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
|
10 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:
|
991,266
|
0.84
|
1,220,766
|
1.03
|
|
(2)
Cash-settled derivatives:
|
0
|
0.00
|
0
|
0.00
|
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
393,000
|
0.33
|
542,200
|
0.46
|
|
TOTAL:
|
1,384,266
|
1.17
|
1,762,966
|
1.49
|
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
|
82,169
|
4.9000
USD
|
|
Common
|
Buy
Transaction
|
399
|
4.9025
USD
|
|
Common
|
Buy
Transaction
|
500
|
4.9040
USD
|
|
Common
|
Buy
Transaction
|
12
|
4.9075
USD
|
|
Common
|
Buy
Transaction
|
123
|
4.9100
USD
|
|
Common
|
Buy
Transaction
|
1,874
|
4.9101
USD
|
|
Common
|
Buy
Transaction
|
177
|
4.9118
USD
|
|
Common
|
Buy
Transaction
|
2,002
|
4.9200
USD
|
|
Common
|
Buy
Transaction
|
4,862
|
4.9200
USD
|
|
Common
|
Buy
Transaction
|
1,900
|
4.9205
USD
|
|
Common
|
Buy
Transaction
|
2,449
|
4.9237
USD
|
|
Common
|
Buy
Transaction
|
800
|
4.9250
USD
|
|
Common
|
Buy
Transaction
|
2,455
|
4.9316
USD
|
|
Common
|
Buy
Transaction
|
310
|
4.9325
USD
|
|
Common
|
Buy
Transaction
|
2,700
|
4.9380
USD
|
|
Common
|
Buy
Transaction
|
1,442
|
4.9393
USD
|
|
Common
|
Buy
Transaction
|
4,577
|
4.9400
USD
|
|
Common
|
Buy
Transaction
|
286
|
4.9407
USD
|
|
Common
|
Buy
Transaction
|
21
|
4.9433
USD
|
|
Common
|
Buy
Transaction
|
4,805
|
4.9441
USD
|
|
Common
|
Buy
Transaction
|
923
|
4.9452
USD
|
|
Common
|
Buy
Transaction
|
1,423
|
4.9472
USD
|
|
Common
|
Buy
Transaction
|
25
|
4.9480
USD
|
|
Common
|
Buy
Transaction
|
482
|
4.9532
USD
|
|
Common
|
Buy
Transaction
|
16
|
4.9554
USD
|
|
Common
|
Buy
Transaction
|
1,080
|
4.9556
USD
|
|
Common
|
Buy
Transaction
|
3,780
|
4.9558
USD
|
|
Common
|
Buy
Transaction
|
18,850
|
4.9609
USD
|
|
Common
|
Buy
Transaction
|
186
|
4.9637
USD
|
|
Common
|
Buy
Transaction
|
519
|
4.9662
USD
|
|
Common
|
Buy
Transaction
|
134
|
4.9670
USD
|
|
Common
|
Buy
Transaction
|
361
|
4.9691
USD
|
|
Common
|
Buy
Transaction
|
22
|
4.9691
USD
|
|
Common
|
Buy
Transaction
|
5
|
4.9700
USD
|
|
Common
|
Buy
Transaction
|
134
|
4.9710
USD
|
|
Common
|
Buy
Transaction
|
220
|
4.9711
USD
|
|
Common
|
Buy
Transaction
|
655
|
4.9726
USD
|
|
Common
|
Buy
Transaction
|
16,580
|
4.9737
USD
|
|
Common
|
Buy
Transaction
|
1,976
|
4.9748
USD
|
|
Common
|
Buy
Transaction
|
300
|
4.9767
USD
|
|
Common
|
Buy
Transaction
|
31
|
4.9795
USD
|
|
Common
|
Buy
Transaction
|
1,142
|
4.9800
USD
|
|
Common
|
Buy
Transaction
|
101
|
4.9802
USD
|
|
Common
|
Buy
Transaction
|
1,860
|
4.9808
USD
|
|
Common
|
Buy
Transaction
|
145
|
4.9858
USD
|
|
Common
|
Buy
