Source - LSE Regulatory
RNS Number : 9758L
Bank of America Merrill Lynch
17 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

16/12/2025

(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

1,588,357

1.631%

515,482

0.529%

(2)   Cash-settled derivatives

423,461

0.435%

473,873

0.487%

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

0

0.000%

0

0.000%

Total

2,011,818

2.065%

989,355

1.016%

 

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

276

21.36 USD

USD 0.01 common

Purchase

27

21.360741 USD

USD 0.01 common

Purchase

20

21.361 USD

USD 0.01 common

Purchase

24

21.362084 USD

USD 0.01 common

Purchase

19

21.362106 USD

USD 0.01 common

Purchase

23

21.363479 USD

USD 0.01 common

Purchase

22

21.364091 USD

USD 0.01 common

Purchase

41

21.365122 USD

USD 0.01 common

Purchase

26

21.365385 USD

USD 0.01 common

Purchase

48

21.365834 USD

USD 0.01 common

Purchase

5

21.366 USD

USD 0.01 common

Purchase

21

21.368572 USD

USD 0.01 common

Purchase

18

21.368889 USD

USD 0.01 common

Purchase

362

21.37 USD

USD 0.01 common

Purchase

47

21.371915 USD

USD 0.01 common

Purchase

48

21.372084 USD

USD 0.01 common

Purchase

33

21.372122 USD

USD 0.01 common

Purchase

55

21.372182 USD

USD 0.01 common

Purchase

38

21.372369 USD

USD 0.01 common

Purchase

37

21.372433 USD

USD 0.01 common

Purchase

44

21.3725 USD

USD 0.01 common

Purchase

52

21.372885 USD

USD 0.01 common

Purchase

60

21.373167 USD

USD 0.01 common

Purchase

636

21.373806 USD

USD 0.01 common

Purchase

252

21.37381 USD

USD 0.01 common

Purchase

78

21.373847 USD

USD 0.01 common

Purchase

75

21.373867 USD

USD 0.01 common

Purchase

49

21.373878 USD

USD 0.01 common

Purchase

5

21.374 USD

USD 0.01 common

Purchase

43

21.374884 USD

USD 0.01 common

Purchase

50

21.375 USD

USD 0.01 common

Purchase

48

21.375209 USD

USD 0.01 common

Purchase

46

21.375218 USD

USD 0.01 common

Purchase

60

21.375667 USD

USD 0.01 common

Purchase

50

21.3758 USD

USD 0.01 common

Purchase

39

21.375898 USD

USD 0.01 common

Purchase

45

21.376223 USD

USD 0.01 common

Purchase

45

21.376445 USD

USD 0.01 common

Purchase

37

21.378109 USD

USD 0.01 common

Purchase

46

21.378261 USD

USD 0.01 common

Purchase

41

21.379757 USD

USD 0.01 common

Purchase

40

21.38 USD

USD 0.01 common

Purchase

45

21.383556 USD

USD 0.01 common

Purchase

31

21.39 USD

USD 0.01 common

Purchase

19

21.4 USD

USD 0.01 common

Purchase

31

21.37 USD

 

 

Class of relevant
security

Purchase/sale

Number of
securities

Price per unit
(Note 5)

USD 0.01 common

Sale

37

21.36 USD

USD 0.01 common

Sale

8

21.365 USD

USD 0.01 common

Sale

27

21.365186 USD

USD 0.01 common

Sale

5

21.366 USD

USD 0.01 common

Sale

462

21.37 USD

USD 0.01 common

Sale

636

21.373806 USD

USD 0.01 common

Sale

252

21.37381 USD

USD 0.01 common

Sale

78

21.373847 USD

USD 0.01 common

Sale

75

21.373867 USD

USD 0.01 common

Sale

5

21.374 USD

USD 0.01 common

Sale

10,017

21.3748 USD

USD 0.01 common

Sale

6

21.375 USD

USD 0.01 common

Sale

209

21.38 USD

USD 0.01 common

Sale

18

21.385 USD

USD 0.01 common

Sale

3

21.386667 USD

USD 0.01 common

Sale

64

21.39 USD

USD 0.01 common

Sale

12

21.4 USD

USD 0.01 common

Sale

24500

21.3714 USD

USD 0.01 common

Sale

62

21.37 USD

USD 0.01 common

Sale

17

21.4 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

2,769

21.3733 USD

USD 0.01 common

Swaps

Closing a Short Position

24,500

21.3689 USD

USD 0.01 common

Swaps

Reducing a short position

7,248

21.3733 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

17/12/2025

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.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
ITPFLFSLFVLDLIE
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts