4th Mar 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 | 3 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: | 1,196,569 | 1.01 | 1,197,615 | 1.01 |
(2) Cash-settled derivatives:
| 0 | 0.00 | 0 | 0.00 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 748,100 | 0.63 | 599,000 | 0.50 |
TOTAL: | 1,944,669 | 1.65 | 1,796,615 | 1.52 |
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 | 61,301 | 4.7500 USD |
Common | Buy Transaction | 259 | 4.7556 USD |
Common | Buy Transaction | 284 | 4.7566 USD |
Common | Buy Transaction | 404 | 4.7573 USD |
Common | Buy Transaction | 11 | 4.7591 USD |
Common | Buy Transaction | 517 | 4.7600 USD |
Common | Buy Transaction | 4,900 | 4.7608 USD |
Common | Buy Transaction | 114 | 4.7612 USD |
Common | Buy Transaction | 268 | 4.7615 USD |
Common | Buy Transaction | 542 | 4.7637 USD |
Common | Buy Transaction | 684 | 4.7650 USD |
Common | Buy Transaction | 463 | 4.7657 USD |
Common | Buy Transaction | 444 | 4.7691 USD |
Common | Buy Transaction | 211 | 4.7700 USD |
Common | Buy Transaction | 212 | 4.7701 USD |
Common | Buy Transaction | 110 | 4.7722 USD |
Common | Buy Transaction | 84 | 4.7775 USD |
Common | Buy Transaction | 732 | 4.7810 USD |
Common | Buy Transaction | 273 | 4.7867 USD |
Common | Buy Transaction | 1,000 | 4.7900 USD |
Common | Buy Transaction | 1,195 | 4.7926 USD |
Common | Buy Transaction | 12 | 4.7975 USD |
Common | Buy Transaction | 2,350 | 4.7978 USD |
Common | Buy Transaction | 100 | 4.8000 USD |
Common | Buy Transaction | 1,213 | 4.8029 USD |
Common | Buy Transaction | 602 | 4.8073 USD |
Common | Buy Transaction | 1,000 | 4.8075 USD |
Common | Buy Transaction | 626 | 4.8076 USD |
Common | Buy Transaction | 2,004 | 4.8083 USD |
Common | Buy Transaction | 8,622 | 4.8087 USD |
Common | Buy Transaction | 1,933 | 4.8090 USD |
Common | Buy Transaction | 1,189 | 4.8100 USD |
Common | Buy Transaction | 3,544 | 4.8101 USD |
Common | Buy Transaction | 42,768 | 4.8105 USD |
Common | Buy Transaction | 800 | 4.8187 USD |
Common | Buy Transaction | 7,367 | 4.8209 USD |
Common | Buy Transaction | 1,829 | 4.8272 USD |
Common | Buy Transaction | 1,300 | 4.8277 USD |
Common | Buy Transaction | 325 | 4.8292 USD |
Common | Buy Transaction | 200 | 4.8300 USD |
Common | Buy Transaction | 398 | 4.8309 USD |
Common | Buy Transaction | 497 | 4.8335 USD |
Common | Buy Transaction | 796 | 4.8345 USD |
Common | Buy Transaction | 774 | 4.8373 USD |
Common | Buy Transaction | 132 | 4.8382 USD |
Common | Buy Transaction | 1,956 | 4.8396 USD |
Common | Buy Transaction | 600 | 4.8400 USD |
Common | Buy Transaction | 60 | 4.8450 USD |
Common | Buy Transaction | 10,360 | 4.8452 USD |
Common | Buy Transaction | 393 | 4.8477 USD |
Common | Buy Transaction | 315 | 4.8521 USD |
Common | Buy Transaction | 252 | 4.8527 USD |
Common | Buy Transaction | 70 | 4.8536 USD |
Common | Buy Transaction | 2,977 | 4.8554 USD |
Common | Buy Transaction | 2,396 | 4.8582 USD |
Common | Buy Transaction | 354 | 4.8600 USD |
Common | Buy Transaction | 118 | 4.8603 USD |
Common | Buy Transaction | 408 | 4.8604 USD |
Common | Buy Transaction | 3,693 | 4.8625 USD |
Common | Buy Transaction | 273 | 4.8627 USD |
Common | Buy Transaction | 876 | 4.8651 USD |
Common | Buy Transaction | 1,087 | 4.8653 USD |
Common | Buy Transaction | 3,096 | 4.8690 USD |
Common | Buy Transaction | 1,223 | 4.8699 USD |
