-
22 May 2025 15:00:32
- Source: Sharecast

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 |
21 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: |
995,960 |
0.83 |
56,597 |
0.04 |
(2) Cash-settled derivatives:
|
918,594 |
0.77 |
0 |
0.00 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
1,981,600 |
1.66 |
988,500 |
0.83 |
TOTAL: |
3,896,154 |
3.28 |
1,045,097 |
0.88 |
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 |
25 |
4.3248 USD |
Common |
Buy Transaction |
164 |
4.3700 USD |
Common |
Buy Transaction |
7,005 |
4.3746 USD |
Common |
Buy Transaction |
3 |
4.3750 USD |
Common |
Buy Transaction |
5,248 |
4.3775 USD |
Common |
Buy Transaction |
47 |
4.3787 USD |
Common |
Buy Transaction |
49,874 |
4.3800 USD |
Common |
Buy Transaction |
159 |
4.3805 USD |
Common |
Buy Transaction |
56 |
4.3807 USD |
Common |
Buy Transaction |
783 |
4.3842 USD |
Common |
Buy Transaction |
3,237 |
4.3849 USD |
Common |
Buy Transaction |
1 |
4.3850 USD |
Common |
Buy Transaction |
957 |
4.3851 USD |
Common |
Buy Transaction |
530 |
4.3853 USD |
Common |
Buy Transaction |
34 |
4.3853 USD |
Common |
Buy Transaction |
22 |
4.3855 USD |
Common |
Buy Transaction |
1,327 |
4.3855 USD |
Common |
Buy Transaction |
300 |
4.3877 USD |
Common |
Buy Transaction |
99 |
4.3890 USD |
Common |
Buy Transaction |
401 |
4.3900 USD |
Common |
Buy Transaction |
342 |
4.3911 USD |
Common |
Buy Transaction |
1,342 |
4.3915 USD |
Common |
Buy Transaction |
16,698 |
4.3924 USD |
Common |
Buy Transaction |
14,883 |
4.3924 USD |
Common |
Buy Transaction |
661 |
4.3929 USD |
Common |
Buy Transaction |
109 |
4.3934 USD |
Common |
Buy Transaction |
309 |
4.4000 USD |
Common |
Buy Transaction |
341 |
4.4003 USD |
Common |
Buy Transaction |
204 |
4.4007 USD |
Common |
Buy Transaction |
627 |
4.4032 USD |
Common |
Buy Transaction |
277 |
4.4034 USD |
Common |
Buy Transaction |
1,165 |
4.4056 USD |
Common |
Buy Transaction |
624 |
4.4088 USD |
Common |
Buy Transaction |
755 |
4.4100 USD |
Common |
Buy Transaction |
1,033 |
4.4109 USD |
Common |
Buy Transaction |
186 |
4.4162 USD |
Common |
Buy Transaction |
243 |
4.4170 USD |
Common |
Buy Transaction |
2,728 |
4.4184 USD |
Common |
Buy Transaction |
1 |
4.4222 USD |
Common |
Buy Transaction |
59,685 |
4.4241 USD |
Common |
Buy Transaction |
4,036 |
4.4244 USD |
Common |
Buy Transaction |
1,635 |
4.4260 USD |
Common |
Buy Transaction |
1,101 |
4.4282 USD |
Common |
Buy Transaction |
1,500 |
4.4287 USD |
Common |
Buy Transaction |
1,700 |
4.4332 USD |
Common |
Buy Transaction |
2,100 |
4.4338 USD |
Common |
Buy Transaction |
100 |
4.4359 USD |
Common |
Buy Transaction |
533 |
4.4369 USD |
Common |
Buy Transaction |
1,200 |
4.4383 USD |
Common |
Buy Transaction |
8,413 |
4.4383 USD |
Common |
Buy Transaction |
2,600 |
4.4390 USD |
Common |
Buy Transaction |
4,954 |
4.4400 USD |
Common |
Buy Transaction |
1,027 |
4.4426 USD |
Common |
Buy Transaction |
701 |
4.4445 USD |
Common |
Buy Transaction |
619 |
4.4449 USD |
Common |
Buy Transaction |
1,418 |
4.4452 USD |
Common |
Buy Transaction |
895 |
4.4466 USD |
Common |
Buy Transaction |
1,000 |
4.4470 USD |
Common |
Buy Transaction |
4,069 |
4.4473 USD |
Common |
Buy Transaction |
