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
|
3 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:
|
1,196,569
|
1.01
|
1,197,615
|
1.01
|
|
(2)
Cash-settled derivatives:
|
0
|
0.00
|
0
|
0.00
|
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
748,100
|
0.63
|
599,000
|
0.50
|
|
TOTAL:
|
1,944,669
|
1.65
|
1,796,615
|
1.52
|
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
|
61,301
|
4.7500
USD
|
|
Common
|
Buy
Transaction
|
259
|
4.7556
USD
|
|
Common
|
Buy
Transaction
|
284
|
4.7566
USD
|
|
Common
|
Buy
Transaction
|
404
|
4.7573
USD
|
|
Common
|
Buy
Transaction
|
11
|
4.7591
USD
|
|
Common
|
Buy
Transaction
|
517
|
4.7600
USD
|
|
Common
|
Buy
Transaction
|
4,900
|
4.7608
USD
|
|
Common
|
Buy
Transaction
|
114
|
4.7612
USD
|
|
Common
|
Buy
Transaction
|
268
|
4.7615
USD
|
|
Common
|
Buy
Transaction
|
542
|
4.7637
USD
|
|
Common
|
Buy
Transaction
|
684
|
4.7650
USD
|
|
Common
|
Buy
Transaction
|
463
|
4.7657
USD
|
|
Common
|
Buy
Transaction
|
444
|
4.7691
USD
|
|
Common
|
Buy
Transaction
|
211
|
4.7700
USD
|
|
Common
|
Buy
Transaction
|
212
|
4.7701
USD
|
|
Common
|
Buy
Transaction
|
110
|
4.7722
USD
|
|
Common
|
Buy
Transaction
|
84
|
4.7775
USD
|
|
Common
|
Buy
Transaction
|
732
|
4.7810
USD
|
|
Common
|
Buy
Transaction
|
273
|
4.7867
USD
|
|
Common
|
Buy
Transaction
|
1,000
|
4.7900
USD
|
|
Common
|
Buy
Transaction
|
1,195
|
4.7926
USD
|
|
Common
|
Buy
Transaction
|
12
|
4.7975
USD
|
|
Common
|
Buy
Transaction
|
2,350
|
4.7978
USD
|
|
Common
|
Buy
Transaction
|
100
|
4.8000
USD
|
|
Common
|
Buy
Transaction
|
1,213
|
4.8029
USD
|
|
Common
|
Buy
Transaction
|
602
|
4.8073
USD
|
|
Common
|
Buy
Transaction
|
1,000
|
4.8075
USD
|
|
Common
|
Buy
Transaction
|
626
|
4.8076
USD
|
|
Common
|
Buy
Transaction
|
2,004
|
4.8083
USD
|
|
Common
|
Buy
Transaction
|
8,622
|
4.8087
USD
|
|
Common
|
Buy
Transaction
|
1,933
|
4.8090
USD
|
|
Common
|
Buy
Transaction
|
1,189
|
4.8100
USD
|
|
Common
|
Buy
Transaction
|
3,544
|
4.8101
USD
|
|
Common
|
Buy
Transaction
|
42,768
|
4.8105
USD
|
|
Common
|
Buy
Transaction
|
800
|
4.8187
USD
|
|
Common
|
Buy
Transaction
|
7,367
|
4.8209
USD
|
|
Common
|
Buy
Transaction
|
1,829
|
4.8272
USD
|
|
Common
|
Buy
Transaction
|
1,300
|
4.8277
USD
|
|
Common
|
Buy
Transaction
|
325
|
4.8292
USD
|
|
Common
|
Buy
Transaction
|
200
|
4.8300
USD
|
|
Common
|
Buy
Transaction
|
398
|
4.8309
USD
|
|
Common
|
Buy
Transaction
|
497
|
4.8335
USD
|
|
Common
|
Buy
Transaction
|
796
|
4.8345
USD
|
|
Common
|
Buy
Transaction
|
774
|
4.8373
USD
|
|
Common
|
Buy
Transaction
|
132
|
4.8382
USD
|
|
Common
|
Buy