Transaction
|
316
|
4.9863
USD
|
|
Common
|
Buy
Transaction
|
5,294
|
4.9872
USD
|
|
Common
|
Buy
Transaction
|
2,369
|
4.9888
USD
|
|
Common
|
Buy
Transaction
|
700
|
4.9900
USD
|
|
Common
|
Buy
Transaction
|
72
|
4.9906
USD
|
|
Common
|
Buy
Transaction
|
8,792
|
4.9906
USD
|
|
Common
|
Buy
Transaction
|
259
|
4.9906
USD
|
|
Common
|
Buy
Transaction
|
244
|
4.9908
USD
|
|
Common
|
Buy
Transaction
|
119
|
4.9910
USD
|
|
Common
|
Buy
Transaction
|
281
|
4.9917
USD
|
|
Common
|
Buy
Transaction
|
815
|
4.9963
USD
|
|
Common
|
Buy
Transaction
|
9,692
|
4.9966
USD
|
|
Common
|
Buy
Transaction
|
578
|
4.9993
USD
|
|
Common
|
Buy
Transaction
|
1,225
|
5.0000
USD
|
|
Common
|
Buy
Transaction
|
1,023
|
5.0002
USD
|
|
Common
|
Buy
Transaction
|
1,285
|
5.0003
USD
|
|
Common
|
Buy
Transaction
|
277
|
5.0009
USD
|
|
Common
|
Buy
Transaction
|
1,949
|
5.0021
USD
|
|
Common
|
Buy
Transaction
|
1,854
|
5.0021
USD
|
|
Common
|
Buy
Transaction
|
9
|
5.0028
USD
|
|
Common
|
Buy
Transaction
|
483
|
5.0035
USD
|
|
Common
|
Buy
Transaction
|
610
|
5.0039
USD
|
|
Common
|
Buy
Transaction
|
335
|
5.0042
USD
|
|
Common
|
Buy
Transaction
|
2,196
|
5.0051
USD
|
|
Common
|
Buy
Transaction
|
678
|
5.0053
USD
|
|
Common
|
Buy
Transaction
|
2,151
|
5.0100
USD
|
|
Common
|
Buy
Transaction
|
34
|
5.0138
USD
|
|
Common
|
Buy
Transaction
|
364
|
5.0142
USD
|
|
Common
|
Buy
Transaction
|
10
|
5.0145
USD
|
|
Common
|
Buy
Transaction
|
200
|
5.0150
USD
|
|
Common
|
Buy
Transaction
|
323
|
5.0151
USD
|
|
Common
|
Buy
Transaction
|
333
|
5.0151
USD
|
|
Common
|
Buy
Transaction
|
3,259
|
5.0157
USD
|
|
Common
|
Buy
Transaction
|
215
|
5.0167
USD
|
|
Common
|
Buy
Transaction
|
198
|
5.0172
USD
|
|
Common
|
Buy
Transaction
|
3,284
|
5.0200
USD
|
|
Common
|
Buy
Transaction
|
28,072
|
5.0201
USD
|
|
Common
|
Buy
Transaction
|
1,602
|
5.0225
USD
|
|
Common
|
Buy
Transaction
|
524
|
5.0232
USD
|
|
Common
|
Buy
Transaction
|
200
|
5.0239
USD
|
|
Common
|
Buy
Transaction
|
100
|
5.0250
USD
|
|
Common
|
Buy
Transaction
|
5,389
|
5.0284
USD
|
|
Common
|
Buy
Transaction
|
2,622
|
5.0292
USD
|
|
Common
|
Buy
Transaction
|
2,213
|
5.0300
USD
|
|
Common
|
Buy
Transaction
|
108
|
5.0307
USD
|
|
Common
|
Buy
Transaction
|
416
|
5.0324
USD
|
|
Common
|
Buy
Transaction
|
4,486
|
5.0327
USD
|
|
Common
|
Buy
Transaction
|
341
|
5.0337
USD
|
|
Common
|
Buy
Transaction
|
700
|
5.0343
USD
|
|
Common
|
Buy
Transaction
|
300
|
5.0350
USD
|
|
Common
|
Buy
Transaction
|
2,626
|
5.0356
USD
|
|
Common
|
Buy
Transaction
|
1,038
|
5.0360
USD
|
|
Common
|
Buy
Transaction
|
42
|
5.0376
USD
|
|
Common
|
Buy