Common | Buy Transaction | 27 | 4.8700 USD |
Common | Buy Transaction | 498 | 4.8700 USD |
Common | Buy Transaction | 868 | 4.8700 USD |
Common | Buy Transaction | 664 | 4.8704 USD |
Common | Buy Transaction | 8 | 4.8712 USD |
Common | Buy Transaction | 3,763 | 4.8718 USD |
Common | Buy Transaction | 765 | 4.8742 USD |
Common | Buy Transaction | 1,869 | 4.8761 USD |
Common | Buy Transaction | 34 | 4.8765 USD |
Common | Buy Transaction | 500 | 4.8770 USD |
Common | Buy Transaction | 506 | 4.8778 USD |
Common | Buy Transaction | 1 | 4.8800 USD |
Common | Buy Transaction | 908 | 4.8812 USD |
Common | Buy Transaction | 6,015 | 4.8813 USD |
Common | Buy Transaction | 2,923 | 4.8875 USD |
Common | Buy Transaction | 400 | 4.8875 USD |
Common | Buy Transaction | 5,806 | 4.8904 USD |
Common | Buy Transaction | 226 | 4.8917 USD |
Common | Buy Transaction | 2,308 | 4.8950 USD |
Common | Buy Transaction | 150 | 4.8950 USD |
Common | Buy Transaction | 206 | 4.8950 USD |
Common | Buy Transaction | 6,213 | 4.8998 USD |
Common | Buy Transaction | 867 | 4.9000 USD |
Common | Buy Transaction | 946 | 4.9011 USD |
Common | Buy Transaction | 5,110 | 4.9027 USD |
Common | Buy Transaction | 1,870 | 4.9057 USD |
Common | Buy Transaction | 400 | 4.9062 USD |
Common | Buy Transaction | 3,930 | 4.9072 USD |
Common | Buy Transaction | 1,884 | 4.9078 USD |
Common | Buy Transaction | 104 | 4.9100 USD |
Common | Buy Transaction | 463 | 4.9104 USD |
Common | Buy Transaction | 205 | 4.9109 USD |
Common | Buy Transaction | 28,901 | 4.9124 USD |
Common | Buy Transaction | 484 | 4.9134 USD |
Common | Buy Transaction | 862 | 4.9161 USD |
Common | Buy Transaction | 1,465 | 4.9164 USD |
Common | Buy Transaction | 300 | 4.9167 USD |
Common | Buy Transaction | 735 | 4.9218 USD |
Common | Buy Transaction | 1,211 | 4.9254 USD |
Common | Buy Transaction | 889 | 4.9259 USD |
Common | Buy Transaction | 1,658 | 4.9268 USD |
Common | Buy Transaction | 37 | 4.9284 USD |
Common | Buy Transaction | 120 | 4.9300 USD |
Common | Buy Transaction | 146 | 4.9304 USD |
Common | Buy Transaction | 1,620 | 4.9307 USD |
Common | Buy Transaction | 1,330 | 4.9318 USD |
Common | Buy Transaction | 1,790 | 4.9319 USD |
Common | Buy Transaction | 345 | 4.9325 USD |
Common | Buy Transaction | 210 | 4.9329 USD |
Common | Buy Transaction | 6,109 | 4.9332 USD |
Common | Buy Transaction | 1,027 | 4.9345 USD |
Common | Buy Transaction | 1,498 | 4.9354 USD |
Common | Buy Transaction | 2,663 | 4.9394 USD |
Common | Buy Transaction | 1,269 | 4.9400 USD |
Common | Buy Transaction | 1,100 | 4.9418 USD |
Common | Buy Transaction | 1,368 | 4.9418 USD |
Common | Buy Transaction | 710 | 4.9427 USD |
Common | Buy Transaction | 700 | 4.9429 USD |
Common | Buy Transaction | 2,455 | 4.9457 USD |
Common | Buy Transaction | 200 | 4.9500 USD |
Common | Buy Transaction | 342 | 4.9517 USD |
Common | Buy Transaction | 400 | 4.9590 USD |
Common | Buy Transaction | 328 | 4.9600 USD |
Common | Buy Transaction | 1,707 | 4.9616 USD |
Common | Buy Transaction | 212 | 4.9634 USD |
Common | Buy Transaction | 158 | 4.9638 USD |
Common | Buy Transaction | 300 | 4.9700 USD |
Common | Buy Transaction | 674 | 4.9701 USD |
Common | Buy Transaction | 1,246 | 4.9738 USD |
Common | Buy Transaction | 307 | 4.9800 USD |
Common | Buy Transaction | 80 | 4.9900 USD |