994 |
4.4476 USD |
Common |
Buy Transaction |
2,389 |
4.4500 USD |
Common |
Buy Transaction |
1,900 |
4.4505 USD |
Common |
Buy Transaction |
399 |
4.4510 USD |
Common |
Buy Transaction |
3,700 |
4.4516 USD |
Common |
Buy Transaction |
700 |
4.4543 USD |
Common |
Buy Transaction |
220 |
4.4555 USD |
Common |
Buy Transaction |
544 |
4.4558 USD |
Common |
Buy Transaction |
234 |
4.4566 USD |
Common |
Buy Transaction |
2 |
4.4586 USD |
Common |
Buy Transaction |
336 |
4.4591 USD |
Common |
Buy Transaction |
617 |
4.4600 USD |
Common |
Buy Transaction |
1,453 |
4.4600 USD |
Common |
Buy Transaction |
1,000 |
4.4620 USD |
Common |
Buy Transaction |
600 |
4.4633 USD |
Common |
Buy Transaction |
1,402 |
4.4664 USD |
Common |
Buy Transaction |
301 |
4.4666 USD |
Common |
Buy Transaction |
175 |
4.4667 USD |
Common |
Buy Transaction |
165 |
4.4684 USD |
Common |
Buy Transaction |
299 |
4.4696 USD |
Common |
Buy Transaction |
2,120 |
4.4699 USD |
Common |
Buy Transaction |
718 |
4.4700 USD |
Common |
Buy Transaction |
572 |
4.4729 USD |
Common |
Buy Transaction |
100 |
4.4750 USD |
Common |
Buy Transaction |
800 |
4.4763 USD |
Common |
Buy Transaction |
866 |
4.4773 USD |
Common |
Buy Transaction |
106 |
4.4800 USD |
Common |
Buy Transaction |
3,094 |
4.4806 USD |
Common |
Buy Transaction |
1,852 |
4.4882 USD |
Common |
Buy Transaction |
2,900 |
4.4900 USD |
Common |
Buy Transaction |
20 |
4.5100 USD |
Common |
DVP Transaction |
9 |
4.3656 USD |
Common |
DVP Transaction |
10 |
4.3700 USD |
Common |
DVP Transaction |
270 |
4.3750 USD |
Common |
DVP Transaction |
27 |
4.3756 USD |
Common |
DVP Transaction |
45,912 |
4.3800 USD |
Common |
DVP Transaction |
44 |
4.3864 USD |
Common |
DVP Transaction |
15 |
4.3873 USD |
Common |
DVP Transaction |
282 |
4.3883 USD |
Common |
DVP Transaction |
220 |
4.3914 USD |
Common |
DVP Transaction |
19 |
4.3926 USD |
Common |
DVP Transaction |
342 |
4.4126 USD |
Common |
DVP Transaction |
266 |
4.4138 USD |
Common |
DVP Transaction |
50 |
4.4200 USD |
Common |
DVP Transaction |
499 |
4.4315 USD |
Common |
DVP Transaction |
72 |
4.4350 USD |
Common |
DVP Transaction |
1,890 |
4.4450 USD |
Common |
DVP Transaction |
72 |
4.4500 USD |
Common |
DVP Transaction |
26 |
4.4515 USD |
Common |
DVP Transaction |
972 |
4.4600 USD |
Common |
DVP Transaction |
66 |
4.4750 USD |
Common |
DVP Transaction |
1 |
4.4800 USD |
Common |
DVP Transaction |
702 |
4.4900 USD |
Common |
DVP Transaction |
688 |
4.4908 USD |
Common |
DVP Transaction |
748 |
4.4913 USD |
Common |
DVP Transaction |
298 |
4.4917 USD |
Common |
DVP Transaction |
1,261 |
4.4924 USD |
Common |
DVP Transaction |
410 |
4.4924 USD |
Common |
DVP Transaction |
386 |
4.4950 USD |
Common |
DVP Transaction |
10 |
4.5600 USD |
Common |
RVP Transaction |
45,992 |
4.3800 USD |
Common |
RVP Transaction |
2,133 |
4.4104 USD |
Common |
RVP Transaction |
60 |
4.4433 USD |
Common |
RVP Transaction |
523 |
4.4449 USD |
Common |
RVP Transaction |
600 |
4.4450 USD |
Common |
RVP Transaction |
502 |
4.4452 USD |
Common |
RVP Transaction |
291 |
4.4453 USD |
Common |
RVP Transaction |
19 |
4.4532 USD |
Common |
RVP Transaction |
972 |
4.4600 USD |
Common |
RVP Transaction |
1 |
4.4800 USD |