Transaction
|
1,956
|
4.8396
USD
|
|
Common
|
Buy
Transaction
|
600
|
4.8400
USD
|
|
Common
|
Buy
Transaction
|
60
|
4.8450
USD
|
|
Common
|
Buy
Transaction
|
10,360
|
4.8452
USD
|
|
Common
|
Buy
Transaction
|
393
|
4.8477
USD
|
|
Common
|
Buy
Transaction
|
315
|
4.8521
USD
|
|
Common
|
Buy
Transaction
|
252
|
4.8527
USD
|
|
Common
|
Buy
Transaction
|
70
|
4.8536
USD
|
|
Common
|
Buy
Transaction
|
2,977
|
4.8554
USD
|
|
Common
|
Buy
Transaction
|
2,396
|
4.8582
USD
|
|
Common
|
Buy
Transaction
|
354
|
4.8600
USD
|
|
Common
|
Buy
Transaction
|
118
|
4.8603
USD
|
|
Common
|
Buy
Transaction
|
408
|
4.8604
USD
|
|
Common
|
Buy
Transaction
|
3,693
|
4.8625
USD
|
|
Common
|
Buy
Transaction
|
273
|
4.8627
USD
|
|
Common
|
Buy
Transaction
|
876
|
4.8651
USD
|
|
Common
|
Buy
Transaction
|
1,087
|
4.8653
USD
|
|
Common
|
Buy
Transaction
|
3,096
|
4.8690
USD
|
|
Common
|
Buy
Transaction
|
1,223
|
4.8699
USD
|
|
Common
|
Buy
Transaction
|
27
|
4.8700
USD
|
|
Common
|
Buy
Transaction
|
498
|
4.8700
USD
|
|
Common
|
Buy
Transaction
|
868
|
4.8700
USD
|
|
Common
|
Buy
Transaction
|
664
|
4.8704
USD
|
|
Common
|
Buy
Transaction
|
8
|
4.8712
USD
|
|
Common
|
Buy
Transaction
|
3,763
|
4.8718
USD
|
|
Common
|
Buy
Transaction
|
765
|
4.8742
USD
|
|
Common
|
Buy
Transaction
|
1,869
|
4.8761
USD
|
|
Common
|
Buy
Transaction
|
34
|
4.8765
USD
|
|
Common
|
Buy
Transaction
|
500
|
4.8770
USD
|
|
Common
|
Buy
Transaction
|
506
|
4.8778
USD
|
|
Common
|
Buy
Transaction
|
1
|
4.8800
USD
|
|
Common
|
Buy
Transaction
|
908
|
4.8812
USD
|
|
Common
|
Buy
Transaction
|
6,015
|
4.8813
USD
|
|
Common
|
Buy
Transaction
|
2,923
|
4.8875
USD
|
|
Common
|
Buy
Transaction
|
400
|
4.8875
USD
|
|
Common
|
Buy
Transaction
|
5,806
|
4.8904
USD
|
|
Common
|
Buy
Transaction
|
226
|
4.8917
USD
|
|
Common
|
Buy
Transaction
|
2,308
|
4.8950
USD
|
|
Common
|
Buy
Transaction
|
150
|
4.8950
USD
|
|
Common
|
Buy
Transaction
|
206
|
4.8950
USD
|
|
Common
|
Buy
Transaction
|
6,213
|
4.8998
USD
|
|
Common
|
Buy
Transaction
|
867
|
4.9000
USD
|
|
Common
|
Buy
Transaction
|
946
|
4.9011
USD
|
|
Common
|
Buy
Transaction
|
5,110
|
4.9027
USD
|
|
Common
|
Buy
Transaction
|
1,870
|
4.9057
USD
|
|
Common
|
Buy
Transaction
|
400
|
4.9062
USD
|
|
Common
|
Buy
Transaction
|
3,930
|
4.9072
USD
|
|
Common
|
Buy
Transaction
|
1,884
|
4.9078
USD
|
|
Common
|
Buy
Transaction
|
104
|
4.9100
USD
|
|
Common
|
Buy
Transaction
|
463
|
4.9104
USD
|
|
Common
|
Buy
Transaction
|
205
|
4.9109
USD
|
|
Common
|
Buy
Transaction
|
28,901
|
4.9124
USD
|
|
Common
|
Buy
Transaction
|
484
|
4.9134
USD
|
|
Common
|
Buy
Transaction
