8th Jul 2025 15:00
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: | 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 | AMERICAN AXLE MANUFACTURING HOLDINGS INC |
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: | N/A |
(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure | 7 July 2025 |
(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" | YES DOWLAIS GROUP PLC |
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.
(a) 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 Stock | ISIN US0240611030 USD 0.01 common | |||
| Interests | Short positions | ||
| Number | % | Number | % |
(1) Relevant securities owned and/or controlled: | 1,961,825 | 1.65 | 110,177 | 0.09 |
(2) Cash-settled derivatives:
| 542,446 | 0.45 | 0 | 0.00 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 1,001,700 | 0.84 | 1,373,500 | 1.15 |
TOTAL: | 3,505,971 | 2.95 | 1,483,677 | 1.25 |
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 Form 8 (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: | N/A |
Details, including nature of the rights concerned and relevant percentages: | N/A |
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 | Buy Transaction | 100 | 4.2800 USD |
Common | Buy Transaction | 600 | 4.2967 USD |
Common | Buy Transaction | 600 | 4.3000 USD |
Common | Buy Transaction | 602 | 4.3001 USD |
Common | Buy Transaction | 837 | 4.3002 USD |
Common | Buy Transaction | 115 | 4.3083 USD |
Common | Buy Transaction | 884 | 4.3089 USD |
Common | Buy Transaction | 917 | 4.3095 USD |
Common | Buy Transaction | 2,180 | 4.3100 USD |
Common | Buy Transaction | 1,006 | 4.3101 USD |
Common | Buy Transaction | 30 | 4.3107 USD |
Common | Buy Transaction | 300 | 4.3107 USD |
Common | Buy Transaction | 2,776 | 4.3129 USD |
Common | Buy Transaction | 640 | 4.3129 USD |
Common | Buy Transaction | 439 | 4.3139 USD |
Common | Buy Transaction | 2 | 4.3150 USD |
Common | Buy Transaction | 1 | 4.3165 USD |
Common | Buy Transaction | 214 | 4.3198 USD |
Common | Buy Transaction | 310 | 4.3200 USD |
Common | Buy Transaction | 1,073 | 4.3210 USD |
Common | Buy Transaction | 445 | 4.3216 USD |
Common | Buy Transaction | 329 | 4.3220 USD |
Common | Buy Transaction | 2,760 | 4.3226 USD |
Common | Buy Transaction | 4,225 | 4.3238 USD |
Common | Buy Transaction | 4,000 | 4.3239 USD |
Common | Buy Transaction | 680 | 4.3250 USD |
Common | Buy Transaction | 13 | 4.3254 USD |
Common | Buy Transaction | 630 | 4.3254 USD |
Common | Buy Transaction | 14,000 | 4.3292 USD |
Common | Buy Transaction | 1,060 | 4.3294 USD |
Common | Buy Transaction | 6,818 | 4.3297 USD |
Common | Buy Transaction | 3,400 | 4.3299 USD |
Common | Buy Transaction | 2 | 4.3299 USD |
Common | Buy Transaction | 1,469 | 4.3300 USD |
Common | Buy Transaction | 2,000 | 4.3307 USD |
Common | Buy Transaction | 709 | 4.3313 USD |
Common | Buy Transaction | 1,602 | 4.3317 USD |
Common | Buy Transaction | 3,310 | 4.3322 USD |
Common | Buy Transaction | 2,719 | 4.3322 USD |
Common | Buy Transaction | 534 | 4.3331 USD |
Common | Buy Transaction | 388 | 4.3351 USD |
Common | Buy Transaction | 1,740 | 4.3351 USD |
Common | Buy Transaction | 700 | 4.3357 USD |
Common | Buy Transaction | 1,535 | 4.3376 USD |
Common | Buy Transaction | 16,355 | 4.3377 USD |
Common | Buy Transaction | 25,181 | 4.3400 USD |
