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Form 8.3 - American Axle & Manufacturing Holdings

6th Mar 2025 15:00

RNS Number : 6915Z
Citadel Group
06 March 2025
 

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

5 March 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:

1,255,790

1.06

166,535

0.14

(2) Cash-settled derivatives:

 

0

0.00

0

0.00

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

748,200

0.63

601,700

0.51

 

TOTAL:

2,003,990

1.70

768,235

0.65

 

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

20

4.5100 USD

Common

Buy Transaction

10

4.5200 USD

Common

Buy Transaction

4,122

4.5300 USD

Common

Buy Transaction

6

4.5500 USD

Common

Buy Transaction

922

4.5550 USD

Common

Buy Transaction

1,640

4.5594 USD

Common

Buy Transaction

812

4.5600 USD

Common

Buy Transaction

638

4.5650 USD

Common

Buy Transaction

86

4.5651 USD

Common

Buy Transaction

1,296

4.5656 USD

Common

Buy Transaction

200

4.5690 USD

Common

Buy Transaction

1,121

4.5700 USD

Common

Buy Transaction

345

4.5722 USD

Common

Buy Transaction

9,969

4.5737 USD

Common

Buy Transaction

687

4.5774 USD

Common

Buy Transaction

62

4.5800 USD

Common

Buy Transaction

82

4.5812 USD

Common

Buy Transaction

221

4.5816 USD

Common

Buy Transaction

531

4.5821 USD

Common

Buy Transaction

2

4.5850 USD

Common

Buy Transaction

7

4.5857 USD

Common

Buy Transaction

1

4.5859 USD

Common

Buy Transaction

1,520

4.5865 USD

Common

Buy Transaction

610

4.5866 USD

Common

Buy Transaction

450

4.5868 USD

Common

Buy Transaction

641

4.5875 USD

Common

Buy Transaction

302

4.5898 USD

Common

Buy Transaction

365

4.5900 USD

Common

Buy Transaction

526

4.5904 USD

Common

Buy Transaction

14,061

4.5905 USD

Common

Buy Transaction

93,750

4.5905 USD

Common

Buy Transaction

37,501

4.5905 USD

Common

Buy Transaction

4,688

4.5906 USD

Common

Buy Transaction

2,071

4.5926 USD

Common

Buy Transaction

403

4.5935 USD

Common

Buy Transaction

700

4.5936 USD

Common

Buy Transaction

16

4.5944 USD

Common

Buy Transaction

2

4.5950 USD

Common

Buy Transaction

743

4.5956 USD

Common

Buy Transaction

120

4.5978 USD

Common

Buy Transaction

2,500

4.6000 USD

Common

Buy Transaction

1,100

4.6009 USD

Common

Buy Transaction

682

4.6015 USD

Common

Buy Transaction

1,406

4.6018 USD

Common

Buy Transaction

5,779

4.6035 USD

Common

Buy Transaction

558

4.6041 USD

Common

Buy Transaction

11

4.6045 USD

Common

Buy Transaction

296

4.6068 USD

Common

Buy Transaction

4,900

4.6086 USD

Common

Buy Transaction

200

4.6100 USD

Common

Buy Transaction

632

4.6110 USD

Common

Buy Transaction

13,519

4.6140 USD

Common

Buy Transaction

900

4.6144 USD

Common

Buy Transaction

100

4.6150 USD

Common

Buy Transaction

837

4.6166 USD

Common

Buy Transaction

1,534

4.6168 USD

Common

Buy Transaction

300

4.6200 USD

Common

Buy Transaction

3,850

4.6214 USD

Common

Buy Transaction

1,524

4.6215 USD

Common

Buy Transaction

602

4.6233 USD

Common

Buy Transaction

346

4.6240 USD

Common

Buy Transaction

458

4.6250 USD

Common

Buy Transaction

2,872

4.6259 USD

Common

Buy Transaction

60

4.6267 USD

Common

Buy Transaction

101

4.6289 USD

Common

Buy Transaction

3

4.6300 USD

Common

Buy Transaction

3,751

4.6301 USD

Common

Buy Transaction

988

4.6326 USD

Common

Buy Transaction

6,436

4.6334 USD

Common

Buy Transaction

1,563

4.6341 USD

Common

Buy Transaction

12,501

4.6341 USD

Common

Buy Transaction

31,250

4.6341 USD

Common

Buy Transaction

4,686

4.6342 USD

Common

Buy Transaction

600

4.6350 USD

Common

Buy Transaction

17,364

4.6363 USD

Common

Buy Transaction

3,157

4.6373 USD

Common

Buy Transaction

1,381

4.6384 USD

Common

Buy Transaction

119

4.6394 USD

Common

Buy Transaction

1,615

4.6400 USD

Common

Buy Transaction

6,318

4.6401 USD

Common

Buy Transaction

296

4.6403 USD

Common

Buy Transaction

558

4.6404 USD

Common

