The Vanguard Group, Inc. Discloses Stake in Dowlais Group plc

The Vanguard Group, Inc. has made a public disclosure regarding its interests in relevant securities of Dowlais Group plc. This disclosure, filed under Form 8.3, involves securities representing 1% or more, in accordance with Rule 8.3 of the Takeover Code. As of October 21, 2025, Vanguard holds 72,585,481 ordinary shares, equivalent to a 5.51% stake in Dowlais Group plc.

The disclosure highlights recent trading activities, with Vanguard purchasing 15,646 ordinary shares at 0.79 GBP per share and selling 22,328 ordinary shares at the same price. No additional derivative or subscription rights transactions were recorded.

Vanguard also disclosed its dealings concerning American Axle & Manufacturing Holdings, Inc., suggesting active involvement in transactions related to both entities.