6th Jun 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 | 5 June 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: | 1,680,908 | 1.41 | 0 | 0.00 |
(2) Cash-settled derivatives:
| 691,747 | 0.58 | 0 | 0.00 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 989,800 | 0.83 | 996,300 | 0.83 |
TOTAL: | 3,362,455 | 2.83 | 996,300 | 0.83 |
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 | 6,605 | 4.0700 USD |
Common | Buy Transaction | 200 | 4.0807 USD |
Common | Buy Transaction | 2,000 | 4.0906 USD |
Common | Buy Transaction | 3,030 | 4.0923 USD |
Common | Buy Transaction | 5 | 4.0960 USD |
Common | Buy Transaction | 400 | 4.1000 USD |
Common | Buy Transaction | 100 | 4.1100 USD |
Common | Buy Transaction | 500 | 4.1270 USD |
Common | Buy Transaction | 3,470 | 4.1365 USD |
Common | Buy Transaction | 5,468 | 4.1398 USD |
Common | Buy Transaction | 300 | 4.1400 USD |
Common | Buy Transaction | 4,589 | 4.1409 USD |
Common | Buy Transaction | 3,509 | 4.1423 USD |
Common | Buy Transaction | 1,220 | 4.1446 USD |
Common | Buy Transaction | 200 | 4.1450 USD |
Common | Buy Transaction | 700 | 4.1457 USD |
Common | Buy Transaction | 2,100 | 4.1471 USD |
Common | Buy Transaction | 460 | 4.1500 USD |
Common | Buy Transaction | 2,901 | 4.1514 USD |
Common | Buy Transaction | 19,580 | 4.1547 USD |
Common | Buy Transaction | 215 | 4.1549 USD |
Common | Buy Transaction | 200 | 4.1550 USD |
Common | Buy Transaction | 12,997 | 4.1551 USD |
Common | Buy Transaction | 1,993 | 4.1568 USD |
Common | Buy Transaction | 31,544 | 4.1576 USD |
Common | Buy Transaction | 2,800 | 4.1579 USD |
Common | Buy Transaction | 199 | 4.1580 USD |
Common | Buy Transaction | 1,206 | 4.1600 USD |
Common | Buy Transaction | 5,400 | 4.1607 USD |
Common | Buy Transaction | 935 | 4.1618 USD |
Common | Buy Transaction | 1,360 | 4.1635 USD |
Common | Buy Transaction | 31,302 | 4.1646 USD |
Common | Buy Transaction | 2,400 | 4.1664 USD |
Common | Buy Transaction | 1,200 | 4.1675 USD |
Common | Buy Transaction | 910 | 4.1678 USD |
Common | Buy Transaction | 1,710 | 4.1689 USD |
Common | Buy Transaction | 284 | 4.1696 USD |
Common | Buy Transaction | 1,043 | 4.1698 USD |
Common | Buy Transaction | 7,530 | 4.1700 USD |
Common | Buy Transaction | 1,032 | 4.1701 USD |
Common | Buy Transaction | 878 | 4.1703 USD |
Common | Buy Transaction | 76 | 4.1704 USD |
Common | Buy Transaction | 649 | 4.1704 USD |
Common | Buy Transaction | 9,353 | 4.1705 USD |
Common | Buy Transaction | 1,400 | 4.1707 USD |
Common | Buy Transaction | 936 | 4.1708 USD |
Common | Buy Transaction | 3,190 | 4.1710 USD |
Common | Buy Transaction | 800 | 4.1712 USD |
Common | Buy Transaction | 2,300 | 4.1722 USD |
Common | Buy Transaction | 363 | 4.1723 USD |
Common | Buy Transaction | 584 | 4.1729 USD |
Common | Buy Transaction | 5,072 | 4.1730 USD |
Common | Buy Transaction | 11,833 | 4.1733 USD |
Common | Buy Transaction | 548 | 4.1742 USD |
Common | Buy Transaction | 3,502 | 4.1743 USD |
Common | Buy Transaction | 1,311 | 4.1750 USD |
Common | Buy Transaction | 100 | 4.1750 USD |