Buy Transaction

250

4.6405 USD

Common

Buy Transaction

1,470

4.6406 USD

Common

Buy Transaction

700

4.6414 USD

Common

Buy Transaction

20

4.6425 USD

Common

Buy Transaction

400

4.6437 USD

Common

Buy Transaction

500

4.6440 USD

Common

Buy Transaction

10

4.6450 USD

Common

Buy Transaction

2,100

4.6457 USD

Common

Buy Transaction

2,123

4.6462 USD

Common

Buy Transaction

36

4.6467 USD

Common

Buy Transaction

684

4.6474 USD

Common

Buy Transaction

110

4.6482 USD

Common

Buy Transaction

259

4.6493 USD

Common

Buy Transaction

1,912

4.6494 USD

Common

Buy Transaction

3,513

4.6499 USD

Common

Buy Transaction

1,646

4.6499 USD

Common

Buy Transaction

3,572

4.6500 USD

Common

Buy Transaction

2,740

4.6512 USD

Common

Buy Transaction

200

4.6550 USD

Common

Buy Transaction

1,200

4.6558 USD

Common

Buy Transaction

2,600

4.6562 USD

Common

Buy Transaction

308

4.6562 USD

Common

Buy Transaction

136

4.6568 USD

Common

Buy Transaction

372

4.6583 USD

Common

Buy Transaction

1,184

4.6585 USD

Common

Buy Transaction

766

4.6586 USD

Common

Buy Transaction

7,899

4.6594 USD

Common

Buy Transaction

1,128

4.6596 USD

Common

Buy Transaction

15,176

4.6600 USD

Common

Buy Transaction

8,222

4.6603 USD

Common

Buy Transaction

525

4.6633 USD

Common

Buy Transaction

300

4.6633 USD

Common

Buy Transaction

1,698

4.6638 USD

Common

Buy Transaction

200

4.6650 USD

Common

Buy Transaction

2,725

4.6650 USD

Common

Buy Transaction

2,452

4.6661 USD

Common

Buy Transaction

288

4.6689 USD

Common

Buy Transaction

4,234

4.6692 USD

Common

Buy Transaction

1,586

4.6697 USD

Common

Buy Transaction

66,742

4.6700 USD

Common

Buy Transaction

1,547

4.6705 USD

Common

Buy Transaction

340

4.6707 USD

Common

Buy Transaction

45

4.6709 USD

Common

Buy Transaction

946

4.6722 USD

Common

Buy Transaction

1,522

4.6727 USD

Common

Buy Transaction

3,272

4.6727 USD

Common

Buy Transaction

740

4.6727 USD

Common

Buy Transaction

1,311

4.6727 USD

Common

Buy Transaction

493

4.6728 USD

Common

Buy Transaction

162

4.6729 USD

Common

Buy Transaction

150

4.6733 USD

Common

Buy Transaction

20,464

4.6739 USD

Common

Buy Transaction

51,180

4.6739 USD

Common

Buy Transaction

7,702

4.6739 USD

Common

Buy Transaction

2,553

4.6739 USD

Common

Buy Transaction

199

4.6739 USD

Common

Buy Transaction

353

4.6741 USD

Common

Buy Transaction

16,574

4.6750 USD

Common

Buy Transaction

245

4.6750 USD

Common

Buy Transaction

21

4.6752 USD

Common

Buy Transaction

1,845

4.6773 USD

Common

Buy Transaction

310

4.6777 USD

Common

Buy Transaction

214

4.6779 USD

Common

Buy Transaction

651

4.6780 USD

Common

Buy Transaction

677

4.6783 USD

Common

Buy Transaction

101

4.6783 USD

Common

Buy Transaction

271

4.6783 USD

Common

Buy Transaction

210

4.6793 USD

Common

Buy Transaction

188

4.6794 USD

Common

Buy Transaction

35

4.6796 USD

Common

Buy Transaction

117

4.6796 USD

Common

Buy Transaction

143

4.6797 USD

Common

Buy Transaction

333

4.6797 USD

Common

Buy Transaction

95

4.6797 USD

Common

Buy Transaction

135

4.6797 USD

Common

Buy Transaction

271

4.6799 USD

Common

Buy Transaction

110

4.6799 USD

Common

Buy Transaction

41

4.6799 USD

Common

Buy Transaction

53

4.6799 USD

Common

Buy Transaction

3,816

4.6800 USD

Common

Buy Transaction

107

4.6805 USD

Common

Buy Transaction

41

4.6807 USD

Common

Buy Transaction

267

4.6809 USD

Common

Buy Transaction

11

4.6809 USD

Common

Buy Transaction

108

4.6809 USD

Common

Buy Transaction

18

4.6814 USD

Common

Buy Transaction

102

4.6823 USD

Common

Buy Transaction

244

4.6828 USD

Common

Buy Transaction

99

4.6829 USD

Common

Buy Transaction

39

4.6829 USD

Common

Buy Transaction

3,975

4.6839 USD

Common

Buy Transaction

11,921

4.6839 USD

Common

Buy Transaction

31,792

4.6839 USD

Common

Buy Transaction

79,477

4.6839 USD

Common

Buy Transaction

259

