The Vanguard Group Discloses Position in Dowlais Group plc

The Vanguard Group, Inc. has released a Form 8.3 regarding its holdings in Dowlais Group plc. On July 15, 2025, Vanguard held a 5.50% interest in Dowlais Group's 1p ordinary shares, equivalent to 72,461,771 shares. The disclosure is under Rule 8.3 of the Takeover Code, which mandates disclosure for interests of 1% or more in relevant securities.

In addition to Dowlais Group, Vanguard is making disclosures concerning American Axle & Manufacturing Holdings, Inc. Recently, Vanguard acquired 8,676 shares of Dowlais Group at 0.71 GBP per share. There were no derivatives or options on the securities during this period, nor any other dealings or agreements that could influence the securities.

No additional agreements or understandings regarding voting rights or future actions concerning the securities were reported. The disclosure was made by Shawn Acker on July 16, 2025.