REG - Citadel Group Dowlais Group PLC American Axle & Mfg. - Form 8.3 - American Axle & Manufacturing Holdings
Yesterday 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:20250714:nRSN9191Qa&default-theme=true
RNS Number : 9191Q Citadel Group 14 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: 11 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: 2,062,022 1.73 0 0.00
(2) Cash-settled derivatives: 533,034 0.44 0 0.00
(3) Stock-settled derivatives (including options) and agreements to 1,002,700 0.84 1,375,600 1.15
purchase/sell:
3,597,756 3.03 1,375,600 1.15
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 395 4.3400 USD
Common Buy Transaction 1,559 4.3486 USD
Common Buy Transaction 2,000 4.3490 USD
Common Buy Transaction 100 4.3500 USD
Common Buy Transaction 400 4.3575 USD
Common Buy Transaction 1 4.3600 USD
Common Buy Transaction 1,018 4.3607 USD
Common Buy Transaction 382 4.3617 USD
Common Buy Transaction 600 4.3650 USD
Common Buy Transaction 700 4.3671 USD
Common Buy Transaction 2,400 4.3688 USD
Common Buy Transaction 3,999 4.3700 USD
Common Buy Transaction 2,980 4.3700 USD
Common Buy Transaction 2,000 4.3705 USD
Common Buy Transaction 8,015 4.3708 USD
Common Buy Transaction 1,200 4.3708 USD
Common Buy Transaction 3,208 4.3722 USD
Common Buy Transaction 1,300 4.3723 USD
Common Buy Transaction 7,903 4.3743 USD
Common Buy Transaction 570 4.3765 USD
Common Buy Transaction 7,319 4.3786 USD
Common Buy Transaction 12,390 4.3826 USD
Common Buy Transaction 300 4.3833 USD
Common Buy Transaction 2,037 4.3860 USD
Common Buy Transaction 691 4.3887 USD
Common Buy Transaction 1,501 4.3900 USD
Common Buy Transaction 13,641 4.3905 USD
Common Buy Transaction 2,580 4.3905 USD
Common Buy Transaction 3,193 4.3906 USD
Common Buy Transaction 1,383 4.3907 USD
Common Buy Transaction 1 4.3927 USD
Common Buy Transaction 831 4.3946 USD
Common Buy Transaction 434 4.3951 USD
Common Buy Transaction 9,685 4.3971 USD
Common Buy Transaction 12,016 4.3977 USD
Common Buy Transaction 671 4.3981 USD
Common Buy Transaction 576 4.4000 USD
Common Buy Transaction 1,056 4.4006 USD
Common Buy Transaction 299 4.4013 USD
Common Buy Transaction 4,627 4.4016 USD
Common Buy Transaction 2,158 4.4017 USD
Common Buy Transaction 239 4.4018 USD
Common Buy Transaction 3 4.4033 USD
Common Buy Transaction 10,200 4.4053 USD
Common Buy Transaction 3,591 4.4060 USD
Common Buy Transaction 782 4.4065 USD
Common Buy Transaction 11,092 4.4066 USD
Common Buy Transaction 770 4.4068 USD
Common Buy Transaction 1 4.4079 USD
Common Buy Transaction 3,543 4.4083 USD
Common Buy Transaction 3,200 4.4090 USD
Common Buy Transaction 919 4.4095 USD
Common Buy Transaction 4,258 4.4099 USD
Common Buy Transaction 40,376 4.4100 USD
Common Buy Transaction 1,317 4.4111 USD
Common Buy Transaction 20 4.4125 USD
Common Buy Transaction 1,238 4.4128 USD
Common Buy Transaction 1,400 4.4136 USD
Common Buy Transaction 200 4.4137 USD
Common Buy Transaction 2,584 4.4145 USD
Common Buy Transaction 1,110 4.4150 USD
Common Buy Transaction 1,145 4.4167 USD
Common Buy Transaction 1 4.4178 USD
Common Buy Transaction 326 4.4192 USD
Common Buy Transaction 1,278 4.4198 USD
Common Buy Transaction 2,255 4.4200 USD
Common Buy Transaction 2,000 4.4215 USD
Common Buy Transaction 261 4.4234 USD
Common Buy Transaction 1,183 4.4251 USD
Common Buy Transaction 120 4.4267 USD
Common Buy Transaction 8,008 4.4268 USD
Common Buy Transaction 8,472 4.4282 USD
Common Buy Transaction 22,671 4.4284 USD
Common Buy Transaction 2,109 4.4286 USD
Common Buy Transaction 3,451 4.4300 USD
Common Buy Transaction 758 4.4301 USD
Common Buy Transaction 700 4.4321 USD
Common Buy Transaction 721 4.4322 USD
Common Buy Transaction 357 4.4340 USD
Common Buy Transaction 500 4.4360 USD
Common Buy Transaction 1,300 4.4385 USD
Common Buy Transaction 100 4.4400 USD