|
862
|
4.9161
USD
|
|
Common
|
Buy
Transaction
|
1,465
|
4.9164
USD
|
|
Common
|
Buy
Transaction
|
300
|
4.9167
USD
|
|
Common
|
Buy
Transaction
|
735
|
4.9218
USD
|
|
Common
|
Buy
Transaction
|
1,211
|
4.9254
USD
|
|
Common
|
Buy
Transaction
|
889
|
4.9259
USD
|
|
Common
|
Buy
Transaction
|
1,658
|
4.9268
USD
|
|
Common
|
Buy
Transaction
|
37
|
4.9284
USD
|
|
Common
|
Buy
Transaction
|
120
|
4.9300
USD
|
|
Common
|
Buy
Transaction
|
146
|
4.9304
USD
|
|
Common
|
Buy
Transaction
|
1,620
|
4.9307
USD
|
|
Common
|
Buy
Transaction
|
1,330
|
4.9318
USD
|
|
Common
|
Buy
Transaction
|
1,790
|
4.9319
USD
|
|
Common
|
Buy
Transaction
|
345
|
4.9325
USD
|
|
Common
|
Buy
Transaction
|
210
|
4.9329
USD
|
|
Common
|
Buy
Transaction
|
6,109
|
4.9332
USD
|
|
Common
|
Buy
Transaction
|
1,027
|
4.9345
USD
|
|
Common
|
Buy
Transaction
|
1,498
|
4.9354
USD
|
|
Common
|
Buy
Transaction
|
2,663
|
4.9394
USD
|
|
Common
|
Buy
Transaction
|
1,269
|
4.9400
USD
|
|
Common
|
Buy
Transaction
|
1,100
|
4.9418
USD
|
|
Common
|
Buy
Transaction
|
1,368
|
4.9418
USD
|
|
Common
|
Buy
Transaction
|
710
|
4.9427
USD
|
|
Common
|
Buy
Transaction
|
700
|
4.9429
USD
|
|
Common
|
Buy
Transaction
|
2,455
|
4.9457
USD
|
|
Common
|
Buy
Transaction
|
200
|
4.9500
USD
|
|
Common
|
Buy
Transaction
|
342
|
4.9517
USD
|
|
Common
|
Buy
Transaction
|
400
|
4.9590
USD
|
|
Common
|
Buy
Transaction
|
328
|
4.9600
USD
|
|
Common
|
Buy
Transaction
|
1,707
|
4.9616
USD
|
|
Common
|
Buy
Transaction
|
212
|
4.9634
USD
|
|
Common
|
Buy
Transaction
|
158
|
4.9638
USD
|
|
Common
|
Buy
Transaction
|
300
|
4.9700
USD
|
|
Common
|
Buy
Transaction
|
674
|
4.9701
USD
|
|
Common
|
Buy
Transaction
|
1,246
|
4.9738
USD
|
|
Common
|
Buy
Transaction
|
307
|
4.9800
USD
|
|
Common
|
Buy
Transaction
|
80
|
4.9900
USD
|
|
Common
|
Buy
Transaction
|
20
|
4.9950
USD
|
|
Common
|
Buy
Transaction
|
960
|
5.0020
USD
|
|
Common
|
Buy
Transaction
|
240
|
5.0075
USD
|
|
Common
|
Buy
Transaction
|
965
|
5.0100
USD
|
|
Common
|
Buy
Transaction
|
200
|
5.0150
USD
|
|
Common
|
Buy
Transaction
|
100
|
5.0200
USD
|
|
Common
|
Buy
Transaction
|
100
|
5.0400
USD
|
|
Common
|
Buy
Transaction
|
300
|
5.0500
USD
|
|
Common
|
DVP
Transaction
|
27,411
|
4.7500
USD
|
|
Common
|
DVP
Transaction
|
713
|
4.8028
USD
|
|
Common
|
DVP
Transaction
|
48,185
|
4.8099
USD
|
|
Common
|
DVP
Transaction
|
233
|
4.8550
USD
|
|
Common
|
DVP
Transaction
|
129
|
4.8550
USD
|
|
Common
|
DVP
Transaction
|
32
|
4.8850
USD
|
|
Common
|
DVP
Transaction
|
438
|
4.8944
USD
|
|
Common
|
DVP
Transaction
|
1,362
|
4.9024
USD
|
|
Common
|
DVP
Transaction