Transaction
|
3,448
|
5.0388
USD
|
|
Common
|
Buy
Transaction
|
300
|
5.0390
USD
|
|
Common
|
Buy
Transaction
|
102
|
5.0390
USD
|
|
Common
|
Buy
Transaction
|
131
|
5.0394
USD
|
|
Common
|
Buy
Transaction
|
2,131
|
5.0398
USD
|
|
Common
|
Buy
Transaction
|
6,289
|
5.0400
USD
|
|
Common
|
Buy
Transaction
|
1
|
5.0454
USD
|
|
Common
|
Buy
Transaction
|
31
|
5.0500
USD
|
|
Common
|
DVP
Transaction
|
46,964
|
4.9000
USD
|
|
Common
|
DVP
Transaction
|
503
|
4.9001
USD
|
|
Common
|
DVP
Transaction
|
1,204
|
4.9378
USD
|
|
Common
|
DVP
Transaction
|
148
|
4.9665
USD
|
|
Common
|
DVP
Transaction
|
106
|
4.9717
USD
|
|
Common
|
DVP
Transaction
|
11
|
5.0000
USD
|
|
Common
|
DVP
Transaction
|
2
|
5.0300
USD
|
|
Common
|
DVP
Transaction
|
1
|
5.0700
USD
|
|
Common
|
DVP
Transaction
|
160
|
5.0781
USD
|
|
Common
|
DVP
Transaction
|
275
|
5.0800
USD
|
|
Common
|
RVP
Transaction
|
47,058
|
4.9000
USD
|
|
Common
|
RVP
Transaction
|
6
|
4.9050
USD
|
|
Common
|
RVP
Transaction
|
83
|
4.9051
USD
|
|
Common
|
RVP
Transaction
|
49
|
4.9100
USD
|
|
Common
|
RVP
Transaction
|
388
|
4.9276
USD
|
|
Common
|
RVP
Transaction
|
30
|
4.9290
USD
|
|
Common
|
RVP
Transaction
|
671
|
4.9441
USD
|
|
Common
|
RVP
Transaction
|
217
|
4.9480
USD
|
|
Common
|
RVP
Transaction
|
182
|
4.9498
USD
|
|
Common
|
RVP
Transaction
|
30
|
4.9550
USD
|
|
Common
|
RVP
Transaction
|
106
|
4.9717
USD
|
|
Common
|
RVP
Transaction
|
192
|
4.9750
USD
|
|
Common
|
RVP
Transaction
|
18
|
4.9817
USD
|
|
Common
|
RVP
Transaction
|
24
|
4.9825
USD
|
|
Common
|
RVP
Transaction
|
22
|
4.9850
USD
|
|
Common
|
RVP
Transaction
|
12
|
5.0050
USD
|
|
Common
|
RVP
Transaction
|
10
|
5.0080
USD
|
|
Common
|
RVP
Transaction
|
1
|
5.0300
USD
|
|
Common
|
RVP
Transaction
|
275
|
5.0800
USD
|
|
Common
|
Sell
Transaction
|
63,851
|
4.9000
USD
|
|
Common
|
Sell
Transaction
|
800
|
4.9025
USD
|
|
Common
|
Sell
Transaction
|
506
|
4.9040
USD
|
|
Common
|
Sell
Transaction
|
166
|
4.9053
USD
|
|
Common
|
Sell
Transaction
|
33
|
4.9091
USD
|
|
Common
|
Sell
Transaction
|
3,500
|
4.9093
USD
|
|
Common
|
Sell
Transaction
|
19
|
4.9100
USD
|
|
Common
|
Sell
Transaction
|
967
|
4.9135
USD
|
|
Common
|
Sell
Transaction
|
600
|
4.9167
USD
|
|
Common
|
Sell
Transaction
|
2,002
|
4.9200
USD
|
|
Common
|
Sell
Transaction
|
411
|
4.9200
USD
|
|
Common
|
Sell
Transaction
|
1,759
|
4.9206
USD
|
|
Common
|
Sell
Transaction
|
220
|
4.9210
USD
|
|
Common
|
Sell
Transaction
|
1,707
|
4.9267
USD
|
|
Common
|
Sell
Transaction
|
1,547
|
4.9278
USD
|
|
Common
|
Sell
Transaction
|
10
|
4.9280
USD
|
|
Common
|
Sell
Transaction
|
109
|
