Key Information About Man Group PLC Disclosures
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.
(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
This section covers the positions that Man Group PLC holds regarding the securities of the noted companies. It is crucial to disclose all interests, as these positions can significantly influence trading decisions in the market.
(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following any dealings:
Class of relevant security: USD 0.01 common
Interests owned: 433,748.00 (0.36% of total shares).
Short positions: 1,860,302.00 (1.56% of total shares held).
Dealings Overview
If there are dealings in more than one class of relevant securities of the offeror or offeree, details should be provided.
Relevant details of cash-settled and stock-settled derivative transactions are essential to keep the market informed. Here are the recent activities related to the common stock:
Recent Transactions
Purchases and Sales: Transactions included purchases, sales, and variations of various options and securities.
Types of Derivatives
Man Group PLC has participated in derivatives relating to the USD 0.01 common stock, increasing short positions as seen in recent swap contracts.
Additional Information Regarding Derivatives
1. Details of any indemnity or option arrangements: None disclosed.
2. Agreements relating to derivatives: No agreements or understandings were reported.
The integrity of all disclosures is critical to maintaining transparency in the market, especially with substantial stakes like those held by Man Group. Their activities reveal strategic positioning and the willingness to engage in complex financial instruments.
Contact Information
If you need to inquire further, please contact:
Name: Molly Childs
Telephone: +442071443714
Frequently Asked Questions
What is the purpose of Form 8.3?
Form 8.3 is used to disclose interests in relevant securities, ensuring transparency in financial markets.
Who is required to submit Form 8.3?
Any individual or institution with significant interests (1% or more) in relevant securities must submit the form.
What securities did Man Group PLC disclose interest in?
Man Group PLC disclosed its interest in American Axle & Manufacturing Holdings, Inc. and other related parties.
What are cash-settled and stock-settled derivatives?
Cash-settled derivatives are contracts settled in cash, while stock-settled derivatives involve actual stock transactions.
How can I contact Man Group PLC for more information?
You can reach out to Molly Childs at +442071443714 for any inquiries.
