Latest news with #DowlaisGroup
Yahoo
a day ago
- Business
- Yahoo
Man Group PLC : Form 8.3 - American Axle & Manufacturing Holdings Inc
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the 'Code') 1. KEY INFORMATION (a) Full name of discloser: Man Group PLC (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 12/06/2025 (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' Offeree: Dowlais Group plc 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: 835,900.00 0.71 (2) Cash-settled derivatives: 1,017,992.00 0.87 (3) Stock-settled derivatives (including options) and agreements to purchase/sell: TOTAL: 835,900.00 0.71 1,017,992.00 0.87 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 USD 0.01 common Sale 172 4.440 USD USD 0.01 common Sale 7,400 4.440 USD USD 0.01 common Sale 1,134 4.440 USD USD 0.01 common Sale 712 4.440 USD USD 0.01 common Sale 5,600 4.440 USD (b) Cash-settled derivative transactions Class of relevant security Product descriptione.g. CFD Nature of dealinge.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit USD 0.01 common Equity Swap Increasing a short position 4,343 4.420 USD USD 0.01 common Equity Swap Increasing a short position 47,845 4.420 USD USD 0.01 common Equity Swap Increasing a short position 3,056 4.420 USD USD 0.01 common Equity Swap Increasing a short position 572 4.420 USD USD 0.01 common Equity Swap Increasing a short position 18,030 4.420 USD USD 0.01 common Equity Swap Increasing a short position 1,076 4.420 USD USD 0.01 common Equity Swap Increasing a short position 9,132 4.420 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 Typee.g. American, European etc. Expiry date Option money paid/ received per unit (ii) Exercise Class of relevant security Product descriptione.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 dealinge.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? NODate of disclosure: 13/06/2025 Contact name: Mackenzie Terry Telephone number: +442071441555 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 in to access your portfolio
Reuters
15-04-2025
- Automotive
- Reuters
UK stocks rise after Trump hints at possible auto tariff reprieve
April 15 (Reuters) - UK's main indexes rose on Tuesday with financial shares leading the broad-based gains after U.S. President Donald Trump signalled possible exemptions on auto-related levies, while investors also assessed job market data for monetary policy insights amid global economic uncertainty. As of 0958 GMT, the blue-chip FTSE 100 index (.FTSE), opens new tab was up 0.9% and the midcap index (.FTMC), opens new tab gained 0.5%. Trump indicated he was considering adjusting the 25% tariffs on foreign auto and auto parts imports from Mexico, Canada and other regions. This followed Friday's exemption of smartphones, computers and other electronics from his "reciprocal" tariffs. After recent market selloffs, investors seized on the positive news, pushing shares higher for the second consecutive session. Luxury carmaker Aston Martin (AML.L), opens new tab and automotive parts supplier Dowlais Group (DWL.L), opens new tab advanced 4% and 2%, respectively. Investment banking and brokerage service index (.FTNMX302020), opens new tab led gains, rising 3%, with investment firm 3I group (III.L), opens new tab topping the FTSE 100 with a 4% increase after Citigroup raised its target price on the stock. Precious metal miners also strengthened as gold prices climbed, with investors turning to the safe-haven asset amid ongoing uncertainty about U.S. tariff plans. Fresnillo (FRES.L), opens new tab, Hochschild (HOCM.L), opens new tab and Endeavour Mining (EDV.L), opens new tab gained between 4% to 2%. Aerospace and Defence index (.FTNMX502010), opens new tab climbed 2%, with Rolls Royce rising 2.4% after the Pentagon named Rolls-Royce Solutions America as the principal contractor for a potential sale of Eitan PowerPack engines to Israel. Frasers (FRAS.L), opens new tab was among the top performers on the midcap index, up 3.3%, after the sportswear and fashion group announced an agreement with Australian footwear retailer Accent Group ( opens new tab to launch and operate Sports Direct across Australia and New Zealand. On the data front, Britain's labour market weakened ahead of this month's tax hike on employers, but wage growth remained strong, complicating the job for the Bank of England, which is also expecting an economic hit from U.S. trade tariffs. Investors were pricing a more than 90% probability on the BoE cutting rates by a quarter of a percentage point on May 8.
Yahoo
27-01-2025
- Business
- Yahoo
Bullish Dowlais Group Insiders Loaded Up On UK£738.8k Of Stock
Generally, when a single insider buys stock, it is usually not a big deal. However, when several insiders are buying, like in the case of Dowlais Group plc (LON:DWL), it sends a favourable message to the company's shareholders. While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing. Check out our latest analysis for Dowlais Group In the last twelve months, the biggest single purchase by an insider was when CEO & Director Liam Butterworth bought UK£256k worth of shares at a price of UK£0.81 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being UK£0.68). It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. In the last twelve months Dowlais Group insiders were buying shares, but not selling. They paid about UK£0.71 on average. This is nice to see since it implies that insiders might see value around current prices. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction! Dowlais Group is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying. For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Our data suggests Dowlais Group insiders own 0.3% of the company, worth about UK£2.6m. We prefer to see high levels of insider ownership. The fact that there have been no Dowlais Group insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. The transactions are fine but it'd be more encouraging if Dowlais Group insiders bought more shares in the company. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Be aware that Dowlais Group is showing 2 warning signs in our investment analysis, and 1 of those shouldn't be ignored... If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
27-01-2025
- Business
- Yahoo
Bullish Dowlais Group Insiders Loaded Up On UK£738.8k Of Stock
Generally, when a single insider buys stock, it is usually not a big deal. However, when several insiders are buying, like in the case of Dowlais Group plc (LON:DWL), it sends a favourable message to the company's shareholders. While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing. Check out our latest analysis for Dowlais Group In the last twelve months, the biggest single purchase by an insider was when CEO & Director Liam Butterworth bought UK£256k worth of shares at a price of UK£0.81 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being UK£0.68). It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. In the last twelve months Dowlais Group insiders were buying shares, but not selling. They paid about UK£0.71 on average. This is nice to see since it implies that insiders might see value around current prices. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction! Dowlais Group is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying. For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Our data suggests Dowlais Group insiders own 0.3% of the company, worth about UK£2.6m. We prefer to see high levels of insider ownership. The fact that there have been no Dowlais Group insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. The transactions are fine but it'd be more encouraging if Dowlais Group insiders bought more shares in the company. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Be aware that Dowlais Group is showing 2 warning signs in our investment analysis, and 1 of those shouldn't be ignored... If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