Common | Buy Transaction | 20 | 4.9950 USD |
Common | Buy Transaction | 960 | 5.0020 USD |
Common | Buy Transaction | 240 | 5.0075 USD |
Common | Buy Transaction | 965 | 5.0100 USD |
Common | Buy Transaction | 200 | 5.0150 USD |
Common | Buy Transaction | 100 | 5.0200 USD |
Common | Buy Transaction | 100 | 5.0400 USD |
Common | Buy Transaction | 300 | 5.0500 USD |
Common | DVP Transaction | 27,411 | 4.7500 USD |
Common | DVP Transaction | 713 | 4.8028 USD |
Common | DVP Transaction | 48,185 | 4.8099 USD |
Common | DVP Transaction | 233 | 4.8550 USD |
Common | DVP Transaction | 129 | 4.8550 USD |
Common | DVP Transaction | 32 | 4.8850 USD |
Common | DVP Transaction | 438 | 4.8944 USD |
Common | DVP Transaction | 1,362 | 4.9024 USD |
Common | DVP Transaction | 1,226 | 4.9050 USD |
Common | DVP Transaction | 127 | 4.9050 USD |
Common | DVP Transaction | 1,209 | 5.0100 USD |
Common | DVP Transaction | 16 | 5.0200 USD |
Common | DVP Transaction | 2,496 | 5.0300 USD |
Common | DVP Transaction | 2 | 5.0500 USD |
Common | RVP Transaction | 27,342 | 4.7500 USD |
Common | RVP Transaction | 36 | 4.7550 USD |
Common | RVP Transaction | 11 | 4.7555 USD |
Common | RVP Transaction | 603 | 4.7600 USD |
Common | RVP Transaction | 36 | 4.7650 USD |
Common | RVP Transaction | 48,175 | 4.8099 USD |
Common | RVP Transaction | 362 | 4.8550 USD |
Common | RVP Transaction | 7 | 4.8557 USD |
Common | RVP Transaction | 64 | 4.8580 USD |
Common | RVP Transaction | 41 | 4.8659 USD |
Common | RVP Transaction | 72 | 4.8850 USD |
Common | RVP Transaction | 36 | 4.8900 USD |
Common | RVP Transaction | 63 | 4.8943 USD |
Common | RVP Transaction | 36 | 4.8950 USD |
Common | RVP Transaction | 809 | 4.9001 USD |
Common | RVP Transaction | 969 | 4.9047 USD |
Common | RVP Transaction | 6 | 4.9050 USD |
Common | RVP Transaction | 186 | 4.9054 USD |
Common | RVP Transaction | 342 | 4.9101 USD |
Common | RVP Transaction | 180 | 4.9148 USD |
Common | RVP Transaction | 36 | 4.9300 USD |
Common | RVP Transaction | 36 | 4.9428 USD |
Common | RVP Transaction | 144 | 4.9504 USD |
Common | RVP Transaction | 72 | 4.9550 USD |
Common | RVP Transaction | 3,621 | 5.0172 USD |
Common | RVP Transaction | 16 | 5.0200 USD |
Common | RVP Transaction | 278 | 5.0300 USD |
Common | Sell Transaction | 75,362 | 4.7500 USD |
Common | Sell Transaction | 2 | 4.7550 USD |
Common | Sell Transaction | 11 | 4.7591 USD |
Common | Sell Transaction | 39 | 4.7592 USD |
Common | Sell Transaction | 1,461 | 4.7599 USD |
Common | Sell Transaction | 448 | 4.7600 USD |
Common | Sell Transaction | 43 | 4.7644 USD |
Common | Sell Transaction | 200 | 4.7650 USD |
Common | Sell Transaction | 744 | 4.7659 USD |
Common | Sell Transaction | 500 | 4.7660 USD |
Common | Sell Transaction | 1,118 | 4.7700 USD |
Common | Sell Transaction | 17 | 4.7759 USD |
Common | Sell Transaction | 878 | 4.7759 USD |
Common | Sell Transaction | 11 | 4.7764 USD |
Common | Sell Transaction | 95 | 4.7792 USD |
Common | Sell Transaction | 200 | 4.7800 USD |
Common | Sell Transaction | 3,297 | 4.7874 USD |
Common | Sell Transaction | 1,400 | 4.7900 USD |
Common | Sell Transaction | 301 | 4.8000 USD |
Common | Sell Transaction | 110 | 4.8045 USD |
Common | Sell Transaction | 443 | 4.8097 USD |
Common | Sell Transaction | 40,105 | 4.8100 USD |
Common | Sell Transaction | 62,815 | 4.8100 USD |
