RNS Number : 6452K J.P. Morgan Securities LLC 01 July 2026  

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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

J.P.Morgan Securities LLC

(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

Forward Industries Inc.

(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

30 June 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, Brera Holdings plc

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.

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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:

$0.01 ordinary shares

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

2,970,046

4.03

996,937

1.35

(2) Cash-settled derivatives:

832,424

1.13

208,970

0.28

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

0

0.00

0

0.00

TOTAL:

3,802,470

5.16

1,205,907

1.63

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

$0.01 ordinary shares

Purchase

Purchase

Purchase

Purchase

Purchase

Purchase

Purchase

Purchase

Purchase

Purchase

Purchase

Purchase

Purchase

Purchase

Purchase

Purchase

Purchase

Purchase

Purchase

Purchase

Purchase

Purchase

Purchase

Purchase

Purchase

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

824

438

173

4206

150

80

70

24

26714

24

100

4996

7534

764

200

1900

100

3796

937

197

400

790

2104

584

1130

824

346

173

2493

24

26714

24

10427

1352

4737

500

4000

728

600

258

200

1286

677

100

776

4996

7534

564

4.2500 USD

4.1950 USD

4.2550 USD

4.2200 USD

4.1550 USD

4.1450 USD

4.1600 USD

4.1500 USD

4.2293 USD

4.2450 USD

4.2100 USD

4.2178 USD

4.2371 USD

4.2650 USD

4.2350 USD

4.2424 USD

4.2159 USD

4.2448 USD

4.2083 USD

4.2102 USD

4.2206 USD

4.2056 USD

4.2128 USD

4.2165 USD

4.2324 USD

4.2500 USD

4.1950 USD

4.2550 USD

4.2200 USD

4.1500 USD

4.2293 USD

4.2450 USD

4.2250 USD

4.2246 USD

4.2538 USD

4.2270 USD

4.2294 USD

4.2320 USD

4.2208 USD

4.2189 USD

4.2000 USD

4.2236 USD

4.2137 USD

4.2100 USD

4.2176 USD

4.2178 USD

4.2371 USD

4.2650 USD

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(b)           Cash-settled derivative transactions

Class of relevant security

$0.01 ordinary shares

Product description

e.g. CFD

Equity Swap

Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position

Increase Long

Increase Short

Number of reference

securities

26,714

4,996

124

7,534

Price per unit

4.2293 USD

4.2178 USD

4.2200 USD

4.2371 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

(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"

(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

01 July 2026

Contact name

Hetvi Shah

Telephone number

44 2034 936359

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

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NOTES ON FORM 8.3

1.             See the definition of "connected fund manager" in Rule 2.2 of Part A of the Rules.

2.             See the definition of "interest in a relevant security" in Rule 2.5 of Part A of the Rules and see Rule 8.6(a) and (b) of Part B of the Rules.

3.             See the definition of "relevant securities" in Rule 2.1 of Part A of the Rules.

4.             See the definition of "dealing" in Rule 2.1 of Part A of the Rules.

5.             If the economic exposure to changes in the price of securities is limited, for example, by virtue of a stop loss arrangement relating to a spread bet, full details must be given.

6.             See Rule 2.5(d) of Part A of the Rules.

7.             If details included in a disclosure under Rule 8 are incorrect, they should be corrected as soon as practicable in a subsequent disclosure. Such disclosure should state clearly that it corrects details disclosed previously, identify the disclosure or disclosures being corrected, and provide sufficient detail for the reader to understand the nature of the corrections. In the case of any doubt, the Panel should be consulted.

For full details of disclosure requirements, see Rule 8 of the Rules. If in doubt, consult the Panel.

References in these notes to "the Rules" are to the Irish Takeover Panel Act, 1997, Takeover Rules, 2022.

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