REG - Citadel Group Dowlais Group PLC American Axle & Mfg. - Form 8.3 - American Axle & Manufacturing Holdings
04/07/2025 15:00
For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250704:nRSD8551Pa&default-theme=true
RNS Number : 8551P Citadel Group 04 July 2025
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 N/A
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.
(c) Name of offeror/offeree in relation to whose relevant securities this form AMERICAN AXLE MANUFACTURING HOLDINGS INC
relates:
Use a separate form for each offeror/offeree
(d) If an exempt fund manager connected with an offeror/offeree, state this N/A
and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken: 3 July 2025
For an opening position disclosure, state the latest practicable date
prior to the disclosure
(f) In addition to the company in 1(c) above, is the discloser making YES
disclosures in respect of any other party to the offer?
DOWLAIS GROUP PLC
If it is a cash offer or possible cash offer, state "N/A"
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: ISIN US0240611030
Common Stock USD 0.01 common
Interests Short positions
Number % Number %
(1) Relevant securities owned and/or controlled: 2,045,697 1.72 103,598 0.08
(2) Cash-settled derivatives: 575,874 0.48 0 0.00
(3) Stock-settled derivatives (including options) and agreements to 999,900 0.84 1,372,700 1.15
purchase/sell:
3,621,471 3.05 1,476,298 1.24
TOTAL:
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 9 4.3444 USD
Common Buy Transaction 707 4.3600 USD
Common Buy Transaction 1,231 4.3700 USD
Common Buy Transaction 204 4.3737 USD
Common Buy Transaction 404 4.3750 USD
Common Buy Transaction 2 4.3760 USD
Common Buy Transaction 1,635 4.3791 USD
Common Buy Transaction 2,458 4.3798 USD
Common Buy Transaction 25,648 4.3800 USD
Common Buy Transaction 700 4.3801 USD
Common Buy Transaction 1,526 4.3807 USD
Common Buy Transaction 1,212 4.3808 USD
Common Buy Transaction 300 4.3810 USD
Common Buy Transaction 600 4.3817 USD
Common Buy Transaction 500 4.3820 USD
Common Buy Transaction 3,863 4.3821 USD
Common Buy Transaction 1,600 4.3822 USD
Common Buy Transaction 906 4.3834 USD
Common Buy Transaction 2,267 4.3835 USD
Common Buy Transaction 2,648 4.3838 USD
Common Buy Transaction 1,954 4.3843 USD
Common Buy Transaction 500 4.3860 USD
Common Buy Transaction 3,188 4.3863 USD
Common Buy Transaction 1 4.3878 USD
Common Buy Transaction 3,000 4.3878 USD
Common Buy Transaction 1 4.3878 USD
Common Buy Transaction 1,400 4.3879 USD
Common Buy Transaction 2,400 4.3887 USD
Common Buy Transaction 676 4.3888 USD
Common Buy Transaction 2,251 4.3898 USD
Common Buy Transaction 1,902 4.3900 USD
Common Buy Transaction 1,200 4.3903 USD
Common Buy Transaction 2,500 4.3908 USD
Common Buy Transaction 500 4.3920 USD
Common Buy Transaction 400 4.3925 USD
Common Buy Transaction 11,204 4.3927 USD
Common Buy Transaction 1,511 4.3932 USD
Common Buy Transaction 4,063 4.3934 USD
Common Buy Transaction 1,208 4.3935 USD
Common Buy Transaction 384 4.3935 USD
Common Buy Transaction 604 4.3935 USD
Common Buy Transaction 1,155 4.3939 USD
Common Buy Transaction 11,814 4.3940 USD
Common Buy Transaction 1,716 4.3942 USD
Common Buy Transaction 2,342 4.3949 USD
Common Buy Transaction 804 4.3950 USD
Common Buy Transaction 1,976 4.3951 USD
Common Buy Transaction 3,711 4.3957 USD
Common Buy Transaction 1,835 4.3965 USD
Common Buy Transaction 2,500 4.3968 USD
Common Buy Transaction 2,824 4.3971 USD
Common Buy Transaction 2,519 4.3982 USD
Common Buy Transaction 1,288 4.3984 USD
Common Buy Transaction 3,293 4.3989 USD
Common Buy Transaction 1,041 4.3999 USD
Common Buy Transaction 895 4.4000 USD
Common Buy Transaction 3,136 4.4002 USD
Common Buy Transaction 1,451 4.4003 USD
Common Buy Transaction 2,229 4.4003 USD
Common Buy Transaction 4 4.4050 USD
Common Buy Transaction 141 4.4060 USD
Common Buy Transaction 1,400 4.4066 USD
Common Buy Transaction 609 4.4078 USD
Common Buy Transaction 266 4.4078 USD
Common Buy Transaction 655 4.4092 USD
Common Buy Transaction 3,711 4.4100 USD
Common Buy Transaction 500 4.4107 USD
Common Buy Transaction 597 4.4121 USD