4.6841 USD

Common

Buy Transaction

14

4.6843 USD

Common

Buy Transaction

170

4.6848 USD

Common

Buy Transaction

457

4.6856 USD

Common

Buy Transaction

188

4.6856 USD

Common

Buy Transaction

73

4.6856 USD

Common

Buy Transaction

34

4.6857 USD

Common

Buy Transaction

369

4.6880 USD

Common

Buy Transaction

880

4.6882 USD

Common

Buy Transaction

360

4.6882 USD

Common

Buy Transaction

136

4.6883 USD

Common

Buy Transaction

3,030

4.6883 USD

Common

Buy Transaction

140

4.6884 USD

Common

Buy Transaction

53

4.6886 USD

Common

Buy Transaction

96

4.6896 USD

Common

Buy Transaction

547

4.6896 USD

Common

Buy Transaction

506

4.6900 USD

Common

Buy Transaction

704

4.6900 USD

Common

Buy Transaction

1,046

4.6914 USD

Common

Buy Transaction

153

4.6916 USD

Common

Buy Transaction

125

4.6950 USD

Common

Buy Transaction

34

4.6965 USD

Common

Buy Transaction

300

4.7000 USD

Common

Buy Transaction

10

4.7200 USD

Common

Buy Transaction

1

4.7400 USD

Common

DVP Transaction

1

4.5700 USD

Common

DVP Transaction

2

4.5750 USD

Common

DVP Transaction

2

4.5800 USD

Common

DVP Transaction

30

4.5850 USD

Common

DVP Transaction

7

4.5900 USD

Common

DVP Transaction

2

4.5950 USD

Common

DVP Transaction

6

4.6017 USD

Common

DVP Transaction

2

4.6050 USD

Common

DVP Transaction

9

4.6067 USD

Common

DVP Transaction

803

4.6170 USD

Common

DVP Transaction

1,006

4.6595 USD

Common

DVP Transaction

20,782

4.6700 USD

Common

DVP Transaction

1,066

4.6853 USD

Common

DVP Transaction

1,000

4.6900 USD

Common

DVP Transaction

1

4.7000 USD

Common

RVP Transaction

20

4.5600 USD

Common

RVP Transaction

26

4.5650 USD

Common

RVP Transaction

40

4.5723 USD

Common

RVP Transaction

5

4.5800 USD

Common

RVP Transaction

30

4.5850 USD

Common

RVP Transaction

44

4.5918 USD

Common

RVP Transaction

31

4.5961 USD

Common

RVP Transaction

143

4.6053 USD

Common

RVP Transaction

126

4.6073 USD

Common

RVP Transaction

146

4.6075 USD

Common

RVP Transaction

48

4.6333 USD

Common

RVP Transaction

134

4.6413 USD

Common

RVP Transaction

40

4.6435 USD

Common

RVP Transaction

1,001

4.6599 USD

Common

RVP Transaction

20,956

4.6700 USD

Common

RVP Transaction

26

4.6750 USD

Common

RVP Transaction

373

4.6790 USD

Common

RVP Transaction

1

4.6800 USD

Common

RVP Transaction

28

4.6850 USD

Common

RVP Transaction

1,000

4.6900 USD

Common

RVP Transaction

501

4.7000 USD

Common

Sell Transaction

220

4.5100 USD

Common

Sell Transaction

30

4.5250 USD

Common

Sell Transaction

854

4.5307 USD

Common

Sell Transaction

7,213

4.5331 USD

Common

Sell Transaction

200

4.5350 USD

Common

Sell Transaction

366

4.5389 USD

Common

Sell Transaction

1,805

4.5432 USD

Common

Sell Transaction

376

4.5459 USD

Common

Sell Transaction

1,858

4.5469 USD

Common

Sell Transaction

3

4.5500 USD

Common

Sell Transaction

1,535

4.5574 USD

Common

Sell Transaction

1,069

4.5581 USD

Common

Sell Transaction

1

4.5600 USD

Common

Sell Transaction

688

4.5662 USD

Common

Sell Transaction

2,000

4.5692 USD

Common

Sell Transaction

302

4.5700 USD

Common

Sell Transaction

144

4.5719 USD

Common

Sell Transaction

1,684

4.5727 USD

Common

Sell Transaction

463

4.5744 USD

Common

Sell Transaction

11,712

4.5767 USD

Common

Sell Transaction

3,171

4.5796 USD

Common

Sell Transaction

300

4.5800 USD

Common

Sell Transaction

1,294

4.5816 USD

Common

Sell Transaction

2,534

4.5847 USD

Common

Sell Transaction

350

4.5853 USD

Common

Sell Transaction

2,450

4.5856 USD

Common

Sell Transaction

126

4.5867 USD

Common

Sell Transaction

405

4.5875 USD

Common

Sell Transaction

100

4.5891 USD

Common

Sell Transaction

945

4.5893 USD

Common

Sell Transaction

98

4.5899 USD

Common

Sell Transaction

1,143

4.5900 USD

Common

Sell Transaction

58

4.5928 USD

Common

Sell Transaction

96

4.5936 USD

Common

Sell Transaction

2,047

4.5946 USD

Common

