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
|
7 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:
|
1,303,377
|
1.10
|
189,446
|
0.16
|
|
(2)
Cash-settled derivatives:
|
0
|
0.00
|
0
|
0.00
|
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
1,039,200
|
0.88
|
602,900
|
0.51
|
|
TOTAL:
|
2,342,577
|
1.99
|
792,346
|
0.67
|
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
|
272
|
4.5700
USD
|
|
Common
|
Buy
Transaction
|
1,626
|
4.6001
USD
|
|
Common
|
Buy
Transaction
|
187
|
4.6007
USD
|
|
Common
|
Buy
Transaction
|
1,199
|
4.6035
USD
|
|
Common
|
Buy
Transaction
|
200
|
4.6050
USD
|
|
Common
|
Buy
Transaction
|
6,904
|
4.6100
USD
|
|
Common
|
Buy
Transaction
|
1,110
|
4.6186
USD
|
|
Common
|
Buy
Transaction
|
714
|
4.6198
USD
|
|
Common
|
Buy
Transaction
|
68
|
4.6200
USD
|
|
Common
|
Buy
Transaction
|
5,026
|
4.6202
USD
|
|
Common
|
Buy
Transaction
|
2,190
|
4.6208
USD
|
|
Common
|
Buy
Transaction
|
619
|
4.6254
USD
|
|
Common
|
Buy
Transaction
|
6,700
|
4.6255
USD
|
|
Common
|
Buy
Transaction
|
330
|
4.6276
USD
|
|
Common
|
Buy
Transaction
|
606
|
4.6278
USD
|
|
Common
|
Buy
Transaction
|
200
|
4.6300
USD
|
|
Common
|
Buy
Transaction
|
140
|
4.6318
USD
|
|
Common
|
Buy
Transaction
|
1,100
|
4.6323
USD
|
|
Common
|
Buy
Transaction
|
505
|
4.6365
USD
|
|
Common
|
Buy
Transaction
|
2,640
|
4.6377
USD
|
|
Common
|
Buy
Transaction
|
2,441
|
4.6400
USD
|
|
Common
|
Buy
Transaction
|
1,302
|
4.6414
USD
|
|
Common
|
Buy
Transaction
|
1,422
|
4.6414
USD
|
|
Common
|
Buy
Transaction
|
39
|
4.6431
USD
|
|
Common
|
Buy
Transaction
|
900
|
4.6439
USD
|
|
Common
|
Buy
Transaction
|
300
|
4.6450
USD
|
|
Common
|
Buy
Transaction
|
31
|
4.6455
USD
|
|
Common
|
Buy
Transaction
|
500
|
4.6460
USD
|
|
Common
|
Buy
Transaction
|
881
|
4.6468
USD
|
|
Common
|
Buy
Transaction
|
629
|
4.6479
USD
|
|
Common
|
Buy
Transaction
|
30
|
4.6483
USD
|
|
Common
|
Buy
Transaction
|
123
|
4.6485
USD
|
|
Common
|
Buy
Transaction
|
998
|
4.6490
USD
|
|
Common
|
Buy
Transaction
|
1,520
|
4.6498
USD
|
|
Common
|
Buy
Transaction
|
1,200
|
4.6500
USD
|
|
Common
|
Buy
Transaction
|
501
|
4.6500
USD
|
|
Common
|
Buy
Transaction
|
100
|
4.6530
USD
|
|
Common
|
Buy
Transaction
|
499
|
4.6540
USD
|
|
Common
|
Buy
Transaction
|
50
|
4.6540
USD
|
|
Common
|
Buy
Transaction
|
696
|
4.6541
USD
|
|
Common
|
Buy
Transaction
|
2,006
|
4.6545
USD
|
|
Common
|
Buy
Transaction
|
398
|
4.6550
USD
|
|
Common
|
Buy
Transaction
|
2,174
|
4.6550
USD
|
|
Common
|
Buy
Transaction
|
155
|
4.6552
USD
|
|
Common