4.9299
USD
|
|
Common
|
Sell
Transaction
|
3,253
|
4.9307
USD
|
|
Common
|
Sell
Transaction
|
279
|
4.9318
USD
|
|
Common
|
Sell
Transaction
|
1,172
|
4.9322
USD
|
|
Common
|
Sell
Transaction
|
19,756
|
4.9323
USD
|
|
Common
|
Sell
Transaction
|
40
|
4.9325
USD
|
|
Common
|
Sell
Transaction
|
529
|
4.9338
USD
|
|
Common
|
Sell
Transaction
|
1,648
|
4.9391
USD
|
|
Common
|
Sell
Transaction
|
520
|
4.9400
USD
|
|
Common
|
Sell
Transaction
|
7,973
|
4.9415
USD
|
|
Common
|
Sell
Transaction
|
18,294
|
4.9424
USD
|
|
Common
|
Sell
Transaction
|
547
|
4.9431
USD
|
|
Common
|
Sell
Transaction
|
175
|
4.9433
USD
|
|
Common
|
Sell
Transaction
|
11,478
|
4.9435
USD
|
|
Common
|
Sell
Transaction
|
200
|
4.9450
USD
|
|
Common
|
Sell
Transaction
|
448
|
4.9471
USD
|
|
Common
|
Sell
Transaction
|
300
|
4.9500
USD
|
|
Common
|
Sell
Transaction
|
38,181
|
4.9524
USD
|
|
Common
|
Sell
Transaction
|
300
|
4.9533
USD
|
|
Common
|
Sell
Transaction
|
3,079
|
4.9577
USD
|
|
Common
|
Sell
Transaction
|
17
|
4.9607
USD
|
|
Common
|
Sell
Transaction
|
11,830
|
4.9640
USD
|
|
Common
|
Sell
Transaction
|
222
|
4.9650
USD
|
|
Common
|
Sell
Transaction
|
875
|
4.9672
USD
|
|
Common
|
Sell
Transaction
|
782
|
4.9675
USD
|
|
Common
|
Sell
Transaction
|
400
|
4.9675
USD
|
|
Common
|
Sell
Transaction
|
4,038
|
4.9689
USD
|
|
Common
|
Sell
Transaction
|
1,666
|
4.9700
USD
|
|
Common
|
Sell
Transaction
|
2,074
|
4.9711
USD
|
|
Common
|
Sell
Transaction
|
618
|
4.9724
USD
|
|
Common
|
Sell
Transaction
|
264
|
4.9744
USD
|
|
Common
|
Sell
Transaction
|
2,343
|
4.9748
USD
|
|
Common
|
Sell
Transaction
|
486
|
4.9756
USD
|
|
Common
|
Sell
Transaction
|
234
|
4.9763
USD
|
|
Common
|
Sell
Transaction
|
1,500
|
4.9780
USD
|
|
Common
|
Sell
Transaction
|
255
|
4.9800
USD
|
|
Common
|
Sell
Transaction
|
2,610
|
4.9834
USD
|
|
Common
|
Sell
Transaction
|
218
|
4.9837
USD
|
|
Common
|
Sell
Transaction
|
200
|
4.9850
USD
|
|
Common
|
Sell
Transaction
|
5,627
|
4.9860
USD
|
|
Common
|
Sell
Transaction
|
2,558
|
4.9872
USD
|
|
Common
|
Sell
Transaction
|
19
|
4.9876
USD
|
|
Common
|
Sell
Transaction
|
1,043
|
4.9885
USD
|
|
Common
|
Sell
Transaction
|
228
|
4.9900
USD
|
|
Common
|
Sell
Transaction
|
2,303
|
4.9904
USD
|
|
Common
|
Sell
Transaction
|
2,252
|
4.9906
USD
|
|
Common
|
Sell
Transaction
|
1,349
|
4.9921
USD
|
|
Common
|
Sell
Transaction
|
500
|
4.9940
USD
|
|
Common
|
Sell
Transaction
|
6,715
|
4.9963
USD
|
|
Common
|
Sell
Transaction
|
300
|
4.9967
USD
|
|
Common
|
Sell
Transaction
|
253
|
4.9991
USD
|
|
Common
|
Sell
Transaction
|
1,827
|
4.9992
USD
|
|
Common
|
Sell
Transaction