|
1,226
|
4.9050
USD
|
|
Common
|
DVP
Transaction
|
127
|
4.9050
USD
|
|
Common
|
DVP
Transaction
|
1,209
|
5.0100
USD
|
|
Common
|
DVP
Transaction
|
16
|
5.0200
USD
|
|
Common
|
DVP
Transaction
|
2,496
|
5.0300
USD
|
|
Common
|
DVP
Transaction
|
2
|
5.0500
USD
|
|
Common
|
RVP
Transaction
|
27,342
|
4.7500
USD
|
|
Common
|
RVP
Transaction
|
36
|
4.7550
USD
|
|
Common
|
RVP
Transaction
|
11
|
4.7555
USD
|
|
Common
|
RVP
Transaction
|
603
|
4.7600
USD
|
|
Common
|
RVP
Transaction
|
36
|
4.7650
USD
|
|
Common
|
RVP
Transaction
|
48,175
|
4.8099
USD
|
|
Common
|
RVP
Transaction
|
362
|
4.8550
USD
|
|
Common
|
RVP
Transaction
|
7
|
4.8557
USD
|
|
Common
|
RVP
Transaction
|
64
|
4.8580
USD
|
|
Common
|
RVP
Transaction
|
41
|
4.8659
USD
|
|
Common
|
RVP
Transaction
|
72
|
4.8850
USD
|
|
Common
|
RVP
Transaction
|
36
|
4.8900
USD
|
|
Common
|
RVP
Transaction
|
63
|
4.8943
USD
|
|
Common
|
RVP
Transaction
|
36
|
4.8950
USD
|
|
Common
|
RVP
Transaction
|
809
|
4.9001
USD
|
|
Common
|
RVP
Transaction
|
969
|
4.9047
USD
|
|
Common
|
RVP
Transaction
|
6
|
4.9050
USD
|
|
Common
|
RVP
Transaction
|
186
|
4.9054
USD
|
|
Common
|
RVP
Transaction
|
342
|
4.9101
USD
|
|
Common
|
RVP
Transaction
|
180
|
4.9148
USD
|
|
Common
|
RVP
Transaction
|
36
|
4.9300
USD
|
|
Common
|
RVP
Transaction
|
36
|
4.9428
USD
|
|
Common
|
RVP
Transaction
|
144
|
4.9504
USD
|
|
Common
|
RVP
Transaction
|
72
|
4.9550
USD
|
|
Common
|
RVP
Transaction
|
3,621
|
5.0172
USD
|
|
Common
|
RVP
Transaction
|
16
|
5.0200
USD
|
|
Common
|
RVP
Transaction
|
278
|
5.0300
USD
|
|
Common
|
Sell
Transaction
|
75,362
|
4.7500
USD
|
|
Common
|
Sell
Transaction
|
2
|
4.7550
USD
|
|
Common
|
Sell
Transaction
|
11
|
4.7591
USD
|
|
Common
|
Sell
Transaction
|
39
|
4.7592
USD
|
|
Common
|
Sell
Transaction
|
1,461
|
4.7599
USD
|
|
Common
|
Sell
Transaction
|
448
|
4.7600
USD
|
|
Common
|
Sell
Transaction
|
43
|
4.7644
USD
|
|
Common
|
Sell
Transaction
|
200
|
4.7650
USD
|
|
Common
|
Sell
Transaction
|
744
|
4.7659
USD
|
|
Common
|
Sell
Transaction
|
500
|
4.7660
USD
|
|
Common
|
Sell
Transaction
|
1,118
|
4.7700
USD
|
|
Common
|
Sell
Transaction
|
17
|
4.7759
USD
|
|
Common
|
Sell
Transaction
|
878
|
4.7759
USD
|
|
Common
|
Sell
Transaction
|
11
|
4.7764
USD
|
|
Common
|
Sell
Transaction
|
95
|
4.7792
USD
|
|
Common
|
Sell
Transaction
|
200
|
4.7800
USD
|
|
Common
|
Sell
Transaction
|
3,297
|
4.7874
USD
|
|
Common
|
Sell
Transaction
|
1,400
|
4.7900
USD
|
|
Common
|
Sell
Transaction
|
301
|
4.8000
USD
|
|
Common
|
Sell
Transaction
|
110
|
4.8045
USD
|
|
Common
|
Sell
Transaction
|
443
|
4.8097
USD
|
