The Vanguard Group Discloses Position in Dowlais Group

The Vanguard Group, Inc. has released a Form 8.3 disclosure regarding its holdings in Dowlais Group plc. As of January 13, 2026, Vanguard controls 72,758,030 ordinary shares of the 1p class, representing a 5.53% stake in the company. This substantial shareholding surpasses the 1% threshold, necessitating public disclosure under Rule 8.3 of the UK Takeover Code.

Furthermore, Vanguard is also making disclosures related to American Axle & Manufacturing Holdings, Inc., indicating involvement in another ongoing offer. On January 13, and as reported, Vanguard purchased 2,045 shares of Dowlais Group at 0.94 GBP per share. No cash-settled derivatives or agreements to acquire new securities were noted in the statement.

The disclosure confirms that there are no indemnity arrangements, options, or understandings related to these securities, and no supplemental forms were attached. The document was released by Shawn Acker from Vanguard on January 14, 2026.