|
Buy
Transaction
|
510
|
4.6557
USD
|
|
Common
|
Buy
Transaction
|
500
|
4.6560
USD
|
|
Common
|
Buy
Transaction
|
2,085
|
4.6562
USD
|
|
Common
|
Buy
Transaction
|
797
|
4.6565
USD
|
|
Common
|
Buy
Transaction
|
5,473
|
4.6571
USD
|
|
Common
|
Buy
Transaction
|
360
|
4.6572
USD
|
|
Common
|
Buy
Transaction
|
19
|
4.6576
USD
|
|
Common
|
Buy
Transaction
|
123
|
4.6577
USD
|
|
Common
|
Buy
Transaction
|
2,873
|
4.6577
USD
|
|
Common
|
Buy
Transaction
|
627
|
4.6578
USD
|
|
Common
|
Buy
Transaction
|
271
|
4.6578
USD
|
|
Common
|
Buy
Transaction
|
50
|
4.6578
USD
|
|
Common
|
Buy
Transaction
|
501
|
4.6581
USD
|
|
Common
|
Buy
Transaction
|
20,525
|
4.6587
USD
|
|
Common
|
Buy
Transaction
|
417
|
4.6588
USD
|
|
Common
|
Buy
Transaction
|
19
|
4.6589
USD
|
|
Common
|
Buy
Transaction
|
43
|
4.6593
USD
|
|
Common
|
Buy
Transaction
|
748
|
4.6593
USD
|
|
Common
|
Buy
Transaction
|
225
|
4.6594
USD
|
|
Common
|
Buy
Transaction
|
814
|
4.6594
USD
|
|
Common
|
Buy
Transaction
|
519
|
4.6594
USD
|
|
Common
|
Buy
Transaction
|
222
|
4.6595
USD
|
|
Common
|
Buy
Transaction
|
92
|
4.6598
USD
|
|
Common
|
Buy
Transaction
|
2,593
|
4.6600
USD
|
|
Common
|
Buy
Transaction
|
900
|
4.6601
USD
|
|
Common
|
Buy
Transaction
|
29
|
4.6603
USD
|
|
Common
|
Buy
Transaction
|
2,366
|
4.6604
USD
|
|
Common
|
Buy
Transaction
|
3,818
|
4.6606
USD
|
|
Common
|
Buy
Transaction
|
42
|
4.6610
USD
|
|
Common
|
Buy
Transaction
|
659
|
4.6610
USD
|
|
Common
|
Buy
Transaction
|
2,022
|
4.6611
USD
|
|
Common
|
Buy
Transaction
|
1,794
|
4.6611
USD
|
|
Common
|
Buy
Transaction
|
108
|
4.6612
USD
|
|
Common
|
Buy
Transaction
|
231
|
4.6613
USD
|
|
Common
|
Buy
Transaction
|
3,419
|
4.6613
USD
|
|
Common
|
Buy
Transaction
|
19
|
4.6616
USD
|
|
Common
|
Buy
Transaction
|
3,520
|
4.6619
USD
|
|
Common
|
Buy
Transaction
|
1,422
|
4.6620
USD
|
|
Common
|
Buy
Transaction
|
327
|
4.6622
USD
|
|
Common
|
Buy
Transaction
|
3,084
|
4.6623
USD
|
|
Common
|
Buy
Transaction
|
258
|
4.6625
USD
|
|
Common
|
Buy
Transaction
|
500
|
4.6632
USD
|
|
Common
|
Buy
Transaction
|
110
|
4.6636
USD
|
|
Common
|
Buy
Transaction
|
74
|
4.6641
USD
|
|
Common
|
Buy
Transaction
|
2,451
|
4.6647
USD
|
|
Common
|
Buy
Transaction
|
1,021
|
4.6650
USD
|
|
Common
|
Buy
Transaction
|
59
|
4.6652
USD
|
|
Common
|
Buy
Transaction
|
27
|
4.6654
USD
|
|
Common
|
Buy
Transaction
|
39
|
4.6654
USD
|
|
Common
|
Buy
Transaction
|
616
|
4.6655
USD
|
|
Common
|
Buy
Transaction
|
57
|
4.6660
USD
|
|
Common
|
Buy
Transaction
|
1,633
|
4.6663
USD
|
|
Common
|
