{"success":true,"data":{"pressRelease":{"id":"140689","rtpr_id":"nBw2nD7nHa-20260910","ticker":"ROR","exchange":"LSE","all_tickers":["ROR"],"title":"REG-Millennium Partners, L.P. Form 8.3","author":"Business Wire","published_at":"2026-09-10T14:25:00.443Z","article_body":"Form 8.3\n\n \n\nFORM 8.3\n\nPUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY\n\nA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE\n\nRule 8.3 of the Takeover Code (the “Code”)\n\n1. KEY INFORMATION\n (a) Full name of discloser:                                                          Millennium International Management LP  \n (b) Owner or controller of interests and short positions disclosed, if                                                       \n different from 1(a):                                                                                                         \n \n                                                                                                                            \n \nThe naming of nominee or vehicle companies is insufficient. For a trust, the                                                \n trustee(s), settlor and beneficiaries must be named.                                                                         \n (c) Name of offeror/offeree in relation to whose relevant securities this form       Rotork plc                              \n relates:                                                                                                                     \n \n                                                                                                                            \n \nUse a separate form for each offeror/offeree                                                                                \n (d) If an exempt fund manager connected with an offeror/offeree, state this                                                  \n and specify identity of offeror/offeree:                                                                                     \n (e) Date position held/dealing undertaken:                                           9(th) September 2026                    \n \n                                                                                                                            \n \nFor an opening position disclosure, state the latest practicable date prior to                                              \n the disclosure                                                                                                               \n (f) In addition to the company in 1(c) above, is the discloser making                No                                      \n disclosures in respect of any other party to the offer?                                                                      \n \n                                                                                                                            \n \nIf it is a cash offer or possible cash offer, state “N/A”                                                                   \n\n\n2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE\n\nIf there are positions or rights to subscribe to disclose in more than one\nclass of relevant securities of the offeror or offeree named in 1(c), copy\ntable 2(a) or (b) (as appropriate) for each additional class of relevant\nsecurity.\n\n(a) Interests and short positions in the relevant securities of the offeror or\nofferee to which the disclosure relates following the dealing (if any)\n Class of relevant security:                                              0.5p Ordinary (GB00BVFNZH21)                              \n                                                                          Interests                         Short positions         \n \n                                                                                                                                  \n \n                                                                                                                                  \n                                                                          Number             %              Number          %       \n (1) Relevant securities owned and/or controlled:                         -                  -              -               -       \n (2) Cash-settled derivatives:                                            39,092,456         4.784%         -               -       \n \n                                                                                                                                  \n \n                                                                                                                                  \n (3) Stock-settled derivatives (including options) and agreements to      -                  -              -               -       \n purchase/sell:                                                                                                                     \n                                                                          39,092,456         4.784%         -               -       \n \n                                                                                                                                  \n \nTOTAL:                                                                                                                            \n\n\nAll interests and all short positions should be disclosed.\n\nDetails of any open stock-settled derivative positions (including traded\noptions), or agreements to purchase or sell relevant securities, should be\ngiven on a Supplemental Form 8 (Open Positions).\n\n(b) Rights to subscribe for new securities (including directors’ and other\nemployee options)\n Class of relevant security in relation to which subscription right exists:           \n Details, including nature of the rights concerned and relevant percentages:          \n\n\n3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE\n\nWhere there have been dealings in more than one class of relevant securities\nof the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as\nappropriate) for each additional class of relevant security dealt in.\n\nThe currency of all prices and other monetary amounts should be stated.\n\n(a) Purchases and sales\n Class of relevant security      Purchase/sale      Number of securities      Price per unit (GBP)  \n                                 \n                                                                  \n                                 \n                                                                  \n                                                                                                    \n\n\n(b) Cash-settled derivative transactions\n Class of relevant security      Product description      Nature of dealing                                                                  Number of reference securities      Price per unit  \n                                 \n                        \n                                                                                                                      \n               \n                                 \ne.g. CFD                \ne.g. opening/closing a long/short position, increasing/reducing a long/short                                          \n               \n                                                          position                                                                                                                               \n GB00BVFNZH21                    Equity Swap              Increasing a Long Position                                                         111,876                             4.84 GBP        \n GB00BVFNZH21                    Equity Swap              Reducing a Long Position                                                           562                                 4.84 GBP        \n GB00BVFNZH21                    Equity Swap              Increasing a Long Position                                                         1,840                               4.84 GBP        \n GB00BVFNZH21                    Equity Swap              Increasing a Long Position                                                         169,109                             4.84 GBP        \n GB00BVFNZH21                    Equity Swap              Increasing a Long Position                                                         33,848                              4.84 GBP        \n GB00BVFNZH21                    Equity Swap              Increasing a Long Position                                                         200,000                             4.85 GBP        \n GB00BVFNZH21                    Equity Swap              Reducing a Long Position                                                           238                                 4.84 GBP        \n GB00BVFNZH21                    Equity Swap              Reducing a Long Position                                                           1,157                               4.84 GBP        \n GB00BVFNZH21                    Equity Swap              Increasing a Long Position                                                         189,703                             4.84 GBP        \n GB00BVFNZH21                    Equity Swap              Increasing a Long Position                                                         3,987                               4.84 GBP        \n GB00BVFNZH21                    Equity Swap              Increasing a Long Position                                                         25,048                              4.84 GBP        \n GB00BVFNZH21                    Equity Swap              Increasing a Long Position                                                         250,000                             4.84 GBP        \n\n\n(c) Stock-settled derivative transactions (including options)\n\n(i) Writing, selling, purchasing or varying\n 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                               Expiry date      Option money paid/ received per unit  \n                                                                                                                                                                                                          \n                                                                                         \n                                                                                                                                                                                                          \ne.g. American, European etc.                                                             \n                                                                                                                                                                                                                                                                                                    \n\n\n(ii) Exercise\n Class of relevant security      Product description      Exercising/ exercised against      Number of securities      Exercise price per unit  \n                                 \n                                                                                                              \n                                 \ne.g. call option                                                                                              \n                                                                                                                                                \n                                                                                                                       \n                        \n                                                                                                                       \n                        \n\n\n(d) Other dealings (including subscribing for new securities)\n Class of relevant security      Nature of dealing                   Details      Price per unit (if applicable)  \n                                 \n                                                                                \n                                 \ne.g. subscription, conversion                                                   \n                                                                                                                  \n                                 \n                                                                                \n                                 \n                                                                                \n\n\n4. OTHER INFORMATION\n\n(a) Indemnity and other dealing arrangements\n Details of any indemnity or option arrangement, or any agreement or              \n understanding, formal or informal, relating to relevant securities which may     \n be an inducement to deal or refrain from dealing entered into by the person      \n making the disclosure and any party to the offer or any person acting in         \n concert with a party to the offer:                                               \n \n                                                                                \n \nIrrevocable commitments and letters of intent should not be included. If there  \n are no such agreements, arrangements or understandings, state “none”             \n                                                                                  \n \n                                                                                \n \nNONE                                                                            \n \n                                                                                \n \n                                                                                \n\n\n(b) Agreements, arrangements or understandings relating to options or\nderivatives\n Details of any agreement, arrangement or understanding, formal or informal,  \n between the person making the disclosure and any other person relating to:   \n \n                                                                            \n \n(i) the voting rights of any relevant securities under any option; or       \n \n                                                                            \n \n(ii) the voting rights or future acquisition or disposal of any relevant    \n securities to which any derivative is referenced:                            \n \n                                                                            \n \nIf there are no such agreements, arrangements or understandings, state      \n “none”                                                                       \n                                                                              \n \n                                                                            \n \nNONE                                                                        \n \n                                                                            \n \n                                                                            \n\n\n(c) Attachments\n Is a Supplemental Form 8 (Open Positions) attached?      