Company Announcements
Form 8.3 - Dowlais Group PLC
Related Companies
By LSE RNS
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 |
DOWLAIS GROUP PLC |
|
(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 |
6 February 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 AMERICAN AXLE MANUFACTURING HOLDINGS INC |
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 GB00BMWRZ071 1p ordinary |
|||
|
|
Interests |
Short positions |
||
|
|
Number |
% |
Number |
% |
|
(1) Relevant securities owned and/or controlled: |
130,558 |
0.00 |
27,019 |
0.00 |
|
(2) Cash-settled derivatives:
|
1,746 |
0.00 |
2,062,764 |
0.15 |
|
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
0 |
0.00 |
0 |
0.00 |
|
TOTAL: |
132,304 |
0.00 |
2,089,783 |
0.15 |
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 |
129 |
0.6840 GBP |
|
Common |
Buy Transaction |
21 |
0.6845 GBP |
|
Common |
Buy Transaction |
1,001 |
0.6850 GBP |
|
Common |
Buy Transaction |
988 |
0.6855 GBP |
|
Common |
Buy Transaction |
1,301 |
0.6860 GBP |
|
Common |
Buy Transaction |
2,814 |
0.6870 GBP |
|
Common |
Buy Transaction |
2,995 |
0.6880 GBP |
|
Common |
Buy Transaction |
1,267 |
0.6885 GBP |
|
Common |
Buy Transaction |
2,578 |
0.6890 GBP |
|
Common |
Buy Transaction |
5,392 |
0.6893 GBP |
|
Common |
Buy Transaction |
6,753 |
0.6895 GBP |
|
Common |
Buy Transaction |
641 |
0.6900 GBP |
|
Common |
Buy Transaction |
40 |
0.6905 GBP |
|
Common |
Buy Transaction |
1,853 |
0.6910 GBP |
|
Common |
Buy Transaction |
12,304 |
0.6925 GBP |
|
Common |
Buy Transaction |
105 |
0.6927 GBP |
|
Common |
Buy Transaction |
1,002 |
0.6930 GBP |
|
Common |
Buy Transaction |
16,915 |
0.6935 GBP |
|
Common |
Buy Transaction |
135 |
0.6937 GBP |
|
Common |
Buy Transaction |
14,327 |
0.6940 GBP |
|
Common |
Buy Transaction |
31,350 |
0.6945 GBP |
|
Common |
Buy Transaction |
60,919 |
0.6950 GBP |
|
Common |
Buy Transaction |
4,493 |
0.6955 GBP |
|
Common |
Buy Transaction |
7,865 |
0.6960 GBP |
|
Common |
Buy Transaction |
24,050 |
0.6965 GBP |
|
Common |
Buy Transaction |
48,879 |
0.6970 GBP |
|
Common |
Buy Transaction |
9,398 |
0.6975 GBP |
|
Common |
Buy Transaction |
18,023 |
0.6985 GBP |
|
Common |
Buy Transaction |
427 |
0.6990 GBP |
|
Common |
Buy Transaction |
9,618 |
0.7000 GBP |
|
Common |
Buy Transaction |
160 |
0.7025 GBP |
|
Common |
Buy Transaction |
1,182 |
0.7037 GBP |
|
Common |
Buy Transaction |
498 |
0.7045 GBP |
|
Common |
Buy Transaction |
875 |
0.7050 GBP |
|
Common |
Buy Transaction |
24,871 |
0.7055 GBP |
|
Common |
Buy Transaction |
5,852 |
0.7060 GBP |
|
Common |
Buy Transaction |
59,164 |
0.7065 GBP |
|
Common |
Buy Transaction |
5,395 |
0.7070 GBP |
|
Common |
Buy Transaction |
4,663 |
0.7075 GBP |
|
Common |
Buy Transaction |
2,779 |
0.7080 GBP |
|
Common |
Buy Transaction |
1,510 |
0.7090 GBP |
|
Common |
Buy Transaction |
13,231 |
0.7095 GBP |
|
Common |
Sell Transaction |
32 |
0.6870 GBP |
|
Common |
Sell Transaction |
95 |
0.6875 GBP |
|
Common |
Sell Transaction |
5,764 |
0.6877 GBP |
|
Common |
Sell Transaction |
3,306 |
0.6880 GBP |
