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Form 8.3 - American Axle & Manufacturing Holdings

7th Apr 2025 15:00

RNS Number : 9186D
Citadel Group
07 April 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

4 April 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:

835,433

0.70

243,272

0.20

(2) Cash-settled derivatives:

 

105,675

0.08

0

0.00

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

2,197,200

1.85

591,300

0.49

 

TOTAL:

3,138,308

2.65

834,572

0.70

 

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

181

3.1700 USD

Common

Buy Transaction

9

3.1900 USD

Common

Buy Transaction

524

3.1906 USD

Common

Buy Transaction

700

3.1957 USD

Common

Buy Transaction

200

3.2000 USD

Common

Buy Transaction

32

3.2006 USD

Common

Buy Transaction

2,366

3.2128 USD

Common

Buy Transaction

500

3.2150 USD

Common

Buy Transaction

151

3.2200 USD

Common

Buy Transaction

1,562

3.2247 USD

Common

Buy Transaction

1,800

3.2278 USD

Common

Buy Transaction

101

3.2300 USD

Common

Buy Transaction

2,112

3.2348 USD

Common

Buy Transaction

3,224

3.2385 USD

Common

Buy Transaction

1,660

3.2395 USD

Common

Buy Transaction

1,385

3.2399 USD

Common

Buy Transaction

781

3.2409 USD

Common

Buy Transaction

10,600

3.2419 USD

Common

Buy Transaction

10,618

3.2450 USD

Common

Buy Transaction

600

3.2450 USD

Common

Buy Transaction

926

3.2467 USD

Common

Buy Transaction

4,620

3.2469 USD

Common

Buy Transaction

310

3.2484 USD

Common

Buy Transaction

5,320

3.2500 USD

Common

Buy Transaction

2,010

3.2510 USD

Common

Buy Transaction

524

3.2515 USD

Common

Buy Transaction

48

3.2517 USD

Common

Buy Transaction

1,200

3.2525 USD

Common

Buy Transaction

462

3.2548 USD

Common

Buy Transaction

297

3.2570 USD

Common

Buy Transaction

3,257

3.2575 USD

Common

Buy Transaction

500

3.2580 USD

Common

Buy Transaction

465

3.2600 USD

Common

Buy Transaction

999

3.2609 USD

Common

Buy Transaction

485

3.2610 USD

Common

Buy Transaction

1,716

3.2616 USD

Common

Buy Transaction

1,014

3.2627 USD

Common

Buy Transaction

5,490

3.2629 USD

Common

Buy Transaction

2,022

3.2649 USD

Common

Buy Transaction

682

3.2650 USD

Common

Buy Transaction

1,400

3.2664 USD

Common

Buy Transaction

900

3.2667 USD

Common

Buy Transaction

73

3.2670 USD

Common

Buy Transaction

1,353

3.2674 USD

Common

Buy Transaction

15,607

3.2678 USD

Common

Buy Transaction

2,000

3.2700 USD

Common

Buy Transaction

500

3.2720 USD

Common

Buy Transaction

12,116

3.2722 USD

Common

Buy Transaction

1,851

3.2734 USD

Common

Buy Transaction

1,705

3.2734 USD

Common

Buy Transaction

1,236

3.2793 USD

Common

Buy Transaction

900

3.2800 USD

Common

Buy Transaction

60

3.2807 USD

Common

Buy Transaction

1,929

3.2812 USD

Common

Buy Transaction

1,000

3.2820 USD

Common

Buy Transaction

1,546

3.2821 USD

Common

Buy Transaction

2,714

3.2823 USD

Common

Buy Transaction

355

3.2823 USD

Common

Buy Transaction

2,565

3.2833 USD

Common

Buy Transaction

300

3.2833 USD

Common

Buy Transaction

609

3.2837 USD

Common

Buy Transaction

363

3.2850 USD

Common

Buy Transaction

341

3.2850 USD

Common

Buy Transaction

654

3.2853 USD

Common

Buy Transaction

769

3.2866 USD

Common

Buy Transaction

352

3.2866 USD

Common

Buy Transaction

86

3.2876 USD

Common

Buy Transaction

650

3.2881 USD

Common

Buy Transaction

2,106

3.2881 USD

Common

Buy Transaction

75,626

3.2884 USD

Common

Buy Transaction

2,100

3.2886 USD

Common

Buy Transaction

645

3.2900 USD

Common

Buy Transaction

2,682

3.2909 USD

Common

Buy Transaction

240

3.2917 USD

Common

Buy Transaction

12,332

3.2926 USD

Common

Buy Transaction

4,478

3.2934 USD

Common

Buy Transaction

3,098

3.2935 USD

Common

Buy Transaction

700

3.2943 USD

Common

Buy Transaction

3,108

3.2950 USD

Common

Buy Transaction

2,834

3.3000 USD

Common

Buy Transaction

1,521

3.3002 USD

Common

Buy Transaction

2,437

3.3022 USD

Common

Buy Transaction

706

3.3050 USD

Common

Buy Transaction

740

3.3065 USD

Common

Buy Transaction

449

3.3106 USD

Common

Buy Transaction

2,402

3.3116 USD

Common

Buy Transaction

