The Vanguard Group's Position in Dowlais Group plc

The Vanguard Group, Inc. has disclosed its position concerning Dowlais Group plc, as required by Rule 8.3 of the Takeover Code. The report details a significant interest in Dowlais Group, amounting to 5.53% of its relevant securities. This position reflects ownership of 74,385,269 ordinary 1p shares.

The filing also includes disclosure of transactions. Recently, Vanguard purchased 4,452 shares at a price of 0.70 GBP and sold 20,720 shares for the same price per unit. These activities illustrate active management of their position.

Additionally, the disclosure notes that Vanguard has no existing cash-settled or stock-settled derivative positions related to Dowlais Group plc and indicates no agreements around indemnities or options.