Common | Buy Transaction | 64 | 4.3409 USD |
Common | Buy Transaction | 115 | 4.3411 USD |
Common | Buy Transaction | 242 | 4.3438 USD |
Common | Buy Transaction | 400 | 4.3450 USD |
Common | Buy Transaction | 560 | 4.3457 USD |
Common | Buy Transaction | 2,500 | 4.3460 USD |
Common | Buy Transaction | 86 | 4.3463 USD |
Common | Buy Transaction | 1,010 | 4.3500 USD |
Common | Buy Transaction | 10 | 4.3520 USD |
Common | Buy Transaction | 2,201 | 4.3523 USD |
Common | Buy Transaction | 300 | 4.3533 USD |
Common | Buy Transaction | 140,995 | 4.3533 USD |
Common | Buy Transaction | 270 | 4.3546 USD |
Common | Buy Transaction | 240 | 4.3550 USD |
Common | Buy Transaction | 1 | 4.3554 USD |
Common | Buy Transaction | 529 | 4.3558 USD |
Common | Buy Transaction | 5,388 | 4.3572 USD |
Common | Buy Transaction | 298 | 4.3572 USD |
Common | Buy Transaction | 717 | 4.3574 USD |
Common | Buy Transaction | 8,475 | 4.3578 USD |
Common | Buy Transaction | 800 | 4.3589 USD |
Common | Buy Transaction | 3,346 | 4.3596 USD |
Common | Buy Transaction | 3,643 | 4.3600 USD |
Common | Buy Transaction | 600 | 4.3617 USD |
Common | Buy Transaction | 844 | 4.3649 USD |
Common | Buy Transaction | 200 | 4.3650 USD |
Common | Buy Transaction | 3,220 | 4.3658 USD |
Common | Buy Transaction | 4,078 | 4.3660 USD |
Common | Buy Transaction | 6,593 | 4.3688 USD |
Common | Buy Transaction | 1,200 | 4.3742 USD |
Common | Buy Transaction | 300 | 4.3750 USD |
Common | Buy Transaction | 4,100 | 4.3751 USD |
Common | Buy Transaction | 14,573 | 4.3759 USD |
Common | Buy Transaction | 1,000 | 4.3760 USD |
Common | Buy Transaction | 37,460 | 4.3777 USD |
Common | Buy Transaction | 21,678 | 4.3777 USD |
Common | Buy Transaction | 1,331 | 4.3782 USD |
Common | Buy Transaction | 600 | 4.3783 USD |
Common | Buy Transaction | 2,588 | 4.3791 USD |
Common | Buy Transaction | 560 | 4.3791 USD |
Common | Buy Transaction | 1,295 | 4.3810 USD |
Common | Buy Transaction | 1,800 | 4.3833 USD |
Common | Buy Transaction | 202 | 4.3856 USD |
Common | Buy Transaction | 2,595 | 4.3880 USD |
Common | Buy Transaction | 1,800 | 4.3883 USD |
Common | Buy Transaction | 669 | 4.3900 USD |
Common | Buy Transaction | 1,996 | 4.3901 USD |
Common | Buy Transaction | 1,105 | 4.3905 USD |
Common | Buy Transaction | 1,780 | 4.3952 USD |
Common | Buy Transaction | 3,991 | 4.4000 USD |
Common | Buy Transaction | 3,130 | 4.4001 USD |
Common | Buy Transaction | 1,297 | 4.4006 USD |
Common | Buy Transaction | 1,233 | 4.4011 USD |
Common | Buy Transaction | 5 | 4.4020 USD |
Common | Buy Transaction | 380 | 4.4021 USD |
Common | Buy Transaction | 300 | 4.4033 USD |
Common | Buy Transaction | 600 | 4.4050 USD |
Common | Buy Transaction | 3,512 | 4.4100 USD |
Common | Buy Transaction | 323 | 4.4107 USD |
Common | Buy Transaction | 1,200 | 4.4125 USD |
Common | Buy Transaction | 123 | 4.4200 USD |
Common | Buy Transaction | 339 | 4.4212 USD |
Common | Buy Transaction | 200 | 4.4250 USD |
Common | Buy Transaction | 150 | 4.4350 USD |
Common | Buy Transaction | 47 | 4.4351 USD |
Common | Buy Transaction | 2,648 | 4.4365 USD |
Common | Buy Transaction | 247 | 4.4400 USD |
Common | Buy Transaction | 200 | 4.4450 USD |
Common | DVP Transaction | 1 | 4.3000 USD |
Common | DVP Transaction | 788 | 4.3100 USD |
Common | DVP Transaction | 800 | 4.3150 USD |
Common | DVP Transaction | 11 | 4.3173 USD |