Common | Buy Transaction | 2,068 | 4.1753 USD |
Common | Buy Transaction | 2,190 | 4.1760 USD |
Common | Buy Transaction | 1,935 | 4.1762 USD |
Common | Buy Transaction | 186 | 4.1762 USD |
Common | Buy Transaction | 12,373 | 4.1763 USD |
Common | Buy Transaction | 1,700 | 4.1765 USD |
Common | Buy Transaction | 300 | 4.1767 USD |
Common | Buy Transaction | 2,627 | 4.1773 USD |
Common | Buy Transaction | 4,411 | 4.1775 USD |
Common | Buy Transaction | 911 | 4.1782 USD |
Common | Buy Transaction | 3,205 | 4.1783 USD |
Common | Buy Transaction | 361 | 4.1795 USD |
Common | Buy Transaction | 4,755 | 4.1800 USD |
Common | Buy Transaction | 3,400 | 4.1806 USD |
Common | Buy Transaction | 744 | 4.1806 USD |
Common | Buy Transaction | 1,215 | 4.1810 USD |
Common | Buy Transaction | 43,887 | 4.1817 USD |
Common | Buy Transaction | 22,725 | 4.1818 USD |
Common | Buy Transaction | 2,632 | 4.1823 USD |
Common | Buy Transaction | 7,475 | 4.1824 USD |
Common | Buy Transaction | 20 | 4.1825 USD |
Common | Buy Transaction | 2,786 | 4.1825 USD |
Common | Buy Transaction | 15 | 4.1853 USD |
Common | Buy Transaction | 7 | 4.1857 USD |
Common | Buy Transaction | 14,996 | 4.1859 USD |
Common | Buy Transaction | 4,673 | 4.1867 USD |
Common | Buy Transaction | 329 | 4.1868 USD |
Common | Buy Transaction | 443 | 4.1888 USD |
Common | Buy Transaction | 1,790 | 4.1890 USD |
Common | Buy Transaction | 3,301 | 4.1900 USD |
Common | Buy Transaction | 280 | 4.1907 USD |
Common | Buy Transaction | 206 | 4.1915 USD |
Common | Buy Transaction | 7,143 | 4.1916 USD |
Common | Buy Transaction | 850 | 4.1930 USD |
Common | Buy Transaction | 325 | 4.1931 USD |
Common | Buy Transaction | 10,179 | 4.1938 USD |
Common | Buy Transaction | 500 | 4.1940 USD |
Common | Buy Transaction | 26 | 4.1950 USD |
Common | Buy Transaction | 1,334 | 4.1951 USD |
Common | Buy Transaction | 1,123 | 4.1951 USD |
Common | Buy Transaction | 300 | 4.1967 USD |
Common | Buy Transaction | 965 | 4.1988 USD |
Common | Buy Transaction | 4,696 | 4.2000 USD |
Common | Buy Transaction | 2,566 | 4.2019 USD |
Common | Buy Transaction | 400 | 4.2025 USD |
Common | Buy Transaction | 417 | 4.2028 USD |
Common | Buy Transaction | 1,485 | 4.2033 USD |
Common | Buy Transaction | 5,000 | 4.2036 USD |
Common | Buy Transaction | 400 | 4.2038 USD |
Common | Buy Transaction | 1,620 | 4.2047 USD |
Common | Buy Transaction | 194 | 4.2055 USD |
Common | Buy Transaction | 2,041 | 4.2061 USD |
Common | Buy Transaction | 690 | 4.2070 USD |
Common | Buy Transaction | 736 | 4.2071 USD |
Common | Buy Transaction | 406 | 4.2075 USD |
Common | Buy Transaction | 275 | 4.2088 USD |
Common | Buy Transaction | 706 | 4.2095 USD |
Common | Buy Transaction | 1,702 | 4.2100 USD |
Common | Buy Transaction | 1,800 | 4.2101 USD |
Common | Buy Transaction | 15 | 4.2113 USD |
Common | Buy Transaction | 955 | 4.2125 USD |
Common | Buy Transaction | 5 | 4.2140 USD |
Common | Buy Transaction | 184 | 4.2144 USD |
Common | Buy Transaction | 885 | 4.2150 USD |
Common | Buy Transaction | 1,700 | 4.2150 USD |
Common | Buy Transaction | 3,041 | 4.2150 USD |
