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Form 8.3 - American Axle & Manufacturing Holdings

10th Apr 2025 15:00

RNS Number : 5579E
Citadel Group
10 April 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

9 April 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:

913,180

0.77

219,924

0.18

(2) Cash-settled derivatives:

 

95,371

0.08

0

0.00

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

2,123,800

1.79

591,100

0.49

 

TOTAL:

3,132,351

2.64

811,024

0.68

 

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

1,100

3.0300 USD

Common

Buy Transaction

41

3.0451 USD

Common

Buy Transaction

205

3.0500 USD

Common

Buy Transaction

11,200

3.0549 USD

Common

Buy Transaction

9,662

3.0573 USD

Common

Buy Transaction

200

3.0590 USD

Common

Buy Transaction

400

3.0600 USD

Common

Buy Transaction

327

3.0658 USD

Common

Buy Transaction

239

3.0700 USD

Common

Buy Transaction

30

3.0750 USD

Common

Buy Transaction

106

3.0794 USD

Common

Buy Transaction

168

3.0800 USD

Common

Buy Transaction

400

3.0801 USD

Common

Buy Transaction

1,162

3.0813 USD

Common

Buy Transaction

600

3.0850 USD

Common

Buy Transaction

3,482

3.0879 USD

Common

Buy Transaction

1,069

3.0893 USD

Common

Buy Transaction

300

3.0900 USD

Common

Buy Transaction

600

3.0950 USD

Common

Buy Transaction

3,726

3.0961 USD

Common

Buy Transaction

1,317

3.1192 USD

Common

Buy Transaction

914

3.1292 USD

Common

Buy Transaction

2,787

3.1301 USD

Common

Buy Transaction

629

3.1313 USD

Common

Buy Transaction

124

3.1332 USD

Common

Buy Transaction

1,644

3.1445 USD

Common

Buy Transaction

716

3.1455 USD

Common

Buy Transaction

1,122

3.1577 USD

Common

Buy Transaction

2,810

3.1588 USD

Common

Buy Transaction

1,091

3.1715 USD

Common

Buy Transaction

2,134

3.1731 USD

Common

Buy Transaction

54,507

3.1732 USD

Common

Buy Transaction

100

3.1825 USD

Common

Buy Transaction

400

3.1850 USD

Common

Buy Transaction

727

3.1862 USD

Common

Buy Transaction

1,504

3.1868 USD

Common

Buy Transaction

1,891

3.1881 USD

Common

Buy Transaction

7,130

3.1931 USD

Common

Buy Transaction

316

3.1989 USD

Common

Buy Transaction

526

3.2036 USD

Common

Buy Transaction

111,406

3.2053 USD

Common

Buy Transaction

2,556

3.2077 USD

Common

Buy Transaction

1,300

3.2123 USD

Common

Buy Transaction

3,815

3.2155 USD

Common

Buy Transaction

2,100

3.2214 USD

Common

Buy Transaction

500

3.2220 USD

Common

Buy Transaction

319

3.2232 USD

Common

Buy Transaction

18,677

3.2236 USD

Common

Buy Transaction

2,300

3.2274 USD

Common

Buy Transaction

10,885

3.2277 USD

Common

Buy Transaction

6,757

3.2283 USD

Common

Buy Transaction

1,493

3.2284 USD

Common

Buy Transaction

2,007

3.2324 USD

Common

Buy Transaction

10,692

3.2398 USD

Common

Buy Transaction

690

3.2404 USD

Common

Buy Transaction

547

3.2437 USD

Common

Buy Transaction

1,260

3.2455 USD

Common

Buy Transaction

352

3.2541 USD

Common

Buy Transaction

400

3.2575 USD

Common

Buy Transaction

1,643

3.2589 USD

Common

Buy Transaction

600

3.2600 USD

Common

Buy Transaction

300

3.2633 USD

Common

Buy Transaction

2,860

3.2706 USD

Common

Buy Transaction

17,635

3.2780 USD

Common

Buy Transaction

300

3.2800 USD

Common

Buy Transaction

1,318

3.2818 USD

Common

Buy Transaction

8,010

3.2887 USD

Common

Buy Transaction

100

3.2900 USD

Common

Buy Transaction

186

3.2912 USD

Common

Buy Transaction

1,800

3.2917 USD

Common

Buy Transaction

28

3.2921 USD

Common