Common Buy Transaction 112 4.4500 USD
Common DVP Transaction 1 4.3700 USD
Common DVP Transaction 1 4.4000 USD
Common DVP Transaction 27,350 4.4100 USD
Common DVP Transaction 2 4.4150 USD
Common DVP Transaction 2,485 4.4200 USD
Common RVP Transaction 1 4.3700 USD
Common RVP Transaction 1 4.4000 USD
Common RVP Transaction 27,351 4.4100 USD
Common RVP Transaction 2,486 4.4200 USD
Common Sell Transaction 0 4.3400 USD
Common Sell Transaction 800 4.3600 USD
Common Sell Transaction 1,006 4.3604 USD
Common Sell Transaction 890 4.3638 USD
Common Sell Transaction 1,003 4.3700 USD
Common Sell Transaction 7,264 4.3710 USD
Common Sell Transaction 1,184 4.3768 USD
Common Sell Transaction 200 4.3800 USD
Common Sell Transaction 370 4.3808 USD
Common Sell Transaction 2,169 4.3827 USD
Common Sell Transaction 1,301 4.3850 USD
Common Sell Transaction 14 4.3857 USD
Common Sell Transaction 669 4.3868 USD
Common Sell Transaction 430 4.3868 USD
Common Sell Transaction 387 4.3892 USD
Common Sell Transaction 1,926 4.3900 USD
Common Sell Transaction 312 4.3908 USD
Common Sell Transaction 1,956 4.3936 USD
Common Sell Transaction 100 4.3950 USD
Common Sell Transaction 300 4.3967 USD
Common Sell Transaction 1,126 4.3967 USD
Common Sell Transaction 76 4.3989 USD
Common Sell Transaction 1,200 4.4000 USD
Common Sell Transaction 1,063 4.4007 USD
Common Sell Transaction 395 4.4011 USD
Common Sell Transaction 3,086 4.4017 USD
Common Sell Transaction 1,000 4.4020 USD
Common Sell Transaction 700 4.4021 USD
Common Sell Transaction 5,281 4.4063 USD
Common Sell Transaction 4,800 4.4065 USD
Common Sell Transaction 2,200 4.4073 USD
Common Sell Transaction 3,025 4.4093 USD
Common Sell Transaction 700 4.4093 USD
Common Sell Transaction 1,919 4.4095 USD
Common Sell Transaction 13,155 4.4095 USD
Common Sell Transaction 2,795 4.4099 USD
Common Sell Transaction 64,319 4.4100 USD
Common Sell Transaction 8,953 4.4102 USD
Common Sell Transaction 1,529 4.4106 USD
Common Sell Transaction 15,958 4.4112 USD
Common Sell Transaction 5,448 4.4118 USD
Common Sell Transaction 9 4.4122 USD
Common Sell Transaction 20,796 4.4139 USD
Common Sell Transaction 211 4.4147 USD
Common Sell Transaction 2 4.4150 USD
Common Sell Transaction 1,630 4.4167 USD
Common Sell Transaction 21,890 4.4168 USD
Common Sell Transaction 2,000 4.4170 USD
Common Sell Transaction 261 4.4192 USD
Common Sell Transaction 226 4.4200 USD
Common Sell Transaction 2,002 4.4219 USD
Common Sell Transaction 5,200 4.4229 USD
Common Sell Transaction 0 4.4245 USD
Common Sell Transaction 1,466 4.4257 USD
Common Sell Transaction 8,855 4.4275 USD
Common Sell Transaction 1,942 4.4290 USD
Common Sell Transaction 443 4.4300 USD
Common Sell Transaction 3,800 4.4305 USD
Common Sell Transaction 184 4.4317 USD
Common Sell Transaction 500 4.4340 USD
Common Sell Transaction 467 4.4346 USD
Common Sell Transaction 200 4.4350 USD
Common Sell Transaction 1,666 4.4364 USD
Common Sell Transaction 11 4.4400 USD
Common Sell Transaction 417 4.4402 USD
Common Sell Transaction 1,425 4.4408 USD
Common Sell Transaction 14,623 4.4412 USD
Common Sell Transaction 1,948 4.4454 USD
Common Sell Transaction 109 4.4456 USD
Common Sell Transaction 3,658 4.4498 USD
Common Sell Transaction 2,000 4.4500 USD
Common Sell Transaction 1,927 4.4511 USD
Common Sell Transaction 3,100 4.4513 USD
Common Sell Transaction 447 4.4574 USD
Common Sell Transaction 4,900 4.4590 USD
Common Sell Transaction 204 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 24,189 4.3946 USD
Common CFD Increasing long position 13,116 4.3994 USD
Common CFD Increasing long position 750 4.4110 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 Put Option Buy Transaction 20 4.0000 USD American 2025-Aug-15 0.1900 USD
Common Call Option Buy Transaction 2 5.0000 USD American 2025-Oct-17 0.3500 USD