Common | DVP Transaction | 670 | 4.3195 USD |
Common | DVP Transaction | 300 | 4.3200 USD |
Common | DVP Transaction | 450 | 4.3203 USD |
Common | DVP Transaction | 52 | 4.3204 USD |
Common | DVP Transaction | 600 | 4.3217 USD |
Common | DVP Transaction | 760 | 4.3234 USD |
Common | DVP Transaction | 500 | 4.3240 USD |
Common | DVP Transaction | 62 | 4.3247 USD |
Common | DVP Transaction | 17 | 4.3253 USD |
Common | DVP Transaction | 1,000 | 4.3265 USD |
Common | DVP Transaction | 100 | 4.3300 USD |
Common | DVP Transaction | 1,550 | 4.3322 USD |
Common | DVP Transaction | 31 | 4.3329 USD |
Common | DVP Transaction | 1,600 | 4.3336 USD |
Common | DVP Transaction | 4,644 | 4.3345 USD |
Common | DVP Transaction | 840 | 4.3345 USD |
Common | DVP Transaction | 100 | 4.3350 USD |
Common | DVP Transaction | 580 | 4.3355 USD |
Common | DVP Transaction | 7 | 4.3357 USD |
Common | DVP Transaction | 300 | 4.3383 USD |
Common | DVP Transaction | 400 | 4.3388 USD |
Common | DVP Transaction | 7,239 | 4.3400 USD |
Common | DVP Transaction | 2,690 | 4.3400 USD |
Common | DVP Transaction | 260 | 4.3415 USD |
Common | DVP Transaction | 300 | 4.3467 USD |
Common | DVP Transaction | 780 | 4.3471 USD |
Common | DVP Transaction | 1,548 | 4.3475 USD |
Common | DVP Transaction | 380 | 4.3476 USD |
Common | DVP Transaction | 1 | 4.3500 USD |
Common | DVP Transaction | 440 | 4.3502 USD |
Common | DVP Transaction | 449 | 4.3565 USD |
Common | DVP Transaction | 1,534 | 4.3784 USD |
Common | DVP Transaction | 570 | 4.3926 USD |
Common | RVP Transaction | 1 | 4.3000 USD |
Common | RVP Transaction | 812 | 4.3100 USD |
Common | RVP Transaction | 11 | 4.3127 USD |
Common | RVP Transaction | 1,300 | 4.3188 USD |
Common | RVP Transaction | 188 | 4.3256 USD |
Common | RVP Transaction | 21,311 | 4.3372 USD |
Common | RVP Transaction | 7,231 | 4.3400 USD |
Common | RVP Transaction | 1,500 | 4.3800 USD |
Common | Sell Transaction | 2,824 | 4.2900 USD |
Common | Sell Transaction | 995 | 4.2930 USD |
Common | Sell Transaction | 1,287 | 4.2948 USD |
Common | Sell Transaction | 1,600 | 4.2950 USD |
Common | Sell Transaction | 2,164 | 4.2983 USD |
Common | Sell Transaction | 1,630 | 4.3000 USD |
Common | Sell Transaction | 2,500 | 4.3016 USD |
Common | Sell Transaction | 12,165 | 4.3033 USD |
Common | Sell Transaction | 1,090 | 4.3050 USD |
Common | Sell Transaction | 100 | 4.3089 USD |
Common | Sell Transaction | 4,159 | 4.3096 USD |
Common | Sell Transaction | 994 | 4.3097 USD |
Common | Sell Transaction | 515 | 4.3100 USD |
Common | Sell Transaction | 1,000 | 4.3110 USD |
Common | Sell Transaction | 1,249 | 4.3116 USD |
Common | Sell Transaction | 1,190 | 4.3132 USD |
Common | Sell Transaction | 45 | 4.3151 USD |
Common | Sell Transaction | 484 | 4.3176 USD |
Common | Sell Transaction | 16 | 4.3181 USD |
Common | Sell Transaction | 4,762 | 4.3183 USD |
Common | Sell Transaction | 449 | 4.3186 USD |
Common | Sell Transaction | 298 | 4.3190 USD |
Common | Sell Transaction | 3,917 | 4.3198 USD |
Common | Sell Transaction | 3,068 | 4.3199 USD |
Common | Sell Transaction | 22,991 | 4.3200 USD |
Common | Sell Transaction | 1,475 | 4.3203 USD |
Common | Sell Transaction | 2,571 | 4.3209 USD |
Common | Sell Transaction | 6,007 | 4.3213 USD |
Common | Sell Transaction | 3,592 | 4.3216 USD |
