy Transaction | 1,244 | 4.3756 USD |
Common | Buy Transaction | 1,100 | 4.3786 USD |
Common | Buy Transaction | 1,300 | 4.3790 USD |
Common | Buy Transaction | 3,200 | 4.3800 USD |
Common | Buy Transaction | 559 | 4.4050 USD |
Common | Buy Transaction | 1,858 | 4.4093 USD |
Common | Buy Transaction | 299 | 4.4100 USD |
Common | Buy Transaction | 300 | 4.4233 USD |
Common | Buy Transaction | 142 | 4.4300 USD |
Common | Buy Transaction | 8,091 | 4.4338 USD |
Common | Buy Transaction | 1,100 | 4.4373 USD |
Common | Buy Transaction | 157 | 4.4400 USD |
Common | Buy Transaction | 150 | 4.4500 USD |
Common | Buy Transaction | 1 | 4.4508 USD |
Common | Buy Transaction | 500 | 4.4660 USD |
Common | Buy Transaction | 70 | 4.4671 USD |
Common | Buy Transaction | 1,514 | 4.4684 USD |
Common | Buy Transaction | 341 | 4.4688 USD |
Common | Buy Transaction | 550 | 4.4782 USD |
Common | Buy Transaction | 1,529 | 4.4795 USD |
Common | Buy Transaction | 2,676 | 4.4800 USD |
Common | Buy Transaction | 1,156 | 4.4807 USD |
Common | Buy Transaction | 5,899 | 4.4913 USD |
Common | Buy Transaction | 636 | 4.4923 USD |
Common | Buy Transaction | 500 | 4.4940 USD |
Common | Buy Transaction | 1 | 4.4992 USD |
Common | Buy Transaction | 2,875 | 4.5000 USD |
Common | Buy Transaction | 42,484 | 4.5012 USD |
Common | Buy Transaction | 1,890 | 4.5018 USD |
Common | Buy Transaction | 310 | 4.5034 USD |
Common | Buy Transaction | 491 | 4.5064 USD |
Common | Buy Transaction | 342 | 4.5065 USD |
Common | Buy Transaction | 300 | 4.5100 USD |
Common | Buy Transaction | 570 | 4.5150 USD |
Common | Buy Transaction | 20,242 | 4.5154 USD |
Common | Buy Transaction | 1,000 | 4.5160 USD |
Common | Buy Transaction | 16 | 4.5169 USD |
Common | Buy Transaction | 100 | 4.5200 USD |
Common | Buy Transaction | 279 | 4.5221 USD |
Common | Buy Transaction | 507 | 4.5221 USD |
Common | Buy Transaction | 360 | 4.5232 USD |
Common | Buy Transaction | 134 | 4.5246 USD |
Common | Buy Transaction | 3,200 | 4.5275 USD |
Common | Buy Transaction | 135,556 | 4.5300 USD |
Common | Buy Transaction | 4,659 | 4.5301 USD |
Common | Buy Transaction | 606 | 4.5302 USD |
Common | Buy Transaction | 230 | 4.5309 USD |
Common | Buy Transaction | 710 | 4.5315 USD |
Common | Buy Transaction | 2,400 | 4.5325 USD |
Common | Buy Transaction | 70 | 4.5330 USD |
Common | Buy Transaction | 1,800 | 4.5333 USD |
Common | Buy Transaction | 142 | 4.5346 USD |
Common | Buy Transaction | 1,000 | 4.5370 USD |
Common | Buy Transaction | 90 | 4.5371 USD |
Common | Buy Transaction | 400 | 4.5375 USD |
Common | Buy Transaction | 514 | 4.5379 USD |
Common | Buy Transaction | 1,623 | 4.5400 USD |
Common | Buy Transaction | 933 | 4.5411 USD |
Common | Buy Transaction | 6,078 | 4.5438 USD |
Common | Buy Transaction | 200 | 4.5450 USD |
Common | Buy Transaction | 13,405 | 4.5454 USD |
Common | Buy Transaction | 76 | 4.5461 USD |
Common | Buy Transaction | 30 | 4.5463 USD |
Common | Buy Transaction | 1,470 | 4.5483 USD |
Common | Buy Transaction | 21,416 | 4.5487 USD |
Common | Buy Transaction | 1,375 | 4.5500 USD |
Common | Buy Transaction | 2,020 | 4.5523 USD |
Common | Buy Transaction | 600 | 4.5567 USD |