|
Common
|
Sell
Transaction
|
40,105
|
4.8100
USD
|
|
Common
|
Sell
Transaction
|
62,815
|
4.8100
USD
|
|
Common
|
Sell
Transaction
|
5,872
|
4.8104
USD
|
|
Common
|
Sell
Transaction
|
11,828
|
4.8107
USD
|
|
Common
|
Sell
Transaction
|
243
|
4.8137
USD
|
|
Common
|
Sell
Transaction
|
400
|
4.8150
USD
|
|
Common
|
Sell
Transaction
|
1,078
|
4.8177
USD
|
|
Common
|
Sell
Transaction
|
7,004
|
4.8200
USD
|
|
Common
|
Sell
Transaction
|
104
|
4.8244
USD
|
|
Common
|
Sell
Transaction
|
457
|
4.8291
USD
|
|
Common
|
Sell
Transaction
|
899
|
4.8300
USD
|
|
Common
|
Sell
Transaction
|
10
|
4.8320
USD
|
|
Common
|
Sell
Transaction
|
205
|
4.8322
USD
|
|
Common
|
Sell
Transaction
|
300
|
4.8333
USD
|
|
Common
|
Sell
Transaction
|
895
|
4.8367
USD
|
|
Common
|
Sell
Transaction
|
1,008
|
4.8374
USD
|
|
Common
|
Sell
Transaction
|
6,200
|
4.8400
USD
|
|
Common
|
Sell
Transaction
|
13,135
|
4.8476
USD
|
|
Common
|
Sell
Transaction
|
97
|
4.8481
USD
|
|
Common
|
Sell
Transaction
|
2,874
|
4.8500
USD
|
|
Common
|
Sell
Transaction
|
500
|
4.8520
USD
|
|
Common
|
Sell
Transaction
|
1,155
|
4.8537
USD
|
|
Common
|
Sell
Transaction
|
136
|
4.8550
USD
|
|
Common
|
Sell
Transaction
|
1,831
|
4.8600
USD
|
|
Common
|
Sell
Transaction
|
136
|
4.8649
USD
|
|
Common
|
Sell
Transaction
|
513
|
4.8650
USD
|
|
Common
|
Sell
Transaction
|
342
|
4.8650
USD
|
|
Common
|
Sell
Transaction
|
904
|
4.8655
USD
|
|
Common
|
Sell
Transaction
|
1,700
|
4.8682
USD
|
|
Common
|
Sell
Transaction
|
951
|
4.8700
USD
|
|
Common
|
Sell
Transaction
|
472
|
4.8701
USD
|
|
Common
|
Sell
Transaction
|
1,304
|
4.8706
USD
|
|
Common
|
Sell
Transaction
|
301
|
4.8738
USD
|
|
Common
|
Sell
Transaction
|
718
|
4.8749
USD
|
|
Common
|
Sell
Transaction
|
79
|
4.8752
USD
|
|
Common
|
Sell
Transaction
|
2,475
|
4.8758
USD
|
|
Common
|
Sell
Transaction
|
7,209
|
4.8774
USD
|
|
Common
|
Sell
Transaction
|
3,031
|
4.8800
USD
|
|
Common
|
Sell
Transaction
|
104
|
4.8821
USD
|
|
Common
|
Sell
Transaction
|
135
|
4.8898
USD
|
|
Common
|
Sell
Transaction
|
1,741
|
4.8900
USD
|
|
Common
|
Sell
Transaction
|
4,017
|
4.8904
USD
|
|
Common
|
Sell
Transaction
|
1,808
|
4.8942
USD
|
|
Common
|
Sell
Transaction
|
4,000
|
4.8950
USD
|
|
Common
|
Sell
Transaction
|
349
|
4.8967
USD
|
|
Common
|
Sell
Transaction
|
121
|
4.8980
USD
|
|
Common
|
Sell
Transaction
|
1,008
|
4.8999
USD
|
|
Common
|
Sell
Transaction
|
2,833
|
4.9000
USD
|
|
Common
|
Sell
Transaction
|
1,645
|
4.9020
USD
|
|
Common
|
Sell
Transaction
|
100
|
4.9050
USD
|
|
Common
|
Sell
Transaction
|
316
|
4.9086
USD
|
|
Common
|
Sell
Transaction
|
8
|
