Citadel Group

Major Shareholding Notification • Sep 3, 2025

National Storage Mechanism | Additional information

RNS Number : 8850X

Citadel Group

03 September 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 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	2 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: Common Stock	ISIN US0240611030 USD 0.01 common
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	1,727,383	1.45	39,253	0.03
(2) Cash-settled derivatives:	0	0.00	0	0.00
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	232,900	0.19	633,400	0.53
TOTAL:	1,960,283	1.65	672,653	0.56

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	525	5.7599 USD
Common	Buy Transaction	6	5.8000 USD
Common	Buy Transaction	1	5.8100 USD
Common	Buy Transaction	2,000	5.8200 USD
Common	Buy Transaction	2,200	5.8227 USD
Common	Buy Transaction	712	5.8230 USD
Common	Buy Transaction	17,800	5.8231 USD
Common	Buy Transaction	2,814	5.8269 USD
Common	Buy Transaction	4,400	5.8300 USD
Common	Buy Transaction	550	5.8309 USD
Common	Buy Transaction	3,733	5.8343 USD
Common	Buy Transaction	1	5.8369 USD
Common	Buy Transaction	379	5.8400 USD
Common	Buy Transaction	600	5.8467 USD
Common	Buy Transaction	134	5.8477 USD
Common	Buy Transaction	1,520	5.8483 USD
Common	Buy Transaction	9,736	5.8500 USD
Common	Buy Transaction	872	5.8503 USD
Common	Buy Transaction	3,088	5.8503 USD
Common	Buy Transaction	188	5.8523 USD
Common	Buy Transaction	430	5.8525 USD
Common	Buy Transaction	385	5.8531 USD
Common	Buy Transaction	7,906	5.8535 USD
Common	Buy Transaction	1,230	5.8553 USD
Common	Buy Transaction	765	5.8571 USD
Common	Buy Transaction	2,289	5.8587 USD
Common	Buy Transaction	3,692	5.8589 USD
Common	Buy Transaction	14,724	5.8598 USD
Common	Buy Transaction	3,668	5.8600 USD
Common	Buy Transaction	546	5.8604 USD
Common	Buy Transaction	3,868	5.8622 USD
Common	Buy Transaction	745	5.8626 USD
Common	Buy Transaction	369	5.8626 USD
Common	Buy Transaction	491	5.8697 USD
Common	Buy Transaction	992	5.8741 USD
Common	Buy Transaction	9,714	5.8757 USD
Common	Buy Transaction	251	5.8760 USD
Common	Buy Transaction	891	5.8760 USD
Common	Buy Transaction	2,562	5.8785 USD
Common	Buy Transaction	18,853	5.8790 USD
Common	Buy Transaction	2,325	5.8794 USD
Common	Buy Transaction	857	5.8800 USD
Common	Buy Transaction	45	5.8807 USD
Common	Buy Transaction	2,232	5.8824 USD
Common	Buy Transaction	11,959	5.8840 USD
Common	Buy Transaction	898	5.8842 USD
Common	Buy Transaction	146	5.8850 USD
Common	Buy Transaction	1,687	5.8883 USD
Common	Buy Transaction	788	5.8886 USD
Common	Buy Transaction	12,472	5.8900 USD
Common	Buy Transaction	152	5.8911 USD
Common	Buy Transaction	1,444	5.8912 USD
Common	Buy Transaction	1,455	5.8946 USD
Common	Buy Transaction	2,164	5.8959 USD
Common	Buy Transaction	26,704	5.8960 USD
Common	Buy Transaction	1,273	5.8961 USD
Common	Buy Transaction	1,194	5.8962 USD
Common	Buy Transaction	317	5.8969 USD
Common	Buy Transaction	792	5.8970 USD
Common	Buy Transaction	2,190	5.8975 USD
Common	Buy Transaction	136	5.8979 USD
Common	Buy Transaction	1,747	5.8981 USD
Common	Buy Transaction	7,654	5.8985 USD
Common	Buy Transaction	7,784	5.8989 USD
Common	Buy Transaction	200	5.9006 USD
Common	Buy Transaction	3,169	5.9015 USD
Common	Buy Transaction	1,162	5.9029 USD
Common	Buy Transaction	305	5.9036 USD