Common | DVP Transaction | 732 | 4.3800 USD |
Common | DVP Transaction | 103 | 4.4480 USD |
Common | DVP Transaction | 72 | 4.4850 USD |
Common | DVP Transaction | 96 | 4.5000 USD |
Common | DVP Transaction | 1 | 4.5100 USD |
Common | DVP Transaction | 1,222 | 4.5150 USD |
Common | DVP Transaction | 778 | 4.5150 USD |
Common | DVP Transaction | 189 | 4.5150 USD |
Common | DVP Transaction | 15 | 4.5153 USD |
Common | DVP Transaction | 190 | 4.5203 USD |
Common | DVP Transaction | 471 | 4.5243 USD |
Common | DVP Transaction | 199 | 4.5250 USD |
Common | DVP Transaction | 207 | 4.5257 USD |
Common | DVP Transaction | 161,334 | 4.5285 USD |
Common | DVP Transaction | 122,971 | 4.5300 USD |
Common | DVP Transaction | 253 | 4.5320 USD |
Common | DVP Transaction | 456 | 4.5334 USD |
Common | DVP Transaction | 101 | 4.5350 USD |
Common | DVP Transaction | 42 | 4.5352 USD |
Common | DVP Transaction | 15 | 4.5353 USD |
Common | DVP Transaction | 295 | 4.5385 USD |
Common | DVP Transaction | 1,852 | 4.5450 USD |
Common | DVP Transaction | 401 | 4.5450 USD |
Common | DVP Transaction | 100 | 4.5550 USD |
Common | DVP Transaction | 96 | 4.5600 USD |
Common | RVP Transaction | 735 | 4.3800 USD |
Common | RVP Transaction | 108 | 4.3900 USD |
Common | RVP Transaction | 100 | 4.4500 USD |
Common | RVP Transaction | 600 | 4.4700 USD |
Common | RVP Transaction | 700 | 4.4979 USD |
Common | RVP Transaction | 16,902 | 4.5040 USD |
Common | RVP Transaction | 7,327 | 4.5096 USD |
Common | RVP Transaction | 962 | 4.5131 USD |
Common | RVP Transaction | 500 | 4.5150 USD |
Common | RVP Transaction | 889 | 4.5150 USD |
Common | RVP Transaction | 389 | 4.5150 USD |
Common | RVP Transaction | 222 | 4.5150 USD |
Common | RVP Transaction | 17,887 | 4.5168 USD |
Common | RVP Transaction | 600 | 4.5208 USD |
Common | RVP Transaction | 6,971 | 4.5279 USD |
Common | RVP Transaction | 16,337 | 4.5281 USD |
Common | RVP Transaction | 2,102 | 4.5281 USD |
Common | RVP Transaction | 5,464 | 4.5300 USD |
Common | RVP Transaction | 125,602 | 4.5300 USD |
Common | RVP Transaction | 3,298 | 4.5308 USD |
Common | RVP Transaction | 2,777 | 4.5314 USD |
Common | RVP Transaction | 14,120 | 4.5322 USD |
Common | RVP Transaction | 3,021 | 4.5335 USD |
Common | RVP Transaction | 2,602 | 4.5346 USD |
Common | RVP Transaction | 101 | 4.5350 USD |
Common | RVP Transaction | 4,913 | 4.5353 USD |
Common | RVP Transaction | 3,320 | 4.5354 USD |
Common | RVP Transaction | 5,188 | 4.5371 USD |
Common | RVP Transaction | 500 | 4.5390 USD |
Common | RVP Transaction | 5,815 | 4.5394 USD |
Common | RVP Transaction | 1,894 | 4.5396 USD |
Common | RVP Transaction | 631 | 4.5400 USD |
Common | RVP Transaction | 1,953 | 4.5402 USD |
Common | RVP Transaction | 3,300 | 4.5411 USD |
Common | RVP Transaction | 2,509 | 4.5432 USD |
Common | RVP Transaction | 25,212 | 4.5433 USD |
Common | RVP Transaction | 4,426 | 4.5446 USD |
Common | RVP Transaction | 1,752 | 4.5450 USD |
Common | RVP Transaction | 11 | 4.5491 USD |
Common | RVP Transaction | 125 | 4.5494 USD |
Common | RVP Transaction | 24 | 4.5500 USD |
Common | RVP Transaction | 302 | 4.5549 USD |
Common | Sell Transaction | 2,100 | 4.3357 USD |
