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 | 20 February 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: | 1,166,963 | 0.99 | 1,244,627 | 1.05 |
| (2) Cash-settled derivatives:
| 0 | 0.00 | 0 | 0.00 |
| (3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 467,500 | 0.39 | 598,000 | 0.50 |
|
TOTAL: | 1,634,463 | 1.39 | 1,842,627 | 1.56 |
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 | 3,860 | 5.6895 USD |
| Common | Buy Transaction | 845 | 5.6978 USD |
| Common | Buy Transaction | 103 | 5.7024 USD |
| Common | Buy Transaction | 1,157 | 5.7031 USD |
| Common | Buy Transaction | 889 | 5.7078 USD |
| Common | Buy Transaction | 1,417 | 5.7100 USD |
| Common | Buy Transaction | 807 | 5.7121 USD |
| Common | Buy Transaction | 38 | 5.7150 USD |
| Common | Buy Transaction | 918 | 5.7165 USD |
| Common | Buy Transaction | 856 | 5.7191 USD |
| Common | Buy Transaction | 1,038 | 5.7200 USD |
| Common | Buy Transaction | 577 | 5.7231 USD |
| Common | Buy Transaction | 110 | 5.7250 USD |
| Common | Buy Transaction | 1,304 | 5.7300 USD |
| Common | Buy Transaction | 7 | 5.7343 USD |
| Common | Buy Transaction | 2,447 | 5.7348 USD |
| Common | Buy Transaction | 4 | 5.7350 USD |
| Common | Buy Transaction | 500 | 5.7360 USD |
| Common | Buy Transaction | 111 | 5.7360 USD |
| Common | Buy Transaction | 2,635 | 5.7400 USD |
| Common | Buy Transaction | 80 | 5.7417 USD |
| Common | Buy Transaction | 5 | 5.7450 USD |
| Common | Buy Transaction | 1,584 | 5.7460 USD |
| Common | Buy Transaction | 1,029 | 5.7463 USD |
| Common | Buy Transaction | 1,501 | 5.7466 USD |
| Common | Buy Transaction | 700 | 5.7486 USD |
| Common | Buy Transaction | 2,599 | 5.7500 USD |
| Common | Buy Transaction | 5,005 | 5.7500 USD |
| Common | Buy Transaction | 924 | 5.7516 USD |
| Common | Buy Transaction | 900 | 5.7522 USD |
| Common | Buy Transaction | 6 | 5.7533 USD |
| Common | Buy Transaction | 1,025 | 5.7536 USD |
| Common | Buy Transaction | 600 | 5.7550 USD |
| Common | Buy Transaction | 75 | 5.7551 USD |
| Common | Buy Transaction | 1,300 | 5.7577 USD |
| Common | Buy Transaction | 600 | 5.7583 USD |
| Common | Buy Transaction | 900 | 5.7589 USD |
| Common | Buy Transaction | 1,609 | 5.7601 USD |
| Common | Buy Transaction | 120 | 5.7604 USD |
| Common | Buy Transaction | 1,000 | 5.7605 USD |
| Common | Buy Transaction | 30,704 | 5.7607 USD |
| Common | Buy Transaction | 222 | 5.7635 USD |
| Common | Buy Transaction | 1,600 | 5.7650 USD |
| Common | Buy Transaction | 2,134 | 5.7658 USD |
| Common | Buy Transaction | 1,315 | 5.7658 USD |
| Common | Buy Transaction | 2,200 | 5.7664 USD |
| Common | Buy Transaction | 234 | 5.7669 USD |
| Common | Buy Transaction | 50 | 5.7670 USD |
| Common | Buy Transaction | 772 | 5.7680 USD |
| Common | Buy Transaction | 980 | 5.7683 USD |
| Common | Buy Transaction | 813 | 5.7690 USD |
| Common | Buy Transaction | 956 | 5.7698 USD |
| Common | Buy Transaction | 900 | 5.7700 USD |
| Common | Buy Transaction | 497 | 5.7712 USD |
| Common | Buy Transaction | 2,050 | 5.7730 USD |
| Common | Buy Transaction | 716 | 5.7748 USD |
| Common | Buy Transaction | 585 | 5.7761 USD |
| Common | Buy Transaction | 135 | 5.7783 USD |
| Common | Buy Transaction | 162 | 5.7789 USD |
| Common | Buy Transaction | 1,400 | 5.7800 USD |
| Common | Buy Transaction | 387 | 5.7826 USD |
