on The Vanguard Group, Inc. (isin : US12572Q1058)
The Vanguard Group Discloses Stake in Dowlais Group plc
The Vanguard Group, Inc. has filed a Form 8.3 related to its interests in Dowlais Group plc. As of March 14, 2025, Vanguard holds 5.41% in Dowlais, owning 72,791,486 ordinary shares. This disclosure complies with Rule 8.3 of the Takeover Code.
Additionally, the firm disclosed its activities involving Dowlais shares, purchasing 29,809 ordinary shares at 0.66 GBP per share. No cash-settled or stock-settled derivative transactions were reported in this filing. Vanguard confirmed no indemnity or dealing arrangements relating to securities.
Vanguard also declared that disclosures are made concerning American Axle & Manufacturing Holdings, Inc., suggesting interest in another offer-related party. No supplemental form for open positions was attached.
R. H.
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