Common | Sell Transaction | 5,872 | 4.8104 USD |
Common | Sell Transaction | 11,828 | 4.8107 USD |
Common | Sell Transaction | 243 | 4.8137 USD |
Common | Sell Transaction | 400 | 4.8150 USD |
Common | Sell Transaction | 1,078 | 4.8177 USD |
Common | Sell Transaction | 7,004 | 4.8200 USD |
Common | Sell Transaction | 104 | 4.8244 USD |
Common | Sell Transaction | 457 | 4.8291 USD |
Common | Sell Transaction | 899 | 4.8300 USD |
Common | Sell Transaction | 10 | 4.8320 USD |
Common | Sell Transaction | 205 | 4.8322 USD |
Common | Sell Transaction | 300 | 4.8333 USD |
Common | Sell Transaction | 895 | 4.8367 USD |
Common | Sell Transaction | 1,008 | 4.8374 USD |
Common | Sell Transaction | 6,200 | 4.8400 USD |
Common | Sell Transaction | 13,135 | 4.8476 USD |
Common | Sell Transaction | 97 | 4.8481 USD |
Common | Sell Transaction | 2,874 | 4.8500 USD |
Common | Sell Transaction | 500 | 4.8520 USD |
Common | Sell Transaction | 1,155 | 4.8537 USD |
Common | Sell Transaction | 136 | 4.8550 USD |
Common | Sell Transaction | 1,831 | 4.8600 USD |
Common | Sell Transaction | 136 | 4.8649 USD |
Common | Sell Transaction | 513 | 4.8650 USD |
Common | Sell Transaction | 342 | 4.8650 USD |
Common | Sell Transaction | 904 | 4.8655 USD |
Common | Sell Transaction | 1,700 | 4.8682 USD |
Common | Sell Transaction | 951 | 4.8700 USD |
Common | Sell Transaction | 472 | 4.8701 USD |
Common | Sell Transaction | 1,304 | 4.8706 USD |
Common | Sell Transaction | 301 | 4.8738 USD |
Common | Sell Transaction | 718 | 4.8749 USD |
Common | Sell Transaction | 79 | 4.8752 USD |
Common | Sell Transaction | 2,475 | 4.8758 USD |
Common | Sell Transaction | 7,209 | 4.8774 USD |
Common | Sell Transaction | 3,031 | 4.8800 USD |
Common | Sell Transaction | 104 | 4.8821 USD |
Common | Sell Transaction | 135 | 4.8898 USD |
Common | Sell Transaction | 1,741 | 4.8900 USD |
Common | Sell Transaction | 4,017 | 4.8904 USD |
Common | Sell Transaction | 1,808 | 4.8942 USD |
Common | Sell Transaction | 4,000 | 4.8950 USD |
Common | Sell Transaction | 349 | 4.8967 USD |
Common | Sell Transaction | 121 | 4.8980 USD |
Common | Sell Transaction | 1,008 | 4.8999 USD |
Common | Sell Transaction | 2,833 | 4.9000 USD |
Common | Sell Transaction | 1,645 | 4.9020 USD |
Common | Sell Transaction | 100 | 4.9050 USD |
Common | Sell Transaction | 316 | 4.9086 USD |
Common | Sell Transaction | 8 | 4.9088 USD |
Common | Sell Transaction | 193 | 4.9098 USD |
Common | Sell Transaction | 100 | 4.9100 USD |
Common | Sell Transaction | 596 | 4.9102 USD |
Common | Sell Transaction | 621 | 4.9122 USD |
Common | Sell Transaction | 300 | 4.9133 USD |
Common | Sell Transaction | 4,574 | 4.9140 USD |
Common | Sell Transaction | 334 | 4.9165 USD |
Common | Sell Transaction | 224 | 4.9184 USD |
Common | Sell Transaction | 1,925 | 4.9245 USD |
Common | Sell Transaction | 832 | 4.9263 USD |
Common | Sell Transaction | 1,421 | 4.9300 USD |
Common | Sell Transaction | 9,366 | 4.9313 USD |
Common | Sell Transaction | 9,069 | 4.9340 USD |
Common | Sell Transaction | 180 | 4.9370 USD |
Common | Sell Transaction | 173 | 4.9371 USD |
Common | Sell Transaction | 400 | 4.9375 USD |
Common | Sell Transaction | 277 | 4.9392 USD |
Common | Sell Transaction | 300 | 4.9400 USD |
Common | Sell Transaction | 351 | 4.9405 USD |
Common | Sell Transaction | 5,612 | 4.9407 USD |