Buy Transaction

1,695

3.2940 USD

Common

Buy Transaction

848

3.2945 USD

Common

Buy Transaction

4,810

3.2951 USD

Common

Buy Transaction

900

3.2956 USD

Common

Buy Transaction

444

3.2957 USD

Common

Buy Transaction

1,600

3.2963 USD

Common

Buy Transaction

700

3.2971 USD

Common

Buy Transaction

1,364

3.3000 USD

Common

Buy Transaction

1,307

3.3070 USD

Common

Buy Transaction

3,478

3.3095 USD

Common

Buy Transaction

62

3.3110 USD

Common

Buy Transaction

900

3.3122 USD

Common

Buy Transaction

800

3.3125 USD

Common

Buy Transaction

1,313

3.3171 USD

Common

Buy Transaction

3,910

3.3223 USD

Common

Buy Transaction

174

3.3232 USD

Common

Buy Transaction

1,300

3.3235 USD

Common

Buy Transaction

300

3.3267 USD

Common

Buy Transaction

1

3.3300 USD

Common

Buy Transaction

693

3.3325 USD

Common

Buy Transaction

200

3.3400 USD

Common

Buy Transaction

558

3.3455 USD

Common

Buy Transaction

4,440

3.3465 USD

Common

Buy Transaction

2,598

3.3531 USD

Common

Buy Transaction

3,070

3.3534 USD

Common

Buy Transaction

1,000

3.3550 USD

Common

Buy Transaction

8,724

3.3568 USD

Common

Buy Transaction

1,274

3.3600 USD

Common

Buy Transaction

46,743

3.3611 USD

Common

Buy Transaction

8,566

3.3616 USD

Common

Buy Transaction

400

3.3625 USD

Common

Buy Transaction

53

3.3651 USD

Common

Buy Transaction

107

3.3653 USD

Common

Buy Transaction

159

3.3669 USD

Common

Buy Transaction

1,763

3.3700 USD

Common

Buy Transaction

71

3.3704 USD

Common

Buy Transaction

3,779

3.3706 USD

Common

Buy Transaction

1,153

3.3773 USD

Common

Buy Transaction

6,833

3.3788 USD

Common

Buy Transaction

2,100

3.3800 USD

Common

Buy Transaction

310

3.3815 USD

Common

Buy Transaction

110

3.3841 USD

Common

Buy Transaction

83

3.3900 USD

Common

Buy Transaction

1,880

3.3908 USD

Common

Buy Transaction

102

3.3910 USD

Common

Buy Transaction

1,246

3.3941 USD

Common

Buy Transaction

322

3.3950 USD

Common

Buy Transaction

105

3.3952 USD

Common

Buy Transaction

2,657

3.3974 USD

Common

Buy Transaction

600

3.3981 USD

Common

Buy Transaction

2

3.3985 USD

Common

Buy Transaction

1,263

3.3988 USD

Common

Buy Transaction

1,192

3.3996 USD

Common

Buy Transaction

42

3.4000 USD

Common

Buy Transaction

975

3.4037 USD

Common

Buy Transaction

104

3.4058 USD

Common

Buy Transaction

87

3.4070 USD

Common

Buy Transaction

2,364

3.4086 USD

Common

Buy Transaction

1,160

3.4100 USD

Common

Buy Transaction

1,576

3.4145 USD

Common

Buy Transaction

270

3.4150 USD

Common

Buy Transaction

1,255

3.4157 USD

Common

Buy Transaction

400

3.4175 USD

Common

Buy Transaction

1,585

3.4199 USD

Common

Buy Transaction

1,778

3.4200 USD

Common

Buy Transaction

12,648

3.4223 USD

Common

Buy Transaction

3,010

3.4223 USD

Common

Buy Transaction

532

3.4224 USD

Common

Buy Transaction

324

3.4227 USD

Common

Buy Transaction

911

3.4243 USD

Common

Buy Transaction

395

3.4263 USD

Common

Buy Transaction

1,182

3.4300 USD

Common

Buy Transaction

1,100

3.4303 USD

Common

Buy Transaction

4,238

3.4313 USD

Common

Buy Transaction

199

3.4332 USD

Common

Buy Transaction

1,999

3.4335 USD

Common

Buy Transaction

626

3.4348 USD

Common

Buy Transaction

152

3.4354 USD

Common

Buy Transaction

582

3.4364 USD

Common

Buy Transaction

32

3.4369 USD

Common

Buy Transaction

7

3.4371 USD

Common

Buy Transaction

20

3.4375 USD

Common

Buy Transaction

598

3.4387 USD

Common

Buy Transaction

2,900

3.4388 USD

Common