Buy
Transaction
|
3,579
|
4.6670
USD
|
|
Common
|
Buy
Transaction
|
819
|
4.6690
USD
|
|
Common
|
Buy
Transaction
|
2,000
|
4.6690
USD
|
|
Common
|
Buy
Transaction
|
600
|
4.6692
USD
|
|
Common
|
Buy
Transaction
|
41,070
|
4.6700
USD
|
|
Common
|
Buy
Transaction
|
220
|
4.6705
USD
|
|
Common
|
Buy
Transaction
|
126
|
4.6712
USD
|
|
Common
|
Buy
Transaction
|
3
|
4.6717
USD
|
|
Common
|
Buy
Transaction
|
36,047
|
4.6717
USD
|
|
Common
|
Buy
Transaction
|
1,899
|
4.6726
USD
|
|
Common
|
Buy
Transaction
|
300
|
4.6733
USD
|
|
Common
|
Buy
Transaction
|
159
|
4.6737
USD
|
|
Common
|
Buy
Transaction
|
28
|
4.6739
USD
|
|
Common
|
Buy
Transaction
|
64
|
4.6741
USD
|
|
Common
|
Buy
Transaction
|
1,380
|
4.6743
USD
|
|
Common
|
Buy
Transaction
|
2,533
|
4.6744
USD
|
|
Common
|
Buy
Transaction
|
125
|
4.6746
USD
|
|
Common
|
Buy
Transaction
|
5,785
|
4.6749
USD
|
|
Common
|
Buy
Transaction
|
425
|
4.6750
USD
|
|
Common
|
Buy
Transaction
|
800
|
4.6762
USD
|
|
Common
|
Buy
Transaction
|
1,015
|
4.6763
USD
|
|
Common
|
Buy
Transaction
|
1,177
|
4.6764
USD
|
|
Common
|
Buy
Transaction
|
2,221
|
4.6771
USD
|
|
Common
|
Buy
Transaction
|
1,129
|
4.6774
USD
|
|
Common
|
Buy
Transaction
|
82
|
4.6776
USD
|
|
Common
|
Buy
Transaction
|
2,286
|
4.6780
USD
|
|
Common
|
Buy
Transaction
|
700
|
4.6786
USD
|
|
Common
|
Buy
Transaction
|
1,000
|
4.6790
USD
|
|
Common
|
Buy
Transaction
|
639
|
4.6800
USD
|
|
Common
|
Buy
Transaction
|
304
|
4.6803
USD
|
|
Common
|
Buy
Transaction
|
1,100
|
4.6809
USD
|
|
Common
|
Buy
Transaction
|
30
|
4.6817
USD
|
|
Common
|
Buy
Transaction
|
248
|
4.6821
USD
|
|
Common
|
Buy
Transaction
|
798
|
4.6822
USD
|
|
Common
|
Buy
Transaction
|
1,000
|
4.6840
USD
|
|
Common
|
Buy
Transaction
|
1,237
|
4.6844
USD
|
|
Common
|
Buy
Transaction
|
1,444
|
4.6847
USD
|
|
Common
|
Buy
Transaction
|
6,532
|
4.6875
USD
|
|
Common
|
Buy
Transaction
|
400
|
4.6890
USD
|
|
Common
|
Buy
Transaction
|
773
|
4.6900
USD
|
|
Common
|
Buy
Transaction
|
1,646
|
4.6905
USD
|
|
Common
|
Buy
Transaction
|
1,424
|
4.6935
USD
|
|
Common
|
Buy
Transaction
|
40
|
4.6937
USD
|
|
Common
|
Buy
Transaction
|
815
|
4.6942
USD
|
|
Common
|
Buy
Transaction
|
106
|
4.6989
USD
|
|
Common
|
Buy
Transaction
|
110
|
4.6995
USD
|
|
Common
|
Buy
Transaction
|
132
|
4.7000
USD
|
|
Common
|
Buy
Transaction
|
340
|
4.7012
USD
|
|
Common
|
Buy
Transaction
|
463
|
4.7100
USD
|
|
Common
|
Buy
Transaction
|
4,522
|
4.7114
USD
|
|
Common
|
DVP
Transaction
|
2
|
4.6050
USD
|
|
Common
|
DVP
Transaction
|
672
|
4.6599
USD
