Source - LSE Regulatory
RNS Number : 7924L
Bank of America Merrill Lynch
16 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

15/12/2025

(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

1,528,360

1.569%

517,761

0.532%

(2)   Cash-settled derivatives

423,461

0.435%

508,390

0.522%

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

0

0.000%

0

0.000%

Total

1,951,821

2.004%

1,026,151

1.054%

 

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

359

21.39 USD

USD 0.01 common

Purchase

34

21.393236 USD

USD 0.01 common

Purchase

32

21.393438 USD

USD 0.01 common

Purchase

29

21.394138 USD

USD 0.01 common

Purchase

27

21.394815 USD

USD 0.01 common

Purchase

12

21.395 USD

USD 0.01 common

Purchase

95

21.395053 USD

USD 0.01 common

Purchase

52

21.395385 USD

USD 0.01 common

Purchase

26

21.39577 USD

USD 0.01 common

Purchase

10

21.396 USD

USD 0.01 common

Purchase

3

21.396667 USD

USD 0.01 common

Purchase

45

21.397334 USD

USD 0.01 common

Purchase

150

21.4 USD

USD 0.01 common

Purchase

37

21.408109 USD

USD 0.01 common

Purchase

558

21.41 USD

USD 0.01 common

Purchase

48

21.410209 USD

USD 0.01 common

Purchase

37

21.410271 USD

USD 0.01 common

Purchase

31

21.410323 USD

USD 0.01 common

Purchase

27

21.410371 USD

USD 0.01 common

Purchase

27

21.410741 USD

USD 0.01 common

Purchase

26

21.41077 USD

USD 0.01 common

Purchase

27

21.412223 USD

USD 0.01 common

Purchase

44

21.4125 USD

USD 0.01 common

Purchase

43

21.413256 USD

USD 0.01 common

Purchase

184

21.413805 USD

USD 0.01 common

Purchase

504

21.41381 USD

USD 0.01 common

Purchase

32

21.414375 USD

USD 0.01 common

Purchase

58

21.415 USD

USD 0.01 common

Purchase

21

21.415239 USD

USD 0.01 common

Purchase

17

21.415295 USD

USD 0.01 common

Purchase

9

21.415556 USD

USD 0.01 common

Purchase

21

21.416667 USD

USD 0.01 common

Purchase

46

21.417174 USD

USD 0.01 common

Purchase

15

21.418667 USD

USD 0.01 common

Purchase

382

21.42 USD

USD 0.01 common

Purchase

17

21.424706 USD

USD 0.01 common

Purchase

4

21.425 USD

USD 0.01 common

Purchase

15

21.425334 USD

USD 0.01 common

Purchase

17

21.425883 USD

USD 0.01 common

Purchase

15

21.426 USD

USD 0.01 common

Purchase

20

21.4265 USD

USD 0.01 common

Purchase

3

21.426667 USD

USD 0.01 common

Purchase

16

21.426875 USD

USD 0.01 common

Purchase

16

21.4275 USD

USD 0.01 common

Purchase

19

21.427895 USD

USD 0.01 common

Purchase

15

21.428667 USD

USD 0.01 common

Purchase

201

21.43 USD

USD 0.01 common

Purchase

4

21.435 USD

USD 0.01 common

Purchase

95

21.44 USD

USD 0.01 common

Purchase

20

21.39 USD

USD 0.01 common

Purchase

28

21.43 USD

USD 0.01 common

Purchase

124

21.42 USD

 

 

Class of relevant
security

Purchase/sale

Number of
securities

Price per unit
(Note 5)

USD 0.01 common

Sale

1

21.38 USD

USD 0.01 common

Sale

29

21.385173 USD

USD 0.01 common

Sale

99

21.39 USD

USD 0.01 common

Sale

44

21.395 USD

USD 0.01 common

Sale

35

21.395143 USD

USD 0.01 common

Sale

7

21.395715 USD

USD 0.01 common

Sale

10

21.396 USD

USD 0.01 common

Sale

3

21.396667 USD

USD 0.01 common

Sale

296

21.4 USD

USD 0.01 common

Sale

21

21.405239 USD

USD 0.01 common

Sale

13

21.405385 USD

USD 0.01 common

Sale

89

21.41 USD

USD 0.01 common

Sale

9,674

21.411 USD

USD 0.01 common

Sale

184

21.413805 USD

USD 0.01 common

Sale

504

21.41381 USD

USD 0.01 common

Sale

204

21.42 USD

USD 0.01 common

Sale

146

21.43 USD

USD 0.01 common

Sale

14

21.44 USD

USD 0.01 common

Sale

6

21.45 USD

USD 0.01 common

Sale

32,100

21.4134 USD

USD 0.01 common

Sale

78

21.39 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 long position

28

21.432 USD

USD 0.01 common

Swaps

Reducing a short position

32,100

21.4109 USD

USD 0.01 common

Swaps

Reducing a short position

7,000

21.4095 USD

USD 0.01 common

Swaps

Reducing a short position

2,674

21.4095 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

16/12/2025

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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