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 | 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 | Purchase/sale | Number of | Price per unit |
| 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 | Purchase/sale | Number of | Price per unit |
| 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 | Product | Nature of dealing | Number of | Price
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 | Product | Writing, purchasing, selling, varying | Number | Exercise | Type | Expiry | Option |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
(ii) Exercise
| Class of | Product | Exercising/ | Number of | Exercise |
| N/A | N/A | N/A | N/A | N/A |
(d) Other dealings (including transactions in respect of new securities) (Note 3)
| Class of | Nature of dealing | Details | Price per unit (if |
| 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" |
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(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. |
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(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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