| Common | Buy Transaction | 300 | 5.7833 USD |
| Common | Buy Transaction | 5,559 | 5.7835 USD |
| Common | Buy Transaction | 1,100 | 5.7855 USD |
| Common | Buy Transaction | 1,700 | 5.7865 USD |
| Common | Buy Transaction | 4,215 | 5.7866 USD |
| Common | Buy Transaction | 2,921 | 5.7892 USD |
| Common | Buy Transaction | 26 | 5.7900 USD |
| Common | Buy Transaction | 500 | 5.7920 USD |
| Common | Buy Transaction | 4,947 | 5.7944 USD |
| Common | Buy Transaction | 3,744 | 5.7949 USD |
| Common | Buy Transaction | 1,458 | 5.7959 USD |
| Common | Buy Transaction | 285 | 5.7962 USD |
| Common | Buy Transaction | 500 | 5.7970 USD |
| Common | Buy Transaction | 1,610 | 5.7976 USD |
| Common | Buy Transaction | 1,180 | 5.7981 USD |
| Common | Buy Transaction | 2,433 | 5.7998 USD |
| Common | Buy Transaction | 1 | 5.8000 USD |
| Common | Buy Transaction | 50 | 5.8008 USD |
| Common | Buy Transaction | 400 | 5.8022 USD |
| Common | Buy Transaction | 1,182 | 5.8049 USD |
| Common | Buy Transaction | 1,115 | 5.8055 USD |
| Common | Buy Transaction | 961 | 5.8080 USD |
| Common | Buy Transaction | 48 | 5.8100 USD |
| Common | Buy Transaction | 89 | 5.8108 USD |
| Common | Buy Transaction | 116 | 5.8141 USD |
| Common | Buy Transaction | 300 | 5.8167 USD |
| Common | Buy Transaction | 402 | 5.8167 USD |
| Common | Buy Transaction | 100 | 5.8200 USD |
| Common | Buy Transaction | 4,833 | 5.8234 USD |
| Common | Buy Transaction | 643 | 5.8242 USD |
| Common | Buy Transaction | 34 | 5.8394 USD |
| Common | Buy Transaction | 73 | 5.8397 USD |
| Common | Buy Transaction | 4,177 | 5.8400 USD |
| Common | Buy Transaction | 1,831 | 5.8414 USD |
| Common | Buy Transaction | 1,089 | 5.8452 USD |
| Common | Buy Transaction | 122 | 5.8500 USD |
| Common | Buy Transaction | 723 | 5.8508 USD |
| Common | Buy Transaction | 3 | 5.8550 USD |
| Common | Buy Transaction | 3 | 5.8650 USD |
| Common | Buy Transaction | 609 | 5.8699 USD |
| Common | Buy Transaction | 232 | 5.8700 USD |
| Common | Buy Transaction | 1,296 | 5.8764 USD |
| Common | Buy Transaction | 3,761 | 5.8800 USD |
| Common | Buy Transaction | 600 | 5.8813 USD |
| Common | Buy Transaction | 15,154 | 5.8900 USD |
| Common | Buy Transaction | 24 | 5.8967 USD |
| Common | Buy Transaction | 7 | 5.9000 USD |
| Common | Buy Transaction | 4,000 | 5.9023 USD |
| Common | Buy Transaction | 1 | 5.9100 USD |
| Common | Buy Transaction | 16 | 5.9200 USD |
| Common | DVP Transaction | 10 | 5.7550 USD |
| Common | DVP Transaction | 5,296 | 5.7762 USD |
| Common | DVP Transaction | 5,517 | 5.7870 USD |
| Common | DVP Transaction | 797 | 5.8500 USD |
| Common | DVP Transaction | 1 | 5.8600 USD |
| Common | DVP Transaction | 780 | 5.8800 USD |
| Common | DVP Transaction | 12,154 | 5.8900 USD |
| Common | RVP Transaction | 206 | 5.7353 USD |
| Common | RVP Transaction | 402 | 5.7474 USD |
| Common | RVP Transaction | 538 | 5.7507 USD |
| Common | RVP Transaction | 308 | 5.7556 USD |
| Common | RVP Transaction | 241 | 5.7564 USD |
| Common | RVP Transaction | 620 | 5.7591 USD |
| Common | RVP Transaction | 302 | 5.7622 USD |
| Common | RVP Transaction | 645 | 5.7670 USD |
| Common | RVP Transaction | 302 | 5.7673 USD |
| Common | RVP Transaction | 200 | 5.7750 USD |
| Common | RVP Transaction | 1,200 | 5.7803 USD |
| Common | RVP Transaction | 1,985 | 5.7871 USD |
| Common | RVP Transaction | 619 | 5.7911 USD |