Common | Sell Transaction | 1,811 | 4.3366 USD |
Common | Sell Transaction | 10 | 4.3400 USD |
Common | Sell Transaction | 1,000 | 4.3420 USD |
Common | Sell Transaction | 500 | 4.3450 USD |
Common | Sell Transaction | 589 | 4.3450 USD |
Common | Sell Transaction | 182 | 4.3500 USD |
Common | Sell Transaction | 2,000 | 4.3550 USD |
Common | Sell Transaction | 4,526 | 4.3600 USD |
Common | Sell Transaction | 3,600 | 4.3699 USD |
Common | Sell Transaction | 494 | 4.3700 USD |
Common | Sell Transaction | 1,010 | 4.3714 USD |
Common | Sell Transaction | 848 | 4.3740 USD |
Common | Sell Transaction | 39,884 | 4.3745 USD |
Common | Sell Transaction | 7,280 | 4.3785 USD |
Common | Sell Transaction | 220 | 4.3800 USD |
Common | Sell Transaction | 809 | 4.3900 USD |
Common | Sell Transaction | 127 | 4.3928 USD |
Common | Sell Transaction | 300 | 4.3933 USD |
Common | Sell Transaction | 200 | 4.3950 USD |
Common | Sell Transaction | 131 | 4.4163 USD |
Common | Sell Transaction | 611 | 4.4165 USD |
Common | Sell Transaction | 900 | 4.4189 USD |
Common | Sell Transaction | 281 | 4.4211 USD |
Common | Sell Transaction | 742 | 4.4237 USD |
Common | Sell Transaction | 20 | 4.4300 USD |
Common | Sell Transaction | 1,916 | 4.4335 USD |
Common | Sell Transaction | 1,420 | 4.4357 USD |
Common | Sell Transaction | 986 | 4.4377 USD |
Common | Sell Transaction | 200 | 4.4400 USD |
Common | Sell Transaction | 1,166 | 4.4423 USD |
Common | Sell Transaction | 745 | 4.4423 USD |
Common | Sell Transaction | 600 | 4.4550 USD |
Common | Sell Transaction | 1,832 | 4.4607 USD |
Common | Sell Transaction | 400 | 4.4650 USD |
Common | Sell Transaction | 900 | 4.4711 USD |
Common | Sell Transaction | 2,096 | 4.4714 USD |
Common | Sell Transaction | 661 | 4.4792 USD |
Common | Sell Transaction | 700 | 4.4800 USD |
Common | Sell Transaction | 4,013 | 4.4856 USD |
Common | Sell Transaction | 1,165 | 4.4865 USD |
Common | Sell Transaction | 1,000 | 4.4870 USD |
Common | Sell Transaction | 812 | 4.4884 USD |
Common | Sell Transaction | 6,954 | 4.4900 USD |
Common | Sell Transaction | 216 | 4.4900 USD |
Common | Sell Transaction | 2 | 4.4921 USD |
Common | Sell Transaction | 800 | 4.4925 USD |
Common | Sell Transaction | 1,152 | 4.4935 USD |
Common | Sell Transaction | 152 | 4.4950 USD |
Common | Sell Transaction | 1,131 | 4.4979 USD |
Common | Sell Transaction | 5,552 | 4.4982 USD |
Common | Sell Transaction | 1,700 | 4.4982 USD |
Common | Sell Transaction | 600 | 4.4983 USD |
Common | Sell Transaction | 1,185 | 4.5000 USD |
Common | Sell Transaction | 1,400 | 4.5014 USD |
Common | Sell Transaction | 182 | 4.5015 USD |
Common | Sell Transaction | 300 | 4.5033 USD |
Common | Sell Transaction | 47,067 | 4.5046 USD |
Common | Sell Transaction | 1,489 | 4.5060 USD |
Common | Sell Transaction | 1,907 | 4.5093 USD |
Common | Sell Transaction | 289 | 4.5100 USD |
Common | Sell Transaction | 3,492 | 4.5179 USD |
Common | Sell Transaction | 1,651 | 4.5188 USD |
Common | Sell Transaction | 462 | 4.5191 USD |
Common | Sell Transaction | 2,500 | 4.5200 USD |
Common | Sell Transaction | 1,313 | 4.5227 USD |
Common | Sell Transaction | 33,647 | 4.5274 USD |
