Form 8.5 EPT/Non RI DOWLAIS GROUP PLC

May 09 2025 18:50 BSTSource: RNS

RNS Number : 1542I

Barclays PLC

09 May 2025

FORM 8.5 (EPT/NON-RI)
Amendment - this form replaces RNS number 7098H published at 11:47 on 07/05/2025, changes made to section 2a and 3A
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN
EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS
(OR WHERE RI STATUS IS NOT APPLICABLE)
Rule 8.5 of the Takeover Code (the "Code")
1.	KEY INFORMATION
(a)	Name of exempt principal trader:			BARCLAYS CAPITAL SECURITIES LTD
(b)	Name of offeror/offeree in relation to whose relevant securities this form relates:			DOWLAIS GROUP PLC
(c)	Name of the party to the offer with which exempt principal trader is connected			DOWLAIS GROUP PLC
(d)	Date position held/dealing undertaken:			06 May 2025
(e)	In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer?			YES: AMERICAN AXLE & MANUFACTURING HOLDINGS INC
2.	POSITIONS OF THE EXEMPT PRINCIPAL TRADER
(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
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				48,128,729	3.58%	2,530,426	0.18%
(2) Cash-settled derivatives:				1,112,306	0.08%	47,342,208	3.52%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				49,241,035	3.66%	49,872,634	3.70%

(b)	Rights to subscribe for new securities (including directors and other executive 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 EXEMPT PRINCIPAL TRADER
(a)	Purchase and sales
Class of relevant security	Purchase/sale	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
1p ordinary	Purchase	4361868	0.6260 GBP	0.6187 GBP
1p ordinary	Sale	2820437	0.6260 GBP	0.6162 GBP

(b)	Cash-settled derivative transactions
Class of relevant security	Product description	Nature of dealing	Number of reference securities	Price per unit
1p ordinary	SWAP	Decreasing Short	37,327	0.6162 GBP
1p ordinary	SWAP	Decreasing Short	1,747	0.6192 GBP
1p ordinary	SWAP	Decreasing Short	323,940	0.6193 GBP
1p ordinary	SWAP	Decreasing Short	4,891	0.6197 GBP
1p ordinary	SWAP	Decreasing Short	179,281	0.6199 GBP
1p ordinary	SWAP	Decreasing Short	370,068	0.6200 GBP
1p ordinary	SWAP	Decreasing Short	229,866	0.6201 GBP
1p ordinary	SWAP	Decreasing Short	313,726	0.6202 GBP
1p ordinary	SWAP	Decreasing Short	1,441	0.6205 GBP
1p ordinary	SWAP	Decreasing Short	47,708	0.6208 GBP
1p ordinary	SWAP	Decreasing Short	137,550	0.6209 GBP
1p ordinary	SWAP	Decreasing Short	72,549	0.6214 GBP
1p ordinary	SWAP	Decreasing Short	352,340	0.6215 GBP
1p ordinary	SWAP	Decreasing Short	138,482	0.6216 GBP
1p ordinary	SWAP	Decreasing Short	18,058	0.6217 GBP
1p ordinary	SWAP	Decreasing Short	896	0.6220 GBP
1p ordinary	SWAP	Increasing Short	227	0.6187 GBP
1p ordinary	SWAP	Increasing Short	124	0.6200 GBP
1p ordinary	SWAP	Increasing Short	2,800	0.6207 GBP
1p ordinary	SWAP	Increasing Short	782,996	0.6208 GBP
1p ordinary	SWAP	Increasing Short	136,444	0.6210 GBP
1p ordinary	SWAP	Increasing Short	2,000,000	0.6214 GBP
1p ordinary	SWAP	Increasing Short	105,474	0.6215 GBP
1p ordinary	SWAP	Increasing Short	24,850	0.6216 GBP
1p ordinary	SWAP	Increasing Short	105,133	0.6217 GBP
1p ordinary	SWAP	Increasing Short	1,570	0.6225 GBP
1p ordinary	SWAP	Increasing Short	227,515	0.6226 GBP
1p ordinary	SWAP	Increasing Short	11,900	0.6248 GBP
1p ordinary	CFD	Increasing Long	27,946	0.6211 GBP
1p ordinary	CFD	Decreasing Long	470,846	0.6215 GBP
1p ordinary	CFD	Decreasing Long	5,148	0.6220 GBP

(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class of relevant security	Product description	Writing, purchasing, selling, varying etc	Number of securities to which option relates	Exercise price per unit	Type	Expiry date	Option money paid/ received per unit


(ii)	Exercising
Class of relevant security	Product description	Exercising/ exercised against	Number of securities	Exercise price per unit


(d)	Other dealings (including subscribing for new securities)
Class of relevant security	Nature of Dealings	Details	Price per unit (if applicable)

4.	OTHER INFORMATION
(a)	Indemnity and other dealings 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 exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
NONE
(b)	Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader 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 of future acquisition or disposal of any relevant securities to which any derivative is referenced:
NONE
(c)	Attachments
Is a Supplemental Form 8 (Open Positions) attached?				NO
Date of disclosure:				09 May 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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Form 8.5 EPT/Non RI DOWLAIS GROUP PLC