14th May 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 | 13 May 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: | 1,542,868 | 1.30 | 0 | 0.00 |
(2) Cash-settled derivatives:
| 632,932 | 0.53 | 0 | 0.00 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 1,987,600 | 1.67 | 954,300 | 0.80 |
TOTAL: | 4,163,400 | 3.51 | 954,300 | 0.80 |
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 | 200 | 4.6200 USD |
Common | Buy Transaction | 200 | 4.6300 USD |
Common | Buy Transaction | 472 | 4.6301 USD |
Common | Buy Transaction | 7,600 | 4.6328 USD |
Common | Buy Transaction | 100 | 4.6350 USD |
Common | Buy Transaction | 579 | 4.6383 USD |
Common | Buy Transaction | 1,500 | 4.6390 USD |
Common | Buy Transaction | 239 | 4.6392 USD |
Common | Buy Transaction | 815 | 4.6400 USD |
Common | Buy Transaction | 1,022 | 4.6403 USD |
Common | Buy Transaction | 526 | 4.6405 USD |
Common | Buy Transaction | 2,325 | 4.6437 USD |
Common | Buy Transaction | 600 | 4.6442 USD |
Common | Buy Transaction | 830 | 4.6452 USD |
Common | Buy Transaction | 400 | 4.6463 USD |
Common | Buy Transaction | 212 | 4.6468 USD |
Common | Buy Transaction | 705 | 4.6477 USD |
Common | Buy Transaction | 635 | 4.6483 USD |
Common | Buy Transaction | 505 | 4.6489 USD |
Common | Buy Transaction | 604 | 4.6499 USD |
Common | Buy Transaction | 2,379 | 4.6500 USD |
Common | Buy Transaction | 1,500 | 4.6501 USD |
Common | Buy Transaction | 3,181 | 4.6507 USD |
Common | Buy Transaction | 1,410 | 4.6511 USD |
Common | Buy Transaction | 900 | 4.6522 USD |
Common | Buy Transaction | 1,400 | 4.6529 USD |
Common | Buy Transaction | 1,809 | 4.6550 USD |
Common | Buy Transaction | 4,640 | 4.6564 USD |
Common | Buy Transaction | 646 | 4.6578 USD |
Common | Buy Transaction | 610 | 4.6589 USD |
Common | Buy Transaction | 1,170 | 4.6595 USD |
Common | Buy Transaction | 30 | 4.6600 USD |
Common | Buy Transaction | 796 | 4.6601 USD |
Common | Buy Transaction | 700 | 4.6614 USD |
Common | Buy Transaction | 2,781 | 4.6630 USD |
Common | Buy Transaction | 1,500 | 4.6633 USD |
Common | Buy Transaction | 1,500 | 4.6640 USD |
Common | Buy Transaction | 1,849 | 4.6663 USD |
Common | Buy Transaction | 2,100 | 4.6671 USD |
Common | Buy Transaction | 900 | 4.6678 USD |
Common | Buy Transaction | 500 | 4.6680 USD |
Common | Buy Transaction | 1,495 | 4.6681 USD |
Common | Buy Transaction | 6,376 | 4.6692 USD |
Common | Buy Transaction | 6,591 | 4.6693 USD |
Common | Buy Transaction | 1,070 | 4.6694 USD |
Common | Buy Transaction | 581 | 4.6700 USD |
Common | Buy Transaction | 384 | 4.6717 USD |
Common | Buy Transaction | 7,180 | 4.6717 USD |
Common | Buy Transaction | 200 | 4.6750 USD |
Common | Buy Transaction | 1,357 | 4.6765 USD |
Common | Buy Transaction | 1,019 | 4.6780 USD |
Common | Buy Transaction | 1,567 | 4.6781 USD |
Common | Buy Transaction | 34,016 | 4.6781 USD |
Common | Buy Transaction | 264 | 4.6785 USD |
Common | Buy Transaction | 1,988 | 4.6799 USD |
Common | Buy Transaction | 503 | 4.6800 USD |
Common | Buy Transaction | 226 | 4.6801 USD |
Common | Buy Transaction | 128 | 4.6809 USD |
Common | Buy Transaction | 46,800 | 4.6815 USD |
Common | Buy Transaction | 503 | 4.6821 USD |
Common | Buy Transaction | 6,453 | 4.6822 USD |
Common | Buy Transaction | 2,041 | 4.6827 USD |
Common | Buy Transaction | 1,257 | 4.6827 USD |
Common | Buy Transaction | 1 | 4.6831 USD |
Common | Buy Transaction | 2,454 | 4.6831 USD |
Common | Buy Transaction | 6,937 | 4.6834 USD |
