The Vanguard Group Discloses Interests in Dowlais Group plc

On September 19, 2025, The Vanguard Group, Inc. made a public disclosure regarding its position in Dowlais Group plc. This is in accordance with Rule 8.3 of the Takeover Code, which mandates declarations for individuals holding interests in securities above 1%. The disclosure pertains to Vanguard's ownership of 73,062,998 ordinary shares, representing a 5.55% stake in Dowlais Group plc.

Vanguard recorded a recent transaction involving the purchase of 4,350 ordinary shares and the sale of 50,620 shares, both at 0.82 GBP per unit. The disclosure also mentions interests in American Axle & Manufacturing Holdings, Inc., indicating additional related interests.

No indemnity or dealing arrangements were reported, nor were there agreements regarding voting rights or derivatives. The ongoing disclosure obligations are underlined by the disclosure contact, Shawn Acker, and follow-up with regulatory authorities is expected.