Common Buy Transaction 20 4.4125 USD
Common Buy Transaction 92,253 4.4134 USD
Common Buy Transaction 35,131 4.4154 USD
Common Buy Transaction 830 4.4176 USD
Common Buy Transaction 2,014 4.4195 USD
Common Buy Transaction 6,566 4.4200 USD
Common Buy Transaction 568 4.4210 USD
Common Buy Transaction 3 4.4233 USD
Common Buy Transaction 200 4.4250 USD
Common Buy Transaction 11,500 4.4266 USD
Common Buy Transaction 1,601 4.4275 USD
Common Buy Transaction 9,805 4.4300 USD
Common Buy Transaction 500 4.4400 USD
Common DVP Transaction 16,061 4.3800 USD
Common DVP Transaction 7 4.3857 USD
Common DVP Transaction 1,242 4.3900 USD
Common DVP Transaction 1 4.4000 USD
Common DVP Transaction 283 4.4200 USD
Common DVP Transaction 500 4.4400 USD
Common DVP Transaction 1 4.4500 USD
Common RVP Transaction 1 4.3600 USD
Common RVP Transaction 16,061 4.3800 USD
Common RVP Transaction 1,248 4.3900 USD
Common RVP Transaction 1 4.4000 USD
Common RVP Transaction 283 4.4200 USD
Common RVP Transaction 500 4.4400 USD
Common RVP Transaction 1 4.4500 USD
Common Sell Transaction 100 4.3600 USD
Common Sell Transaction 980 4.3699 USD
Common Sell Transaction 598 4.3700 USD
Common Sell Transaction 1,831 4.3705 USD
Common Sell Transaction 22,821 4.3800 USD
Common Sell Transaction 401 4.3807 USD
Common Sell Transaction 621 4.3810 USD
Common Sell Transaction 1,842 4.3815 USD
Common Sell Transaction 930 4.3829 USD
Common Sell Transaction 365 4.3849 USD
Common Sell Transaction 15 4.3853 USD
Common Sell Transaction 30 4.3867 USD
Common Sell Transaction 1 4.3875 USD
Common Sell Transaction 1,600 4.3887 USD
Common Sell Transaction 13,193 4.3900 USD
Common Sell Transaction 328 4.3903 USD
Common Sell Transaction 1,675 4.3919 USD
Common Sell Transaction 805 4.3925 USD
Common Sell Transaction 2,100 4.3936 USD
Common Sell Transaction 1,323 4.3936 USD
Common Sell Transaction 1,306 4.3939 USD
Common Sell Transaction 1,700 4.3965 USD
Common Sell Transaction 6,300 4.3975 USD
Common Sell Transaction 2,913 4.3981 USD
Common Sell Transaction 618 4.3990 USD
Common Sell Transaction 618 4.3993 USD
Common Sell Transaction 102 4.3999 USD
Common Sell Transaction 1,041 4.3999 USD
Common Sell Transaction 907 4.4000 USD
Common Sell Transaction 38,238 4.4003 USD
Common Sell Transaction 7,693 4.4004 USD
Common Sell Transaction 300 4.4033 USD
Common Sell Transaction 658 4.4034 USD
Common Sell Transaction 18,544 4.4043 USD
Common Sell Transaction 4 4.4050 USD
Common Sell Transaction 2,615 4.4051 USD
Common Sell Transaction 2,780 4.4053 USD
Common Sell Transaction 68,058 4.4064 USD
Common Sell Transaction 1,649 4.4068 USD
Common Sell Transaction 400 4.4075 USD
Common Sell Transaction 900 4.4078 USD
Common Sell Transaction 2,226 4.4081 USD
Common Sell Transaction 720 4.4086 USD
Common Sell Transaction 1,100 4.4091 USD
Common Sell Transaction 558 4.4095 USD
Common Sell Transaction 10 4.4100 USD
Common Sell Transaction 21,514 4.4113 USD
Common Sell Transaction 443 4.4113 USD
Common Sell Transaction 2,886 4.4115 USD
Common Sell Transaction 300 4.4133 USD
Common Sell Transaction 403 4.4135 USD
Common Sell Transaction 1,436 4.4146 USD
Common Sell Transaction 7,484 4.4146 USD
Common Sell Transaction 918 4.4153 USD
Common Sell Transaction 35,131 4.4154 USD
Common Sell Transaction 3,008 4.4160 USD
Common Sell Transaction 1,795 4.4200 USD
Common Sell Transaction 1,372 4.4234 USD
Common Sell Transaction 1,573 4.4235 USD
Common Sell Transaction 1,006 4.4255 USD
Common Sell Transaction 8,274 4.4283 USD
Common Sell Transaction 826 4.4287 USD
Common Sell Transaction 4,371 4.4300 USD
Common Sell Transaction 100 4.4550 USD
Common Sell Transaction 69 4.4600 USD
(b) Cash-settled derivative transactions
Class of relevant security Product description Nature of dealing Number of reference securities Price per unit
e.g. CFD e.g. opening/closing a long/short position, increasing/reducing a long/short
position
Common CFD Increasing long position 40,300 4.3911 USD
Common CFD Increasing long position 12,782 4.4100 USD
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type Expiry date Option money paid/ received per unit
e.g. American, European etc.