Common | Buy Transaction | 761 | 4.6849 USD |
Common | Buy Transaction | 200 | 4.6850 USD |
Common | Buy Transaction | 470 | 4.6855 USD |
Common | Buy Transaction | 147 | 4.6860 USD |
Common | Buy Transaction | 56,963 | 4.6868 USD |
Common | Buy Transaction | 7,321 | 4.6881 USD |
Common | Buy Transaction | 1,375 | 4.6890 USD |
Common | Buy Transaction | 34,359 | 4.6896 USD |
Common | Buy Transaction | 101 | 4.6900 USD |
Common | Buy Transaction | 5,298 | 4.6920 USD |
Common | Buy Transaction | 400 | 4.6925 USD |
Common | Buy Transaction | 700 | 4.6929 USD |
Common | Buy Transaction | 805 | 4.6946 USD |
Common | Buy Transaction | 2,992 | 4.6947 USD |
Common | Buy Transaction | 1,900 | 4.6950 USD |
Common | Buy Transaction | 798 | 4.6950 USD |
Common | Buy Transaction | 883 | 4.6964 USD |
Common | Buy Transaction | 1,291 | 4.6968 USD |
Common | Buy Transaction | 917 | 4.6969 USD |
Common | Buy Transaction | 1,010 | 4.6990 USD |
Common | Buy Transaction | 437 | 4.7000 USD |
Common | Buy Transaction | 4,909 | 4.7037 USD |
Common | Buy Transaction | 4,139 | 4.7042 USD |
Common | Buy Transaction | 345 | 4.7061 USD |
Common | Buy Transaction | 6,723 | 4.7073 USD |
Common | Buy Transaction | 621 | 4.7077 USD |
Common | Buy Transaction | 2,610 | 4.7077 USD |
Common | Buy Transaction | 224 | 4.7081 USD |
Common | Buy Transaction | 374 | 4.7098 USD |
Common | Buy Transaction | 4,271 | 4.7100 USD |
Common | Buy Transaction | 413 | 4.7100 USD |
Common | Buy Transaction | 12 | 4.7108 USD |
Common | Buy Transaction | 2,111 | 4.7130 USD |
Common | Buy Transaction | 5,003 | 4.7143 USD |
Common | Buy Transaction | 42,518 | 4.7155 USD |
Common | Buy Transaction | 876 | 4.7165 USD |
Common | Buy Transaction | 7,378 | 4.7200 USD |
Common | Buy Transaction | 28 | 4.7243 USD |
Common | Buy Transaction | 92,627 | 4.7300 USD |
Common | Buy Transaction | 14 | 4.7307 USD |
Common | Buy Transaction | 12,943 | 4.7334 USD |
Common | Buy Transaction | 100 | 4.7350 USD |
Common | DVP Transaction | 330 | 4.6500 USD |
Common | DVP Transaction | 20 | 4.6700 USD |
Common | DVP Transaction | 30 | 4.7050 USD |
Common | DVP Transaction | 90 | 4.7150 USD |
Common | DVP Transaction | 5 | 4.7160 USD |
Common | DVP Transaction | 251 | 4.7200 USD |
Common | DVP Transaction | 30 | 4.7250 USD |
Common | DVP Transaction | 25 | 4.7252 USD |
Common | DVP Transaction | 107,213 | 4.7300 USD |
Common | DVP Transaction | 40 | 4.7350 USD |
Common | DVP Transaction | 25 | 4.7400 USD |
Common | RVP Transaction | 253 | 4.6500 USD |
Common | RVP Transaction | 97 | 4.6541 USD |
Common | RVP Transaction | 251 | 4.7200 USD |
Common | RVP Transaction | 295 | 4.7233 USD |
Common | RVP Transaction | 107,163 | 4.7300 USD |
Common | Sell Transaction | 568 | 4.6200 USD |
Common | Sell Transaction | 429 | 4.6208 USD |
Common | Sell Transaction | 211 | 4.6250 USD |
Common | Sell Transaction | 10 | 4.6300 USD |
Common | Sell Transaction | 1,600 | 4.6375 USD |
Common | Sell Transaction | 304 | 4.6400 USD |
Common | Sell Transaction | 474 | 4.6447 USD |
Common | Sell Transaction | 989 | 4.6481 USD |
Common | Sell Transaction | 4,137 | 4.6481 USD |
Common | Sell Transaction | 765 | 4.6491 USD |
Common | Sell Transaction | 3,788 | 4.6523 USD |
Common | Sell Transaction | 1,404 | 4.6528 USD |
Common | Sell Transaction | 300 | 4.6533 USD |
Common | Sell Transaction | 217 | 4.6588 USD |
Common | Sell Transaction | 1,049 | 4.6596 USD |
Common | Sell Transaction | 1,847 | 4.6602 USD |
Common | Sell Transaction | 1,296 | 4.6662 USD |
