The Vanguard Group Discloses 5.44% Stake in Dowlais Group

The Vanguard Group, Inc. has disclosed its public opening position in Dowlais Group plc, representing a 5.44% interest, equivalent to 73,158,698 of 1p ordinary shares. This disclosure, submitted under Rule 8.3 of the Takeover Code, demonstrates The Vanguard Group's involvement as a major stakeholder with interests in relevant securities above the 1% threshold.

The position was declared as of 28 April 2025, including an additional disclosure concerning American Axle & Manufacturing Holdings, Inc. Purchases of 24,500 securities at 0.58 GBP per unit were highlighted as part of their recent dealings in the Dowlais Group. The company reported no other positions in stock-settled derivatives or open agreements relating to these securities.

No agreements, arrangements, or understandings relating to options or derivatives were reported. The disclosure, accurate as of 29 April 2025, provides detailed insights into The Vanguard Group's significant financial interests in Dowlais.