Common Call Option DVP Transaction 3 5.0000 USD American 2025-Jul-18 0.0500 USD
Common Put Option DVP Transaction 20 4.0000 USD American 2025-Aug-15 0.1900 USD
Common Call Option DVP Transaction 2 5.0000 USD American 2025-Oct-17 0.3500 USD
Common Call Option RVP Transaction 3 5.0000 USD American 2025-Jul-18 0.0500 USD
Common Put Option RVP Transaction 20 4.0000 USD American 2025-Aug-15 0.1900 USD
Common Call Option RVP Transaction 2 5.0000 USD American 2025-Oct-17 0.3500 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: 14 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 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 Purchased 17,300 4.0 USD American 17/10/2025
Common Call Option Purchased 700 10.0 USD American 18/07/2025
Common Call Option Purchased 270,900 6.0 USD American 18/07/2025
Common Put Option Purchased -100 7.0 USD American 17/10/2025
Common Call Option Purchased 2,900 10.0 USD American 16/01/2026
Common Put Option Purchased -11,900 4.0 USD American 18/07/2025
Common Put Option Purchased -900 5.0 USD American 17/07/2026
Common Put Option Purchased -700 6.0 USD American 18/07/2025
Common Put Option Purchased -13,100 3.0 USD American 16/01/2026
Common Call Option Purchased 300 2.0 USD American 17/10/2025
Common Put Option Purchased -2,300 4.0 USD American 15/08/2025
Common Call Option Purchased 600,000 6.0 USD American 18/07/2025
Common Put Option Purchased -12,000 3.0 USD American 15/08/2025
Common Put Option Purchased -300 5.0 USD American 17/10/2025
Common Call Option Purchased 10,400 5.0 USD American 16/01/2026
Common Put Option Purchased -200 6.0 USD American 16/01/2026
Common Put Option Purchased -201,600 4.0 USD American 16/01/2026
Common Put Option Purchased -200 7.0 USD American 15/08/2025
Common Call Option Purchased 2,500 5.0 USD American 15/08/2025
Common Call Option Purchased 1,000 3.0 USD American 15/08/2025
Common Put Option Purchased -700 7.0 USD American 18/07/2025
Common Put Option Purchased -7,200 3.0 USD American 18/07/2025
Common Call Option Sold -1,400 3.0 USD American 16/01/2026
Common Call Option Sold -8,400 4.0 USD American 18/07/2025
Common Put Option Sold 300 5.0 USD American 18/07/2025
Common Call Option Sold -300 3.0 USD American 17/07/2026
Common Call Option Sold -29,400 8.0 USD American 18/07/2025
Common Call Option Sold -37,000 5.0 USD American 17/07/2026
Common Call Option Sold -2,000 3.0 USD American 17/10/2025
Common Call Option Sold -1,400 4.0 USD American 16/01/2026
Common Put Option Sold 91,500 5.0 USD American 16/01/2026
Common Call Option Sold -106,500 5.0 USD American 17/10/2025
Common Put Option Sold 2,600 3.0 USD American 17/10/2025
Common Call Option Sold -159,900 6.0 USD American 16/01/2026
Common Call Option Sold -100 2.0 USD American 17/07/2026
Common Call Option Sold -1,600 6.0 USD American 17/10/2025
Common Call Option Sold -200 7.0 USD American 18/07/2025
Common Call Option Sold -1,100 7.0 USD American 17/07/2026
Common Call Option Sold -700 12.0 USD American 16/01/2026
Common Call Option Sold -118,200 7.0 USD American 16/01/2026
Common Call Option Sold -2,400 10.0 USD American 17/07/2026
Common Call Option Sold -651,300 5.0 USD American 18/07/2025
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
(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 RETPKQBPOBKKCODRecent news on American Axle & Manufacturing Holdings
See all newsREG - BlackRock Group Dowlais Group PLC - Form 8.3 - Dowlais Group plc
AnnouncementREG - Marshall Wace LLP Dowlais Group PLC - Form 8.3 - Dowlais Group plc
AnnouncementREG - JPMorgan Sec.Plc Dowlais Group PLC - Form 8.5 (EPT/RI)-Dowlais Group plc Amend
AnnouncementREG - JPMorgan Sec.Plc Dowlais Group PLC - Form 8.5 (EPT/RI)-Dowlais Group plc Amend
AnnouncementREG - BlackRock Group American Axle & Mfg. - Form 8.3 - American Axle & Manufacturing Holdings
Announcement