Vanguard Group Discloses Major Stake in American Axle

The Vanguard Group, Inc. has disclosed its significant interest in American Axle & Manufacturing Holdings, Inc. using Form 8.3. According to the disclosure, Vanguard possesses 7.47% of American Axle's common stock, accounting for 8,864,042 shares. This form of disclosure complies with Rule 8.3 under the Takeover Code, which mandates transparency for entities holding 1% or more of the relevant securities. The positions reported involve no derivatives or options at this time.

The transactions recently executed by Vanguard include the purchase of 1,190 shares and the sale of 538 shares, both at $5.98 per share. No other stock-settled or cash-settled derivatives nor other agreements or arrangements have been reported. Vanguard emphasizes the absence of indemnity or options arrangements and confirms no supplemental Form 8 is attached.