Form 8.3 - The Vanguard Group, Inc.: Quanex Building Products Corporation (2024)

Market Closed - Nyse

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04:00:03 2024-06-21 pm EDT
5-day change 1st Jan Change
28.7 USD -0.55% Form 8.3 - The Vanguard Group, Inc.: Quanex Building Products Corporation (1) -0.07% -6.12%
Jun. 12 Quanex Expects Tyman Takeover to Conclude on Schedule MT
Jun. 07 Transcript : Quanex Building Products Corporation, Q2 2024 Earnings Call, Jun 07, 2024

June 18, 2024 at 08:42 am EDT

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The Vanguard Group, Inc. ( )
Form 8.3 - The Vanguard Group, Inc.: Quanex Building Products Corporation

18-Jun-2024 / 13:41 GMT/BST

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:

The Vanguard Group, Inc.

(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

Quanex Building Products Corporation

(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

17 June 2024

(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”

No

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.

  1. 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:

Common

Interests

Short positions

Number

%

Number

%

(1)Relevant securities owned and/or controlled:

3,721,510

11.24%

(2)Cash-settled derivatives:

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

TOTAL:

3,721,510

11.24%

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 Form8 (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

Common

Purchase

8,670

29.37 USD

(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

(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:

18 June 2024

Contact name:

Shawn Acker

Telephone number*:

001-610-669-6713

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.


Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Category Code:RET - Quanex Building Products Corporation
TIDM:
LEI Code:5493002789CX3L0CJP65
Sequence No.:328754
EQS News ID:1927921

End of AnnouncementEQS News Service

Form 8.3 - The Vanguard Group, Inc.: Quanex Building Products Corporation (2)

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© EQS - 2024

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Quanex Expects Tyman Takeover to Conclude on Schedule MT
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RE
Quanex Building Products Keeps Quarterly Dividend at $0.08 a Share, Payable June 28 to Shareholders of Record June 14 MT
Quanex Building Products Corporation Declares Quarterly Dividend, Payable on June 28, 2024 CI
Tyman revenue falls in first four months of 2024 on subdued market AN
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US Equity Markets Close Higher Monday Ahead of Busy Earnings Week MT
New record close for FTSE 100 as war fears ease AN
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A little reprieve before the corporate earnings rush Form 8.3 - The Vanguard Group, Inc.: Quanex Building Products Corporation (5)
Hipgnosis Songs and Tyman jump on takeover talk AN
Quanex Strikes $1.1 Billion Cash-Stock Deal to Buy British Firm Tyman MT
Quanex Building Products Enters Deal to Acquire Tyman plc for $1.1 Billion in Enterprise Value MT
Tyman Agrees to US-based Quanex’s GBP788 Million Takeover Bid MT
Tyman accepts GBP788 million cash and shares bid from Quanex AN
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Chart Quanex Building Products Corporation

Form 8.3 - The Vanguard Group, Inc.: Quanex Building Products Corporation (6)

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Company Profile

Quanex Building Products Corporation manufactures components for original equipment manufacturers (OEM) in the building products industry. The Company's components can be categorized as window and door (fenestration) components, and kitchen and bath cabinet components. Its fenestration components include flexible insulating glass spacers, extruded vinyl profiles, window and door screens, and precision-formed metal and wood products. It operates through three segments: North American Fenestration segment, which is engaged in manufacturing vinyl profiles, insulating glass (IG) spacers, screens and other fenestration components; European Fenestration segment, which includes United Kingdom-based vinyl extrusion business, manufacturing vinyl profiles and conservatories, and the European insulating glass business manufacturing IG spacers, and North American Cabinet Components segment, which includes North American cabinet door and components business and two wood-manufacturing plants.

Sector

Calendar

2024-07-12

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for Quanex Building Products Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B

More Ratings

Analysts' Consensus

Sell

Form 8.3 - The Vanguard Group, Inc.: Quanex Building Products Corporation (7)

Buy

Mean consensus

BUY

Number of Analysts

1

Last Close Price

28.7USD

Average target price

38.33USD

Spread / Average Target

+33.57%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

1st Jan change Capi.

QUANEX BUILDING PRODUCTS CORPORATION

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FORTUNE BRANDS INNOVATIONS, INC.

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AGC INC.

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Form 8.3 - The Vanguard Group, Inc.: Quanex Building Products Corporation (18)

Form 8.3 - The Vanguard Group, Inc.:  Quanex Building Products Corporation (2024)

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