Key Disclosure Information from Man Group PLC
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: Dowlais Group plc
(e) Date position held/dealing undertaken: Latest date prior to the disclosure
(f) Is the discloser making disclosures in respect of any other party to the offer?
YES
Offeror: 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, additional tables will be provided for each class.
(a) Interests and short positions
Relevant securities owned and controlled are detailed in the enclosed table, highlighting various class positions and percentages held. The total relevant securities controlled amount to 21,528,428.00, equating to 1.63%.
Interests concerning cash-settled derivatives, along with stock-settled derivatives must be acknowledged. For cash-settled derivatives, there are significant positions held significantly influencing market dealings.
(b) Rights to subscribe for new securities (including options)
Details on subscription rights relating to securities will follow, ensuring that all disclosures meet regulatory obligations. This includes comprehensive insights concerning various options and rights associated with the investment positions held.
3. DEALINGS BY THE PERSON MAKING THE DISCLOSURE
Any recent dealings, including purchases and sales within the stipulated class of relevant securities, shall be accounted for. A detailed examination of cash-settled derivative transactions will be provided, showcasing the nature, number, and total volume of securities dealt with.
4. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
There are no indemnity arrangements or agreements that might act as inducements to either deal or refrain from dealing, confirming a commitment to transparent dealings.
(b) Agreements, arrangements, or understandings relating to options or derivatives
Details concerning any agreements regarding voting rights or future acquisitions related to derivatives shall also be outlined. Currently, there are no binding arrangements or understandings outside standard market agreements.
Contact Information
Contact Name: Molly Childs
Telephone Number: +442071443714
Public disclosures under Rule 8 of the Code must be made to appropriate Regulatory Information Services, ensuring the utmost clarity and compliance with all financial regulations.
Frequently Asked Questions
What is the purpose of this disclosure?
This disclosure serves to inform the market of significant interests and positions held by Man Group PLC in relation to Dowlais Group plc.
Who is involved in the disclosure?
The discloser is Man Group PLC, with an interest in Dowlais Group plc and connections to American Axle & Manufacturing Holdings, Inc.
How many securities does Man Group PLC hold?
Man Group PLC has reported holding 21,528,428.00 relevant securities, representing 1.63% of the total.
Are there any short positions held?
Current disclosures indicate interest positions, but specifics regarding short positions should be clarified through future updates.
How can I contact Man Group PLC?
You can reach out to Molly Childs at +442071443714 for more information or inquiries about this disclosure.
