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BNP Paribas

Major Shareholding Notification Feb 12, 2025

1158_rns_2025-02-12_7501bc7f-887b-4f19-8ecc-2f193b76df4d.html

Major Shareholding Notification

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National Storage Mechanism | Additional information

RNS Number : 8902W

BNP Paribas London

12 February 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: BNP Paribas SA
(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
Dowlais Group plc
(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
11/02/2025
(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"
Yes

If YES, specify which:

American Axle & Manufacturing Holdings, Inc.

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: GB00BMWRZ071 (1p ordinary)
Interests Short positions
Number % Number %
(1) Relevant securities owned and/or controlled: 28,274,605 2.1029 -1,027,040 -0.0764
(2) Cash-settled derivatives: 864,227 0.0643 -20,227,979 -1.5045
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 0 +0
TOTAL: 29,138,832 2.1672 -21,255,019 -1.5809

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:
Details, including nature of the rights concerned and relevant percentages:

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
GB00BMWRZ071 Purchase 40 .6900 GBP
GB00BMWRZ071 Purchase 50 .6895 GBP
GB00BMWRZ071 Purchase 61 .6900 GBP
GB00BMWRZ071 Purchase 102 .6895 GBP
GB00BMWRZ071 Purchase 115 .6900 GBP
GB00BMWRZ071 Purchase 120 .6900 GBP
GB00BMWRZ071 Purchase 122 .6895 GBP
GB00BMWRZ071 Purchase 122 .6895 GBP
GB00BMWRZ071 Purchase 122 .6895 GBP
GB00BMWRZ071 Purchase 122 .6895 GBP
GB00BMWRZ071 Purchase 122 .6895 GBP
GB00BMWRZ071 Purchase 122 .6895 GBP
GB00BMWRZ071 Purchase 122 .6895 GBP
GB00BMWRZ071 Purchase 122 .6895 GBP
GB00BMWRZ071 Purchase 123 .6900 GBP
GB00BMWRZ071 Purchase 123 .6900 GBP
GB00BMWRZ071 Purchase 123 .6900 GBP
GB00BMWRZ071 Purchase 123 .6900 GBP
GB00BMWRZ071 Purchase 123 .6900 GBP
GB00BMWRZ071 Purchase 123 .6900 GBP
GB00BMWRZ071 Purchase 123 .6900 GBP
GB00BMWRZ071 Purchase 123 .6900 GBP
GB00BMWRZ071 Purchase 123 .6900 GBP
GB00BMWRZ071 Purchase 123 .6900 GBP
GB00BMWRZ071 Purchase 123 .6900 GBP
GB00BMWRZ071 Purchase 123 .6900 GBP
GB00BMWRZ071 Purchase 123 .6900 GBP
GB00BMWRZ071 Purchase 123 .6900 GBP
GB00BMWRZ071 Purchase 123 .6900 GBP
GB00BMWRZ071 Purchase 123 .6900 GBP
GB00BMWRZ071 Purchase 123 .6900 GBP
GB00BMWRZ071 Purchase 128 .6895 GBP
GB00BMWRZ071 Purchase 129 .6895 GBP
GB00BMWRZ071 Purchase 129 .6895 GBP
GB00BMWRZ071 Purchase 133 .6895 GBP
GB00BMWRZ071 Purchase 138 .6900 GBP
GB00BMWRZ071 Purchase 149 .6900 GBP
GB00BMWRZ071 Purchase 150 .6895 GBP
GB00BMWRZ071 Purchase 150 .6900 GBP
GB00BMWRZ071 Purchase 160 .6895 GBP
GB00BMWRZ071 Purchase 161 .6895 GBP
GB00BMWRZ071 Purchase 161 .6895 GBP
GB00BMWRZ071 Purchase 161 .6895 GBP
GB00BMWRZ071 Purchase 162 .6895 GBP
GB00BMWRZ071 Purchase 162 .6895 GBP
GB00BMWRZ071 Purchase 170 .6895 GBP
GB00BMWRZ071 Purchase 173 .6780 GBP
GB00BMWRZ071 Purchase 173 .6895 GBP
GB00BMWRZ071 Purchase 176 .6900 GBP
GB00BMWRZ071 Purchase 180 .6900 GBP
GB00BMWRZ071 Purchase 190 .6895 GBP
GB00BMWRZ071 Purchase 190 .6895 GBP
GB00BMWRZ071 Purchase 190 .6900 GBP
GB00BMWRZ071 Purchase 191 .6900 GBP
GB00BMWRZ071 Purchase 199 .6895 GBP
GB00BMWRZ071 Purchase 199 .6895 GBP