NO  \n\n Date of disclosure:      10(th) September 2026  \n Contact name:            Stephen Glasper        \n                          \n                      \n                          \n                      \n Telephone number:        +44 203 398 2166       \n\n\nPublic disclosures under Rule 8 of the Code must be made to a Regulatory\nInformation Service and must also be emailed to the Takeover Panel at\nmonitoring@disclosure.org.uk (mailto:monitoring@disclosure.org.uk) . The\nPanel’s Market Surveillance Unit is available for consultation in relation\nto the Code’s disclosure requirements on +44 (0)20 7638 0129.\n\nThe Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.thetakeoverpanel.org.uk&esheet=54601702&newsitemid=20260910203666&lan=en-US&anchor=www.thetakeoverpanel.org.uk&index=1&md5=587efbbd539fce14112d8674bbf3bbc6)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260910203666/en/\n(https://www.businesswire.com/news/home/20260910203666/en/)\n\nMillennium Partners, L.P.\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw2nD7nHa-20260910","title":"REG-Millennium Partners, L.P. Form 8.3","author":"Business Wire","ticker":"ROR","created":"2026-09-10T14:25:00.443Z","tickers":["ROR"],"exchange":"LSE","article_body":"Form 8.3\n\n \n\nFORM 8.3\n\nPUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY\n\nA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE\n\nRule 8.3 of the Takeover Code (the “Code”)\n\n1. KEY INFORMATION\n (a) Full name of discloser:                                                          Millennium International Management LP  \n (b) Owner or controller of interests and short positions disclosed, if                                                       \n different from 1(a):                                                                                                         \n \n                                                                                                                            \n \nThe naming of nominee or vehicle companies is insufficient. For a trust, the                                                \n trustee(s), settlor and beneficiaries must be named.                                                                         \n (c) Name of offeror/offeree in relation to whose relevant securities this form       Rotork plc                              \n relates:                                                                                                                     \n \n                                                                                                                            \n \nUse a separate form for each offeror/offeree                                                                                \n (d) If an exempt fund manager connected with an offeror/offeree, state this                                                  \n and specify identity of offeror/offeree:                                                                                     \n (e) Date position held/dealing undertaken:                                           9(th) September 2026                    \n \n                                                                                                                            \n \nFor an opening position disclosure, state the latest practicable date prior to                                              \n the disclosure                                                                                                               \n (f) In addition to the company in 1(c) above, is the discloser making                No                                      \n disclosures in respect of any other party to the offer?                                                                      \n \n                                                                                                                            \n \nIf it is a cash offer or possible cash offer, state “N/A”                                                                   \n\n\n2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE\n\nIf there are positions or rights to subscribe to disclose in more than one\nclass of relevant securities of the offeror or offeree named in 1(c), copy\ntable 2(a) or (b) (as appropriate) for each additional class of relevant\nsecurity.\n\n(a) Interests and short positions in the relevant securities of the offeror or\nofferee to which the disclosure relates following the dealing (if any)\n Class of relevant security:                                              0.5p Ordinary (GB00BVFNZH21)                              \n                                                                          Interests                         Short positions         \n \n                                                                                                                                  \n \n                                                                                                                                  \n                                                                          Number             %              Number          %       \n (1) Relevant securities owned and/or controlled:                         -                  -              -               -       \n (2) Cash-settled derivatives:                                            39,092,456         4.784%         -               -       \n \n                                                                                                                                  \n \n                                                                                                                                  \n (3) Stock-settled derivatives (including options) and agreements to      -                  -              -               -       \n purchase/sell:                                                                                                                     \n                                                                          39,092,456         4.784%         -               -       \n \n                                                                                                                                  \n \nTOTAL:                                                                                                                            \n\n\nAll interests and all short positions should be disclosed.\n\nDetails of any open stock-settled derivative positions (including traded\noptions), or agreements to purchase or sell relevant securities, should be\ngiven on a Supplemental Form 8 (Open Positions).\n\n(b) Rights to subscribe for new securities (including directors’ and other\nemployee options)\n Class of relevant security in relation to which subscription right exists:           \n Details, including nature of the rights concerned and relevant percentages:          \n\n\n3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE\n\nWhere there have been dealings in more than one class of relevant securities\nof the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as\nappropriate) for each additional class of relevant security dealt in.\n\nThe currency of all prices and other monetary amounts should be stated.