Common	Buy Transaction	50	5.9050 USD
Common	Buy Transaction	1,800	5.9056 USD
Common	Buy Transaction	5,367	5.9064 USD
Common	Buy Transaction	4,911	5.9102 USD
Common	Buy Transaction	1,402	5.9106 USD
Common	Buy Transaction	200	5.9113 USD
Common	Buy Transaction	48	5.9131 USD
Common	Buy Transaction	150	5.9167 USD
Common	Buy Transaction	5,493	5.9168 USD
Common	Buy Transaction	2,304	5.9200 USD
Common	Buy Transaction	209	5.9208 USD
Common	Buy Transaction	17,146	5.9212 USD
Common	Buy Transaction	1,308	5.9228 USD
Common	Buy Transaction	2,751	5.9229 USD
Common	Buy Transaction	7	5.9250 USD
Common	Buy Transaction	2,046	5.9262 USD
Common	Buy Transaction	12,188	5.9276 USD
Common	Buy Transaction	1,200	5.9287 USD
Common	Buy Transaction	5,116	5.9300 USD
Common	Buy Transaction	786	5.9300 USD
Common	Buy Transaction	3,590	5.9304 USD
Common	Buy Transaction	1,801	5.9317 USD
Common	Buy Transaction	1,598	5.9337 USD
Common	Buy Transaction	9,228	5.9342 USD
Common	Buy Transaction	61,378	5.9353 USD
Common	Buy Transaction	4,126	5.9391 USD
Common	Buy Transaction	16,579	5.9392 USD
Common	Buy Transaction	4,198	5.9400 USD
Common	Buy Transaction	3,289	5.9410 USD
Common	Buy Transaction	523	5.9442 USD
Common	Buy Transaction	75,000	5.9467 USD
Common	Buy Transaction	5,320	5.9483 USD
Common	Buy Transaction	636	5.9498 USD
Common	Buy Transaction	1,470	5.9500 USD
Common	Buy Transaction	712	5.9520 USD
Common	Buy Transaction	113,502	5.9542 USD
Common	Buy Transaction	1	5.9545 USD
Common	Buy Transaction	121,771	5.9552 USD
Common	Buy Transaction	6,404	5.9578 USD
Common	Buy Transaction	1,431	5.9584 USD
Common	Buy Transaction	132,850	5.9600 USD
Common	Buy Transaction	2,785	5.9601 USD
Common	Buy Transaction	9,875	5.9605 USD
Common	Buy Transaction	6,338	5.9617 USD
Common	Buy Transaction	1	5.9700 USD
Common	Buy Transaction	34	5.9706 USD
Common	Buy Transaction	16,057	5.9740 USD
Common	Buy Transaction	966	5.9768 USD
Common	Buy Transaction	400	5.9800 USD
Common	Buy Transaction	6	5.9817 USD
Common	Buy Transaction	97	5.9834 USD
Common	Buy Transaction	172	5.9836 USD
Common	Buy Transaction	202	5.9900 USD
Common	Buy Transaction	1,200	5.9911 USD
Common	Buy Transaction	7,544	6.0000 USD
Common	Buy Transaction	513	6.0074 USD
Common	Buy Transaction	7,934	6.0088 USD
Common	Buy Transaction	1,557	6.0092 USD
Common	Buy Transaction	2	6.0200 USD
Common	Buy Transaction	1,809	6.0282 USD
Common	Buy Transaction	1,700	6.0306 USD
Common	Buy Transaction	118	6.0318 USD
Common	Buy Transaction	572	6.0333 USD
Common	Buy Transaction	10,022	6.0400 USD
Common	Buy Transaction	75,774	6.0404 USD
Common	Buy Transaction	1,127	6.0440 USD
Common	Buy Transaction	2,300	6.0500 USD
Common	Buy Transaction	4,000	6.0501 USD
Common	Buy Transaction	30	6.0507 USD
Common	Buy Transaction	11	6.0509 USD
Common	Buy Transaction	19,020	6.0560 USD
Common	Buy Transaction	1	6.0600 USD
Common	Buy Transaction	4,400	6.0708 USD
Common	Sell Transaction	300	5.7600 USD
Common	Sell Transaction	95	5.7689 USD
Common	Sell Transaction	77	5.7690 USD
Common	Sell Transaction	300	5.7884 USD
Common	Sell Transaction	200	5.7900 USD
Common	Sell Transaction	36	5.8000 USD
Common	Sell Transaction	100	5.8100 USD
Common	Sell Transaction	2,001	5.8200 USD
Common	Sell Transaction	400	5.8200 USD
Common	Sell Transaction	26,000	5.8230 USD
Common	Sell Transaction	10,840	5.8300 USD