GB00BMWRZ071 Purchase 203 .6900 GBP
GB00BMWRZ071 Purchase 208 .6900 GBP
GB00BMWRZ071 Purchase 209 .6900 GBP
GB00BMWRZ071 Purchase 219 .6900 GBP
GB00BMWRZ071 Purchase 226 .6900 GBP
GB00BMWRZ071 Purchase 233 .6900 GBP
GB00BMWRZ071 Purchase 235 .6900 GBP
GB00BMWRZ071 Purchase 237 .6900 GBP
GB00BMWRZ071 Purchase 241 .6900 GBP
GB00BMWRZ071 Purchase 249 .6900 GBP
GB00BMWRZ071 Purchase 251 .6900 GBP
GB00BMWRZ071 Purchase 268 .6900 GBP
GB00BMWRZ071 Purchase 277 .6900 GBP
GB00BMWRZ071 Purchase 286 .6900 GBP
GB00BMWRZ071 Purchase 286 .6900 GBP
GB00BMWRZ071 Purchase 286 .6900 GBP
GB00BMWRZ071 Purchase 299 .6900 GBP
GB00BMWRZ071 Purchase 305 .6900 GBP
GB00BMWRZ071 Purchase 308 .6900 GBP
GB00BMWRZ071 Purchase 322 .6890 GBP
GB00BMWRZ071 Purchase 356 .6900 GBP
GB00BMWRZ071 Purchase 409 .6900 GBP
GB00BMWRZ071 Purchase 409 .6900 GBP
GB00BMWRZ071 Purchase 409 .6900 GBP
GB00BMWRZ071 Purchase 409 .6900 GBP
GB00BMWRZ071 Purchase 409 .6900 GBP
GB00BMWRZ071 Purchase 426 .6895 GBP
GB00BMWRZ071 Purchase 430 .6900 GBP
GB00BMWRZ071 Purchase 502 .6890 GBP
GB00BMWRZ071 Purchase 536 .6900 GBP
GB00BMWRZ071 Purchase 536 .6900 GBP
GB00BMWRZ071 Purchase 536 .6900 GBP
GB00BMWRZ071 Purchase 536 .6900 GBP
GB00BMWRZ071 Purchase 536 .6900 GBP
GB00BMWRZ071 Purchase 536 .6900 GBP
GB00BMWRZ071 Purchase 536 .6900 GBP
GB00BMWRZ071 Purchase 536 .6900 GBP
GB00BMWRZ071 Purchase 559 .6895 GBP
GB00BMWRZ071 Purchase 559 .6895 GBP
GB00BMWRZ071 Purchase 559 .6895 GBP
GB00BMWRZ071 Purchase 559 .6900 GBP
GB00BMWRZ071 Purchase 559 .6900 GBP
GB00BMWRZ071 Purchase 559 .6900 GBP
GB00BMWRZ071 Purchase 559 .6900 GBP
GB00BMWRZ071 Purchase 559 .6900 GBP
GB00BMWRZ071 Purchase 559 .6900 GBP
GB00BMWRZ071 Purchase 559 .6900 GBP
GB00BMWRZ071 Purchase 559 .6900 GBP
GB00BMWRZ071 Purchase 559 .6900 GBP
GB00BMWRZ071 Purchase 559 .6900 GBP
GB00BMWRZ071 Purchase 559 .6900 GBP
GB00BMWRZ071 Purchase 559 .6900 GBP
GB00BMWRZ071 Purchase 559 .6900 GBP
GB00BMWRZ071 Purchase 559 .6900 GBP
GB00BMWRZ071 Purchase 579 .6895 GBP
GB00BMWRZ071 Purchase 587 .6895 GBP
GB00BMWRZ071 Purchase 606 .6890 GBP
GB00BMWRZ071 Purchase 678 .6895 GBP
GB00BMWRZ071 Purchase 679 .6900 GBP
GB00BMWRZ071 Purchase 683 .6900 GBP
GB00BMWRZ071 Purchase 786 .6890 GBP
GB00BMWRZ071 Purchase 968 .6900 GBP
GB00BMWRZ071 Purchase 1,086 .6895 GBP
GB00BMWRZ071 Purchase 1,196 .6895 GBP
GB00BMWRZ071 Purchase 1,392 .6890 GBP
GB00BMWRZ071 Purchase 1,392 .6890 GBP
GB00BMWRZ071 Purchase 1,510 .6900 GBP
GB00BMWRZ071 Purchase 1,691 .6780 GBP
GB00BMWRZ071 Purchase 1,902 .6900 GBP
GB00BMWRZ071 Purchase 1,902 .6900 GBP
GB00BMWRZ071 Purchase 1,902 .6900 GBP
GB00BMWRZ071 Purchase 1,902 .6900 GBP
GB00BMWRZ071 Purchase 1,902 .6900 GBP
GB00BMWRZ071 Purchase 1,902 .6900 GBP
GB00BMWRZ071 Purchase 1,902 .6900 GBP
GB00BMWRZ071 Purchase 1,902 .6900 GBP
GB00BMWRZ071 Purchase 1,902 .6900 GBP
GB00BMWRZ071 Purchase 1,902 .6900 GBP
GB00BMWRZ071 Purchase 1,902 .6900 GBP
GB00BMWRZ071 Purchase 1,902 .6900 GBP
GB00BMWRZ071 Purchase 1,904 .6895 GBP
GB00BMWRZ071 Purchase 2,500 .6890 GBP
GB00BMWRZ071 Purchase 2,500 .6900 GBP
GB00BMWRZ071 Purchase 2,500 .6900 GBP
GB00BMWRZ071 Purchase 2,500 .6900 GBP
GB00BMWRZ071 Purchase 2,500 .6900 GBP
GB00BMWRZ071 Purchase 2,500 .6900 GBP
GB00BMWRZ071 Purchase 2,500 .6900 GBP
GB00BMWRZ071 Purchase 2,500 .6900 GBP
