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The Vanguard Group Discloses Position in Dowlais Group plc

The Vanguard Group, Inc. has filed a Form 8.3 regarding its position in Dowlais Group plc, as per the requirements under Rule 8.3 of the Takeover Code. The disclosure, dated January 20, 2026, outlines The Vanguard Group's ownership interests and dealings in the relevant securities of Dowlais Group.

The filing reveals that The Vanguard Group controls 72,816,052 ordinary shares of 1p each, equivalent to a 5.53% stake in Dowlais Group plc. On January 19, 2026, The Vanguard Group purchased an additional 51,337 shares at a price of 0.93 GBP per unit.

No cash-settled or stock-settled derivative positions were disclosed, nor any indemnity, option arrangements, or agreements affecting the securities were noted. The disclosure further confirms that no supplemental Form 8 is needed for open positions.

R. P.

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