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The Vanguard Group Discloses Positions in Dowlais Group plc

The Vanguard Group, Inc. released a Form 8.3 related to its interests in Dowlais Group plc. Filed under Rule 8.3 of the Takeover Code, the disclosure presents Vanguard's holdings as of March 5, 2025.

In the key data section, Vanguard confirms its significant interest, with 72,770,440 shares representing 5.41% of Dowlais Group's 1p ordinary securities. Additionally, Vanguard announces its dealings in the shares, involving a purchase of 35,109 shares at 0.70 GBP each, and sales of 70,336 and 20,748 shares at 0.69 GBP and 0.70 GBP, respectively.

Vanguard is also disclosing interests in connection to American Axle & Manufacturing Holdings, Inc. No other engaging agreements, arrangements, or related derivative positions were specified beyond what is documented under the existing disclosure guidelines.

R. P.

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