GB00BMWRZ071 Purchase 2,500 .6900 GBP
GB00BMWRZ071 Purchase 2,500 .6900 GBP
GB00BMWRZ071 Purchase 2,927 .6900 GBP
GB00BMWRZ071 Purchase 3,023 .6880 GBP
GB00BMWRZ071 Purchase 3,034 .6927 GBP
GB00BMWRZ071 Purchase 3,298 .6845 GBP
GB00BMWRZ071 Purchase 3,305 .6880 GBP
GB00BMWRZ071 Purchase 3,305 .6880 GBP
GB00BMWRZ071 Purchase 4,098 .6900 GBP
GB00BMWRZ071 Purchase 4,098 .6900 GBP
GB00BMWRZ071 Purchase 4,098 .6900 GBP
GB00BMWRZ071 Purchase 4,098 .6900 GBP
GB00BMWRZ071 Purchase 4,098 .6900 GBP
GB00BMWRZ071 Purchase 4,098 .6900 GBP
GB00BMWRZ071 Purchase 4,098 .6900 GBP
GB00BMWRZ071 Purchase 4,098 .6900 GBP
GB00BMWRZ071 Purchase 4,098 .6900 GBP
GB00BMWRZ071 Purchase 4,098 .6900 GBP
GB00BMWRZ071 Purchase 4,098 .6900 GBP
GB00BMWRZ071 Purchase 4,342 .6880 GBP
GB00BMWRZ071 Purchase 4,342 .6880 GBP
GB00BMWRZ071 Purchase 4,754 .6865 GBP
GB00BMWRZ071 Purchase 4,754 .6865 GBP
GB00BMWRZ071 Purchase 5,714 .6900 GBP
GB00BMWRZ071 Purchase 5,714 .6900 GBP
GB00BMWRZ071 Purchase 5,937 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6865 GBP
GB00BMWRZ071 Purchase 6,000 .6865 GBP
GB00BMWRZ071 Purchase 6,000 .6865 GBP
GB00BMWRZ071 Purchase 6,000 .6865 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,000 .6900 GBP
GB00BMWRZ071 Purchase 6,299 .6900 GBP
GB00BMWRZ071 Purchase 7,545 .6900 GBP
GB00BMWRZ071 Purchase 8,737 .6780 GBP
GB00BMWRZ071 Purchase 9,681 .6780 GBP
GB00BMWRZ071 Purchase 9,850 .6900 GBP
GB00BMWRZ071 Purchase 10,000 .6900 GBP
GB00BMWRZ071 Purchase 11,427 .6900 GBP
GB00BMWRZ071 Purchase 15,000 .6900 GBP
GB00BMWRZ071 Purchase 15,000 .6900 GBP
GB00BMWRZ071 Purchase 15,000 .6900 GBP
GB00BMWRZ071 Purchase 15,000 .6900 GBP
GB00BMWRZ071 Purchase 15,000 .6900 GBP
GB00BMWRZ071 Purchase 15,000 .6900 GBP
GB00BMWRZ071 Purchase 24,724 .6900 GBP
GB00BMWRZ071 Purchase 25,708 .6782 GBP
GB00BMWRZ071 Purchase 26,629 .6900 GBP
GB00BMWRZ071 Purchase 27,041 .6900 GBP
GB00BMWRZ071 Purchase 32,353 .7000 GBP
GB00BMWRZ071 Purchase 36,040 .7000 GBP
GB00BMWRZ071 Purchase 38,848 .6900 GBP
GB00BMWRZ071 Purchase 40,797 .6900 GBP
GB00BMWRZ071 Purchase 41,326 .7000 GBP
GB00BMWRZ071 Purchase 45,363 .6900 GBP
GB00BMWRZ071 Purchase 47,186 .6875 GBP
GB00BMWRZ071 Purchase 50,000 .6900 GBP
GB00BMWRZ071 Purchase 65,765 .6900 GBP
GB00BMWRZ071 Purchase 78,141 .6900 GBP
GB00BMWRZ071 Purchase 101,417 .6900 GBP
GB00BMWRZ071 Purchase 169,992 .6849 GBP
GB00BMWRZ071 Purchase 240,143 .6780 GBP
GB00BMWRZ071 Purchase 241,439 .6780 GBP
GB00BMWRZ071 Purchase 475,354 .6851 GBP
GB00BMWRZ071 Purchase 515,420 .6900 GBP
GB00BMWRZ071 Sale -185,545 .6881 GBP
GB00BMWRZ071 Sale -152,184 .6921 GBP
GB00BMWRZ071 Sale -77,151 .6780 GBP
GB00BMWRZ071 Sale -36,485 .6894 GBP
GB00BMWRZ071 Sale -31,570 .6907 GBP
GB00BMWRZ071 Sale -25,000 .6780 GBP
GB00BMWRZ071 Sale -18,009 .6863 GBP
GB00BMWRZ071 Sale -14,976 .6944 GBP
GB00BMWRZ071 Sale -13,615 .6920 GBP
GB00BMWRZ071 Sale -10,374 .6827 GBP
GB00BMWRZ071 Sale -9,546 .6779 GBP
GB00BMWRZ071 Sale -9,413 .6867 GBP
GB00BMWRZ071 Sale -7,259 .6893 GBP
GB00BMWRZ071 Sale -7,220 .6740 GBP
GB00BMWRZ071 Sale -5,310 .6907 GBP
GB00BMWRZ071 Sale -3,382 .6863 GBP
GB00BMWRZ071 Sale -1,792 .6779 GBP
GB00BMWRZ071 Sale -1,768 .6867 GBP
GB00BMWRZ071 Sale -682 .6867 GBP
GB00BMWRZ071 Sale -474 .6889 GBP
GB00BMWRZ071 Sale -374 .6780 GBP
GB00BMWRZ071 Sale -128 .6866 GBP

