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 |
2 October 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: |
1,193,937 |
1.00 |
30 |
0.00 |
| (2) Cash-settled derivatives:
|
0 |
0.00 |
0 |
0.00 |
| (3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
428,400 |
0.36 |
1,040,800 |
0.87 |
|
TOTAL: |
1,622,337 |
1.36 |
1,040,830 |
0.87 |
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 |
7 |
5.9100 USD |
| Common |
Buy Transaction |
216 |
5.9600 USD |
| Common |
Buy Transaction |
1,819 |
5.9747 USD |
| Common |
Buy Transaction |
3,029 |
5.9803 USD |
| Common |
Buy Transaction |
2,800 |
5.9989 USD |
| Common |
Buy Transaction |
23,563 |
6.0000 USD |
| Common |
Buy Transaction |
1,546 |
6.0103 USD |
| Common |
Buy Transaction |
1,127 |
6.0204 USD |
| Common |
Buy Transaction |
283 |
6.0295 USD |
| Common |
Buy Transaction |
2,312 |
6.0383 USD |
| Common |
Buy Transaction |
2,551 |
6.0400 USD |
| Common |
Buy Transaction |
12,210 |
6.0406 USD |
| Common |
Buy Transaction |
201 |
6.0500 USD |
| Common |
Buy Transaction |
13 |
6.0508 USD |
| Common |
Buy Transaction |
9 |
6.0511 USD |
| Common |
Buy Transaction |
20 |
6.0520 USD |
| Common |
Buy Transaction |
9 |
6.0556 USD |
| Common |
Buy Transaction |
3,289 |
6.0600 USD |
| Common |
Buy Transaction |
3,500 |
6.0601 USD |
| Common |
Buy Transaction |
1,747 |
6.0612 USD |
| Common |
Buy Transaction |
829 |
6.0626 USD |
| Common |
Buy Transaction |
300 |
6.0633 USD |
| Common |
Buy Transaction |
909 |
6.0688 USD |
| Common |
Buy Transaction |
2,039 |
6.0700 USD |
| Common |
Buy Transaction |
348 |
6.0702 USD |
| Common |
Buy Transaction |
665 |
6.0710 USD |
| Common |
Buy Transaction |
19,661 |
6.0714 USD |
| Common |
Buy Transaction |
249 |
6.0718 USD |
| Common |
Buy Transaction |
665 |
6.0724 USD |
| Common |
Buy Transaction |
278 |
6.0727 USD |
| Common |
Buy Transaction |
7,838 |
6.0733 USD |
| Common |
Buy Transaction |
6,171 |
6.0738 USD |
| Common |
Buy Transaction |
689 |
6.0748 USD |
| Common |
Buy Transaction |
200 |
6.0750 USD |
| Common |
Buy Transaction |
4,687 |
6.0757 USD |
| Common |
Buy Transaction |
15,116 |
6.0762 USD |
| Common |
Buy Transaction |
756 |
6.0767 USD |
| Common |
Buy Transaction |
4,123 |
6.0788 USD |
| Common |
Buy Transaction |
52 |
6.0790 USD |
| Common |
Buy Transaction |
386 |
6.0794 USD |
| Common |
Buy Transaction |
57,204 |
6.0800 USD |
| Common |
Buy Transaction |
200 |
6.0811 USD |
| Common |
Buy Transaction |
139 |
6.0812 USD |
| Common |
Buy Transaction |
3,237 |
6.0813 USD |
| Common |
Buy Transaction |
815 |
6.0820 USD |
| Common |
Buy Transaction |
5,300 |
6.0825 USD |
| Common |
Buy Transaction |
474 |
6.0826 USD |
| Common |
Buy Transaction |
2,752 |
6.0843 USD |
| Common |
Buy Transaction |
20 |
6.0850 USD |
| Common |
Buy Transaction |
12,824 |
6.0860 USD |
| Common |
Buy Transaction |
3,901 |
6.0897 USD |
| Common |
Buy Transaction |
1,130 |
6.0900 USD |
| Common |
Buy Transaction |
2,177 |
6.0952 USD |
| Common |
Buy Transaction |
4,152 |
6.1004 USD |
| Common |
Buy Transaction |
80 |
6.1117 USD |
| Common |
Buy Transaction |
8 |
6.1250 USD |
| Common |
Buy Transaction |
102 |
6.1300 USD |
| Common |
Buy Transaction |
4,083 |
6.1357 USD |
| Common |
Buy Transaction |
2 |
6.1800 USD |
| Common |
Buy Transaction |
8 |
6.2000 USD |