Common | Sell Transaction | 907 | 4.6668 USD |
Common | Sell Transaction | 595 | 4.6682 USD |
Common | Sell Transaction | 1,200 | 4.6692 USD |
Common | Sell Transaction | 70 | 4.6696 USD |
Common | Sell Transaction | 758 | 4.6699 USD |
Common | Sell Transaction | 1,859 | 4.6717 USD |
Common | Sell Transaction | 1,000 | 4.6720 USD |
Common | Sell Transaction | 63,330 | 4.6742 USD |
Common | Sell Transaction | 600 | 4.6767 USD |
Common | Sell Transaction | 12,745 | 4.6774 USD |
Common | Sell Transaction | 1,202 | 4.6776 USD |
Common | Sell Transaction | 2,863 | 4.6779 USD |
Common | Sell Transaction | 1,569 | 4.6793 USD |
Common | Sell Transaction | 859 | 4.6797 USD |
Common | Sell Transaction | 691 | 4.6798 USD |
Common | Sell Transaction | 747 | 4.6800 USD |
Common | Sell Transaction | 1,088 | 4.6800 USD |
Common | Sell Transaction | 1,699 | 4.6803 USD |
Common | Sell Transaction | 3,719 | 4.6827 USD |
Common | Sell Transaction | 4,510 | 4.6831 USD |
Common | Sell Transaction | 1,986 | 4.6836 USD |
Common | Sell Transaction | 706 | 4.6839 USD |
Common | Sell Transaction | 100 | 4.6850 USD |
Common | Sell Transaction | 4,999 | 4.6854 USD |
Common | Sell Transaction | 1,072 | 4.6855 USD |
Common | Sell Transaction | 2,408 | 4.6864 USD |
Common | Sell Transaction | 305 | 4.6885 USD |
Common | Sell Transaction | 7,969 | 4.6887 USD |
Common | Sell Transaction | 603 | 4.6889 USD |
Common | Sell Transaction | 701 | 4.6891 USD |
Common | Sell Transaction | 203 | 4.6900 USD |
Common | Sell Transaction | 1,145 | 4.6905 USD |
Common | Sell Transaction | 6,686 | 4.6915 USD |
Common | Sell Transaction | 4,505 | 4.6919 USD |
Common | Sell Transaction | 1,031 | 4.6920 USD |
Common | Sell Transaction | 1,648 | 4.6934 USD |
Common | Sell Transaction | 184 | 4.6946 USD |
Common | Sell Transaction | 100 | 4.6950 USD |
Common | Sell Transaction | 167 | 4.6950 USD |
Common | Sell Transaction | 900 | 4.6956 USD |
Common | Sell Transaction | 670 | 4.6963 USD |
Common | Sell Transaction | 1,810 | 4.6973 USD |
Common | Sell Transaction | 984 | 4.6985 USD |
Common | Sell Transaction | 343 | 4.6987 USD |
Common | Sell Transaction | 3,200 | 4.6994 USD |
Common | Sell Transaction | 295 | 4.7000 USD |
Common | Sell Transaction | 1,600 | 4.7012 USD |
Common | Sell Transaction | 1,813 | 4.7025 USD |
Common | Sell Transaction | 486 | 4.7035 USD |
Common | Sell Transaction | 237 | 4.7035 USD |
Common | Sell Transaction | 1 | 4.7048 USD |
Common | Sell Transaction | 2,622 | 4.7069 USD |
Common | Sell Transaction | 56 | 4.7082 USD |
Common | Sell Transaction | 350 | 4.7090 USD |
Common | Sell Transaction | 275 | 4.7091 USD |
Common | Sell Transaction | 50 | 4.7092 USD |
Common | Sell Transaction | 4,450 | 4.7100 USD |
Common | Sell Transaction | 1,199 | 4.7125 USD |
Common | Sell Transaction | 103 | 4.7133 USD |
Common | Sell Transaction | 618 | 4.7149 USD |
Common | Sell Transaction | 3,400 | 4.7150 USD |
Common | Sell Transaction | 607 | 4.7150 USD |
Common | Sell Transaction | 1,042 | 4.7154 USD |
Common | Sell Transaction | 50 | 4.7156 USD |
Common | Sell Transaction | 703 | 4.7178 USD |
Common | Sell Transaction | 300 | 4.7183 USD |
Common | Sell Transaction | 5,211 | 4.7187 USD |
Common | Sell Transaction | 536 | 4.7194 USD |
Common | Sell Transaction | 376 | 4.7196 USD |
Common | Sell Transaction | 959 | 4.7197 USD |
Common | Sell Transaction | 8,375 | 4.7200 USD |
Common | Sell Transaction | 496 | 4.7201 USD |
Common | Sell Transaction | 77 | 4.7205 USD |
