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Form 8.3 - American Axle & Manufacturing Holdings

11th Mar 2025 15:00

RNS Number : 2363A
Citadel Group
11 March 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

10 March 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:

1,279,107

1.08

180,719

0.15

(2) Cash-settled derivatives:

 

0

0.00

0

0.00

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

1,039,200

0.88

603,000

0.51

 

TOTAL:

2,318,307

1.97

783,719

0.66

 

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

80

4.4975 USD

Common

Buy Transaction

200

4.5000 USD

Common

Buy Transaction

80

4.5075 USD

Common

Buy Transaction

339

4.5100 USD

Common

Buy Transaction

642

4.5101 USD

Common

Buy Transaction

143

4.5108 USD

Common

Buy Transaction

500

4.5130 USD

Common

Buy Transaction

371

4.5135 USD

Common

Buy Transaction

766

4.5150 USD

Common

Buy Transaction

112

4.5158 USD

Common

Buy Transaction

4,658

4.5160 USD

Common

Buy Transaction

554

4.5173 USD

Common

Buy Transaction

148

4.5186 USD

Common

Buy Transaction

213

4.5199 USD

Common

Buy Transaction

6,638

4.5200 USD

Common

Buy Transaction

416

4.5206 USD

Common

Buy Transaction

2,250

4.5208 USD

Common

Buy Transaction

473

4.5209 USD

Common

Buy Transaction

115

4.5210 USD

Common

Buy Transaction

1,480

4.5244 USD

Common

Buy Transaction

100

4.5250 USD

Common

Buy Transaction

1,801

4.5267 USD

Common

Buy Transaction

15

4.5277 USD

Common

Buy Transaction

587

4.5288 USD

Common

Buy Transaction

2,253

4.5293 USD

Common

Buy Transaction

2,028

4.5299 USD

Common

Buy Transaction

9

4.5300 USD

Common

Buy Transaction

91

4.5301 USD

Common

Buy Transaction

3

4.5317 USD

Common

Buy Transaction

1,347

4.5321 USD

Common

Buy Transaction

3,071

4.5327 USD

Common

Buy Transaction

185

4.5327 USD

Common

Buy Transaction

931

4.5343 USD

Common

Buy Transaction

2,491

4.5350 USD

Common

Buy Transaction

693

4.5377 USD

Common

Buy Transaction

7,084

4.5382 USD

Common

Buy Transaction

477

4.5382 USD

Common

Buy Transaction

102

4.5400 USD

Common

Buy Transaction

35,306

4.5417 USD

Common

Buy Transaction

1,271

4.5422 USD

Common

Buy Transaction

15

4.5430 USD

Common

Buy Transaction

110

4.5432 USD

Common

Buy Transaction

5,040

4.5432 USD

Common

Buy Transaction

544

4.5437 USD

Common

Buy Transaction

500

4.5440 USD

Common

Buy Transaction

343

4.5446 USD

Common

Buy Transaction

300

4.5450 USD

Common

Buy Transaction

5,765

4.5479 USD

Common

Buy Transaction

94

4.5489 USD

Common

Buy Transaction

4,829

4.5494 USD

Common

Buy Transaction

8

4.5494 USD

Common

Buy Transaction

1,772

4.5496 USD

Common

Buy Transaction

10,001

4.5500 USD

Common

Buy Transaction

4,300

4.5505 USD

Common

Buy Transaction

429

4.5510 USD

Common

Buy Transaction

481

4.5529 USD

Common

Buy Transaction

319

4.5547 USD

Common

Buy Transaction

1,920

4.5571 USD

Common

Buy Transaction

212

4.5572 USD

Common

Buy Transaction

324

4.5580 USD

Common

Buy Transaction

7

4.5600 USD

Common

Buy Transaction

387

4.5604 USD

Common

Buy Transaction

161

4.5607 USD

Common

Buy Transaction

500

4.5610 USD

Common

Buy Transaction

1,009

4.5623 USD

Common

Buy Transaction

387

4.5631 USD

Common

Buy Transaction

628

4.5641 USD

Common

Buy Transaction

454

4.5652 USD

Common

Buy Transaction

839

4.5655 USD

Common

Buy Transaction

639

4.5656 USD

Common

Buy Transaction

188

4.5659 USD

Common

Buy Transaction

10

4.5660 USD

Common

Buy Transaction

251

4.5678 USD

Common

Buy Transaction

815

4.5682 USD

Common

Buy Transaction

2,028

4.5710 USD

Common

Buy Transaction

800

4.5713 USD

Common

Buy Transaction

2,132

4.5722 USD

Common

Buy Transaction

713

4.5730 USD

Common

Buy Transaction

308

4.5800 USD

Common

Buy Transaction

14,473

4.5814 USD

Common

Buy Transaction

805

4.5820 USD

Common

Buy Transaction

223

4.5826 USD

Common

Buy Transaction

636

4.5831 USD

Common

Buy Transaction

810

4.5837 USD

Common

Buy Transaction

1,682

4.5841 USD

Common

Buy Transaction

656

4.5845 USD

Common

Buy Transaction