(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
GB00BMWRZ071 Contract for Difference Opening Long Position 37,650 .6780 GBP
GB00BMWRZ071 Contract for Difference Opening Long Position 7,070 .6780 GBP
GB00BMWRZ071 Contract for Difference Closing Long Position -4,377 .6780
GB00BMWRZ071 Contract for Difference Increasing Short Position -131,991 .6780 GBP
GB00BMWRZ071 Contract for Difference Increasing Short Position -31,763 .6780 GBP
GB00BMWRZ071 Contract for Difference Increasing Short Position -311,600 .6780 GBP
GB00BMWRZ071 Contract for Difference Reducing Long Position -173,026 .6780 GBP
GB00BMWRZ071 Contract for Difference Reducing Short Position 203,569 .6780 GBP
GB00BMWRZ071 Contract for Difference Reducing Short Position 36,829 .6780 GBP
GB00BMWRZ071 Contract for Difference Reducing Short Position 6,891 .6780 GBP
GB00BMWRZ071 Contract for Difference Reducing Short Position 161,483 .6780 GBP
GB00BMWRZ071 Contract for Difference Reducing Short Position 54,431 .6780 GBP
GB00BMWRZ071 Contract for Difference Reducing Short Position 58,813 .6780 GBP
GB00BMWRZ071 Contract for Difference Reducing Short Position 3,234 .6780 GBP

(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

(ii)        Exercise

Class of relevant security Product description

e.g. call option
Exercising/ exercised against Number of securities Exercise price per unit

(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)

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: 12/02/2025
###### Contact name: Compliance Control Room
###### Telephone number*: 0207 595 9695

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.

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk .

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END

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