financetom
Business
financetom
/
Business
/
Form 8.3
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Form 8.3
Nov 3, 2025 8:12 AM

LONDON--(BUSINESS WIRE)--

 

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:

 

Millennium International Management LP

(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.

 

 

(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 ( DWLAF )

If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:

 

 

(e) Date position held/dealing undertaken:

For an opening position disclosure, state the latest practicable date prior to the disclosure

 

31st 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, 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:

 

1p ordinary (GB00BMWRZ071)

 

 

 

Interests

 

Short positions

 

Number

 

%

 

Number

 

%

(1) Relevant securities owned and/or controlled:

 

-

 

-

 

-

 

-

(2) Cash-settled derivatives:

 

65,460,895

 

4.972%

 

-

 

-

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

 

-

 

-

 

-

 

-

TOTAL:

 

65,460,895

 

4.972%

 

-

 

-

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:

 

 

Details, including nature of the rights concerned and relevant percentages:

 

 

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 (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

 

GB00BMWRZ071

 

Equity Swap

 

Increasing a Long Position

 

1,000,000

 

0.82 GBP

GB00BMWRZ071

 

Equity Swap

 

Increasing a Long Position

 

25,520

 

0.83 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

Class of relevant security:

 

1p ordinary (GB00BMWRZ071)

 

 

 

Interests

 

Short positions

 

Number

 

%

 

Number

 

%

(1) Relevant securities owned and/or controlled:

 

-

 

-

 

-

 

-

(2) Cash-settled derivatives:

 

65,460,895

 

4.972%

 

-

 

-

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

 

-

 

-

 

-

 

-

TOTAL:

 

65,460,895

 

4.972%

 

-

 

-

0

Class of relevant security:

 

1p ordinary (GB00BMWRZ071)

 

 

 

Interests

 

Short positions

 

Number

 

%

 

Number

 

%

(1) Relevant securities owned and/or controlled:

 

-

 

-

 

-

 

-

(2) Cash-settled derivatives:

 

65,460,895

 

4.972%

 

-

 

-

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

 

-

 

-

 

-

 

-

TOTAL:

 

65,460,895

 

4.972%

 

-

 

-

1

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]. 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.

Source: Millennium Partners, L.P.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
--Lamar Advertising to Pay Quarterly Dividend $1.40 a Share, Payable Sept. 30 to Shareholders of Record Sept. 18
--Lamar Advertising to Pay Quarterly Dividend $1.40 a Share, Payable Sept. 30 to Shareholders of Record Sept. 18
Aug 29, 2024
05:41 PM EDT, 08/27/2024 (MT Newswires) -- Price: 120.38, Change: -2.41, Percent Change: -1.97 ...
Lennox International Insider Sold Shares Worth $3,138,416, According to a Recent SEC Filing
Lennox International Insider Sold Shares Worth $3,138,416, According to a Recent SEC Filing
Aug 29, 2024
11:36 AM EDT, 08/29/2024 (MT Newswires) -- Prakash Bedapudi, Executive Vice President, Chief Technology Officer, on August 28, 2024, sold 5,374 shares in Lennox International ( LII ) for $3,138,416. Following the Form 4 filing with the SEC, Bedapudi has control over a total of 16,162 shares of the company, with 16,162 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1069202/000112760224023107/xslF345X05/form4.xml Price: 581.77,...
Correction: Birkenstock's Fiscal Q3 Adjusted Earnings, Revenue Rise
Correction: Birkenstock's Fiscal Q3 Adjusted Earnings, Revenue Rise
Aug 29, 2024
11:35 AM EDT, 08/29/2024 (MT Newswires) -- (Corrects the converted EPS figure in the first paragraph.) Birkenstock Holding ( BIRK ) reported fiscal Q3 adjusted earnings Thursday of 0.49 euros ($0.54) per diluted share, up from 0.44 euros a year earlier. Analysts surveyed by Capital IQ expected 0.52 euros. Revenue for the quarter ended June 30 was 564.8 million euros,...
Gap posts higher second-quarter sales
Gap posts higher second-quarter sales
Aug 29, 2024
Aug 29 (Reuters) - Apparel retailer Gap posted a 5% jump in its second-quarter sales on Thursday, helped by stronger demand at its Old Navy and namesake brands. The company posted net sales of $3.72 billion for the quarter ended Aug. 3, compared with $3.55 billion a year earlier. Gap was scheduled to report results after markets close on Thursday....
Copyright 2023-2026 - www.financetom.com All Rights Reserved