Source - LSE Regulatory
RNS Number : 7193J
Bank of America Merrill Lynch
01 December 2025
 

 

FORM 8.3

 

IRISH TAKEOVER PANEL

 

OPENING POSITION DISCLOSURE/DEALING DISCLOSURE UNDER RULE 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER

RULES, 2022 BY PERSONS WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

 

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

AVADEL PHARMACEUTICALS PLC

(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree (Note 1)


(e)   Date position held/dealing undertaken

For an opening position disclosure, state the latest practicable date prior to the disclosure

28/11/2025

(f)    In addition to the company in 1(c) above, is the discloser also making disclosures in respect of any other party to the offer?

If it is a cash offer or possible cash offer, state "N/A"

No

 

 

 

 

 

2.             INTERESTS AND SHORT POSITIONS

 

If there are interests and short positions to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2 for each additional class of relevant security.

Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

(Note 2)

 

Class of relevant security
(Note 3)

0.01 ordinary shares


Interests

Short positions

Number

%

Number

%

(1)   Relevant securities owned and/or controlled

2,804,362

2.879%

1,016,986

1.044%

(2)   Cash-settled derivatives

140,908

0.145%

859,739

0.883%

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

0

0.000%

0

0.000%

Total

2,945,270

3.024%

1,876,725

1.927%

 

All interests and all short positions should be disclosed.

 

Details of options including rights to subscribe for new securities and 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.

 

3.             DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE (Note 4)

 

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
(Note 5)

USD 0.01 common

Purchase

400

21.41 USD

USD 0.01 common

Purchase

29

21.411035 USD

USD 0.01 common

Purchase

33

21.411516 USD

USD 0.01 common

Purchase

30

21.414667 USD

USD 0.01 common

Purchase

30

21.417 USD

USD 0.01 common

Purchase

34

21.417059 USD

USD 0.01 common

Purchase

38

21.417895 USD

USD 0.01 common

Purchase

39

21.418975 USD

USD 0.01 common

Purchase

200

21.42 USD

USD 0.01 common

Purchase

34

21.420589 USD

USD 0.01 common

Purchase

19

21.422632 USD

USD 0.01 common

Purchase

16

21.425625 USD

USD 0.01 common

Purchase

2

21.43 USD

USD 0.01 common

Purchase

16

21.4375 USD

USD 0.01 common

Purchase

100

21.44 USD

USD 0.01 common

Purchase

33

21.444849 USD

USD 0.01 common

Purchase

400

21.445 USD

USD 0.01 common

Purchase

171

21.45 USD

USD 0.01 common

Purchase

19

21.457369 USD

USD 0.01 common

Purchase

601

21.46 USD

USD 0.01 common

Purchase

20

21.462 USD

USD 0.01 common

Purchase

24

21.4625 USD

USD 0.01 common

Purchase

30

21.463334 USD

USD 0.01 common

Purchase

25

21.4636 USD

USD 0.01 common

Purchase

19

21.463685 USD

USD 0.01 common

Purchase

27

21.465926 USD

USD 0.01 common

Purchase

20

21.4695 USD

USD 0.01 common

Purchase

30

21.469667 USD

USD 0.01 common

Purchase

229

21.47 USD

USD 0.01 common

Purchase

34

21.472648 USD

USD 0.01 common

Purchase

32

21.47375 USD

USD 0.01 common

Purchase

20

21.4755 USD

USD 0.01 common

Purchase

16

21.475625 USD

USD 0.01 common

Purchase

15

21.476 USD

USD 0.01 common

Purchase

1,080

21.48 USD

USD 0.01 common

Purchase

28

21.481429 USD

USD 0.01 common

Purchase

21

21.484762 USD

USD 0.01 common

Purchase

120

21.485 USD

USD 0.01 common

Purchase

25

21.4872 USD

USD 0.01 common

Purchase

22

21.487273 USD

USD 0.01 common

Purchase

20

21.4885 USD

USD 0.01 common

Purchase

88

21.49 USD

USD 0.01 common

Purchase

20

21.4905 USD

USD 0.01 common

Purchase

59

21.490678 USD

USD 0.01 common

Purchase

20

21.4915 USD

USD 0.01 common

Purchase

40

21.494 USD

USD 0.01 common

Purchase

21

21.494762 USD

USD 0.01 common

Purchase

21

21.495715 USD

USD 0.01 common

Purchase

21

21.498572 USD

USD 0.01 common

Purchase

299

21.5 USD

USD 0.01 common

Purchase

63

21.500477 USD

USD 0.01 common

Purchase

20

21.501 USD

USD 0.01 common

Purchase

20

21.502 USD

USD 0.01 common

Purchase

20

21.506 USD

USD 0.01 common

Purchase

73

21.51 USD

USD 0.01 common

Purchase

53

21.515095 USD

USD 0.01 common

Purchase

20

21.5175 USD

USD 0.01 common

Purchase

22

21.517728 USD

USD 0.01 common

Purchase

24

21.524167 USD

USD 0.01 common

Purchase

22

21.526364 USD

USD 0.01 common

Purchase

185

21.53 USD

USD 0.01 common

Purchase

50

21.535 USD

USD 0.01 common

Purchase

500

21.54 USD

USD 0.01 common

Purchase

75

21.49 USD

 

 

 

 

Class of relevant
security

Purchase/sale

Number of
securities

Price per unit
(Note 5)

USD 0.01 common

Sale

44

21.42 USD

USD 0.01 common

Sale

11

21.43 USD

USD 0.01 common

Sale

34

21.46 USD

USD 0.01 common

Sale

23

21.47 USD

USD 0.01 common

Sale

23

21.48 USD

USD 0.01 common

Sale

95

21.49 USD

USD 0.01 common

Sale

1,779

21.495998 USD

USD 0.01 common

Sale

16

21.5 USD

USD 0.01 common

Sale

2

21.52 USD

USD 0.01 common

Sale

11

21.53 USD

USD 0.01 common

Sale

15

21.54 USD

USD 0.01 common

Sale

6

21.57 USD

USD 0.01 common

Sale

30

21.49 USD

USD 0.01 common

Sale

8

21.51 USD

USD 0.01 common

Sale

6

21.5 USD

USD 0.01 common

Sale

6

21.55 USD

USD 0.01 common

Sale

5

21.53 USD

USD 0.01 common

Sale

1

21.57 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
(Note 6)

Price
per unit
(Note 5)

 

 USD

USD 0.01 common

Swaps

Reducing a short position

102

21.4945 USD

USD 0.01 common

Swaps

Reducing a short position

1677

21.4945 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
(Note 6)

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
(Note 5)

N/A

N/A

N/A

N/A

N/A

 

(d)           Other dealings (including transactions in respect of new securities) (Note 3)

 

Class of
relevant
security

Nature of dealing
e.g. subscription,
conversion, exercise

Details

Price per unit (if
applicable)
(Note 5)

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"

 

 

(b)           Agreements, arrangements or understandings relating to options or derivatives

 

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.

 

 

(c)           Attachments

 

Is a Supplemental Form 8 attached?

No

 

Date of disclosure

01/12/2025

Contact name

Kamil Dziedzic

Telephone number

+353 86 168 4821

 

Public disclosures under Rule 8.3 of the Rules must be made to a Regulatory Information Service.

 

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END
 
 
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