on The Vanguard Group, Inc. (isin : US12572Q1058)
The Vanguard Group Discloses Position in Dowlais Group
The Vanguard Group, Inc. has filed a Form 8.3, revealing its interest in Dowlais Group plc's securities. As of 21 March 2025, Vanguard controls 73,191,021 fully owned shares, representing 5.44% of Dowlais Group's ordinary shares. These disclosures adhere to Rule 8.3 of the UK Takeover Code, which mandates transparency for parties holding 1% or more in relevant securities.
The document also notes American Axle & Manufacturing Holdings, Inc. as an additional party involved. Vanguard reported a recent purchase of 607,168 ordinary shares and sale of 165,274 shares, both at 0.65 GBP per unit. The disclosure confirms there are no indemnity, option arrangements, or agreements concerning Dowlais Group securities.
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R. H.
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