|
|
Common
|
DVP
Transaction
|
361
|
4.6612
USD
|
|
Common
|
DVP
Transaction
|
29,339
|
4.6700
USD
|
|
Common
|
RVP
Transaction
|
59
|
4.6300
USD
|
|
Common
|
RVP
Transaction
|
48
|
4.6479
USD
|
|
Common
|
RVP
Transaction
|
8
|
4.6487
USD
|
|
Common
|
RVP
Transaction
|
20
|
4.6500
USD
|
|
Common
|
RVP
Transaction
|
32
|
4.6562
USD
|
|
Common
|
RVP
Transaction
|
56
|
4.6566
USD
|
|
Common
|
RVP
Transaction
|
32
|
4.6594
USD
|
|
Common
|
RVP
Transaction
|
247
|
4.6600
USD
|
|
Common
|
RVP
Transaction
|
136
|
4.6625
USD
|
|
Common
|
RVP
Transaction
|
26
|
4.6627
USD
|
|
Common
|
RVP
Transaction
|
114
|
4.6638
USD
|
|
Common
|
RVP
Transaction
|
12
|
4.6650
USD
|
|
Common
|
RVP
Transaction
|
30
|
4.6663
USD
|
|
Common
|
RVP
Transaction
|
102
|
4.6670
USD
|
|
Common
|
RVP
Transaction
|
29,339
|
4.6700
USD
|
|
Common
|
RVP
Transaction
|
31
|
4.6710
USD
|
|
Common
|
RVP
Transaction
|
42
|
4.6714
USD
|
|
Common
|
RVP
Transaction
|
28
|
4.6743
USD
|
|
Common
|
RVP
Transaction
|
7
|
4.6757
USD
|
|
Common
|
RVP
Transaction
|
5
|
4.6800
USD
|
|
Common
|
Sell
Transaction
|
221
|
4.5900
USD
|
|
Common
|
Sell
Transaction
|
207
|
4.5995
USD
|
|
Common
|
Sell
Transaction
|
3,413
|
4.6100
USD
|
|
Common
|
Sell
Transaction
|
1,378
|
4.6102
USD
|
|
Common
|
Sell
Transaction
|
794
|
4.6118
USD
|
|
Common
|
Sell
Transaction
|
172
|
4.6150
USD
|
|
Common
|
Sell
Transaction
|
40
|
4.6200
USD
|
|
Common
|
Sell
Transaction
|
337
|
4.6203
USD
|
|
Common
|
Sell
Transaction
|
417
|
4.6265
USD
|
|
Common
|
Sell
Transaction
|
191
|
4.6272
USD
|
|
Common
|
Sell
Transaction
|
400
|
4.6275
USD
|
|
Common
|
Sell
Transaction
|
8,630
|
4.6300
USD
|
|
Common
|
Sell
Transaction
|
2,431
|
4.6339
USD
|
|
Common
|
Sell
Transaction
|
25,970
|
4.6367
USD
|
|
Common
|
Sell
Transaction
|
1,908
|
4.6369
USD
|
|
Common
|
Sell
Transaction
|
316
|
4.6372
USD
|
|
Common
|
Sell
Transaction
|
12
|
4.6387
USD
|
|
Common
|
Sell
Transaction
|
341
|
4.6395
USD
|
|
Common
|
Sell
Transaction
|
700
|
4.6399
USD
|
|
Common
|
Sell
Transaction
|
1,036
|
4.6400
USD
|
|
Common
|
Sell
Transaction
|
449
|
4.6435
USD
|
|
Common
|
Sell
Transaction
|
2,100
|
4.6500
USD
|
|
Common
|
Sell
Transaction
|
326
|
4.6513
USD
|
|
Common
|
Sell
Transaction
|
86
|
4.6525
USD
|
|
Common
|
Sell
Transaction
|
566
|
4.6534
USD
|
|
Common
|
Sell
Transaction
|
28
|
4.6550
USD
|
|
Common
|
Sell
Transaction
|
27,421
|
4.6557
USD
|
|
Common
|
Sell
Transaction
|
20
|
4.6568
USD
|
|
Common
|
Sell
Transaction
|
15,226
|
4.6573
USD
|
|
Common
|
Sell
Transaction
|