Sell Transaction

452

4.5965 USD

Common

Sell Transaction

2,116

4.5975 USD

Common

Sell Transaction

1,040

4.5992 USD

Common

Sell Transaction

1,402

4.6000 USD

Common

Sell Transaction

1,735

4.6021 USD

Common

Sell Transaction

2,782

4.6023 USD

Common

Sell Transaction

36

4.6050 USD

Common

Sell Transaction

900

4.6056 USD

Common

Sell Transaction

509

4.6075 USD

Common

Sell Transaction

2,800

4.6086 USD

Common

Sell Transaction

50

4.6092 USD

Common

Sell Transaction

6,360

4.6098 USD

Common

Sell Transaction

1,504

4.6100 USD

Common

Sell Transaction

17

4.6118 USD

Common

Sell Transaction

800

4.6137 USD

Common

Sell Transaction

132

4.6143 USD

Common

Sell Transaction

300

4.6150 USD

Common

Sell Transaction

4

4.6160 USD

Common

Sell Transaction

599

4.6166 USD

Common

Sell Transaction

6

4.6183 USD

Common

Sell Transaction

415

4.6186 USD

Common

Sell Transaction

1,000

4.6191 USD

Common

Sell Transaction

500

4.6192 USD

Common

Sell Transaction

519

4.6193 USD

Common

Sell Transaction

300

4.6200 USD

Common

Sell Transaction

3,652

4.6222 USD

Common

Sell Transaction

618

4.6225 USD

Common

Sell Transaction

1,527

4.6239 USD

Common

Sell Transaction

5,629

4.6246 USD

Common

Sell Transaction

1,045

4.6277 USD

Common

Sell Transaction

300

4.6300 USD

Common

Sell Transaction

64

4.6323 USD

Common

Sell Transaction

12,028

4.6328 USD

Common

Sell Transaction

33

4.6336 USD

Common

Sell Transaction

40

4.6345 USD

Common

Sell Transaction

863

4.6360 USD

Common

Sell Transaction

1,689

4.6365 USD

Common

Sell Transaction

618

4.6379 USD

Common

Sell Transaction

3,274

4.6381 USD

Common

Sell Transaction

600

4.6383 USD

Common

Sell Transaction

6,606

4.6386 USD

Common

Sell Transaction

694

4.6404 USD

Common

Sell Transaction

6,799

4.6409 USD

Common

Sell Transaction

499

4.6419 USD

Common

Sell Transaction

192

4.6471 USD

Common

Sell Transaction

1,421

4.6472 USD

Common

Sell Transaction

653

4.6476 USD

Common

Sell Transaction

426

4.6481 USD

Common

Sell Transaction

2,462

4.6503 USD

Common

Sell Transaction

2,026

4.6528 USD

Common

Sell Transaction

15

4.6533 USD

Common

Sell Transaction

267

4.6538 USD

Common

Sell Transaction

8,365

4.6540 USD

Common

Sell Transaction

1,922

4.6546 USD

Common

Sell Transaction

52

4.6550 USD

Common

Sell Transaction

2,050

4.6576 USD

Common

Sell Transaction

1,269

4.6600 USD

Common

Sell Transaction

4,100

4.6650 USD

Common

Sell Transaction

2,200

4.6682 USD

Common

Sell Transaction

23,862

4.6700 USD

Common

Sell Transaction

2,107

4.6732 USD

Common

Sell Transaction

289

4.6745 USD

Common

Sell Transaction

100

4.6751 USD

Common

Sell Transaction

700

4.6757 USD

Common

Sell Transaction

127

4.6765 USD

Common

Sell Transaction

175

4.6783 USD

Common

Sell Transaction

40

4.6785 USD

Common

Sell Transaction

161

4.6790 USD

Common

Sell Transaction

598

4.6791 USD

Common

Sell Transaction

309

4.6800 USD

Common

Sell Transaction

10,852

4.6823 USD

Common

Sell Transaction

3,200

4.6834 USD

Common

Sell Transaction

242

4.6836 USD

Common

Sell Transaction

180

4.6850 USD

Common

Sell Transaction

25

4.6864 USD

Common

Sell Transaction

200

4.6890 USD

Common

Sell Transaction

1,635

4.6917 USD

Common

Sell Transaction

10

4.6990 USD

Common

Sell Transaction

48

4.7000 USD

Common

Sell Transaction

338

4.7006 USD

Common

Sell Transaction

100

4.7300 USD

Common

Sell Transaction

347

4.7400 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

Common

Call Option

Buy Transaction

1

6.0000 USD

American

2025-Jun-20

0.1500 USD

Common

Call Option

Buy Transaction

1

6.0000 USD

American

2025-Jul-18

0.1500 USD

Common

Call Option

Sell Transaction

30

6.0000 USD

American

2025-Apr-17

0.1000 USD

Common

Put Option

Sell Transaction

15

4.0000 USD

American

2025-Mar-21

0.1000 USD

Common

Call Option

Sell Transaction

2

6.0000 USD

American