Common | Sell Transaction | 55 | 4.5291 USD |
Common | Sell Transaction | 164 | 4.5292 USD |
Common | Sell Transaction | 28,017 | 4.5293 USD |
Common | Sell Transaction | 136,081 | 4.5300 USD |
Common | Sell Transaction | 355 | 4.5315 USD |
Common | Sell Transaction | 10,761 | 4.5323 USD |
Common | Sell Transaction | 1,898 | 4.5327 USD |
Common | Sell Transaction | 1,148 | 4.5327 USD |
Common | Sell Transaction | 2,795 | 4.5336 USD |
Common | Sell Transaction | 755 | 4.5340 USD |
Common | Sell Transaction | 1,115 | 4.5350 USD |
Common | Sell Transaction | 26 | 4.5358 USD |
Common | Sell Transaction | 330 | 4.5360 USD |
Common | Sell Transaction | 11,369 | 4.5375 USD |
Common | Sell Transaction | 1,280 | 4.5376 USD |
Common | Sell Transaction | 512 | 4.5376 USD |
Common | Sell Transaction | 34,542 | 4.5378 USD |
Common | Sell Transaction | 800 | 4.5381 USD |
Common | Sell Transaction | 39,001 | 4.5383 USD |
Common | Sell Transaction | 311 | 4.5395 USD |
Common | Sell Transaction | 90 | 4.5398 USD |
Common | Sell Transaction | 9,786 | 4.5400 USD |
Common | Sell Transaction | 11,847 | 4.5412 USD |
Common | Sell Transaction | 527 | 4.5415 USD |
Common | Sell Transaction | 546 | 4.5418 USD |
Common | Sell Transaction | 112 | 4.5423 USD |
Common | Sell Transaction | 3,186 | 4.5432 USD |
Common | Sell Transaction | 1,429 | 4.5436 USD |
Common | Sell Transaction | 10,600 | 4.5438 USD |
Common | Sell Transaction | 525 | 4.5441 USD |
Common | Sell Transaction | 2,782 | 4.5443 USD |
Common | Sell Transaction | 900 | 4.5450 USD |
Common | Sell Transaction | 65 | 4.5451 USD |
Common | Sell Transaction | 49 | 4.5451 USD |
Common | Sell Transaction | 211 | 4.5453 USD |
Common | Sell Transaction | 15 | 4.5453 USD |
Common | Sell Transaction | 8,196 | 4.5455 USD |
Common | Sell Transaction | 546 | 4.5456 USD |
Common | Sell Transaction | 957 | 4.5464 USD |
Common | Sell Transaction | 400 | 4.5475 USD |
Common | Sell Transaction | 900 | 4.5478 USD |
Common | Sell Transaction | 543 | 4.5500 USD |
Common | Sell Transaction | 140 | 4.5502 USD |
Common | Sell Transaction | 3,225 | 4.5504 USD |
Common | Sell Transaction | 3,407 | 4.5544 USD |
Common | Sell Transaction | 225 | 4.5550 USD |
Common | Sell Transaction | 111 | 4.5559 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 | Increasing long position | 700 | 4.3886 USD |
Common | CFD | Increasing long position | 3,300 | 4.4436 USD |
Common | CFD | Increasing long position | 500 | 4.4550 USD |
Common | CFD | Increasing long position | 24,657 | 4.5309 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 | DVP Transaction | 25 | 5.0000 USD | American | 2025-Jun-20 | 0.1460 USD |
Common | Call Option | DVP Transaction | 20 | 5.0000 USD | American | 2026-Jan-16 | 0.8000 USD |
Common | Call Option | RVP Transaction | 5 | 5.0000 USD | American | 2025-Jun-20 | 0.1300 USD |
Common | Call Option | RVP Transaction | 20 | 5.0000 USD | American | 2025-Jun-20 | 0.1500 USD |
Common | Call Option | RVP Transaction | 20 | 5.0000 USD | American | 2026-Jan-16 | 0.8000 USD |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
Common | Put Option | Exercised against | 10 | 8.0000 USD
|