Common | Buy Transaction | 3,378 | 4.2150 USD |
Common | Buy Transaction | 766 | 4.2152 USD |
Common | Buy Transaction | 2,120 | 4.2157 USD |
Common | Buy Transaction | 1,034 | 4.2157 USD |
Common | Buy Transaction | 1,510 | 4.2160 USD |
Common | Buy Transaction | 1,026 | 4.2164 USD |
Common | Buy Transaction | 301 | 4.2166 USD |
Common | Buy Transaction | 500 | 4.2180 USD |
Common | Buy Transaction | 149 | 4.2198 USD |
Common | Buy Transaction | 407 | 4.2200 USD |
Common | Buy Transaction | 16,448 | 4.2236 USD |
Common | Buy Transaction | 88 | 4.2274 USD |
Common | Buy Transaction | 14,562 | 4.2300 USD |
Common | Buy Transaction | 54,051 | 4.2400 USD |
Common | Buy Transaction | 874 | 4.2408 USD |
Common | Buy Transaction | 1 | 4.2415 USD |
Common | Buy Transaction | 1,015 | 4.2500 USD |
Common | Buy Transaction | 1,800 | 4.2550 USD |
Common | DVP Transaction | 1 | 4.0800 USD |
Common | DVP Transaction | 23 | 4.1600 USD |
Common | DVP Transaction | 1 | 4.1800 USD |
Common | DVP Transaction | 63,718 | 4.1803 USD |
Common | DVP Transaction | 165 | 4.1930 USD |
Common | DVP Transaction | 167 | 4.2000 USD |
Common | DVP Transaction | 1,634 | 4.2004 USD |
Common | DVP Transaction | 600 | 4.2100 USD |
Common | DVP Transaction | 1,364 | 4.2300 USD |
Common | DVP Transaction | 53,951 | 4.2400 USD |
Common | DVP Transaction | 1,418 | 4.2700 USD |
Common | DVP Transaction | 3 | 4.3500 USD |
Common | RVP Transaction | 23 | 4.1600 USD |
Common | RVP Transaction | 996 | 4.1715 USD |
Common | RVP Transaction | 1,496 | 4.1730 USD |
Common | RVP Transaction | 2,406 | 4.1743 USD |
Common | RVP Transaction | 45 | 4.1744 USD |
Common | RVP Transaction | 5,959 | 4.1765 USD |
Common | RVP Transaction | 7,225 | 4.1776 USD |
Common | RVP Transaction | 500 | 4.1780 USD |
Common | RVP Transaction | 5,044 | 4.1786 USD |
Common | RVP Transaction | 3,892 | 4.1797 USD |
Common | RVP Transaction | 679 | 4.1800 USD |
Common | RVP Transaction | 2,948 | 4.1806 USD |
Common | RVP Transaction | 2,300 | 4.1809 USD |
Common | RVP Transaction | 2,073 | 4.1814 USD |
Common | RVP Transaction | 4,449 | 4.1815 USD |
Common | RVP Transaction | 2,760 | 4.1818 USD |
Common | RVP Transaction | 82 | 4.1824 USD |
Common | RVP Transaction | 8,800 | 4.1826 USD |
Common | RVP Transaction | 2,587 | 4.1834 USD |
Common | RVP Transaction | 1,773 | 4.1847 USD |
Common | RVP Transaction | 1,902 | 4.1855 USD |
Common | RVP Transaction | 863 | 4.1857 USD |
Common | RVP Transaction | 2,148 | 4.1866 USD |
Common | RVP Transaction | 357 | 4.1878 USD |
Common | RVP Transaction | 1,444 | 4.1884 USD |
Common | RVP Transaction | 2,374 | 4.1901 USD |
Common | RVP Transaction | 296 | 4.1955 USD |
Common | RVP Transaction | 185 | 4.2300 USD |
Common | RVP Transaction | 3,041 | 4.2360 USD |
Common | RVP Transaction | 53,951 | 4.2400 USD |
Common | RVP Transaction | 444 | 4.2700 USD |
Common | RVP Transaction | 1 | 4.3100 USD |
Common | RVP Transaction | 2 | 4.3700 USD |
Common | Sell Transaction | 3,309 | 4.0793 USD |
Common | Sell Transaction | 2,500 | 4.0800 USD |