Buy Transaction

210

3.4397 USD

Common

Buy Transaction

14,588

3.4400 USD

Common

Buy Transaction

77

3.4405 USD

Common

Buy Transaction

2,302

3.4421 USD

Common

Buy Transaction

102

3.4467 USD

Common

Buy Transaction

693

3.4476 USD

Common

Buy Transaction

208

3.4494 USD

Common

Buy Transaction

2,030

3.4496 USD

Common

Buy Transaction

4,359

3.4500 USD

Common

Buy Transaction

304

3.4500 USD

Common

Buy Transaction

3,885

3.4513 USD

Common

Buy Transaction

800

3.4550 USD

Common

Buy Transaction

466

3.4557 USD

Common

Buy Transaction

95,361

3.4600 USD

Common

Buy Transaction

125

3.4650 USD

Common

DVP Transaction

5

3.0200 USD

Common

DVP Transaction

675

3.0444 USD

Common

DVP Transaction

81

3.0500 USD

Common

DVP Transaction

326

3.0600 USD

Common

DVP Transaction

20

3.0950 USD

Common

DVP Transaction

80

3.3000 USD

Common

DVP Transaction

51,388

3.4600 USD

Common

RVP Transaction

340

3.0366 USD

Common

RVP Transaction

60

3.0450 USD

Common

RVP Transaction

180

3.0478 USD

Common

RVP Transaction

20

3.0500 USD

Common

RVP Transaction

20

3.0550 USD

Common

RVP Transaction

101

3.0589 USD

Common

RVP Transaction

326

3.0600 USD

Common

RVP Transaction

40

3.0700 USD

Common

RVP Transaction

15

3.0900 USD

Common

RVP Transaction

80

3.3000 USD

Common

RVP Transaction

324

3.4532 USD

Common

RVP Transaction

51,069

3.4600 USD

Common

Sell Transaction

1,518

3.0200 USD

Common

Sell Transaction

21

3.0300 USD

Common

Sell Transaction

300

3.0391 USD

Common

Sell Transaction

83

3.0392 USD

Common

Sell Transaction

2,311

3.0400 USD

Common

Sell Transaction

202

3.0428 USD

Common

Sell Transaction

416

3.0431 USD

Common

Sell Transaction

20

3.0450 USD

Common

Sell Transaction

1,841

3.0500 USD

Common

Sell Transaction

600

3.0539 USD

Common

Sell Transaction

25

3.0550 USD

Common

Sell Transaction

473

3.0558 USD

Common

Sell Transaction

1,541

3.0600 USD

Common

Sell Transaction

180

3.0611 USD

Common

Sell Transaction

200

3.0650 USD

Common

Sell Transaction

578

3.0700 USD

Common

Sell Transaction

970

3.0729 USD

Common

Sell Transaction

299

3.0782 USD

Common

Sell Transaction

414

3.0800 USD

Common

Sell Transaction

300

3.0852 USD

Common

Sell Transaction

2,615

3.0866 USD

Common

Sell Transaction

7,156

3.1042 USD

Common

Sell Transaction

180

3.1100 USD

Common

Sell Transaction

5,947

3.1127 USD

Common

Sell Transaction

5,600

3.1307 USD

Common

Sell Transaction

300

3.1350 USD

Common

Sell Transaction

3,125

3.1378 USD

Common

Sell Transaction

390

3.1442 USD

Common

Sell Transaction

4,253

3.1506 USD

Common

Sell Transaction

660

3.1573 USD

Common

Sell Transaction

631

3.1583 USD

Common

Sell Transaction

1,188

3.1666 USD

Common

Sell Transaction

73

3.1732 USD

Common

Sell Transaction

552

3.1770 USD

Common

Sell Transaction

500

3.1780 USD

Common

Sell Transaction

620

3.1820 USD

Common

Sell Transaction

30

3.1987 USD

Common

Sell Transaction

845

3.2030 USD

Common

Sell Transaction

19,315

3.2087 USD

Common

Sell Transaction

2,289

3.2097 USD

Common

Sell Transaction

705

3.2120 USD

Common

Sell Transaction

543

3.2123 USD

Common

Sell Transaction

107,400

3.2188 USD

Common

Sell Transaction

5,175

3.2219 USD

Common

Sell Transaction

5,972

3.2237 USD

Common

Sell Transaction

3,356

3.2244 USD

Common

Sell Transaction

1,695

3.2275 USD

Common

Sell Transaction

2,641

3.2323 USD

Common

Sell Transaction

2,158

3.2326 USD

Common

Sell Transaction

5,013