Common | Sell Transaction | 2,868 | 4.3225 USD |
Common | Sell Transaction | 112 | 4.3225 USD |
Common | Sell Transaction | 4 | 4.3225 USD |
Common | Sell Transaction | 8,615 | 4.3228 USD |
Common | Sell Transaction | 12,498 | 4.3237 USD |
Common | Sell Transaction | 2,870 | 4.3247 USD |
Common | Sell Transaction | 1,288 | 4.3249 USD |
Common | Sell Transaction | 6,800 | 4.3250 USD |
Common | Sell Transaction | 4,802 | 4.3255 USD |
Common | Sell Transaction | 3,690 | 4.3261 USD |
Common | Sell Transaction | 800 | 4.3262 USD |
Common | Sell Transaction | 1,601 | 4.3300 USD |
Common | Sell Transaction | 5,587 | 4.3309 USD |
Common | Sell Transaction | 4,715 | 4.3313 USD |
Common | Sell Transaction | 1,977 | 4.3321 USD |
Common | Sell Transaction | 2,974 | 4.3325 USD |
Common | Sell Transaction | 200 | 4.3325 USD |
Common | Sell Transaction | 1,895 | 4.3326 USD |
Common | Sell Transaction | 314 | 4.3327 USD |
Common | Sell Transaction | 1,053 | 4.3328 USD |
Common | Sell Transaction | 12,045 | 4.3338 USD |
Common | Sell Transaction | 938 | 4.3341 USD |
Common | Sell Transaction | 700 | 4.3343 USD |
Common | Sell Transaction | 3,542 | 4.3347 USD |
Common | Sell Transaction | 97 | 4.3351 USD |
Common | Sell Transaction | 5,214 | 4.3357 USD |
Common | Sell Transaction | 760 | 4.3358 USD |
Common | Sell Transaction | 2,900 | 4.3359 USD |
Common | Sell Transaction | 10 | 4.3360 USD |
Common | Sell Transaction | 767 | 4.3369 USD |
Common | Sell Transaction | 711 | 4.3370 USD |
Common | Sell Transaction | 15,859 | 4.3400 USD |
Common | Sell Transaction | 1,856 | 4.3406 USD |
Common | Sell Transaction | 1,627 | 4.3420 USD |
Common | Sell Transaction | 800 | 4.3425 USD |
Common | Sell Transaction | 2,100 | 4.3429 USD |
Common | Sell Transaction | 2,376 | 4.3439 USD |
Common | Sell Transaction | 2,711 | 4.3449 USD |
Common | Sell Transaction | 2,597 | 4.3450 USD |
Common | Sell Transaction | 19 | 4.3453 USD |
Common | Sell Transaction | 1,100 | 4.3455 USD |
Common | Sell Transaction | 28 | 4.3457 USD |
Common | Sell Transaction | 2,510 | 4.3471 USD |
Common | Sell Transaction | 109 | 4.3473 USD |
Common | Sell Transaction | 1,962 | 4.3478 USD |
Common | Sell Transaction | 4,608 | 4.3498 USD |
Common | Sell Transaction | 2,589 | 4.3500 USD |
Common | Sell Transaction | 1,605 | 4.3515 USD |
Common | Sell Transaction | 7,733 | 4.3517 USD |
Common | Sell Transaction | 885 | 4.3521 USD |
Common | Sell Transaction | 404 | 4.3525 USD |
Common | Sell Transaction | 800 | 4.3525 USD |
Common | Sell Transaction | 141,599 | 4.3529 USD |
Common | Sell Transaction | 20,391 | 4.3539 USD |
Common | Sell Transaction | 1,885 | 4.3562 USD |
Common | Sell Transaction | 24,833 | 4.3568 USD |
Common | Sell Transaction | 3,020 | 4.3580 USD |
Common | Sell Transaction | 611 | 4.3590 USD |
Common | Sell Transaction | 40 | 4.3593 USD |
Common | Sell Transaction | 14,047 | 4.3600 USD |
Common | Sell Transaction | 219 | 4.3624 USD |
Common | Sell Transaction | 1,383 | 4.3634 USD |
Common | Sell Transaction | 2,800 | 4.3646 USD |
Common | Sell Transaction | 247 | 4.3653 USD |
Common | Sell Transaction | 1,102 | 4.3655 USD |
Common | Sell Transaction | 31,958 | 4.3672 USD |
Common | Sell Transaction | 6,293 | 4.3685 USD |
Common | Sell Transaction | 748 | 4.3695 USD |
Common | Sell Transaction | 825 | 4.3699 USD |