Common	Sell Transaction	301	5.8351 USD
Common	Sell Transaction	300	5.8367 USD
Common	Sell Transaction	666	5.8380 USD
Common	Sell Transaction	100	5.8400 USD
Common	Sell Transaction	383	5.8404 USD
Common	Sell Transaction	12,780	5.8409 USD
Common	Sell Transaction	1,383	5.8431 USD
Common	Sell Transaction	4,650	5.8450 USD
Common	Sell Transaction	339	5.8450 USD
Common	Sell Transaction	11	5.8455 USD
Common	Sell Transaction	678	5.8500 USD
Common	Sell Transaction	100	5.8550 USD
Common	Sell Transaction	8,910	5.8575 USD
Common	Sell Transaction	13,832	5.8579 USD
Common	Sell Transaction	813	5.8600 USD
Common	Sell Transaction	1,600	5.8610 USD
Common	Sell Transaction	104	5.8619 USD
Common	Sell Transaction	1,297	5.8631 USD
Common	Sell Transaction	568	5.8650 USD
Common	Sell Transaction	20	5.8675 USD
Common	Sell Transaction	5	5.8680 USD
Common	Sell Transaction	492	5.8696 USD
Common	Sell Transaction	500	5.8710 USD
Common	Sell Transaction	6,726	5.8853 USD
Common	Sell Transaction	700	5.8886 USD
Common	Sell Transaction	1,776	5.8906 USD
Common	Sell Transaction	104	5.8907 USD
Common	Sell Transaction	103	5.8914 USD
Common	Sell Transaction	12,397	5.9000 USD
Common	Sell Transaction	794	5.9022 USD
Common	Sell Transaction	2,970	5.9033 USD
Common	Sell Transaction	59	5.9058 USD
Common	Sell Transaction	147	5.9063 USD
Common	Sell Transaction	81	5.9072 USD
Common	Sell Transaction	22,026	5.9075 USD
Common	Sell Transaction	1,532	5.9080 USD
Common	Sell Transaction	200	5.9087 USD
Common	Sell Transaction	300	5.9088 USD
Common	Sell Transaction	9	5.9089 USD
Common	Sell Transaction	200	5.9089 USD
Common	Sell Transaction	41	5.9090 USD
Common	Sell Transaction	95	5.9091 USD
Common	Sell Transaction	8,702	5.9096 USD
Common	Sell Transaction	6,451	5.9099 USD
Common	Sell Transaction	808	5.9100 USD
Common	Sell Transaction	198	5.9118 USD
Common	Sell Transaction	20	5.9125 USD
Common	Sell Transaction	310	5.9135 USD
Common	Sell Transaction	300	5.9167 USD
Common	Sell Transaction	150	5.9167 USD
Common	Sell Transaction	685	5.9169 USD
Common	Sell Transaction	7,011	5.9183 USD
Common	Sell Transaction	722	5.9185 USD
Common	Sell Transaction	3,350	5.9187 USD
Common	Sell Transaction	1	5.9188 USD
Common	Sell Transaction	5,047	5.9197 USD
Common	Sell Transaction	4,471	5.9200 USD
Common	Sell Transaction	36	5.9203 USD
Common	Sell Transaction	1,372	5.9206 USD
Common	Sell Transaction	1,407	5.9207 USD
Common	Sell Transaction	21	5.9290 USD
Common	Sell Transaction	201	5.9300 USD
Common	Sell Transaction	1,587	5.9302 USD
Common	Sell Transaction	10	5.9310 USD
Common	Sell Transaction	3,067	5.9318 USD
Common	Sell Transaction	1,474	5.9328 USD
Common	Sell Transaction	7,866	5.9341 USD
Common	Sell Transaction	1,002	5.9352 USD
Common	Sell Transaction	4,438	5.9359 USD
Common	Sell Transaction	13,314	5.9362 USD
Common	Sell Transaction	540	5.9370 USD
Common	Sell Transaction	945	5.9377 USD
Common	Sell Transaction	190	5.9397 USD
Common	Sell Transaction	500	5.9420 USD
Common	Sell Transaction	900	5.9422 USD
Common	Sell Transaction	6,747	5.9439 USD
Common	Sell Transaction	31	5.9484 USD
Common	Sell Transaction	7	5.9486 USD
Common	Sell Transaction	1,514	5.9488 USD
Common	Sell Transaction	5,150	5.9488 USD
Common	Sell Transaction	308	5.9500 USD
Common	Sell Transaction	11,442	5.9507 USD
Common	Sell Transaction	88	5.9523 USD
