RNS Number : 5511F
Bank of America Merrill Lynch
30 October 2025
 

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:

Bank of America Corporation

(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

AMERICAN AXLE & MANUFACTURING HOLDINGS INC

(d)

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

29/10/2025

(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,
Dowlais Group plc

 

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:

USD 0.01 common


Interests

Short Positions

Number

%

Number

%

(1)

Relevant securities owned
and/or controlled:

1,399,961

1.180%

2,832,341

2.387%

(2)

Cash-settled derivatives:

2,732,011

2.302%

797,989

0.672%

(3)

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

0

0.000%

0

0.000%

TOTAL:

4,131,972

3.482%

3,630,330

3.059%

 

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

USD 0.01 common

Purchase

136

6.44 USD

USD 0.01 common

Purchase

107

6.45 USD

USD 0.01 common

Purchase

107

6.46 USD

USD 0.01 common

Purchase

55

6.48 USD

USD 0.01 common

Purchase

28

6.5 USD

USD 0.01 common

Purchase

41

6.53 USD

USD 0.01 common

Purchase

28

6.54 USD

USD 0.01 common

Purchase

26

6.55 USD

USD 0.01 common

Purchase

28

6.56 USD

USD 0.01 common

Purchase

40

6.62 USD

USD 0.01 common

Purchase

65

6.63 USD

USD 0.01 common

Purchase

2

6.635 USD

USD 0.01 common

Purchase

25,757

6.64 USD

USD 0.01 common

Purchase

126

6.65 USD

USD 0.01 common

Purchase

112

6.66 USD

USD 0.01 common

Purchase

14

6.665 USD

USD 0.01 common

Purchase

17

6.668236 USD

USD 0.01 common

Purchase

220

6.67 USD

USD 0.01 common

Purchase

21

6.674286 USD

USD 0.01 common

Purchase

24

6.675 USD

USD 0.01 common

Purchase

26

6.676924 USD

USD 0.01 common

Purchase

29

6.677932 USD

USD 0.01 common

Purchase

55

6.678 USD

USD 0.01 common

Purchase

28

6.678929 USD

USD 0.01 common

Purchase

29

6.678966 USD

USD 0.01 common

Purchase

142

6.68 USD

USD 0.01 common

Purchase

26

6.681154 USD

USD 0.01 common

Purchase

25

6.6812 USD

USD 0.01 common

Purchase

23

6.686087 USD

USD 0.01 common

Purchase

29

6.69 USD

USD 0.01 common

Purchase

18

6.690556 USD

USD 0.01 common

Purchase

31

6.692904 USD

USD 0.01 common

Purchase

37

6.693514 USD

USD 0.01 common

Purchase

12

6.695 USD

USD 0.01 common

Purchase

121

6.695042 USD

USD 0.01 common

Purchase

32

6.697813 USD

USD 0.01 common

Purchase

26

6.698847 USD

USD 0.01 common

Purchase

26

6.699231 USD

USD 0.01 common

Purchase

30

6.699334 USD

USD 0.01 common

Purchase

21

6.699524 USD

USD 0.01 common

Purchase

62

6.7 USD

USD 0.01 common

Purchase

15

6.702667 USD

USD 0.01 common

Purchase

44

6.704546 USD

USD 0.01 common

Purchase

26

6.706154 USD

USD 0.01 common

Purchase

29

6.706207 USD

USD 0.01 common

Purchase

347

6.71 USD

USD 0.01 common

Purchase

43

6.712326 USD

USD 0.01 common

Purchase

23

6.715218 USD

USD 0.01 common

Purchase

2

6.72 USD

USD 0.01 common

Purchase

17

6.727059 USD

USD 0.01 common

Purchase

16

6.72875 USD

USD 0.01 common

Purchase

17

6.728824 USD

USD 0.01 common

Purchase

175

6.73 USD

USD 0.01 common

Purchase

19

6.732106 USD

USD 0.01 common

Purchase

10

6.736 USD

USD 0.01 common

Purchase

43

6.737442 USD

USD 0.01 common

Purchase

25

6.7392 USD

USD 0.01 common

Purchase

56

6.739822 USD

USD 0.01 common

Purchase

369

6.74 USD

USD 0.01 common

Purchase

35

6.740572 USD

USD 0.01 common

Purchase

35

6.743429 USD

USD 0.01 common

Purchase

20

6.745 USD

USD 0.01 common

Purchase

27

6.745186 USD

USD 0.01 common

Purchase

21

6.745715 USD

USD 0.01 common

Purchase

43

6.745814 USD

USD 0.01 common

Purchase

100

6.746 USD

USD 0.01 common

