The Vanguard Group Discloses Position in Dowlais Group plc

The Vanguard Group, Inc. has submitted a Form 8.3 disclosing its interests in Dowlais Group plc's securities. On April 23, 2025, Vanguard held 73,125,366 ordinary shares, accounting for 5.44% of Dowlais' share capital. This disclosure is made under Rule 8.3 of the Takeover Code.

Additionally, Vanguard reported transactions involving the purchase and sale of 1p ordinary shares. They purchased 25,212 shares at 0.52 GBP and 51,723 shares at 0.53 GBP, while selling 15,372 shares at 0.52 GBP. No details regarding cash-settled or stock-settled derivatives were provided.

There are no agreements, indemnities, or arrangements involving other parties or derivatives. The disclosure also includes interests related to American Axle & Manufacturing Holdings, Inc., connected with Dowlais offers.