4.9088
USD
|
|
Common
|
Sell
Transaction
|
193
|
4.9098
USD
|
|
Common
|
Sell
Transaction
|
100
|
4.9100
USD
|
|
Common
|
Sell
Transaction
|
596
|
4.9102
USD
|
|
Common
|
Sell
Transaction
|
621
|
4.9122
USD
|
|
Common
|
Sell
Transaction
|
300
|
4.9133
USD
|
|
Common
|
Sell
Transaction
|
4,574
|
4.9140
USD
|
|
Common
|
Sell
Transaction
|
334
|
4.9165
USD
|
|
Common
|
Sell
Transaction
|
224
|
4.9184
USD
|
|
Common
|
Sell
Transaction
|
1,925
|
4.9245
USD
|
|
Common
|
Sell
Transaction
|
832
|
4.9263
USD
|
|
Common
|
Sell
Transaction
|
1,421
|
4.9300
USD
|
|
Common
|
Sell
Transaction
|
9,366
|
4.9313
USD
|
|
Common
|
Sell
Transaction
|
9,069
|
4.9340
USD
|
|
Common
|
Sell
Transaction
|
180
|
4.9370
USD
|
|
Common
|
Sell
Transaction
|
173
|
4.9371
USD
|
|
Common
|
Sell
Transaction
|
400
|
4.9375
USD
|
|
Common
|
Sell
Transaction
|
277
|
4.9392
USD
|
|
Common
|
Sell
Transaction
|
300
|
4.9400
USD
|
|
Common
|
Sell
Transaction
|
351
|
4.9405
USD
|
|
Common
|
Sell
Transaction
|
5,612
|
4.9407
USD
|
|
Common
|
Sell
Transaction
|
1,792
|
4.9432
USD
|
|
Common
|
Sell
Transaction
|
184
|
4.9461
USD
|
|
Common
|
Sell
Transaction
|
236
|
4.9471
USD
|
|
Common
|
Sell
Transaction
|
920
|
4.9480
USD
|
|
Common
|
Sell
Transaction
|
4,091
|
4.9482
USD
|
|
Common
|
Sell
Transaction
|
216
|
4.9494
USD
|
|
Common
|
Sell
Transaction
|
100
|
4.9500
USD
|
|
Common
|
Sell
Transaction
|
716
|
4.9554
USD
|
|
Common
|
Sell
Transaction
|
300
|
4.9600
USD
|
|
Common
|
Sell
Transaction
|
27,945
|
4.9651
USD
|
|
Common
|
Sell
Transaction
|
193
|
4.9688
USD
|
|
Common
|
Sell
Transaction
|
1
|
4.9712
USD
|
|
Common
|
Sell
Transaction
|
1,071
|
4.9768
USD
|
|
Common
|
Sell
Transaction
|
500
|
4.9820
USD
|
|
Common
|
Sell
Transaction
|
779
|
4.9850
USD
|
|
Common
|
Sell
Transaction
|
25
|
4.9900
USD
|
|
Common
|
Sell
Transaction
|
456
|
4.9928
USD
|
|
Common
|
Sell
Transaction
|
408
|
4.9974
USD
|
|
Common
|
Sell
Transaction
|
2
|
5.0000
USD
|
|
Common
|
Sell
Transaction
|
0
|
5.0191
USD
|
|
Common
|
Sell
Transaction
|
1,478
|
5.0300
USD
|
|
Common
|
Sell
Transaction
|
10
|
5.0400
USD
|
|
Common
|
Sell
Transaction
|
418
|
5.0538
USD
|
|
Common
|
Sell
Transaction
|
2,001
|
5.0700
USD
|
|
Common
|
Sell
Transaction
|
18
|
5.0794
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
|
Call Option
|
DVP Transaction
|
2
|
4.0000 USD
|
American
|
2025-Jul-18
|
1.1000 USD
|
|
Common
|
Call Option
|
DVP Transaction
|
5
|
4.0000 USD
|
American
|
2025-Jun-20
|
1.2300 USD
|
|
Common
|
Call Option
|
RVP Transaction
|
2
|
4.0000 USD
|
American
|
2025-Jul-18
|
1.1000 USD
|
|
Common
|