| Common | RVP Transaction | 1,318 | 5.7917 USD |
| Common | RVP Transaction | 299 | 5.7968 USD |
| Common | RVP Transaction | 408 | 5.8044 USD |
| Common | RVP Transaction | 200 | 5.8050 USD |
| Common | RVP Transaction | 244 | 5.8102 USD |
| Common | RVP Transaction | 692 | 5.8204 USD |
| Common | RVP Transaction | 797 | 5.8500 USD |
| Common | RVP Transaction | 1 | 5.8600 USD |
| Common | RVP Transaction | 8 | 5.8613 USD |
| Common | RVP Transaction | 780 | 5.8800 USD |
| Common | RVP Transaction | 86 | 5.8810 USD |
| Common | RVP Transaction | 12,154 | 5.8900 USD |
| Common | Sell Transaction | 1 | 5.6800 USD |
| Common | Sell Transaction | 101 | 5.6900 USD |
| Common | Sell Transaction | 586 | 5.7047 USD |
| Common | Sell Transaction | 130 | 5.7070 USD |
| Common | Sell Transaction | 100 | 5.7100 USD |
| Common | Sell Transaction | 272 | 5.7150 USD |
| Common | Sell Transaction | 3 | 5.7200 USD |
| Common | Sell Transaction | 512 | 5.7230 USD |
| Common | Sell Transaction | 950 | 5.7278 USD |
| Common | Sell Transaction | 12,659 | 5.7278 USD |
| Common | Sell Transaction | 31,646 | 5.7278 USD |
| Common | Sell Transaction | 4,745 | 5.7279 USD |
| Common | Sell Transaction | 3,610 | 5.7293 USD |
| Common | Sell Transaction | 153 | 5.7300 USD |
| Common | Sell Transaction | 690 | 5.7323 USD |
| Common | Sell Transaction | 106 | 5.7398 USD |
| Common | Sell Transaction | 59 | 5.7398 USD |
| Common | Sell Transaction | 200 | 5.7400 USD |
| Common | Sell Transaction | 63 | 5.7405 USD |
| Common | Sell Transaction | 288 | 5.7435 USD |
| Common | Sell Transaction | 1,204 | 5.7471 USD |
| Common | Sell Transaction | 187 | 5.7482 USD |
| Common | Sell Transaction | 12 | 5.7483 USD |
| Common | Sell Transaction | 88 | 5.7491 USD |
| Common | Sell Transaction | 769 | 5.7495 USD |
| Common | Sell Transaction | 1 | 5.7500 USD |
| Common | Sell Transaction | 1,545 | 5.7521 USD |
| Common | Sell Transaction | 1,183 | 5.7523 USD |
| Common | Sell Transaction | 2,530 | 5.7549 USD |
| Common | Sell Transaction | 234 | 5.7559 USD |
| Common | Sell Transaction | 579 | 5.7577 USD |
| Common | Sell Transaction | 3,381 | 5.7583 USD |
| Common | Sell Transaction | 2,531 | 5.7600 USD |
| Common | Sell Transaction | 3,122 | 5.7629 USD |
| Common | Sell Transaction | 10 | 5.7650 USD |
| Common | Sell Transaction | 248 | 5.7657 USD |
| Common | Sell Transaction | 449 | 5.7660 USD |
| Common | Sell Transaction | 3,743 | 5.7671 USD |
| Common | Sell Transaction | 1,484 | 5.7688 USD |
| Common | Sell Transaction | 10 | 5.7690 USD |
| Common | Sell Transaction | 817 | 5.7695 USD |
| Common | Sell Transaction | 69 | 5.7700 USD |
| Common | Sell Transaction | 714 | 5.7707 USD |
| Common | Sell Transaction | 600 | 5.7717 USD |
| Common | Sell Transaction | 604 | 5.7747 USD |
| Common | Sell Transaction | 981 | 5.7750 USD |
| Common | Sell Transaction | 500 | 5.7750 USD |
| Common | Sell Transaction | 35,445 | 5.7771 USD |
| Common | Sell Transaction | 15,946 | 5.7771 USD |
| Common | Sell Transaction | 88,609 | 5.7771 USD |
| Common | Sell Transaction | 11 | 5.7773 USD |
| Common | Sell Transaction | 640 | 5.7792 USD |
| Common | Sell Transaction | 300 | 5.7800 USD |
| Common | Sell Transaction | 484 | 5.7815 USD |
| Common | Sell Transaction | 71 | 5.7830 USD |
| Common | Sell Transaction | 880 | 5.7836 USD |
| Common | Sell Transaction | 7,885 | 5.7839 USD |
