Key Information and Disclosure Overview
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: Man Group PLC
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: American Axle & Manufacturing Holdings, Inc.
(e) Date position held/dealing undertaken: The latest available date prior to disclosure.
(f) In addition to the company in (c) above, is the discloser making disclosures in respect of any other party to the offer?
YES> Offeree: Dowlais Group plc
Positions of the Discloser
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree, relevant details must be presented accordingly.
(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing, if applicable:
Class of relevant security:
USD 0.01 common
Total interests owned: 293,856.00 (0.24%)
Cash-settled derivatives: 1,944,692.00 (1.63%)
Recent Trading Activities
(a) Purchases and sales
In recent trading, various sales of USD 0.01 common stocks were reported:
- Sale of 679 units at 6.4400 USD each.
- Sale of 16,162 units at 6.4400 USD each.
- Sale of 4,314 units at 6.4400 USD each.
- Sale of 1,346 units at 6.4400 USD each.
Other Disclosures
(a) Indemnity and other dealing arrangements
There were no indemnity arrangements or related agreements entered into that acted as an inducement to deal or refrain from dealing.
(b) Agreements relating to options or derivatives
No formal or informal agreements exist concerning the voting rights of any relevant securities.
Contact Information
Contact name: Molly Childs
Telephone number: +442071443714
Frequently Asked Questions
What is Form 8.3?
Form 8.3 is a disclosure used in the UK that informs relevant parties about significant interests held in securities by a discloser.
Who is Man Group PLC?
Man Group PLC is a global active investment management firm that operates across various asset classes.
What is American Axle & Manufacturing Holdings, Inc.?
American Axle & Manufacturing Holdings, Inc. is a leading global supplier of driveline and metalforming technologies.
What does cash-settled derivatives mean?
Cash-settled derivatives are financial contracts that are settled in cash rather than through the delivery of the underlying asset.
What was disclosed regarding stock trading?
Recent trades indicated multiple sales of shares at a consistent price, along with the total number of common shares owned by Man Group PLC.