118

3.3159 USD

Common

Buy Transaction

789

3.3194 USD

Common

Buy Transaction

861

3.3195 USD

Common

Buy Transaction

14

3.3200 USD

Common

Buy Transaction

28,742

3.3207 USD

Common

Buy Transaction

90

3.3209 USD

Common

Buy Transaction

32

3.3209 USD

Common

Buy Transaction

1,900

3.3224 USD

Common

Buy Transaction

1,412

3.3226 USD

Common

Buy Transaction

1,531

3.3227 USD

Common

Buy Transaction

100

3.3240 USD

Common

Buy Transaction

20

3.3300 USD

Common

Buy Transaction

754

3.3336 USD

Common

Buy Transaction

822

3.3339 USD

Common

Buy Transaction

1,464

3.3372 USD

Common

Buy Transaction

1,621

3.3374 USD

Common

Buy Transaction

100

3.3400 USD

Common

Buy Transaction

446

3.3426 USD

Common

Buy Transaction

9,300

3.3432 USD

Common

Buy Transaction

200

3.3475 USD

Common

Buy Transaction

3

3.3500 USD

Common

Buy Transaction

1,000

3.3510 USD

Common

Buy Transaction

6,260

3.3518 USD

Common

Buy Transaction

215

3.3527 USD

Common

Buy Transaction

300

3.3528 USD

Common

Buy Transaction

70

3.3550 USD

Common

Buy Transaction

5

3.3560 USD

Common

Buy Transaction

72

3.3590 USD

Common

Buy Transaction

53

3.3641 USD

Common

Buy Transaction

48

3.3650 USD

Common

Buy Transaction

579

3.3667 USD

Common

Buy Transaction

75

3.3709 USD

Common

Buy Transaction

205

3.3766 USD

Common

Buy Transaction

2,997

3.3900 USD

Common

Buy Transaction

2,940

3.3950 USD

Common

Buy Transaction

183

3.4000 USD

Common

Buy Transaction

21,531

3.4100 USD

Common

DVP Transaction

15

3.2000 USD

Common

DVP Transaction

100

3.2650 USD

Common

DVP Transaction

1,312

3.2650 USD

Common

DVP Transaction

6,091

3.2866 USD

Common

DVP Transaction

104

3.3000 USD

Common

DVP Transaction

703

3.3125 USD

Common

DVP Transaction

3,852

3.3450 USD

Common

DVP Transaction

200

3.3500 USD

Common

DVP Transaction

400

3.3600 USD

Common

DVP Transaction

24,809

3.3800 USD

Common

DVP Transaction

108,099

3.3817 USD

Common

DVP Transaction

565

3.4100 USD

Common

DVP Transaction

71

3.4545 USD

Common

RVP Transaction

200

3.2650 USD

Common

RVP Transaction

399

3.2650 USD

Common

RVP Transaction

498

3.2761 USD

Common

RVP Transaction

392

3.2780 USD

Common

RVP Transaction

977

3.2866 USD

Common

RVP Transaction

196

3.2943 USD

Common

RVP Transaction

99

3.2951 USD

Common

RVP Transaction

794

3.2982 USD

Common

RVP Transaction

428

3.2984 USD

Common

RVP Transaction

104

3.3000 USD

Common

RVP Transaction

400

3.3050 USD

Common

RVP Transaction

999

3.3070 USD

Common

RVP Transaction

800

3.3150 USD

Common

RVP Transaction

1,002

3.3204 USD

Common

RVP Transaction

295

3.3213 USD

Common

RVP Transaction

324

3.3222 USD

Common

RVP Transaction

200

3.3250 USD

Common

RVP Transaction

1,802

3.3292 USD

Common

RVP Transaction

717

3.3450 USD

Common

RVP Transaction

212

3.3464 USD

Common

RVP Transaction

100

3.3550 USD

Common

RVP Transaction

400

3.3600 USD

Common

RVP Transaction

13,119

3.3628 USD

Common

RVP Transaction

100

3.3650 USD

Common

RVP Transaction

837

3.3658 USD

Common

RVP Transaction

5,165

3.3687 USD

Common

RVP Transaction

12

3.3700 USD

Common

RVP Transaction

3,348

3.3709 USD

Common

RVP Transaction

20,219

3.3734 USD

Common

RVP Transaction

300

3.3750 USD

Common

RVP Transaction

772

3.3752 USD

Common

RVP Transaction

480

3.3769 USD

Common

RVP Transaction

731

3.3772 USD

Common

RVP Transaction

10,696

3.3780 USD

Common

RVP Transaction

1,384

3.3789 USD

Common

RVP Transaction

24,968

3.3800 USD

Common

RVP Transaction

6,758

3.3808 USD

Common

RVP Transaction

2,949

3.3844 USD

Common

RVP Transaction

1,402

3.3848 USD

Common

RVP Transaction

3,948

3.3863 USD

Common

RVP Transaction

500

3.3870 USD

Common

RVP Transaction

2,581

3.3878 USD

Common

RVP Transaction

9,446

3.3911 USD

Common

RVP Transaction

2,490

3.3915 USD

Common

RVP Transaction

20,779

3.3932 USD

Common

RVP Transaction

1,270

3.4004 USD

Common

RVP Transaction

20

3.4050 USD

Common

RVP Transaction

548

3.4100 USD

Common

RVP Transaction

100

3.4700 USD

Common

RVP Transaction

61

3.4880 USD

Common

Sell Transaction

