on The Vanguard Group, Inc. (isin : US12572Q1058)
The Vanguard Group Discloses Position in Dowlais Group plc
The Vanguard Group, Inc. has released a Form 8.3 indicating its interests in the securities of Dowlais Group plc. As of February 27, 2025, Vanguard holds 73,397,929 ordinary shares, representing a 5.46% stake. This public disclosure is in compliance with Rule 8.3 of the Takeover Code, which necessitates the declaration of a person's interests when they surpass 1% of relevant securities.
Vanguard also reported the purchase of 16,346 ordinary shares at a price of 0.71 GBP per unit. The disclosure document describes detailed transactions and holdings but states that there are no indemnity agreements or derivative arrangements related to the securities in question.
This information is pertinent to monitoring the movements and interests related to corporate shares and potential takeover scenarios in the financial markets.
R. H.
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