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on The Vanguard Group, Inc. (isin : US12572Q1058)

Vanguard Group Discloses Significant Position in Dowlais Group plc

The Vanguard Group, Inc. has disclosed its position in Dowlais Group plc, as per Form 8.3 under the Takeover Code regulations. As of July 23, 2025, Vanguard holds 72,550,910 ordinary shares, representing a 5.51% stake in Dowlais Group. This disclosure indicates Vanguard's interests in relevant securities of the company.

Additionally, the filing reveals that Vanguard purchased 16,038 ordinary shares at a price of 0.72 GBP each. No cash-settled or stock-settled derivatives were reported in this disclosure. Furthermore, there are no indemnity arrangements, options, or derivative agreements affecting voting rights or future transactions.

Vanguard's involvement also extends to American Axle & Manufacturing Holdings, Inc., highlighting its diverse portfolio interests. The disclosure was officially submitted on July 24, 2025, by Shawn Acker of Vanguard.

R. E.

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