3.2420 USD

Common

Sell Transaction

2,224

3.2422 USD

Common

Sell Transaction

600

3.2442 USD

Common

Sell Transaction

1,633

3.2451 USD

Common

Sell Transaction

8,946

3.2469 USD

Common

Sell Transaction

13

3.2500 USD

Common

Sell Transaction

3,629

3.2509 USD

Common

Sell Transaction

671

3.2529 USD

Common

Sell Transaction

210

3.2550 USD

Common

Sell Transaction

200

3.2600 USD

Common

Sell Transaction

3,062

3.2610 USD

Common

Sell Transaction

4

3.2625 USD

Common

Sell Transaction

11,017

3.2689 USD

Common

Sell Transaction

2,028

3.2692 USD

Common

Sell Transaction

2,220

3.2722 USD

Common

Sell Transaction

198

3.2737 USD

Common

Sell Transaction

2,345

3.2747 USD

Common

Sell Transaction

1,058

3.2764 USD

Common

Sell Transaction

589

3.2772 USD

Common

Sell Transaction

2,703

3.2784 USD

Common

Sell Transaction

10

3.2800 USD

Common

Sell Transaction

829

3.2821 USD

Common

Sell Transaction

692

3.2832 USD

Common

Sell Transaction

1,090

3.2839 USD

Common

Sell Transaction

16,933

3.2856 USD

Common

Sell Transaction

1,706

3.2858 USD

Common

Sell Transaction

1,694

3.2885 USD

Common

Sell Transaction

6,316

3.2966 USD

Common

Sell Transaction

10,042

3.2981 USD

Common

Sell Transaction

5,535

3.2982 USD

Common

Sell Transaction

808

3.2990 USD

Common

Sell Transaction

3,657

3.2992 USD

Common

Sell Transaction

2,946

3.3019 USD

Common

Sell Transaction

3,050

3.3033 USD

Common

Sell Transaction

223

3.3042 USD

Common

Sell Transaction

1,400

3.3071 USD

Common

Sell Transaction

350

3.3086 USD

Common

Sell Transaction

346

3.3099 USD

Common

Sell Transaction

359

3.3140 USD

Common

Sell Transaction

1,919

3.3141 USD

Common

Sell Transaction

2,218

3.3146 USD

Common

Sell Transaction

11,207

3.3167 USD

Common

Sell Transaction

800

3.3169 USD

Common

Sell Transaction

158

3.3200 USD

Common

Sell Transaction

1,877

3.3229 USD

Common

Sell Transaction

2,400

3.3250 USD

Common

Sell Transaction

519

3.3285 USD

Common

Sell Transaction

4,174

3.3298 USD

Common

Sell Transaction

2,359

3.3318 USD

Common

Sell Transaction

600

3.3350 USD

Common

Sell Transaction

423

3.3360 USD

Common

Sell Transaction

16,206

3.3371 USD

Common

Sell Transaction

953

3.3371 USD

Common

Sell Transaction

132

3.3415 USD

Common

Sell Transaction

1,892

3.3438 USD

Common

Sell Transaction

300

3.3442 USD

Common

Sell Transaction

5,755

3.3456 USD

Common

Sell Transaction

565

3.3467 USD

Common

Sell Transaction

308

3.3486 USD

Common

Sell Transaction

300

3.3500 USD

Common

Sell Transaction

2,847

3.3510 USD

Common

Sell Transaction

2,944

3.3530 USD

Common

Sell Transaction

876

3.3574 USD

Common

Sell Transaction

300

3.3600 USD

Common

Sell Transaction

1,998

3.3636 USD

Common

Sell Transaction

2,699

3.3638 USD

Common

Sell Transaction

10,264

3.3683 USD

Common

Sell Transaction

600

3.3700 USD

Common

Sell Transaction

8,880

3.3702 USD

Common

Sell Transaction

1,846

3.3718 USD

Common

Sell Transaction

100

3.3750 USD

Common

Sell Transaction

900

3.3756 USD

Common

Sell Transaction

555

3.3772 USD

Common

Sell Transaction

1,932

3.3782 USD

Common

Sell Transaction

2,000

3.3800 USD

Common

Sell Transaction

3,722

3.3804 USD

Common

Sell Transaction

1,369

3.3807 USD

Common

Sell Transaction

1,900

3.3816 USD

Common

Sell Transaction

20

3.3840 USD

Common

Sell Transaction

1,753

3.3900 USD

Common

Sell Transaction

1,400

3.3907 USD

Common

Sell Transaction

3,565

3.3942 USD

Common

