18th 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 | 17 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: | 1,752,324 | 1.47 | 114,513 | 0.09 |
(2) Cash-settled derivatives:
| 618,267 | 0.52 | 0 | 0.00 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 1,378,200 | 1.16 | 678,800 | 0.57 |
TOTAL: | 3,748,791 | 3.15 | 793,313 | 0.66 |
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 | 180,034 | 4.7700 USD |
Common | Buy Transaction | 1,400 | 4.7771 USD |
Common | Buy Transaction | 3,439 | 4.7800 USD |
Common | Buy Transaction | 1,350 | 4.7811 USD |
Common | Buy Transaction | 122 | 4.7824 USD |
Common | Buy Transaction | 3,272 | 4.7875 USD |
Common | Buy Transaction | 117 | 4.7900 USD |
Common | Buy Transaction | 438 | 4.7902 USD |
Common | Buy Transaction | 2,830 | 4.7910 USD |
Common | Buy Transaction | 66 | 4.7911 USD |
Common | Buy Transaction | 8,744 | 4.7911 USD |
Common | Buy Transaction | 1,467 | 4.7911 USD |
Common | Buy Transaction | 1,533 | 4.7911 USD |
Common | Buy Transaction | 388 | 4.7921 USD |
Common | Buy Transaction | 700 | 4.7950 USD |
Common | Buy Transaction | 542 | 4.7977 USD |
Common | Buy Transaction | 12,800 | 4.7992 USD |
Common | Buy Transaction | 3,002 | 4.8000 USD |
Common | Buy Transaction | 1 | 4.8020 USD |
Common | Buy Transaction | 1 | 4.8043 USD |
Common | Buy Transaction | 105 | 4.8077 USD |
Common | Buy Transaction | 4 | 4.8100 USD |
Common | Buy Transaction | 1,997 | 4.8123 USD |
Common | Buy Transaction | 891 | 4.8138 USD |
Common | Buy Transaction | 1,869 | 4.8177 USD |
Common | Buy Transaction | 275,058 | 4.8192 USD |
Common | Buy Transaction | 3,876 | 4.8192 USD |
Common | Buy Transaction | 361 | 4.8200 USD |
Common | Buy Transaction | 55 | 4.8209 USD |
Common | Buy Transaction | 58 | 4.8217 USD |
Common | Buy Transaction | 9,381 | 4.8243 USD |
Common | Buy Transaction | 234 | 4.8249 USD |
Common | Buy Transaction | 52 | 4.8250 USD |
Common | Buy Transaction | 3,770 | 4.8264 USD |
Common | Buy Transaction | 3,361 | 4.8269 USD |
Common | Buy Transaction | 453 | 4.8274 USD |
Common | Buy Transaction | 29 | 4.8286 USD |
Common | Buy Transaction | 7,766 | 4.8301 USD |
Common | Buy Transaction | 2,200 | 4.8314 USD |
Common | Buy Transaction | 1,400 | 4.8321 USD |
Common | Buy Transaction | 310 | 4.8323 USD |
Common | Buy Transaction | 650 | 4.8325 USD |
Common | Buy Transaction | 2,034 | 4.8390 USD |
Common | Buy Transaction | 1,167 | 4.8397 USD |
Common | Buy Transaction | 3 | 4.8400 USD |
Common | Buy Transaction | 3,692 | 4.8405 USD |
Common | Buy Transaction | 1,300 | 4.8423 USD |
Common | Buy Transaction | 1,572 | 4.8437 USD |
Common | Buy Transaction | 1,155 | 4.8467 USD |
Common | Buy Transaction | 2,576 | 4.8500 USD |
Common | Buy Transaction | 1,900 | 4.8516 USD |
Common | Buy Transaction | 239 | 4.8556 USD |
Common | Buy Transaction | 541 | 4.8565 USD |
Common | Buy Transaction | 1,046 | 4.8566 USD |
Common | Buy Transaction | 2 | 4.8600 USD |
Common | Buy Transaction | 2,618 | 4.8628 USD |
Common | Buy Transaction | 898 | 4.8632 USD |
Common | Buy Transaction | 1 | 4.8647 USD |
Common | Buy Transaction | 4,185 | 4.8692 USD |
Common | Buy Transaction | 400 | 4.8750 USD |
Common | Buy Transaction | 140 | 4.8800 USD |
Common | Buy Transaction | 7,431 | 4.8807 USD |
Common | Buy Transaction | 115 | 4.8810 USD |
Common | Buy Transaction | 2,000 | 4.8855 USD |
Common | Buy Transaction | 521 | 4.8855 USD |
Common | Buy Transaction | 654 | 4.8859 USD |
Common | Buy Transaction | 1,191 | 4.8868 USD |
Common | Buy Transaction | 400 | 4.8900 USD |
