The Vanguard Group Discloses Significant Position in Dowlais Group plc

The Vanguard Group, Inc. disclosed its holding in Dowlais Group plc, as per Form 8.3 under the Takeover Code. The report shows Vanguard holding interests representing over 5% of the relevant securities in Dowlais Group. Specifically, Vanguard holds 72,569,621 ordinary shares, equating to a 5.51% stake in the company.

The disclosure also mentions American Axle & Manufacturing Holdings, Inc., indicating Vanguard is making related disclosures concerning their position. The recent purchase of 28,170 ordinary shares at 0.83 GBP per share strengthens Vanguard's significant interest.

No agreements, arrangements, or understandings involving options, derivatives, or voting rights related to the offer are reported. This form serves to inform stakeholders of Vanguard's substantial investment standing in Dowlais Group and their actions concerning American Axle.