Common |
RVP Transaction |
2,740 |
4.4900 USD |
Common |
RVP Transaction |
1,734 |
4.4950 USD |
Common |
Sell Transaction |
2,050 |
4.3690 USD |
Common |
Sell Transaction |
1,713 |
4.3692 USD |
Common |
Sell Transaction |
458 |
4.3700 USD |
Common |
Sell Transaction |
856 |
4.3718 USD |
Common |
Sell Transaction |
210 |
4.3750 USD |
Common |
Sell Transaction |
18,322 |
4.3752 USD |
Common |
Sell Transaction |
504 |
4.3753 USD |
Common |
Sell Transaction |
252 |
4.3765 USD |
Common |
Sell Transaction |
4,426 |
4.3796 USD |
Common |
Sell Transaction |
1,034 |
4.3799 USD |
Common |
Sell Transaction |
69,513 |
4.3800 USD |
Common |
Sell Transaction |
677 |
4.3810 USD |
Common |
Sell Transaction |
803 |
4.3815 USD |
Common |
Sell Transaction |
5,228 |
4.3822 USD |
Common |
Sell Transaction |
300 |
4.3833 USD |
Common |
Sell Transaction |
1,700 |
4.3835 USD |
Common |
Sell Transaction |
2,523 |
4.3836 USD |
Common |
Sell Transaction |
753 |
4.3837 USD |
Common |
Sell Transaction |
782 |
4.3841 USD |
Common |
Sell Transaction |
16,700 |
4.3842 USD |
Common |
Sell Transaction |
3,090 |
4.3850 USD |
Common |
Sell Transaction |
291 |
4.3850 USD |
Common |
Sell Transaction |
67 |
4.3851 USD |
Common |
Sell Transaction |
1,812 |
4.3852 USD |
Common |
Sell Transaction |
1,157 |
4.3857 USD |
Common |
Sell Transaction |
749 |
4.3860 USD |
Common |
Sell Transaction |
3,528 |
4.3861 USD |
Common |
Sell Transaction |
1,259 |
4.3864 USD |
Common |
Sell Transaction |
273 |
4.3865 USD |
Common |
Sell Transaction |
300 |
4.3867 USD |
Common |
Sell Transaction |
166 |
4.3873 USD |
Common |
Sell Transaction |
100 |
4.3875 USD |
Common |
Sell Transaction |
1,028 |
4.3888 USD |
Common |
Sell Transaction |
184 |
4.3888 USD |
Common |
Sell Transaction |
16,523 |
4.3889 USD |
Common |
Sell Transaction |
1,655 |
4.3889 USD |
Common |
Sell Transaction |
16,631 |
4.3891 USD |
Common |
Sell Transaction |
207 |
4.3892 USD |
Common |
Sell Transaction |
2,595 |
4.3895 USD |
Common |
Sell Transaction |
478 |
4.3900 USD |
Common |
Sell Transaction |
701 |
4.3900 USD |
Common |
Sell Transaction |
1,091 |
4.3900 USD |
Common |
Sell Transaction |
419 |
4.3912 USD |
Common |
Sell Transaction |
189 |
4.3915 USD |
Common |
Sell Transaction |
129 |
4.3919 USD |
Common |
Sell Transaction |
775 |
4.3932 USD |
Common |
Sell Transaction |
68 |
4.3934 USD |
Common |
Sell Transaction |
381 |
4.3941 USD |
Common |
Sell Transaction |
300 |
4.3950 USD |
Common |
Sell Transaction |
1,470 |
4.3951 USD |
Common |
Sell Transaction |
6,632 |
4.3956 USD |
Common |
Sell Transaction |
732 |
4.3962 USD |
Common |
Sell Transaction |
3,106 |
4.3968 USD |
Common |
Sell Transaction |
503 |
4.3982 USD |
Common |
Sell Transaction |
2,967 |
4.3986 USD |
Common |
Sell Transaction |
1,914 |
4.3990 USD |
Common |
Sell Transaction |
0 |
4.3992 USD |
Common |
Sell Transaction |
376 |
4.3992 USD |
Common |
Sell Transaction |
3,728 |
4.4000 USD |
Common |
Sell Transaction |
1,850 |
4.4002 USD |
Common |
Sell Transaction |
149 |
4.4003 USD |
Common |
Sell Transaction |
52 |
4.4008 USD |
Common |
Sell Transaction |
1,342 |
4.4013 USD |
Common |
Sell Transaction |
824 |
4.4015 USD |
Common |
Sell Transaction |
596 |
4.4016 USD |