Common | Buy Transaction | 1,942 | 4.8911 USD |
Common | Buy Transaction | 1,285 | 4.8912 USD |
Common | Buy Transaction | 9,174 | 4.8923 USD |
Common | Buy Transaction | 480 | 4.8958 USD |
Common | Buy Transaction | 3,015 | 4.8964 USD |
Common | Buy Transaction | 1,063 | 4.8967 USD |
Common | Buy Transaction | 1,000 | 4.8970 USD |
Common | Buy Transaction | 843 | 4.9000 USD |
Common | Buy Transaction | 500 | 4.9060 USD |
Common | Buy Transaction | 1,928 | 4.9100 USD |
Common | Buy Transaction | 3 | 4.9133 USD |
Common | Buy Transaction | 40 | 4.9150 USD |
Common | Buy Transaction | 1,000 | 4.9200 USD |
Common | Buy Transaction | 1,000 | 4.9205 USD |
Common | Buy Transaction | 500 | 4.9240 USD |
Common | Buy Transaction | 3 | 4.9300 USD |
Common | Buy Transaction | 7 | 4.9400 USD |
Common | DVP Transaction | 105,524 | 4.7700 USD |
Common | DVP Transaction | 1,829 | 4.7800 USD |
Common | DVP Transaction | 3,275 | 4.8100 USD |
Common | DVP Transaction | 1 | 4.8900 USD |
Common | DVP Transaction | 1 | 4.9100 USD |
Common | DVP Transaction | 1 | 4.9300 USD |
Common | DVP Transaction | 101 | 4.9489 USD |
Common | DVP Transaction | 301 | 4.9495 USD |
Common | RVP Transaction | 105,524 | 4.7700 USD |
Common | RVP Transaction | 1,829 | 4.7800 USD |
Common | RVP Transaction | 3,276 | 4.8100 USD |
Common | RVP Transaction | 1 | 4.8400 USD |
Common | RVP Transaction | 1 | 4.8900 USD |
Common | RVP Transaction | 2 | 4.9200 USD |
Common | RVP Transaction | 400 | 4.9500 USD |
Common | Sell Transaction | 158,513 | 4.7700 USD |
Common | Sell Transaction | 9,968 | 4.7800 USD |
Common | Sell Transaction | 71 | 4.7814 USD |
Common | Sell Transaction | 11,272 | 4.7900 USD |
Common | Sell Transaction | 3,016 | 4.7951 USD |
Common | Sell Transaction | 1,667 | 4.7951 USD |
Common | Sell Transaction | 37 | 4.7951 USD |
Common | Sell Transaction | 800 | 4.7956 USD |
Common | Sell Transaction | 1,530 | 4.7967 USD |
Common | Sell Transaction | 6,782 | 4.7970 USD |
Common | Sell Transaction | 2,368 | 4.7978 USD |
Common | Sell Transaction | 24,199 | 4.7979 USD |
Common | Sell Transaction | 40,741 | 4.7988 USD |
Common | Sell Transaction | 1,477 | 4.7990 USD |
Common | Sell Transaction | 4,948 | 4.7990 USD |
Common | Sell Transaction | 10 | 4.7990 USD |
Common | Sell Transaction | 52 | 4.7990 USD |
Common | Sell Transaction | 59,946 | 4.7996 USD |
Common | Sell Transaction | 8 | 4.8000 USD |
Common | Sell Transaction | 8,119 | 4.8000 USD |
Common | Sell Transaction | 2 | 4.8011 USD |
Common | Sell Transaction | 91 | 4.8026 USD |
Common | Sell Transaction | 8,984 | 4.8027 USD |
Common | Sell Transaction | 1,581 | 4.8027 USD |
Common | Sell Transaction | 34 | 4.8029 USD |
Common | Sell Transaction | 5,476 | 4.8036 USD |
Common | Sell Transaction | 3,568 | 4.8043 USD |
Common | Sell Transaction | 8,663 | 4.8045 USD |
Common | Sell Transaction | 306 | 4.8046 USD |
Common | Sell Transaction | 2 | 4.8050 USD |
Common | Sell Transaction | 2,630 | 4.8058 USD |
Common | Sell Transaction | 11,859 | 4.8064 USD |
Common | Sell Transaction | 6,088 | 4.8069 USD |
Common | Sell Transaction | 207 | 4.8088 USD |
Common | Sell Transaction | 2,817 | 4.8100 USD |
Common | Sell Transaction | 561 | 4.8110 USD |
Common | Sell Transaction | 1,476 | 4.8113 USD |
Common | Sell Transaction | 900 | 4.8133 USD |
Common | Sell Transaction | 1,710 | 4.8134 USD |
Common | Sell Transaction | 5 | 4.8150 USD |
Common | Sell Transaction | 348 | 4.8172 USD |
Common | Sell Transaction | 731 | 4.8178 USD |