| Common |
Sell Transaction |
2 |
5.9900 USD |
| Common |
Sell Transaction |
2 |
5.9950 USD |
| Common |
Sell Transaction |
2 |
6.0200 USD |
| Common |
Sell Transaction |
458 |
6.0469 USD |
| Common |
Sell Transaction |
209 |
6.0500 USD |
| Common |
Sell Transaction |
5 |
6.0560 USD |
| Common |
Sell Transaction |
4,186 |
6.0568 USD |
| Common |
Sell Transaction |
3,415 |
6.0591 USD |
| Common |
Sell Transaction |
1,776 |
6.0599 USD |
| Common |
Sell Transaction |
5,606 |
6.0600 USD |
| Common |
Sell Transaction |
2,098 |
6.0600 USD |
| Common |
Sell Transaction |
3 |
6.0633 USD |
| Common |
Sell Transaction |
146 |
6.0647 USD |
| Common |
Sell Transaction |
315 |
6.0650 USD |
| Common |
Sell Transaction |
243 |
6.0657 USD |
| Common |
Sell Transaction |
904 |
6.0663 USD |
| Common |
Sell Transaction |
5,122 |
6.0678 USD |
| Common |
Sell Transaction |
1,357 |
6.0678 USD |
| Common |
Sell Transaction |
783 |
6.0680 USD |
| Common |
Sell Transaction |
38 |
6.0692 USD |
| Common |
Sell Transaction |
1,899 |
6.0693 USD |
| Common |
Sell Transaction |
3,600 |
6.0697 USD |
| Common |
Sell Transaction |
5,429 |
6.0700 USD |
| Common |
Sell Transaction |
149 |
6.0701 USD |
| Common |
Sell Transaction |
312 |
6.0707 USD |
| Common |
Sell Transaction |
3,439 |
6.0709 USD |
| Common |
Sell Transaction |
224 |
6.0714 USD |
| Common |
Sell Transaction |
198 |
6.0731 USD |
| Common |
Sell Transaction |
142 |
6.0732 USD |
| Common |
Sell Transaction |
386 |
6.0740 USD |
| Common |
Sell Transaction |
2,278 |
6.0741 USD |
| Common |
Sell Transaction |
15 |
6.0743 USD |
| Common |
Sell Transaction |
126 |
6.0745 USD |
| Common |
Sell Transaction |
1,275 |
6.0746 USD |
| Common |
Sell Transaction |
394 |
6.0748 USD |
| Common |
Sell Transaction |
308 |
6.0750 USD |
| Common |
Sell Transaction |
2,321 |
6.0752 USD |
| Common |
Sell Transaction |
186 |
6.0754 USD |
| Common |
Sell Transaction |
1,730 |
6.0754 USD |
| Common |
Sell Transaction |
1,352 |
6.0754 USD |
| Common |
Sell Transaction |
6,582 |
6.0762 USD |
| Common |
Sell Transaction |
1,162 |
6.0766 USD |
| Common |
Sell Transaction |
338 |
6.0767 USD |
| Common |
Sell Transaction |
1,739 |
6.0775 USD |
| Common |
Sell Transaction |
680 |
6.0776 USD |
| Common |
Sell Transaction |
45 |
6.0779 USD |
| Common |
Sell Transaction |
2,700 |
6.0781 USD |
| Common |
Sell Transaction |
205 |
6.0782 USD |
| Common |
Sell Transaction |
51,868 |
6.0800 USD |
| Common |
Sell Transaction |
1,100 |
6.0810 USD |
| Common |
Sell Transaction |
1,062 |
6.0810 USD |
| Common |
Sell Transaction |
1,535 |
6.0817 USD |
| Common |
Sell Transaction |
1,542 |
6.0822 USD |
| Common |
Sell Transaction |
900 |
6.0822 USD |
| Common |
Sell Transaction |
400 |
6.0825 USD |
| Common |
Sell Transaction |
4,837 |
6.0826 USD |
| Common |
Sell Transaction |
425 |
6.0835 USD |
| Common |
Sell Transaction |
2,559 |
6.0835 USD |
| Common |
Sell Transaction |
8 |
6.0838 USD |
| Common |
Sell Transaction |
199 |
6.0839 USD |
| Common |
Sell Transaction |
506 |
6.0840 USD |
| Common |
Sell Transaction |
1,736 |
6.0850 USD |
| Common |
Sell Transaction |
120 |
6.0852 USD |
| Common |
Sell Transaction |
109 |
6.0852 USD |
| Common |
Sell Transaction |
727 |
6.0855 USD |
| Common |
Sell Transaction |
5 |
6.0860 USD |
| Common |
Sell Transaction |