1,908
|
4.6580
USD
|
|
Common
|
Sell
Transaction
|
2,583
|
4.6581
USD
|
|
Common
|
Sell
Transaction
|
1,499
|
4.6582
USD
|
|
Common
|
Sell
Transaction
|
4,257
|
4.6600
USD
|
|
Common
|
Sell
Transaction
|
153
|
4.6614
USD
|
|
Common
|
Sell
Transaction
|
700
|
4.6614
USD
|
|
Common
|
Sell
Transaction
|
334
|
4.6616
USD
|
|
Common
|
Sell
Transaction
|
3,421
|
4.6618
USD
|
|
Common
|
Sell
Transaction
|
234
|
4.6618
USD
|
|
Common
|
Sell
Transaction
|
6,424
|
4.6628
USD
|
|
Common
|
Sell
Transaction
|
232
|
4.6639
USD
|
|
Common
|
Sell
Transaction
|
3,865
|
4.6640
USD
|
|
Common
|
Sell
Transaction
|
33,604
|
4.6641
USD
|
|
Common
|
Sell
Transaction
|
100
|
4.6650
USD
|
|
Common
|
Sell
Transaction
|
409
|
4.6650
USD
|
|
Common
|
Sell
Transaction
|
137
|
4.6679
USD
|
|
Common
|
Sell
Transaction
|
1,765
|
4.6688
USD
|
|
Common
|
Sell
Transaction
|
63
|
4.6689
USD
|
|
Common
|
Sell
Transaction
|
132
|
4.6691
USD
|
|
Common
|
Sell
Transaction
|
50,235
|
4.6700
USD
|
|
Common
|
Sell
Transaction
|
2
|
4.6702
USD
|
|
Common
|
Sell
Transaction
|
1,256
|
4.6706
USD
|
|
Common
|
Sell
Transaction
|
440
|
4.6714
USD
|
|
Common
|
Sell
Transaction
|
61
|
4.6715
USD
|
|
Common
|
Sell
Transaction
|
4,783
|
4.6716
USD
|
|
Common
|
Sell
Transaction
|
3,460
|
4.6717
USD
|
|
Common
|
Sell
Transaction
|
2,779
|
4.6724
USD
|
|
Common
|
Sell
Transaction
|
337
|
4.6729
USD
|
|
Common
|
Sell
Transaction
|
300
|
4.6733
USD
|
|
Common
|
Sell
Transaction
|
510
|
4.6740
USD
|
|
Common
|
Sell
Transaction
|
113
|
4.6742
USD
|
|
Common
|
Sell
Transaction
|
1,025
|
4.6748
USD
|
|
Common
|
Sell
Transaction
|
500
|
4.6750
USD
|
|
Common
|
Sell
Transaction
|
275
|
4.6758
USD
|
|
Common
|
Sell
Transaction
|
1,113
|
4.6761
USD
|
|
Common
|
Sell
Transaction
|
500
|
4.6791
USD
|
|
Common
|
Sell
Transaction
|
400
|
4.6800
USD
|
|
Common
|
Sell
Transaction
|
5,486
|
4.6810
USD
|
|
Common
|
Sell
Transaction
|
455
|
4.6818
USD
|
|
Common
|
Sell
Transaction
|
253
|
4.6835
USD
|
|
Common
|
Sell
Transaction
|
1,016
|
4.6900
USD
|
|
Common
|
Sell
Transaction
|
420
|
4.6910
USD
|
|
Common
|
Sell
Transaction
|
809
|
4.6923
USD
|
|
Common
|
Sell
Transaction
|
7,987
|
4.6938
USD
|
|
Common
|
Sell
Transaction
|
224
|
4.6966
USD
|
|
Common
|
Sell
Transaction
|
400
|
4.7000
USD
|
|
Common
|
Sell
Transaction
|
248
|
4.7038
USD
|
|
Common
|
Sell
Transaction
|
606
|
4.7053
USD
|
|
Common
|
Sell
Transaction
|
156
|
4.7077
USD
|
|
Common
|
Sell
Transaction
|
401
|
4.7091
USD
|
|
Common
|
Sell
Transaction
|
800
|
4.7094
USD
|
|
Common
|
Sell