| Common | Sell Transaction | 54 | 5.7857 USD |
| Common | Sell Transaction | 2,100 | 5.7876 USD |
| Common | Sell Transaction | 120 | 5.7892 USD |
| Common | Sell Transaction | 201 | 5.7896 USD |
| Common | Sell Transaction | 2,010 | 5.7900 USD |
| Common | Sell Transaction | 9 | 5.7906 USD |
| Common | Sell Transaction | 6,440 | 5.7928 USD |
| Common | Sell Transaction | 2,400 | 5.7929 USD |
| Common | Sell Transaction | 5,117 | 5.7937 USD |
| Common | Sell Transaction | 399 | 5.7950 USD |
| Common | Sell Transaction | 700 | 5.7957 USD |
| Common | Sell Transaction | 1,904 | 5.7963 USD |
| Common | Sell Transaction | 354 | 5.7965 USD |
| Common | Sell Transaction | 100 | 5.8000 USD |
| Common | Sell Transaction | 3,096 | 5.8006 USD |
| Common | Sell Transaction | 105 | 5.8010 USD |
| Common | Sell Transaction | 1,296 | 5.8014 USD |
| Common | Sell Transaction | 475 | 5.8017 USD |
| Common | Sell Transaction | 15,823 | 5.8018 USD |
| Common | Sell Transaction | 6,330 | 5.8018 USD |
| Common | Sell Transaction | 2,372 | 5.8018 USD |
| Common | Sell Transaction | 600 | 5.8033 USD |
| Common | Sell Transaction | 1,700 | 5.8054 USD |
| Common | Sell Transaction | 1,010 | 5.8100 USD |
| Common | Sell Transaction | 25,917 | 5.8106 USD |
| Common | Sell Transaction | 5,520 | 5.8128 USD |
| Common | Sell Transaction | 528 | 5.8130 USD |
| Common | Sell Transaction | 91 | 5.8145 USD |
| Common | Sell Transaction | 406 | 5.8154 USD |
| Common | Sell Transaction | 10 | 5.8180 USD |
| Common | Sell Transaction | 409 | 5.8182 USD |
| Common | Sell Transaction | 1,088 | 5.8182 USD |
| Common | Sell Transaction | 2,722 | 5.8183 USD |
| Common | Sell Transaction | 81 | 5.8184 USD |
| Common | Sell Transaction | 394 | 5.8199 USD |
| Common | Sell Transaction | 5 | 5.8200 USD |
| Common | Sell Transaction | 24 | 5.8242 USD |
| Common | Sell Transaction | 2,728 | 5.8305 USD |
| Common | Sell Transaction | 3,025 | 5.8312 USD |
| Common | Sell Transaction | 1,812 | 5.8332 USD |
| Common | Sell Transaction | 3,148 | 5.8338 USD |
| Common | Sell Transaction | 2 | 5.8350 USD |
| Common | Sell Transaction | 2,200 | 5.8355 USD |
| Common | Sell Transaction | 240 | 5.8358 USD |
| Common | Sell Transaction | 261 | 5.8382 USD |
| Common | Sell Transaction | 2,774 | 5.8400 USD |
| Common | Sell Transaction | 180 | 5.8489 USD |
| Common | Sell Transaction | 2,300 | 5.8489 USD |
| Common | Sell Transaction | 49 | 5.8494 USD |
| Common | Sell Transaction | 1,626 | 5.8499 USD |
| Common | Sell Transaction | 7 | 5.8586 USD |
| Common | Sell Transaction | 15,900 | 5.8597 USD |
| Common | Sell Transaction | 212 | 5.8600 USD |
| Common | Sell Transaction | 390 | 5.8602 USD |
| Common | Sell Transaction | 171 | 5.8636 USD |
| Common | Sell Transaction | 440 | 5.8638 USD |
| Common | Sell Transaction | 1,094 | 5.8640 USD |
| Common | Sell Transaction | 34 | 5.8644 USD |
| Common | Sell Transaction | 5,818 | 5.8650 USD |
| Common | Sell Transaction | 33 | 5.8656 USD |
| Common | Sell Transaction | 251 | 5.8656 USD |
| Common | Sell Transaction | 94 | 5.8656 USD |
| Common | Sell Transaction | 636 | 5.8660 USD |
| Common | Sell Transaction | 88 | 5.8664 USD |
| Common | Sell Transaction | 480 | 5.8664 USD |
| Common | Sell Transaction | 186 | 5.8666 USD |
| Common | Sell Transaction | 120 | 5.8667 USD |