165 |
6.0861 USD |
| Common |
Sell Transaction |
300 |
6.0867 USD |
| Common |
Sell Transaction |
3,238 |
6.0878 USD |
| Common |
Sell Transaction |
600 |
6.0883 USD |
| Common |
Sell Transaction |
1,165 |
6.0885 USD |
| Common |
Sell Transaction |
59 |
6.0888 USD |
| Common |
Sell Transaction |
103 |
6.0889 USD |
| Common |
Sell Transaction |
144 |
6.0890 USD |
| Common |
Sell Transaction |
3,200 |
6.0891 USD |
| Common |
Sell Transaction |
1,348 |
6.0900 USD |
| Common |
Sell Transaction |
212 |
6.0905 USD |
| Common |
Sell Transaction |
1,050 |
6.0917 USD |
| Common |
Sell Transaction |
2,791 |
6.0918 USD |
| Common |
Sell Transaction |
240 |
6.0920 USD |
| Common |
Sell Transaction |
24,193 |
6.0921 USD |
| Common |
Sell Transaction |
393 |
6.0929 USD |
| Common |
Sell Transaction |
2,108 |
6.0963 USD |
| Common |
Sell Transaction |
700 |
6.0968 USD |
| Common |
Sell Transaction |
2,611 |
6.1000 USD |
| Common |
Sell Transaction |
219 |
6.1011 USD |
| Common |
Sell Transaction |
258 |
6.1021 USD |
| Common |
Sell Transaction |
270 |
6.1032 USD |
| Common |
Sell Transaction |
315 |
6.1063 USD |
| Common |
Sell Transaction |
482 |
6.1099 USD |
| Common |
Sell Transaction |
766 |
6.1114 USD |
| Common |
Sell Transaction |
400 |
6.1200 USD |
| Common |
Sell Transaction |
7,319 |
6.1234 USD |
| Common |
Sell Transaction |
1 |
6.1300 USD |
| Common |
Sell Transaction |
207 |
6.1332 USD |
| Common |
Sell Transaction |
257 |
6.1475 USD |
| Common |
Sell Transaction |
5 |
6.1560 USD |
| Common |
Sell Transaction |
579 |
6.1600 USD |
| Common |
Sell Transaction |
108 |
6.1636 USD |
| Common |
Sell Transaction |
1 |
6.1700 USD |
| Common |
Sell Transaction |
1,112 |
6.1710 USD |
| Common |
Sell Transaction |
225 |
6.1721 USD |
| Common |
Sell Transaction |
310 |
6.1763 USD |
| Common |
Sell Transaction |
630 |
6.1799 USD |
| Common |
Sell Transaction |
455 |
6.1800 USD |
| Common |
Sell Transaction |
1,131 |
6.1812 USD |
| Common |
Sell Transaction |
966 |
6.1825 USD |
| Common |
Sell Transaction |
468 |
6.1875 USD |
| Common |
Sell Transaction |
789 |
6.1900 USD |
| Common |
Sell Transaction |
110 |
6.1993 USD |
| Common |
Sell Transaction |
8 |
6.2000 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 |
1,300 |
4.0000 USD |
American |
2026-01-16 |
0.0500 USD |
| Common |
Call Option |
Buy Transaction |
100 |
7.0000 USD |
American |
2025-10-17 |
0.0600 USD |
| Common |
Put Option |
Buy Transaction |
300 |
3.0000 USD |
American |
2026-04-17 |
0.0600 USD |
| Common |
Put Option |
Buy Transaction |
100 |
4.0000 USD |
American |
2026-01-16 |
0.1000 USD |
| Common |
Put Option |
Buy Transaction |
100 |
4.0000 USD |
American |
2026-04-17 |
0.1500 USD |
| Common |
Put Option |
Buy Transaction |
600 |
4.0000 USD |
American |
2026-04-17 |
0.1600 USD |
| Common |
Put Option |
Buy Transaction |
500 |
4.0000 USD |
American |
2026-04-17 |
0.1700 USD |
| Common |
Put Option |
Buy Transaction |
100 |
6.0000 USD |
American |
2025-10-17 |
0.2100 USD |
| Common |
Put Option |
Buy Transaction |
200 |
5.0000 USD |
American |
2026-01-16 |
0.2400 USD |
| Common |
Put Option |
Buy Transaction |
100 |
5.0000 USD |
American |
2026-01-16 |
0.2500 USD |
| Common |
Put Option |
Buy Transaction |
500 |
5.0000 USD |
American |
2026-01-16 |
0.2600 USD |
| Common |
Call Option |