Common | Sell Transaction | 315 | 4.8189 USD |
Common | Sell Transaction | 55 | 4.8191 USD |
Common | Sell Transaction | 3,672 | 4.8191 USD |
Common | Sell Transaction | 399 | 4.8193 USD |
Common | Sell Transaction | 489 | 4.8200 USD |
Common | Sell Transaction | 177 | 4.8212 USD |
Common | Sell Transaction | 705 | 4.8214 USD |
Common | Sell Transaction | 2,068 | 4.8220 USD |
Common | Sell Transaction | 4,123 | 4.8238 USD |
Common | Sell Transaction | 5 | 4.8240 USD |
Common | Sell Transaction | 215,112 | 4.8246 USD |
Common | Sell Transaction | 300 | 4.8250 USD |
Common | Sell Transaction | 745 | 4.8250 USD |
Common | Sell Transaction | 215 | 4.8251 USD |
Common | Sell Transaction | 189 | 4.8265 USD |
Common | Sell Transaction | 7,576 | 4.8265 USD |
Common | Sell Transaction | 8,008 | 4.8266 USD |
Common | Sell Transaction | 2,301 | 4.8272 USD |
Common | Sell Transaction | 14,062 | 4.8286 USD |
Common | Sell Transaction | 10,303 | 4.8300 USD |
Common | Sell Transaction | 194 | 4.8323 USD |
Common | Sell Transaction | 2,231 | 4.8331 USD |
Common | Sell Transaction | 5,141 | 4.8337 USD |
Common | Sell Transaction | 500 | 4.8350 USD |
Common | Sell Transaction | 630 | 4.8357 USD |
Common | Sell Transaction | 2,014 | 4.8368 USD |
Common | Sell Transaction | 7 | 4.8371 USD |
Common | Sell Transaction | 254 | 4.8376 USD |
Common | Sell Transaction | 5,360 | 4.8400 USD |
Common | Sell Transaction | 3,181 | 4.8401 USD |
Common | Sell Transaction | 11,199 | 4.8410 USD |
Common | Sell Transaction | 655 | 4.8414 USD |
Common | Sell Transaction | 3,285 | 4.8414 USD |
Common | Sell Transaction | 33 | 4.8421 USD |
Common | Sell Transaction | 7,175 | 4.8423 USD |
Common | Sell Transaction | 3,800 | 4.8437 USD |
Common | Sell Transaction | 2,616 | 4.8439 USD |
Common | Sell Transaction | 2,871 | 4.8447 USD |
Common | Sell Transaction | 6,830 | 4.8450 USD |
Common | Sell Transaction | 84 | 4.8450 USD |
Common | Sell Transaction | 901 | 4.8477 USD |
Common | Sell Transaction | 871 | 4.8479 USD |
Common | Sell Transaction | 405 | 4.8483 USD |
Common | Sell Transaction | 7,015 | 4.8493 USD |
Common | Sell Transaction | 3,224 | 4.8495 USD |
Common | Sell Transaction | 1,232 | 4.8499 USD |
Common | Sell Transaction | 2,702 | 4.8500 USD |
Common | Sell Transaction | 149 | 4.8504 USD |
Common | Sell Transaction | 1,230 | 4.8507 USD |
Common | Sell Transaction | 13 | 4.8508 USD |
Common | Sell Transaction | 1,581 | 4.8515 USD |
Common | Sell Transaction | 3,304 | 4.8523 USD |
Common | Sell Transaction | 2,276 | 4.8523 USD |
Common | Sell Transaction | 2,300 | 4.8526 USD |
Common | Sell Transaction | 2,185 | 4.8543 USD |
Common | Sell Transaction | 289 | 4.8546 USD |
Common | Sell Transaction | 514 | 4.8549 USD |
Common | Sell Transaction | 1,091 | 4.8550 USD |
Common | Sell Transaction | 1,000 | 4.8550 USD |
Common | Sell Transaction | 974 | 4.8553 USD |
Common | Sell Transaction | 2,531 | 4.8604 USD |
Common | Sell Transaction | 6,901 | 4.8616 USD |
Common | Sell Transaction | 713 | 4.8628 USD |
Common | Sell Transaction | 4,166 | 4.8675 USD |
Common | Sell Transaction | 1,120 | 4.8679 USD |
Common | Sell Transaction | 1,620 | 4.8700 USD |
Common | Sell Transaction | 700 | 4.8707 USD |
Common | Sell Transaction | 1,705 | 4.8717 USD |
Common | Sell Transaction | 2,036 | 4.8720 USD |
Common | Sell Transaction | 1,931 | 4.8720 USD |
Common | Sell Transaction | 1,300 | 4.8724 USD |
Common | Sell Transaction | 1,689 | 4.8730 USD |
Common | Sell Transaction | 800 | 4.8731 USD |
Common | Sell Transaction | 500 | 4.8739 USD |
