REG - BkofA Merrill Lynch American Axle & Mfg. - Form 8.3- American Axle & Manufacturing Holdings

London Stock Exchange
2025.12.02 11:29
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Bank of America Merrill Lynch disclosed its positions in American Axle & Manufacturing Holdings, revealing interests and short positions in relevant securities. The disclosure includes detailed information on securities owned, cash-settled derivatives, and stock-settled derivatives. Additionally, it lists numerous purchases and sales of USD 0.01 common securities, with specific quantities and prices per unit. This is part of a public opening position disclosure under Rule 8.3 of the Takeover Code.

RNS Number : 9041J Bank of America Merrill Lynch 02 December 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 isinsufficient. For a trust, the trustee(s), settlor andbeneficiaries 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 latestpracticable date prior to the disclosure

01/12/2025

  • (f)
  • In addition to the company in 1(c) above, is thediscloser making disclosures in respect of anyother party to the offer? If it is a cash offer or possible cash offer, state "N/A"

YES

If YES, specify which:

(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 ownedand/or controlled:

1,751,081

1.475%

2,991,752

2.521%

  • (2)
  • Cash-settled derivatives:

2,860,981

2.410%

1,072,941

0.904%

  • (3)
  • Stock-settled derivatives(including options) andagreements to purchase/sell:

0

0.000%

0

0.000%

TOTAL:

4,612,062

3.886%

4,064,693

3.424%

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

101

6.43 USD

USD 0.01 common

Purchase

59

6.435255 USD

USD 0.01 common

Purchase

881

6.44 USD

USD 0.01 common

Purchase

293

6.45 USD

USD 0.01 common

Purchase

72

6.450417 USD

USD 0.01 common

Purchase

68

6.461177 USD

USD 0.01 common

Purchase

25

6.4684 USD

USD 0.01 common

Purchase

428

6.47 USD

USD 0.01 common

Purchase

18

6.470556 USD

USD 0.01 common

Purchase

26

6.471539 USD

USD 0.01 common

Purchase

31

6.473226 USD

USD 0.01 common

Purchase

20

6.475 USD

USD 0.01 common

Purchase

22

6.47591 USD

USD 0.01 common

Purchase

23

6.476957 USD

USD 0.01 common

Purchase

17

6.477648 USD

USD 0.01 common

Purchase

49

6.479592 USD

USD 0.01 common

Purchase

241

6.48 USD

USD 0.01 common

Purchase

16

6.480625 USD

USD 0.01 common

Purchase

54

6.482778 USD

USD 0.01 common

Purchase

20

6.483 USD

USD 0.01 common

Purchase

24

6.483334 USD

USD 0.01 common

Purchase

25

6.4836 USD

USD 0.01 common

Purchase

24

6.484167 USD

USD 0.01 common

Purchase

56

6.484822 USD

USD 0.01 common

Purchase

146

6.485 USD

USD 0.01 common

Purchase

100

6.4851 USD

USD 0.01 common

Purchase

21

6.485239 USD

USD 0.01 common

Purchase

49

6.488572 USD

USD 0.01 common

Purchase

22

6.488637 USD

USD 0.01 common

Purchase

100

6.4896 USD

USD 0.01 common

Purchase

87

6.489656 USD

USD 0.01 common

Purchase

100

6.4899 USD

USD 0.01 common

Purchase

488

6.49 USD

USD 0.01 common

Purchase

24

6.490417 USD

USD 0.01 common

Purchase

28

6.491072 USD

USD 0.01 common

Purchase

29

6.491725 USD

USD 0.01 common

Purchase

100

6.4919 USD

USD 0.01 common

Purchase

100

6.4926 USD

USD 0.01 common

Purchase

100

6.4942 USD

USD 0.01 common

Purchase

200

6.4947 USD

USD 0.01 common

Purchase

204

6.495 USD

USD 0.01 common

Purchase

100

6.4952 USD

USD 0.01 common

Purchase

57

6.495264 USD

USD 0.01 common

Purchase

65

6.497077 USD

USD 0.01 common

Purchase

23

6.497392 USD

USD 0.01 common

Purchase

100

6.4978 USD

USD 0.01 common

Purchase

73

6.498083 USD

USD 0.01 common

Purchase

29

6.498276 USD

USD 0.01 common

Purchase

71

6.498733 USD

USD 0.01 common

Purchase

26

6.5 USD

USD 0.01 common

Purchase

80

6.5005 USD

USD 0.01 common

Purchase

100

6.5006 USD

USD 0.01 common

Purchase

23

6.501305 USD

USD 0.01 common

Purchase

26

6.501539 USD

USD 0.01 common

Purchase

64

6.50375 USD

USD 0.01 common

Purchase

96

6.5075 USD

USD 0.01 common

Purchase

23

6.508696 USD

USD 0.01 common

Purchase

28

6.509286 USD

USD 0.01 common

Purchase

76

6.509737 USD

USD 0.01 common

Purchase

679

6.51 USD

USD 0.01 common

Purchase

200

6.5113 USD

USD 0.01 common

Purchase

22

6.511819 USD

USD 0.01 common

Purchase

51

6.511961 USD

USD 0.01 common

Purchase

96

6.512813 USD

USD 0.01 common

Purchase

92

6.513805 USD

USD 0.01 common

Purchase

22

6.514091 USD

USD 0.01 common

Purchase

21

6.514762 USD

USD 0.01 common

Purchase

100

6.5149 USD

USD 0.01 common

Purchase

516

6.515 USD

USD 0.01 common

Purchase

38

6.515264 USD

USD 0.01 common

Purchase

100

6.5154 USD

USD 0.01 common

Purchase

200

6.5162 USD

USD 0.01 common

Purchase

1,130

6.52 USD

USD 0.01 common

Purchase

200

6.5202 USD

USD 0.01 common

Purchase

49

6.521429 USD

USD 0.01 common

Purchase

35

6.522572 USD

USD 0.01 common

Purchase

46

6.523696 USD

USD 0.01 common

Purchase

36

6.524167 USD

USD 0.01 common

Purchase

25

6.5244 USD

USD 0.01 common

Purchase

36

6.524445 USD

USD 0.01 common

Purchase

46

6.524566 USD

USD 0.01 common

Purchase

906

6.525 USD

USD 0.01 common

Purchase

33

6.525152 USD

USD 0.01 common

Purchase

27

6.525186 USD

USD 0.01 common

Purchase

21

6.525239 USD

USD 0.01 common

Purchase

32

6.525625 USD

USD 0.01 common

Purchase

10

6.526 USD

USD 0.01 common

Purchase

41

6.526342 USD

USD 0.01 common

Purchase

46

6.52674 USD

USD 0.01 common

Purchase

33

6.527273 USD

USD 0.01 common

Purchase

26

6.527308 USD

USD 0.01 common

Purchase

215

6.53 USD

USD 0.01 common

Purchase

45

6.530889 USD

USD 0.01 common

Purchase

46

6.539566 USD

USD 0.01 common

Purchase

134

6.54 USD

USD 0.01 common

Purchase

56

6.541429 USD

USD 0.01 common

Purchase

23

6.548261 USD

USD 0.01 common

Purchase

32

6.549688 USD

USD 0.01 common

Purchase

12

6.55 USD

USD 0.01 common

Purchase

41

6.550488 USD

USD 0.01 common

Purchase

27

6.550741 USD

USD 0.01 common

Purchase

46

6.551305 USD

USD 0.01 common

Purchase

55

6.552182 USD

USD 0.01 common

Purchase

52

6.554424 USD

USD 0.01 common

Purchase

31

6.554517 USD

USD 0.01 common

Purchase

33

6.554546 USD

USD 0.01 common

Purchase

24

6.554584 USD

USD 0.01 common

Purchase

30

6.554667 USD

USD 0.01 common

Purchase

76

6.557764 USD

USD 0.01 common

Purchase

4

6.56 USD

USD 0.01 common

Purchase

40

6.563 USD

USD 0.01 common

Purchase

35

6.569429 USD

USD 0.01 common

Purchase

76

6.569737 USD

USD 0.01 common

Purchase

15

6.57 USD

USD 0.01 common

Purchase

39

6.571283 USD

USD 0.01 common

Purchase

4

6.58 USD

USD 0.01 common

Purchase

60

6.583834 USD

USD 0.01 common

Purchase

40

6.58875 USD

USD 0.01 common

Purchase

500

6.59 USD

USD 0.01 common

Purchase

49

6.594694 USD

USD 0.01 common

Purchase

70

6.599858 USD

USD 0.01 common

Purchase

7

6.57 USD

USD 0.01 common

Purchase

107

6.555 USD

USD 0.01 common

Purchase

142

6.498662 USD

USD 0.01 common

Purchase

185

6.55 USD

USD 0.01 common

Purchase

2,088

6.44 USD

USD 0.01 common

Purchase

20

6.545 USD

USD 0.01 common

Purchase

25

6.4757 USD

Class of relevant security

Purchase/sale

Number of

securities

Price per unit

USD 0.01 common

Sale

3

6.44 USD

USD 0.01 common

Sale

3

6.45 USD

USD 0.01 common

Sale

3

6.49 USD

USD 0.01 common

Sale

3

6.5 USD

USD 0.01 common

Sale

22

6.51 USD

USD 0.01 common

Sale

21

6.52 USD

USD 0.01 common

Sale

35

6.53 USD

USD 0.01 common

Sale

15

6.57 USD

USD 0.01 common

Sale

3,267

6.50666 USD

USD 0.01 common

Sale

2,031

6.44 USD

USD 0.01 common

Sale

2

6.43 USD

USD 0.01 common

Sale

1

6.42 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

Increasing a Short Position

142

6.498962 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a Short Position

3,215

6.506360 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a Short Position

52

6.506360 USD

  • (c)
  • Stock-settled derivative transactions (including options)
  • (i)
  • Writing, selling, purchasing or varying

Class

of

relevant security

N/A

Product description e.g. call option

N/A

Writing, purchasing, selling, varying etc.

N/A

Number

of

securities to which option relates

N/A

Exercise

price

per unit

N/A

Type

e.g. American, European etc.

N/A

Expiry date

N/A

Option money paid/ received per unit

N/A

  • (ii)
  • Exercise

Class of relevant security

N/A

Product description

e.g. call option

N/A

Exercising/

exercised

against

N/A

Number of

securities

N/A

Exercise Price per

unit

N/A

  • (d)
  • Other dealings (including subscribing for new securities)

Class of relevant security

N/A

Nature of dealing

e.g. subscription, conversion

N/A

Details

N/A

Price per unit (if applicable)

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 partyto 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 suchagreements, 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 whichany 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:

02/12/2025

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.

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