Purchase

24

6.7475 USD

USD 0.01 common

Purchase

19

6.748422 USD

USD 0.01 common

Purchase

20

6.7485 USD

USD 0.01 common

Purchase

500

6.75 USD

USD 0.01 common

Purchase

18

6.752778 USD

USD 0.01 common

Purchase

100

6.7548 USD

USD 0.01 common

Purchase

25

6.7556 USD

USD 0.01 common

Purchase

30

6.759667 USD

USD 0.01 common

Purchase

13

6.76077 USD

USD 0.01 common

Purchase

14

6.762143 USD

USD 0.01 common

Purchase

48

6.764167 USD

USD 0.01 common

Purchase

16

6.769375 USD

USD 0.01 common

Purchase

24

6.77 USD

USD 0.01 common

Purchase

58

6.770518 USD

USD 0.01 common

Purchase

400

6.64 USD

USD 0.01 common

Purchase

620

6.635 USD

USD 0.01 common

Purchase

1,400

6.645 USD

 

Class of relevant security

Purchase/sale

Number of
securities

Price per unit

USD 0.01 common

Sale

12

6.44 USD

USD 0.01 common

Sale

12

6.45 USD

USD 0.01 common

Sale

23

6.46 USD

USD 0.01 common

Sale

12

6.47 USD

USD 0.01 common

Sale

12

6.5 USD

USD 0.01 common

Sale

1

6.53 USD

USD 0.01 common

Sale

900

6.64 USD

USD 0.01 common

Sale

27,256

6.64 USD

USD 0.01 common

Sale

1,900

6.618901 USD

USD 0.01 common

Sale

500

6.69 USD

USD 0.01 common

Sale

465

6.655 USD

USD 0.01 common

Sale

313

6.66 USD

USD 0.01 common

Sale

300

6.6727 USD

USD 0.01 common

Sale

200

6.6905 USD

USD 0.01 common

Sale

200

6.6622 USD

USD 0.01 common

Sale

200

6.6902 USD

USD 0.01 common

Sale

200

6.6921 USD

USD 0.01 common

Sale

200

6.687 USD

USD 0.01 common

Sale

100

6.6855 USD

USD 0.01 common

Sale

100

6.7133 USD

USD 0.01 common

Sale

100

6.699 USD

USD 0.01 common

Sale

100

6.7144 USD

USD 0.01 common

Sale

100

6.6954 USD

USD 0.01 common

Sale

100

6.7099 USD

USD 0.01 common

Sale

100

6.7173 USD

USD 0.01 common

Sale

100

6.7147 USD

USD 0.01 common

Sale

100

6.6768 USD

USD 0.01 common

Sale

100

6.7103 USD

USD 0.01 common

Sale

100

6.6775 USD

USD 0.01 common

Sale

100

6.7112 USD

USD 0.01 common

Sale

100

6.7001 USD

USD 0.01 common

Sale

100

6.7087 USD

USD 0.01 common

Sale

100

6.678 USD

USD 0.01 common

Sale

100

6.7035 USD

USD 0.01 common

Sale

100

6.6812 USD

USD 0.01 common

Sale

100

6.6963 USD

USD 0.01 common

Sale

100

6.6771 USD

USD 0.01 common

Sale

100

6.6958 USD

USD 0.01 common

Sale

100

6.6983 USD

USD 0.01 common

Sale

66

6.63 USD

 

(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

USD 0.01 common

Swaps - Equity Swaps

Reducing a short position

1697

6.618601 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a short position

6747

6.637500 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a short position

300

6.639500 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a short position

36

6.618601 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a short position

167

6.618601 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a short position

200

6.639500 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a short position

500

6.639500 USD

 

(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

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

(ii)

Exercise

Class of relevant security

Product description
e.g. call option

Exercising/
exercised
against

Number of
securities

Exercise Price per
unit

N/A

N/A

N/A

N/A

N/A

 

(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)

N/A

N/A

N/A

N/A

 

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:

30/10/2025

Contact name:

Kamil Dziedzic

Telephone number:

+353 86 168 4821

 

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.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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.
 
END
 
 
RETWPGCAUUPAGPU