Form 8.5 EPT/Non RI DOWLAIS GROUP PLC Replacement

Barclays PLC

17 September 2025

 

FORM 8.5 Amendment - this form replaces RNS number 5395Z published at 11:02 on 16/09/2025, changes made to section 3B
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:			15 Sep 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:				84,466,056	6.42%	1,730,202	0.13%
(2) Cash-settled derivatives:				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)	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	1438326	0.7942  GBP	0.7830  GBP
1p ordinary	Sale	427744	0.7990  GBP	0.7854  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	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	569	0.8000  USD
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  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:				17 Sep 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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