RNS Number : 0802N Citadel Group 20 July 2026  

Ap27

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

Citadel Group

(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.

N/A

(c)   Name of offeror/offeree in relation to whose relevant securities this form relates

Use a separate form for each offeror/offeree

BRERA HOLDINGS PLC

(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree (Note 1)

N/A

(e)   Date position held/dealing undertaken

For an opening position disclosure, state the latest practicable date prior to the disclosure

17 July 2026

(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"

YES

FORWARD INDUSTRIES INC

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.

Ap28

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)

ISIN IE0009876H30

$0.50 class B ordinary shares

Interests

Short positions

Number

%

Number

%

(1)   Relevant securities owned and/or controlled

276,621

2.51

0

0.00

(2)   Cash-settled derivatives

0

0.00

0

0.00

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

0

0.00

0

0.00

Total

276,621

2.51

0

0.00

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)

Common

Buy Transaction

2

5.0200 USD

Common

Buy Transaction

50

5.0286 USD

Common

Buy Transaction

500

5.0422 USD

Common

Buy Transaction

294

5.0582 USD

Common

Buy Transaction

706

5.0582 USD

Common

Buy Transaction

1

5.0700 USD

Common

Buy Transaction

3

5.0733 USD

Common

Buy Transaction

83

5.0800 USD

Common

Buy Transaction

1

5.1100 USD

Common

Buy Transaction

56

5.1157 USD

Common

Buy Transaction

1,366

5.1523 USD

Common

Buy Transaction

222

5.1779 USD

Common

Buy Transaction

437

5.1800 USD

Common

Buy Transaction

308

5.1807 USD

Common

Buy Transaction

147

5.1864 USD

Common

Buy Transaction

194

5.1884 USD

Common

Buy Transaction

64

5.1963 USD

Common

Buy Transaction

1,000

5.2000 USD

Common

Buy Transaction

8

5.2050 USD

Common

Buy Transaction

74

5.2214 USD

Common

Buy Transaction

271

5.2542 USD

Common

Buy Transaction

1

5.3600 USD

Common

Buy Transaction

2

5.3900 USD

Common

Buy Transaction

29

5.3986 USD

Common

Sell Transaction

400

5.0400 USD

Common

Sell Transaction

145

5.0484 USD

Common

Sell Transaction

200

5.0500 USD

Common

Sell Transaction

4

5.0575 USD

Common

Sell Transaction

1

5.0600 USD

Common

Sell Transaction

472

5.0800 USD

Common

Sell Transaction

300

5.0900 USD

Common

Sell Transaction

3

5.1300 USD

Common

Sell Transaction

13

5.1392 USD

Common

Sell Transaction

45

5.1509 USD

Common

Sell Transaction

93

5.1601 USD

Common

Sell Transaction

50

5.1800 USD

Common

Sell Transaction

56

5.1861 USD

Common

Sell Transaction

97

5.1884 USD

Common

Sell Transaction

58

5.1941 USD

Common

Sell Transaction

47

5.1972 USD

Common

Sell Transaction

1

5.2200 USD

Common

Sell Transaction

1

5.2300 USD

Common

Sell Transaction

4

5.2500 USD

Common

Sell Transaction

39

5.2513 USD

Common

Sell Transaction

3

5.2533 USD

Common

Sell Transaction

200

5.3000 USD

Common

Sell Transaction

2

5.3900 USD

Common

Sell Transaction

10

5.4000 USD

Common

Sell Transaction

2

5.4200 USD

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(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)

(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

(ii)           Exercise

  • Class of

    relevant

    security

  • Product

    description

    e.g. call

    option

  • Exercising/

    exercised

    against

  • Number of

    securities

  • Exercise

    price per

    unit

    (Note 5)

(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)

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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

  • 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.

  • None

(c)           Attachments

  • Is a Supplemental Form 8 attached?

  • NO

Date of disclosure

20 July 2026

Contact name

Paula Santos

Telephone number

020 7645 9700

Public disclosures under Rule 8.3 of the Rules must be made to a Regulatory Information Service.

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