\n\n(a) Purchases and sales\n Class of relevant security      Purchase/sale      Number of securities      Price per unit (GBP)  \n                                 \n                                                                  \n                                 \n                                                                  \n                                                                                                    \n\n\n(b) Cash-settled derivative transactions\n Class of relevant security      Product description      Nature of dealing                                                                  Number of reference securities      Price per unit  \n                                 \n                        \n                                                                                                                      \n               \n                                 \ne.g. CFD                \ne.g. opening/closing a long/short position, increasing/reducing a long/short                                          \n               \n                                                          position                                                                                                                               \n GB00BVFNZH21                    Equity Swap              Increasing a Long Position                                                         111,876                             4.84 GBP        \n GB00BVFNZH21                    Equity Swap              Reducing a Long Position                                                           562                                 4.84 GBP        \n GB00BVFNZH21                    Equity Swap              Increasing a Long Position                                                         1,840                               4.84 GBP        \n GB00BVFNZH21                    Equity Swap              Increasing a Long Position                                                         169,109                             4.84 GBP        \n GB00BVFNZH21                    Equity Swap              Increasing a Long Position                                                         33,848                              4.84 GBP        \n GB00BVFNZH21                    Equity Swap              Increasing a Long Position                                                         200,000                             4.85 GBP        \n GB00BVFNZH21                    Equity Swap              Reducing a Long Position                                                           238                                 4.84 GBP        \n GB00BVFNZH21                    Equity Swap              Reducing a Long Position                                                           1,157                               4.84 GBP        \n GB00BVFNZH21                    Equity Swap              Increasing a Long Position                                                         189,703                             4.84 GBP        \n GB00BVFNZH21                    Equity Swap              Increasing a Long Position                                                         3,987                               4.84 GBP        \n GB00BVFNZH21                    Equity Swap              Increasing a Long Position                                                         25,048                              4.84 GBP        \n GB00BVFNZH21                    Equity Swap              Increasing a Long Position                                                         250,000                             4.84 GBP        \n\n\n(c) Stock-settled derivative transactions (including options)\n\n(i) Writing, selling, purchasing or varying\n 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                               Expiry date      Option money paid/ received per unit  \n                                                                                                                                                                                                          \n                                                                                         \n                                                                                                                                                                                                          \ne.g. American, European etc.                                                             \n                                                                                                                                                                                                                                                                                                    \n\n\n(ii) Exercise\n Class of relevant security      Product description      Exercising/ exercised against      Number of securities      Exercise price per unit  \n                                 \n                                                                                                              \n                                 \ne.g. call option                                                                                              \n                                                                                                                                                \n                                                                                                                       \n                        \n                                                                                                                       \n                        \n\n\n(d) Other dealings (including subscribing for new securities)\n Class of relevant security      Nature of dealing                   Details      Price per unit (if applicable)  \n                                 \n                                                                                \n                                 \ne.g. subscription, conversion                                                   \n                                                                                                                  \n                                 \n                                                                                \n                                 \n                                                                                \n\n\n4. OTHER INFORMATION\n\n(a) Indemnity and other dealing arrangements\n Details of any indemnity or option arrangement, or any agreement or              \n understanding, formal or informal, relating to relevant securities which may     \n be an inducement to deal or refrain from dealing entered into by the person      \n making the disclosure and any party to the offer or any person acting in         \n concert with a party to the offer:                                               \n \n                                                                                \n \nIrrevocable commitments and letters of intent should not be included. If there  \n are no such agreements, arrangements or understandings, state “none”             \n                                                                                  \n \n                                                                                \n \nNONE                                                                            \n \n                                                                                \n \n                                                                                \n\n\n(b) Agreements, arrangements or understandings