|
Common |
Sell Transaction |
1 |
0.6890 GBP |
|
Common |
Sell Transaction |
2,502 |
0.6895 GBP |
|
Common |
Sell Transaction |
2,208 |
0.6900 GBP |
|
Common |
Sell Transaction |
7 |
0.6915 GBP |
|
Common |
Sell Transaction |
4,189 |
0.6925 GBP |
|
Common |
Sell Transaction |
1 |
0.6930 GBP |
|
Common |
Sell Transaction |
605 |
0.6935 GBP |
|
Common |
Sell Transaction |
1,417 |
0.6940 GBP |
|
Common |
Sell Transaction |
5,360 |
0.6945 GBP |
|
Common |
Sell Transaction |
12,223 |
0.6950 GBP |
|
Common |
Sell Transaction |
2,603 |
0.6955 GBP |
|
Common |
Sell Transaction |
4,863 |
0.6960 GBP |
|
Common |
Sell Transaction |
366 |
0.6963 GBP |
|
Common |
Sell Transaction |
3,498 |
0.6965 GBP |
|
Common |
Sell Transaction |
151 |
0.6977 GBP |
|
Common |
Sell Transaction |
12,974 |
0.6980 GBP |
|
Common |
Sell Transaction |
7,875 |
0.6985 GBP |
|
Common |
Sell Transaction |
3,805 |
0.6990 GBP |
|
Common |
Sell Transaction |
25 |
0.6995 GBP |
|
Common |
Sell Transaction |
4,438 |
0.7000 GBP |
|
Common |
Sell Transaction |
14 |
0.7005 GBP |
|
Common |
Sell Transaction |
1,934 |
0.7015 GBP |
|
Common |
Sell Transaction |
1,996 |
0.7017 GBP |
|
Common |
Sell Transaction |
4,374 |
0.7020 GBP |
|
Common |
Sell Transaction |
2,730 |
0.7025 GBP |
|
Common |
Sell Transaction |
617 |
0.7030 GBP |
|
Common |
Sell Transaction |
4,032 |
0.7035 GBP |
|
Common |
Sell Transaction |
974 |
0.7040 GBP |
|
Common |
Sell Transaction |
2,837 |
0.7045 GBP |
|
Common |
Sell Transaction |
9,387 |
0.7050 GBP |
|
Common |
Sell Transaction |
21,435 |
0.7055 GBP |
|
Common |
Sell Transaction |
19,631 |
0.7057 GBP |
|
Common |
Sell Transaction |
1,091 |
0.7060 GBP |
|
Common |
Sell Transaction |
6,177 |
0.7065 GBP |
|
Common |
Sell Transaction |
12,787 |
0.7067 GBP |
|
Common |
Sell Transaction |
733 |
0.7070 GBP |
|
Common |
Sell Transaction |
24,073 |
0.7083 GBP |
|
Common |
Sell Transaction |
259 |
0.7095 GBP |
|
Common |
Sell Transaction |
4,109 |
0.7097 GBP |
|
Common |
Sell Transaction |
85,926 |
0.7100 GBP |
|
Common |
Sell Transaction |
5,406 |
0.7105 GBP |
|
Common |
Sell Transaction |
92 |
0.7115 GBP |
(b) Cash-settled derivative transactions
|
Class of relevant security |
Product description e.g. CFD |
Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position |
Number of reference securities |
Price per unit |
|
Common |
CFD |
Reducing short position |
85,147 |
0.6943 GBP |
|
Common |
CFD |
Reducing short position |
6,140 |
0.6945 GBP |
|
Common |
CFD |
Reducing short position |
49,887 |
0.6949 GBP |
|
Common |
CFD |
Reducing short position |
2,533 |
0.6950 GBP |
|
Common |
CFD |
Increasing short position |
12,102 |
0.7100 GBP |
|
Common |
CFD |
Increasing short position |
23,933 |
0.7103 GBP |
(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 |
(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? |
NO |
|
Date of disclosure: |
7 February 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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
You are here: news > regulatory news
10 Lower Thames St,
London EC3R 6EN