Sell Transaction

1,027

3.3969 USD

Common

Sell Transaction

860

3.4000 USD

Common

Sell Transaction

15

3.4067 USD

Common

Sell Transaction

23,523

3.4077 USD

Common

Sell Transaction

2,041

3.4080 USD

Common

Sell Transaction

2,500

3.4084 USD

Common

Sell Transaction

1,274

3.4089 USD

Common

Sell Transaction

5,098

3.4100 USD

Common

Sell Transaction

4,100

3.4112 USD

Common

Sell Transaction

300

3.4117 USD

Common

Sell Transaction

100

3.4150 USD

Common

Sell Transaction

840

3.4183 USD

Common

Sell Transaction

1,525

3.4195 USD

Common

Sell Transaction

71

3.4200 USD

Common

Sell Transaction

280

3.4208 USD

Common

Sell Transaction

648

3.4210 USD

Common

Sell Transaction

3,839

3.4215 USD

Common

Sell Transaction

600

3.4233 USD

Common

Sell Transaction

2,860

3.4237 USD

Common

Sell Transaction

1,163

3.4265 USD

Common

Sell Transaction

2,700

3.4278 USD

Common

Sell Transaction

1,000

3.4293 USD

Common

Sell Transaction

10

3.4300 USD

Common

Sell Transaction

719

3.4302 USD

Common

Sell Transaction

115

3.4314 USD

Common

Sell Transaction

616

3.4345 USD

Common

Sell Transaction

2,101

3.4400 USD

Common

Sell Transaction

317

3.4405 USD

Common

Sell Transaction

266

3.4450 USD

Common

Sell Transaction

1,222

3.4500 USD

Common

Sell Transaction

113

3.4540 USD

Common

Sell Transaction

1,200

3.4550 USD

Common

Sell Transaction

700

3.4557 USD

Common

Sell Transaction

942

3.4566 USD

Common

Sell Transaction

248

3.4584 USD

Common

Sell Transaction

79,739

3.4600 USD

Common

Sell Transaction

891

3.4605 USD

Common

Sell Transaction

443

3.4610 USD

Common

Sell Transaction

73

3.4637 USD

Common

Sell Transaction

1,493

3.4661 USD

Common

Sell Transaction

1,290

3.4678 USD

Common

Sell Transaction

1,430

3.4685 USD

Common

Sell Transaction

633

3.4691 USD

Common

Sell Transaction

100

3.4700 USD

Common

Sell Transaction

200

3.4750 USD

Common

Sell Transaction

1,098

3.4782 USD

Common

Sell Transaction

966

3.4871 USD

Common

Sell Transaction

800

3.4912 USD

Common

Sell Transaction

1,000

3.4960 USD

Common

Sell Transaction

41

3.4980 USD

Common

Sell Transaction

2,686

3.5000 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

141

3.0471 USD

Common

CFD

Reducing long position

2,054

3.0661 USD

Common

CFD

Reducing long position

8,400

3.0830 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

DVP Transaction

1

5.0000 USD

American

2025-May-16

0.0300 USD

Common

Call Option

RVP Transaction

1

5.0000 USD

American

2025-May-16

0.0300 USD

Common

Call Option

Sell Transaction

1

5.0000 USD

American

2025-May-16

0.0300 USD

Common

Call Option

Sell Transaction

1

3.0000 USD

American

2025-Apr-17

0.1900 USD

Common

Put Option

Sell Transaction

1

3.0000 USD

American

2025-Apr-17

0.2000 USD

 

(ii) Exercise

 

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

Common

Put Option

Exercised against

109

7.0000 USD

 

 

(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:

10 April 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

-1,400

5.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-1,400

4.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

800

4.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Purchased

800

5.0 USD

 

American

 

16/05/2025

 

Common

Put Option

Purchased

-5,400

4.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Purchased

-1,000

5.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Purchased

2,300

7.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

