The Vanguard Group Discloses Substantial Shareholding in American Axle

The Vanguard Group, Inc. made a significant disclosure under Rule 8.3 of the Takeover Code. The firm revealed its interests in American Axle & Manufacturing Holdings, Inc., reporting ownership of 9,821,338 common shares, equivalent to 8.35% of the company's total shares. This disclosure also highlights Dowlais Group plc as another entity involved in the dealings.

The document outlines transactions involving the purchase of 2,602 shares at a price of 4.85 USD per unit. The disclosure confirms that there are no existing indemnity or option arrangements related to these securities. Moreover, no agreements or understandings regarding voting rights or future acquisitions have been declared. Shawn Acker serves as the contact point for further inquiries regarding this disclosure.