Call Option
|
RVP Transaction
|
5
|
4.0000 USD
|
American
|
2025-Jun-20
|
1.2300 USD
|
|
Common
|
Call Option
|
Sell Transaction
|
5
|
4.0000 USD
|
American
|
2025-Apr-17
|
1.0500 USD
|
|
Common
|
Call Option
|
Sell Transaction
|
4
|
4.0000 USD
|
American
|
2025-Jun-20
|
1.0500 USD
|
|
Common
|
Call Option
|
Sell Transaction
|
1
|
4.0000 USD
|
American
|
2025-Jun-20
|
1.1000 USD
|
|
Common
|
Call Option
|
Sell Transaction
|
30
|
4.0000 USD
|
American
|
2025-Jul-18
|
1.1000 USD
|
|
Common
|
Call Option
|
Sell Transaction
|
10
|
4.0000 USD
|
American
|
2025-Jun-20
|
1.1200 USD
|
|
Common
|
Call Option
|
Sell Transaction
|
8
|
4.0000 USD
|
American
|
2025-Jun-20
|
1.1300 USD
|
|
Common
|
Call Option
|
Sell Transaction
|
1
|
4.0000 USD
|
American
|
2025-Jun-20
|
1.1500 USD
|
|
Common
|
Call Option
|
Sell Transaction
|
35
|
4.0000 USD
|
American
|
2025-Jun-20
|
1.1800 USD
|
|
Common
|
Call Option
|
Sell Transaction
|
5
|
4.0000 USD
|
American
|
2025-Jun-20
|
1.2000 USD
|
|
Common
|
Call Option
|
Sell Transaction
|
9
|
4.0000 USD
|
American
|
2025-Jun-20
|
1.2200 USD
|
|
Common
|
Call Option
|
Sell Transaction
|
5
|
4.0000 USD
|
American
|
2025-Jun-20
|
1.2300 USD
|
|
Common
|
Call Option
|
Sell Transaction
|
6
|
4.0000 USD
|
American
|
2025-Jun-20
|
1.2500 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:
|
4 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
|
700
|
10.0 USD
|
American
|
18/07/2025
|
|
Common
|
Call Option
|
Purchased
|
1,500
|
6.0 USD
|
American
|
17/04/2025
|
|
Common
|
Put Option
|
Purchased
|
-100
|
8.0 USD
|
American
|
21/03/2025
|
|
Common
|
Put Option
|
Purchased
|
-100
|
5.0 USD
|
American
|
17/10/2025
|
|
Common
|
Put Option
|
Purchased
|
-200
|
5.0 USD
|
American
|
18/07/2025
|
|
Common
|
Call Option
|
Purchased
|
2,500
|
10.0 USD
|
American
|
16/01/2026
|
|
Common
|
Call Option
|
Purchased
|
100
|
4.0 USD
|
American
|
21/03/2025
|
|
Common
|
Call Option
|
Purchased
|
300
|
8.0 USD
|
American
|
20/06/2025
|
|
Common
|
Call Option
|
Purchased
|
600
|
10.0 USD
|
American
|
17/04/2025
|
|
Common
|
Call Option
|
Purchased
|
2,300
|
7.0 USD
|
American
|
20/06/2025
|
|
Common
|
Put Option
|
Purchased
|
-800
|
5.0 USD
|
American
|
20/06/2025
|
|
Common
|
Put Option
|
Purchased
|
-4,000
|
3.0 USD
|
American
|
16/01/2026
|
|
Common
|
Put Option
|
Purchased
|
-104,200
|
6.0 USD
|
American
|
20/06/2025
|
|
Common
|
Put Option
|
Purchased
|
-3,800
|
4.0 USD
|
American
|
17/04/2025
|
|
Common
|
Put Option
|
Purchased
|
-5,800
|
5.0 USD
|
American
|
21/03/2025
|
|
Common
|
Call Option
|
Purchased
|
300,000
|
6.0 USD
|
American