(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: | 20 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 | Put Option | Purchased | -8,500 | 5.0 USD
| American
| 16/01/2026
|
Common | Put Option | Purchased | -8,000 | 4.0 USD
| American
| 20/06/2025
|
Common | Put Option | Purchased | -900 | 5.0 USD
| American
| 17/07/2026
|
Common | Call Option | Purchased | 1,000 | 3.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 1,000,000 | 5.0 USD
| American
| 20/06/2025
|
Common | Put Option | Purchased | -300 | 5.0 USD
| American
| 17/10/2025
|
Common | Call Option | Purchased | 800 | 6.0 USD
| American
| 17/10/2025
|
Common | Call Option | Purchased | 1,000 | 6.0 USD
| American
| 20/06/2025
|
Common | Call Option | Purchased | 700 | 10.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 300 | 2.0 USD
| American
| 17/10/2025
|
Common | Put Option | Purchased | -13,000 | 3.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 2,000 | 7.0 USD
| American
| 20/06/2025
|
Common | Put Option | Purchased | -400 | 5.0 USD
| American
| 20/06/2025
|
Common | Put Option | Purchased | -700 | 7.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 245,600 | 6.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 2,600 | 10.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 9,200 | 5.0 USD
| American
| 16/01/2026
|
Common | Put Option | Purchased | -6,000 | 4.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 300 | 15.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 7,900 | 4.0 USD
| American
| 17/10/2025
|
Common | Call Option | Purchased | 300 | 8.0 USD
| American
| 20/06/2025
|
Common | Put Option | Purchased | -1,400 | 4.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 600,000 | 6.0 USD
| American
| 18/07/2025
|
Common | Put Option | Sold | 100 | 3.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -2,300 | 4.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -118,100 | 7.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -605,100 | 5.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -29,400 | 8.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -1,300 | 5.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -500 | 4.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -100 | 2.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -8,300 | 4.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -95,200 | 5.0 USD
| American
| 17/10/2025
|
Common | Call Option | Sold | -3,400 | 10.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -200 | 3.0 USD
| American
| 20/06/2025
|
Common | Put Option | Sold | 100 | 5.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -36,100 | 5.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -2,000 | 3.0 USD
| American
| 17/10/2025
|
Common | Call Option | Sold | -200 | 7.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -800 | 6.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -1,400 | 3.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -800 | 12.0 USD
| American
| 16/01/2026
|
Common | Put Option | Sold | 98,900 | 8.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -400 | 3.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -2,500 | 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