2025-Oct-17

0.3200 USD

Common

Call Option

Sell Transaction

1

5.0000 USD

American

2025-Jul-18

0.4500 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:

6 March 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

Call Option

Purchased

600

10.0 USD

 

American

 

17/04/2025

 

Common

Put Option

Purchased

-5,800

5.0 USD

 

American

 

21/03/2025

 

Common

Put Option

Purchased

-100

8.0 USD

 

American

 

21/03/2025

 

Common

Put Option

Purchased

-200

5.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Purchased

-800

7.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Purchased

-800

5.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-4,000

4.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

900

5.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

700

10.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Purchased

2,500

10.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Purchased

-100,000

7.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

2,300

7.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

246,200

6.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Purchased

-3,800

4.0 USD

 

American

 

17/04/2025

 

Common

Put Option

Purchased

-500

5.0 USD

 

American

 

17/10/2025

 

Common

Call Option

Purchased

100

4.0 USD

 

American

 

21/03/2025

 

Common

Put Option

Purchased

-5,400

4.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Purchased

-104,200

6.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-4,000

3.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

300,000

6.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Purchased

300

8.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-8,400

5.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-13,900

5.0 USD

 

American

 

17/04/2025

 

Common

Put Option

Sold

7,600

6.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-1,200

6.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Sold

-7,700

7.0 USD

 

American

 

21/03/2025

 

Common

Call Option

Sold

-200

7.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-14,000

6.0 USD

 

American

 

21/03/2025

 

Common

Call Option

Sold

-8,600

8.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-500

10.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-31,700

5.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-8,800

4.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Sold

-29,400

8.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-116,600

7.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Sold

1,600

4.0 USD

 

American

 

21/03/2025

 

Common

Call Option

Sold

-100

15.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-3,200

4.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-300

5.0 USD

 

American

 

21/03/2025

 

Common

Call Option

Sold

-3,500

4.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-1,500

6.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-500

3.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-1,900

9.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-1,600

5.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Sold

-800

12.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-500

4.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Sold

75,400

7.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-200

6.0 USD

 

American

 

17/10/2025

 

Common

Call Option

Sold

-2,500

4.0 USD

 

American

 

17/07/2026

 

Common

Put Option

Sold

900

6.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Sold

9,200

5.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-12,700

7.0 USD

 

American

 

17/04/2025

 

Common

Put Option

Sold

99,900

8.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Sold

-100,800

5.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-1,000

3.0 USD

 

American

 

16/01/2026

 

 

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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