171

3.1700 USD

Common

Sell Transaction

3

3.1900 USD

Common

Sell Transaction

250

3.2000 USD

Common

Sell Transaction

20

3.2140 USD

Common

Sell Transaction

454

3.2350 USD

Common

Sell Transaction

60

3.2367 USD

Common

Sell Transaction

10

3.2400 USD

Common

Sell Transaction

5,988

3.2422 USD

Common

Sell Transaction

270

3.2438 USD

Common

Sell Transaction

51

3.2496 USD

Common

Sell Transaction

3,553

3.2500 USD

Common

Sell Transaction

9,911

3.2559 USD

Common

Sell Transaction

6

3.2567 USD

Common

Sell Transaction

485

3.2610 USD

Common

Sell Transaction

235

3.2648 USD

Common

Sell Transaction

12

3.2667 USD

Common

Sell Transaction

57,099

3.2671 USD

Common

Sell Transaction

500

3.2686 USD

Common

Sell Transaction

44

3.2695 USD

Common

Sell Transaction

707

3.2750 USD

Common

Sell Transaction

1,832

3.2769 USD

Common

Sell Transaction

1,200

3.2783 USD

Common

Sell Transaction

50

3.2794 USD

Common

Sell Transaction

300

3.2800 USD

Common

Sell Transaction

1,000

3.2801 USD

Common

Sell Transaction

3,800

3.2834 USD

Common

Sell Transaction

1,391

3.2851 USD

Common

Sell Transaction

1,093

3.2881 USD

Common

Sell Transaction

328

3.2892 USD

Common

Sell Transaction

11,028

3.2896 USD

Common

Sell Transaction

315

3.2898 USD

Common

Sell Transaction

454

3.2900 USD

Common

Sell Transaction

1,239

3.2909 USD

Common

Sell Transaction

5

3.2940 USD

Common

Sell Transaction

300

3.2950 USD

Common

Sell Transaction

309

3.2956 USD

Common

Sell Transaction

743

3.2969 USD

Common

Sell Transaction

2,644

3.2991 USD

Common

Sell Transaction

300

3.3000 USD

Common

Sell Transaction

671

3.3011 USD

Common

Sell Transaction

751

3.3021 USD

Common

Sell Transaction

40,033

3.3024 USD

Common

Sell Transaction

3

3.3026 USD

Common

Sell Transaction

652

3.3031 USD

Common

Sell Transaction

207

3.3072 USD

Common

Sell Transaction

29,082

3.3078 USD

Common

Sell Transaction

1,700

3.3079 USD

Common

Sell Transaction

5

3.3080 USD

Common

Sell Transaction

687

3.3084 USD

Common

Sell Transaction

758

3.3096 USD

Common

Sell Transaction

202

3.3100 USD

Common

Sell Transaction

1,595

3.3117 USD

Common

Sell Transaction

430

3.3150 USD

Common

Sell Transaction

660

3.3177 USD

Common

Sell Transaction

100

3.3200 USD

Common

Sell Transaction

127

3.3217 USD

Common

Sell Transaction

307

3.3220 USD

Common

Sell Transaction

45

3.3251 USD

Common

Sell Transaction

100

3.3294 USD

Common

Sell Transaction

501

3.3300 USD

Common

Sell Transaction

1,900

3.3305 USD

Common

Sell Transaction

4,101

3.3348 USD

Common

Sell Transaction

2,174

3.3382 USD

Common

Sell Transaction

175

3.3390 USD

Common

Sell Transaction

256

3.3397 USD

Common

Sell Transaction

600

3.3400 USD

Common

Sell Transaction

53

3.3413 USD

Common

Sell Transaction

5,866

3.3477 USD

Common

Sell Transaction

7,233

3.3500 USD

Common

Sell Transaction

1,639

3.3510 USD

Common

Sell Transaction

1,168

3.3524 USD

Common

Sell Transaction

4,759

3.3531 USD

Common

Sell Transaction

7,700

3.3542 USD

Common

Sell Transaction

73

3.3551 USD

Common

Sell Transaction

4,266

3.3555 USD

Common

Sell Transaction

700

3.3557 USD

Common

Sell Transaction

914

3.3589 USD

Common

Sell Transaction

2,300

3.3641 USD

Common

Sell Transaction

109

3.3700 USD

Common

Sell Transaction

200

3.3800 USD

Common

Sell Transaction

400

3.3825 USD

Common

Sell Transaction

4,898

3.3835 USD

Common

Sell Transaction

1,546

3.3846 USD

Common

Sell Transaction

400

3.3850 USD

Common

Sell Transaction

2,997

3.3900 USD

Common

Sell Transaction

2,323

3.3997 USD

Common

Sell Transaction

221

3.4000 USD

Common

Sell Transaction

1,130

3.4073 USD

Common

Sell Transaction

7

3.4086 USD

Common

Sell Transaction

301

3.4096 USD

Common

Sell Transaction

36,383

3.4100 USD

Common

Sell Transaction

12

3.5000 USD

Common

Sell Transaction

1

3.5100 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

Put Option

Buy Transaction

10

3.0000 USD

American

2025-Apr-17

0.1000 USD

Common

Put Option

Buy Transaction

1

4.0000 USD

American

2025-May-16

0.7000 USD

Common

Call Option