Common | Sell Transaction | 1,792 | 4.9432 USD |
Common | Sell Transaction | 184 | 4.9461 USD |
Common | Sell Transaction | 236 | 4.9471 USD |
Common | Sell Transaction | 920 | 4.9480 USD |
Common | Sell Transaction | 4,091 | 4.9482 USD |
Common | Sell Transaction | 216 | 4.9494 USD |
Common | Sell Transaction | 100 | 4.9500 USD |
Common | Sell Transaction | 716 | 4.9554 USD |
Common | Sell Transaction | 300 | 4.9600 USD |
Common | Sell Transaction | 27,945 | 4.9651 USD |
Common | Sell Transaction | 193 | 4.9688 USD |
Common | Sell Transaction | 1 | 4.9712 USD |
Common | Sell Transaction | 1,071 | 4.9768 USD |
Common | Sell Transaction | 500 | 4.9820 USD |
Common | Sell Transaction | 779 | 4.9850 USD |
Common | Sell Transaction | 25 | 4.9900 USD |
Common | Sell Transaction | 456 | 4.9928 USD |
Common | Sell Transaction | 408 | 4.9974 USD |
Common | Sell Transaction | 2 | 5.0000 USD |
Common | Sell Transaction | 0 | 5.0191 USD |
Common | Sell Transaction | 1,478 | 5.0300 USD |
Common | Sell Transaction | 10 | 5.0400 USD |
Common | Sell Transaction | 418 | 5.0538 USD |
Common | Sell Transaction | 2,001 | 5.0700 USD |
Common | Sell Transaction | 18 | 5.0794 USD |
Common | Sell Transaction | 100 | 5.0800 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 | DVP Transaction | 2 | 4.0000 USD | American | 2025-Jul-18 | 1.1000 USD |
Common | Call Option | DVP Transaction | 5 | 4.0000 USD | American | 2025-Jun-20 | 1.2300 USD |
Common | Call Option | RVP Transaction | 2 | 4.0000 USD | American | 2025-Jul-18 | 1.1000 USD |
Common | Call Option | RVP Transaction | 5 | 4.0000 USD | American | 2025-Jun-20 | 1.2300 USD |
Common | Call Option | Sell Transaction | 5 | 4.0000 USD | American | 2025-Apr-17 | 1.0500 USD |
Common | Call Option | Sell Transaction | 4 | 4.0000 USD | American | 2025-Jun-20 | 1.0500 USD |
Common | Call Option | Sell Transaction | 1 | 4.0000 USD | American | 2025-Jun-20 | 1.1000 USD |
Common | Call Option | Sell Transaction | 30 | 4.0000 USD | American | 2025-Jul-18 | 1.1000 USD |
Common | Call Option | Sell Transaction | 10 | 4.0000 USD | American | 2025-Jun-20 | 1.1200 USD |
Common | Call Option | Sell Transaction | 8 | 4.0000 USD | American | 2025-Jun-20 | 1.1300 USD |
Common | Call Option | Sell Transaction | 1 | 4.0000 USD | American | 2025-Jun-20 | 1.1500 USD |
Common | Call Option | Sell Transaction | 35 | 4.0000 USD | American | 2025-Jun-20 | 1.1800 USD |
Common | Call Option | Sell Transaction | 5 | 4.0000 USD | American | 2025-Jun-20 | 1.2000 USD |
Common | Call Option | Sell Transaction | 9 | 4.0000 USD | American | 2025-Jun-20 | 1.2200 USD |
Common | Call Option | Sell Transaction | 5 | 4.0000 USD | American | 2025-Jun-20 | 1.2300 USD |
Common | Call Option | Sell Transaction | 6 | 4.0000 USD | American | 2025-Jun-20 | 1.2500 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: | 4 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 | 700 | 10.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 1,500 | 6.0 USD
| American
| 17/04/2025
|
Common | Put Option | Purchased | -100 | 8.0 USD
| American
| 21/03/2025
|
Common | Put Option | Purchased | -100 | 5.0 USD
| American
| 17/10/2025
|
Common | Put Option | Purchased | -200 | 5.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 2,500 | 10.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 100 | 4.0 USD
| American