300

8.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-13,000

3.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Purchased

-400

4.0 USD

 

American

 

16/05/2025

 

Common

Put Option

Purchased

-5,900

4.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Purchased

2,500

10.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Purchased

1,000

5.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Purchased

-4,300

4.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

1,000,000

5.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

245,600

6.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Purchased

150,000

4.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-900

5.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Purchased

700

10.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Purchased

6,000

5.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-104,200

6.0 USD

 

American

 

20/06/2025

 

Common

Put Option

Purchased

-700

7.0 USD

 

American

 

18/07/2025

 

Common

Put Option

Purchased

-400

3.0 USD

 

American

 

17/04/2025

 

Common

Put Option

Purchased

-8,400

5.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Purchased

-99,800

7.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Purchased

200

6.0 USD

 

American

 

17/10/2025

 

Common

Call Option

Purchased

6,000

4.0 USD

 

American

 

17/10/2025

 

Common

Put Option

Purchased

-300

5.0 USD

 

American

 

17/10/2025

 

Common

Call Option

Purchased

600,000

6.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-12,700

7.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-100

3.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-500

4.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Sold

1,600

7.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-13,900

5.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-1,700

6.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-1,900

9.0 USD

 

American

 

17/04/2025

 

Common

Put Option

Sold

800

5.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-2,500

4.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-2,800

4.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Sold

-200

7.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-3,400

10.0 USD

 

American

 

17/07/2026

 

Common

Put Option

Sold

4,700

6.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-500

3.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-1,400

3.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-9,500

4.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-118,400

7.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-200

3.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Sold

-800

12.0 USD

 

American

 

16/01/2026

 

Common

Put Option

Sold

99,900

8.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Sold

-100

3.0 USD

 

American

 

17/10/2025

 

Common

Call Option

Sold

-31,700

5.0 USD

 

American

 

17/07/2026

 

Common

Call Option

Sold

-29,400

8.0 USD

 

American

 

18/07/2025

 

Common

Call Option

Sold

-2,000

6.0 USD

 

American

 

20/06/2025

 

Common

Call Option

Sold

-100

7.0 USD

 

American

 

17/10/2025

 

Common

Call Option

Sold

-8,600

8.0 USD

 

American

 

17/04/2025

 

Common

Call Option

Sold

-200

15.0 USD

 

American

 

16/01/2026

 

Common

Call Option

Sold

-101,000

5.0 USD

 

American

 

18/07/2025

 

 

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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