|
151
|
4.9999
USD
|
|
Common
|
Sell
Transaction
|
600
|
5.0000
USD
|
|
Common
|
Sell
Transaction
|
31,500
|
5.0005
USD
|
|
Common
|
Sell
Transaction
|
13,690
|
5.0036
USD
|
|
Common
|
Sell
Transaction
|
1,470
|
5.0050
USD
|
|
Common
|
Sell
Transaction
|
410
|
5.0056
USD
|
|
Common
|
Sell
Transaction
|
571
|
5.0062
USD
|
|
Common
|
Sell
Transaction
|
300
|
5.0067
USD
|
|
Common
|
Sell
Transaction
|
162
|
5.0070
USD
|
|
Common
|
Sell
Transaction
|
1,980
|
5.0079
USD
|
|
Common
|
Sell
Transaction
|
510
|
5.0084
USD
|
|
Common
|
Sell
Transaction
|
1,892
|
5.0100
USD
|
|
Common
|
Sell
Transaction
|
550
|
5.0119
USD
|
|
Common
|
Sell
Transaction
|
272
|
5.0148
USD
|
|
Common
|
Sell
Transaction
|
400
|
5.0175
USD
|
|
Common
|
Sell
Transaction
|
11
|
5.0191
USD
|
|
Common
|
Sell
Transaction
|
1,156
|
5.0193
USD
|
|
Common
|
Sell
Transaction
|
2,000
|
5.0193
USD
|
|
Common
|
Sell
Transaction
|
31
|
5.0194
USD
|
|
Common
|
Sell
Transaction
|
915
|
5.0200
USD
|
|
Common
|
Sell
Transaction
|
412
|
5.0210
USD
|
|
Common
|
Sell
Transaction
|
523
|
5.0247
USD
|
|
Common
|
Sell
Transaction
|
721
|
5.0247
USD
|
|
Common
|
Sell
Transaction
|
600
|
5.0250
USD
|
|
Common
|
Sell
Transaction
|
215
|
5.0265
USD
|
|
Common
|
Sell
Transaction
|
1,300
|
5.0273
USD
|
|
Common
|
Sell
Transaction
|
11
|
5.0291
USD
|
|
Common
|
Sell
Transaction
|
69
|
5.0291
USD
|
|
Common
|
Sell
Transaction
|
50
|
5.0292
USD
|
|
Common
|
Sell
Transaction
|
908
|
5.0300
USD
|
|
Common
|
Sell
Transaction
|
415
|
5.0328
USD
|
|
Common
|
Sell
Transaction
|
3,102
|
5.0329
USD
|
|
Common
|
Sell
Transaction
|
128
|
5.0356
USD
|
|
Common
|
Sell
Transaction
|
12
|
5.0375
USD
|
|
Common
|
Sell
Transaction
|
1,786
|
5.0382
USD
|
|
Common
|
Sell
Transaction
|
7,705
|
5.0400
USD
|
|
Common
|
Sell
Transaction
|
1,336
|
5.0407
USD
|
|
Common
|
Sell
Transaction
|
308
|
5.0418
USD
|
|
Common
|
Sell
Transaction
|
300
|
5.0433
USD
|
|
Common
|
Sell
Transaction
|
220
|
5.0450
USD
|
|
Common
|
Sell
Transaction
|
1,904
|
5.0500
USD
|
|
Common
|
Sell
Transaction
|
74
|
5.0600
USD
|
|
Common
|
Sell
Transaction
|
100
|
5.0800
USD
|
(b) Cash-settled
derivative transactions
|
Class of relevant
security
|
Product
description
e.g. CFD
|
Nature of
dealing
e.g. opening/closing a
long/short position, increasing/reducing a long/short
position
|
Number of reference
securities
|
Price per
unit
|
(c) Stock-settled
derivative transactions (including options)
(i) Writing,
selling, purchasing or varying
|
Class of relevant
security
|
Product
description e.g. call
option
|
Writing, purchasing, selling,
varying etc.