Common | Sell Transaction | 72 | 4.7211 USD |
Common | Sell Transaction | 62 | 4.7223 USD |
Common | Sell Transaction | 31 | 4.7229 USD |
Common | Sell Transaction | 464 | 4.7234 USD |
Common | Sell Transaction | 11,600 | 4.7241 USD |
Common | Sell Transaction | 833 | 4.7249 USD |
Common | Sell Transaction | 1,100 | 4.7250 USD |
Common | Sell Transaction | 271 | 4.7251 USD |
Common | Sell Transaction | 10,694 | 4.7258 USD |
Common | Sell Transaction | 270 | 4.7274 USD |
Common | Sell Transaction | 100,937 | 4.7300 USD |
Common | Sell Transaction | 1,124 | 4.7350 USD |
Common | Sell Transaction | 300 | 4.7350 USD |
Common | Sell Transaction | 1,531 | 4.7350 USD |
Common | Sell Transaction | 11 | 4.7391 USD |
Common | Sell Transaction | 300 | 4.7400 USD |
(b) Cash-settled derivative transactions
Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit |
Common | CFD | Increasing long position | 400 | 4.6475 USD |
Common | CFD | Increasing long position | 100 | 4.6500 USD |
Common | CFD | Increasing long position | 8,538 | 4.6522 USD |
Common | CFD | Increasing long position | 400 | 4.6600 USD |
Common | CFD | Increasing long position | 35,669 | 4.6908 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 | 5 | 15.0000 USD | American | 2026-Jan-16 | 0.0500 USD |
Common | Put Option | Buy Transaction | 2 | 4.0000 USD | American | 2025-Jul-18 | 0.1500 USD |
Common | Call Option | Buy Transaction | 3 | 5.0000 USD | American | 2025-Jun-20 | 0.2200 USD |
Common | Call Option | Buy Transaction | 1 | 5.0000 USD | American | 2025-Jun-20 | 0.2300 USD |
Common | Call Option | Buy Transaction | 1 | 5.0000 USD | American | 2025-Jul-18 | 0.3400 USD |
Common | Call Option | Buy Transaction | 2 | 5.0000 USD | American | 2025-Jul-18 | 0.3500 USD |
Common | Call Option | Buy Transaction | 3 | 6.0000 USD | American | 2025-Oct-17 | 0.3500 USD |
Common | Call Option | Buy Transaction | 3 | 7.0000 USD | American | 2026-Jan-16 | 0.3800 USD |
Common | Call Option | Buy Transaction | 3 | 4.0000 USD | American | 2025-May-16 | 0.6500 USD |
Common | Call Option | Buy Transaction | 2 | 4.0000 USD | American | 2025-Jun-20 | 0.8000 USD |
Common | Call Option | Buy Transaction | 5 | 4.0000 USD | American | 2025-Jul-18 | 0.8500 USD |
Common | Call Option | DVP Transaction | 16 | 5.0000 USD | American | 2025-May-16 | 0.0400 USD |
Common | Call Option | DVP Transaction | 1 | 15.0000 USD | American | 2026-Jan-16 | 0.0500 USD |
Common | Put Option | DVP Transaction | 2 | 4.0000 USD | American | 2025-Jul-18 | 0.1500 USD |
Common | Call Option | DVP Transaction | 6 | 5.0000 USD | American | 2025-Jun-20 | 0.2200 USD |
Common | Call Option | DVP Transaction | 11 | 5.0000 USD | American | 2025-Jun-20 | 0.2482 USD |
Common | Call Option | DVP Transaction | 2 | 5.0000 USD | American | 2025-Jun-20 | 0.2500 USD |
Common | Call Option | DVP Transaction | 1 | 5.0000 USD | American | 2025-Jul-18 | 0.3400 USD |
Common | Call Option | DVP Transaction | 5 | 5.0000 USD | American | 2025-Jul-18 | 0.3500 USD |
Common | Call Option | DVP Transaction | 3 | 6.0000 USD | American | 2025-Oct-17 | 0.3500 USD |
Common | Call Option | DVP Transaction | 3 | 7.0000 USD | American | 2026-Jan-16 | 0.3800 USD |
Common | Call Option | DVP Transaction | 50 | 5.0000 USD | American | 2025-Oct-17 | 0.6400 USD |
Common | Call Option | DVP Transaction | 15 | 5.0000 USD | American | 2025-Oct-17 | 0.6500 USD |
Common | Call Option | DVP Transaction | 7 | 4.0000 USD | American | 2025-May-16 | 0.6500 USD |
