RNS Number : 5080M Citadel Group 15 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

14 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

255,315

2.31

401

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

255,315

2.31

401

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

300

5.5200 USD

Common

Buy Transaction

343

5.5571 USD

Common

Buy Transaction

72

5.5600 USD

Common

Buy Transaction

100

5.5700 USD

Common

Buy Transaction

350

5.5843 USD

Common

Buy Transaction

772

5.5855 USD

Common

Buy Transaction

1

5.5900 USD

Common

Buy Transaction

1,265

5.6157 USD

Common

Buy Transaction

4

5.6400 USD

Common

Buy Transaction

68

5.6406 USD

Common

Buy Transaction

304

5.6600 USD

Common

Buy Transaction

430

5.6721 USD

Common

Buy Transaction

25

5.6796 USD

Common

Buy Transaction

16

5.6800 USD

Common

Buy Transaction

460

5.6916 USD

Common

Buy Transaction

3,885

5.6944 USD

Common

Buy Transaction

500

5.7098 USD

Common

Buy Transaction

100

5.7100 USD

Common

Buy Transaction

11,010

5.7191 USD

Common

Buy Transaction

1

5.7200 USD

Common

Buy Transaction

10

5.7270 USD

Common

Buy Transaction

100

5.7302 USD

Common

Buy Transaction

17

5.7359 USD

Common

Buy Transaction

392

5.7432 USD

Common

Buy Transaction

2

5.7500 USD

Common

Buy Transaction

1,750

5.7553 USD

Common

Buy Transaction

120

5.7600 USD

Common

Buy Transaction

276

5.7652 USD

Common

Buy Transaction

20

5.7710 USD

Common

Buy Transaction

2

5.7750 USD

Common

Buy Transaction

15

5.7800 USD

Common

Buy Transaction

221

5.7857 USD

Common

Buy Transaction

86

5.7926 USD

Common

Buy Transaction

100

5.8000 USD

Common

Buy Transaction

2

5.8550 USD

Common

Buy Transaction

200

5.8700 USD

Common

Buy Transaction

400

5.8800 USD

Common

Buy Transaction

753

5.9000 USD

Common

Buy Transaction

121

5.9100 USD

Common

Buy Transaction

1,080

5.9539 USD

Common

Buy Transaction

56

5.9643 USD

Common

Buy Transaction

50

6.0410 USD

Common

Buy Transaction

10

6.1100 USD

Common

Buy Transaction

516

6.1200 USD

Common

Buy Transaction

1

6.1900 USD

Common

Buy Transaction

2,438

6.1901 USD

Common

Buy Transaction

562

6.1901 USD

Common

Buy Transaction

31

6.2100 USD

Common

Buy Transaction

56

6.2346 USD

Common

Buy Transaction

105

6.2376 USD

Common

Buy Transaction

9

6.2600 USD

Common

Buy Transaction

7

6.2900 USD

Common

Buy Transaction

82

6.3000 USD

Common

Buy Transaction

891

6.3045 USD

Common

Buy Transaction

100

6.3400 USD

Common

Buy Transaction

137

6.3500 USD

Common

Buy Transaction

500

6.3700 USD

Common

Buy Transaction

163

6.3708 USD

Common

Buy Transaction

103

6.3800 USD

Common

Buy Transaction

1,000

6.4000 USD

Common

Buy Transaction

101

6.4100 USD

Common

Buy Transaction

325

6.4400 USD

Common

Buy Transaction

42

6.4500 USD

Common

Buy Transaction

35

6.4569 USD

Common

Buy Transaction

69

6.6300 USD

Common

Sell Transaction

10

5.5100 USD

Common

Sell Transaction

230

5.5270 USD

Common

Sell Transaction

313

5.5600 USD

Common

Sell Transaction

9,000

5.5900 USD

Common

Sell Transaction

100

5.5935 USD

Common

Sell Transaction

117

5.6215 USD

Common

Sell Transaction

30

5.6400 USD

Common

Sell Transaction

230

5.6600 USD

Common

Sell Transaction

4

5.6800 USD

Common

Sell Transaction

2

5.7000 USD

Common

Sell Transaction

200

5.7050 USD

Common

Sell Transaction

100

5.7100 USD

Common

Sell Transaction

199

5.7145 USD

Common

Sell Transaction

24

5.7192 USD

Common

Sell Transaction

3

5.7200 USD

Common

Sell Transaction

10

5.7300 USD

Common

Sell Transaction

8,741

5.7449 USD

Common

Sell Transaction

6

5.7617 USD

Common

Sell Transaction

712

5.7623 USD

Common

Sell Transaction

1

5.7700 USD

Common

Sell Transaction

30

5.7933 USD

Common

Sell Transaction

507

5.8238 USD

Common

Sell Transaction

3,177

5.8340 USD

Common

Sell Transaction

454

5.8444 USD

Common

Sell Transaction

500

5.8640 USD

Common

Sell Transaction

291

5.8780 USD

Common

Sell Transaction

4,534

5.8901 USD

Common

Sell Transaction

100

5.9000 USD

Common

Sell Transaction

165

5.9061 USD

Common

Sell Transaction

15

5.9100 USD

Common

Sell Transaction

2

5.9500 USD

Common

Sell Transaction

1,500

6.0067 USD

Common

Sell Transaction

1

6.0300 USD

Common

Sell Transaction

161

6.1039 USD

Common

Sell Transaction

41

6.1051 USD

Common

Sell Transaction

5,630

6.1320 USD

Common

Sell Transaction

502

6.1400 USD

Common

Sell Transaction

100

6.1950 USD

Common

Sell Transaction

308

6.2109 USD

Common

Sell Transaction

50

6.2200 USD

Common

Sell Transaction

16

6.2731 USD

Common

Sell Transaction

82

6.2999 USD

Common

Sell Transaction

2,100

6.3000 USD

Common

Sell Transaction

133

6.3300 USD

Common

Sell Transaction

2

6.3500 USD

Common

Sell Transaction

536

6.3513 USD

Common

Sell Transaction

325

6.4400 USD

Common

Sell Transaction

505

6.4920 USD

Common

Sell Transaction

38

6.6400 USD

Common

Sell Transaction

480

6.6410 USD

Common

Sell Transaction

101

6.6415 USD

Ap29

(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)

Ap30

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

15 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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