Common | Sell Transaction | 100 | 4.3700 USD |
Common | Sell Transaction | 380 | 4.3705 USD |
Common | Sell Transaction | 158 | 4.3725 USD |
Common | Sell Transaction | 5,997 | 4.3734 USD |
Common | Sell Transaction | 852 | 4.3754 USD |
Common | Sell Transaction | 1,380 | 4.3769 USD |
Common | Sell Transaction | 14,302 | 4.3795 USD |
Common | Sell Transaction | 350 | 4.3800 USD |
Common | Sell Transaction | 1,427 | 4.3847 USD |
Common | Sell Transaction | 701 | 4.3859 USD |
Common | Sell Transaction | 1,000 | 4.3880 USD |
Common | Sell Transaction | 1,181 | 4.3900 USD |
Common | Sell Transaction | 693 | 4.3919 USD |
Common | Sell Transaction | 1,296 | 4.3939 USD |
Common | Sell Transaction | 2,547 | 4.3999 USD |
Common | Sell Transaction | 1,706 | 4.4100 USD |
Common | Sell Transaction | 4 | 4.4125 USD |
Common | Sell Transaction | 3,200 | 4.4137 USD |
Common | Sell Transaction | 800 | 4.4150 USD |
Common | Sell Transaction | 1 | 4.4200 USD |
Common | Sell Transaction | 1,012 | 4.4300 USD |
Common | Sell Transaction | 1,027 | 4.4400 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 |
Common | CFD | Reducing long position | 2,659 | 4.3196 USD |
Common | CFD | Reducing long position | 29,564 | 4.3212 USD |
Common | CFD | Reducing long position | 400 | 4.3400 USD |
Common | CFD | Reducing long position | 805 | 4.3494 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 | Exercise price per unit | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
Common | Call Option | Buy Transaction | 15 | 5.0000 USD | American | 2025-Aug-15 | 0.1500 USD |
Common | Call Option | Buy Transaction | 9 | 6.0000 USD | American | 2026-Jan-16 | 0.3500 USD |
Common | Call Option | Buy Transaction | 3 | 6.0000 USD | American | 2026-Jan-16 | 0.3600 USD |
Common | Call Option | Buy Transaction | 10 | 4.0000 USD | American | 2025-Jul-18 | 0.3800 USD |
Common | Call Option | Buy Transaction | 1 | 4.0000 USD | American | 2025-Oct-17 | 0.8000 USD |
Common | Put Option | DVP Transaction | 1 | 4.0000 USD | American | 2025-Jul-18 | 0.1000 USD |
Common | Call Option | DVP Transaction | 30 | 5.0000 USD | American | 2025-Aug-15 | 0.1500 USD |
Common | Call Option | DVP Transaction | 3 | 6.0000 USD | American | 2026-Jan-16 | 0.3600 USD |
Common | Call Option | DVP Transaction | 30 | 5.0000 USD | American | 2025-Oct-17 | 0.4500 USD |
Common | Put Option | DVP Transaction | 2 | 5.0000 USD | American | 2025-Jul-18 | 0.6600 USD |
Common | Put Option | RVP Transaction | 1 | 4.0000 USD | American | 2025-Jul-18 | 0.1000 USD |
Common | Call Option | RVP Transaction | 30 | 5.0000 USD | American | 2025-Aug-15 | 0.1500 USD |
Common | Call Option | RVP Transaction | 3 | 6.0000 USD | American | 2026-Jan-16 | 0.3600 USD |
Common | Call Option | RVP Transaction | 30 | 5.0000 USD | American | 2025-Oct-17 | 0.4500 USD |
Common | Put Option | RVP Transaction | 2 | 5.0000 USD | American | 2025-Jul-18 | 0.6600 USD |
Common | Call Option | Sell Transaction | 30 | 5.0000 USD | American | 2025-Oct-17 | 0.4500 USD |
Common | Put Option | Sell Transaction | 2 | 5.0000 USD | American | 2025-Jul-18 | 0.6600 USD |
(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? | YES |
Date of disclosure: | 8 July 2025 |
Contact name: | Paula Santos |
Telephone number*: | 020 7645 9700 |
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.