Common | Call Option | DVP Transaction | 2 | 4.0000 USD | American | 2025-Jun-20 | 0.8000 USD |
Common | Call Option | DVP Transaction | 20 | 4.0000 USD | American | 2025-Jun-20 | 0.8500 USD |
Common | Call Option | DVP Transaction | 5 | 4.0000 USD | American | 2025-Jul-18 | 0.8500 USD |
Common | Call Option | DVP Transaction | 3 | 4.0000 USD | American | 2025-Oct-17 | 1.1500 USD |
Common | Call Option | DVP Transaction | 2 | 4.0000 USD | American | 2025-Oct-17 | 1.1600 USD |
Common | Call Option | DVP Transaction | 40 | 4.0000 USD | American | 2025-Oct-17 | 1.1698 USD |
Common | Call Option | DVP Transaction | 24 | 4.0000 USD | American | 2025-Oct-17 | 1.2000 USD |
Common | Call Option | DVP Transaction | 6 | 3.0000 USD | American | 2025-Jun-20 | 1.7600 USD |
Common | Call Option | RVP Transaction | 16 | 5.0000 USD | American | 2025-May-16 | 0.0400 USD |
Common | Call Option | RVP Transaction | 1 | 15.0000 USD | American | 2026-Jan-16 | 0.0500 USD |
Common | Put Option | RVP Transaction | 2 | 4.0000 USD | American | 2025-Jul-18 | 0.1500 USD |
Common | Call Option | RVP Transaction | 6 | 5.0000 USD | American | 2025-Jun-20 | 0.2200 USD |
Common | Call Option | RVP Transaction | 11 | 5.0000 USD | American | 2025-Jun-20 | 0.2482 USD |
Common | Call Option | RVP Transaction | 2 | 5.0000 USD | American | 2025-Jun-20 | 0.2500 USD |
Common | Call Option | RVP Transaction | 3 | 5.0000 USD | American | 2025-Jul-18 | 0.3467 USD |
Common | Call Option | RVP Transaction | 3 | 5.0000 USD | American | 2025-Jul-18 | 0.3500 USD |
Common | Call Option | RVP Transaction | 3 | 6.0000 USD | American | 2025-Oct-17 | 0.3500 USD |
Common | Call Option | RVP Transaction | 3 | 7.0000 USD | American | 2026-Jan-16 | 0.3800 USD |
Common | Call Option | RVP Transaction | 50 | 5.0000 USD | American | 2025-Oct-17 | 0.6400 USD |
Common | Call Option | RVP Transaction | 15 | 5.0000 USD | American | 2025-Oct-17 | 0.6500 USD |
Common | Call Option | RVP Transaction | 7 | 4.0000 USD | American | 2025-May-16 | 0.6500 USD |
Common | Call Option | RVP Transaction | 2 | 4.0000 USD | American | 2025-Jun-20 | 0.8000 USD |
Common | Call Option | RVP Transaction | 20 | 4.0000 USD | American | 2025-Jun-20 | 0.8500 USD |
Common | Call Option | RVP Transaction | 5 | 4.0000 USD | American | 2025-Jul-18 | 0.8500 USD |
Common | Call Option | RVP Transaction | 3 | 4.0000 USD | American | 2025-Oct-17 | 1.1500 USD |
Common | Call Option | RVP Transaction | 44 | 4.0000 USD | American | 2025-Oct-17 | 1.1725 USD |
Common | Call Option | RVP Transaction | 22 | 4.0000 USD | American | 2025-Oct-17 | 1.1964 USD |
Common | Call Option | RVP Transaction | 6 | 3.0000 USD | American | 2025-Jun-20 | 1.7600 USD |
Common | Call Option | Sell Transaction | 16 | 5.0000 USD | American | 2025-May-16 | 0.0400 USD |
Common | Call Option | Sell Transaction | 1 | 5.0000 USD | American | 2025-Jun-20 | 0.2500 USD |
Common | Call Option | Sell Transaction | 1 | 5.0000 USD | American | 2025-Jul-18 | 0.3500 USD |
Common | Call Option | Sell Transaction | 15 | 5.0000 USD | American | 2025-Oct-17 | 0.6500 USD |
Common | Call Option | Sell Transaction | 3 | 4.0000 USD | American | 2025-Oct-17 | 1.1500 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: | 14 May 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 | Put Option | Purchased | -900 | 5.0 USD
| American
| 17/07/2026
|
Common | Call Option | Purchased | 5,400 | 4.0 USD
| American
| 16/05/2025
|
Common | Call Option | Purchased | 900 | 6.0 USD
| American
| 17/10/2025
|