| Common | Sell Transaction | 1,201 | 5.8667 USD |
| Common | Sell Transaction | 1,576 | 5.8670 USD |
| Common | Sell Transaction | 3,962 | 5.8670 USD |
| Common | Sell Transaction | 596 | 5.8671 USD |
| Common | Sell Transaction | 3,052 | 5.8676 USD |
| Common | Sell Transaction | 1,226 | 5.8676 USD |
| Common | Sell Transaction | 464 | 5.8676 USD |
| Common | Sell Transaction | 3,080 | 5.8700 USD |
| Common | Sell Transaction | 19 | 5.8724 USD |
| Common | Sell Transaction | 10,510 | 5.8732 USD |
| Common | Sell Transaction | 4,209 | 5.8733 USD |
| Common | Sell Transaction | 1,564 | 5.8734 USD |
| Common | Sell Transaction | 317 | 5.8734 USD |
| Common | Sell Transaction | 48,000 | 5.8800 USD |
| Common | Sell Transaction | 1,043 | 5.8838 USD |
| Common | Sell Transaction | 191 | 5.8893 USD |
| Common | Sell Transaction | 12,154 | 5.8900 USD |
| Common | Sell Transaction | 2,150 | 5.9000 USD |
| Common | Sell Transaction | 15 | 5.9013 USD |
| Common | Sell Transaction | 1,378 | 5.9050 USD |
| Common | Sell Transaction | 473 | 5.9050 USD |
| Common | Sell Transaction | 19 | 5.9195 USD |
| Common | Sell Transaction | 400 | 5.9300 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 | Put Option | Buy Transaction | 1 | 5.0000 USD | American | 2025-Mar-21 | 0.0600 USD |
| Common | Call Option | Buy Transaction | 2 | 6.0000 USD | American | 2025-Mar-21 | 0.1500 USD |
| Common | Call Option | Buy Transaction | 2 | 6.0000 USD | American | 2025-Mar-21 | 0.1900 USD |
| Common | Call Option | Buy Transaction | 1 | 6.0000 USD | American | 2025-Apr-17 | 0.2500 USD |
| Common | Call Option | Buy Transaction | 1 | 6.0000 USD | American | 2025-Apr-17 | 0.3400 USD |
| Common | Call Option | Buy Transaction | 20 | 5.0000 USD | American | 2025-Feb-21 | 0.7100 USD |
| Common | Call Option | Buy Transaction | 1 | 5.0000 USD | American | 2025-Feb-21 | 0.7500 USD |
| Common | Call Option | Sell Transaction | 1 | 6.0000 USD | American | 2025-Feb-21 | 0.0300 USD |
| Common | Call Option | Sell Transaction | 100 | 6.0000 USD | American | 2025-Mar-21 | 0.2000 USD |
| Common | Call Option | Sell Transaction | 1 | 6.0000 USD | American | 2025-Mar-21 | 0.3000 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: | 21 February 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 | -1,200 | 6.0 USD
| American
| 21/02/2025
|
| Common | Put Option | Purchased | -800 | 5.0 USD
| American
| 20/06/2025
|
| Common | Call Option | Purchased | 100 | 6.0 USD
| American
| 20/06/2025
|
| Common | Put Option | Purchased | -5,500 | 5.0 USD
| American
| 21/03/2025
|
| Common | Put Option | Purchased | -100,000 | 7.0 USD
| American
| 20/06/2025
|
| Common | Put Option | Purchased | -3,900 | 4.0 USD
| American
| 17/04/2025
|
| Common | Call Option | Purchased | 700 | 10.0 USD
| American
| 18/07/2025
|
| Common | Call Option | Purchased | 11,000 | 6.0 USD
| American
| 21/02/2025
|
| Common | Call Option | Purchased | 500 | 4.0 USD
| American
| 21/02/2025
|
| Common | Call Option | Purchased | 1,500 | 6.0 USD
| American
| 17/04/2025
|
| Common | Call Option | Purchased | 900 | 5.0 USD
| American
| 16/01/2026
|
| Common | Put Option | Purchased | -7,500 | 5.0 USD
| American
| 21/02/2025
|
| Common | Put Option | Purchased | -200 | 10.0 USD
| American
| 21/02/2025
|
| Common | Put Option | Purchased | -200 | 5.0 USD
| American
| 18/07/2025
|
| Common | Put Option | Purchased | -200 | 8.0 USD