|
Number of securities to which
option relates
|
Exercise price per
unit
|
Type
e.g. American, European
etc.
|
Expiry date
|
Option money paid/ received
per unit
|
|
Common
|
Put Option
|
Buy Transaction
|
2
|
4.0000 USD
|
American
|
2025-Apr-17
|
0.1000 USD
|
|
Common
|
Put Option
|
Buy Transaction
|
1
|
4.0000 USD
|
American
|
2025-Jul-18
|
0.2100 USD
|
|
Common
|
Put Option
|
Sell Transaction
|
1
|
4.0000 USD
|
American
|
2025-Mar-21
|
0.1500 USD
|
|
Common
|
Call Option
|
Sell Transaction
|
44
|
6.0000 USD
|
American
|
2025-Jul-18
|
0.3500 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:
|
11 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
|
Call Option
|
Purchased
|
700
|
10.0 USD
|
American
|
18/07/2025
|
|
Common
|
Put Option
|
Purchased
|
-4,900
|
5.0 USD
|
American
|
21/03/2025
|
|
Common
|
Put Option
|
Purchased
|
-1,100
|
5.0 USD
|
American
|
18/07/2025
|
|
Common
|
Call Option
|
Purchased
|
2,100
|
6.0 USD
|
American
|
21/02/2025
|
|
Common
|
Put Option
|
Purchased
|
-3,900
|
4.0 USD
|
American
|
17/04/2025
|
|
Common
|
Call Option
|
Purchased
|
300
|
8.0 USD
|
American
|
20/06/2025
|
|
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
|
-100
|
7.0 USD
|
American
|
21/02/2025
|
|
Common
|
Call Option
|
Purchased
|
600
|
10.0 USD
|
American
|
17/04/2025
|
|
Common
|
Call Option
|
Purchased
|
900
|
5.0 USD
|
American
|
16/01/2026
|
|
Common
|
Put Option
|
Purchased
|
-104,200
|
6.0 USD
|
American
|
20/06/2025
|
|
Common
|
Put Option
|
Purchased
|
-600
|
6.0 USD
|
American
|
21/02/2025
|
|
Common
|
Call Option
|
Purchased
|
188,900
|
6.0 USD
|
American
|
18/07/2025
|
|
Common
|
Call Option
|
Purchased
|
2,500
|
10.0 USD
|
American
|
16/01/2026
|
|
Common
|
Put Option
|
Purchased
|
-4,000
|
4.0 USD
|
American
|
20/06/2025
|
|
Common
|
Put Option
|
Purchased
|
-4,000
|
3.0 USD
|
American
|
16/01/2026
|
|
Common
|
Call Option
|
Purchased
|
2,500
|
7.0 USD
|
American
|
20/06/2025
|
|
Common
|
Call Option
|
Purchased
|
1,200
|
6.0 USD
|
American
|
17/04/2025
|
|
Common
|
Put Option
|
Purchased
|
-8,400
|
5.0 USD
|
American
|
16/01/2026
|
|
Common
|
Call Option
|
Purchased
|
100
|
6.0 USD
|
American
|
20/06/2025
|
|
Common
|
Put Option
|
Purchased
|
-6,700
|
5.0 USD
|
American
|
21/02/2025
|
|
Common
|
Put Option