SUPPLEMENTAL FORM 8 (OPEN POSITIONS)
DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.
Note 5(i) on Rule 8 of the Takeover Code (the "Code")
1. KEY INFORMATION
Full name of person making disclosure: | Citadel Group |
Name of offeror/offeree in relation to whose relevant securities the disclosure relates: | AMERICAN AXLE MANUFACTURING HOLDINGS INC |
2. STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)
Class of relevant security | Product description e.g. call option | Written or purchased | Number of securities to which option or derivative relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date |
Common | Put Option | Purchased | -7,200 | 3.0 USD
| American
| 18/07/2025
|
Common | Put Option | Purchased | -201,600 | 4.0 USD
| American
| 16/01/2026
|
Common | Put Option | Purchased | -100 | 7.0 USD
| American
| 17/10/2025
|
Common | Call Option | Purchased | 700 | 10.0 USD
| American
| 18/07/2025
|
Common | Put Option | Purchased | -11,900 | 4.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 270,900 | 6.0 USD
| American
| 18/07/2025
|
Common | Put Option | Purchased | -200 | 6.0 USD
| American
| 16/01/2026
|
Common | Put Option | Purchased | -700 | 7.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 10,400 | 5.0 USD
| American
| 16/01/2026
|
Common | Put Option | Purchased | -200 | 7.0 USD
| American
| 15/08/2025
|
Common | Call Option | Purchased | 300 | 2.0 USD
| American
| 17/10/2025
|
Common | Call Option | Purchased | 1,500 | 5.0 USD
| American
| 15/08/2025
|
Common | Call Option | Purchased | 2,000 | 3.0 USD
| American
| 18/07/2025
|
Common | Put Option | Purchased | -900 | 5.0 USD
| American
| 17/07/2026
|
Common | Call Option | Purchased | 1,000 | 3.0 USD
| American
| 15/08/2025
|
Common | Put Option | Purchased | -700 | 6.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 17,300 | 4.0 USD
| American
| 17/10/2025
|
Common | Call Option | Purchased | 600,000 | 6.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 2,900 | 10.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 300 | 15.0 USD
| American
| 16/01/2026
|
Common | Put Option | Purchased | -300 | 5.0 USD
| American
| 17/10/2025
|
Common | Put Option | Purchased | -13,100 | 3.0 USD
| American
| 16/01/2026
|
Common | Put Option | Purchased | -300 | 4.0 USD
| American
| 15/08/2025
|
Common | Put Option | Purchased | -12,000 | 3.0 USD
| American
| 15/08/2025
|
Common | Put Option | Sold | 300 | 5.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -8,500 | 4.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -300 | 3.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -2,000 | 3.0 USD
| American
| 17/10/2025
|
Common | Call Option | Sold | -1,800 | 6.0 USD
| American
| 17/10/2025
|
Common | Call Option | Sold | -100 | 2.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -37,000 | 5.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -200 | 7.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -1,500 | 4.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -2,400 | 10.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -1,100 | 7.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -159,900 | 6.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -29,400 | 8.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -106,000 | 5.0 USD
| American
| 17/10/2025
|
Common | Call Option | Sold | -1,400 | 3.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -651,300 | 5.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -118,200 | 7.0 USD
| American
| 16/01/2026
|
Common | Put Option | Sold | 91,500 | 5.0 USD
| American
| 16/01/2026
|
Common | Put Option | Sold | 2,600 | 3.0 USD
| American
| 17/10/2025
|
Common | Call Option | Sold | -700 | 12.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -2,500 | 4.0 USD
| American
| 17/07/2026
|
3. AGREEMENTS TO PURCHASE OR SELL ETC.
Full details should be given so that the nature of the interest or position can be fully understood: |
|
It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.
The currency of all prices and other monetary amounts should be stated.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
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