Common Call Option Buy Transaction 1 6.0000 USD American 2026-Jan-16 0.3800 USD
Common Call Option DVP Transaction 1 5.0000 USD American 2025-Jul-18 0.0500 USD
Common Call Option DVP Transaction 1 6.0000 USD American 2026-Jan-16 0.3800 USD
Common Call Option RVP Transaction 1 5.0000 USD American 2025-Jul-18 0.0500 USD
Common Call Option RVP Transaction 1 6.0000 USD American 2026-Jan-16 0.3800 USD
Common Call Option Sell Transaction 1 5.0000 USD American 2025-Jul-18 0.0500 USD
(ii) Exercise
Class of relevant security Product description Exercising/ exercised against Number of securities Exercise price per unit
e.g. call option
(d) Other dealings (including subscribing for new securities)
Class of relevant security Nature of dealing Details Price per unit (if applicable)
e.g. subscription, conversion
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 July 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
(http://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 AMERICAN AXLE MANUFACTURING HOLDINGS INC
disclosure relates:
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 Expiry date
e.g. American, European etc.
Common Put Option Purchased -7,200 3.0 USD American 18/07/2025
Common Put Option Purchased -100 7.0 USD American 17/10/2025
Common Put Option Purchased -201,600 4.0 USD American 16/01/2026
Common Put Option Purchased -300 5.0 USD American 17/10/2025
Common Call Option Purchased 600,000 6.0 USD American 18/07/2025
Common Call Option Purchased 300 2.0 USD American 17/10/2025
Common Put Option Purchased -900 5.0 USD American 17/07/2026
Common Put Option Purchased -700 7.0 USD American 18/07/2025
Common Call Option Purchased 17,200 4.0 USD American 17/10/2025
Common Put Option Purchased -13,100 3.0 USD American 16/01/2026
Common Call Option Purchased 1,000 3.0 USD American 15/08/2025
Common Call Option Purchased 10,400 5.0 USD American 16/01/2026
Common Put Option Purchased -200 7.0 USD American 15/08/2025
Common Put Option Purchased -200 6.0 USD American 16/01/2026
Common Call Option Purchased 700 10.0 USD American 18/07/2025
Common Put Option Purchased -11,900 4.0 USD American 18/07/2025
Common Put Option Purchased -12,000 3.0 USD American 15/08/2025
Common Call Option Purchased 2,900 10.0 USD American 16/01/2026
Common Put Option Purchased -700 6.0 USD American 18/07/2025
Common Call Option Purchased 270,900 6.0 USD American 18/07/2025
Common Put Option Purchased -300 4.0 USD American 15/08/2025
Common Call Option Purchased 2,000 3.0 USD American 18/07/2025
Common Call Option Purchased 300 15.0 USD American 16/01/2026
Common Call Option Sold -9,500 4.0 USD American 18/07/2025
Common Call Option Sold -1,800 6.0 USD American 17/10/2025
Common Call Option Sold -700 12.0 USD American 16/01/2026
Common Call Option Sold -2,500 4.0 USD American 17/07/2026
Common Call Option Sold -118,200 7.0 USD American 16/01/2026
Common Call Option Sold -103,000 5.0 USD American 17/10/2025
Common Call Option Sold -100 2.0 USD American 17/07/2026
Common Put Option Sold 100 5.0 USD American 18/07/2025
Common Call Option Sold -1,500 4.0 USD American 16/01/2026
Common Call Option Sold -37,000 5.0 USD American 17/07/2026
Common Put Option Sold 91,500 5.0 USD American 16/01/2026
Common Call Option Sold -161,100 6.0 USD American 16/01/2026
Common Call Option Sold -651,300 5.0 USD American 18/07/2025
Common Put Option Sold 2,600 3.0 USD American 17/10/2025
Common Call Option Sold -29,400 8.0 USD American 18/07/2025
Common Call Option Sold -200 7.0 USD American 18/07/2025
Common Call Option Sold -2,400 10.0 USD American 17/07/2026
Common Call Option Sold -2,000 3.0 USD American 17/10/2025
Common Call Option Sold -300 3.0 USD American 17/07/2026
Common Call Option Sold -1,400 3.0 USD American 16/01/2026
Common Call Option Sold -1,100 7.0 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
(http://www.thetakeoverpanel.org.uk) .
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END RETPKQBQBBKDFOKRecent news on American Axle & Manufacturing Holdings
See all newsREG - BlackRock Group American Axle & Mfg. - Form 8.3 - American Axle & Manufacturing Hld, Inc.
AnnouncementREG - JPMorgan Sec.Plc American Axle & Mfg. - Form 8.5 (EPT/RI)-American Axle & Manufacturing
AnnouncementREG - Goldman Sachs AM LP American Axle & Mfg. - Form 8.3 - American Axle
AnnouncementREG - Goldman Sachs & Co. American Axle & Mfg. - Form 8.3 - American Axle
AnnouncementREG-Millennium Partners, L.P. Form 8.3 - American Axle & Manufacturing Holdings, Inc.
Announcement