Common | Sell Transaction | 498 | 4.8800 USD |
Common | Sell Transaction | 2,394 | 4.8807 USD |
Common | Sell Transaction | 400 | 4.8850 USD |
Common | Sell Transaction | 517 | 4.8867 USD |
Common | Sell Transaction | 331 | 4.8881 USD |
Common | Sell Transaction | 279 | 4.8902 USD |
Common | Sell Transaction | 2,382 | 4.8970 USD |
Common | Sell Transaction | 2,200 | 4.8984 USD |
Common | Sell Transaction | 411 | 4.8986 USD |
Common | Sell Transaction | 53 | 4.8992 USD |
Common | Sell Transaction | 596 | 4.8995 USD |
Common | Sell Transaction | 2,739 | 4.8999 USD |
Common | Sell Transaction | 36 | 4.9000 USD |
Common | Sell Transaction | 600 | 4.9017 USD |
Common | Sell Transaction | 238 | 4.9039 USD |
Common | Sell Transaction | 1,009 | 4.9040 USD |
Common | Sell Transaction | 94 | 4.9045 USD |
Common | Sell Transaction | 2,300 | 4.9050 USD |
Common | Sell Transaction | 379 | 4.9059 USD |
Common | Sell Transaction | 300 | 4.9067 USD |
Common | Sell Transaction | 342 | 4.9072 USD |
Common | Sell Transaction | 223 | 4.9091 USD |
Common | Sell Transaction | 13 | 4.9100 USD |
Common | Sell Transaction | 100 | 4.9200 USD |
Common | Sell Transaction | 124 | 4.9268 USD |
Common | Sell Transaction | 15 | 4.9293 USD |
Common | Sell Transaction | 300 | 4.9300 USD |
Common | Sell Transaction | 700 | 4.9329 USD |
Common | Sell Transaction | 400 | 4.9350 USD |
Common | Sell Transaction | 500 | 4.9380 USD |
Common | Sell Transaction | 100 | 4.9394 USD |
Common | Sell Transaction | 800 | 4.9450 USD |
Common | Sell Transaction | 300 | 4.9467 USD |
Common | Sell Transaction | 800 | 4.9500 USD |
Common | Sell Transaction | 2,423 | 4.9502 USD |
Common | Sell Transaction | 500 | 4.9520 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 | Increasing long position | 20,379 | 4.8008 USD |
Common | CFD | Increasing long position | 410 | 4.8184 USD |
Common | CFD | Increasing long position | 400 | 4.8375 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 | 2,400 | 5.0000 USD | American | 2025-Jul-18 | 0.0100 USD |
Common | Call Option | Buy Transaction | 1 | 10.0000 USD | American | 2026-Jan-16 | 0.0500 USD |
Common | Call Option | Buy Transaction | 7,200 | 5.0000 USD | American | 2025-Jul-18 | 0.0500 USD |
Common | Call Option | Buy Transaction | 4 | 5.0000 USD | American | 2025-Jul-18 | 0.0600 USD |
Common | Call Option | Buy Transaction | 1 | 7.0000 USD | American | 2025-Oct-17 | 0.1000 USD |
Common | Call Option | Buy Transaction | 68 | 6.0000 USD | American | 2025-Oct-17 | 0.2000 USD |
Common | Call Option | Buy Transaction | 30 | 6.0000 USD | American | 2025-Oct-17 | 0.2500 USD |
Common | Call Option | Buy Transaction | 30 | 6.0000 USD | American | 2025-Oct-17 | 0.2600 USD |
Common | Call Option | Buy Transaction | 68 | 6.0000 USD | American | 2025-Oct-17 | 0.2700 USD |
Common | Call Option | Buy Transaction | 516 | 6.0000 USD | American | 2025-Oct-17 | 0.2800 USD |
Common | Call Option | Buy Transaction | 96 | 6.0000 USD | American | 2026-Jan-16 | 0.4500 USD |
Common | Call Option | Buy Transaction | 2 | 6.0000 USD | American | 2026-Jan-16 | 0.4800 USD |
Common | Call Option | Buy Transaction | 732 | 6.0000 USD | American | 2026-Jan-16 | 0.5000 USD |
Common | Call Option | Buy Transaction | 138 | 6.0000 USD | American | 2026-Jan-16 | 0.5100 USD |
Common | Call Option | Buy Transaction | 224 | 6.0000 USD | American | 2026-Jan-16 | 0.5200 USD |
Common | Call Option | Buy Transaction | 1 | 5.0000 USD | American | 2026-Jan-16 | 0.8000 USD |
Common | Call Option | DVP Transaction | 1 | 5.0000 USD | American | 2025-Jul-18 | 0.0500 USD |
