REG - Barclays PLC Dowlais Group PLC - Form 8.5 EPT/Non RI DOWLAIS GROUP PLC

BarclaysAnnouncement

Today 11:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250916:nRSP5395Za&default-theme=true

RNS Number : 5395Z  Barclays PLC  16 September 2025

 FORM 8.5 (EPT/NON-RI)
 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                                                  DOWLAIS GROUP PLC
                  relevant securities this form relates:
 (c)              Name of the party to the offer with which exempt                                              DOWLAIS GROUP PLC
                  principal trader is connected
 (d)              Date position held/dealing undertaken:                                                        15 Sep 2025
 (e)              In addition to the company in 1(b) above, is the exempt principal                             YES:
                  trader making disclosures in respect of any other party to the offer?                         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:                                                        84,466,056          6.42%                     1,730,202                 0.13%
 (2)              Cash-settled derivatives:
                  and/or controlled:                                                        1,252,312           0.10%                     84,160,160                6.39%
 (3)              Stock-settled derivatives (including options)
                  and agreements to purchase/sell:                                          0                   0.00%                     0                         0.00%

                  TOTAL:                                                                    85,718,368          6.51%                     85,890,362                6.52%
 (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)              Purchases and sales
 Class of relevant                                  Purchase/sale                           Total number of                               Highest price per unit    Lowest price per unit
 security                                                                                   securities                                    paid/received             paid/received
 1p ordinary                                        Purchase                                1,438,326                                     0.7942  GBP               0.7830  GBP
 1p ordinary                                        Sale                                    427,744                                       0.7990  GBP               0.7854  GBP

 (b)              Cash-settled derivative transactions
 Class of                                           Product                                 Nature of dealing                             Number of                 Price per
 relevant                                           description                                                                           reference                 unit
 security                                                                                                                                 securities
 1p ordinary                                        SWAP                                    Decreasing Short                              20,217                    0.7911  GBP
 1p ordinary                                        SWAP                                    Decreasing Short                              493                       0.7854  GBP
 1p ordinary                                        SWAP                                    Decreasing Short                              305                       0.7861  GBP
 1p ordinary                                        SWAP                                    Decreasing Short                              1,982                     0.7868  GBP
 1p ordinary                                        SWAP                                    Decreasing Short                              3,717                     0.7884  GBP
 1p ordinary                                        SWAP                                    Decreasing Short                              2,215                     0.7888  GBP
 1p ordinary                                        SWAP                                    Decreasing Short                              2,462                     0.7890  GBP
 1p ordinary                                        SWAP                                    Decreasing Short                              2,229                     0.7903  GBP
 1p ordinary                                        SWAP                                    Decreasing Short                              13,478                    0.7906  GBP
 1p ordinary                                        SWAP                                    Decreasing Short                              6,570                     0.7908  GBP
 1p ordinary                                        SWAP                                    Decreasing Short                              1,948                     0.7914  GBP
 1p ordinary                                        SWAP                                    Decreasing Short                              7,033                     0.7915  GBP
 1p ordinary                                        SWAP                                    Decreasing Short                              809                       0.7919  GBP
 1p ordinary                                        SWAP                                    Decreasing Short                              34                        0.7922  GBP
 1p ordinary                                        SWAP                                    Decreasing Short                              17,570                    0.7933  GBP
 1p ordinary                                        SWAP                                    Decreasing Short                              28,058                    0.7934  GBP
 1p ordinary                                        SWAP                                    Decreasing Short                              6,599                     0.7935  GBP
 1p ordinary                                        SWAP                                    Decreasing Short                              60,779                    0.7990  GBP
 1p ordinary                                        SWAP                                    Decreasing Short                              569                       0.8000  GBP
 1p ordinary                                        SWAP                                    Increasing Short                              25,000                    0.7830  GBP
 1p ordinary                                        SWAP                                    Increasing Short                              1,839                     0.7873  GBP
 1p ordinary                                        SWAP                                    Increasing Short                              11,967                    0.7881  GBP
 1p ordinary                                        SWAP                                    Increasing Short                              5,327                     0.7895  GBP
 1p ordinary                                        SWAP                                    Increasing Short                              14,192                    0.7896  GBP
 1p ordinary                                        SWAP                                    Increasing Short                              21,794                    0.7906  GBP
 1p ordinary                                        SWAP                                    Increasing Short                              28,019                    0.7910  GBP
 1p ordinary                                        SWAP                                    Increasing Short                              16,556                    0.7912  GBP
 1p ordinary                                        SWAP                                    Increasing Short                              6,061                     0.7913  GBP
 1p ordinary                                        SWAP                                    Increasing Short                              1,000,000                 0.7923  GBP
 1p ordinary                                        SWAP                                    Increasing Short                              192                       0.7925  GBP
 1p ordinary                                        SWAP                                    Increasing Short                              39,185                    0.7927  GBP
 1p ordinary                                        SWAP                                    Increasing Short                              49,506                    0.7935  GBP
 1p ordinary                                        SWAP                                    Increasing Short                              5,674                     0.7990  GBP
 1p ordinary                                        CFD                                     Increasing Long                               21,751                    0.7914  GBP
 1p ordinary                                        CFD                                     Increasing Long                               5,649                     0.7930  GBP
 1p ordinary                                        CFD                                     Increasing Long                               11,036                    0.7989  GBP

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

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

 (d)              Other dealings (including subscribing for new securities)
 Class of relevant                                  Nature of Dealings                      Details                                       Price per unit (if
 security                                                                                                                                 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:                                                                        16 Sep 2025
 Contact name:                                                                              Large Holdings Regulatory Operations
 Telephone number:                                                                          020 3134 7213

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  FEOEANNKFSNSEEA