Buy Transaction |
100 |
7.0000 USD |
American |
2025-11-21 |
0.2600 USD |
| Common |
Put Option |
Buy Transaction |
100 |
5.0000 USD |
American |
2026-01-16 |
0.2700 USD |
| Common |
Call Option |
Buy Transaction |
100 |
7.0000 USD |
American |
2025-11-21 |
0.2800 USD |
| Common |
Call Option |
Buy Transaction |
100 |
7.0000 USD |
American |
2025-11-21 |
0.3100 USD |
| Common |
Call Option |
Buy Transaction |
100 |
10.0000 USD |
American |
2026-07-17 |
0.3500 USD |
| Common |
Put Option |
Buy Transaction |
300 |
5.0000 USD |
American |
2026-04-17 |
0.3700 USD |
| Common |
Call Option |
Buy Transaction |
100 |
6.0000 USD |
American |
2025-11-21 |
0.6100 USD |
| Common |
Call Option |
Buy Transaction |
100 |
6.0000 USD |
American |
2025-11-21 |
0.6300 USD |
| Common |
Call Option |
Buy Transaction |
400 |
7.0000 USD |
American |
2026-04-17 |
0.6900 USD |
| Common |
Call Option |
Buy Transaction |
500 |
5.0000 USD |
American |
2025-10-17 |
1.1000 USD |
| Common |
Call Option |
Sell Transaction |
100 |
7.0000 USD |
American |
2025-10-17 |
0.0700 USD |
| Common |
Put Option |
Sell Transaction |
1,200 |
4.0000 USD |
American |
2026-04-17 |
0.1300 USD |
| Common |
Put Option |
Sell Transaction |
100 |
6.0000 USD |
American |
2025-10-17 |
0.1600 USD |
| Common |
Call Option |
Sell Transaction |
100 |
7.0000 USD |
American |
2025-11-21 |
0.2200 USD |
| Common |
Put Option |
Sell Transaction |
800 |
5.0000 USD |
American |
2026-01-16 |
0.2300 USD |
| Common |
Call Option |
Sell Transaction |
100 |
9.0000 USD |
American |
2026-04-17 |
0.2300 USD |
| Common |
Call Option |
Sell Transaction |
300 |
7.0000 USD |
American |
2025-11-21 |
0.2300 USD |
| Common |
Call Option |
Sell Transaction |
300 |
7.0000 USD |
American |
2025-11-21 |
0.2500 USD |
| Common |
Put Option |
Sell Transaction |
800 |
5.0000 USD |
American |
2026-04-17 |
0.3300 USD |
| Common |
Call Option |
Sell Transaction |
200 |
7.0000 USD |
American |
2026-01-16 |
0.4600 USD |
| Common |
Call Option |
Sell Transaction |
100 |
6.0000 USD |
American |
2025-11-21 |
0.5300 USD |
| Common |
Call Option |
Sell Transaction |
1,000 |
6.0000 USD |
American |
2025-11-21 |
0.5600 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: |
3 October 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 |
10,800 |
6.0 USD
|
American
|
16/01/2026
|
| Common |
Put Option |
Purchased |
-17,200 |
3.0 USD
|
American
|
16/01/2026
|
| Common |
Put Option |
Purchased |
-900 |
3.0 USD
|
American
|
17/04/2026
|
| Common |
Put Option |
Purchased |
-700 |
7.0 USD
|
American
|
17/10/2025
|
| Common |
Call Option |
Purchased |
300 |
3.0 USD
|
American
|
17/10/2025
|
| Common |
Call Option |
Purchased |
200 |
11.0 USD
|
American
|
17/04/2026
|
| Common |
Call Option |
Purchased |
176,700 |
5.0 USD
|
American
|
17/10/2025
|
| Common |
Call Option |
Purchased |
3,100 |
10.0 USD
|
American
|
16/01/2026
|
| Common |
Call Option |
Purchased |
15,700 |
4.0 USD
|
American
|
17/10/2025
|
| Common |
Call Option |
Purchased |
14,900 |
6.0 USD
|
American
|
17/04/2026
|
| Common |
Put Option |
Purchased |
-500 |
3.0 USD
|
American
|
18/12/2026
|
| Common |
Call Option |
Purchased |
200 |
8.0 USD
|
American
|
21/11/2025
|
| Common |
Call Option |
Purchased |
1,000 |
8.0 USD
|
American
|
17/10/2025
|
| Common |
Call Option |
