The Vanguard Group Discloses Stake in Dowlais Group plc

The Vanguard Group, Inc. has disclosed its interest in Dowlais Group plc, reporting ownership of 72,646,748 shares, equating to 5.52% of ordinary shares. The disclosure, filed under Form 8.3, follows Rule 8.3 of the Takeover Code. This form indicates a public opening position regarding relevant securities representing 1% or more. The involved parties include American Axle & Manufacturing Holdings, Inc. as another disclosed interest. As of December 29, 2025, Vanguard made a notable purchase of 19,544 shares at 0.84 GBP per share.

No other indemnity or dealing arrangements are reported. Furthermore, there are no supplementary agreements concerning options or derivatives. This disclosure marks an important stake in the context of potential financial maneuvers surrounding Dowlais Group plc.