2

4.5850 USD

Common

Buy Transaction

1,244

4.5858 USD

Common

Buy Transaction

497

4.5890 USD

Common

Buy Transaction

23,717

4.5900 USD

Common

Buy Transaction

300

4.5917 USD

Common

Buy Transaction

770

4.5944 USD

Common

Buy Transaction

1,423

4.5950 USD

Common

Buy Transaction

880

4.5967 USD

Common

Buy Transaction

412

4.5974 USD

Common

Buy Transaction

600

4.5983 USD

Common

Buy Transaction

260

4.5990 USD

Common

Buy Transaction

3,800

4.5992 USD

Common

Buy Transaction

2,063

4.6000 USD

Common

Buy Transaction

218

4.6023 USD

Common

Buy Transaction

11

4.6027 USD

Common

Buy Transaction

211

4.6038 USD

Common

Buy Transaction

300

4.6050 USD

Common

Buy Transaction

200

4.6075 USD

Common

Buy Transaction

9

4.6089 USD

Common

Buy Transaction

942

4.6100 USD

Common

Buy Transaction

701

4.6102 USD

Common

Buy Transaction

15

4.6107 USD

Common

Buy Transaction

300

4.6134 USD

Common

Buy Transaction

11

4.6136 USD

Common

Buy Transaction

250

4.6150 USD

Common

Buy Transaction

245

4.6161 USD

Common

Buy Transaction

905

4.6167 USD

Common

Buy Transaction

5,313

4.6200 USD

Common

Buy Transaction

336

4.6237 USD

Common

Buy Transaction

429

4.6239 USD

Common

Buy Transaction

401

4.6250 USD

Common

Buy Transaction

730

4.6261 USD

Common

Buy Transaction

29

4.6307 USD

Common

Buy Transaction

399

4.6313 USD

Common

Buy Transaction

114

4.6341 USD

Common

Buy Transaction

4,016

4.6356 USD

Common

Buy Transaction

500

4.6360 USD

Common

Buy Transaction

21

4.6362 USD

Common

Buy Transaction

125

4.6371 USD

Common

Buy Transaction

996

4.6400 USD

Common

Buy Transaction

1,400

4.6401 USD

Common

Buy Transaction

136

4.6450 USD

Common

Buy Transaction

201

4.6500 USD

Common

Buy Transaction

2,393

4.6536 USD

Common

Buy Transaction

300

4.6567 USD

Common

Buy Transaction

1,100

4.6650 USD

Common

DVP Transaction

1,026

4.5015 USD

Common

DVP Transaction

3

4.5100 USD

Common

DVP Transaction

197

4.5125 USD

Common

DVP Transaction

2

4.5200 USD

Common

DVP Transaction

196

4.5270 USD

Common

DVP Transaction

96

4.5300 USD

Common

DVP Transaction

209

4.5330 USD

Common

DVP Transaction

2,491

4.5350 USD

Common

DVP Transaction

102

4.5400 USD

Common

DVP Transaction

141

4.5459 USD

Common

DVP Transaction

10

4.5470 USD

Common

DVP Transaction

25

4.5500 USD

Common

DVP Transaction

587

4.5567 USD

Common

DVP Transaction

4

4.5575 USD

Common

DVP Transaction

186

4.5700 USD

Common

DVP Transaction

491

4.5718 USD

Common

DVP Transaction

300

4.5733 USD

Common

DVP Transaction

2

4.5750 USD

Common

DVP Transaction

8,058

4.5900 USD

Common

DVP Transaction

1,211

4.5900 USD

Common

DVP Transaction

193

4.6100 USD

Common

DVP Transaction

421

4.6146 USD

Common

DVP Transaction

1

4.6200 USD

Common

DVP Transaction

100

4.6450 USD

Common

RVP Transaction

3

4.5100 USD

Common

RVP Transaction

1,177

4.5136 USD

Common

RVP Transaction

2

4.5200 USD

Common

RVP Transaction

2,493

4.5350 USD

Common

RVP Transaction

2

4.5400 USD

Common

RVP Transaction

8

4.5450 USD

Common

RVP Transaction

51

4.5539 USD

Common

RVP Transaction

2

4.5550 USD

Common

RVP Transaction

2,738

4.5609 USD

Common

RVP Transaction

2

4.5750 USD

Common

RVP Transaction

2

4.5800 USD

Common

RVP Transaction

9,092

4.5900 USD

Common

RVP Transaction

286

4.5962 USD

Common

RVP Transaction

194

4.6100 USD

Common

Sell Transaction

5,485

4.5000 USD

Common

Sell Transaction

2,110

4.5035 USD

Common

Sell Transaction

2,564

4.5038 USD

Common

Sell Transaction

613

4.5100 USD

Common

Sell Transaction

191

4.5105 USD

Common

Sell Transaction

30

4.5150 USD

Common

Sell Transaction

600

4.5167 USD

Common

Sell Transaction

7,451

4.5200 USD

Common

Sell Transaction

713

4.5205 USD

Common

Sell Transaction

30

4.5217 USD

Common

Sell Transaction

30

4.5223 USD

Common

Sell Transaction

5,700

4.5241 USD

Common

Sell Transaction

2,898

4.5267 USD

Common

Sell Transaction

17

4.5294 USD

Common

Sell Transaction

2,316

4.5298 USD

Common

Sell Transaction

1,305

