Form 8.3 - American Axle & Manufacturing Holdings, Inc.

 

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:

 

Millennium International Management LP

(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.

 

 

(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:

 

 

(e)Date position held/dealing undertaken:

For an opening position disclosure, state the latest practicable date prior to the disclosure

 

22nd September 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:

 

USD 0.01 common (US0240611030)

 

 

 

Interests

 

Short positions

 

Number

 

%

 

Number

 

%

(1)Relevant securities owned and/or controlled:

 

4,273,992

 

3.602%

 

14,370

 

0.012%

(2)Cash-settled derivatives:

 

 

-

 

-

 

2,953,338

 

2.489%

(3)Stock-settled derivatives (including options) and agreements to purchase/sell:

 

-

 

-

 

-

 

-

TOTAL:

 

4,273,992

 

3.602%

 

2,967,708

 

2.501%

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:

 

 

Details, including nature of the rights concerned and relevant percentages:

 

 

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 (USD)

US0240611030

Purchase

3,700

6.08

US0240611031

Sale

12

6.08

US0240611032

Purchase

4,143

6.07

US0240611033

Sale

39

6.07

US0240611034

Purchase

200

6.09

US0240611035

Purchase

3,000

6.04

US0240611036

Purchase

8,107

6.06

US0240611037

Sale

107

6.06

US0240611038

Purchase

2,858

6.05

US0240611039

Sale

1

6.05

US0240611040

Purchase

408

6.03

US0240611041

Sale

4

6.03

US0240611042

Purchase

2,166

6.02

US0240611043

Purchase

40

6.17

US0240611044

Purchase

310

6.18

US0240611045

Purchase

140

6.21

US0240611046

Purchase

166

6.20

US0240611047

Purchase

121

6.08

US0240611048

Purchase

612

6.19

US0240611049

Purchase

9,329

6.07

US0240611050

Purchase

160

6.09

US0240611051

Purchase

3,806

6.06

US0240611052

Sale

629

6.05

US0240611053

Purchase

36

6.22

US0240611054

Purchase

122

6.10

US0240611055

Purchase

110

6.14

US0240611056

Purchase

70

6.11

US0240611057

Purchase

10

6.15

US0240611058

Purchase

160

6.13

US0240611059

Purchase

604

6.18

US0240611060

Sale

155

6.18

US0240611061

Purchase

284

6.20

US0240611062

Sale

14,568

6.08

US0240611063

Purchase

983

6.19

US0240611064

Sale

109

6.19

US0240611065

Sale

45,878

6.07

US0240611066

Sale

353

6.09

US0240611067

Sale

957

6.04

US0240611068

Sale

9,461

6.06

US0240611069

Sale

6,670

6.05

US0240611070

Sale

533

6.03

US0240611071

Sale

506

6.02

US0240611072

Sale

5,820

6.10

US0240611073

Sale

100

6.14

US0240611074

Sale

188

6.13

US0240611075

Purchase

100

6.18

US0240611076

Sale

637

6.18

US0240611077

Sale

64

6.08

US0240611078

Purchase

34

6.07

US0240611079

Sale

13,901

6.07

US0240611080

Sale

146

6.09

US0240611081

Purchase

134

6.04

US0240611082

Sale

3,596

6.04

US0240611083

Sale

6,673

6.06

US0240611084

Purchase

4,253

6.05

US0240611085

Sale

5,779

6.05

US0240611086

Purchase

41

6.03

US0240611087

Purchase

23

6.12

US0240611088

Purchase

25

6.02

US0240611089

Sale

200

6.10

US0240611090

Purchase

25

6.14

US0240611091

Purchase

18

6.13

US0240611092

Sale

133

6.13

US0240611093

Purchase

1,900

6.08

US0240611094

Sale

118

6.08

US0240611095

Purchase

25,103

6.07

US0240611096

Sale

4,502

6.07

US0240611097

Purchase

1

6.09

US0240611098

Sale

7

6.09

US0240611099

Purchase

7,801

6.04

US0240611100

Sale

6,033

6.04

US0240611101

Purchase

3,483

6.06

US0240611102

Sale

1,178

6.06

US0240611103

Purchase

332

6.05

US0240611104

Sale

8,822

6.05

US0240611105

Purchase

4

6.03

US0240611106

Sale

24,644

6.03

US0240611107

Sale

15,087

6.02

US0240611108

Sale

122

6.10

US0240611109

Sale

400

6.01

US0240611110

Purchase

152

6.08

US0240611111

Sale

23

6.08

US0240611112

Purchase

272

6.07

US0240611113

Sale

760

6.07

US0240611114

Purchase

456

6.09

US0240611115

Purchase

714

6.04

US0240611116

Purchase

439

6.06

US0240611117

Purchase

949

6.05

(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

 

US0240611030

 

Equity Swap

 

Closing a Long Position

 

1,126

 

6.09 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

e.g. American, European etc.

 

Expiry date

 

Option money paid/ received per unit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(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?

 

NO

Date of disclosure:

 

23rd September 2025

Contact name:

 

Stephen Glasper

Telephone number:

 

+44 203 398 2166

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]. 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.

Millennium Partners, L.P.