Transaction
|
114
|
4.7151
USD
|
|
Common
|
Sell
Transaction
|
232
|
4.7173
USD
|
|
Common
|
Sell
Transaction
|
368
|
4.7188
USD
|
|
Common
|
Sell
Transaction
|
1
|
4.7200
USD
|
|
Common
|
Sell
Transaction
|
1,391
|
4.7217
USD
|
|
Common
|
Sell
Transaction
|
190
|
4.7300
USD
|
|
Common
|
Sell
Transaction
|
242
|
4.7314
USD
|
|
Common
|
Sell
Transaction
|
40
|
4.7400
USD
|
|
Common
|
Sell
Transaction
|
131
|
4.7500
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
|
Buy Transaction
|
3,000
|
6.0000 USD
|
American
|
2025-Jul-18
|
0.2000 USD
|
|
Common
|
Put Option
|
Buy Transaction
|
3
|
4.0000 USD
|
American
|
2025-Jun-20
|
0.2200 USD
|
|
Common
|
Put Option
|
Buy Transaction
|
100
|
5.0000 USD
|
American
|
2025-Apr-17
|
0.4500 USD
|
|
Common
|
Put Option
|
Buy Transaction
|
5
|
7.0000 USD
|
American
|
2026-Jan-16
|
2.4100 USD
|
|
Common
|
Call Option
|
Sell Transaction
|
2
|
6.0000 USD
|
American
|
2025-Apr-17
|
0.0500 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:
|
10 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
|
246,200
|
6.0 USD
|
American
|
18/07/2025
|
|
Common
|
Call Option
|
Purchased
|
700
|
4.0 USD
|
American
|
21/03/2025
|
|
Common
|
Put Option
|
Purchased
|
-3,800
|
4.0 USD
|
American
|
17/04/2025
|
|
Common
|
Call Option
|
Purchased
|
2,300
|
7.0 USD
|
American
|
20/06/2025
|
|
Common
|
Put Option
|
Purchased
|
-4,300
|
4.0 USD
|
American
|
20/06/2025
|
|
Common
|
Put Option
|
Purchased
|
-8,400
|
5.0 USD
|
American
|
16/01/2026
|
|
Common
|
Put Option
|
Purchased
|
-4,000
|
3.0 USD
|
American
|
16/01/2026
|
|
Common
|
Put Option
|
Purchased
|
-800
|
5.0 USD
|
American
|
20/06/2025
|
|
Common
|
Put Option
|
Purchased
|
-100,000
|
7.0 USD
|
American
|
20/06/2025
|
|
Common
|
Put Option
|
Purchased
|
-800
|
5.0 USD
|
American
|
17/04/2025
|
|
Common
|
Call Option
|
Purchased
|
600,000
|
6.0 USD
|
American
|
18/07/2025
|
|
Common
|
Put Option
|
Purchased
|
-5,800
|
5.0 USD
|
American
|
21/03/2025
|
|
Common
|
Put Option
|
Purchased
|
-200
|
5.0 USD
|
American
|
18/07/2025
|
|
Common
|
Put Option
|
Purchased
|
-5,400
|
4.0 USD
|
American
|
18/07/2025
|
|
Common
|
Call Option
|
Purchased
|
300
|
8.0 USD
|
American
|
20/06/2025
|
|
Common
|
Put Option
|
Purchased
|
-500
|
5.0 USD
|
American
|
17/10/2025
|
|
Common
|
Call Option
|
Purchased
|
600
|
10.0 USD
|
American
|
17/04/2025
|
|
Common
|
Call Option
|
Purchased
|
700
|
10.0 USD
|
American
|
18/07/2025
|
|
Common
|
Call Option
|
Purchased
|
900
|
5.0 USD
|
American
|
16/01/2026
|
|
Common
|