Common | Call Option | DVP Transaction | 4 | 5.0000 USD | American | 2025-Jul-18 | 0.0600 USD |
Common | Call Option | DVP Transaction | 1 | 7.0000 USD | American | 2025-Oct-17 | 0.1000 USD |
Common | Call Option | DVP Transaction | 800 | 6.0000 USD | American | 2025-Oct-17 | 0.2698 USD |
Common | Call Option | DVP Transaction | 2 | 6.0000 USD | American | 2026-Jan-16 | 0.4500 USD |
Common | Call Option | DVP Transaction | 2 | 6.0000 USD | American | 2026-Jan-16 | 0.4800 USD |
Common | Call Option | DVP Transaction | 20 | 6.0000 USD | American | 2026-Jan-16 | 0.5000 USD |
Common | Call Option | DVP Transaction | 1,200 | 6.0000 USD | American | 2026-Jan-16 | 0.5010 USD |
Common | Call Option | DVP Transaction | 2 | 5.0000 USD | American | 2025-Oct-17 | 0.5500 USD |
Common | Call Option | DVP Transaction | 400 | 5.0000 USD | American | 2025-Oct-17 | 0.6383 USD |
Common | Call Option | DVP Transaction | 1 | 5.0000 USD | American | 2026-Jan-16 | 0.8000 USD |
Common | Call Option | DVP Transaction | 600 | 5.0000 USD | American | 2026-Jan-16 | 0.8985 USD |
Common | Call Option | DVP Transaction | 1 | 5.0000 USD | American | 2026-Jul-17 | 1.3000 USD |
Common | Call Option | DVP Transaction | 2 | 1.0000 USD | American | 2026-Jul-17 | 3.9800 USD |
Common | Call Option | RVP Transaction | 5 | 5.0000 USD | American | 2025-Jul-18 | 0.0580 USD |
Common | Call Option | RVP Transaction | 1 | 7.0000 USD | American | 2025-Oct-17 | 0.1000 USD |
Common | Call Option | RVP Transaction | 800 | 6.0000 USD | American | 2025-Oct-17 | 0.2698 USD |
Common | Call Option | RVP Transaction | 2 | 6.0000 USD | American | 2026-Jan-16 | 0.4500 USD |
Common | Call Option | RVP Transaction | 22 | 6.0000 USD | American | 2026-Jan-16 | 0.4982 USD |
Common | Call Option | RVP Transaction | 1,200 | 6.0000 USD | American | 2026-Jan-16 | 0.5010 USD |
Common | Call Option | RVP Transaction | 2 | 5.0000 USD | American | 2025-Oct-17 | 0.5500 USD |
Common | Call Option | RVP Transaction | 400 | 5.0000 USD | American | 2025-Oct-17 | 0.6383 USD |
Common | Call Option | RVP Transaction | 1 | 5.0000 USD | American | 2026-Jan-16 | 0.8000 USD |
Common | Call Option | RVP Transaction | 600 | 5.0000 USD | American | 2026-Jan-16 | 0.8985 USD |
Common | Call Option | RVP Transaction | 1 | 5.0000 USD | American | 2026-Jul-17 | 1.3000 USD |
Common | Call Option | RVP Transaction | 2 | 1.0000 USD | American | 2026-Jul-17 | 3.9800 USD |
Common | Call Option | Sell Transaction | 34 | 5.0000 USD | American | 2025-Oct-17 | 0.5000 USD |
Common | Call Option | Sell Transaction | 15 | 5.0000 USD | American | 2025-Oct-17 | 0.6000 USD |
Common | Call Option | Sell Transaction | 7 | 5.0000 USD | American | 2025-Oct-17 | 0.6200 USD |
Common | Call Option | Sell Transaction | 16 | 5.0000 USD | American | 2025-Oct-17 | 0.6300 USD |
Common | Call Option | Sell Transaction | 26 | 5.0000 USD | American | 2025-Oct-17 | 0.6400 USD |
Common | Call Option | Sell Transaction | 16 | 5.0000 USD | American | 2025-Oct-17 | 0.6500 USD |
Common | Call Option | Sell Transaction | 242 | 5.0000 USD | American | 2025-Oct-17 | 0.6600 USD |
Common | Call Option | Sell Transaction | 47 | 5.0000 USD | American | 2026-Jan-16 | 0.8000 USD |
Common | Call Option | Sell Transaction | 362 | 5.0000 USD | American | 2026-Jan-16 | 0.9000 USD |
Common | Call Option | Sell Transaction | 43 | 5.0000 USD | American | 2026-Jan-16 | 0.9100 USD |
Common | Call Option | Sell Transaction | 78 | 5.0000 USD | American | 2026-Jan-16 | 0.9200 USD |