| 21/03/2025
|
Common | Call Option | Purchased | 300 | 8.0 USD
| American
| 20/06/2025
|
Common | Call Option | Purchased | 600 | 10.0 USD
| American
| 17/04/2025
|
Common | Call Option | Purchased | 2,300 | 7.0 USD
| American
| 20/06/2025
|
Common | Put Option | Purchased | -800 | 5.0 USD
| American
| 20/06/2025
|
Common | Put Option | Purchased | -4,000 | 3.0 USD
| American
| 16/01/2026
|
Common | Put Option | Purchased | -104,200 | 6.0 USD
| American
| 20/06/2025
|
Common | Put Option | Purchased | -3,800 | 4.0 USD
| American
| 17/04/2025
|
Common | Put Option | Purchased | -5,800 | 5.0 USD
| American
| 21/03/2025
|
Common | Call Option | Purchased | 300,000 | 6.0 USD
| American
| 18/07/2025
|
Common | Put Option | Purchased | -800 | 7.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 900 | 5.0 USD
| American
| 16/01/2026
|
Common | Put Option | Purchased | -5,400 | 4.0 USD
| American
| 18/07/2025
|
Common | Put Option | Purchased | -4,000 | 4.0 USD
| American
| 20/06/2025
|
Common | Put Option | Purchased | -8,400 | 5.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 246,100 | 6.0 USD
| American
| 18/07/2025
|
Common | Put Option | Purchased | -100,000 | 7.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -500 | 4.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -14,000 | 6.0 USD
| American
| 21/03/2025
|
Common | Call Option | Sold | -29,400 | 8.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -1,600 | 5.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -200 | 7.0 USD
| American
| 18/07/2025
|
Common | Put Option | Sold | 7,600 | 6.0 USD
| American
| 17/04/2025
|
Common | Put Option | Sold | 99,900 | 8.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -1,000 | 3.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -1,300 | 6.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -500 | 3.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -100,700 | 5.0 USD
| American
| 18/07/2025
|
Common | Put Option | Sold | 100 | 4.0 USD
| American
| 21/03/2025
|
Common | Call Option | Sold | -200 | 5.0 USD
| American
| 21/03/2025
|
Common | Call Option | Sold | -116,600 | 7.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -800 | 12.0 USD
| American
| 16/01/2026
|
Common | Put Option | Sold | 900 | 6.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -1,900 | 9.0 USD
| American
| 17/04/2025
|
Common | Call Option | Sold | -8,800 | 4.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -31,700 | 5.0 USD
| American
| 17/07/2026
|
Common | Put Option | Sold | 75,400 | 7.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -8,600 | 8.0 USD
| American
| 17/04/2025
|
Common | Call Option | Sold | -3,200 | 4.0 USD
| American
| 17/04/2025
|
Common | Call Option | Sold | -12,700 | 7.0 USD
| American
| 17/04/2025
|
Common | Call Option | Sold | -500 | 10.0 USD
| American
| 17/07/2026
|
Common | Put Option | Sold | 9,200 | 5.0 USD
| American
| 17/04/2025
|
Common | Call Option | Sold | -2,500 | 4.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -7,700 | 7.0 USD
| American
| 21/03/2025
|
Common | Call Option | Sold | -3,000 | 4.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -13,900 | 5.0 USD
| American
| 17/04/2025
|
Common | Call Option | Sold | -100 | 15.0 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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