Sell Transaction

2

5.0000 USD

American

2025-May-16

0.0500 USD

Common

Call Option

Sell Transaction

1

7.0000 USD

American

2026-Jan-16

0.1000 USD

Common

Call Option

Sell Transaction

10

5.0000 USD

American

2025-Jun-20

0.1000 USD

Common

Call Option

Sell Transaction

1

5.0000 USD

American

2025-Jul-18

0.1000 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

4

6.0000 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:

7 April 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

-13,000

3.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Purchased

-1,400

4.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

5,800

5.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-300

5.0 USD

 

American

 

17/10/2025

 

Common

Put Option

Purchased

-700

7.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Purchased

200

6.0 USD

 

American

 

17/10/2025

 

Common

Call Option

Purchased

1,000,000

5.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

2,300

7.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

1,000

5.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

1,100

5.0 USD

 

American

 

16/05/2025

 

Common

Put Option

Purchased

-400

4.0 USD

 

American

 

16/05/2025

 

Common

Put Option

Purchased

-900

5.0 USD

 

American

 

17/07/2026

 

Common

Put Option

Purchased

-1,000

3.0 USD

 

American

 

17/04/2025

 

Common

Put Option

Purchased

-104,200

6.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-1,000

5.0 USD

 

American

 

17/04/2025

 

Common

Put Option

Purchased

-5,900

4.0 USD

 

American

 

17/04/2025

 

Common

Put Option

Purchased

-8,400

5.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Purchased

-5,400

4.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Purchased

-99,800

7.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

800

4.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Purchased

700

10.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Purchased

6,000

4.0 USD

 

American

 

17/10/2025

 

Common

Call Option

Purchased

150,000

4.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

300

8.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-1,400

5.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

2,500

10.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

600

10.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Purchased

245,600

6.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Purchased

-4,300

4.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

600,000

6.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-29,400

8.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Sold

74,900

7.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-101,000

5.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Sold

99,900

8.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Sold

-13,900

5.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-2,000

6.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Sold

-12,700

7.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-3,400

10.0 USD

 

American

 

17/07/2026

 

Common

Put Option

Sold

4,700

6.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-2,800

4.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Sold

-2,500

4.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-500

3.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-1,900

9.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-200

15.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-9,500

4.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-100

3.0 USD

 

American

 

17/10/2025

 

Common

Call Option

Sold

-200

7.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-1,700

6.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-118,400

7.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Sold

800

5.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-31,700

5.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-500

4.0 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

Call Option

Sold

-8,600

8.0 USD

 

American

 

17/04/2025

 

 

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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