Common | Sell Transaction | 342 | 4.0900 USD |
Common | Sell Transaction | 0 | 4.0944 USD |
Common | Sell Transaction | 700 | 4.1000 USD |
Common | Sell Transaction | 8,047 | 4.1011 USD |
Common | Sell Transaction | 400 | 4.1025 USD |
Common | Sell Transaction | 1,000 | 4.1099 USD |
Common | Sell Transaction | 964 | 4.1099 USD |
Common | Sell Transaction | 700 | 4.1100 USD |
Common | Sell Transaction | 1,100 | 4.1109 USD |
Common | Sell Transaction | 500 | 4.1120 USD |
Common | Sell Transaction | 200 | 4.1150 USD |
Common | Sell Transaction | 400 | 4.1200 USD |
Common | Sell Transaction | 123 | 4.1222 USD |
Common | Sell Transaction | 204 | 4.1296 USD |
Common | Sell Transaction | 4,048 | 4.1300 USD |
Common | Sell Transaction | 466 | 4.1311 USD |
Common | Sell Transaction | 669 | 4.1322 USD |
Common | Sell Transaction | 1,200 | 4.1333 USD |
Common | Sell Transaction | 230 | 4.1340 USD |
Common | Sell Transaction | 200 | 4.1350 USD |
Common | Sell Transaction | 3,969 | 4.1353 USD |
Common | Sell Transaction | 300 | 4.1367 USD |
Common | Sell Transaction | 1,434 | 4.1396 USD |
Common | Sell Transaction | 9 | 4.1400 USD |
Common | Sell Transaction | 42 | 4.1412 USD |
Common | Sell Transaction | 30 | 4.1493 USD |
Common | Sell Transaction | 530 | 4.1506 USD |
Common | Sell Transaction | 300 | 4.1550 USD |
Common | Sell Transaction | 2,000 | 4.1593 USD |
Common | Sell Transaction | 708 | 4.1596 USD |
Common | Sell Transaction | 15 | 4.1600 USD |
Common | Sell Transaction | 1,270 | 4.1631 USD |
Common | Sell Transaction | 900 | 4.1633 USD |
Common | Sell Transaction | 5,535 | 4.1635 USD |
Common | Sell Transaction | 31,302 | 4.1646 USD |
Common | Sell Transaction | 500 | 4.1660 USD |
Common | Sell Transaction | 3,908 | 4.1662 USD |
Common | Sell Transaction | 600 | 4.1668 USD |
Common | Sell Transaction | 1,900 | 4.1689 USD |
Common | Sell Transaction | 600 | 4.1692 USD |
Common | Sell Transaction | 3,766 | 4.1700 USD |
Common | Sell Transaction | 33,066 | 4.1706 USD |
Common | Sell Transaction | 954 | 4.1716 USD |
Common | Sell Transaction | 1,532 | 4.1718 USD |
Common | Sell Transaction | 1,870 | 4.1722 USD |
Common | Sell Transaction | 300 | 4.1733 USD |
Common | Sell Transaction | 1,192 | 4.1735 USD |
Common | Sell Transaction | 2,202 | 4.1746 USD |
Common | Sell Transaction | 100 | 4.1750 USD |
Common | Sell Transaction | 1,300 | 4.1754 USD |
Common | Sell Transaction | 900 | 4.1767 USD |
Common | Sell Transaction | 1,905 | 4.1770 USD |
Common | Sell Transaction | 32,767 | 4.1774 USD |
Common | Sell Transaction | 312 | 4.1782 USD |
Common | Sell Transaction | 217 | 4.1790 USD |
Common | Sell Transaction | 4,192 | 4.1800 USD |
Common | Sell Transaction | 4,258 | 4.1805 USD |
Common | Sell Transaction | 600 | 4.1817 USD |
Common | Sell Transaction | 1,826 | 4.1822 USD |
Common | Sell Transaction | 1,124 | 4.1822 USD |
Common | Sell Transaction | 800 | 4.1825 USD |
Common | Sell Transaction | 479 | 4.1838 USD |
Common | Sell Transaction | 2,860 | 4.1850 USD |
Common | Sell Transaction | 1,288 | 4.1853 USD |
Common | Sell Transaction | 1,638 | 4.1857 USD |