Put Option
|
Purchased
|
-700
|
7.0 USD
|
American
|
18/07/2025
|
|
Common
|
Put Option
|
Purchased
|
-100
|
8.0 USD
|
American
|
21/03/2025
|
|
Common
|
Put Option
|
Purchased
|
-104,200
|
6.0 USD
|
American
|
20/06/2025
|
|
Common
|
Call Option
|
Purchased
|
2,500
|
10.0 USD
|
American
|
16/01/2026
|
|
Common
|
Call Option
|
Sold
|
-300
|
5.0 USD
|
American
|
21/03/2025
|
|
Common
|
Call Option
|
Sold
|
-31,700
|
5.0 USD
|
American
|
17/07/2026
|
|
Common
|
Call Option
|
Sold
|
-200
|
7.0 USD
|
American
|
18/07/2025
|
|
Common
|
Call Option
|
Sold
|
-1,600
|
5.0 USD
|
American
|
20/06/2025
|
|
Common
|
Call Option
|
Sold
|
-1,900
|
9.0 USD
|
American
|
17/04/2025
|
|
Common
|
Call Option
|
Sold
|
-116,600
|
7.0 USD
|
American
|
16/01/2026
|
|
Common
|
Put Option
|
Sold
|
1,600
|
4.0 USD
|
American
|
21/03/2025
|
|
Common
|
Put Option
|
Sold
|
1,000
|
6.0 USD
|
American
|
18/07/2025
|
|
Common
|
Call Option
|
Sold
|
-500
|
10.0 USD
|
American
|
17/07/2026
|
|
Common
|
Call Option
|
Sold
|
-7,700
|
7.0 USD
|
American
|
21/03/2025
|
|
Common
|
Put Option
|
Sold
|
99,900
|
8.0 USD
|
American
|
20/06/2025
|
|
Common
|
Put Option
|
Sold
|
7,600
|
6.0 USD
|
American
|
17/04/2025
|
|
Common
|
Call Option
|
Sold
|
-3,500
|
4.0 USD
|
American
|
18/07/2025
|
|
Common
|
Call Option
|
Sold
|
-500
|
4.0 USD
|
American
|
16/01/2026
|
|
Common
|
Call Option
|
Sold
|
-500
|
3.0 USD
|
American
|
17/07/2026
|
|
Common
|
Call Option
|
Sold
|
-100
|
15.0 USD
|
American
|
16/01/2026
|
|
Common
|
Call Option
|
Sold
|
-1,000
|
3.0 USD
|
American
|
16/01/2026
|
|
Common
|
Call Option
|
Sold
|
-800
|
12.0 USD
|
American
|
16/01/2026
|
|
Common
|
Call Option
|
Sold
|
-29,400
|
8.0 USD
|
American
|
18/07/2025
|
|
Common
|
Call Option
|
Sold
|
-1,700
|
6.0 USD
|
American
|
17/04/2025
|
|
Common
|
Call Option
|
Sold
|
-12,700
|
7.0 USD
|
American
|
17/04/2025
|
|
Common
|
Call Option
|
Sold
|
-100,800
|
5.0 USD
|
American
|
18/07/2025
|
|
Common
|
Call Option
|
Sold
|
-200
|
6.0 USD
|
American
|
17/10/2025
|
|
Common
|
Put Option
|
Sold
|
74,900
|
7.0 USD
|
American
|
16/01/2026
|
|
Common
|
Call Option
|
Sold
|
-1,200
|
6.0 USD
|
American
|
20/06/2025
|
|
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
|
-13,900
|
5.0 USD
|
American
|
17/04/2025
|
|
Common
|
Call Option
|
Sold
|
-14,000
|
6.0 USD
|
American
|
21/03/2025
|
|
Common
|
Call Option
|
Sold
|
-8,800
|
4.0 USD
|
American
|
20/06/2025
|
|
Common
|
Call Option
|
Sold
|
-2,500
|
4.0 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.
