Vanguard Discloses Stake in American Axle & Manufacturing

The Vanguard Group, Inc. has submitted a Form 8.3 disclosure, revealing its significant ownership interest in American Axle & Manufacturing Holdings, Inc. As per the filing, Vanguard holds 16,483,979 USD 0.01 common shares, which constitutes 14.02% of the outstanding shares. This disclosure is part of regulatory requirements under Rule 8.3 of the Takeover Code, advising parties with relevant securities representing 1% or more.

Alongside American Axle, Vanguard's interest extends to the Dowlais Group plc. The disclosure includes recent transactions involving the purchase and sale of shares, with a minor net acquisition resulting in Vanguard's maintained stake. No significant derivative positions or special arrangements were disclosed, indicating a focus on equity ownership rather than speculative instruments.