Common | Sell Transaction | 219 | 4.1867 USD |
Common | Sell Transaction | 995 | 4.1881 USD |
Common | Sell Transaction | 2,568 | 4.1888 USD |
Common | Sell Transaction | 144 | 4.1898 USD |
Common | Sell Transaction | 2,012 | 4.1900 USD |
Common | Sell Transaction | 15,038 | 4.1914 USD |
Common | Sell Transaction | 700 | 4.1943 USD |
Common | Sell Transaction | 39,997 | 4.1956 USD |
Common | Sell Transaction | 1,400 | 4.1979 USD |
Common | Sell Transaction | 178 | 4.2000 USD |
Common | Sell Transaction | 6,810 | 4.2047 USD |
Common | Sell Transaction | 712 | 4.2058 USD |
Common | Sell Transaction | 8 | 4.2075 USD |
Common | Sell Transaction | 79 | 4.2091 USD |
Common | Sell Transaction | 1,100 | 4.2099 USD |
Common | Sell Transaction | 1,841 | 4.2100 USD |
Common | Sell Transaction | 522 | 4.2104 USD |
Common | Sell Transaction | 365 | 4.2109 USD |
Common | Sell Transaction | 53 | 4.2111 USD |
Common | Sell Transaction | 1 | 4.2114 USD |
Common | Sell Transaction | 1,505 | 4.2145 USD |
Common | Sell Transaction | 3,529 | 4.2145 USD |
Common | Sell Transaction | 1,203 | 4.2149 USD |
Common | Sell Transaction | 2,057 | 4.2150 USD |
Common | Sell Transaction | 1,041 | 4.2150 USD |
Common | Sell Transaction | 1,032 | 4.2195 USD |
Common | Sell Transaction | 14,329 | 4.2200 USD |
Common | Sell Transaction | 411 | 4.2202 USD |
Common | Sell Transaction | 1,644 | 4.2203 USD |
Common | Sell Transaction | 1,249 | 4.2211 USD |
Common | Sell Transaction | 26 | 4.2223 USD |
Common | Sell Transaction | 15,242 | 4.2248 USD |
Common | Sell Transaction | 500 | 4.2250 USD |
Common | Sell Transaction | 107 | 4.2250 USD |
Common | Sell Transaction | 2,254 | 4.2251 USD |
Common | Sell Transaction | 1,191 | 4.2260 USD |
Common | Sell Transaction | 514 | 4.2262 USD |
Common | Sell Transaction | 1,644 | 4.2265 USD |
Common | Sell Transaction | 47 | 4.2266 USD |
Common | Sell Transaction | 42 | 4.2290 USD |
Common | Sell Transaction | 18,457 | 4.2300 USD |
Common | Sell Transaction | 7,143 | 4.2303 USD |
Common | Sell Transaction | 1,058 | 4.2304 USD |
Common | Sell Transaction | 3,302 | 4.2306 USD |
Common | Sell Transaction | 1,146 | 4.2309 USD |
Common | Sell Transaction | 1,137 | 4.2314 USD |
Common | Sell Transaction | 988 | 4.2332 USD |
Common | Sell Transaction | 300 | 4.2350 USD |
Common | Sell Transaction | 488 | 4.2384 USD |
Common | Sell Transaction | 2,900 | 4.2386 USD |
Common | Sell Transaction | 628 | 4.2392 USD |
Common | Sell Transaction | 53,951 | 4.2400 USD |
Common | Sell Transaction | 4,878 | 4.2500 USD |
Common | Sell Transaction | 4,049 | 4.2506 USD |
Common | Sell Transaction | 4,207 | 4.2515 USD |
Common | Sell Transaction | 475 | 4.2700 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 | 2,900 | 4.2103 USD |
Common | CFD | Reducing long position | 25,575 | 4.2211 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 | 4 | 5.0000 USD | American | 2025-Jul-18 | 0.1000 USD |
Common | Call Option | Buy Transaction | 15 | 5.0000 USD | American | 2025-Jul-18 | 0.1500 USD |