Common |
Sell Transaction |
28,909 |
4.4020 USD |
Common |
Sell Transaction |
240 |
4.4027 USD |
Common |
Sell Transaction |
356 |
4.4030 USD |
Common |
Sell Transaction |
230 |
4.4043 USD |
Common |
Sell Transaction |
177 |
4.4044 USD |
Common |
Sell Transaction |
1,713 |
4.4046 USD |
Common |
Sell Transaction |
286 |
4.4048 USD |
Common |
Sell Transaction |
643 |
4.4066 USD |
Common |
Sell Transaction |
298 |
4.4085 USD |
Common |
Sell Transaction |
100 |
4.4086 USD |
Common |
Sell Transaction |
21 |
4.4095 USD |
Common |
Sell Transaction |
3,935 |
4.4100 USD |
Common |
Sell Transaction |
17 |
4.4129 USD |
Common |
Sell Transaction |
409 |
4.4133 USD |
Common |
Sell Transaction |
200 |
4.4150 USD |
Common |
Sell Transaction |
104 |
4.4185 USD |
Common |
Sell Transaction |
1,000 |
4.4190 USD |
Common |
Sell Transaction |
350 |
4.4200 USD |
Common |
Sell Transaction |
1 |
4.4272 USD |
Common |
Sell Transaction |
200 |
4.4275 USD |
Common |
Sell Transaction |
17 |
4.4300 USD |
Common |
Sell Transaction |
2,600 |
4.4390 USD |
Common |
Sell Transaction |
358 |
4.4400 USD |
Common |
Sell Transaction |
2,311 |
4.4423 USD |
Common |
Sell Transaction |
444 |
4.4441 USD |
Common |
Sell Transaction |
15,378 |
4.4450 USD |
Common |
Sell Transaction |
93 |
4.4451 USD |
Common |
Sell Transaction |
640 |
4.4452 USD |
Common |
Sell Transaction |
400 |
4.4475 USD |
Common |
Sell Transaction |
218 |
4.4487 USD |
Common |
Sell Transaction |
22,144 |
4.4487 USD |
Common |
Sell Transaction |
116 |
4.4491 USD |
Common |
Sell Transaction |
2,611 |
4.4493 USD |
Common |
Sell Transaction |
995 |
4.4498 USD |
Common |
Sell Transaction |
240 |
4.4499 USD |
Common |
Sell Transaction |
13,804 |
4.4500 USD |
Common |
Sell Transaction |
5,183 |
4.4518 USD |
Common |
Sell Transaction |
552 |
4.4563 USD |
Common |
Sell Transaction |
600 |
4.4567 USD |
Common |
Sell Transaction |
1,600 |
4.4588 USD |
Common |
Sell Transaction |
600 |
4.4600 USD |
Common |
Sell Transaction |
848 |
4.4600 USD |
Common |
Sell Transaction |
1,105 |
4.4601 USD |
Common |
Sell Transaction |
330 |
4.4647 USD |
Common |
Sell Transaction |
100 |
4.4650 USD |
Common |
Sell Transaction |
1,000 |
4.4660 USD |
Common |
Sell Transaction |
229 |
4.4662 USD |
Common |
Sell Transaction |
600 |
4.4667 USD |
Common |
Sell Transaction |
500 |
4.4670 USD |
Common |
Sell Transaction |
197 |
4.4671 USD |
Common |
Sell Transaction |
469 |
4.4673 USD |
Common |
Sell Transaction |
400 |
4.4675 USD |
Common |
Sell Transaction |
115 |
4.4677 USD |
Common |
Sell Transaction |
911 |
4.4678 USD |
Common |
Sell Transaction |
1,475 |
4.4680 USD |
Common |
Sell Transaction |
651 |
4.4682 USD |
Common |
Sell Transaction |
1,414 |
4.4685 USD |
Common |
Sell Transaction |
670 |
4.4689 USD |
Common |
Sell Transaction |
316 |
4.4690 USD |
Common |
Sell Transaction |
590 |
4.4691 USD |
Common |
Sell Transaction |
226 |
4.4693 USD |
Common |
Sell Transaction |
564 |
4.4694 USD |
Common |
Sell Transaction |
17,289 |
4.4700 USD |
Common |
Sell Transaction |
891 |
4.4721 USD |
Common |
Sell Transaction |
1,200 |
4.4725 USD |
Common |
Sell Transaction |
379 |
4.4726 USD |
Common |
Sell Transaction |
533 |
4.4738 USD |
Common |
