Source - LSE Regulatory
RNS Number : 0425L
Bank of America Merrill Lynch
10 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 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

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 latest
practicable date prior to the disclosure

09/12/2025

(f)

In addition to the company in 1(c) above, is the
discloser 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.

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 owned
and/or controlled:

1,769,885

1.491%

3,113,661

2.623%

(2)

Cash-settled derivatives:

2,993,095

2.522%

1,024,297

0.863%

(3)

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

0

0.000%

0

0.000%

TOTAL:

4,762,980

4.013%

4,137,958

3.486%

 

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

57

6.01 USD

USD 0.01 common

Purchase

15

6.02 USD

USD 0.01 common

Purchase

5

6.05 USD

USD 0.01 common

Purchase

70

6.052715 USD

USD 0.01 common

Purchase

67

6.055672 USD

USD 0.01 common

Purchase

60

6.056667 USD

USD 0.01 common

Purchase

63

6.058731 USD

USD 0.01 common

Purchase

63

6.059048 USD

USD 0.01 common

Purchase

25

6.06 USD

USD 0.01 common

Purchase

32

6.06125 USD

USD 0.01 common

Purchase

69

6.065218 USD

USD 0.01 common

Purchase

29

6.066207 USD

USD 0.01 common

Purchase

53

6.066227 USD

USD 0.01 common

Purchase

32

6.069688 USD

USD 0.01 common

Purchase

30

6.07 USD

USD 0.01 common

Purchase

71

6.070282 USD

USD 0.01 common

Purchase

69

6.070435 USD

USD 0.01 common

Purchase

28

6.071786 USD

USD 0.01 common

Purchase

29

6.075173 USD

USD 0.01 common

Purchase

55

6.075637 USD

USD 0.01 common

Purchase

50

6.0768 USD

USD 0.01 common

Purchase

31

6.07742 USD

USD 0.01 common

Purchase

28

6.078929 USD

USD 0.01 common

Purchase

33

6.079091 USD

USD 0.01 common

Purchase

27

6.07963 USD

USD 0.01 common

Purchase

60

6.079834 USD

USD 0.01 common

Purchase

12

6.08 USD

USD 0.01 common

Purchase

24

6.080417 USD

USD 0.01 common

Purchase

32

6.080938 USD

USD 0.01 common

Purchase

26

6.081154 USD

USD 0.01 common

Purchase

32

6.08125 USD

USD 0.01 common

Purchase

29

6.08138 USD

USD 0.01 common

Purchase

27

6.081482 USD

USD 0.01 common

Purchase

33

6.081819 USD

USD 0.01 common

Purchase

32

6.0825 USD

USD 0.01 common

Purchase

32

6.085 USD

USD 0.01 common

Purchase

27

6.085556 USD

USD 0.01 common

Purchase

6

6.09 USD

USD 0.01 common

Purchase

28

6.096429 USD

USD 0.01 common

Purchase

20

6.1 USD

USD 0.01 common

Purchase

33

6.101819 USD

USD 0.01 common

Purchase

126

6.11 USD

USD 0.01 common

Purchase

12

6.115 USD

USD 0.01 common

Purchase

26

6.119616 USD

USD 0.01 common

Purchase

69

6.12 USD

USD 0.01 common

Purchase

3

6.126667 USD

USD 0.01 common

Purchase

33

6.13 USD

USD 0.01 common

Purchase

14

6.14 USD

USD 0.01 common

Purchase

63

6.075 USD

USD 0.01 common

Purchase

82

6.01 USD

 

Class of relevant security

Purchase/sale

Number of
securities

Price per unit

USD 0.01 common

Sale

344

6.01 USD

USD 0.01 common

Sale

76

6.02 USD

USD 0.01 common

Sale

134

6.04 USD

USD 0.01 common

Sale

417

6.05 USD

USD 0.01 common

Sale

4

6.0525 USD

USD 0.01 common

Sale

15

6.053334 USD

USD 0.01 common

Sale

19

6.054211 USD

USD 0.01 common

Sale

11

6.055455 USD

USD 0.01 common

Sale

20

6.056 USD

USD 0.01 common

Sale

18

6.058334 USD

USD 0.01 common

Sale

15

6.058667 USD

USD 0.01 common

Sale

14

6.059286 USD

USD 0.01 common

Sale

17

6.059412 USD

USD 0.01 common

Sale

799

6.06 USD

USD 0.01 common

Sale

14

6.060715 USD

USD 0.01 common

Sale

14

6.067858 USD

USD 0.01 common

Sale

19

6.067895 USD

USD 0.01 common

Sale

14

6.068572 USD

USD 0.01 common

Sale

47

6.07 USD

USD 0.01 common

Sale

14

6.070715 USD

USD 0.01 common

Sale

19

6.071053 USD

USD 0.01 common

Sale

286

6.075 USD

USD 0.01 common

Sale

18

6.076112 USD

USD 0.01 common

Sale

13

6.076154 USD

USD 0.01 common

Sale

107

6.08 USD

USD 0.01 common

Sale

8

6.085 USD

USD 0.01 common

Sale

3

6.086667 USD

USD 0.01 common

Sale

202

6.09 USD

USD 0.01 common

Sale

164

6.1 USD

USD 0.01 common

Sale

6

6.105 USD

USD 0.01 common

Sale

108

6.11 USD

USD 0.01 common

Sale

8

6.115 USD

USD 0.01 common

Sale

187

6.12 USD

USD 0.01 common

Sale

82

6.13 USD

USD 0.01 common

Sale

14

6.135 USD

USD 0.01 common

Sale

7

6.14 USD

USD 0.01 common

Sale

21

6.15 USD

USD 0.01 common

Sale

43

6.16 USD

USD 0.01 common

Sale

7

6.17 USD

USD 0.01 common

Sale

42

6.19 USD

USD 0.01 common

Sale

36

6.2 USD

USD 0.01 common

Sale

110

6.145 USD

USD 0.01 common

Sale

21,385

6.082945 USD

USD 0.01 common

Sale

16,986

6.01 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

Reducing a Short Position

128

6.082645 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a Short Position

69

6.082645 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a Short Position

136

6.082645 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a Short Position

1,319

6.082645 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a Short Position

3,662

6.082645 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a Short Position

2,512

6.082645 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a Short Position

2,096

6.082645 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a Short Position

1,092

6.082645 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a Short Position

3,803

6.082645 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a Short Position

4,756

6.082645 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a Short Position

16,854

6.004000 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a Short Position

174

6.082645 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a Short Position

69

6.082645 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a Short Position

29

6.082645 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a Short Position

413

6.082645 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a Short Position

625

6.082645 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a Short Position

37

6.082645 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a Short Position

41

6.082645 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a Short Position

63

6.082645 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a Short Position

205

6.082645 USD

USD 0.01 common

Swaps - Equity Swaps

Reducing a Short Position

156

6.082645 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

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

N/A

N/A

N/A

N/A

N/A

 

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing
e.g. subscription, conversion

Details

Price per unit (if applicable)

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"

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 which
any 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:

10/12/2025

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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