relating to options or\nderivatives\n Details of any agreement, arrangement or understanding, formal or informal,  \n between the person making the disclosure and any other person relating to:   \n \n                                                                            \n \n(i) the voting rights of any relevant securities under any option; or       \n \n                                                                            \n \n(ii) the voting rights or future acquisition or disposal of any relevant    \n securities to which any derivative is referenced:                            \n \n                                                                            \n \nIf there are no such agreements, arrangements or understandings, state      \n “none”                                                                       \n                                                                              \n \n                                                                            \n \nNONE                                                                        \n \n                                                                            \n \n                                                                            \n\n\n(c) Attachments\n Is a Supplemental Form 8 (Open Positions) attached?      NO  \n\n Date of disclosure:      10(th) September 2026  \n Contact name:            Stephen Glasper        \n                          \n                      \n                          \n                      \n Telephone number:        +44 203 398 2166       \n\n\nPublic disclosures under Rule 8 of the Code must be made to a Regulatory\nInformation Service and must also be emailed to the Takeover Panel at\nmonitoring@disclosure.org.uk (mailto:monitoring@disclosure.org.uk) . The\nPanel’s Market Surveillance Unit is available for consultation in relation\nto the Code’s disclosure requirements on +44 (0)20 7638 0129.\n\nThe Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.thetakeoverpanel.org.uk&esheet=54601702&newsitemid=20260910203666&lan=en-US&anchor=www.thetakeoverpanel.org.uk&index=1&md5=587efbbd539fce14112d8674bbf3bbc6)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260910203666/en/\n(https://www.businesswire.com/news/home/20260910203666/en/)\n\nMillennium Partners, L.P.\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-09-10T14:25:00.500654843Z","server_sent_at_ms":1789050300500},"received_at":"2026-09-10T14:25:00.556Z","source_url":"https://www.businesswire.com/news/home/20260910203666/en/"},"analysis":{"id":"129525","press_release_id":"140689","analysis_json":{"industry":{"label":"Machinery","sector":"Industrials"},"redFlags":["Rule 8.3 filing implies Rotork is in a Takeover Code offer period; the identity and terms of the offer are not disclosed in this release","Millennium's 4.784% exposure is entirely via cash-settled derivatives (equity swaps), not outright shares — a synthetic stake with no voting rights disclosed"],"eventType":"regulatory","narrative":"Millennium International Management LP filed a UK Takeover Code Rule 8.3 disclosure showing a 4.784% cash-settled derivative position in Rotork plc — 39,092,456 reference shares as of 9 September 2026.\n\nThe dealing table shows twelve equity swap transactions on the day, almost all increasing a long position, executed at 4.84-4.85 GBP per share, including a single 250,000-share trade.\n\nRule 8.3 filings are mandatory during an offer period, implying live takeover activity around Rotork; the form names no other offer party and states no irrevocable commitments or voting arrangements.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Millennium aggressively building swap exposure in Rotork during a Takeover Code offer period — watch for offer developments."},"keyFigures":{"customDimensions":{"position_date":"9 September 2026","swap_trade_price_gbp":["4.84","4.85"],"swap_transactions_count":12,"largest_single_trade_shares":250000,"percent_of_relevant_securities_class":"4.784%","total_cash_settled_derivative_position_shares":39092456}},"quotedText":"Increasing a Long Position","namedEntities":{"people":[{"name":"Stephen Glasper","role":"disclosure contact for Millennium"}],"products":[],"companies":[{"name":"Millennium International Management LP","relationship":"discloser / position holder"},{"name":"Rotork plc","ticker":"ROR","relationship":"subject company (offeror/offeree) of the disclosure"},{"name":"Millennium Partners, L.P.","relationship":"parent/manager named on the release"}],"dollarAmounts":[{"amount":"4.84 GBP","context":"price per unit on equity swap transactions in Rotork shares"},{"amount":"4.85 GBP","context":"price per unit on a 200,000-share equity swap transaction"}]},"materialImpact":{"score":2,"reasoning":"This is a routine UK Takeover Code Rule 8.3 positional disclosure by a third-party hedge fund, not an issuer announcement. However, the filing's existence implies Rotork is in a Takeover Code offer period, and the disclosed activity shows a large fund actively increasing synthetic long exposure in the stock — a modestly positive signal."},"tickerRelevance":{"others":[],"primary":"ROR"},"globalImportance":20,"audienceRelevance":12,"eventTypeSecondary":["insider_transaction"],"importanceComponents":{"tickerTier":"LSE mid-cap (Rotork plc)","eventGravity":"takeover-code positional disclosure by third-party fund","issuerAuthored":false,"offerPeriodImplied":true,"retailFavoriteBoost":0}},"event_type":"regulatory","event_type_secondary":["insider_transaction"],"sentiment":"bullish","material_impact_score":2,"narrative":"Millennium International Management LP filed a UK Takeover Code Rule 8.3 disclosure showing a 4.784% cash-settled derivative position in Rotork plc — 39,092,456 reference shares as of 9 September 2026.\n\nThe dealing table shows twelve equity swap transactions on the day, almost all increasing a long position, executed at 4.84-4.85 GBP per share, including a single 250,000-share trade.\n\nRule 8.3 filings are mandatory during an offer period, implying live takeover activity around Rotork; the form names no other offer party and states no irrevocable commitments or voting arrangements.","key_figures":{"customDimensions":{"position_date":"9 September 2026","swap_trade_price_gbp":["4.84","4.85"],"swap_transactions_count":12,"largest_single_trade_shares":250000,"percent_of_relevant_securities_class":"4.784%","total_cash_settled_derivative_position_shares":39092456}},"named_entities":{"people":[{"name":"Stephen Glasper","role":"disclosure contact for Millennium"}],"products":[],"companies":[{"name":"Millennium International Management LP","relationship":"discloser / position holder"},{"name":"Rotork plc","ticker":"ROR","relationship":"subject company (offeror/offeree) of the disclosure"},{"name":"Millennium Partners, L.P.","relationship":"parent/manager named on the release"}],"dollarAmounts":[{"amount":"4.84 GBP","context":"price per unit on equity swap transactions in Rotork shares"},{"amount":"4.85 GBP","context":"price per unit on a 200,000-share equity swap transaction"}]},"model_name":"glm-5.3-flash","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-10T14:25:57.104Z","global_importance":20,"audience_relevance":12,"importance_components":{"tickerTier":"LSE mid-cap (Rotork plc)","eventGravity":"takeover-code positional disclosure by third-party fund","issuerAuthored":false,"offerPeriodImplied":true,"retailFavoriteBoost":0}},"durationMs":38842,"modelName":"glm-5.3-flash"}}