Common | Put Option | Buy Transaction | 1 | 4.0000 USD | American | 2025-Jun-20 | 0.1500 USD |
Common | Call Option | Buy Transaction | 15 | 4.0000 USD | American | 2025-Jun-20 | 0.3600 USD |
Common | Put Option | Buy Transaction | 9 | 6.0000 USD | American | 2025-Oct-17 | 1.9400 USD |
Common | Put Option | Buy Transaction | 18 | 7.0000 USD | American | 2025-Oct-17 | 2.8400 USD |
Common | Call Option | DVP Transaction | 15 | 5.0000 USD | American | 2025-Jun-20 | 0.0600 USD |
Common | Call Option | DVP Transaction | 15 | 5.0000 USD | American | 2025-Jul-18 | 0.1500 USD |
Common | Put Option | DVP Transaction | 1 | 4.0000 USD | American | 2025-Jun-20 | 0.1500 USD |
Common | Call Option | DVP Transaction | 15 | 4.0000 USD | American | 2025-Jun-20 | 0.3600 USD |
Common | Call Option | DVP Transaction | 15 | 4.0000 USD | American | 2025-Jul-18 | 0.5400 USD |
Common | Put Option | DVP Transaction | 9 | 6.0000 USD | American | 2025-Oct-17 | 1.8611 USD |
Common | Put Option | DVP Transaction | 9 | 6.0000 USD | American | 2025-Oct-17 | 1.9400 USD |
Common | Put Option | DVP Transaction | 18 | 7.0000 USD | American | 2025-Oct-17 | 2.7628 USD |
Common | Put Option | DVP Transaction | 18 | 7.0000 USD | American | 2025-Oct-17 | 2.8400 USD |
Common | Call Option | RVP Transaction | 15 | 5.0000 USD | American | 2025-Jun-20 | 0.0600 USD |
Common | Call Option | RVP Transaction | 15 | 5.0000 USD | American | 2025-Jul-18 | 0.1500 USD |
Common | Put Option | RVP Transaction | 1 | 4.0000 USD | American | 2025-Jun-20 | 0.1500 USD |
Common | Call Option | RVP Transaction | 15 | 4.0000 USD | American | 2025-Jun-20 | 0.3600 USD |
Common | Call Option | RVP Transaction | 15 | 4.0000 USD | American | 2025-Jul-18 | 0.5400 USD |
Common | Put Option | RVP Transaction | 9 | 6.0000 USD | American | 2025-Oct-17 | 1.8611 USD |
Common | Put Option | RVP Transaction | 9 | 6.0000 USD | American | 2025-Oct-17 | 1.9400 USD |
Common | Put Option | RVP Transaction | 2 | 7.0000 USD | American | 2025-Oct-17 | 2.7600 USD |
Common | Put Option | RVP Transaction | 16 | 7.0000 USD | American | 2025-Oct-17 | 2.7631 USD |
Common | Put Option | RVP Transaction | 18 | 7.0000 USD | American | 2025-Oct-17 | 2.8400 USD |
Common | Call Option | Sell Transaction | 15 | 5.0000 USD | American | 2025-Jun-20 | 0.0600 USD |
Common | Call Option | Sell Transaction | 15 | 4.0000 USD | American | 2025-Jul-18 | 0.5400 USD |
Common | Put Option | Sell Transaction | 8 | 6.0000 USD | American | 2025-Oct-17 | 1.8600 USD |
Common | Put Option | Sell Transaction | 1 | 6.0000 USD | American | 2025-Oct-17 | 1.8700 USD |
Common | Put Option | Sell Transaction | 17 | 7.0000 USD | American | 2025-Oct-17 | 2.7600 USD |
Common | Put Option | Sell Transaction | 1 | 7.0000 USD | American | 2025-Oct-17 | 2.8100 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 June 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 | 700 | 10.0 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
| 17/07/2026
|
Common | Put Option | Purchased | -300 | 5.0 USD
| American
| 17/10/2025
|
