The Vanguard Group Discloses Position in Dowlais Group plc

The Vanguard Group, Inc. has filed a Form 8.3, revealing its interest in Dowlais Group plc. As of October 22, 2025, Vanguard holds 72,481,561 shares, representing a 5.50% stake in Dowlais. The disclosure, made under Rule 8.3 of the Takeover Code, highlights Vanguard's significant shareholding.

No agreements or arrangements concerning options or derivatives exist, as stated in the disclosure. Additionally, the disclosure includes information about transactions involving the sale of 103,920 ordinary 1p shares at 0.80 GBP per share. No cash-settled or stock-settled derivative transactions were reported.

The filing emphasizes transparency in takeover and merger scenarios, ensuring compliance with regulatory requirements. No Supplemental Form 8 was attached, indicating no open stock-settled derivative positions.