on The Vanguard Group, Inc. (isin : US12572Q1058)
The Vanguard Group Discloses Stake in Dowlais Group plc
The Vanguard Group, Inc. has filed Form 8.3 in compliance with Rule 8.3 of the Takeover Code, disclosing a substantial stake in Dowlais Group plc. As per the document dated 02 July 2025, Vanguard holds 72,485,578 ordinary shares of Dowlais, representing 5.51% of its relevant securities. Additionally, the company has undertaken recent transactions involving these securities.
On 01 July 2025, Vanguard purchased 176,545 shares of Dowlais at a unit price of 0.67 GBP, maintaining its position in the market. The filing also notes that there are no existing indemnity arrangements, agreements, or understandings related to options or derivatives involving Vanguard. The disclosure mentions an additional engagement with American Axle & Manufacturing Holdings, Inc.
R. H.
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