Common	Sell Transaction	1,300	5.9527 USD
Common	Sell Transaction	8,300	5.9548 USD
Common	Sell Transaction	107	5.9550 USD
Common	Sell Transaction	230	5.9552 USD
Common	Sell Transaction	5,112	5.9558 USD
Common	Sell Transaction	169	5.9598 USD
Common	Sell Transaction	2,100	5.9599 USD
Common	Sell Transaction	133,689	5.9600 USD
Common	Sell Transaction	2,100	5.9601 USD
Common	Sell Transaction	9,393	5.9631 USD
Common	Sell Transaction	4,187	5.9634 USD
Common	Sell Transaction	4,371	5.9646 USD
Common	Sell Transaction	764	5.9648 USD
Common	Sell Transaction	400	5.9650 USD
Common	Sell Transaction	236	5.9658 USD
Common	Sell Transaction	624	5.9670 USD
Common	Sell Transaction	2,485	5.9697 USD
Common	Sell Transaction	2,610	5.9700 USD
Common	Sell Transaction	1,141	5.9700 USD
Common	Sell Transaction	1,046	5.9705 USD
Common	Sell Transaction	13,340	5.9729 USD
Common	Sell Transaction	505	5.9740 USD
Common	Sell Transaction	108	5.9743 USD
Common	Sell Transaction	5,096	5.9743 USD
Common	Sell Transaction	2,300	5.9757 USD
Common	Sell Transaction	38	5.9761 USD
Common	Sell Transaction	84	5.9761 USD
Common	Sell Transaction	1,100	5.9764 USD
Common	Sell Transaction	1,378	5.9782 USD
Common	Sell Transaction	5,804	5.9800 USD
Common	Sell Transaction	7,295	5.9808 USD
Common	Sell Transaction	5,738	5.9809 USD
Common	Sell Transaction	4,406	5.9811 USD
Common	Sell Transaction	10,252	5.9813 USD
Common	Sell Transaction	2,418	5.9828 USD
Common	Sell Transaction	700	5.9829 USD
Common	Sell Transaction	3,277	5.9833 USD
Common	Sell Transaction	520	5.9835 USD
Common	Sell Transaction	1,778	5.9846 USD
Common	Sell Transaction	1,600	5.9850 USD
Common	Sell Transaction	93	5.9851 USD
Common	Sell Transaction	49	5.9851 USD
Common	Sell Transaction	980	5.9854 USD
Common	Sell Transaction	1,000	5.9860 USD
Common	Sell Transaction	700	5.9871 USD
Common	Sell Transaction	336	5.9879 USD
Common	Sell Transaction	1,900	5.9887 USD
Common	Sell Transaction	9	5.9889 USD
Common	Sell Transaction	6,722	5.9900 USD
Common	Sell Transaction	100	5.9902 USD
Common	Sell Transaction	1,200	5.9908 USD
Common	Sell Transaction	7,894	5.9929 USD
Common	Sell Transaction	33	5.9948 USD
Common	Sell Transaction	1,194	5.9950 USD
Common	Sell Transaction	2,100	5.9962 USD
Common	Sell Transaction	20	5.9985 USD
Common	Sell Transaction	40	5.9990 USD
Common	Sell Transaction	50	6.0000 USD
Common	Sell Transaction	561	6.0024 USD
Common	Sell Transaction	2,399	6.0028 USD
Common	Sell Transaction	980	6.0029 USD
Common	Sell Transaction	643	6.0033 USD
Common	Sell Transaction	3	6.0200 USD
Common	Sell Transaction	100	6.0300 USD
Common	Sell Transaction	1,676	6.0335 USD
Common	Sell Transaction	213	6.0374 USD
Common	Sell Transaction	200	6.0400 USD
Common	Sell Transaction	817	6.0423 USD
Common	Sell Transaction	3,029	6.0450 USD
Common	Sell Transaction	456	6.0467 USD
Common	Sell Transaction	1	6.0500 USD
Common	Sell Transaction	700	6.0507 USD
Common	Sell Transaction	48	6.0552 USD
Common	Sell Transaction	291	6.0584 USD
Common	Sell Transaction	700	6.0650 USD
Common	Sell Transaction	180	6.0700 USD
Common	Sell Transaction	1,838	6.0707 USD
Common	Sell Transaction	100	6.0750 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	Buy Transaction	100	6.0000 USD	American	2025-09-19	0.2500 USD
Common	Call Option	Buy Transaction	100	5.0000 USD	American	2025-10-17	1.0000 USD
