The Vanguard Group Discloses Position in Dowlais Group PLC

The Vanguard Group, Inc. has filed a Form 8.3 disclosure revealing interests in the securities of Dowlais Group PLC, indicating ownership of 72,749,456 shares, representing a 5.41% stake. This disclosure was made according to Rule 8.3 of the Takeover Code, as part of its obligations as a significant stakeholder.

The filing includes details of recent transactions, highlighting a purchase of 21,056 shares at 0.67 GBP per unit and a sale of 90,486 shares at 0.66 GBP per unit. The disclosure also confirms positions involving American Axle & Manufacturing Holdings, Inc., outlining the broader context of the Vanguard Group's investment activities in related entities.

No additional agreements or arrangements, such as indemnities or option deals, were reported in this disclosure, and a Supplemental Form 8 was deemed unnecessary.