Common | Put Option | Purchased | -8,500 | 5.0 USD
| American
| 16/01/2026
|
Common | Put Option | Purchased | -1,400 | 4.0 USD
| American
| 16/01/2026
|
Common | Put Option | Purchased | -2,300 | 5.0 USD
| American
| 16/05/2025
|
Common | Put Option | Purchased | -500 | 3.0 USD
| American
| 16/05/2025
|
Common | Call Option | Purchased | 1,000,000 | 5.0 USD
| American
| 20/06/2025
|
Common | Call Option | Purchased | 12,300 | 3.0 USD
| American
| 16/05/2025
|
Common | Put Option | Purchased | -6,000 | 4.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 300 | 8.0 USD
| American
| 20/06/2025
|
Common | Call Option | Purchased | 9,200 | 5.0 USD
| American
| 16/01/2026
|
Common | Put Option | Purchased | -700 | 7.0 USD
| American
| 18/07/2025
|
Common | Put Option | Purchased | -3,400 | 4.0 USD
| American
| 20/06/2025
|
Common | Call Option | Purchased | 600,000 | 6.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 300 | 2.0 USD
| American
| 17/10/2025
|
Common | Put Option | Purchased | -1,400 | 5.0 USD
| American
| 20/06/2025
|
Common | Call Option | Purchased | 1,000 | 3.0 USD
| American
| 18/07/2025
|
Common | Call Option | Purchased | 6,900 | 4.0 USD
| American
| 17/10/2025
|
Common | Call Option | Purchased | 2,600 | 10.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 300 | 15.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 245,600 | 6.0 USD
| American
| 18/07/2025
|
Common | Put Option | Purchased | -300 | 5.0 USD
| American
| 17/10/2025
|
Common | Put Option | Purchased | -13,000 | 3.0 USD
| American
| 16/01/2026
|
Common | Call Option | Purchased | 700 | 10.0 USD
| American
| 18/07/2025
|
Common | Put Option | Purchased | -600 | 4.0 USD
| American
| 16/05/2025
|
Common | Call Option | Purchased | 2,000 | 7.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -3,400 | 10.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -8,300 | 4.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -400 | 3.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -94,200 | 5.0 USD
| American
| 17/10/2025
|
Common | Put Option | Sold | 100 | 3.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -118,100 | 7.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -607,800 | 5.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -2,300 | 4.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -800 | 12.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -500 | 4.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -200 | 7.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -800 | 6.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -29,400 | 8.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -36,200 | 5.0 USD
| American
| 17/07/2026
|
Common | Put Option | Sold | 100 | 5.0 USD
| American
| 18/07/2025
|
Common | Call Option | Sold | -100 | 2.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -900 | 6.0 USD
| American
| 20/06/2025
|
Common | Put Option | Sold | 99,900 | 8.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -200 | 3.0 USD
| American
| 20/06/2025
|
Common | Call Option | Sold | -2,600 | 5.0 USD
| American
| 16/05/2025
|
Common | Call Option | Sold | -1,400 | 3.0 USD
| American
| 16/01/2026
|
Common | Call Option | Sold | -2,000 | 3.0 USD
| American
| 17/10/2025
|
Common | Call Option | Sold | -2,500 | 4.0 USD
| American
| 17/07/2026
|
Common | Call Option | Sold | -3,200 | 5.0 USD
| American
| 20/06/2025
|
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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