The Vanguard Group Discloses Position in Dowlais Group plc

The Vanguard Group, Inc. has released its Form 8.3 concerning Dowlais Group plc, detailing its holdings as of February 5, 2025. According to the disclosure, Vanguard controls 5.53% of the ordinary shares of Dowlais, totaling 74,384,448 shares. The form adheres to Rule 8.3 of the Takeover Code, necessitating the disclosure from entities with significant securities interests.

Additionally, the document indicates involvement with American Axle & Manufacturing Holdings, Inc. Vanguard reported transactions involving an ordinary 1p share, purchasing 166,921 units and selling 334,248 units at 0.69 GBP per share.

No indemnity agreements or other formal securities arrangements were noted in the disclosure. No stock-settled derivative positions or agreements to purchase or sell securities currently exist, as per the document.