Sell Transaction |
430 |
4.4749 USD |
Common |
Sell Transaction |
1,002 |
4.4750 USD |
Common |
Sell Transaction |
294 |
4.4755 USD |
Common |
Sell Transaction |
318 |
4.4763 USD |
Common |
Sell Transaction |
549 |
4.4791 USD |
Common |
Sell Transaction |
10,718 |
4.4800 USD |
Common |
Sell Transaction |
4,600 |
4.4850 USD |
Common |
Sell Transaction |
468 |
4.4863 USD |
Common |
Sell Transaction |
6,416 |
4.4897 USD |
Common |
Sell Transaction |
212 |
4.4899 USD |
Common |
Sell Transaction |
1,061 |
4.4900 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 |
19,996 |
4.3878 USD |
Common |
CFD |
Increasing long position |
28,812 |
4.3899 USD |
Common |
CFD |
Increasing long position |
16,468 |
4.4243 USD |
Common |
CFD |
Increasing long position |
356 |
4.4249 USD |
Common |
CFD |
Increasing long position |
400 |
4.4450 USD |
Common |
CFD |
Increasing long position |
554 |
4.4635 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 |
6 |
6.0000 USD |
American |
2025-Jul-18 |
0.0700 USD |
Common |
Call Option |
Buy Transaction |
100 |
6.0000 USD |
American |
2025-Jul-18 |
0.1000 USD |
Common |
Call Option |
Buy Transaction |
1 |
5.0000 USD |
American |
2025-Oct-17 |
0.5000 USD |
Common |
Call Option |
Buy Transaction |
1 |
4.0000 USD |
American |
2025-Jul-18 |
0.7000 USD |
Common |
Call Option |
Buy Transaction |
4 |
4.0000 USD |
American |
2025-Oct-17 |
0.9900 USD |
Common |
Call Option |
DVP Transaction |
1 |
5.0000 USD |
American |
2025-Jun-20 |
0.1500 USD |
Common |
Call Option |
DVP Transaction |
17 |
5.0000 USD |
American |
2025-Jul-18 |
0.2882 USD |
Common |
Call Option |
DVP Transaction |
21 |
5.0000 USD |
American |
2025-Jul-18 |
0.3000 USD |
Common |
Call Option |
DVP Transaction |
2 |
5.0000 USD |
American |
2025-Oct-17 |
0.5500 USD |
Common |
Put Option |
DVP Transaction |
6 |
5.0000 USD |
American |
2025-Jun-20 |
0.7000 USD |
Common |
Call Option |
DVP Transaction |
4 |
4.0000 USD |
American |
2025-Oct-17 |
0.9900 USD |
Common |
Call Option |
RVP Transaction |
1 |
5.0000 USD |
American |
2025-Jun-20 |
0.1500 USD |
Common |
Call Option |
RVP Transaction |
3 |
5.0000 USD |
American |
2025-Jul-18 |
0.2333 USD |
Common |
Call Option |
RVP Transaction |
35 |
5.0000 USD |
American |
2025-Jul-18 |
0.3000 USD |
Common |
Call Option |
RVP Transaction |
2 |
5.0000 USD |
American |
2025-Oct-17 |
0.5500 USD |
Common |
Put Option |
RVP Transaction |
6 |
5.0000 USD |
American |
2025-Jun-20 |
0.7000 USD |
Common |
Call Option |
RVP Transaction |
4 |
4.0000 USD |
American |
2025-Oct-17 |
0.9900 USD |
Common |
Call Option |
Sell Transaction |
4 |
5.0000 USD |
American |
2025-Jun-20 |
0.1500 USD |
Common |
Call Option |
Sell Transaction |
68 |
5.0000 USD |
American |
2025-Jul-18 |
0.3000 USD |
Common |
Put Option |
Sell Transaction |
6 |
5.0000 USD |
American |
2025-Jun-20 |
0.7000 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: |
22 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 |
-8,000 |
4.0 USD
|
American
|
20/06/2025
|
Common |
Call Option |
Purchased |
1,000 |
3.0 USD
|
American
|
18/07/2025
|
Common |
Call Option |
Purchased |
700 |
10.0 USD
|
American
|
18/07/2025
|
Common |
Put Option |
Purchased |
-900 |
5.0 USD
|
American
|