| American
| 21/02/2025
|
| Common | Put Option | Purchased | -800 | 7.0 USD
| American
| 18/07/2025
|
| Common | Call Option | Purchased | 600 | 10.0 USD
| American
| 17/04/2025
|
| Common | Put Option | Purchased | -8,400 | 5.0 USD
| American
| 16/01/2026
|
| Common | Call Option | Purchased | 5,400 | 5.0 USD
| American
| 21/02/2025
|
| Common | Put Option | Purchased | -100 | 7.0 USD
| American
| 21/02/2025
|
| Common | Call Option | Purchased | 2,300 | 7.0 USD
| American
| 20/06/2025
|
| Common | Put Option | Purchased | -4,000 | 3.0 USD
| American
| 16/01/2026
|
| Common | Call Option | Purchased | 300 | 8.0 USD
| American
| 20/06/2025
|
| Common | Call Option | Purchased | 1,000 | 5.0 USD
| American
| 21/03/2025
|
| Common | Put Option | Purchased | -5,400 | 4.0 USD
| American
| 18/07/2025
|
| Common | Call Option | Purchased | 100 | 4.0 USD
| American
| 21/03/2025
|
| Common | Put Option | Purchased | -4,000 | 4.0 USD
| American
| 20/06/2025
|
| Common | Call Option | Purchased | 246,200 | 6.0 USD
| American
| 18/07/2025
|
| Common | Call Option | Purchased | 2,500 | 10.0 USD
| American
| 16/01/2026
|
| Common | Put Option | Purchased | -104,200 | 6.0 USD
| American
| 20/06/2025
|
| Common | Call Option | Sold | -100 | 15.0 USD
| American
| 16/01/2026
|
| Common | Put Option | Sold | 900 | 6.0 USD
| American
| 18/07/2025
|
| Common | Call Option | Sold | -116,600 | 7.0 USD
| American
| 16/01/2026
|
| Common | Call Option | Sold | -200 | 7.0 USD
| American
| 18/07/2025
|
| Common | Put Option | Sold | 1,000 | 4.0 USD
| American
| 21/02/2025
|
| Common | Call Option | Sold | -400 | 4.0 USD
| American
| 20/06/2025
|
| Common | Call Option | Sold | -14,600 | 6.0 USD
| American
| 21/03/2025
|
| 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 | -500 | 10.0 USD
| American
| 17/07/2026
|
| Common | Call Option | Sold | -500 | 3.0 USD
| American
| 17/07/2026
|
| Common | Call Option | Sold | -2,000 | 7.0 USD
| American
| 21/02/2025
|
| Common | Call Option | Sold | -1,600 | 5.0 USD
| American
| 20/06/2025
|
| Common | Call Option | Sold | -6,700 | 7.0 USD
| American
| 21/03/2025
|
| Common | Call Option | Sold | -2,500 | 4.0 USD
| American
| 17/07/2026
|
| 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 | Put Option | Sold | 100 | 6.0 USD
| American
| 21/03/2025
|
| Common | Call Option | Sold | -8,600 | 8.0 USD
| American
| 17/04/2025
|
| Common | Call Option | Sold | -800 | 12.0 USD
| American
| 16/01/2026
|
| Common | Call Option | Sold | -1,000 | 3.0 USD
| American
| 16/01/2026
|
| Common | Call Option | Sold | -14,700 | 7.0 USD
| American
| 17/04/2025
|
| Common | Call Option | Sold | -2,700 | 4.0 USD
| American
| 17/04/2025
|
| Common | Call Option | Sold | -1,900 | 9.0 USD
| American
| 17/04/2025
|
| Common | Put Option | Sold | 100 | 4.0 USD
| American
| 21/03/2025
|
| Common | Put Option | Sold | 75,400 | 7.0 USD
| American
| 16/01/2026
|
| Common | Call Option | Sold | -13,900 | 5.0 USD
| American
| 17/04/2025
|
| Common | Put Option | Sold | 200 | 7.0 USD
| American
| 17/04/2025
|
| Common | Call Option | Sold | -100,700 | 5.0 USD
| American
| 18/07/2025
|
| Common | Put Option | Sold | 9,200 | 5.0 USD
| American
| 17/04/2025
|
| Common | Call Option | Sold | -500 | 4.0 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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