The Vanguard Group Discloses Position in Dowlais Group

The Vanguard Group, Inc. has released Form 8.3, announcing its position in Dowlais Group plc as of February 14, 2025. The disclosure is made under Rule 8.3 of the Takeover Code, adhering to regulatory requirements for entities with over 1% ownership.

Vanguard's interests include 74,069,901 ordinary shares, representing a 5.51% stake in Dowlais Group. In addition, the disclosure acknowledges dealings with American Axle & Manufacturing Holdings, Inc., highlighting the group's diversified interests across relevant securities.

The disclosure also details a recent purchase of 15,020 ordinary shares at 0.69 GBP per unit. No derivative transactions, indemnity, or option arrangements impacting voting rights or future disposal are noted in this disclosure.