Common | Put Option | Purchased | -7,200 | 3.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 1,000 | 3.0 USD
| American
| 18/07/2025
|
Common | Put Option | Purchased | -8,100 | 4.0 USD
| American
| 20/06/2025
|
Common | Put Option | Purchased | -13,000 | 3.0 USD
| American
| 16/01/2026
|
Common | Put Option | Purchased | -1,300 | 5.0 USD
| American
| 20/06/2025
|
Common | Call Option | Purchased | 300 | 8.0 USD
| American
| 20/06/2025
|
Common | Put Option | Purchased | -8,500 | 5.0 USD
| American
| 16/01/2026
|
Common | Put Option | Purchased | -700 | 7.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 300 | 2.0 USD
| American
| 17/10/2025
|
Common | Call Option | Purchased | 1,000 | 6.0 USD
| American
| 20/06/2025
|
Common | Call Option | Purchased | 2,600 | 10.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 256,200 | 6.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 600,000 | 6.0 USD
| American
| 18/07/2025
|
Common | Put Option | Purchased | -1,400 | 4.0 USD
| American
| 16/01/2026
|
Common | Put Option | Purchased | -6,000 | 4.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 13,900 | 4.0 USD
| American
| 17/10/2025
|
Common | Call Option | Purchased | 300 | 15.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 2,000 | 7.0 USD
| American
| 20/06/2025
|
Common | Call Option | Purchased | 9,200 | 5.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 200 | 6.0 USD
| American
| 17/10/2025
|
Common | Call Option | Sold | -200 | 3.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -1,400 | 3.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -29,400 | 8.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -643,700 | 5.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -200 | 7.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -117,900 | 7.0 USD
| American
| 16/01/2026
|
Common | Put Option | Sold | 3,000 | 3.0 USD
| American
| 17/10/2025
|
Common | Call Option | Sold | -9,700 | 4.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -2,400 | 10.0 USD
| American
| 17/07/2026
|
Common | Put Option | Sold | 100 | 5.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -36,000 | 5.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -300 | 4.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -2,500 | 4.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -400 | 3.0 USD
| American
| 17/07/2026
|
Common | Put Option | Sold | 100 | 3.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -800 | 12.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -1,100 | 7.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -100 | 2.0 USD
| American
| 17/07/2026
|
Common | Put Option | Sold | 98,900 | 8.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -3,500 | 5.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -500 | 4.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -300 | 6.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -96,400 | 5.0 USD
| American
| 17/10/2025
|
Common | Call Option | Sold | -2,000 | 3.0 USD
| American
| 17/10/2025
|
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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