Common | Call Option | Sell Transaction | 60 | 5.0000 USD | American | 2026-Jan-16 | 0.9300 USD |
Common | Call Option | Sell Transaction | 1 | 1.0000 USD | American | 2026-Jul-17 | 3.9800 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: | 18 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 | Call Option | Purchased | 600,000 | 6.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 3,500 | 5.0 USD
| American
| 15/08/2025
|
Common | Put Option | Purchased | -200 | 6.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 270,900 | 6.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 2,000 | 3.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 314,700 | 5.0 USD
| American
| 18/07/2025
|
Common | Put Option | Purchased | -100 | 7.0 USD
| American
| 17/10/2025
|
Common | Put Option | Purchased | -900 | 5.0 USD
| American
| 17/10/2025
|
Common | Put Option | Purchased | -11,900 | 4.0 USD
| American
| 18/07/2025
|
Common | Put Option | Purchased | -13,100 | 3.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 100 | 7.0 USD
| American
| 17/10/2025
|
Common | Put Option | Purchased | -2,400 | 4.0 USD
| American
| 15/08/2025
|
Common | Put Option | Purchased | -700 | 7.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 3,000 | 10.0 USD
| American
| 16/01/2026
|
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 | Call Option | Purchased | 700 | 10.0 USD
| American
| 18/07/2025
|
Common | Put Option | Purchased | -200 | 7.0 USD
| American
| 15/08/2025
|
Common | Put Option | Purchased | -7,200 | 3.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 69,800 | 6.0 USD
| American
| 17/10/2025
|
Common | Put Option | Purchased | -201,700 | 4.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 300 | 15.0 USD
| American
| 16/01/2026
|
Common | Put Option | Purchased | -12,000 | 3.0 USD
| American
| 15/08/2025
|
Common | Call Option | Purchased | 300 | 2.0 USD
| American
| 17/10/2025
|
Common | Call Option | Purchased | 18,300 | 4.0 USD
| American
| 17/10/2025
|
Common | Put Option | Purchased | -700 | 6.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -117,200 | 7.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -33,200 | 6.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -1,400 | 3.0 USD
| American
| 16/01/2026
|
Common | Put Option | Sold | 300 | 5.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -2,000 | 3.0 USD
| American
| 17/10/2025
|
Common | Call Option | Sold | -48,500 | 5.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -1,400 | 4.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -2,400 | 10.0 USD
| American
| 17/07/2026
|
Common | Put Option | Sold | 90,700 | 5.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -200 | 7.0 USD
| American
| 18/07/2025
|
Common | Put Option | Sold | 2,600 | 3.0 USD
| American
| 17/10/2025
|
Common | Call Option | Sold | -2,500 | 4.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -100 | 2.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -300 | 3.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -29,400 | 8.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -700 | 12.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -141,100 | 5.0 USD
| American
| 17/10/2025
|
Common | Call Option | Sold | -36,900 | 5.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -8,300 | 4.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -100 | 1.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -1,100 | 7.0 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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