Purchased |
6,000 |
7.0 USD
|
American
|
18/12/2026
|
| Common |
Put Option |
Purchased |
-10,300 |
5.0 USD
|
American
|
17/04/2026
|
| Common |
Put Option |
Purchased |
-200 |
7.0 USD
|
American
|
16/01/2026
|
| Common |
Put Option |
Purchased |
-2,200 |
7.0 USD
|
American
|
17/07/2026
|
| Common |
Call Option |
Purchased |
800 |
3.0 USD
|
American
|
17/07/2026
|
| Common |
Call Option |
Purchased |
300 |
2.0 USD
|
American
|
17/10/2025
|
| Common |
Call Option |
Purchased |
38,200 |
10.0 USD
|
American
|
17/07/2026
|
| Common |
Call Option |
Purchased |
2,700 |
7.0 USD
|
American
|
17/07/2026
|
| Common |
Call Option |
Purchased |
49,800 |
6.0 USD
|
American
|
17/10/2025
|
| Common |
Put Option |
Purchased |
-217,400 |
4.0 USD
|
American
|
16/01/2026
|
| Common |
Call Option |
Purchased |
9,500 |
7.0 USD
|
American
|
17/10/2025
|
| Common |
Call Option |
Purchased |
2,600 |
5.0 USD
|
American
|
17/04/2026
|
| Common |
Put Option |
Purchased |
-8,200 |
6.0 USD
|
American
|
16/01/2026
|
| Common |
Put Option |
Purchased |
-2,700 |
5.0 USD
|
American
|
17/07/2026
|
| Common |
Call Option |
Sold |
-200 |
9.0 USD
|
American
|
17/04/2026
|
| Common |
Call Option |
Sold |
-300 |
8.0 USD
|
American
|
17/04/2026
|
| Common |
Call Option |
Sold |
-200 |
10.0 USD
|
American
|
17/04/2026
|
| Common |
Put Option |
Sold |
91,600 |
5.0 USD
|
American
|
16/01/2026
|
| Common |
Put Option |
Sold |
600 |
6.0 USD
|
American
|
21/11/2025
|
| Common |
Call Option |
Sold |
-12,500 |
15.0 USD
|
American
|
16/01/2026
|
| Common |
Call Option |
Sold |
-900 |
4.0 USD
|
American
|
17/07/2026
|
| Common |
Call Option |
Sold |
-6,200 |
12.0 USD
|
American
|
16/01/2026
|
| Common |
Call Option |
Sold |
-1,600 |
7.0 USD
|
American
|
21/11/2025
|
| Common |
Put Option |
Sold |
100 |
5.0 USD
|
American
|
18/12/2026
|
| Common |
Call Option |
Sold |
-52,500 |
5.0 USD
|
American
|
16/01/2026
|
| Common |
Put Option |
Sold |
200 |
6.0 USD
|
American
|
17/10/2025
|
| Common |
Call Option |
Sold |
-1,400 |
4.0 USD
|
American
|
16/01/2026
|
| Common |
Call Option |
Sold |
-100 |
1.0 USD
|
American
|
17/07/2026
|
| Common |
Call Option |
Sold |
-400 |
5.0 USD
|
American
|
18/12/2026
|
| Common |
Call Option |
Sold |
-154,000 |
7.0 USD
|
American
|
16/01/2026
|
| Common |
Call Option |
Sold |
-200 |
8.0 USD
|
American
|
16/01/2026
|
| Common |
Call Option |
Sold |
-39,400 |
5.0 USD
|
American
|
17/07/2026
|
| Common |
Call Option |
Sold |
-800 |
6.0 USD
|
American
|
21/11/2025
|
| Common |
Put Option |
Sold |
100 |
4.0 USD
|
American
|
17/07/2026
|
| Common |
Call Option |
Sold |
-1,400 |
3.0 USD
|
American
|
16/01/2026
|
| Common |
Put Option |
Sold |
600 |
3.0 USD
|
American
|
17/10/2025
|
| Common |
Put Option |
Sold |
1,700 |
5.0 USD
|
American
|
17/10/2025
|
| Common |
Call Option |
Sold |
-508,400 |
7.0 USD
|
American
|
17/04/2026
|
| Common |
Put Option |
Sold |
700 |
4.0 USD
|
American
|
17/04/2026
|
3. AGREEMENTS TO PURCHASE OR SELL ETC.
| Full details should be given so that the nature of the interest or position can be fully understood: |
|
|
It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.
The currency of all prices and other monetary amounts should be stated.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk .
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