The Vanguard Group Discloses Interests in Dowlais Group plc

On September 18, 2025, The Vanguard Group, Inc. filed a Form 8.3 disclosing its position in relation to Dowlais Group plc under the UK Takeover Code. Vanguard holds a significant stake of 5.55%, amounting to 73,109,268 ordinary shares, in Dowlais Group. The disclosure highlights their interest in relevant securities representing over 1%.

The filing also mentions dealings with another company, American Axle & Manufacturing Holdings, Inc., indicating that Vanguard’s interests extend beyond Dowlais. Notably, the reporting date for these positions was September 17, 2025.

Vanguard recently purchased 200,538 ordinary shares at 0.81 GBP per unit. The disclosure did not report any new subscriptions, option arrangements, or indemnities related to the securities involved.