|
18/07/2025
|
|
Common
|
Put Option
|
Purchased
|
-800
|
7.0 USD
|
American
|
18/07/2025
|
|
Common
|
Call Option
|
Purchased
|
900
|
5.0 USD
|
American
|
16/01/2026
|
|
Common
|
Put Option
|
Purchased
|
-5,400
|
4.0 USD
|
American
|
18/07/2025
|
|
Common
|
Put Option
|
Purchased
|
-4,000
|
4.0 USD
|
American
|
20/06/2025
|
|
Common
|
Put Option
|
Purchased
|
-8,400
|
5.0 USD
|
American
|
16/01/2026
|
|
Common
|
Call Option
|
Purchased
|
246,100
|
6.0 USD
|
American
|
18/07/2025
|
|
Common
|
Put Option
|
Purchased
|
-100,000
|
7.0 USD
|
American
|
20/06/2025
|
|
Common
|
Call Option
|
Sold
|
-500
|
4.0 USD
|
American
|
16/01/2026
|
|
Common
|
Call Option
|
Sold
|
-14,000
|
6.0 USD
|
American
|
21/03/2025
|
|
Common
|
Call Option
|
Sold
|
-29,400
|
8.0 USD
|
American
|
18/07/2025
|
|
Common
|
Call Option
|
Sold
|
-1,600
|
5.0 USD
|
American
|
20/06/2025
|
|
Common
|
Call Option
|
Sold
|
-200
|
7.0 USD
|
American
|
18/07/2025
|
|
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
|
-1,000
|
3.0 USD
|
American
|
16/01/2026
|
|
Common
|
Call Option
|
Sold
|
-1,300
|
6.0 USD
|
American
|
20/06/2025
|
|
Common
|
Call Option
|
Sold
|
-500
|
3.0 USD
|
American
|
17/07/2026
|
|
Common
|
Call Option
|
Sold
|
-100,700
|
5.0 USD
|
American
|
18/07/2025
|
|
Common
|
Put Option
|
Sold
|
100
|
4.0 USD
|
American
|
21/03/2025
|
|
Common
|
Call Option
|
Sold
|
-200
|
5.0 USD
|
American
|
21/03/2025
|
|
Common
|
Call Option
|
Sold
|
-116,600
|
7.0 USD
|
American
|
16/01/2026
|
|
Common
|
Call Option
|
Sold
|
-800
|
12.0 USD
|
American
|
16/01/2026
|
|
Common
|
Put Option
|
Sold
|
900
|
6.0 USD
|
American
|
18/07/2025
|
|
Common
|
Call Option
|
Sold
|
-1,900
|
9.0 USD
|
American
|
17/04/2025
|
|
Common
|
Call Option
|
Sold
|
-8,800
|
4.0 USD
|
American
|
20/06/2025
|
|
Common
|
Call Option
|
Sold
|
-31,700
|
5.0 USD
|
American
|
17/07/2026
|
|
Common
|
Put Option
|
Sold
|
75,400
|
7.0 USD
|
American
|
16/01/2026
|
|
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
|
-12,700
|
7.0 USD
|
American
|
17/04/2025
|
|
Common
|
Call Option
|
Sold
|
-500
|
10.0 USD
|
American
|
17/07/2026
|
|
Common
|
Put Option
|
Sold
|
9,200
|
5.0 USD
|
American
|
17/04/2025
|
|
Common
|
Call Option
|
Sold
|
-2,500
|
4.0 USD
|
American
|
17/07/2026
|
|
Common
|
Call Option
|
Sold
|
-7,700
|
7.0 USD
|
American
|
21/03/2025
|
|
Common
|
Call Option
|
Sold
|
-3,000
|
4.0 USD
|
American
|
18/07/2025
|
|
Common
|
Call Option
|
Sold
|
-13,900
|
5.0 USD
|
American
|
17/04/2025
|
|
Common
|
Call Option
|
Sold
|
-100
|
15.0 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.