4.5300 USD

Common

Sell Transaction

86

4.5325 USD

Common

Sell Transaction

374

4.5337 USD

Common

Sell Transaction

1,469

4.5368 USD

Common

Sell Transaction

3,692

4.5373 USD

Common

Sell Transaction

146

4.5380 USD

Common

Sell Transaction

2,531

4.5391 USD

Common

Sell Transaction

154

4.5393 USD

Common

Sell Transaction

1,526

4.5399 USD

Common

Sell Transaction

962

4.5399 USD

Common

Sell Transaction

110

4.5400 USD

Common

Sell Transaction

372

4.5408 USD

Common

Sell Transaction

32,606

4.5415 USD

Common

Sell Transaction

4

4.5425 USD

Common

Sell Transaction

306

4.5429 USD

Common

Sell Transaction

13

4.5431 USD

Common

Sell Transaction

200

4.5434 USD

Common

Sell Transaction

25

4.5436 USD

Common

Sell Transaction

445

4.5444 USD

Common

Sell Transaction

1,016

4.5457 USD

Common

Sell Transaction

8,300

4.5465 USD

Common

Sell Transaction

41

4.5478 USD

Common

Sell Transaction

195

4.5492 USD

Common

Sell Transaction

376

4.5494 USD

Common

Sell Transaction

1,171

4.5495 USD

Common

Sell Transaction

2,000

4.5500 USD

Common

Sell Transaction

544

4.5510 USD

Common

Sell Transaction

5,506

4.5520 USD

Common

Sell Transaction

900

4.5533 USD

Common

Sell Transaction

2,400

4.5542 USD

Common

Sell Transaction

73

4.5547 USD

Common

Sell Transaction

325

4.5549 USD

Common

Sell Transaction

8,288

4.5553 USD

Common

Sell Transaction

526

4.5580 USD

Common

Sell Transaction

1,000

4.5580 USD

Common

Sell Transaction

340

4.5600 USD

Common

Sell Transaction

299

4.5610 USD

Common

Sell Transaction

520

4.5612 USD

Common

Sell Transaction

26

4.5635 USD

Common

Sell Transaction

5,876

4.5641 USD

Common

Sell Transaction

190

4.5650 USD

Common

Sell Transaction

515

4.5657 USD

Common

Sell Transaction

6,272

4.5684 USD

Common

Sell Transaction

880

4.5691 USD

Common

Sell Transaction

1,050

4.5701 USD

Common

Sell Transaction

1,500

4.5727 USD

Common

Sell Transaction

4,863

4.5731 USD

Common

Sell Transaction

463

4.5740 USD

Common

Sell Transaction

112

4.5750 USD

Common

Sell Transaction

204

4.5753 USD

Common

Sell Transaction

600

4.5767 USD

Common

Sell Transaction

700

4.5771 USD

Common

Sell Transaction

234

4.5800 USD

Common

Sell Transaction

639

4.5801 USD

Common

Sell Transaction

656

4.5853 USD

Common

Sell Transaction

12,345

4.5854 USD

Common

Sell Transaction

627

4.5854 USD

Common

Sell Transaction

1,339

4.5890 USD

Common

Sell Transaction

109

4.5893 USD

Common

Sell Transaction

39,134

4.5900 USD

Common

Sell Transaction

312

4.5945 USD

Common

Sell Transaction

1,075

4.5956 USD

Common

Sell Transaction

500

4.5960 USD

Common

Sell Transaction

7,334

4.5970 USD

Common

Sell Transaction

14

4.6000 USD

Common

Sell Transaction

19

4.6005 USD

Common

Sell Transaction

2

4.6008 USD

Common

Sell Transaction

400

4.6050 USD

Common

Sell Transaction

39

4.6056 USD

Common

Sell Transaction

1,853

4.6090 USD

Common

Sell Transaction

1,495

4.6096 USD

Common

Sell Transaction

741

4.6100 USD

Common

Sell Transaction

320

4.6155 USD

Common

Sell Transaction

19

4.6158 USD

Common

Sell Transaction

6,694

4.6170 USD

Common

Sell Transaction

892

4.6177 USD

Common

Sell Transaction

474

4.6186 USD

Common

Sell Transaction

9,857

4.6187 USD

Common

Sell Transaction

618

4.6188 USD

Common

Sell Transaction

538

4.6193 USD

Common

Sell Transaction

307

4.6200 USD

Common

Sell Transaction

247

4.6219 USD

Common

Sell Transaction

632

4.6243 USD

Common

Sell Transaction

20

4.6250 USD

Common

Sell Transaction

1,507

4.6272 USD

Common

Sell Transaction

1,579

4.6274 USD

Common

Sell Transaction

148

4.6276 USD

Common

Sell Transaction

1,463

4.6300 USD

Common

Sell Transaction

353

4.6313 USD

Common

Sell Transaction

3,553

4.6329 USD

Common

Sell Transaction

496

4.6350 USD

Common

Sell Transaction

2,276

4.6400 USD

Common

Sell Transaction

310

4.6450 USD

Common

Sell Transaction

15

4.6453 USD

Common

Sell Transaction

1,497

4.6460 USD

Common

Sell Transaction

1,660

4.6463 USD

Common

Sell Transaction

362

4.6466 USD

Common