Common	Call Option	Buy Transaction	100	5.0000 USD	American	2025-09-19	1.0000 USD
Common	Call Option	Buy Transaction	100	6.0000 USD	American	2026-04-17	1.1000 USD
Common	Call Option	Buy Transaction	2,000	6.0000 USD	American	2026-04-17	1.1300 USD
Common	Put Option	Buy Transaction	100	7.0000 USD	American	2025-10-17	1.2800 USD
Common	Call Option	Sell Transaction	200	6.0000 USD	American	2025-09-19	0.2900 USD
Common	Put Option	Sell Transaction	100	7.0000 USD	American	2025-10-17	1.2100 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:	3 September 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	100	8.0 USD	American	16/01/2026
Common	Put Option	Purchased	-1,200	5.0 USD	American	17/07/2026
Common	Put Option	Purchased	-215,700	4.0 USD	American	16/01/2026
Common	Call Option	Purchased	1,500	5.0 USD	American	19/09/2025
Common	Put Option	Purchased	-400	5.0 USD	American	19/09/2025
Common	Call Option	Purchased	800	3.0 USD	American	17/07/2026
Common	Put Option	Purchased	-8,200	6.0 USD	American	16/01/2026
Common	Call Option	Purchased	44,200	6.0 USD	American	16/01/2026
Common	Call Option	Purchased	300	3.0 USD	American	17/10/2025
Common	Call Option	Purchased	17,600	7.0 USD	American	17/10/2025
Common	Put Option	Purchased	-17,200	3.0 USD	American	16/01/2026
Common	Call Option	Purchased	8,900	6.0 USD	American	19/09/2025
Common	Call Option	Purchased	3,000	10.0 USD	American	16/01/2026
Common	Call Option	Purchased	100	9.0 USD	American	17/04/2026
Common	Call Option	Purchased	1,000	8.0 USD	American	17/10/2025
Common	Put Option	Purchased	-500	3.0 USD	American	17/04/2026
Common	Call Option	Purchased	43,500	6.0 USD	American	17/10/2025
Common	Call Option	Purchased	300	2.0 USD	American	17/10/2025
Common	Call Option	Purchased	15,700	4.0 USD	American	17/10/2025
Common	Put Option	Purchased	-10,700	5.0 USD	American	17/04/2026
Common	Call Option	Purchased	1,000	5.0 USD	American	17/04/2026
Common	Call Option	Purchased	100	4.0 USD	American	19/09/2025
Common	Call Option	Sold	-1,000	7.0 USD	American	17/07/2026
Common	Call Option	Sold	-900	10.0 USD	American	17/07/2026
Common	Call Option	Sold	-100	1.0 USD	American	17/07/2026
Common	Call Option	Sold	-20,000	6.0 USD	American	17/04/2026
Common	Call Option	Sold	-6,200	12.0 USD	American	16/01/2026
Common	Call Option	Sold	-109,200	7.0 USD	American	16/01/2026
Common	Call Option	Sold	-1,200	7.0 USD	American	18/12/2026
Common	Put Option	Sold	92,500	5.0 USD	American	16/01/2026
Common	Put Option	Sold	200	6.0 USD	American	17/10/2025
Common	Call Option	Sold	-54,300	5.0 USD	American	16/01/2026
Common	Put Option	Sold	600	3.0 USD	American	17/10/2025
Common	Call Option	Sold	-12,500	15.0 USD	American	16/01/2026
Common	Call Option	Sold	-400	5.0 USD	American	18/12/2026
Common	Put Option	Sold	100	7.0 USD	American	16/01/2026
Common	Call Option	Sold	-128,600	5.0 USD	American	17/10/2025
Common	Call Option	Sold	-41,400	5.0 USD	American	17/07/2026
Common	Call Option	Sold	-1,400	4.0 USD	American	16/01/2026
Common	Call Option	Sold	-1,400	3.0 USD	American	16/01/2026
Common	Call Option	Sold	-900	4.0 USD	American	17/07/2026
Common	Put Option	Sold	800	5.0 USD	American	17/10/2025
Common	Put Option	Sold	600	6.0 USD	American	19/09/2025

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 .

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