|
Purchased
|
-800
|
7.0 USD
|
American
|
18/07/2025
|
|
Common
|
Put Option
|
Purchased
|
-5,400
|
4.0 USD
|
American
|
18/07/2025
|
|
Common
|
Put Option
|
Sold
|
99,900
|
8.0 USD
|
American
|
20/06/2025
|
|
Common
|
Call Option
|
Sold
|
-100
|
5.0 USD
|
American
|
21/03/2025
|
|
Common
|
Call Option
|
Sold
|
-1,000
|
5.0 USD
|
American
|
21/02/2025
|
|
Common
|
Call Option
|
Sold
|
-700
|
10.0 USD
|
American
|
17/07/2026
|
|
Common
|
Call Option
|
Sold
|
-1,500
|
7.0 USD
|
American
|
21/03/2025
|
|
Common
|
Put Option
|
Sold
|
9,200
|
5.0 USD
|
American
|
17/04/2025
|
|
Common
|
Call Option
|
Sold
|
-100,900
|
5.0 USD
|
American
|
18/07/2025
|
|
Common
|
Put Option
|
Sold
|
7,500
|
6.0 USD
|
American
|
17/04/2025
|
|
Common
|
Call Option
|
Sold
|
-3,600
|
6.0 USD
|
American
|
21/03/2025
|
|
Common
|
Call Option
|
Sold
|
-800
|
12.0 USD
|
American
|
16/01/2026
|
|
Common
|
Call Option
|
Sold
|
-1,900
|
9.0 USD
|
American
|
17/04/2025
|
|
Common
|
Call Option
|
Sold
|
-9,100
|
5.0 USD
|
American
|
17/04/2025
|
|
Common
|
Call Option
|
Sold
|
-500
|
4.0 USD
|
American
|
16/01/2026
|
|
Common
|
Call Option
|
Sold
|
-600
|
4.0 USD
|
American
|
21/02/2025
|
|
Common
|
Call Option
|
Sold
|
-14,800
|
7.0 USD
|
American
|
17/04/2025
|
|
Common
|
Put Option
|
Sold
|
200
|
7.0 USD
|
American
|
17/04/2025
|
|
Common
|
Call Option
|
Sold
|
-1,000
|
7.0 USD
|
American
|
21/02/2025
|
|
Common
|
Put Option
|
Sold
|
100
|
4.0 USD
|
American
|
21/03/2025
|
|
Common
|
Call Option
|
Sold
|
-200
|
15.0 USD
|
American
|
16/01/2026
|
|
Common
|
Call Option
|
Sold
|
-1,000
|
3.0 USD
|
American
|
16/01/2026
|
|
Common
|
Call Option
|
Sold
|
-200
|
7.0 USD
|
American
|
18/07/2025
|
|
Common
|
Put Option
|
Sold
|
75,400
|
7.0 USD
|
American
|
16/01/2026
|
|
Common
|
Call Option
|
Sold
|
-1,000
|
5.0 USD
|
American
|
20/06/2025
|
|
Common
|
Put Option
|
Sold
|
900
|
6.0 USD
|
American
|
18/07/2025
|
|
Common
|
Call Option
|
Sold
|
-118,700
|
7.0 USD
|
American
|
16/01/2026
|
|
Common
|
Call Option
|
Sold
|
-8,600
|
8.0 USD
|
American
|
17/04/2025
|
|
Common
|
Call Option
|
Sold
|
-1,700
|
4.0 USD
|
American
|
17/04/2025
|
|
Common
|
Call Option
|
Sold
|
-29,400
|
8.0 USD
|
American
|
18/07/2025
|
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.