Sell Transaction

800

4.6475 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

Sell Transaction

1

15.0000 USD

American

2026-Jan-16

0.1000 USD

Common

Call Option

Sell Transaction

1

4.0000 USD

American

2025-Jul-18

0.8900 USD

Common

Put Option

Sell Transaction

1

7.0000 USD

American

2025-Jun-20

2.4900 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:

11 March 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

600

10.0 USD

 

American

 

17/04/2025

 

Common

Put Option

Purchased

-3,800

4.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Purchased

246,200

6.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Purchased

-8,400

5.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Purchased

-5,800

5.0 USD

 

American

 

21/03/2025

 

Common

Call Option

Purchased

2,300

7.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

300

8.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-4,300

4.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-4,000

3.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

2,500

10.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Purchased

-99,900

7.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

900

5.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Purchased

-800

5.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Purchased

700

10.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Purchased

-500

5.0 USD

 

American

 

17/10/2025

 

Common

Put Option

Purchased

-200

5.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Purchased

-700

7.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Purchased

600,000

6.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Purchased

-104,200

6.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

700

4.0 USD

 

American

 

21/03/2025

 

Common

Put Option

Purchased

-100

8.0 USD

 

American

 

21/03/2025

 

Common

Put Option

Purchased

-800

5.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-5,400

4.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-2,500

4.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-3,200

4.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-100,800

5.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Sold

7,600

6.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-14,000

6.0 USD

 

American

 

21/03/2025

 

Common

Call Option

Sold

-1,200

6.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Sold

99,900

8.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Sold

-1,600

5.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Sold

-31,700

5.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-300

5.0 USD

 

American

 

21/03/2025

 

Common

Put Option

Sold

1,000

6.0 USD

 

American

 

18/07/2025

 

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

-500

10.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-3,600

4.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Sold

1,600

4.0 USD

 

American

 

21/03/2025

 

Common

Call Option

Sold

-500

4.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-200

15.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-1,000

3.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-12,700

7.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-7,700

7.0 USD

 

American

 

21/03/2025

 

Common

Call Option

Sold

-116,600

7.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Sold

74,900

7.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-8,800

4.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Sold

-200

7.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-8,600

8.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-200

6.0 USD

 

American

 

17/10/2025

 

Common

Call Option

Sold

-29,400

8.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-1,700

6.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-13,900

5.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-800

12.0 USD

 

American

 

16/01/2026

 

 

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.

 

 

 

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END
 
 
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