17/07/2026
|
Common |
Call Option |
Purchased |
2,600 |
10.0 USD
|
American
|
16/01/2026
|
Common |
Call Option |
Purchased |
300 |
8.0 USD
|
American
|
20/06/2025
|
Common |
Call Option |
Purchased |
300 |
2.0 USD
|
American
|
17/10/2025
|
Common |
Put Option |
Purchased |
-1,300 |
5.0 USD
|
American
|
20/06/2025
|
Common |
Call Option |
Purchased |
600,000 |
6.0 USD
|
American
|
18/07/2025
|
Common |
Call Option |
Purchased |
800 |
6.0 USD
|
American
|
17/10/2025
|
Common |
Put Option |
Purchased |
-6,000 |
4.0 USD
|
American
|
18/07/2025
|
Common |
Call Option |
Purchased |
1,000,000 |
5.0 USD
|
American
|
20/06/2025
|
Common |
Call Option |
Purchased |
9,200 |
5.0 USD
|
American
|
16/01/2026
|
Common |
Put Option |
Purchased |
-13,000 |
3.0 USD
|
American
|
16/01/2026
|
Common |
Call Option |
Purchased |
256,300 |
6.0 USD
|
American
|
18/07/2025
|
Common |
Put Option |
Purchased |
-1,400 |
4.0 USD
|
American
|
16/01/2026
|
Common |
Call Option |
Purchased |
8,000 |
4.0 USD
|
American
|
17/10/2025
|
Common |
Put Option |
Purchased |
-8,500 |
5.0 USD
|
American
|
16/01/2026
|
Common |
Call Option |
Purchased |
1,000 |
6.0 USD
|
American
|
20/06/2025
|
Common |
Put Option |
Purchased |
-300 |
5.0 USD
|
American
|
17/10/2025
|
Common |
Put Option |
Purchased |
-700 |
7.0 USD
|
American
|
18/07/2025
|
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 |
Sold |
-800 |
12.0 USD
|
American
|
16/01/2026
|
Common |
Put Option |
Sold |
98,900 |
8.0 USD
|
American
|
20/06/2025
|
Common |
Call Option |
Sold |
-400 |
3.0 USD
|
American
|
17/07/2026
|
Common |
Call Option |
Sold |
-1,700 |
5.0 USD
|
American
|
20/06/2025
|
Common |
Call Option |
Sold |
-95,100 |
5.0 USD
|
American
|
17/10/2025
|
Common |
Call Option |
Sold |
-29,400 |
8.0 USD
|
American
|
18/07/2025
|
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 |
-200 |
3.0 USD
|
American
|
20/06/2025
|
Common |
Call Option |
Sold |
-3,400 |
10.0 USD
|
American
|
17/07/2026
|
Common |
Call Option |
Sold |
-100 |
2.0 USD
|
American
|
17/07/2026
|
Common |
Put Option |
Sold |
100 |
3.0 USD
|
American
|
20/06/2025
|
Common |
Call Option |
Sold |
-2,300 |
4.0 USD
|
American
|
20/06/2025
|
Common |
Call Option |
Sold |
-8,200 |
4.0 USD
|
American
|
18/07/2025
|
Common |
Call Option |
Sold |
-118,100 |
7.0 USD
|
American
|
16/01/2026
|
Common |
Put Option |
Sold |
100 |
5.0 USD
|
American
|
18/07/2025
|
Common |
Call Option |
Sold |
-2,500 |
4.0 USD
|
American
|
17/07/2026
|
Common |
Call Option |
Sold |
-500 |
4.0 USD
|
American
|
16/01/2026
|
Common |
Call Option |
Sold |
-800 |
6.0 USD
|
American
|
16/01/2026
|
Common |
Call Option |
Sold |
-200 |
7.0 USD
|
American
|
18/07/2025
|
Common |
Call Option |
Sold |
-645,200 |
5.0 USD
|
American
|
18/07/2025
|
Common |
Call Option |
Sold |
-36,100 |
5.0 USD
|
American
|
17/07/2026
|
3. AGREEMENTS TO PURCHASE OR SELL ETC.
Full details should be given so that the nature of the interest or position can be fully understood: |
|
It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.
The currency of all prices and other monetary amounts should be stated.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
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